Venezuela Minimum Monthly Wages  1989-2017 | Data | Chart | Calendar

Minimum Wages in Venezuela increased to 104358 VEF/Month in January of 2017 from 90812.10 VEF/Month in October of 2016. Minimum Wages in Venezuela averaged 10027.72 VEF/Month from 1989 until 2017, reaching an all time high of 104358 VEF/Month in January of 2017 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 [+]
Wages 1881.49 1478.46 1881.49 41.36 VEF/Month [+]
Minimum Wages 104358.00 90812.10 104358.00 4.00 VEF/Month [+]
Population 31.03 30.62 31.03 7.58 Million [+]
Employment Rate 92.67 92.92 94.47 79.30 percent [+]



Venezuela Minimum Monthly Wages Notes

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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
104358.00 90812.10 104358.00 4.00 1989 - 2017 VEF/Month Monthly



Last
Albania 22000.00 Dec/16
Angola 15003.00 Dec/17
Argentina 8062.00 Mar/17
Armenia 55000.00 Jul/17
Australia 672.70 Jan/17
Azerbaijan 116.00 Jan/17
Belarus 265.00 Jan/17
Belgium 1531.93 Jun/17
Bolivia 1805.00 Dec/16
Brazil 937.00 Mar/17
Bulgaria 235.20 Jun/17
Cambodia 153.00 Jan/17
Canada 11.40 Jan/17
Chile 265000.00 Jan/17
China 2190.00 Jan/17
Costa Rica 4968.51 Feb/17
Croatia 433.35 Jun/17
Czech Republic 407.09 Jun/17
Egypt 1200.00 Jan/17
Estonia 470.00 Jun/17
France 1480.27 Jun/17
Germany 8.84 Jan/17
Greece 683.76 Jun/17
Hong Kong 34.50 May/17
Hungary 411.52 Jun/17
Indonesia 3.35 Jan/17
Ireland 1563.25 Jun/17
Israel 5000.00 Jan/17
Japan 823.00 Dec/17
Kazakhstan 24459.00 Jan/17
Kyrgyzstan 1140.00 Dec/17
Latvia 380.00 Jun/17
Lithuania 380.00 Jun/17
Luxembourg 1998.59 Jun/17
Macedonia 231.40 Jun/17
Malaysia 1000.00 Dec/16
Malta 735.63 Jun/17
Mexico 80.04 Feb/17
Montenegro 288.05 Jun/17
Mozambique 3298.00 Apr/16
Myanmar 3600.00 Dec/16
Netherlands 1551.60 Jun/17
New Zealand 15.75 Apr/17
Papua New Guinea 140.00 Dec/16
Paraguay 1964.51 Jan/17
Peru 850.00 Feb/17
Poland 453.48 Jun/17
Portugal 649.83 Jun/17
Romania 275.39 Jun/17
Russia 7500.00 Jan/17
Serbia 249.69 Jun/17
Slovakia 435.00 Jun/17
Slovenia 804.96 Jun/17
South Korea 6470.00 Jan/17
Spain 825.65 Jun/17
Taiwan 21009.00 Dec/17
Thailand 305.00 Dec/17
Turkey 1777.50 Jan/17
United Kingdom 7.20 Jan/17
United States 7.25 Dec/17
Venezuela 104358.00 Jan/17
Vietnam 3750.00 Jan/17