Venezuela Syria

Updated 2026-05-04

Venezuela

Minimum Wage

Bs.D0.68 /hr

$0.02 USD

Avg. Gross Salary

Bs.D500 /mo

Syria

Minimum Wage

£S1,850 /mo

$16.46 USD

Avg. Gross Salary

£S13,500 /mo

Min wage: -100% Venezuela vs Syria Avg. salary: -89% Venezuela vs Syria

The minimum wage in Venezuela is roughly 884 times lower than in Syria in USD terms, reflecting the gap between a upper-middle-income and a low-income economy. Average gross salaries diverge further: $14/mo in Venezuela versus $120/mo in Syria, a 8.8:1 ratio. Venezuela has the tighter labor market, with unemployment at 5.3% compared to 13.6%.

Venezuela's unemployment rate is 5.3% compared to Syria's 13.6%.

Detailed Comparison

Detailed wage comparison between Venezuela and Syria
Metric	Venezuela	Syria	Diff
Minimum wage /hr	Bs.D0.68 $0.02	—	—
Minimum wage /day	Bs.D5.42 $0.15	—	—
Minimum wage /mo	Bs.D130 $3.56	£S1,850 $16.46	-78.4%
Avg. gross salary /mo	Bs.D500 /mo $13.70	£S13,500 /mo $120.13	-88.6%
Avg. net salary /mo	N/A/mo	£S12,000 /mo $106.78	—

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.
Syria: 48 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Labour Law No. 17 of 2010 set 48 hours/week as the standard. Friday is the weekly rest day. Enforcement is impossible across most of the country due to conflict. Government employees in Damascus and other major cities are the primary remaining formal workforce.

What This Means for Workers

A minimum wage worker in Venezuela earns 88262% less per hour in USD terms than one in Syria. Standard work weeks differ: Venezuela mandates 40 hours while Syria mandates 48 hours. A minimum wage worker's weekly earnings in Venezuela are $1 vs $790 in Syria.

See this comparison from Syria's perspective: Syria 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 Syria?

In Venezuela, the minimum wage is Bs.D0.68/hr ($0.02 USD). In Syria, it is £S1,850/mo ($16.46 USD). Syria has the higher rate by 88262% 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 Syria?

The average gross salary in Venezuela is Bs.D500/mo ($13.70 USD), compared to £S13,500/mo ($120.13 USD) in Syria. In USD terms, workers in Venezuela earn approximately 777% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Venezuela and Syria is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Syria 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 Syria?

Syria has a longer standard work week at 48 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.