Key Facts: Portugal vs Venezuela Wages
- Portugal Minimum Wage
- €5.31/hr ($6.18 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Portugal Avg. Gross Monthly Salary
- €1,550 /mo ($1,805.05 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Government of Portugal (Governo de Portugal); 2026 figure verified via Wikipedia EU member states by minimum wage table (eff 2026-01-01) (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)
Portugal 
Venezuela
Updated 2026-05-04
The minimum wage in Portugal is roughly 332 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: $1,805/mo in Portugal versus $14/mo in Venezuela, a 131.8:1 ratio.
Portugal's unemployment rate is 6.2% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Portugal | Venezuela |
|---|---|---|
| Minimum wage /hr | €5.31 $6.18 | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | €920 $1,071.39 | Bs.D130 $3.56 |
| Minimum wage /yr | €12,880 $14,999.42 | — |
| Avg. gross salary /mo | €1,550 /mo $1,805.05 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | €1,150 /mo $1,339.23 | N/A/mo |
| Median individual income /yr | €14,000 /yr $16,303.71 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Portugal is higher.
Work Week
- Portugal
-
40 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.25x pay
Standard workweek is 40 hours (Labour Code). The first hour of overtime on a working day is paid at 125%, subsequent hours at 137.5%. Overtime on rest days and public holidays is paid at 150%. Maximum 150 hours of overtime per year (can be increased to 200 by collective agreement). EU Working Time Directive limits average to 48 hrs/week.
- 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 Portugal would see a 33092% increase in USD-equivalent hourly earnings.
See this comparison from Venezuela's perspective: Venezuela vs Portugal
Compare Portugal with...
Portugal vs United States $ 7.25 /hr 
Portugal vs China ¥ 25 /hr 
Portugal vs Germany € 13.9 /hr 
Portugal vs United Kingdom £ 12.71 /hr 
Portugal vs India ₹ 4,576 /mo 
Portugal vs Japan ¥ 1,121 /hr 
Portugal vs France € 12.02 /hr 
Portugal vs South Korea ₩ 10,320 /hr 
Portugal vs Canada C$ 18.1 /hr 
Portugal vs Australia A$ 24.95 /hr 
Portugal vs Brazil R$ 7.37 /hr 
Portugal vs Russia ₽ 156.31 /hr 
Portugal vs Mexico MX$ 9,583.52 /mo 
Portugal vs Indonesia Rp 33,058 /hr 
Portugal vs Netherlands € 14.71 /hr 
Portugal vs Saudi Arabia ﷼ 23.08 /hr 
Portugal vs Turkey ₺ 164.94 /hr 
Portugal vs Taiwan NT$ 190 /hr 
Portugal vs Switzerland 
Portugal vs Poland zł 31.4 /hr 
Portugal vs Thailand ฿ 10,400 /mo 
Portugal vs Sweden 
Portugal vs Argentina ARS 1,762 /hr 
Portugal vs Singapore Frequently Asked Questions
Is the minimum wage higher in Portugal or Venezuela?
In Portugal, the minimum wage is €5.31/hr ($6.18 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Portugal has the higher rate by 33092% 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 Portugal compared to Venezuela?
The average gross salary in Portugal is €1,550/mo ($1,805.05 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Portugal earn approximately 13077% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Portugal and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Portugal earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Portugal and Venezuela?
Both Portugal 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.