Chad Venezuela

Updated 2026-05-04

Chad

Minimum Wage

FCFA60,000 /mo

$107.72 USD

Avg. Gross Salary

FCFA180,000 /mo

Venezuela

Minimum Wage

Bs.D0.68 /hr

$0.02 USD

Avg. Gross Salary

Bs.D500 /mo

Min wage: +578103% Chad vs Venezuela Avg. salary: +2259% Chad vs Venezuela

The minimum wage in Chad is roughly 5782 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: $323/mo in Chad versus $14/mo in Venezuela, a 23.6:1 ratio. Chad has the tighter labor market, with unemployment at 1.1% compared to 5.3%.

Chad's unemployment rate is 1.1% compared to Venezuela's 5.3%.

Detailed Comparison

Detailed wage comparison between Chad and Venezuela
Metric	Chad	Venezuela	Diff
Minimum wage /hr	—	Bs.D0.68 $0.02	—
Minimum wage /day	—	Bs.D5.42 $0.15	—
Minimum wage /mo	FCFA60,000 $107.72	Bs.D130 $3.56	+2924.4%
Avg. gross salary /mo	FCFA180,000 /mo $323.16	Bs.D500 /mo $13.70	+2259.1%
Median individual income /yr	FCFA180,000 /yr $323.16	N/A/yr	—

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

Work Week

Chad: 40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Labour Code sets standard at 40 hours/week in the formal sector. Overtime compensated at 1.5x. These provisions apply only to a narrow formal-sector workforce.
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 Chad would see a 578103% increase in USD-equivalent hourly earnings.

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

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Frequently Asked Questions

Is the minimum wage higher in Chad or Venezuela?

In Chad, the minimum wage is FCFA60,000/mo ($107.72 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Chad has the higher rate by 578103% 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 Chad compared to Venezuela?

The average gross salary in Chad is FCFA180,000/mo ($323.16 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Chad earn approximately 2259% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Chad and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Chad earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.

How do work hours compare between Chad and Venezuela?

Both Chad 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.