Lesotho Venezuela

Updated 2026-05-04

Lesotho

Minimum Wage

L2,000 /mo

$124.92 USD

Avg. Gross Salary

L4,500 /mo

Venezuela

Minimum Wage

Bs.D0.68 /hr

$0.02 USD

Avg. Gross Salary

Bs.D500 /mo

Min wage: +670437% Lesotho vs Venezuela Avg. salary: +1952% Lesotho vs Venezuela

The minimum wage in Lesotho is roughly 6705 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: $281/mo in Lesotho versus $14/mo in Venezuela, a 20.5:1 ratio. Venezuela has the tighter labor market, with unemployment at 5.3% compared to 16.3%.

Lesotho's unemployment rate is 16.3% compared to Venezuela's 5.3%.

Detailed Comparison

Detailed wage comparison between Lesotho and Venezuela
Metric	Lesotho	Venezuela	Diff
Minimum wage /hr	—	Bs.D0.68 $0.02	—
Minimum wage /day	—	Bs.D5.42 $0.15	—
Minimum wage /mo	L2,000 $124.92	Bs.D130 $3.56	+3407.4%
Avg. gross salary /mo	L4,500 /mo $281.07	Bs.D500 /mo $13.70	+1951.8%
Median individual income /yr	L18,000 /yr $1,124.30	N/A/yr	—

Percentage differences are based on USD equivalent values. Positive means Lesotho is higher.

Work Week

Lesotho: 45 hrs/wk standard

Max 54 hrs/wk

Overtime : 1.33x pay

Labour Code sets standard at 45 hours/week (9 hrs/day, 5 days or 7.5 hrs/day, 6 days). Maximum 54 hours/week including overtime (9 hours overtime limit). Overtime paid at 1.33x normal rate. Sunday rest day and 12 public holidays per year.
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.

What This Means for Workers

A minimum wage worker moving from Venezuela to Lesotho would see a 670437% increase in USD-equivalent hourly earnings. Standard work weeks differ: Lesotho mandates 45 hours while Venezuela mandates 40 hours. A minimum wage worker's weekly earnings in Lesotho are $5,621 vs $1 in Venezuela.

See this comparison from Venezuela's perspective: Venezuela vs Lesotho

Compare Lesotho with...

Lesotho vs United States $ 7.25 /hr

Lesotho vs China ¥ 25 /hr

Lesotho vs Germany € 13.9 /hr

Lesotho vs United Kingdom £ 12.71 /hr

Lesotho vs India ₹ 4,576 /mo

Lesotho vs Japan ¥ 1,121 /hr

Lesotho vs France € 12.02 /hr

Lesotho vs South Korea ₩ 10,320 /hr

Lesotho vs Canada C$ 18.1 /hr

Lesotho vs Australia A$ 24.95 /hr

Lesotho vs Brazil R$ 7.37 /hr

Lesotho vs Russia ₽ 156.31 /hr

Lesotho vs Mexico MX$ 9,583.52 /mo

Lesotho vs Indonesia Rp 33,058 /hr

Lesotho vs Netherlands € 14.71 /hr

Lesotho vs Saudi Arabia ﷼ 23.08 /hr

Lesotho vs Turkey ₺ 164.94 /hr

Lesotho vs Taiwan NT$ 190 /hr

Lesotho vs Switzerland

Lesotho vs Poland zł 31.4 /hr

Lesotho vs Thailand ฿ 10,400 /mo

Lesotho vs Sweden

Lesotho vs Argentina ARS 1,762 /hr

Lesotho vs Singapore

Frequently Asked Questions

Is the minimum wage higher in Lesotho or Venezuela?

In Lesotho, the minimum wage is L2,000/mo ($124.92 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Lesotho has the higher rate by 670437% 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 Lesotho compared to Venezuela?

The average gross salary in Lesotho is L4,500/mo ($281.07 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Lesotho earn approximately 1952% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Lesotho and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Lesotho earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.

How do work hours compare between Lesotho and Venezuela?

Lesotho has a longer standard work week at 45 hours, compared to 40 hours in Venezuela. Workers in Lesotho work 45 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.