Key Facts: Venezuela vs Tunisia Wages
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Tunisia Minimum Wage
- TND2.31/hr ($0.74 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Tunisia Avg. Gross Monthly Salary
- TND1,200 /mo ($383.39 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 des Affaires Sociales / SMIG/SMAG decrees (2026-02-24)
Venezuela
Tunisia
Updated 2026-05-04
The minimum wage in Venezuela is roughly 40 times lower than in Tunisia 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 $383/mo in Tunisia, a 28.0:1 ratio. Venezuela has the tighter labor market, with unemployment at 5.3% compared to 15.1%.
Venezuela's unemployment rate is 5.3% compared to Tunisia's 15.1%.
Detailed Comparison
| Metric | Venezuela | Tunisia |
|---|---|---|
| Minimum wage /hr | Bs.D0.68 $0.02 | TND2.31 $0.74 |
| Minimum wage /day | Bs.D5.42 $0.15 | TND16 $5.11 |
| Minimum wage /mo | Bs.D130 $3.56 | TND480 $153.35 |
| Minimum wage /yr | — | TND5,760 $1,840.26 |
| Avg. gross salary /mo | Bs.D500 /mo $13.70 | TND1,200 /mo $383.39 |
| Avg. net salary /mo | N/A/mo | TND1,020 /mo $325.88 |
| Median individual income /yr | N/A/yr | TND7,200 /yr $2,300.32 |
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.
- Tunisia
-
48 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.75x pay
Labour Code allows both 48-hour and 40-hour regimes depending on sector and collective agreements. Most industrial/services workers are on 48 hours. Overtime surcharge: 75% for daytime hours beyond standard. Night and holiday overtime receive higher premiums. The 40-hour regime is increasingly common in services and offices.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker in Venezuela earns 3860% less per hour in USD terms than one in Tunisia. Standard work weeks differ: Venezuela mandates 40 hours while Tunisia mandates 48 hours. A minimum wage worker's weekly earnings in Venezuela are $1 vs $35 in Tunisia.
See this comparison from Tunisia's perspective: Tunisia vs Venezuela
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Frequently Asked Questions
Is the minimum wage higher in Venezuela or Tunisia?
In Venezuela, the minimum wage is Bs.D0.68/hr ($0.02 USD). In Tunisia, it is TND2.31/hr ($0.74 USD). Tunisia has the higher rate by 3860% 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 Tunisia?
The average gross salary in Venezuela is Bs.D500/mo ($13.70 USD), compared to TND1,200/mo ($383.39 USD) in Tunisia. In USD terms, workers in Venezuela earn approximately 2699% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Venezuela and Tunisia is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Tunisia 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 Tunisia?
Tunisia 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.