Key Facts: Venezuela vs Kyrgyzstan Wages
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Kyrgyzstan Minimum Wage
- сом17.16/hr ($0.20 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Kyrgyzstan Avg. Gross Monthly Salary
- сом37,361 /mo ($427.28 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 Finance of the Kyrgyz Republic / National Statistical Committee (2026-02-25)
Venezuela
Kyrgyzstan
Updated 2026-05-04
The minimum wage in Venezuela is roughly 11 times lower than in Kyrgyzstan in USD terms, reflecting the gap between a upper-middle-income and a lower-middle-income economy. Average gross salaries diverge further: $14/mo in Venezuela versus $427/mo in Kyrgyzstan, a 31.2:1 ratio.
Venezuela's unemployment rate is 5.3% compared to Kyrgyzstan's 3.5%.
Detailed Comparison
| Metric | Venezuela | Kyrgyzstan |
|---|---|---|
| Minimum wage /hr | Bs.D0.68 $0.02 | сом17.16 $0.20 |
| Minimum wage /day | Bs.D5.42 $0.15 | — |
| Minimum wage /mo | Bs.D130 $3.56 | сом2,863 $32.74 |
| Minimum wage /yr | — | сом34,356 $392.91 |
| Avg. gross salary /mo | Bs.D500 /mo $13.70 | сом37,361 /mo $427.28 |
| Avg. net salary /mo | N/A/mo | сом33,625 /mo $384.55 |
| Median individual income /yr | N/A/yr | сом180,000 /yr $2,058.55 |
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.
- Kyrgyzstan
-
40 hrs/wk standard
Max 40 hrs/wk
Overtime : 1.5x pay
Labour Code sets standard workweek at 40 hours (8 hrs/day). Reduced hours (36 hrs) for workers aged 16-18 and hazardous conditions. Overtime limited to 120 hours per year. Overtime premium at least 50%. Night work (22:00-06:00) premium at least 50%. Holiday work at double rate.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker in Venezuela earns 953% less per hour in USD terms than one in Kyrgyzstan.
See this comparison from Kyrgyzstan's perspective: Kyrgyzstan vs Venezuela
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Frequently Asked Questions
Is the minimum wage higher in Venezuela or Kyrgyzstan?
In Venezuela, the minimum wage is Bs.D0.68/hr ($0.02 USD). In Kyrgyzstan, it is сом17.16/hr ($0.20 USD). Kyrgyzstan has the higher rate by 953% 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 Kyrgyzstan?
The average gross salary in Venezuela is Bs.D500/mo ($13.70 USD), compared to сом37,361/mo ($427.28 USD) in Kyrgyzstan. In USD terms, workers in Venezuela earn approximately 3019% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Venezuela and Kyrgyzstan is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Kyrgyzstan 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 Kyrgyzstan?
Both Venezuela and Kyrgyzstan 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.