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Minimum wages in Venezuela from January 2019 to July 2024 (in Venezuelan bolivar)

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Source

Release date

October 2024

Region

Venezuela

Survey time period

January 2019 to July 2024

Supplementary notes

*Since October 2021, the Venezuelan bolivar had a new monetary expression that removed six zeros from the currency.

Release date is the date of access to the data. 

Citation formats

Minimum wage in Venezuela 2019-2024

Published by S. Galan, Jan 20, 2026

In the timeframe presented, there has been a general increase in the minimum wage in Venezuela. From April 2019 to May 2021, the minimum wage increased by * percent. Since October 2021, the monetary expression of the Venezuelan bolivar changed by removing *** zeros from the currency. However, the minimum wage has remained unchanged at *** bolivars per month since its last adjustment in March 2022.

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Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
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Starter Account

For single users
$199 USD
per month, billed annually 1
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  • Premium Statistics

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1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

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