Key Facts: Algeria vs Venezuela Wages
- Algeria Minimum Wage
- DZD138.46/hr ($1.02 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Algeria Avg. Gross Monthly Salary
- DZD55,000 /mo ($405.90 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Council of Ministers / Ministère du Travail, de l'Emploi et de la Sécurité Sociale — Algeria (2026-02-25), Venezuelan Ministry of Labour (MINPPTRASS) / Decreto 4.653/2022 / Cendas-FVM. Confirmed: legal salario mínimo has been UNCHANGED at VES 130 since March 2022 (over 4 years frozen amid hyperinflation). Effective real income for workers is dominated by the 'ingreso integral' (bono de guerra económica + CESTATICKET food bonus), increased to USD 240/month effective 1 May 2026. (2026-05-04)
Algeria
Venezuela
Updated 2026-05-04
The minimum wage in Algeria is roughly 55 times higher than in Venezuela in USD terms, reflecting the gap between a lower-middle-income and a upper-middle-income economy. Average gross salaries diverge further: $406/mo in Algeria versus $14/mo in Venezuela, a 29.6:1 ratio. Venezuela has the tighter labor market, with unemployment at 5.3% compared to 11.6%.
Algeria's unemployment rate is 11.6% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Algeria | Venezuela |
|---|---|---|
| Minimum wage /hr | DZD138.46 $1.02 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | DZD24,000 $177.12 | Bs.D130 $3.56 |
| Minimum wage /yr | DZD288,000 $2,125.46 | — |
| Avg. gross salary /mo | DZD55,000 /mo $405.90 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | DZD43,000 /mo $317.34 | N/A/mo |
| Median individual income /yr | DZD300,000 /yr $2,214.02 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Algeria is higher.
Work Week
- Algeria
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Labour Law (Law 90-11) sets standard working hours at 40 per week for most sectors and 44 hours for certain sectors. Weekly rest is Friday and Saturday. Overtime paid at 150% of normal rate for first 4 hours and 200% for subsequent hours.
- Venezuela
-
40 hrs/wk standard
Max 44 hrs/wk
Overtime : 1.5x pay
Organic Labour Law (LOTTT) of 2012 sets the standard workweek at 40 hours (8 hours/day, 5 days). Certain sectors may work up to 44 hours/week. Overtime is limited to 100 hours/year and paid at a premium of at least 50%. Night work (7pm–5am) carries a 30% premium. Workers are entitled to 2 years advance notice before termination — the LOTTT provides extremely strong job security provisions. Saturday is often worked in practice in commerce/industry.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker moving from Venezuela to Algeria would see a 5385% increase in USD-equivalent hourly earnings.
See this comparison from Venezuela's perspective: Venezuela vs Algeria
Compare Algeria with...
Frequently Asked Questions
Is the minimum wage higher in Algeria or Venezuela?
In Algeria, the minimum wage is DZD138.46/hr ($1.02 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Algeria has the higher rate by 5385% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in Venezuela may retain a larger share of their earnings if prices there are lower.
How much more does the average worker earn in Algeria compared to Venezuela?
The average gross salary in Algeria is DZD55,000/mo ($405.90 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Algeria earn approximately 2863% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Algeria and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Algeria earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Algeria and Venezuela?
Both Algeria and Venezuela 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.