Venezuela France

Updated 2026-05-04

Venezuela

Minimum Wage

Bs.D0.68 /hr

$0.02 USD

Avg. Gross Salary

Bs.D500 /mo

France

Minimum Wage

€12.02 /hr

$14.00 USD

Avg. Gross Salary

€3,500 /mo

Min wage: -100% Venezuela vs France Avg. salary: -100% Venezuela vs France

The minimum wage in Venezuela is roughly 751 times lower than in France in USD terms, reflecting the gap between a upper-middle-income and a high-income economy. Average gross salaries diverge further: $14/mo in Venezuela versus $4,076/mo in France, a 297.5:1 ratio. Venezuela has the tighter labor market, with unemployment at 5.3% compared to 7.5%.

Venezuela's unemployment rate is 5.3% compared to France's 7.5%.

Detailed Comparison

Detailed wage comparison between Venezuela and France
Metric	Venezuela	France	Diff
Minimum wage /hr	Bs.D0.68 $0.02	€12.02 $14.00	-99.9%
Minimum wage /day	Bs.D5.42 $0.15	—	—
Minimum wage /mo	Bs.D130 $3.56	€1,823.03 $2,123.01	-99.8%
Minimum wage /yr	—	€21,876.36 $25,476.14	—
Avg. gross salary /mo	Bs.D500 /mo $13.70	€3,500 /mo $4,075.93	-99.7%
Avg. net salary /mo	N/A/mo	€2,700 /mo $3,144.29	—
Median individual income /yr	N/A/yr	€24,000 /yr $27,949.23	—

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.
France: 35 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.25x pay

Legal workweek is 35 hours. Overtime: 25% premium for hours 36-43, 50% premium beyond 43 hours. Annual maximum 220 overtime hours unless collective agreement states otherwise.

• WAGE TRAJECTORY (USD/hr)

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

Year	Venezuela (USD)	France (USD)
2019	—	$12/hr
2020	$10959/hr	$12/hr
2021	$0.27/hr	$12/hr
2022	$3.56/hr	$13/hr
2023	$3.56/hr	$13/hr
2024	$3.56/hr	$14/hr
2025	$3.56/hr	$14/hr
2026	$3.56/hr	—

What This Means for Workers

A minimum wage worker in Venezuela earns 75036% less per hour in USD terms than one in France. Standard work weeks differ: Venezuela mandates 40 hours while France mandates 35 hours. A minimum wage worker's weekly earnings in Venezuela are $1 vs $490 in France.

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

Compare Venezuela with...

Venezuela vs United States $ 7.25 /hr

Venezuela vs China ¥ 25 /hr

Venezuela vs Germany € 13.9 /hr

Venezuela vs United Kingdom £ 12.71 /hr

Venezuela vs India ₹ 4,576 /mo

Venezuela vs Japan ¥ 1,121 /hr

Venezuela vs South Korea ₩ 10,320 /hr

Venezuela vs Canada C$ 18.1 /hr

Venezuela vs Australia A$ 24.95 /hr

Venezuela vs Brazil R$ 7.37 /hr

Venezuela vs Russia ₽ 156.31 /hr

Venezuela vs Mexico MX$ 9,583.52 /mo

Venezuela vs Indonesia Rp 33,058 /hr

Venezuela vs Netherlands € 14.71 /hr

Venezuela vs Saudi Arabia ﷼ 23.08 /hr

Venezuela vs Turkey ₺ 164.94 /hr

Venezuela vs Taiwan NT$ 190 /hr

Venezuela vs Switzerland

Venezuela vs Poland zł 31.4 /hr

Venezuela vs Thailand ฿ 10,400 /mo

Venezuela vs Sweden

Venezuela vs Argentina ARS 1,762 /hr

Venezuela vs Singapore

Venezuela vs Norway

Frequently Asked Questions

Is the minimum wage higher in Venezuela or France?

In Venezuela, the minimum wage is Bs.D0.68/hr ($0.02 USD). In France, it is €12.02/hr ($14.00 USD). France has the higher rate by 75036% 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 France?

The average gross salary in Venezuela is Bs.D500/mo ($13.70 USD), compared to €3,500/mo ($4,075.93 USD) in France. In USD terms, workers in Venezuela earn approximately 29654% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Venezuela and France is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in France 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 France?

Venezuela has a longer standard work week at 40 hours, compared to 35 hours in France. Workers in Venezuela work 40 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in France 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.