Key Facts: Honduras vs Venezuela Wages
- Honduras Minimum Wage
- L50.80/hr ($1.92 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Honduras Avg. Gross Monthly Salary
- L18,265 /mo ($688.73 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Secretaría de Trabajo y Seguridad Social (STSS) — Honduras (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)
Honduras 
Venezuela
Updated 2026-05-04
The minimum wage in Honduras is roughly 103 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: $689/mo in Honduras versus $14/mo in Venezuela, a 50.3:1 ratio.
Honduras' unemployment rate is 4.9% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Honduras | Venezuela |
|---|---|---|
| Minimum wage /hr | L50.80 $1.92 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | L12,191.70 $459.72 | Bs.D130 $3.56 |
| Minimum wage /yr | L158,492.10 $5,976.32 | — |
| Avg. gross salary /mo | L18,265 /mo $688.73 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | L15,500 /mo $584.46 | N/A/mo |
| Median individual income /yr | L108,000 /yr $4,072.40 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Honduras is higher.
Work Week
- Honduras
-
44 hrs/wk standard
Max 44 hrs/wk
Overtime : 1.5x pay
Labour Code sets maximum at 44 hours/week for daytime work (8 hours/day, 6 days). Nighttime shifts max at 36 hours/week (6 hours/day). Mixed shifts at 42 hours/week (7 hours/day). Overtime paid at 1.5x the normal 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 Honduras would see a 10182% increase in USD-equivalent hourly earnings. Standard work weeks differ: Honduras mandates 44 hours while Venezuela mandates 40 hours. A minimum wage worker's weekly earnings in Honduras are $84 vs $1 in Venezuela.
See this comparison from Venezuela's perspective: Venezuela vs Honduras
Compare Honduras with...
Honduras vs United States $ 7.25 /hr 
Honduras vs China ¥ 25 /hr 
Honduras vs Germany € 13.9 /hr 
Honduras vs United Kingdom £ 12.71 /hr 
Honduras vs India ₹ 4,576 /mo 
Honduras vs Japan ¥ 1,121 /hr 
Honduras vs France € 12.02 /hr 
Honduras vs South Korea ₩ 10,320 /hr 
Honduras vs Canada C$ 18.1 /hr 
Honduras vs Australia A$ 24.95 /hr 
Honduras vs Brazil R$ 7.37 /hr 
Honduras vs Russia ₽ 156.31 /hr 
Honduras vs Mexico MX$ 9,583.52 /mo 
Honduras vs Indonesia Rp 33,058 /hr 
Honduras vs Netherlands € 14.71 /hr 
Honduras vs Saudi Arabia ﷼ 23.08 /hr 
Honduras vs Turkey ₺ 164.94 /hr 
Honduras vs Taiwan NT$ 190 /hr 
Honduras vs Switzerland 
Honduras vs Poland zł 31.4 /hr 
Honduras vs Thailand ฿ 10,400 /mo 
Honduras vs Sweden 
Honduras vs Argentina ARS 1,762 /hr 
Honduras vs Singapore Frequently Asked Questions
Is the minimum wage higher in Honduras or Venezuela?
In Honduras, the minimum wage is L50.80/hr ($1.92 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Honduras has the higher rate by 10182% 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 Honduras compared to Venezuela?
The average gross salary in Honduras is L18,265/mo ($688.73 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Honduras earn approximately 4928% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Honduras and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Honduras earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Honduras and Venezuela?
Honduras has a longer standard work week at 44 hours, compared to 40 hours in Venezuela. Workers in Honduras 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.