Key Facts: Niger vs Venezuela Wages
- Niger Minimum Wage
- CFA30,047/mo ($53.94 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Niger Avg. Gross Monthly Salary
- CFA120,000 /mo ($215.44 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- ILO / Ministère du Travail et de la Protection Sociale (Niger) (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)
Niger 
Venezuela
Updated 2026-05-04
The minimum wage in Niger is roughly 2896 times higher than in Venezuela in USD terms, reflecting the gap between a low-income and a upper-middle-income economy. Average gross salaries diverge further: $215/mo in Niger versus $14/mo in Venezuela, a 15.7:1 ratio. Niger has the tighter labor market, with unemployment at 0.4% compared to 5.3%.
Niger's unemployment rate is 0.4% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Niger | Venezuela |
|---|---|---|
| Minimum wage /hr | — | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | CFA30,047 $53.94 | Bs.D130 $3.56 |
| Avg. gross salary /mo | CFA120,000 /mo $215.44 | Bs.D500 /mo $13.70 |
| Median individual income /yr | CFA150,000 /yr $269.30 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Niger is higher.
Work Week
- Niger
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Labour Code sets standard at 40 hours/week. Maximum 48 hours with overtime. Overtime paid at 1.5x. These rules apply only to the small formal sector.
- 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 Niger would see a 289454% increase in USD-equivalent hourly earnings.
See this comparison from Venezuela's perspective: Venezuela vs Niger
Compare Niger with...
Niger vs United States $ 7.25 /hr 
Niger vs China ¥ 25 /hr 
Niger vs Germany € 13.9 /hr 
Niger vs United Kingdom £ 12.71 /hr 
Niger vs India ₹ 4,576 /mo 
Niger vs Japan ¥ 1,121 /hr 
Niger vs France € 12.02 /hr 
Niger vs South Korea ₩ 10,320 /hr 
Niger vs Canada C$ 18.1 /hr 
Niger vs Australia A$ 24.95 /hr 
Niger vs Brazil R$ 7.37 /hr 
Niger vs Russia ₽ 156.31 /hr 
Niger vs Mexico MX$ 9,583.52 /mo 
Niger vs Indonesia Rp 33,058 /hr 
Niger vs Netherlands € 14.71 /hr 
Niger vs Saudi Arabia ﷼ 23.08 /hr 
Niger vs Turkey ₺ 164.94 /hr 
Niger vs Taiwan NT$ 190 /hr 
Niger vs Switzerland 
Niger vs Poland zł 31.4 /hr 
Niger vs Thailand ฿ 10,400 /mo 
Niger vs Sweden 
Niger vs Argentina ARS 1,762 /hr 
Niger vs Singapore Frequently Asked Questions
Is the minimum wage higher in Niger or Venezuela?
In Niger, the minimum wage is CFA30,047/mo ($53.94 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Niger has the higher rate by 289454% 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 Niger compared to Venezuela?
The average gross salary in Niger is CFA120,000/mo ($215.44 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Niger earn approximately 1473% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Niger and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Niger earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Niger and Venezuela?
Both Niger 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.