Skip to main content

Key Facts: Venezuela vs Fiji Wages

Venezuela Minimum Wage
Bs.D0.68/hr ($0.02 USD)
Fiji Minimum Wage
FJ$5/hr ($2.25 USD)
Venezuela Avg. Gross Monthly Salary
Bs.D500 /mo ($13.70 USD)
Fiji Avg. Gross Monthly Salary
FJ$2,500 /mo ($1,126.13 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), Fiji Government / Ministry of Employment, Productivity and Industrial Relations (2026-02-25)

Venezuela flag Venezuela Fiji flag Fiji

Updated 2026-05-04

Venezuela flag Venezuela

Minimum Wage

Bs.D0.68 /hr

$0.02 USD

Avg. Gross Salary

Bs.D500 /mo

Fiji flag Fiji

Minimum Wage

FJ$5 /hr

$2.25 USD

Avg. Gross Salary

FJ$2,500 /mo

Min wage: -99% Venezuela vs Fiji Avg. salary: -99% Venezuela vs Fiji

The minimum wage in Venezuela is roughly 121 times lower than in Fiji 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 $1,126/mo in Fiji, a 82.2:1 ratio.

Venezuela's unemployment rate is 5.3% compared to Fiji's 5.3%.

Detailed Comparison

Detailed wage comparison between Venezuela and Fiji
Metric Venezuela Fiji
Minimum wage /hr Bs.D0.68 $0.02 FJ$5 $2.25
Minimum wage /day Bs.D5.42 $0.15
Minimum wage /mo Bs.D130 $3.56 FJ$960 $432.43
Minimum wage /yr FJ$11,520 $5,189.19
Avg. gross salary /mo Bs.D500 /mo $13.70 FJ$2,500 /mo $1,126.13
Avg. net salary /mo N/A/mo FJ$2,100 /mo $945.95
Median individual income /yr N/A/yr FJ$14,400 /yr $6,486.49

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.

Fiji

48 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Statutory maximum of 48 hours per week (8 hours/day, 6 days) under the Employment Relations Act 2007. Many office-based employers adopt a 40-hour week (8 hours/day, Monday-Friday) by policy or collective agreement. Overtime paid at 1.5x normal rate. Work on public holidays at 2x.

• WAGE TRAJECTORY (USD/hr)

Venezuela Fiji Source: wage.is · USD equivalent/hr

What This Means for Workers

A minimum wage worker in Venezuela earns 11989% less per hour in USD terms than one in Fiji. Standard work weeks differ: Venezuela mandates 40 hours while Fiji mandates 48 hours. A minimum wage worker's weekly earnings in Venezuela are $1 vs $108 in Fiji.

See this comparison from Fiji's perspective: Fiji vs Venezuela

Compare Venezuela with...

Frequently Asked Questions

Is the minimum wage higher in Venezuela or Fiji?

In Venezuela, the minimum wage is Bs.D0.68/hr ($0.02 USD). In Fiji, it is FJ$5/hr ($2.25 USD). Fiji has the higher rate by 11989% 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 Fiji?

The average gross salary in Venezuela is Bs.D500/mo ($13.70 USD), compared to FJ$2,500/mo ($1,126.13 USD) in Fiji. In USD terms, workers in Venezuela earn approximately 8121% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Venezuela and Fiji is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Fiji 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 Fiji?

Fiji has a longer standard work week at 48 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.