Key Facts: Venezuela vs Burundi Wages
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Burundi Minimum Wage
- FBu4,160/mo ($1.40 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Burundi Avg. Gross Monthly Salary
- FBu60,000 /mo ($20.19 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), ILO ILOSTAT / World Bank / Ministère de la Fonction Publique du Burundi (2026-02-25)
Venezuela
Burundi
Updated 2026-05-04
The minimum wage in Venezuela is roughly 75 times lower than in Burundi in USD terms, reflecting the gap between a upper-middle-income and a low-income economy. Average salaries are lower in Venezuela at $14/mo compared to $20/mo in Burundi. Burundi has the tighter labor market, with unemployment at 0.9% compared to 5.3%.
Venezuela's unemployment rate is 5.3% compared to Burundi's 0.9%.
Detailed Comparison
| Metric | Venezuela | Burundi |
|---|---|---|
| Minimum wage /hr | Bs.D0.68 $0.02 | — |
| Minimum wage /day | Bs.D5.42 $0.15 | FBu160 $0.05 |
| Minimum wage /mo | Bs.D130 $3.56 | FBu4,160 $1.40 |
| Avg. gross salary /mo | Bs.D500 /mo $13.70 | FBu60,000 /mo $20.19 |
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.
- Burundi
-
40 hrs/wk standard
Max 45 hrs/wk
Overtime : 1.5x pay
Labour Code sets 40 hours/week as the standard. The Code du Travail is French-language, reflecting Belgian colonial heritage. Overtime capped at 45 hours total. Enforcement is minimal outside the formal sector.
What This Means for Workers
A minimum wage worker in Venezuela earns 7413% less per hour in USD terms than one in Burundi.
See this comparison from Burundi's perspective: Burundi vs Venezuela
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Frequently Asked Questions
Is the minimum wage higher in Venezuela or Burundi?
In Venezuela, the minimum wage is Bs.D0.68/hr ($0.02 USD). In Burundi, it is FBu4,160/mo ($1.40 USD). Burundi has the higher rate by 7413% 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 Burundi?
The average gross salary in Venezuela is Bs.D500/mo ($13.70 USD), compared to FBu60,000/mo ($20.19 USD) in Burundi. In USD terms, workers in Venezuela earn approximately 47% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Venezuela and Burundi is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Burundi 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 Burundi?
Both Venezuela and Burundi 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.