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Key Facts: North Korea vs Peru Wages

North Korea Minimum Wage
No statutory minimum wage
Peru Minimum Wage
S/5.89/hr ($1.60 USD)
North Korea Avg. Gross Monthly Salary
₩100,000 /mo ($111.11 USD)
Peru Avg. Gross Monthly Salary
S/2,200 /mo ($597.83 USD)
Data Sources
ILO / World Bank / Korea Institute for National Unification (KINU) / NK News (2026-02-25), Ministerio de Trabajo y Promoción del Empleo (MTPE); DS 006-2024-TR (1,130 PEN eff 2025-01-01); DS 003-2022-TR (1,025 PEN eff 2022-05-01) (2026-05-27)

North Korea flag North Korea Peru flag Peru

Updated 2026-05-27

North Korea flag North Korea

No statutory minimum wage

Avg. Gross Salary

₩100,000 /mo

Peru flag Peru

Minimum Wage

S/5.89 /hr

$1.60 USD

Avg. Gross Salary

S/2,200 /mo

Avg. salary: -81% North Korea vs Peru

North Korea has no statutory minimum wage, while Peru sets a floor of $2/hr. Average gross salaries diverge further: $111/mo in North Korea versus $598/mo in Peru, a 5.4:1 ratio.

North Korea's unemployment rate is 3.5% compared to Peru's 5.1%.

Detailed Comparison

Detailed wage comparison between North Korea and Peru
Metric North Korea Peru
Minimum wage /hr None S/5.89 $1.60
Minimum wage /mo None S/1,130 $307.07
Minimum wage /yr None S/15,820 $4,298.91
Avg. gross salary /mo ₩100,000 /mo $111.11 S/2,200 /mo $597.83
Avg. net salary /mo ₩90,000 /mo $100 S/1,870 /mo $508.15
Median individual income /yr N/A/yr S/15,600 /yr $4,239.13

Percentage differences are based on USD equivalent values. Positive means North Korea is higher.

Work Week

North Korea

48 hrs/wk standard

The North Korean Labour Law formally sets an 8-hour working day. In practice, many workers are required to spend additional hours in compulsory political study, military training, and 'volunteer' labour campaigns. The actual workweek for state employees varies widely by sector and location. No independent verification of labour conditions is possible.

Peru

48 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.25x pay

Constitution sets maximum at 48 hours/week, 8 hours/day (or 6 days at 8 hrs). Office workers commonly work 40-45 hrs. Overtime: first 2 hours at 125%, subsequent hours at 135%. Night shift (10pm-6am) receives a 35% surcharge.

See this comparison from Peru's perspective: Peru vs North Korea

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Frequently Asked Questions

Is the minimum wage higher in North Korea or Peru?

In North Korea, the minimum wage is no statutory minimum wage. In Peru, it is S/5.89/hr ($1.60 USD).

How much less does the average worker earn in North Korea compared to Peru?

The average gross salary in North Korea is ₩100,000/mo ($111.11 USD), compared to S/2,200/mo ($597.83 USD) in Peru. In USD terms, workers in North Korea earn approximately 438% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between North Korea and Peru is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Peru earn more in nominal terms, though how far that income stretches depends on local prices in North Korea.

How do work hours compare between North Korea and Peru?

Both North Korea and Peru mandate a similar standard work week of 48 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.