Key Facts: Venezuela vs Morocco Wages
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Morocco Minimum Wage
- MAD17.92/hr ($1.83 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Morocco Avg. Gross Monthly Salary
- MAD6,000 /mo ($613.50 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), Ministère de l'Inclusion Économique, de la Petite Entreprise, de l'Emploi et des Compétences (miepeec.gov.ma); 2026 SMIG/SMAG figures verified (second stage of two-stage 10% increase agreed in April 2024 social dialogue) (2026-05-04)
Venezuela
Morocco
Updated 2026-05-04
The minimum wage in Venezuela is roughly 98 times lower than in Morocco 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 $613/mo in Morocco, a 44.8:1 ratio. Venezuela has the tighter labor market, with unemployment at 5.3% compared to 9.0%.
Venezuela's unemployment rate is 5.3% compared to Morocco's 9.0%.
Detailed Comparison
| Metric | Venezuela | Morocco |
|---|---|---|
| Minimum wage /hr | Bs.D0.68 $0.02 | MAD17.92 $1.83 |
| Minimum wage /day | Bs.D5.42 $0.15 | — |
| Minimum wage /mo | Bs.D130 $3.56 | MAD3,422.53 $349.95 |
| Avg. gross salary /mo | Bs.D500 /mo $13.70 | MAD6,000 /mo $613.50 |
| Avg. net salary /mo | N/A/mo | MAD5,100 /mo $521.47 |
| Median individual income /yr | N/A/yr | MAD30,000 /yr $3,067.48 |
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.
- Morocco
-
44 hrs/wk standard
Max 44 hrs/wk
Overtime : 1.25x pay
Labour Code sets standard at 44 hours/week for non-agricultural sectors (2,288 hrs/year) and 48 hours/week for agriculture (2,496 hrs/year). Overtime: 25% premium for daytime hours, 50% for nighttime. On rest days/holidays: 50% daytime, 100% nighttime.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker in Venezuela earns 9735% less per hour in USD terms than one in Morocco. Standard work weeks differ: Venezuela mandates 40 hours while Morocco mandates 44 hours. A minimum wage worker's weekly earnings in Venezuela are $1 vs $81 in Morocco.
See this comparison from Morocco's perspective: Morocco vs Venezuela
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Frequently Asked Questions
Is the minimum wage higher in Venezuela or Morocco?
In Venezuela, the minimum wage is Bs.D0.68/hr ($0.02 USD). In Morocco, it is MAD17.92/hr ($1.83 USD). Morocco has the higher rate by 9735% 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 Morocco?
The average gross salary in Venezuela is Bs.D500/mo ($13.70 USD), compared to MAD6,000/mo ($613.50 USD) in Morocco. In USD terms, workers in Venezuela earn approximately 4379% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Venezuela and Morocco is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Morocco 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 Morocco?
Morocco has a longer standard work week at 44 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.