Key Facts: Nepal vs Venezuela Wages
- Nepal Minimum Wage
- Rs112.81/hr ($0.83 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Nepal Avg. Gross Monthly Salary
- Rs32,000 /mo ($234.43 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Ministry of Labour, Employment and Social Security; 2025 figure verified via Wikipedia List of countries by minimum wage (eff July 2025) (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)
Nepal 
Venezuela
Updated 2026-05-04
The minimum wage in Nepal is roughly 44 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: $234/mo in Nepal versus $14/mo in Venezuela, a 17.1:1 ratio. Venezuela has the tighter labor market, with unemployment at 5.3% compared to 10.5%.
Nepal's unemployment rate is 10.5% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Nepal | Venezuela |
|---|---|---|
| Minimum wage /hr | Rs112.81 $0.83 | Bs.D0.68 $0.02 |
| Minimum wage /day | Rs651.67 $4.77 | Bs.D5.42 $0.15 |
| Minimum wage /mo | Rs19,550 $143.22 | Bs.D130 $3.56 |
| Minimum wage /yr | Rs234,600 $1,718.68 | — |
| Avg. gross salary /mo | Rs32,000 /mo $234.43 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | Rs29,500 /mo $216.12 | N/A/mo |
| Median individual income /yr | Rs180,000 /yr $1,318.68 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Nepal is higher.
Work Week
- Nepal
-
48 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Labour Act 2017 sets maximum working hours at 8 hours/day, 48 hours/week. Overtime: 150% of normal rate, limited to 4 hours/day and 24 hours/week. Weekly rest of at least one day (Saturday is the traditional rest day). Tea estate and some other sector workers may have different arrangements under sectoral orders.
- 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 Nepal would see a 4336% increase in USD-equivalent hourly earnings. Standard work weeks differ: Nepal mandates 48 hours while Venezuela mandates 40 hours. A minimum wage worker's weekly earnings in Nepal are $40 vs $1 in Venezuela.
See this comparison from Venezuela's perspective: Venezuela vs Nepal
Compare Nepal with...
Nepal vs United States $ 7.25 /hr 
Nepal vs China ¥ 25 /hr 
Nepal vs Germany € 13.9 /hr 
Nepal vs United Kingdom £ 12.71 /hr 
Nepal vs India ₹ 4,576 /mo 
Nepal vs Japan ¥ 1,121 /hr 
Nepal vs France € 12.02 /hr 
Nepal vs South Korea ₩ 10,320 /hr 
Nepal vs Canada C$ 18.1 /hr 
Nepal vs Australia A$ 24.95 /hr 
Nepal vs Brazil R$ 7.37 /hr 
Nepal vs Russia ₽ 156.31 /hr 
Nepal vs Mexico MX$ 9,583.52 /mo 
Nepal vs Indonesia Rp 33,058 /hr 
Nepal vs Netherlands € 14.71 /hr 
Nepal vs Saudi Arabia ﷼ 23.08 /hr 
Nepal vs Turkey ₺ 164.94 /hr 
Nepal vs Taiwan NT$ 190 /hr 
Nepal vs Switzerland 
Nepal vs Poland zł 31.4 /hr 
Nepal vs Thailand ฿ 10,400 /mo 
Nepal vs Sweden 
Nepal vs Argentina ARS 1,762 /hr 
Nepal vs Singapore Frequently Asked Questions
Is the minimum wage higher in Nepal or Venezuela?
In Nepal, the minimum wage is Rs112.81/hr ($0.83 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Nepal has the higher rate by 4336% 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 Nepal compared to Venezuela?
The average gross salary in Nepal is Rs32,000/mo ($234.43 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Nepal earn approximately 1611% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Nepal and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Nepal earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Nepal and Venezuela?
Nepal has a longer standard work week at 48 hours, compared to 40 hours in Venezuela. Workers in Nepal 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.