Peru Taiwan

Updated 2026-05-27

Peru

Minimum Wage

S/5.89 /hr

$1.60 USD

Avg. Gross Salary

S/2,200 /mo

Taiwan

Minimum Wage

NT$190 /hr

$6.11 USD

Avg. Gross Salary

NT$58,000 /mo

Min wage: -74% Peru vs Taiwan Avg. salary: -68% Peru vs Taiwan

The minimum wage in Peru is 74% lower than in Taiwan in USD terms, though average salaries tell a different story. Average gross salaries diverge further: $598/mo in Peru versus $1,865/mo in Taiwan, a 3.1:1 ratio.

Detailed Comparison

Detailed wage comparison between Peru and Taiwan
Metric	Peru	Taiwan	Diff
Minimum wage /hr	S/5.89 $1.60	NT$190 $6.11	-73.8%
Minimum wage /mo	S/1,130 $307.07	NT$28,590 $919.29	-66.6%
Minimum wage /yr	S/15,820 $4,298.91	NT$343,080 $11,031.51	-61.0%
Avg. gross salary /mo	S/2,200 /mo $597.83	NT$58,000 /mo $1,864.95	-67.9%
Avg. net salary /mo	S/1,870 /mo $508.15	NT$50,500 /mo $1,623.79	-68.7%
Median individual income /yr	S/15,600 /yr $4,239.13	NT$546,000 /yr $17,556.27	-75.9%

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.
Taiwan: 40 hrs/wk standard

Max 40 hrs/wk

Overtime : 1.34x pay

Labour Standards Act sets 40 hours/week, 8 hours/day. Two mandatory rest days per week (one fixed, one flexible). Overtime: first 2 hrs at 1.34x, next 2 hrs at 1.67x. Monthly overtime cap of 46 hours (may be extended to 54 hours with union/labour-management agreement, max 138 hrs/3 months).

• WAGE TRAJECTORY (USD/hr)

Peru Taiwan Source: wage.is · USD equivalent/hr

Year	Peru (USD)	Taiwan (USD)
2015	$204/hr	—
2016	$231/hr	—
2018	$253/hr	—
2020	—	$765/hr
2021	—	$772/hr
2022	$279/hr	$812/hr
2023	—	$849/hr
2024	—	$883/hr
2025	$307/hr	$919/hr

What This Means for Workers

A minimum wage worker in Peru earns 282% less per hour in USD terms than one in Taiwan. Standard work weeks differ: Peru mandates 48 hours while Taiwan mandates 40 hours. A minimum wage worker's weekly earnings in Peru are $77 vs $244 in Taiwan.

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

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Frequently Asked Questions

Is the minimum wage higher in Peru or Taiwan?

In Peru, the minimum wage is S/5.89/hr ($1.60 USD). In Taiwan, it is NT$190/hr ($6.11 USD). Taiwan has the higher rate by 282% 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 less does the average worker earn in Peru compared to Taiwan?

The average gross salary in Peru is S/2,200/mo ($597.83 USD), compared to NT$58,000/mo ($1,864.95 USD) in Taiwan. In USD terms, workers in Peru earn approximately 212% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Peru and Taiwan is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Taiwan earn more in nominal terms, though how far that income stretches depends on local prices in Peru.

How do work hours compare between Peru and Taiwan?

Peru has a longer standard work week at 48 hours, compared to 40 hours in Taiwan. Workers in Peru work 48 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Taiwan 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.