Key Facts: China vs Venezuela Wages
- China Minimum Wage
- ¥25/hr ($3.68 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- China Avg. Gross Monthly Salary
- ¥10,343 /mo ($1,522.26 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Ministry of Human Resources and Social Security (MOHRSS); regional rates verified via china-briefing.com aggregator (April 2026) (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)
China
Venezuela
Updated 2026-05-04
The minimum wage in China is roughly 197 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: $1,522/mo in China versus $14/mo in Venezuela, a 111.1:1 ratio.
China's unemployment rate is 4.6% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | China | Venezuela |
|---|---|---|
| Minimum wage /hr | ¥25 $3.68 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | ¥2,740 $403.27 | Bs.D130 $3.56 |
| Minimum wage /yr | ¥32,880 $4,839.21 | — |
| Avg. gross salary /mo | ¥10,343 /mo $1,522.26 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | ¥8,274 /mo $1,217.75 | N/A/mo |
| Median individual income /yr | ¥34,707 /yr $5,108.10 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means China is higher.
Work Week
- China
-
40 hrs/wk standard
Max 44 hrs/wk
Overtime : 1.5x pay
Labour Law sets 40 hours/week standard (8 hrs/day, 5 days). Overtime limited to 36 hours/month. Weekday overtime: 150%, rest day overtime: 200%, statutory holiday overtime: 300%. The '996' culture (9am-9pm, 6 days/week) is widespread in tech but was ruled illegal by the Supreme People's Court in 2021.
- 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 China would see a 19650% increase in USD-equivalent hourly earnings.
See this comparison from Venezuela's perspective: Venezuela vs China
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Frequently Asked Questions
Is the minimum wage higher in China or Venezuela?
In China, the minimum wage is ¥25/hr ($3.68 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). China has the higher rate by 19650% 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 China compared to Venezuela?
The average gross salary in China is ¥10,343/mo ($1,522.26 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in China earn approximately 11013% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between China and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in China earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between China and Venezuela?
Both China 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.