The value of a country’s minimum wage depends not only on the amount paid in local currency but also on the strength of its currency when converted to the US dollar.
A review by the Nairametrics Research Team, using official minimum wage data and exchange rates as of July 24, 2026, ranked African countries based on the US dollar value of their monthly minimum wages.
Top 10 rankings
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10. Botswana – $153.97 per month
Botswana’s benchmark monthly minimum wage is BWP 2,120, equal to $153.97. The rate increased by 23.53% in February 2024. The country does not have a single minimum wage for all workers, as wages vary by sector.
9. Libya – $156.27 per month
Libya’s minimum wage is LYD 1,000 per month, worth $156.27. It was raised from LYD 450, a 122.22% increase, making it the biggest wage increase among the countries reviewed.
8. Cape Verde –
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