Key Facts: Hong Kong vs Venezuela Wages
- Hong Kong Minimum Wage
- HK$42.10/hr ($5.37 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Hong Kong Avg. Gross Monthly Salary
- HK$20,500 /mo ($2,615.76 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Minimum Wage Commission / Census and Statistics Department, HKSAR; current rate verified via Wikipedia List of countries by minimum wage (eff 2025-05-01) (2026-05-04), 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)
Hong Kong 
Venezuela
Updated 2026-05-04
The minimum wage in Hong Kong is roughly 288 times higher than in Venezuela in USD terms, reflecting the gap between a high-income and a upper-middle-income economy. Average gross salaries diverge further: $2,616/mo in Hong Kong versus $14/mo in Venezuela, a 191.0:1 ratio. Hong Kong has the tighter labor market, with unemployment at 2.8% compared to 5.3%.
Hong Kong's unemployment rate is 2.8% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Hong Kong | Venezuela |
|---|---|---|
| Minimum wage /hr | HK$42.10 $5.37 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | HK$7,297 $931.08 | Bs.D130 $3.56 |
| Minimum wage /yr | HK$87,568 $11,173.52 | — |
| Avg. gross salary /mo | HK$20,500 /mo $2,615.76 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | HK$19,475 /mo $2,484.98 | N/A/mo |
| Median individual income /yr | HK$246,000 /yr $31,389.16 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Hong Kong is higher.
Work Week
- Hong Kong
-
hrs/wk standard
Hong Kong has NO statutory standard working hours or maximum working hours for most employees (a rare situation globally). The government has considered legislation but has not enacted a standard hours law. Working hours are determined by individual employment contracts. Average actual working hours are ~40-44 hrs/week. Overtime pay is not legally mandated except for certain specific occupations.
- 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 Hong Kong would see a 28734% increase in USD-equivalent hourly earnings.
See this comparison from Venezuela's perspective: Venezuela vs Hong Kong
Compare Hong Kong with...
Hong Kong vs United States $ 7.25 /hr 
Hong Kong vs China ¥ 25 /hr 
Hong Kong vs Germany € 13.9 /hr 
Hong Kong vs United Kingdom £ 12.71 /hr 
Hong Kong vs India ₹ 4,576 /mo 
Hong Kong vs Japan ¥ 1,121 /hr 
Hong Kong vs France € 12.02 /hr 
Hong Kong vs South Korea ₩ 10,320 /hr 
Hong Kong vs Canada C$ 18.1 /hr 
Hong Kong vs Australia A$ 24.95 /hr 
Hong Kong vs Brazil R$ 7.37 /hr 
Hong Kong vs Russia ₽ 156.31 /hr 
Hong Kong vs Mexico MX$ 9,583.52 /mo 
Hong Kong vs Indonesia Rp 33,058 /hr 
Hong Kong vs Netherlands € 14.71 /hr 
Hong Kong vs Saudi Arabia ﷼ 23.08 /hr 
Hong Kong vs Turkey ₺ 164.94 /hr 
Hong Kong vs Taiwan NT$ 190 /hr 
Hong Kong vs Switzerland 
Hong Kong vs Poland zł 31.4 /hr 
Hong Kong vs Thailand ฿ 10,400 /mo 
Hong Kong vs Sweden 
Hong Kong vs Argentina ARS 1,762 /hr 
Hong Kong vs Singapore Frequently Asked Questions
Is the minimum wage higher in Hong Kong or Venezuela?
In Hong Kong, the minimum wage is HK$42.10/hr ($5.37 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Hong Kong has the higher rate by 28734% 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 Hong Kong compared to Venezuela?
The average gross salary in Hong Kong is HK$20,500/mo ($2,615.76 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Hong Kong earn approximately 18995% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Hong Kong and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Hong Kong earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.