Key Facts: Dominican Republic vs Venezuela Wages
- Dominican Republic Minimum Wage
- RD$91.30/hr ($1.50 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Dominican Republic Avg. Gross Monthly Salary
- RD$32,000 /mo ($526.32 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Ministerio de Trabajo — República Dominicana (2026-02-24), 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)
Dominican Republic
Venezuela
Updated 2026-05-04
The minimum wage in the Dominican Republic is roughly 81 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: $526/mo in the Dominican Republic versus $14/mo in Venezuela, a 38.4:1 ratio.
The Dominican Republic's unemployment rate is 5.1% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Dominican Republic | Venezuela |
|---|---|---|
| Minimum wage /hr | RD$91.30 $1.50 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | RD$21,000 $345.39 | Bs.D130 $3.56 |
| Minimum wage /yr | RD$273,000 $4,490.13 | — |
| Avg. gross salary /mo | RD$32,000 /mo $526.32 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | RD$28,480 /mo $468.42 | N/A/mo |
| Median individual income /yr | RD$204,000 /yr $3,355.26 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Dominican Republic is higher.
Work Week
- Dominican Republic
-
44 hrs/wk standard
Max 44 hrs/wk
Overtime : 1.35x pay
Código de Trabajo (Labour Code) sets the standard workweek at 44 hours and workday at 8 hours. Night work (6pm-6am) maximum 36 hours/week. Mixed shifts maximum 40 hours/week. Overtime paid at 35% premium for the first 68 hours/month (beyond the standard 44-hour week), and 100% premium thereafter. Sunday and holiday work paid at double the regular rate.
- 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 the Dominican Republic would see a 7960% increase in USD-equivalent hourly earnings. Standard work weeks differ: the Dominican Republic mandates 44 hours while Venezuela mandates 40 hours. A minimum wage worker's weekly earnings in the Dominican Republic are $66 vs $1 in Venezuela.
See this comparison from Venezuela's perspective: Venezuela vs Dominican Republic
Compare Dominican Republic with...
Frequently Asked Questions
Is the minimum wage higher in Dominican Republic or Venezuela?
In the Dominican Republic, the minimum wage is RD$91.30/hr ($1.50 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Dominican Republic has the higher rate by 7960% 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 Dominican Republic compared to Venezuela?
The average gross salary in the Dominican Republic is RD$32,000/mo ($526.32 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in the Dominican Republic earn approximately 3742% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Dominican Republic and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in the Dominican Republic earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Dominican Republic and Venezuela?
Dominican Republic has a longer standard work week at 44 hours, compared to 40 hours in Venezuela. Workers in the Dominican Republic work 44 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.