Key Facts: Burkina Faso vs Venezuela Wages
- Burkina Faso Minimum Wage
- CFA259.62/hr ($0.47 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Burkina Faso Avg. Gross Monthly Salary
- CFA89,000 /mo ($159.78 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Ministere du Travail (Ministry of Labour) / Decree No. 2023-1450 (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)
Burkina Faso 
Venezuela
Updated 2026-05-04
The minimum wage in Burkina Faso is roughly 25 times higher than in Venezuela in USD terms, reflecting the gap between a low-income and a upper-middle-income economy. Average gross salaries diverge further: $160/mo in Burkina Faso versus $14/mo in Venezuela, a 11.7:1 ratio.
Burkina Faso's unemployment rate is 3.5% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Burkina Faso | Venezuela |
|---|---|---|
| Minimum wage /hr | CFA259.62 $0.47 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | CFA45,000 $80.79 | Bs.D130 $3.56 |
| Minimum wage /yr | CFA540,000 $969.48 | — |
| Avg. gross salary /mo | CFA89,000 /mo $159.78 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | CFA75,000 /mo $134.65 | N/A/mo |
| Median individual income /yr | CFA360,000 /yr $646.32 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Burkina Faso is higher.
Work Week
- Burkina Faso
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.15x pay
Standard workweek is 40 hours (8 hours/day, Monday-Friday). First 8 overtime hours paid at 115% of normal rate; subsequent hours at 135%. Nighttime overtime earns 150% premium. Work on Sundays/public holidays at 160% (nighttime: 220%).
- 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 Burkina Faso would see a 2402% increase in USD-equivalent hourly earnings.
See this comparison from Venezuela's perspective: Venezuela vs Burkina Faso
Compare Burkina Faso with...
Burkina Faso vs United States $ 7.25 /hr 
Burkina Faso vs China ¥ 25 /hr 
Burkina Faso vs Germany € 13.9 /hr 
Burkina Faso vs United Kingdom £ 12.71 /hr 
Burkina Faso vs India ₹ 4,576 /mo 
Burkina Faso vs Japan ¥ 1,121 /hr 
Burkina Faso vs France € 12.02 /hr 
Burkina Faso vs South Korea ₩ 10,320 /hr 
Burkina Faso vs Canada C$ 18.1 /hr 
Burkina Faso vs Australia A$ 24.95 /hr 
Burkina Faso vs Brazil R$ 7.37 /hr 
Burkina Faso vs Russia ₽ 156.31 /hr 
Burkina Faso vs Mexico MX$ 9,583.52 /mo 
Burkina Faso vs Indonesia Rp 33,058 /hr 
Burkina Faso vs Netherlands € 14.71 /hr 
Burkina Faso vs Saudi Arabia ﷼ 23.08 /hr 
Burkina Faso vs Turkey ₺ 164.94 /hr 
Burkina Faso vs Taiwan NT$ 190 /hr 
Burkina Faso vs Switzerland 
Burkina Faso vs Poland zł 31.4 /hr 
Burkina Faso vs Thailand ฿ 10,400 /mo 
Burkina Faso vs Sweden 
Burkina Faso vs Argentina ARS 1,762 /hr 
Burkina Faso vs Singapore Frequently Asked Questions
Is the minimum wage higher in Burkina Faso or Venezuela?
In Burkina Faso, the minimum wage is CFA259.62/hr ($0.47 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Burkina Faso has the higher rate by 2402% 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 Burkina Faso compared to Venezuela?
The average gross salary in Burkina Faso is CFA89,000/mo ($159.78 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Burkina Faso earn approximately 1066% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Burkina Faso and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Burkina Faso earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Burkina Faso and Venezuela?
Both Burkina Faso 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.