Key Facts: Venezuela vs Hong Kong Wages
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Hong Kong Minimum Wage
- HK$42.10/hr ($5.37 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Hong Kong Avg. Gross Monthly Salary
- HK$20,500 /mo ($2,615.76 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), Minimum Wage Commission / Census and Statistics Department, HKSAR; current rate verified via Wikipedia List of countries by minimum wage (eff 2025-05-01) (2026-05-04)
Venezuela 
Hong Kong
Updated 2026-05-04
The minimum wage in Venezuela is roughly 288 times lower than in Hong Kong 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 $2,616/mo in Hong Kong, a 191.0:1 ratio. Hong Kong has the tighter labor market, with unemployment at 2.8% compared to 5.3%.
Venezuela's unemployment rate is 5.3% compared to Hong Kong's 2.8%.
Detailed Comparison
| Metric | Venezuela | Hong Kong |
|---|---|---|
| Minimum wage /hr | Bs.D0.68 $0.02 | HK$42.10 $5.37 |
| Minimum wage /day | Bs.D5.42 $0.15 | — |
| Minimum wage /mo | Bs.D130 $3.56 | HK$7,297 $931.08 |
| Minimum wage /yr | — | HK$87,568 $11,173.52 |
| Avg. gross salary /mo | Bs.D500 /mo $13.70 | HK$20,500 /mo $2,615.76 |
| Avg. net salary /mo | N/A/mo | HK$19,475 /mo $2,484.98 |
| Median individual income /yr | N/A/yr | HK$246,000 /yr $31,389.16 |
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.
- Hong Kong
-
hrs/wk standard
Hong Kong has NO statutory standard working hours or maximum working hours for most employees (a rare situation globally). The government has considered legislation but has not enacted a standard hours law. Working hours are determined by individual employment contracts. Average actual working hours are ~40-44 hrs/week. Overtime pay is not legally mandated except for certain specific occupations.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker in Venezuela earns 28734% less per hour in USD terms than one in Hong Kong.
See this comparison from Hong Kong's perspective: Hong Kong 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 France € 12.02 /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 Frequently Asked Questions
Is the minimum wage higher in Venezuela or Hong Kong?
In Venezuela, the minimum wage is Bs.D0.68/hr ($0.02 USD). In Hong Kong, it is HK$42.10/hr ($5.37 USD). Hong Kong has the higher rate by 28734% 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 Hong Kong?
The average gross salary in Venezuela is Bs.D500/mo ($13.70 USD), compared to HK$20,500/mo ($2,615.76 USD) in Hong Kong. In USD terms, workers in Venezuela earn approximately 18995% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Venezuela and Hong Kong is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Hong Kong earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.