Key Facts: Singapore vs Faroe Islands Wages
- Singapore Minimum Wage
- No statutory minimum wage
- Faroe Islands Minimum Wage
- No statutory minimum wage
- Singapore Avg. Gross Monthly Salary
- S$5,800 /mo ($4,539.05 USD)
- Faroe Islands Avg. Gross Monthly Salary
- kr34,278 /mo ($5,341.42 USD)
- Data Sources
- Ministry of Manpower (MOM) (2026-06-01), Statistics Faroe Islands (hagstova.fo) (2026-05-04)
Singapore 
Faroe Islands
Updated 2026-06-01
Neither Singapore nor Faroe Islands has a statutory minimum wage, relying instead on collective bargaining or sectoral agreements. Average salaries are lower in Singapore at $4,539/mo compared to $5,341/mo in Faroe Islands.
Detailed Comparison
| Metric | Singapore | Faroe Islands |
|---|---|---|
| Avg. gross salary /mo | S$5,800 /mo $4,539.05 | kr34,278 /mo $5,341.42 |
| Avg. net salary /mo | S$4,930 /mo $3,858.19 | N/A/mo |
| Median individual income /yr | S$66,000 /yr $51,651.28 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Singapore is higher.
Work Week
- Singapore
-
44 hrs/wk standard
Max 44 hrs/wk
Overtime : 1.5x pay
Employment Act caps at 44 hours/week (8 hrs/day for 5-day week, or 9 hrs/day for fewer days). Overtime pay at 1.5x hourly basic rate, applies to non-workmen earning up to SGD 2,600/mo and workmen earning up to SGD 4,500/mo. Maximum overtime: 72 hours/month.
- Faroe Islands
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours. Working conditions governed by collective agreements.
What This Means for Workers
Standard work weeks differ: Singapore mandates 44 hours while Faroe Islands mandates 40 hours.
See this comparison from Faroe Islands's perspective: Faroe Islands vs Singapore
Compare Singapore with...
Singapore vs United States $ 7.25 /hr 
Singapore vs China ¥ 25 /hr 
Singapore vs Germany € 13.9 /hr 
Singapore vs United Kingdom £ 12.71 /hr 
Singapore vs India ₹ 4,576 /mo 
Singapore vs Japan ¥ 1,121 /hr 
Singapore vs France € 12.02 /hr 
Singapore vs South Korea ₩ 10,320 /hr 
Singapore vs Canada C$ 18.1 /hr 
Singapore vs Australia A$ 24.95 /hr 
Singapore vs Brazil R$ 7.37 /hr 
Singapore vs Russia ₽ 156.31 /hr 
Singapore vs Mexico MX$ 9,583.52 /mo 
Singapore vs Indonesia Rp 33,058 /hr 
Singapore vs Netherlands € 14.71 /hr 
Singapore vs Saudi Arabia ﷼ 23.08 /hr 
Singapore vs Turkey ₺ 164.94 /hr 
Singapore vs Taiwan NT$ 190 /hr 
Singapore vs Switzerland 
Singapore vs Poland zł 31.4 /hr 
Singapore vs Thailand ฿ 10,400 /mo 
Singapore vs Sweden 
Singapore vs Argentina ARS 1,762 /hr 
Singapore vs Norway Frequently Asked Questions
How much less does the average worker earn in Singapore compared to Faroe Islands?
The average gross salary in Singapore is S$5,800/mo ($4,539.05 USD), compared to kr34,278/mo ($5,341.42 USD) in Faroe Islands. In USD terms, workers in Singapore earn approximately 18% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Singapore and Faroe Islands is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Faroe Islands earn more in nominal terms, though how far that income stretches depends on local prices in Singapore.
How do work hours compare between Singapore and Faroe Islands?
Singapore has a longer standard work week at 44 hours, compared to 40 hours in Faroe Islands. Workers in Singapore work 44 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Faroe Islands 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.