Key Facts: Gambia vs Venezuela Wages
- Gambia Minimum Wage
- D1,300/mo ($17.53 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Gambia Avg. Gross Monthly Salary
- D8,000 /mo ($107.90 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- ILO ILOSTAT / Gambia Bureau of Statistics / Department of Labour (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)
Gambia 
Venezuela
Updated 2026-05-04
The minimum wage in the Gambia is roughly 941 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: $108/mo in the Gambia versus $14/mo in Venezuela, a 7.9:1 ratio.
The Gambia's unemployment rate is 6.5% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Gambia | Venezuela |
|---|---|---|
| Minimum wage /hr | — | Bs.D0.68 $0.02 |
| Minimum wage /day | D50 $0.67 | Bs.D5.42 $0.15 |
| Minimum wage /mo | D1,300 $17.53 | Bs.D130 $3.56 |
| Avg. gross salary /mo | D8,000 /mo $107.90 | Bs.D500 /mo $13.70 |
Percentage differences are based on USD equivalent values. Positive means Gambia is higher.
Work Week
- Gambia
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Labour Act 2007 sets a 40-hour standard working week (8 hours/day, 5 days). Overtime is payable at 1.5x for weekdays and 2x for Sundays and public holidays.
- 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 the Gambia would see a 94018% increase in USD-equivalent hourly earnings.
See this comparison from Venezuela's perspective: Venezuela vs Gambia
Compare Gambia with...
Gambia vs United States $ 7.25 /hr 
Gambia vs China ¥ 25 /hr 
Gambia vs Germany € 13.9 /hr 
Gambia vs United Kingdom £ 12.71 /hr 
Gambia vs India ₹ 4,576 /mo 
Gambia vs Japan ¥ 1,121 /hr 
Gambia vs France € 12.02 /hr 
Gambia vs South Korea ₩ 10,320 /hr 
Gambia vs Canada C$ 18.1 /hr 
Gambia vs Australia A$ 24.95 /hr 
Gambia vs Brazil R$ 7.37 /hr 
Gambia vs Russia ₽ 156.31 /hr 
Gambia vs Mexico MX$ 9,583.52 /mo 
Gambia vs Indonesia Rp 33,058 /hr 
Gambia vs Netherlands € 14.71 /hr 
Gambia vs Saudi Arabia ﷼ 23.08 /hr 
Gambia vs Turkey ₺ 164.94 /hr 
Gambia vs Taiwan NT$ 190 /hr 
Gambia vs Switzerland 
Gambia vs Poland zł 31.4 /hr 
Gambia vs Thailand ฿ 10,400 /mo 
Gambia vs Sweden 
Gambia vs Argentina ARS 1,762 /hr 
Gambia vs Singapore Frequently Asked Questions
Is the minimum wage higher in Gambia or Venezuela?
In the Gambia, the minimum wage is D1,300/mo ($17.53 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Gambia has the higher rate by 94018% 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 Gambia compared to Venezuela?
The average gross salary in the Gambia is D8,000/mo ($107.90 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in the Gambia earn approximately 688% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Gambia and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in the Gambia earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Gambia and Venezuela?
Both Gambia 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.