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Key Facts: Venezuela vs Moldova Wages

Venezuela Minimum Wage
Bs.D0.68/hr ($0.02 USD)
Moldova Minimum Wage
L32.54/hr ($1.90 USD)
Venezuela Avg. Gross Monthly Salary
Bs.D500 /mo ($13.70 USD)
Moldova Avg. Gross Monthly Salary
L15,500 /mo ($905.90 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), Government of the Republic of Moldova / Ministry of Labour and Social Protection (2026-02-25)

Venezuela flag Venezuela Moldova flag Moldova

Updated 2026-05-04

Venezuela flag Venezuela

Minimum Wage

Bs.D0.68 /hr

$0.02 USD

Avg. Gross Salary

Bs.D500 /mo

Moldova flag Moldova

Minimum Wage

L32.54 /hr

$1.90 USD

Avg. Gross Salary

L15,500 /mo

Min wage: -99% Venezuela vs Moldova Avg. salary: -98% Venezuela vs Moldova

The minimum wage in Venezuela is roughly 102 times lower than in Moldova 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 $906/mo in Moldova, a 66.1:1 ratio. Moldova has the tighter labor market, with unemployment at 1.5% compared to 5.3%.

Venezuela's unemployment rate is 5.3% compared to Moldova's 1.5%.

Detailed Comparison

Detailed wage comparison between Venezuela and Moldova
Metric Venezuela Moldova
Minimum wage /hr Bs.D0.68 $0.02 L32.54 $1.90
Minimum wage /day Bs.D5.42 $0.15
Minimum wage /mo Bs.D130 $3.56 L5,500 $321.45
Minimum wage /yr L66,000 $3,857.39
Avg. gross salary /mo Bs.D500 /mo $13.70 L15,500 /mo $905.90
Avg. net salary /mo N/A/mo L12,400 /mo $724.72
Median individual income /yr N/A/yr L84,000 /yr $4,909.41

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.

Moldova

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Labour Code sets standard workweek at 40 hours (8 hrs/day). Reduced hours (35 hrs/week) for hazardous conditions. Overtime limited to 120 hours per year (240 with employee consent). Overtime premium at least 50% for first 2 hours and 100% thereafter. Night work (22:00-06:00) premium at least 50%.

• WAGE TRAJECTORY (USD/hr)

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

What This Means for Workers

A minimum wage worker in Venezuela earns 10108% less per hour in USD terms than one in Moldova.

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

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Frequently Asked Questions

Is the minimum wage higher in Venezuela or Moldova?

In Venezuela, the minimum wage is Bs.D0.68/hr ($0.02 USD). In Moldova, it is L32.54/hr ($1.90 USD). Moldova has the higher rate by 10108% 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 Moldova?

The average gross salary in Venezuela is Bs.D500/mo ($13.70 USD), compared to L15,500/mo ($905.90 USD) in Moldova. In USD terms, workers in Venezuela earn approximately 6513% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Venezuela and Moldova is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Moldova 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 Moldova?

Both Venezuela and Moldova 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.