Key Facts: Taiwan vs Slovakia Wages
- Taiwan Minimum Wage
- NT$190/hr ($6.11 USD)
- Slovakia Minimum Wage
- €5.26/hr ($6.13 USD)
- Taiwan Avg. Gross Monthly Salary
- NT$58,000 /mo ($1,864.95 USD)
- Slovakia Avg. Gross Monthly Salary
- €1,580 /mo ($1,839.99 USD)
- Data Sources
- Ministry of Labor (MOL), Republic of China (Taiwan) (2026-02-24), Ministry of Labour, Social Affairs and Family (Oznámenie MPSVaR SR č. 245/2025 Z. z.) (2026-05-24)
Taiwan 
Slovakia
Updated 2026-05-24
Both high-income economies, Taiwan and Slovakia set comparable minimum wage floors in USD terms. Average salaries are higher in Taiwan at $1,865/mo compared to $1,840/mo in Slovakia.
Detailed Comparison
| Metric | Taiwan | Slovakia |
|---|---|---|
| Minimum wage /hr | NT$190 $6.11 | €5.26 $6.13 |
| Minimum wage /mo | NT$28,590 $919.29 | €915 $1,065.56 |
| Minimum wage /yr | NT$343,080 $11,031.51 | €10,980 $12,786.77 |
| Avg. gross salary /mo | NT$58,000 /mo $1,864.95 | €1,580 /mo $1,839.99 |
| Avg. net salary /mo | NT$50,500 /mo $1,623.79 | €1,200 /mo $1,397.46 |
| Median individual income /yr | NT$546,000 /yr $17,556.27 | €11,400 /yr $13,275.88 |
Percentage differences are based on USD equivalent values. Positive means Taiwan is higher.
Work Week
- 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).
- Slovakia
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.25x pay
Standard workweek is 40 hours. Overtime limited to 150 hours/year (extendable to 400 by agreement). Overtime premium at least 25% of earnings. Night work, weekend, and holiday work have separate premiums.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker in Taiwan earns 0% less per hour in USD terms than one in Slovakia.
See this comparison from Slovakia's perspective: Slovakia vs Taiwan
Compare Taiwan with...
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Taiwan vs Norway Frequently Asked Questions
Is the minimum wage higher in Taiwan or Slovakia?
In Taiwan, the minimum wage is NT$190/hr ($6.11 USD). In Slovakia, it is €5.26/hr ($6.13 USD). Slovakia has the higher rate by 0% 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 Taiwan may retain a larger share of their earnings if prices there are lower.
How much more does the average worker earn in Taiwan compared to Slovakia?
The average gross salary in Taiwan is NT$58,000/mo ($1,864.95 USD), compared to €1,580/mo ($1,839.99 USD) in Slovakia. In USD terms, workers in Taiwan earn approximately 1% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Taiwan and Slovakia 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 Slovakia.
How do work hours compare between Taiwan and Slovakia?
Both Taiwan and Slovakia mandate a similar standard work week of 40 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.