Key Facts: Georgia vs Venezuela Wages
- Georgia Minimum Wage
- ₾0.12/hr ($0.04 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Georgia Avg. Gross Monthly Salary
- ₾2,270 /mo ($850.19 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- National Statistics Office of Georgia (Geostat) (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)
Georgia 
Venezuela
Updated 2026-05-04
The minimum wage in Georgia is 141% higher than in Venezuela when converted to USD. Average gross salaries diverge further: $850/mo in Georgia versus $14/mo in Venezuela, a 62.1:1 ratio. Venezuela has the tighter labor market, with unemployment at 5.3% compared to 12.1%.
Georgia's unemployment rate is 12.1% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Georgia | Venezuela |
|---|---|---|
| Minimum wage /hr | ₾0.12 $0.04 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | ₾20 $7.49 | Bs.D130 $3.56 |
| Minimum wage /yr | ₾240 $89.89 | — |
| Avg. gross salary /mo | ₾2,270 /mo $850.19 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | ₾1,816 /mo $680.15 | N/A/mo |
| Median individual income /yr | ₾12,000 /yr $4,494.38 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Georgia is higher.
Work Week
- Georgia
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.25x pay
Labour Code sets standard workweek at 40 hours (2024 reform reduced from 48). Some sectors permit 48 hours with government approval. Overtime premium at least 25%. Night work (22:00-06:00) premium at least 20%. The 2024 labour code amendments strengthened overtime protections.
- Venezuela
-
40 hrs/wk standard
Max 44 hrs/wk
Overtime : 1.5x pay
Organic Labour Law (LOTTT) of 2012 sets the standard workweek at 40 hours (8 hours/day, 5 days). Certain sectors may work up to 44 hours/week. Overtime is limited to 100 hours/year and paid at a premium of at least 50%. Night work (7pm–5am) carries a 30% premium. Workers are entitled to 2 years advance notice before termination — the LOTTT provides extremely strong job security provisions. Saturday is often worked in practice in commerce/industry.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker moving from Venezuela to Georgia would see a 141% increase in USD-equivalent hourly earnings.
See this comparison from Venezuela's perspective: Venezuela vs Georgia
Compare Georgia with...
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Georgia vs China ¥ 25 /hr 
Georgia vs Germany € 13.9 /hr 
Georgia vs United Kingdom £ 12.71 /hr 
Georgia vs India ₹ 4,576 /mo 
Georgia vs Japan ¥ 1,121 /hr 
Georgia vs France € 12.02 /hr 
Georgia vs South Korea ₩ 10,320 /hr 
Georgia vs Canada C$ 18.1 /hr 
Georgia vs Australia A$ 24.95 /hr 
Georgia vs Brazil R$ 7.37 /hr 
Georgia vs Russia ₽ 156.31 /hr 
Georgia vs Mexico MX$ 9,583.52 /mo 
Georgia vs Indonesia Rp 33,058 /hr 
Georgia vs Netherlands € 14.71 /hr 
Georgia vs Saudi Arabia ﷼ 23.08 /hr 
Georgia vs Turkey ₺ 164.94 /hr 
Georgia vs Taiwan NT$ 190 /hr 
Georgia vs Switzerland 
Georgia vs Poland zł 31.4 /hr 
Georgia vs Thailand ฿ 10,400 /mo 
Georgia vs Sweden 
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Georgia vs Singapore Frequently Asked Questions
Is the minimum wage higher in Georgia or Venezuela?
In Georgia, the minimum wage is ₾0.12/hr ($0.04 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Georgia has the higher rate by 141% 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 Georgia compared to Venezuela?
The average gross salary in Georgia is ₾2,270/mo ($850.19 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Georgia earn approximately 6106% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Georgia and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Georgia earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Georgia and Venezuela?
Both Georgia 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.