Skip to main content

Key Facts: Peru vs Eritrea Wages

Peru Minimum Wage
S/5.89/hr ($1.60 USD)
Eritrea Minimum Wage
Nfk600/mo ($40 USD)
Peru Avg. Gross Monthly Salary
S/2,200 /mo ($597.83 USD)
Eritrea Avg. Gross Monthly Salary
Nfk6,000 /mo ($400 USD)
Data Sources
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), ILO ILOSTAT / World Bank / OHCHR Eritrea reports (2026-02-25)

Peru flag Peru Eritrea flag Eritrea

Updated 2026-05-27

Peru flag Peru

Minimum Wage

S/5.89 /hr

$1.60 USD

Avg. Gross Salary

S/2,200 /mo

Eritrea flag Eritrea

Minimum Wage

Nfk600 /mo

$40 USD

Avg. Gross Salary

Nfk6,000 /mo

Min wage: -96% Peru vs Eritrea Avg. salary: +49% Peru vs Eritrea

The minimum wage in Peru is roughly 25 times lower than in Eritrea in USD terms, reflecting the gap between a upper-middle-income and a low-income economy. Average salaries are higher in Peru at $598/mo compared to $400/mo in Eritrea.

Peru's unemployment rate is 5.1% compared to Eritrea's 6.0%.

Detailed Comparison

Detailed wage comparison between Peru and Eritrea
Metric Peru Eritrea
Minimum wage /hr S/5.89 $1.60
Minimum wage /mo S/1,130 $307.07 Nfk600 $40
Minimum wage /yr S/15,820 $4,298.91
Avg. gross salary /mo S/2,200 /mo $597.83 Nfk6,000 /mo $400
Avg. net salary /mo S/1,870 /mo $508.15 Nfk5,400 /mo $360
Median individual income /yr S/15,600 /yr $4,239.13 N/A/yr

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

Work Week

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.

Eritrea

44 hrs/wk standard

Labour Law sets 44 hours/week for civilian workers (8 hours/day, 5.5 days). However, the national service program operates under military regulations outside normal labour law. No reliable enforcement or monitoring data is available.

What This Means for Workers

A minimum wage worker in Peru earns 2399% less per hour in USD terms than one in Eritrea. Standard work weeks differ: Peru mandates 48 hours while Eritrea mandates 44 hours. A minimum wage worker's weekly earnings in Peru are $77 vs $1,760 in Eritrea.

See this comparison from Eritrea's perspective: Eritrea vs Peru

Compare Peru with...

Frequently Asked Questions

Is the minimum wage higher in Peru or Eritrea?

In Peru, the minimum wage is S/5.89/hr ($1.60 USD). In Eritrea, it is Nfk600/mo ($40 USD). Eritrea has the higher rate by 2399% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in Peru may retain a larger share of their earnings if prices there are lower.

How much more does the average worker earn in Peru compared to Eritrea?

The average gross salary in Peru is S/2,200/mo ($597.83 USD), compared to Nfk6,000/mo ($400 USD) in Eritrea. In USD terms, workers in Peru earn approximately 49% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Peru and Eritrea 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 Eritrea.

How do work hours compare between Peru and Eritrea?

Peru has a longer standard work week at 48 hours, compared to 44 hours in Eritrea. Workers in Peru work 48 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Eritrea working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.