Key Facts: Venezuela vs Belarus Wages
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Belarus Minimum Wage
- Br4.54/hr ($1.59 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Belarus Avg. Gross Monthly Salary
- Br2,270 /mo ($793.71 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), Ministry of Labour and Social Protection of the Republic of Belarus (2026-02-25)
Venezuela
Belarus
Updated 2026-05-04
The minimum wage in Venezuela is roughly 85 times lower than in Belarus in USD terms, reflecting the gap between a upper-middle-income and a upper-middle-income economy. Average gross salaries diverge further: $14/mo in Venezuela versus $794/mo in Belarus, a 57.9:1 ratio.
Venezuela's unemployment rate is 5.3% compared to Belarus' 3.4%.
Detailed Comparison
| Metric | Venezuela | Belarus |
|---|---|---|
| Minimum wage /hr | Bs.D0.68 $0.02 | Br4.54 $1.59 |
| Minimum wage /day | Bs.D5.42 $0.15 | — |
| Minimum wage /mo | Bs.D130 $3.56 | Br726 $253.85 |
| Minimum wage /yr | — | Br8,712 $3,046.15 |
| Avg. gross salary /mo | Bs.D500 /mo $13.70 | Br2,270 /mo $793.71 |
| Avg. net salary /mo | N/A/mo | Br1,950 /mo $681.82 |
| Median individual income /yr | N/A/yr | Br15,600 /yr $5,454.55 |
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.
- Belarus
-
40 hrs/wk standard
Max 40 hrs/wk
Overtime : 1.5x pay
Labour Code sets standard workweek at 40 hours. Reduced workweek of 35 hours for hazardous conditions. Overtime limited to 10 hours per week and 180 hours per year. Overtime premium at least 50%. Night work (22:00-06:00) premium at least 20%. Work on weekends and holidays at double rate.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker in Venezuela earns 8421% less per hour in USD terms than one in Belarus.
See this comparison from Belarus's perspective: Belarus vs Venezuela
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Frequently Asked Questions
Is the minimum wage higher in Venezuela or Belarus?
In Venezuela, the minimum wage is Bs.D0.68/hr ($0.02 USD). In Belarus, it is Br4.54/hr ($1.59 USD). Belarus has the higher rate by 8421% 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 Belarus?
The average gross salary in Venezuela is Bs.D500/mo ($13.70 USD), compared to Br2,270/mo ($793.71 USD) in Belarus. In USD terms, workers in Venezuela earn approximately 5694% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Venezuela and Belarus is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Belarus 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 Belarus?
Both Venezuela and Belarus 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.