Venezuela Minimum Wage Rates 2019

venezuela minimum wage

Minimum Wage in Venezuela: Irregular due to economic crisis. Average 200 – 300 USD.

Venezuela Average Annual Salary – 2019

Based on our survey average GROSS salary in Venezuela is VEF 442,247. Average NET salary is VEF 348,451.

1 VEF: 0.1 USD

Engineer VEF 208,833
General Manager VEF 420,000
Software Developer VEF 361,250
IT Manager VEF 593,333
Graphic Designer VEF 154,900
Corporate Counsel Lawyer VEF 528,000
Electrical Engineer VEF 132,000

Facts and statistics about Venezuela


At the northern end of South America the country Venezuela is located. The country is surrounded by Guyana to the east, by The Atlantic Ocean and Caribbean Sea to the north, by Brazil to the south, and by Colombia to the west and southwest. Caracas is the national capital of the country. This city is the primary centre of commerce, industry, education, and tourism of Venezuela.

The temperature of the country is uniform relatively with little seasonal variation. The climatic year are divided into two seasons such as the wet season and the dry season. The national language of the majority is Spanish.

Capital Caracas
Official languages Spanish
Area Total 916,445 km2
Population 31,568,179
GDP (Nominal) $96 billion
Per capita $3,300
Currency Bolívar Soberano (VES)
Internet TLD .ve
Calling code +58


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