Key Facts: Botswana vs Venezuela Wages
- Botswana Minimum Wage
- P9.06/hr ($0.67 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Botswana Avg. Gross Monthly Salary
- P7,500 /mo ($555.14 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Ministry of Employment, Labour Productivity and Skills Development (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)
Botswana 
Venezuela
Updated 2026-05-04
The minimum wage in Botswana is roughly 36 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: $555/mo in Botswana versus $14/mo in Venezuela, a 40.5:1 ratio. Venezuela has the tighter labor market, with unemployment at 5.3% compared to 24.5%.
Botswana's unemployment rate is 24.5% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Botswana | Venezuela |
|---|---|---|
| Minimum wage /hr | P9.06 $0.67 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | P1,883 $139.38 | Bs.D130 $3.56 |
| Minimum wage /yr | P22,596 $1,672.54 | — |
| Avg. gross salary /mo | P7,500 /mo $555.14 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | P6,200 /mo $458.92 | N/A/mo |
| Median individual income /yr | P36,000 /yr $2,664.69 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Botswana is higher.
Work Week
- Botswana
-
48 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 48 hours (9 hours/day for 5-day week, or 8 hours/day for 6-day week). Overtime maximum of 14 additional hours per week. Overtime rate is 1.5x normal rate. Work on public holidays or rest days compensated at 2x.
- 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 Botswana would see a 3500% increase in USD-equivalent hourly earnings. Standard work weeks differ: Botswana mandates 48 hours while Venezuela mandates 40 hours. A minimum wage worker's weekly earnings in Botswana are $32 vs $1 in Venezuela.
See this comparison from Venezuela's perspective: Venezuela vs Botswana
Compare Botswana with...
Botswana vs United States $ 7.25 /hr 
Botswana vs China ¥ 25 /hr 
Botswana vs Germany € 13.9 /hr 
Botswana vs United Kingdom £ 12.71 /hr 
Botswana vs India ₹ 4,576 /mo 
Botswana vs Japan ¥ 1,121 /hr 
Botswana vs France € 12.02 /hr 
Botswana vs South Korea ₩ 10,320 /hr 
Botswana vs Canada C$ 18.1 /hr 
Botswana vs Australia A$ 24.95 /hr 
Botswana vs Brazil R$ 7.37 /hr 
Botswana vs Russia ₽ 156.31 /hr 
Botswana vs Mexico MX$ 9,583.52 /mo 
Botswana vs Indonesia Rp 33,058 /hr 
Botswana vs Netherlands € 14.71 /hr 
Botswana vs Saudi Arabia ﷼ 23.08 /hr 
Botswana vs Turkey ₺ 164.94 /hr 
Botswana vs Taiwan NT$ 190 /hr 
Botswana vs Switzerland 
Botswana vs Poland zł 31.4 /hr 
Botswana vs Thailand ฿ 10,400 /mo 
Botswana vs Sweden 
Botswana vs Argentina ARS 1,762 /hr 
Botswana vs Singapore Frequently Asked Questions
Is the minimum wage higher in Botswana or Venezuela?
In Botswana, the minimum wage is P9.06/hr ($0.67 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Botswana has the higher rate by 3500% 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 Botswana compared to Venezuela?
The average gross salary in Botswana is P7,500/mo ($555.14 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Botswana earn approximately 3953% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Botswana and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Botswana earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Botswana and Venezuela?
Botswana has a longer standard work week at 48 hours, compared to 40 hours in Venezuela. Workers in Botswana 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.