Key Facts: Argentina vs Venezuela Wages
- Argentina Minimum Wage
- ARS1,762/hr ($1.64 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Argentina Avg. Gross Monthly Salary
- ARS850,000 /mo ($792.91 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Consejo Nacional del Empleo, la Productividad y el Salario Mínimo, Vital y Móvil — verified directly via argentina.gob.ar/trabajo/consejodelsalario (primary source) (2026-05-04), 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)
Argentina 
Venezuela
Updated 2026-05-04
The minimum wage in Argentina is roughly 88 times higher than in Venezuela in USD terms, reflecting the gap between a upper-middle-income and a upper-middle-income economy. Average gross salaries diverge further: $793/mo in Argentina versus $14/mo in Venezuela, a 57.9:1 ratio.
Argentina's unemployment rate is 7.2% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Argentina | Venezuela |
|---|---|---|
| Minimum wage /hr | ARS1,762 $1.64 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | ARS352,400 $328.73 | Bs.D130 $3.56 |
| Minimum wage /yr | ARS4,581,200 $4,273.51 | — |
| Avg. gross salary /mo | ARS850,000 /mo $792.91 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | ARS700,000 /mo $652.99 | N/A/mo |
| Median individual income /yr | ARS5,400,000 /yr $5,037.31 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Argentina is higher.
Work Week
- Argentina
-
48 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Legal maximum of 48 hours/week (8 hours/day for daytime work). Overtime on regular days is 50% premium; Saturdays after 1pm, Sundays and holidays: 100% premium.
- 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 Argentina would see a 8723% increase in USD-equivalent hourly earnings. Standard work weeks differ: Argentina mandates 48 hours while Venezuela mandates 40 hours. A minimum wage worker's weekly earnings in Argentina are $79 vs $1 in Venezuela.
See this comparison from Venezuela's perspective: Venezuela vs Argentina
Compare Argentina with...
Argentina vs United States $ 7.25 /hr 
Argentina vs China ¥ 25 /hr 
Argentina vs Germany € 13.9 /hr 
Argentina vs United Kingdom £ 12.71 /hr 
Argentina vs India ₹ 4,576 /mo 
Argentina vs Japan ¥ 1,121 /hr 
Argentina vs France € 12.02 /hr 
Argentina vs South Korea ₩ 10,320 /hr 
Argentina vs Canada C$ 18.1 /hr 
Argentina vs Australia A$ 24.95 /hr 
Argentina vs Brazil R$ 7.37 /hr 
Argentina vs Russia ₽ 156.31 /hr 
Argentina vs Mexico MX$ 9,583.52 /mo 
Argentina vs Indonesia Rp 33,058 /hr 
Argentina vs Netherlands € 14.71 /hr 
Argentina vs Saudi Arabia ﷼ 23.08 /hr 
Argentina vs Turkey ₺ 164.94 /hr 
Argentina vs Taiwan NT$ 190 /hr 
Argentina vs Switzerland 
Argentina vs Poland zł 31.4 /hr 
Argentina vs Thailand ฿ 10,400 /mo 
Argentina vs Sweden 
Argentina vs Singapore 
Argentina vs Norway Frequently Asked Questions
Is the minimum wage higher in Argentina or Venezuela?
In Argentina, the minimum wage is ARS1,762/hr ($1.64 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Argentina has the higher rate by 8723% 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 Argentina compared to Venezuela?
The average gross salary in Argentina is ARS850,000/mo ($792.91 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Argentina earn approximately 5688% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Argentina and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Argentina earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Argentina and Venezuela?
Argentina has a longer standard work week at 48 hours, compared to 40 hours in Venezuela. Workers in Argentina work 48 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Venezuela working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.