Key Facts: Kazakhstan vs Venezuela Wages
- Kazakhstan Minimum Wage
- ₸496/hr ($1.05 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Kazakhstan Avg. Gross Monthly Salary
- ₸380,000 /mo ($805.08 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Ministry of Labour and Social Protection of the Population; 2024 figure of KZT 85,000/mo confirmed current per Republican Budget Law; 2025 and 2026 figures need primary source verification next session (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)
Kazakhstan
Venezuela
Updated 2026-05-04
The minimum wage in Kazakhstan is roughly 56 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: $805/mo in Kazakhstan versus $14/mo in Venezuela, a 58.8:1 ratio.
Kazakhstan's unemployment rate is 4.8% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Kazakhstan | Venezuela |
|---|---|---|
| Minimum wage /hr | ₸496 $1.05 | Bs.D0.68 $0.02 |
| Minimum wage /day | ₸2,833 $6.00 | Bs.D5.42 $0.15 |
| Minimum wage /mo | ₸85,000 $180.08 | Bs.D130 $3.56 |
| Minimum wage /yr | ₸1,020,000 $2,161.02 | — |
| Avg. gross salary /mo | ₸380,000 /mo $805.08 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | ₸342,000 /mo $724.58 | N/A/mo |
| Median individual income /yr | ₸2,400,000 /yr $5,084.75 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Kazakhstan is higher.
Work Week
- Kazakhstan
-
40 hrs/wk standard
Max 40 hrs/wk
Overtime : 1.5x pay
Labour Code sets standard working time at 40 hours/week. Overtime is limited to 2 hours/day and must be compensated at 150% of the normal rate. Reduced working hours apply to workers aged 14-18 and those in hazardous conditions. Five-day work week is standard.
- 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 Kazakhstan would see a 5541% increase in USD-equivalent hourly earnings.
See this comparison from Venezuela's perspective: Venezuela vs Kazakhstan
Compare Kazakhstan with...
Frequently Asked Questions
Is the minimum wage higher in Kazakhstan or Venezuela?
In Kazakhstan, the minimum wage is ₸496/hr ($1.05 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Kazakhstan has the higher rate by 5541% 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 Kazakhstan compared to Venezuela?
The average gross salary in Kazakhstan is ₸380,000/mo ($805.08 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Kazakhstan earn approximately 5777% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Kazakhstan and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Kazakhstan earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Kazakhstan and Venezuela?
Both Kazakhstan 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.