Key Facts: Azerbaijan vs Venezuela Wages
- Azerbaijan Minimum Wage
- ₼2.30/hr ($1.35 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Azerbaijan Avg. Gross Monthly Salary
- ₼1,100 /mo ($647.06 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Ministry of Labour and Social Protection of Population of Azerbaijan (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)
Azerbaijan 
Venezuela
Updated 2026-05-04
The minimum wage in Azerbaijan is roughly 73 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: $647/mo in Azerbaijan versus $14/mo in Venezuela, a 47.2:1 ratio.
Azerbaijan's unemployment rate is 5.5% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Azerbaijan | Venezuela |
|---|---|---|
| Minimum wage /hr | ₼2.30 $1.35 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | ₼400 $235.29 | Bs.D130 $3.56 |
| Minimum wage /yr | ₼4,800 $2,823.53 | — |
| Avg. gross salary /mo | ₼1,100 /mo $647.06 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | ₼935 /mo $550 | N/A/mo |
| Median individual income /yr | ₼7,200 /yr $4,235.29 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Azerbaijan is higher.
Work Week
- Azerbaijan
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Labour Code sets standard workweek at 40 hours (8 hrs/day). Reduced hours (36 hrs/week) for hazardous occupations and workers under 18. Overtime limited to 4 hours per day, compensated at minimum 150% of regular rate. Night work premium at least 20%.
- 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 Azerbaijan would see a 7162% increase in USD-equivalent hourly earnings.
See this comparison from Venezuela's perspective: Venezuela vs Azerbaijan
Compare Azerbaijan with...
Azerbaijan vs United States $ 7.25 /hr 
Azerbaijan vs China ¥ 25 /hr 
Azerbaijan vs Germany € 13.9 /hr 
Azerbaijan vs United Kingdom £ 12.71 /hr 
Azerbaijan vs India ₹ 4,576 /mo 
Azerbaijan vs Japan ¥ 1,121 /hr 
Azerbaijan vs France € 12.02 /hr 
Azerbaijan vs South Korea ₩ 10,320 /hr 
Azerbaijan vs Canada C$ 18.1 /hr 
Azerbaijan vs Australia A$ 24.95 /hr 
Azerbaijan vs Brazil R$ 7.37 /hr 
Azerbaijan vs Russia ₽ 156.31 /hr 
Azerbaijan vs Mexico MX$ 9,583.52 /mo 
Azerbaijan vs Indonesia Rp 33,058 /hr 
Azerbaijan vs Netherlands € 14.71 /hr 
Azerbaijan vs Saudi Arabia ﷼ 23.08 /hr 
Azerbaijan vs Turkey ₺ 164.94 /hr 
Azerbaijan vs Taiwan NT$ 190 /hr 
Azerbaijan vs Switzerland 
Azerbaijan vs Poland zł 31.4 /hr 
Azerbaijan vs Thailand ฿ 10,400 /mo 
Azerbaijan vs Sweden 
Azerbaijan vs Argentina ARS 1,762 /hr 
Azerbaijan vs Singapore Frequently Asked Questions
Is the minimum wage higher in Azerbaijan or Venezuela?
In Azerbaijan, the minimum wage is ₼2.30/hr ($1.35 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Azerbaijan has the higher rate by 7162% 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 Azerbaijan compared to Venezuela?
The average gross salary in Azerbaijan is ₼1,100/mo ($647.06 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Azerbaijan earn approximately 4624% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Azerbaijan and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Azerbaijan earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Azerbaijan and Venezuela?
Both Azerbaijan 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.