Equatorial Guinea Minimum Wage Rate 2018
Because Equatorial Guinea does not have a minimum wage, there is no mandatory minimum rate of pay for workers in Equatorial Guinea. Pay rates must be agreed upon directly with the employer through collective bargaining or other means of negotiating a fair living wage.
What is the Equatorial Guinea Minimum Wage?
Equatorial Guinea's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.
Equatorial Guinea's minimum wage is 129,035 CFA franc ($224) Equatorial Guinea's minimum wage was last changed in 1-Jan-2015.
Facts and statistics about Equatorial Guinea
Equatorial Guinea is a country located in the Central Africa region with a population of 453,000 and an average life span of 53.6 years.
|Local Name||Guinea Ecuatorial|
|Gross National Product||$283.00|
|Current Leader||Teodoro Obiang Nguema Mbasogo|
|Continent & Region||Africa, Central Africa|
|Surface Area||28,051 square kilometers|
|ISO 3166 Country Code||GQ|
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