Key Facts: Montenegro vs Venezuela Wages
- Montenegro Minimum Wage
- €3.87/hr ($4.51 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Montenegro Avg. Gross Monthly Salary
- €1,200 /mo ($1,397.46 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Ministry of Labour and Social Welfare of Montenegro (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)
Montenegro 
Venezuela
Updated 2026-05-04
The minimum wage in Montenegro is roughly 242 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: $1,397/mo in Montenegro versus $14/mo in Venezuela, a 102.0:1 ratio. Venezuela has the tighter labor market, with unemployment at 5.3% compared to 13.6%.
Montenegro's unemployment rate is 13.6% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Montenegro | Venezuela |
|---|---|---|
| Minimum wage /hr | €3.87 $4.51 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | €670 $780.25 | Bs.D130 $3.56 |
| Minimum wage /yr | €8,040 $9,362.99 | — |
| Avg. gross salary /mo | €1,200 /mo $1,397.46 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | €1,012 /mo $1,178.53 | N/A/mo |
| Median individual income /yr | €8,400 /yr $9,782.23 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Montenegro is higher.
Work Week
- Montenegro
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.4x pay
Labour Law sets standard workweek at 40 hours. Overtime limited to 10 hours per week. Overtime premium at least 40%. Night work (22:00-06:00) premium at least 40%. Work on rest days premium at least 150%. Holiday work premium at least 150%. EU Working Time Directive limits apply as Montenegro aligns with EU acquis.
- 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 Montenegro would see a 24091% increase in USD-equivalent hourly earnings.
See this comparison from Venezuela's perspective: Venezuela vs Montenegro
Compare Montenegro with...
Montenegro vs United States $ 7.25 /hr 
Montenegro vs China ¥ 25 /hr 
Montenegro vs Germany € 13.9 /hr 
Montenegro vs United Kingdom £ 12.71 /hr 
Montenegro vs India ₹ 4,576 /mo 
Montenegro vs Japan ¥ 1,121 /hr 
Montenegro vs France € 12.02 /hr 
Montenegro vs South Korea ₩ 10,320 /hr 
Montenegro vs Canada C$ 18.1 /hr 
Montenegro vs Australia A$ 24.95 /hr 
Montenegro vs Brazil R$ 7.37 /hr 
Montenegro vs Russia ₽ 156.31 /hr 
Montenegro vs Mexico MX$ 9,583.52 /mo 
Montenegro vs Indonesia Rp 33,058 /hr 
Montenegro vs Netherlands € 14.71 /hr 
Montenegro vs Saudi Arabia ﷼ 23.08 /hr 
Montenegro vs Turkey ₺ 164.94 /hr 
Montenegro vs Taiwan NT$ 190 /hr 
Montenegro vs Switzerland 
Montenegro vs Poland zł 31.4 /hr 
Montenegro vs Thailand ฿ 10,400 /mo 
Montenegro vs Sweden 
Montenegro vs Argentina ARS 1,762 /hr 
Montenegro vs Singapore Frequently Asked Questions
Is the minimum wage higher in Montenegro or Venezuela?
In Montenegro, the minimum wage is €3.87/hr ($4.51 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Montenegro has the higher rate by 24091% 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 Montenegro compared to Venezuela?
The average gross salary in Montenegro is €1,200/mo ($1,397.46 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Montenegro earn approximately 10101% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Montenegro and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Montenegro earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Montenegro and Venezuela?
Both Montenegro 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.