Venezuela Wages 2024 | Minimum & Average | Take-profit.org (2024)

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Venezuela Wages Data

Indicator Data Period
Minimum Wages 13000000 VEF/Month | 13000000 USD/Month Jan/23
  • Minimum

Latest data on Minimum Wages (VEF/Month)

  • Chart
  • Historical Chart

Venezuela Wages 2024 | Minimum & Average | Take-profit.org (1)

What is minimum wage in Venezuela?

  • Minimum Wages in Venezuela remained unchanged at 13000000 VEF/Month (13000000 USD/Month) in January 2023. The maximum rate of minimum wage for employees was 5196000 VEF/Month and minimum was 4 VEF/Month.
  • Data published Monthly by Central Bank.

Historical Data (VEF/Month) by years

Data

Period

Date

13000000 Jan/23 19.06.2023
12600000 Mar/22 20.04.2022
7000000 May/21 24.02.2022
400000 May/20 04.08.2020
250000 Jan/20 03.02.2020
150000 Oct/19 26.11.2019
4000000000 Apr/19 16.05.2019
1800000000 Jan/19 16.01.2019

Historical Chart by presidents (VEF/Month)

  • Nicolás Maduro
  • Hugo Chávez
  • Rafael Caldera
  • Carlos Pérez

Venezuela Wages 2024 | Minimum & Average | Take-profit.org (2)

Venezuela Wages 2024 | Minimum & Average | Take-profit.org (3)

Venezuela Wages 2024 | Minimum & Average | Take-profit.org (4)

Venezuela Wages 2024 | Minimum & Average | Take-profit.org (5)

Minimum Wages in Venezuela by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Nicolás Maduro 05.03.2013 - 3634.0200 5196000.0000 5196000.0000 3634.0200 142882.15%
Hugo Chávez 02.02.1999 - 05.03.2013 144.0000 3037.5200 3037.5200 144.0000 2009.39%
Rafael Caldera 02.02.1994 - 02.02.1999 15.0000 120.0000 120.0000 15.0000 700.00%
Carlos Pérez 02.02.1989 - 02.02.1993 6.0000 15.0000 15.0000 6.0000 150.00%

Other labor indicators in Venezuela

Index Updated Actual Previous
Unemployment Rate Dec/18 6.4 % 7.3

Minimum Wages in other countries

Country Updated Actual Previous
Brazil Oct/23 261.267 USD/Month 261.267
Chile 2023 497.029 USD/Month 475.419
Paraguay Sep/23 367.093 USD/Month 367.093
Argentina Oct/23 377.047 USD/Month 337.057
Canada 2023 1959.256 USD/Month 1829.815
Ecuador 2023 450 USD/Month 425
Mexico Aug/23 243.779 USD/Month 243.779
Peru Aug/23 267.422 USD/Month 267.422
United States 2022 1160 USD/Month 1160
Venezuela Jan/23 13000000 USD/Month 13000000
Cape Verde 2023 125.09 USD/Month 125.09

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Venezuela Wages 2024 | Minimum & Average | Take-profit.org (2024)
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