Key Facts: Tanzania vs Venezuela Wages
- Tanzania Minimum Wage
- TZS1,010/hr ($0.38 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Tanzania Avg. Gross Monthly Salary
- TZS650,000 /mo ($244.36 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Ministry of Labour, Youth, Employment and Persons with Disabilities; Labour Institutions (Minimum Wage for Private Sector) Order, 2025 — Government Notice No. 605A, gazetted 13 October 2025, eff 1 January 2026 (kazi.go.tz PDF) (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)
Tanzania 
Venezuela
Updated 2026-05-27
The minimum wage in Tanzania is roughly 20 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: $244/mo in Tanzania versus $14/mo in Venezuela, a 17.8:1 ratio. Tanzania has the tighter labor market, with unemployment at 1.6% compared to 5.3%.
Tanzania's unemployment rate is 1.6% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Tanzania | Venezuela |
|---|---|---|
| Minimum wage /hr | TZS1,010 $0.38 | Bs.D0.68 $0.02 |
| Minimum wage /day | TZS5,833 $2.19 | Bs.D5.42 $0.15 |
| Minimum wage /mo | TZS175,000 $65.79 | Bs.D130 $3.56 |
| Minimum wage /yr | TZS2,100,000 $789.47 | — |
| Avg. gross salary /mo | TZS650,000 /mo $244.36 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | TZS520,000 /mo $195.49 | N/A/mo |
| Median individual income /yr | TZS2,400,000 /yr $902.26 | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Tanzania is higher.
Work Week
- Tanzania
-
45 hrs/wk standard
Max 45 hrs/wk
Overtime : 1.5x pay
Employment and Labour Relations Act sets ordinary working hours at 45 per week (9 hours/day for 5-day week, or various combinations not exceeding 45). Overtime: 150% of normal rate. Public holiday work: 200%. Maximum overtime is 50 hours in any 4-week cycle. Night work restrictions apply to pregnant women and young persons.
- 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 Tanzania would see a 1938% increase in USD-equivalent hourly earnings. Standard work weeks differ: Tanzania mandates 45 hours while Venezuela mandates 40 hours. A minimum wage worker's weekly earnings in Tanzania are $17 vs $1 in Venezuela.
See this comparison from Venezuela's perspective: Venezuela vs Tanzania
Compare Tanzania with...
Tanzania vs United States $ 7.25 /hr 
Tanzania vs China ¥ 25 /hr 
Tanzania vs Germany € 13.9 /hr 
Tanzania vs United Kingdom £ 12.71 /hr 
Tanzania vs India ₹ 4,576 /mo 
Tanzania vs Japan ¥ 1,121 /hr 
Tanzania vs France € 12.02 /hr 
Tanzania vs South Korea ₩ 10,320 /hr 
Tanzania vs Canada C$ 18.1 /hr 
Tanzania vs Australia A$ 24.95 /hr 
Tanzania vs Brazil R$ 7.37 /hr 
Tanzania vs Russia ₽ 156.31 /hr 
Tanzania vs Mexico MX$ 9,583.52 /mo 
Tanzania vs Indonesia Rp 33,058 /hr 
Tanzania vs Netherlands € 14.71 /hr 
Tanzania vs Saudi Arabia ﷼ 23.08 /hr 
Tanzania vs Turkey ₺ 164.94 /hr 
Tanzania vs Taiwan NT$ 190 /hr 
Tanzania vs Switzerland 
Tanzania vs Poland zł 31.4 /hr 
Tanzania vs Thailand ฿ 10,400 /mo 
Tanzania vs Sweden 
Tanzania vs Argentina ARS 1,762 /hr 
Tanzania vs Singapore Frequently Asked Questions
Is the minimum wage higher in Tanzania or Venezuela?
In Tanzania, the minimum wage is TZS1,010/hr ($0.38 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Tanzania has the higher rate by 1938% 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 Tanzania compared to Venezuela?
The average gross salary in Tanzania is TZS650,000/mo ($244.36 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Tanzania earn approximately 1684% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Tanzania and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Tanzania earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Tanzania and Venezuela?
Tanzania has a longer standard work week at 45 hours, compared to 40 hours in Venezuela. Workers in Tanzania 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.