Venezuela entre los salarios mínimos más bajos del mundo: estos son los países con menores ingresos Venezuela’s minimum wage has been frozen at 130 bolivars since March 2022, which has devalued to $0.36 USD as of January 26th. The country ranks among the lowest globally for minimum wages, alongside nations like Sudan, Burundi, and Cuba, sharing issues such as inflation and political instability. While the Venezuelan government offers indexed bonuses, the average income remains insufficient to cover basic living costs.

• Venezuela’s minimum wage has been 130 bolivars since March 2022.
• The current value of Venezuela’s minimum wage is $0.36 USD.
• Venezuela is among the countries with the lowest minimum wages globally.
• Other low minimum wage countries include Sudan, Burundi, Cuba, Central African Republic, Haiti, Nigeria, and Bangladesh.
• Factors contributing to low wages in Venezuela include inflation, low productivity, and political/economic instability.
• Venezuela’s government provides indexed bonuses, increasing average income to $50-$110 USD monthly.
• This average income is insufficient to cover a food basket costing over $500 USD monthly.