Key Facts: Yemen vs Venezuela Wages
- Yemen Minimum Wage
- ﷼21,000/mo ($88.07 USD)
- Venezuela Minimum Wage
- Bs.D0.68/hr ($0.02 USD)
- Yemen Avg. Gross Monthly Salary
- ﷼85,000 /mo ($356.45 USD)
- Venezuela Avg. Gross Monthly Salary
- Bs.D500 /mo ($13.70 USD)
- Data Sources
- ILO ILOSTAT / World Bank / Yemen economic monitors (2026-02-25), 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)
Yemen 
Venezuela
Updated 2026-05-04
The minimum wage in Yemen is roughly 4727 times higher than in Venezuela in USD terms, reflecting the gap between a low-income and a upper-middle-income economy. Average gross salaries diverge further: $356/mo in Yemen versus $14/mo in Venezuela, a 26.0:1 ratio. Venezuela has the tighter labor market, with unemployment at 5.3% compared to 17.3%.
Yemen's unemployment rate is 17.3% compared to Venezuela's 5.3%.
Detailed Comparison
| Metric | Yemen | Venezuela |
|---|---|---|
| Minimum wage /hr | — | Bs.D0.68 $0.02 |
| Minimum wage /day | — | Bs.D5.42 $0.15 |
| Minimum wage /mo | ﷼21,000 $88.07 | Bs.D130 $3.56 |
| Avg. gross salary /mo | ﷼85,000 /mo $356.45 | Bs.D500 /mo $13.70 |
| Avg. net salary /mo | ﷼75,000 /mo $314.52 | N/A/mo |
Percentage differences are based on USD equivalent values. Positive means Yemen is higher.
Work Week
- Yemen
-
48 hrs/wk standard
Max 48 hrs/wk
Overtime : 1.5x pay
Labour Law sets 48 hours/week. Thursday–Friday is the traditional weekend. Normal labour law enforcement has effectively ceased. Informal employment — petty trade, agriculture, and subsistence activities — dominates the economy.
- 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.
What This Means for Workers
A minimum wage worker moving from Venezuela to Yemen would see a 472602% increase in USD-equivalent hourly earnings. Standard work weeks differ: Yemen mandates 48 hours while Venezuela mandates 40 hours. A minimum wage worker's weekly earnings in Yemen are $4,227 vs $1 in Venezuela.
See this comparison from Venezuela's perspective: Venezuela vs Yemen
Compare Yemen with...
Yemen vs United States $ 7.25 /hr 
Yemen vs China ¥ 25 /hr 
Yemen vs Germany € 13.9 /hr 
Yemen vs United Kingdom £ 12.71 /hr 
Yemen vs India ₹ 4,576 /mo 
Yemen vs Japan ¥ 1,121 /hr 
Yemen vs France € 12.02 /hr 
Yemen vs South Korea ₩ 10,320 /hr 
Yemen vs Canada C$ 18.1 /hr 
Yemen vs Australia A$ 24.95 /hr 
Yemen vs Brazil R$ 7.37 /hr 
Yemen vs Russia ₽ 156.31 /hr 
Yemen vs Mexico MX$ 9,583.52 /mo 
Yemen vs Indonesia Rp 33,058 /hr 
Yemen vs Netherlands € 14.71 /hr 
Yemen vs Saudi Arabia ﷼ 23.08 /hr 
Yemen vs Turkey ₺ 164.94 /hr 
Yemen vs Taiwan NT$ 190 /hr 
Yemen vs Switzerland 
Yemen vs Poland zł 31.4 /hr 
Yemen vs Thailand ฿ 10,400 /mo 
Yemen vs Sweden 
Yemen vs Argentina ARS 1,762 /hr 
Yemen vs Singapore Frequently Asked Questions
Is the minimum wage higher in Yemen or Venezuela?
In Yemen, the minimum wage is ﷼21,000/mo ($88.07 USD). In Venezuela, it is Bs.D0.68/hr ($0.02 USD). Yemen has the higher rate by 472602% 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 more does the average worker earn in Yemen compared to Venezuela?
The average gross salary in Yemen is ﷼85,000/mo ($356.45 USD), compared to Bs.D500/mo ($13.70 USD) in Venezuela. In USD terms, workers in Yemen earn approximately 2502% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Yemen and Venezuela is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Yemen earn more in nominal terms, though how far that income stretches depends on local prices in Venezuela.
How do work hours compare between Yemen and Venezuela?
Yemen has a longer standard work week at 48 hours, compared to 40 hours in Venezuela. Workers in Yemen work 48 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.