Key Facts: Lebanon vs Venezuela Wages
- Lebanon Minimum Wage
- L£161,600/hr ($1.81 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Lebanon Avg. Gross Monthly Salary
- L£27,000,000 /mo ($301.68 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Ministry of Labour — Lebanon (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)
Lebanon 
Venezuela
Updated 2026-05-04
The minimum wage in Lebanon is roughly 97 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: $302/mo in Lebanon versus $14/mo in Venezuela, a 22.0:1 ratio. Venezuela has the tighter labor market, with unemployment at 5.3% compared to 11.0%.
Lebanon's unemployment rate is 11.0% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Lebanon | Venezuela |
|---|---|---|
| Minimum wage /hr | L£161,600 $1.81 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | L£28,000,000 $312.85 | Bs.D130 $3.56 |
| Minimum wage /yr | L£336,000,000 $3,754.19 | — |
| Avg. gross salary /mo | L£27,000,000 /mo $301.68 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | L£24,000,000 /mo $268.16 | N/A/mo |
| Median individual income /yr | L£144,000,000 /yr $1,608.94 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Lebanon is higher.
Work Week
- Lebanon
-
48 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Labour Code sets maximum working hours at 48 per week. Overtime is paid at 150% of normal rate. Overtime on holidays at 200%. In practice, many workers work longer hours due to the economic crisis.
- 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 Lebanon would see a 9592% increase in USD-equivalent hourly earnings. Standard work weeks differ: Lebanon mandates 48 hours while Venezuela mandates 40 hours. A minimum wage worker's weekly earnings in Lebanon are $87 vs $1 in Venezuela.
See this comparison from Venezuela's perspective: Venezuela vs Lebanon
Compare Lebanon with...
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Lebanon vs China ¥ 25 /hr 
Lebanon vs Germany € 13.9 /hr 
Lebanon vs United Kingdom £ 12.71 /hr 
Lebanon vs India ₹ 4,576 /mo 
Lebanon vs Japan ¥ 1,121 /hr 
Lebanon vs France € 12.02 /hr 
Lebanon vs South Korea ₩ 10,320 /hr 
Lebanon vs Canada C$ 18.1 /hr 
Lebanon vs Australia A$ 24.95 /hr 
Lebanon vs Brazil R$ 7.37 /hr 
Lebanon vs Russia ₽ 156.31 /hr 
Lebanon vs Mexico MX$ 9,583.52 /mo 
Lebanon vs Indonesia Rp 33,058 /hr 
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Lebanon vs Saudi Arabia ﷼ 23.08 /hr 
Lebanon vs Turkey ₺ 164.94 /hr 
Lebanon vs Taiwan NT$ 190 /hr 
Lebanon vs Switzerland 
Lebanon vs Poland zł 31.4 /hr 
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Lebanon vs Singapore Frequently Asked Questions
Is the minimum wage higher in Lebanon or Venezuela?
In Lebanon, the minimum wage is L£161,600/hr ($1.81 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Lebanon has the higher rate by 9592% 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 Lebanon compared to Venezuela?
The average gross salary in Lebanon is L£27,000,000/mo ($301.68 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Lebanon earn approximately 2102% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Lebanon and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Lebanon earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Lebanon and Venezuela?
Lebanon has a longer standard work week at 48 hours, compared to 40 hours in Venezuela. Workers in Lebanon work 48 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.