Monthly minimum wage (Local currency), per capita in Venezuela
Venezuela: Monthly minimum wage (Local currency), per capita was 0 units per person in 2024. ◆ Volatile
Monthly minimum wage (Local currency), per capita in Venezuela, 1995–2024
Source: Statizoid (derived). Measured in units per person.
Analysis
In 2024, monthly minimum wage (local currency), per capita in Venezuela stood at 0 units per person.
The figure is down 0.4% on the previous year and down 95.4% over ten years.
Over the whole period, monthly minimum wage (local currency), per capita in Venezuela peaked at 1.41 units per person in 2020 and was at its lowest, 0 units per person, in 1995.
Venezuela ranks 165th of 170 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), per capita in Venezuela, year by year
| Year | units per person | Change |
|---|---|---|
| 1995 | 0 units per person | — |
| 1996 | 0 units per person | +62.2% |
| 1997 | 0 units per person | +38.6% |
| 1998 | 0 units per person | +30.7% |
| 1999 | 0 units per person | +17.7% |
| 2000 | 0 units per person | +17.7% |
| 2001 | 0 units per person | +7.7% |
| 2002 | 0 units per person | +18.1% |
| 2003 | 0 units per person | +27.7% |
| 2004 | 0 units per person | +27.7% |
| 2005 | 0 units per person | +24.1% |
| 2006 | 0 units per person | +24.4% |
| 2007 | 0 units per person | +18.3% |
| 2008 | 0 units per person | +28.0% |
| 2009 | 0 units per person | +19.5% |
| 2010 | 0 units per person | +24.8% |
| 2011 | 0.0001 units per person | +24.9% |
| 2012 | 0.0001 units per person | +30.6% |
| 2013 | 0.0001 units per person | +43.4% |
| 2018 | 0.0151 units per person | +15089.3% |
| 2019 | 0.3888 units per person | +2475.1% |
| 2020 | 1.41 units per person | +261.7% |
| 2021 | 0.2479 units per person | -82.4% |
| 2022 | 0 units per person | -100.0% |
| 2023 | 0 units per person | -0.3% |
| 2024 | 0 units per person | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 units per person | 0 units per person | 0 units per person | 5 |
| 2000s | 0 units per person | 0 units per person | 0 units per person | 10 |
| 2010s | 0.0674 units per person | 0 units per person | 0.3888 units per person | 6 |
| 2020s | 0.3308 units per person | 0 units per person | 1.41 units per person | 5 |
Countries ranked near Venezuela
More work & labour data for Venezuela
- Persons outside the labour force (ILO modelled estimates) 10,601 (2027)
- Labour force participation rate (ILO modelled estimates) 51.65 (2027)
- Labour force (ILO modelled estimates) 11,326 (2027)
- Employment-to-population ratio (ILO modelled estimates) 48.69 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.43 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.9762 % change on previous year (2027)
- Legislation on sexual harassment in employment 1 (2023)
- Criminal penalties or civil remedies sexual harassment in employment 1 (2023)
- Women can take the same jobs as men 1 (2023)
- Labor force participation rate, total (% of total population ages 15+) 51.9% (2025)
Frequently asked questions
- What is monthly minimum wage (local currency), per capita in Venezuela?
- Monthly minimum wage (local currency), per capita in Venezuela was 0 units per person in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), per capita recorded in Venezuela?
- The highest recorded value was 1.41 units per person in 2020.
- What is the lowest monthly minimum wage (local currency), per capita recorded in Venezuela?
- The lowest recorded value was 0 units per person in 1995.
- How does Venezuela rank for monthly minimum wage (local currency), per capita?
- Venezuela ranks 165th out of 170 countries with data for 2024.
- Is monthly minimum wage (local currency), per capita rising or falling in Venezuela?
- Over the last ten years it is down 95.4%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Monthly minimum wage (Local currency) ÷ Population, total
Computed from
- Monthly minimum wage International Labour Organization
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.