Key Facts: Timor-Leste vs Venezuela Wages
- Timor-Leste Minimum Wage
- $115/mo
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Timor-Leste Avg. Gross Monthly Salary
- $350 /mo ($350 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- Ministry of Commerce, Industry and Environment — Timor-Leste / ILO (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)
Timor-Leste 
Venezuela
Updated 2026-05-04
The minimum wage in Timor-Leste is roughly 6173 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: $350/mo in Timor-Leste versus $14/mo in Venezuela, a 25.6:1 ratio. Timor-Leste has the tighter labor market, with unemployment at 1.6% compared to 5.3%.
Timor-Leste's unemployment rate is 1.6% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Timor-Leste | Venezuela |
|---|---|---|
| Minimum wage /hr | — | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | $115 | Bs.D130 $3.56 |
| Minimum wage /yr | $1,380 | — |
| Avg. gross salary /mo | $350 /mo | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | $330 /mo | N/A/mo |
| Median individual income /yr | $1,500 /yr | N/A/yr |
Percentage differences are based on USD equivalent values. Positive means Timor-Leste is higher.
Work Week
- Timor-Leste
-
40 hrs/wk standard
Max 52 hrs/wk
Overtime : 1.5x pay
Timor-Leste Labour Code sets a standard workweek of 40 hours (8 hours/day, 5 days). Maximum including overtime is 52 hours. Overtime is compensated at 1.5x the normal rate. Work on public holidays and Sundays is at 2x.
- 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 Timor-Leste would see a 617179% increase in USD-equivalent hourly earnings.
See this comparison from Venezuela's perspective: Venezuela vs Timor-Leste
Compare Timor-Leste with...
Timor-Leste vs United States $ 7.25 /hr 
Timor-Leste vs China ¥ 25 /hr 
Timor-Leste vs Germany € 13.9 /hr 
Timor-Leste vs United Kingdom £ 12.71 /hr 
Timor-Leste vs India ₹ 4,576 /mo 
Timor-Leste vs Japan ¥ 1,121 /hr 
Timor-Leste vs France € 12.02 /hr 
Timor-Leste vs South Korea ₩ 10,320 /hr 
Timor-Leste vs Canada C$ 18.1 /hr 
Timor-Leste vs Australia A$ 24.95 /hr 
Timor-Leste vs Brazil R$ 7.37 /hr 
Timor-Leste vs Russia ₽ 156.31 /hr 
Timor-Leste vs Mexico MX$ 9,583.52 /mo 
Timor-Leste vs Indonesia Rp 33,058 /hr 
Timor-Leste vs Netherlands € 14.71 /hr 
Timor-Leste vs Saudi Arabia ﷼ 23.08 /hr 
Timor-Leste vs Turkey ₺ 164.94 /hr 
Timor-Leste vs Taiwan NT$ 190 /hr 
Timor-Leste vs Switzerland 
Timor-Leste vs Poland zł 31.4 /hr 
Timor-Leste vs Thailand ฿ 10,400 /mo 
Timor-Leste vs Sweden 
Timor-Leste vs Argentina ARS 1,762 /hr 
Timor-Leste vs Singapore Frequently Asked Questions
Is the minimum wage higher in Timor-Leste or Venezuela?
In Timor-Leste, the minimum wage is $115/mo. In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Timor-Leste has the higher rate by 617179% 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 Timor-Leste compared to Venezuela?
The average gross salary in Timor-Leste is $350/mo, compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Timor-Leste earn approximately 2455% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Timor-Leste and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Timor-Leste earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Timor-Leste and Venezuela?
Both Timor-Leste 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.