Key Facts: Eswatini vs Venezuela Wages
- Eswatini Minimum Wage
- L2,500/mo ($156.15 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Eswatini Avg. Gross Monthly Salary
- L6,000 /mo ($374.77 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- ILO / Ministry of Labour and Social Security (Eswatini) / Wages Regulation Order (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)
Eswatini
Venezuela
Updated 2026-05-04
The minimum wage in Eswatini is roughly 8382 times higher than in Venezuela in USD terms, reflecting the gap between a lower-middle-income and a upper-middle-income economy. Average gross salaries diverge further: $375/mo in Eswatini versus $14/mo in Venezuela, a 27.4:1 ratio. Venezuela has the tighter labor market, with unemployment at 5.3% compared to 34.2%.
Eswatini's unemployment rate is 34.2% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Eswatini | Venezuela |
|---|---|---|
| Minimum wage /hr | — | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | L2,500 $156.15 | Bs.D130 $3.56 |
| Avg. gross salary /mo | L6,000 /mo $374.77 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | L5,000 /mo $312.30 | N/A/mo |
| Median individual income /yr | L24,000 /yr $1,499.06 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Eswatini is higher.
Work Week
- Eswatini
-
48 hrs/wk standard
Max 54 hrs/wk
Overtime : 1.5x pay
Employment Act sets standard at 48 hours/week (8 hrs/day, 6 days). Maximum 54 hours per week including overtime. Overtime paid at 1.5x the normal rate. Sunday and public holidays compensated at 2x. Employees are entitled to 14 days paid annual leave.
- 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 Eswatini would see a 838071% increase in USD-equivalent hourly earnings. Standard work weeks differ: Eswatini mandates 48 hours while Venezuela mandates 40 hours. A minimum wage worker's weekly earnings in Eswatini are $7,495 vs $1 in Venezuela.
See this comparison from Venezuela's perspective: Venezuela vs Eswatini
Compare Eswatini with...
Frequently Asked Questions
Is the minimum wage higher in Eswatini or Venezuela?
In Eswatini, the minimum wage is L2,500/mo ($156.15 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Eswatini has the higher rate by 838071% 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 Eswatini compared to Venezuela?
The average gross salary in Eswatini is L6,000/mo ($374.77 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Eswatini earn approximately 2636% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Eswatini and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Eswatini earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Eswatini and Venezuela?
Eswatini has a longer standard work week at 48 hours, compared to 40 hours in Venezuela. Workers in Eswatini work 48 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.