Key Facts: Venezuela vs Uzbekistan Wages
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Uzbekistan Minimum Wage
- сўм6,838/hr ($0.56 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Uzbekistan Avg. Gross Monthly Salary
- сўм5,357,000 /mo ($439.03 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 Employment and Poverty Reduction of Uzbekistan (2026-02-25)
Venezuela
Uzbekistan
Updated 2026-05-04
The minimum wage in Venezuela is roughly 30 times lower than in Uzbekistan 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 $439/mo in Uzbekistan, a 32.0:1 ratio.
Venezuela's unemployment rate is 5.3% compared to Uzbekistan's 4.6%.
Detailed Comparison
| Metric | Venezuela | Uzbekistan |
|---|---|---|
| Minimum wage /hr | Bs.D0.68 $0.02 | сўм6,838 $0.56 |
| Minimum wage /day | Bs.D5.42 $0.15 | — |
| Minimum wage /mo | Bs.D130 $3.56 | сўм1,155,000 $94.66 |
| Minimum wage /yr | — | сўм13,860,000 $1,135.88 |
| Avg. gross salary /mo | Bs.D500 /mo $13.70 | сўм5,357,000 /mo $439.03 |
| Avg. net salary /mo | N/A/mo | сўм4,714,000 /mo $386.33 |
| Median individual income /yr | N/A/yr | сўм30,000,000 /yr $2,458.61 |
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.
- Uzbekistan
-
40 hrs/wk standard
Max 40 hrs/wk
Overtime : 2x pay
Labour Code sets standard workweek at 40 hours. Reduced hours (36 hrs) for workers aged 16-18, hazardous conditions, and night work. Overtime limited to 4 hours per day and 120 hours per year. Overtime is compensated at double rate. 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 2908% less per hour in USD terms than one in Uzbekistan.
See this comparison from Uzbekistan's perspective: Uzbekistan vs Venezuela
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Frequently Asked Questions
Is the minimum wage higher in Venezuela or Uzbekistan?
In Venezuela, the minimum wage is Bs.D0.68/hr ($0.02 USD). In Uzbekistan, it is сўм6,838/hr ($0.56 USD). Uzbekistan has the higher rate by 2908% 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 Uzbekistan?
The average gross salary in Venezuela is Bs.D500/mo ($13.70 USD), compared to сўм5,357,000/mo ($439.03 USD) in Uzbekistan. In USD terms, workers in Venezuela earn approximately 3105% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Venezuela and Uzbekistan is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Uzbekistan 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 Uzbekistan?
Both Venezuela and Uzbekistan 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.