minwage.me

Venezuela

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Explore how minimum wage compares to Big Mac prices in Venezuela, and how many burgers you can earn with 1 hour of work.

Minimum wage (gross)
VES 0.75
/ hour
Big Mac price
VES 1,370
Burgers per hour
<0.01
You can buy about 0 burgers in 1 hour
Work time for 1 Big Mac
1826h 40m

Venezuela vs the world

How Venezuela compares with other countries and regions.

How we calculate burgers per hour

Minimum wage / hour
VES 0.75
÷
Big Mac price
VES 1,370
=
Burgers per hour
<0.01

Converted from VES 130 / month at 40 h/week

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Minimum wage (gross)

Source: WageIndicator.org (cross-checked with Banco Central de Venezuela / Decreto 4.653 de 2022) · effective Mar 15, 2022

WageIndicator.org (cross-checked with Banco Central de Venezuela / Decreto 4.653 de 2022)

Single national statutory minimum wage (no age/region/sector tiers); applies to standard adult full-time workers. Legal salario mínimo = VES 130/month, frozen since 15 March 2022 (Decreto Presidencial 4.653/2022) and still valid as of June 2026 per WageIndicator. NOTE: This base figure is what counts for pensions, prestaciones sociales (severance), social security and vacation pay. Venezuela's government separately publishes an "ingreso mínimo integral" (~US$240/month as of 1 May 2026, up from US$190), but this is paid as NON-SALARY bonuses (bono de guerra económica US$200 + cestaticket alimentación US$40) and is explicitly excluded from the legal salary base — so it is not the statutory minimum wage. Standard legal workweek is 40 hours under the LOTTT. Currency note: after the 2021 redenomination (removed 6 zeros), older databases may show 13,000,000 in the pre-2021 currency, equal to today's VES 130. At the official BCV rate the VES 130 base is worth roughly US$0.27/month.

Big Mac price: The Economist · Jan 1, 2026

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