Monthly minimum wage in Guinea

Guinea: Monthly minimum wage was 550,000 in 2024. ▲ Rising

Latest (2024)
550,000
Change on year
unchanged
World rank
11th
of 173 countries
All-time high
550,000
in 2022
All-time low
440,000
in 2013
Years of data
12
2013–2024

Monthly minimum wage in Guinea, 2013–2024

0200.0k400.0k600.0k2013201820242013: 440.0k2014: 440.0k2015: 440.0k2016: 440.0k2017: 440.0k2018: 440.0k2019: 440.0k2020: 440.0k2021: 440.0k2022: 550.0k2023: 550.0k2024: 550.0k

Source: International Labour Organization.

Analysis

In 2024, monthly minimum wage in Guinea stood at 550,000. That is the highest value across all 12 years on record.

The figure is up 25.0% over ten years.

Over the whole period, monthly minimum wage in Guinea peaked at 550,000 in 2022 and was at its lowest, 440,000, in 2013.

Guinea ranks 11th of 173 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 12 years of available data.

Monthly minimum wage in Guinea, year by year

Annual values for Monthly minimum wage in Guinea, 2013 to 2024.
Year Value Change
2013 440,000
2014 440,000 +0.0%
2015 440,000 +0.0%
2016 440,000 +0.0%
2017 440,000 +0.0%
2018 440,000 +0.0%
2019 440,000 +0.0%
2020 440,000 +0.0%
2021 440,000 +0.0%
2022 550,000 +25.0%
2023 550,000 +0.0%
2024 550,000 +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 440,000 440,000 440,000 7
2020s 506,000 440,000 550,000 5

Countries ranked near Guinea

  1. 8 Colombia 1.30 million compare
  2. 9 Uzbekistan 1.05 million compare
  3. 10 Mongolia 660,000 compare
  4. 12 Chile 500,000 compare
  5. 13 Iceland 425,985 compare
  6. 14 Costa Rica 358,609 compare

See the full ranking of 173 places →

More work & labour data for Guinea

All data for Guinea →

Frequently asked questions

What is monthly minimum wage in Guinea?
Monthly minimum wage in Guinea was 550,000 in 2024, according to International Labour Organization.
What is the highest monthly minimum wage recorded in Guinea?
The highest recorded value was 550,000 in 2022.
What is the lowest monthly minimum wage recorded in Guinea?
The lowest recorded value was 440,000 in 2013.
How does Guinea rank for monthly minimum wage?
Guinea ranks 11th out of 173 countries with data for 2024.
Is monthly minimum wage rising or falling in Guinea?
Over the last ten years it is up 25.0%. The long-run trend across the full record is rising.
Where does this Guinea data come from?
The figures come from International Labour Organization, published as part of Monthly minimum wage. Statizoid updates them automatically from the source API.

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Monthly minimum wage in Guinea. Statizoid, drawing on International Labour Organization. Retrieved 23 August 2026, from https://labour.statizoid.com/stat/monthly-minimum-wage/guinea/

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About this data

Indicator
Monthly minimum wage
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
173 places, 3,960 data points, 1980–2026
Last refreshed

Data refer to the minimum monthly earnings of all employees as of December 31st of each year. Minimum wages are not reported for countries for which collective bargaining is in place for minimum wages. In cases where a national minimum wage is not mandated, the minimum wage in place in the capital or major city is used. In some cases, an average of multiple regional minimum wages is used. In countries where the minimum wage is set at the sectoral level or occupational level, the minimum wage for manufacturing or unskilled workers is generally applied. Data are converted to U.S. dollars as the common currency, using exchange rates or purchasing power parity (PPP) rates rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.