Oman Venezuela

Updated 2026-05-04

Oman

Minimum Wage

OMR1.88 /hr

$4.88 USD

Avg. Gross Salary

OMR850 /mo

Venezuela

Minimum Wage

Bs.D0.68 /hr

$0.02 USD

Avg. Gross Salary

Bs.D500 /mo

Min wage: +26111% Oman vs Venezuela Avg. salary: +16017% Oman vs Venezuela

The minimum wage in Oman is roughly 262 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: $2,208/mo in Oman versus $14/mo in Venezuela, a 161.2:1 ratio. Oman has the tighter labor market, with unemployment at 3.3% compared to 5.3%.

Oman's unemployment rate is 3.3% compared to Venezuela's 5.3%.

Detailed Comparison

Detailed wage comparison between Oman and Venezuela
Metric	Oman	Venezuela	Diff
Minimum wage /hr	OMR1.88 $4.88	Bs.D0.68 $0.02	+26110.8%
Minimum wage /day	—	Bs.D5.42 $0.15	—
Minimum wage /mo	OMR325 $844.16	Bs.D130 $3.56	+23601.3%
Minimum wage /yr	OMR3,900 $10,129.87	—	—
Avg. gross salary /mo	OMR850 /mo $2,207.79	Bs.D500 /mo $13.70	+16016.9%
Avg. net salary /mo	OMR820 /mo $2,129.87	N/A/mo	—
Median individual income /yr	OMR5,400 /yr $14,025.97	N/A/yr	—

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

Work Week

Oman: 45 hrs/wk standard

Max 45 hrs/wk

Overtime : 1.25x pay

Labour Law sets maximum working hours at 9 hours/day or 45 hours/week. During Ramadan, Muslim workers' hours are reduced to 6 hours/day or 30 hours/week. Overtime paid at 125% for regular days and 150% for holidays/weekends.
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)

Oman Venezuela Source: wage.is · USD equivalent/hr

Year	Oman (USD)	Venezuela (USD)
2006	$364/hr	—
2011	$519/hr	—
2013	$844/hr	—
2020	—	$10959/hr
2021	—	$0.27/hr
2022	—	$3.56/hr
2023	—	$3.56/hr
2024	—	$3.56/hr
2025	—	$3.56/hr
2026	—	$3.56/hr

What This Means for Workers

A minimum wage worker moving from Venezuela to Oman would see a 26111% increase in USD-equivalent hourly earnings. Standard work weeks differ: Oman mandates 45 hours while Venezuela mandates 40 hours. A minimum wage worker's weekly earnings in Oman are $220 vs $1 in Venezuela.

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

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Frequently Asked Questions

Is the minimum wage higher in Oman or Venezuela?

In Oman, the minimum wage is OMR1.88/hr ($4.88 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Oman has the higher rate by 26111% 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 Oman compared to Venezuela?

The average gross salary in Oman is OMR850/mo ($2,207.79 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Oman earn approximately 16017% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Oman and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Oman earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.

How do work hours compare between Oman and Venezuela?

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