Key Facts: Pakistan vs Venezuela Wages
- Pakistan Minimum Wage
- ₨160/hr ($0.57 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Pakistan Avg. Gross Monthly Salary
- ₨39,042 /mo ($140.19 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Ministry of Overseas Pakistanis and Human Resource Development; FY2025-26 federal budget confirmed minimum wage UNCHANGED at PKR 37,000/month (no increase despite high inflation; Federal Government Grade 1-16 employees received separate 10% pay rise that does not affect minimum wage). Verified via Brecorder (brecorder.com/news/minimum-wage-to-remain-unchanged-at-rs37000-in-fy26). (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)
Pakistan 
Venezuela
Updated 2026-05-04
The minimum wage in Pakistan is roughly 31 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: $140/mo in Pakistan versus $14/mo in Venezuela, a 10.2:1 ratio.
Pakistan's unemployment rate is 5.4% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Pakistan | Venezuela |
|---|---|---|
| Minimum wage /hr | ₨160 $0.57 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | ₨37,000 $132.85 | Bs.D130 $3.56 |
| Minimum wage /yr | ₨444,000 $1,594.25 | — |
| Avg. gross salary /mo | ₨39,042 /mo $140.19 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | ₨35,138 /mo $126.17 | N/A/mo |
| Median individual income /yr | ₨403,200 /yr $1,447.76 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Pakistan is higher.
Work Week
- Pakistan
-
48 hrs/wk standard
Max 56 hrs/wk
Overtime : 2x pay
Factories Act 1934 sets standard at 48 hours/week (9 hrs/day). Maximum 56 hours including overtime. Overtime paid at double the ordinary rate. Shops and Establishments ordinances vary by province.
- 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 Pakistan would see a 2984% increase in USD-equivalent hourly earnings. Standard work weeks differ: Pakistan mandates 48 hours while Venezuela mandates 40 hours. A minimum wage worker's weekly earnings in Pakistan are $28 vs $1 in Venezuela.
See this comparison from Venezuela's perspective: Venezuela vs Pakistan
Compare Pakistan with...
Pakistan vs United States $ 7.25 /hr 
Pakistan vs China ¥ 25 /hr 
Pakistan vs Germany € 13.9 /hr 
Pakistan vs India ₹ 4,628 /mo 
Pakistan vs Japan ¥ 1,121 /hr 
Pakistan vs South Korea ₩ 10,320 /hr 
Pakistan vs Canada C$ 18.1 /hr 
Pakistan vs Australia A$ 26.44 /hr 
Pakistan vs Russia ₽ 156.31 /hr 
Pakistan vs Indonesia Rp 33,058 /hr 
Pakistan vs Netherlands € 14.71 /hr 
Pakistan vs Saudi Arabia ﷼ 23.08 /hr 
Pakistan vs Turkey ₺ 164.94 /hr 
Pakistan vs Taiwan NT$ 190 /hr 
Pakistan vs Switzerland 
Pakistan vs Poland zł 31.4 /hr 
Pakistan vs Thailand ฿ 10,400 /mo 
Pakistan vs Sweden 
Pakistan vs Argentina ARS 1,762 /hr 
Pakistan vs Singapore 
Pakistan vs Malaysia RM 8.72 /hr 
Pakistan vs Denmark 
Pakistan vs New Zealand NZ$ 23.95 /hr 
Pakistan vs Philippines ₱ 18,070 /mo Frequently Asked Questions
Is the minimum wage higher in Pakistan or Venezuela?
In Pakistan, the minimum wage is ₨160/hr ($0.57 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Pakistan has the higher rate by 2984% 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 Pakistan compared to Venezuela?
The average gross salary in Pakistan is ₨39,042/mo ($140.19 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Pakistan earn approximately 923% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Pakistan and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Pakistan earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Pakistan and Venezuela?
Pakistan has a longer standard work week at 48 hours, compared to 40 hours in Venezuela. Workers in Pakistan 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.