Key Facts: Venezuela vs Angola Wages
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Angola Minimum Wage
- Kz167.60/hr ($0.18 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Angola Avg. Gross Monthly Salary
- Kz150,000 /mo ($162.16 USD)
- Data Sources
- 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), Angolan Ministry of Public Administration, Labour and Social Security (MAPTSS) / ILO (2026-02-25)
Venezuela
Angola
Updated 2026-05-04
The minimum wage in Venezuela is roughly 10 times lower than in Angola in USD terms, reflecting the gap between a upper-middle-income and a lower-middle-income economy. Average gross salaries diverge further: $14/mo in Venezuela versus $162/mo in Angola, a 11.8:1 ratio. Venezuela has the tighter labor market, with unemployment at 5.3% compared to 14.1%.
Venezuela's unemployment rate is 5.3% compared to Angola's 14.1%.
Detailed Comparison
| Metric | Venezuela | Angola |
|---|---|---|
| Minimum wage /hr | Bs.D0.68 $0.02 | Kz167.60 $0.18 |
| Minimum wage /day | Bs.D5.42 $0.15 | Kz1,342 $1.45 |
| Minimum wage /mo | Bs.D130 $3.56 | Kz32,181 $34.79 |
| Minimum wage /yr | — | Kz386,172 $417.48 |
| Avg. gross salary /mo | Bs.D500 /mo $13.70 | Kz150,000 /mo $162.16 |
| Median individual income /yr | N/A/yr | Kz432,000 /yr $467.03 |
Percentage differences are based on USD equivalent values. Positive means Venezuela is higher.
Work 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.
- Angola
-
44 hrs/wk standard
Max 54 hrs/wk
Overtime : 1.5x pay
General Labour Law (Lei Geral do Trabalho) sets standard hours at 44/week (8 hrs/day over 5.5 days). Maximum total (including overtime) is 54 hours/week. Overtime hours 1–2 are compensated at 150%; hours beyond 2 at 175%; Sunday/holiday at 200%. Night work (9pm–6am) carries a 25% premium. Workers receive a mandatory 13th-month salary bonus annually.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker in Venezuela earns 873% less per hour in USD terms than one in Angola. Standard work weeks differ: Venezuela mandates 40 hours while Angola mandates 44 hours. A minimum wage worker's weekly earnings in Venezuela are $1 vs $8 in Angola.
See this comparison from Angola's perspective: Angola vs Venezuela
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Frequently Asked Questions
Is the minimum wage higher in Venezuela or Angola?
In Venezuela, the minimum wage is Bs.D0.68/hr ($0.02 USD). In Angola, it is Kz167.60/hr ($0.18 USD). Angola has the higher rate by 873% 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 less does the average worker earn in Venezuela compared to Angola?
The average gross salary in Venezuela is Bs.D500/mo ($13.70 USD), compared to Kz150,000/mo ($162.16 USD) in Angola. In USD terms, workers in Venezuela earn approximately 1084% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Venezuela and Angola is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Angola earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Venezuela and Angola?
Angola has a longer standard work week at 44 hours, compared to 40 hours in Venezuela. Workers in Venezuela work 40 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.