Skip to main content

Key Facts: Bhutan vs Venezuela Wages

Bhutan Minimum Wage
Nu3,250/mo ($35.75 USD)
Venezuela Minimum Wage
Bs.D0.68/hr ($0.02 USD)
Bhutan Avg. Gross Monthly Salary
Nu18,000 /mo ($198.02 USD)
Venezuela Avg. Gross Monthly Salary
Bs.D500 /mo ($13.70 USD)
Data Sources
Ministry of Industry, Commerce and Employment — Royal Government of Bhutan / ILO (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)

Bhutan flag Bhutan Venezuela flag Venezuela

Updated 2026-05-04

Bhutan flag Bhutan

Minimum Wage

Nu3,250 /mo

$35.75 USD

Avg. Gross Salary

Nu18,000 /mo

Venezuela flag Venezuela

Minimum Wage

Bs.D0.68 /hr

$0.02 USD

Avg. Gross Salary

Bs.D500 /mo

Min wage: +191813% Bhutan vs Venezuela Avg. salary: +1346% Bhutan vs Venezuela

The minimum wage in Bhutan is roughly 1919 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: $198/mo in Bhutan versus $14/mo in Venezuela, a 14.5:1 ratio. Bhutan has the tighter labor market, with unemployment at 3.2% compared to 5.3%.

Bhutan's unemployment rate is 3.2% compared to Venezuela's 5.3%.

Detailed Comparison

Detailed wage comparison between Bhutan and Venezuela
Metric Bhutan Venezuela
Minimum wage /hr Bs.D0.68 $0.02
Minimum wage /day Nu125 $1.38 Bs.D5.42 $0.15
Minimum wage /mo Nu3,250 $35.75 Bs.D130 $3.56
Minimum wage /yr Nu39,000 $429.04
Avg. gross salary /mo Nu18,000 /mo $198.02 Bs.D500 /mo $13.70
Avg. net salary /mo Nu16,000 /mo $176.02 N/A/mo
Median individual income /yr Nu72,000 /yr $792.08 N/A/yr

Percentage differences are based on USD equivalent values. Positive means Bhutan is higher.

Work Week

Bhutan

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Bhutan Labour and Employment Act 2007 sets a 40-hour standard workweek (8 hours/day, 5 days). Maximum including overtime is 48 hours. Overtime is paid at 1.5x the regular rate. The public sector follows a 5-day, 8-hour schedule.

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.

What This Means for Workers

A minimum wage worker moving from Venezuela to Bhutan would see a 191813% increase in USD-equivalent hourly earnings.

See this comparison from Venezuela's perspective: Venezuela vs Bhutan

Compare Bhutan with...

Frequently Asked Questions

Is the minimum wage higher in Bhutan or Venezuela?

In Bhutan, the minimum wage is Nu3,250/mo ($35.75 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Bhutan has the higher rate by 191813% 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 Bhutan compared to Venezuela?

The average gross salary in Bhutan is Nu18,000/mo ($198.02 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Bhutan earn approximately 1346% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Bhutan and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Bhutan earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.

How do work hours compare between Bhutan and Venezuela?

Both Bhutan 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.