Venezuela Minimum Monthly Wages  1989-2018 | Data | Chart | Calendar

Minimum Wages in Venezuela increased to 180000000 VEF/Month in September from 5196000 VEF/Month in June of 2018. Minimum Wages in Venezuela averaged 3419733.27 VEF/Month from 1989 until 2018, reaching an all time high of 180000000 VEF/Month in September of 2018 and a record low of 4 VEF/Month in January of 1989.

Venezuela Minimum Monthly Wages
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Venezuela Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.30 7.10 20.70 5.50 percent [+]
Employed Persons 13089081.00 13127644.00 13607057.00 8505814.00 [+]
Unemployed Persons 1035238.00 1000943.00 2406251.00 760063.00 [+]
Minimum Wages 180000000.00 5196000.00 180000000.00 4.00 VEF/Month [+]
Population 31.43 31.03 31.43 7.58 Million [+]
Employment Rate 92.67 92.92 94.47 79.30 percent [+]


Venezuela Minimum Monthly Wages

In Venezuela, minimum wage refers to the lowest gross wage per month. There is also a minimum wage set for apprentices and pensioners. A Christmas bonus - Aguinaldo -(from 15 days to 4 months' pay) and a vacation bonus are compulsory for all employees. This page provides - Venezuela Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Minimum Monthly Wages - actual data, historical chart and calendar of releases - was last updated on October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
180000000.00 5196000.00 180000000.00 4.00 1989 - 2018 VEF/Month Monthly




minimum wages by Country
Country Last
Argentina 10700.00 Oct/18
Australia 719.20 Jul/18
Brazil 954.00 Oct/18
Canada 14.00 Dec/18
China 2420.00 Apr/18
France 1498.47 Dec/18
Germany 8.84 Jan/18
Indonesia 3.60 Jan/18
Japan 848.00 Dec/18
Mexico 88.36 Sep/18
Netherlands 1594.20 Dec/18
Russia 11163.00 May/18
South Korea 7530.00 Dec/18
Spain 858.55 Dec/18
Turkey 2029.50 Jun/18
United Kingdom 7.83 Apr/18
United States 7.25 Dec/18


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