Liberia vs Venezuela, Bolivarian Republic of: Monthly minimum wage
Monthly minimum wage over time
- Liberia
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 130 against 91 in Liberia, a difference of 39.
That makes Venezuela, Bolivarian Republic of's figure about 1.4 times Liberia's.
Across all 7 years both countries report, Venezuela, Bolivarian Republic of has been ahead every year.
Liberia ranks 168th and Venezuela, Bolivarian Republic of ranks 166th of 173 countries.
Venezuela, Bolivarian Republic of has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Liberia | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 91 | 5.85 million | 5.85 million | Venezuela, Bolivarian Republic of |
| 2020s | 91 | 9.40 million | 9.40 million | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monthly minimum wage, Liberia or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 130 against 91 in Liberia as of 2024.
- What is the difference in monthly minimum wage between Liberia and Venezuela, Bolivarian Republic of?
- 39, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Liberia and Venezuela, Bolivarian Republic of?
- 7 years are reported by both, from 2018 to 2024.
- How do Liberia and Venezuela, Bolivarian Republic of rank globally for monthly minimum wage?
- Liberia ranks 168th and Venezuela, Bolivarian Republic of ranks 166th of 173 countries.
- Where does this data come from?
- International Labour Organization, published as Monthly minimum wage. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Data refer to the minimum monthly earnings of all employees as of December 31st of each year. Minimum wages are not reported for countries for which collective bargaining is in place for minimum wages. In cases where a national minimum wage is not mandated, the minimum wage in place in the capital or major city is used. In some cases, an average of multiple regional minimum wages is used. In countries where the minimum wage is set at the sectoral level or occupational level, the minimum wage for manufacturing or unskilled workers is generally applied. Data are converted to U.S. dollars as the common currency, using exchange rates or purchasing power parity (PPP) rates rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.