Key Facts: Gabon vs Venezuela Wages
- Gabon Minimum Wage
- FCFA865.38/hr ($1.55 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Gabon Avg. Gross Monthly Salary
- FCFA555,000 /mo ($996.41 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Ministry of Labour, Employment and Vocational Training / Labour Code of Gabon (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)
Gabon 
Venezuela
Updated 2026-05-04
The minimum wage in Gabon is roughly 83 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: $996/mo in Gabon versus $14/mo in Venezuela, a 72.7:1 ratio. Venezuela has the tighter labor market, with unemployment at 5.3% compared to 20.1%.
Gabon's unemployment rate is 20.1% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Gabon | Venezuela |
|---|---|---|
| Minimum wage /hr | FCFA865.38 $1.55 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | FCFA150,000 $269.30 | Bs.D130 $3.56 |
| Minimum wage /yr | FCFA1,800,000 $3,231.60 | — |
| Avg. gross salary /mo | FCFA555,000 /mo $996.41 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | FCFA430,000 /mo $771.99 | N/A/mo |
| Median individual income /yr | FCFA2,400,000 /yr $4,308.80 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Gabon is higher.
Work Week
- Gabon
-
40 hrs/wk standard
Max 60 hrs/wk
Overtime : 1.25x pay
Standard workweek is 40 hours (8 hours/day, 5 days). Overtime capped at 20 hours/week, permitted only for exceptional, urgent, or seasonal work. Weekday overtime at 125% of normal rate; Sundays/public holidays at 150-200%. Employees entitled to 10 consecutive hours of daily rest and one full day of weekly rest (usually Sunday). Governed by the Labour Code (Code du Travail).
- 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 Gabon would see a 8239% increase in USD-equivalent hourly earnings.
See this comparison from Venezuela's perspective: Venezuela vs Gabon
Compare Gabon with...
Gabon vs United States $ 7.25 /hr 
Gabon vs China ¥ 25 /hr 
Gabon vs Germany € 13.9 /hr 
Gabon vs United Kingdom £ 12.71 /hr 
Gabon vs India ₹ 4,576 /mo 
Gabon vs Japan ¥ 1,121 /hr 
Gabon vs France € 12.02 /hr 
Gabon vs South Korea ₩ 10,320 /hr 
Gabon vs Canada C$ 18.1 /hr 
Gabon vs Australia A$ 24.95 /hr 
Gabon vs Brazil R$ 7.37 /hr 
Gabon vs Russia ₽ 156.31 /hr 
Gabon vs Mexico MX$ 9,583.52 /mo 
Gabon vs Indonesia Rp 33,058 /hr 
Gabon vs Netherlands € 14.71 /hr 
Gabon vs Saudi Arabia ﷼ 23.08 /hr 
Gabon vs Turkey ₺ 164.94 /hr 
Gabon vs Taiwan NT$ 190 /hr 
Gabon vs Switzerland 
Gabon vs Poland zł 31.4 /hr 
Gabon vs Thailand ฿ 10,400 /mo 
Gabon vs Sweden 
Gabon vs Argentina ARS 1,762 /hr 
Gabon vs Singapore Frequently Asked Questions
Is the minimum wage higher in Gabon or Venezuela?
In Gabon, the minimum wage is FCFA865.38/hr ($1.55 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Gabon has the higher rate by 8239% 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 Gabon compared to Venezuela?
The average gross salary in Gabon is FCFA555,000/mo ($996.41 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Gabon earn approximately 7174% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Gabon and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Gabon earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Gabon and Venezuela?
Both Gabon 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.