Key Facts: Kosovo vs Venezuela Wages
- Kosovo Minimum Wage
- €1.57/hr ($1.83 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Kosovo Avg. Gross Monthly Salary
- €650 /mo ($756.96 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Kosovo Ministry of Finance, Labour and Transfers / Kosovo Labour Law No. 03/L-212 (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)
Kosovo
Venezuela
Updated 2026-05-04
The minimum wage in Kosovo is roughly 98 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: $757/mo in Kosovo versus $14/mo in Venezuela, a 55.3:1 ratio.
Detailed Comparison
| Metric | Kosovo | Venezuela |
|---|---|---|
| Minimum wage /hr | €1.57 $1.83 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | €264 $307.44 | Bs.D130 $3.56 |
| Minimum wage /yr | €3,168 $3,689.30 | — |
| Avg. gross salary /mo | €650 /mo $756.96 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | €580 /mo $675.44 | N/A/mo |
| Median individual income /yr | €3,600 /yr $4,192.38 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Kosovo is higher.
Work Week
- Kosovo
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.3x pay
Labour Law No. 03/L-212 sets the standard working week at 40 hours (8 hrs/day, 5 days). Maximum including overtime is 48 hours/week (overtime limit: 8 hrs/week, 40 hrs/month, 240 hrs/year). Overtime is compensated at 130% of regular pay. Night work (22:00–06:00) carries a 26% premium. Weekend work is compensated at 150%. Workers are entitled to 18 days of paid annual leave (minimum); employees with disabilities and younger workers get more.
- 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 Kosovo would see a 9714% increase in USD-equivalent hourly earnings.
See this comparison from Venezuela's perspective: Venezuela vs Kosovo
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Frequently Asked Questions
Is the minimum wage higher in Kosovo or Venezuela?
In Kosovo, the minimum wage is €1.57/hr ($1.83 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Kosovo has the higher rate by 9714% 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 Kosovo compared to Venezuela?
The average gross salary in Kosovo is €650/mo ($756.96 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Kosovo earn approximately 5426% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Kosovo and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Kosovo earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Kosovo and Venezuela?
Both Kosovo 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.