In the timeframe presented, there has been a general uptick in the average monthly salary for Venezuelan employees, peaking at $230.76 USD in July 2024.

Minimum Wages in Venezuela remained unchanged at 13000000 VEF/Month in 2025 from 13000000 VEF/Month in 2024. This dataset provides - Venezuela Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Throughout the depicted period in Venezuela, there has been a disparity in the average salary across various job categories, with the highest being consistently observed for managers each month. Furthermore, wages have exhibited a gradual upward trajectory.

In the timeframe presented, there has been a general increase in the minimum wages in Venezuela. From April 2019 to May 2021, the minimum wage increased 17,500 percent. Since October 2021, the monetary expression of the Venezuelan bolivar changed by removing six zeros from the currency.

Wage and salaried workers, male (% of male employment) (modeled ILO estimate) in Venezuela was reported at 56.12 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Venezuela - Wage and salary workers; male (% of males employed) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2025.

Wage Index: PS: Service & Retail Sales Workers data was reported at 2,168.500 1997=100 in Dec 2013. This records an increase from the previous number of 1,986.300 1997=100 for Sep 2013. Wage Index: PS: Service & Retail Sales Workers data is updated quarterly, averaging 581.600 1997=100 from Mar 2003 (Median) to Dec 2013, with 44 observations. The data reached an all-time high of 2,168.500 1997=100 in Dec 2013 and a record low of 210.700 1997=100 in Mar 2003. Wage Index: PS: Service & Retail Sales Workers data remains active status in CEIC and is reported by Central Bank of Venezuela. The data is categorized under Global Database’s Venezuela – Table VE.G006: Wage Index: 1997=100.

Wage Index: PS: Other Community, Social & Personal Service Activities data was reported at 2,184.700 1997=100 in Dec 2013. This records an increase from the previous number of 1,958.800 1997=100 for Sep 2013. Wage Index: PS: Other Community, Social & Personal Service Activities data is updated quarterly, averaging 759.850 1997=100 from Mar 2003 (Median) to Dec 2013, with 44 observations. The data reached an all-time high of 2,184.700 1997=100 in Dec 2013 and a record low of 314.100 1997=100 in Mar 2003. Wage Index: PS: Other Community, Social & Personal Service Activities data remains active status in CEIC and is reported by Central Bank of Venezuela. The data is categorized under Global Database’s Venezuela – Table VE.G006: Wage Index: 1997=100.

Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2025, workers in the Central American country enjoy a basic monthly wage of over 726 U.S. dollars, an increase of 2.37 percent compared to the previous year. They also earn over 200 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than 2.50 dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.

Wage Index: Private Sector (PS) data was reported at 2,784.200 1997=100 in Dec 2013. This records an increase from the previous number of 2,540.900 1997=100 for Sep 2013. Wage Index: Private Sector (PS) data is updated quarterly, averaging 464.550 1997=100 from Mar 1998 (Median) to Dec 2013, with 64 observations. The data reached an all-time high of 2,784.200 1997=100 in Dec 2013 and a record low of 129.700 1997=100 in Mar 1998. Wage Index: Private Sector (PS) data remains active status in CEIC and is reported by Central Bank of Venezuela. The data is categorized under Global Database’s Venezuela – Table VE.G006: Wage Index: 1997=100. Data lag exhibited in the series is caused by the delay of data releases from the Central Bank of Venezuela.

Explore the progression of average salaries for graduates in Universidad Central De Venezuela from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Universidad Central De Venezuela relative to other fields. This data is essential for students assessing the return on investment of their education in Universidad Central De Venezuela, providing a clear picture of financial prospects post-graduation.

Explore the progression of average salaries for graduates in High School Graduate And Also Lawyer In Venezuela from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of High School Graduate And Also Lawyer In Venezuela relative to other fields. This data is essential for students assessing the return on investment of their education in High School Graduate And Also Lawyer In Venezuela, providing a clear picture of financial prospects post-graduation.

Venezuela'da Kişisel Gelir Vergi Oranı %34'tür. Akım değerleri, tarihsel veriler, tahminler, istatistikler, grafikler ve ekonomik takvim - Venezuela - Gelir Vergi Oranı.

Wage Index: PS: Plant & Machine Operators & Assemblers data was reported at 2,587.700 1997=100 in Dec 2013. This records an increase from the previous number of 2,344.300 1997=100 for Sep 2013. Wage Index: PS: Plant & Machine Operators & Assemblers data is updated quarterly, averaging 765.050 1997=100 from Mar 2003 (Median) to Dec 2013, with 44 observations. The data reached an all-time high of 2,587.700 1997=100 in Dec 2013 and a record low of 317.000 1997=100 in Mar 2003. Wage Index: PS: Plant & Machine Operators & Assemblers data remains active status in CEIC and is reported by Central Bank of Venezuela. The data is categorized under Global Database’s Venezuela – Table VE.G006: Wage Index: 1997=100.

A dataset that explores Green Card sponsorship trends, salary data, and employer insights for venezuela in the U.S.

Venezuela: Income from natural resources, percent of GDP: The latest value from 2014 is 11.85 percent, a decline from 17.63 percent in 2013. In comparison, the world average is 6.39 percent, based on data from 193 countries. Historically, the average for Venezuela from 1970 to 2014 is 18.56 percent. The minimum value, 5.49 percent, was reached in 1970 while the maximum of 36.48 percent was recorded in 1979.

Venezuela: Bank non-interest income to total income, in percent: The latest value from 2021 is 72.88 percent, an increase from 58.17 percent in 2020. In comparison, the world average is 38.13 percent, based on data from 133 countries. Historically, the average for Venezuela from 2000 to 2021 is 36.62 percent. The minimum value, 22.43 percent, was reached in 2014 while the maximum of 72.88 percent was recorded in 2021.

Wage and salaried workers, total (% of total employment) (modeled ILO estimate) in Venezuela was reported at 59.45 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Venezuela - Wage and salaried workers; total (% of total employed) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2025.

Venezuela: Bank cost to income ratio, in percent: The latest value from 2021 is 77.95 percent, an increase from 64.72 percent in 2020. In comparison, the world average is 54.80 percent, based on data from 133 countries. Historically, the average for Venezuela from 2000 to 2021 is 61.25 percent. The minimum value, 51.33 percent, was reached in 2014 while the maximum of 77.95 percent was recorded in 2021.

Account used to receive wages (% age 15+) in Venezuela was reported at 26.15 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Venezuela - Account used to receive wages (% age 15+) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2025.

Wage and salaried workers, female (% of female employment) (modeled ILO estimate) in Venezuela was reported at 65.22 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Venezuela - Wage and salaried workers; female (% of females employed) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2025.