Key Facts: Bulgaria vs Venezuela Wages
- Bulgaria Minimum Wage
- лв7.30/hr ($4.40 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Bulgaria Avg. Gross Monthly Salary
- лв2,200 /mo ($1,325.30 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Ministry of Labour and Social Policy; 2026 figure verified via Wikipedia EU member states by minimum wage table (eff 2026-01-01) (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)
Bulgaria 
Venezuela
Updated 2026-05-04
The minimum wage in Bulgaria is roughly 236 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: $1,325/mo in Bulgaria versus $14/mo in Venezuela, a 96.7:1 ratio.
Bulgaria's unemployment rate is 3.5% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Bulgaria | Venezuela |
|---|---|---|
| Minimum wage /hr | лв7.30 $4.40 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | лв1,213 $730.72 | Bs.D130 $3.56 |
| Minimum wage /yr | лв14,556 $8,768.67 | — |
| Avg. gross salary /mo | лв2,200 /mo $1,325.30 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | лв1,720 /mo $1,036.14 | N/A/mo |
| Median individual income /yr | лв14,400 /yr $8,674.70 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Bulgaria is higher.
Work Week
- Bulgaria
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Standard workweek is 40 hours over 5 days. Overtime premium: 50% for weekdays, 75% for weekends, 100% for public holidays. Annual overtime limit of 150 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 Bulgaria would see a 23505% increase in USD-equivalent hourly earnings.
See this comparison from Venezuela's perspective: Venezuela vs Bulgaria
Compare Bulgaria with...
Bulgaria vs United States $ 7.25 /hr 
Bulgaria vs China ¥ 25 /hr 
Bulgaria vs Germany € 13.9 /hr 
Bulgaria vs United Kingdom £ 12.71 /hr 
Bulgaria vs India ₹ 4,576 /mo 
Bulgaria vs Japan ¥ 1,121 /hr 
Bulgaria vs France € 12.02 /hr 
Bulgaria vs South Korea ₩ 10,320 /hr 
Bulgaria vs Canada C$ 18.1 /hr 
Bulgaria vs Australia A$ 24.95 /hr 
Bulgaria vs Brazil R$ 7.37 /hr 
Bulgaria vs Russia ₽ 156.31 /hr 
Bulgaria vs Mexico MX$ 9,583.52 /mo 
Bulgaria vs Indonesia Rp 33,058 /hr 
Bulgaria vs Netherlands € 14.71 /hr 
Bulgaria vs Saudi Arabia ﷼ 23.08 /hr 
Bulgaria vs Turkey ₺ 164.94 /hr 
Bulgaria vs Taiwan NT$ 190 /hr 
Bulgaria vs Switzerland 
Bulgaria vs Poland zł 31.4 /hr 
Bulgaria vs Thailand ฿ 10,400 /mo 
Bulgaria vs Sweden 
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Bulgaria vs Singapore Frequently Asked Questions
Is the minimum wage higher in Bulgaria or Venezuela?
In Bulgaria, the minimum wage is лв7.30/hr ($4.40 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Bulgaria has the higher rate by 23505% 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 Bulgaria compared to Venezuela?
The average gross salary in Bulgaria is лв2,200/mo ($1,325.30 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Bulgaria earn approximately 9575% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Bulgaria and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Bulgaria earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Bulgaria and Venezuela?
Both Bulgaria 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.