Key Facts: Netherlands vs Venezuela Wages
- Netherlands Minimum Wage
- €14.71/hr ($17.13 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Netherlands Avg. Gross Monthly Salary
- €3,900 /mo ($4,541.75 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Rijksoverheid (Government of the Netherlands); 2026 monthly basis verified via Wikipedia EU member states by minimum wage table (40-hour workweek convention) (2026-05-27), 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)
Netherlands 
Venezuela
Updated 2026-05-27
The minimum wage in the Netherlands is roughly 920 times higher than in Venezuela in USD terms, reflecting the gap between a high-income and a upper-middle-income economy. Average gross salaries diverge further: $4,542/mo in the Netherlands versus $14/mo in Venezuela, a 331.5:1 ratio.
The Netherlands' unemployment rate is 3.9% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Netherlands | Venezuela |
|---|---|---|
| Minimum wage /hr | €14.71 $17.13 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | €2,549.73 $2,969.29 | Bs.D130 $3.56 |
| Minimum wage /yr | €30,596.76 $35,631.49 | — |
| Avg. gross salary /mo | €3,900 /mo $4,541.75 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | €2,750 /mo $3,202.52 | N/A/mo |
| Median individual income /yr | €36,500 /yr $42,506.11 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Netherlands is higher.
Work Week
- Netherlands
-
36 hrs/wk standard
Max 48 hrs/wk
Standard workweek varies by sector: commonly 36, 38, or 40 hours. The Working Hours Act (Arbeidstijdenwet) limits working time to 12 hours per shift and 60 hours per week, averaged to a maximum of 48 hours over 16 weeks. Overtime compensation is determined by collective agreements or individual contracts.
- 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 the Netherlands would see a 91851% increase in USD-equivalent hourly earnings. Standard work weeks differ: the Netherlands mandates 36 hours while Venezuela mandates 40 hours. A minimum wage worker's weekly earnings in the Netherlands are $617 vs $1 in Venezuela.
See this comparison from Venezuela's perspective: Venezuela vs Netherlands
Compare Netherlands with...
Netherlands vs United States $ 7.25 /hr 
Netherlands vs China ¥ 25 /hr 
Netherlands vs Germany € 13.9 /hr 
Netherlands vs United Kingdom £ 12.71 /hr 
Netherlands vs India ₹ 4,576 /mo 
Netherlands vs Japan ¥ 1,121 /hr 
Netherlands vs France € 12.02 /hr 
Netherlands vs South Korea ₩ 10,320 /hr 
Netherlands vs Canada C$ 18.1 /hr 
Netherlands vs Australia A$ 24.95 /hr 
Netherlands vs Brazil R$ 7.37 /hr 
Netherlands vs Russia ₽ 156.31 /hr 
Netherlands vs Mexico MX$ 9,583.52 /mo 
Netherlands vs Indonesia Rp 33,058 /hr 
Netherlands vs Saudi Arabia ﷼ 23.08 /hr 
Netherlands vs Turkey ₺ 164.94 /hr 
Netherlands vs Taiwan NT$ 190 /hr 
Netherlands vs Switzerland 
Netherlands vs Poland zł 31.4 /hr 
Netherlands vs Thailand ฿ 10,400 /mo 
Netherlands vs Sweden 
Netherlands vs Argentina ARS 1,762 /hr 
Netherlands vs Singapore 
Netherlands vs Norway Frequently Asked Questions
Is the minimum wage higher in Netherlands or Venezuela?
In the Netherlands, the minimum wage is €14.71/hr ($17.13 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Netherlands has the higher rate by 91851% 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 Netherlands compared to Venezuela?
The average gross salary in the Netherlands is €3,900/mo ($4,541.75 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in the Netherlands earn approximately 33055% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Netherlands and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in the Netherlands earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Netherlands and Venezuela?
Venezuela has a longer standard work week at 40 hours, compared to 36 hours in the Netherlands. Workers in the Netherlands work 36 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in the Netherlands 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.