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Key Facts: United Kingdom vs Faroe Islands Wages

United Kingdom Minimum Wage
£12.71/hr ($17.11 USD)
Faroe Islands Minimum Wage
No statutory minimum wage
United Kingdom Avg. Gross Monthly Salary
£3,253 /mo ($4,379.96 USD)
Faroe Islands Avg. Gross Monthly Salary
kr34,278 /mo ($5,341.42 USD)
Data Sources
UK Government / Low Pay Commission (2026-06-01), Statistics Faroe Islands (hagstova.fo) (2026-05-04)

United Kingdom flag United Kingdom Faroe Islands flag Faroe Islands

Updated 2026-06-01

United Kingdom flag United Kingdom

Minimum Wage

£12.71 /hr

$17.11 USD

Avg. Gross Salary

£3,253 /mo

Faroe Islands flag Faroe Islands

No statutory minimum wage

Avg. Gross Salary

kr34,278 /mo

Avg. salary: -18% United Kingdom vs Faroe Islands

Unlike Faroe Islands, which has no statutory minimum wage, the United Kingdom mandates a wage floor of $17/hr. Average salaries are lower in the United Kingdom at $4,380/mo compared to $5,341/mo in Faroe Islands.

Detailed Comparison

Detailed wage comparison between United Kingdom and Faroe Islands
Metric United Kingdom Faroe Islands
Minimum wage /hr £12.71 $17.11 None
Minimum wage /mo £2,203.07 $2,966.30 None
Minimum wage /yr £26,436.80 $35,595.53 None
Avg. gross salary /mo £3,253 /mo $4,379.96 kr34,278 /mo $5,341.42
Avg. net salary /mo £2,636 /mo $3,549.21 N/A/mo
Median individual income /yr £28,000 /yr $37,700.28 N/A/yr

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

Work Week

United Kingdom

40 hrs/wk standard

Max 48 hrs/wk

Working Time Regulations limit average to 48 hrs/week (opt-out available). No statutory overtime rate; overtime pay is set by contract.

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.

See this comparison from Faroe Islands's perspective: Faroe Islands vs United Kingdom

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Frequently Asked Questions

Is the minimum wage higher in United Kingdom or Faroe Islands?

In the United Kingdom, the minimum wage is £12.71/hr ($17.11 USD). In Faroe Islands, it is no statutory minimum wage.

How much less does the average worker earn in United Kingdom compared to Faroe Islands?

The average gross salary in the United Kingdom is £3,253/mo ($4,379.96 USD), compared to kr34,278/mo ($5,341.42 USD) in Faroe Islands. In USD terms, workers in the United Kingdom earn approximately 22% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between United Kingdom 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 the United Kingdom.

How do work hours compare between United Kingdom and Faroe Islands?

Both United Kingdom and Faroe Islands 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.