Monthly minimum wage, per capita in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Monthly minimum wage, per capita was 0 units per person in 2024. ◆ Volatile
Monthly minimum wage, per capita in Venezuela, Bolivarian Republic of, 1995–2024
Source: Statizoid (derived). Measured in units per person.
Analysis
The most recent figure for monthly minimum wage, per capita in Venezuela, Bolivarian Republic of is 0 units per person, measured in 2024.
The figure is down 0.4% on the previous year and down 95.4% over ten years.
Over the whole period, monthly minimum wage, per capita in Venezuela, Bolivarian Republic of peaked at 1.41 units per person in 2020 and was at its lowest, 0 units per person, in 1995.
Venezuela, Bolivarian Republic of ranks 166th 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, per capita in Venezuela, Bolivarian Republic of, 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, Bolivarian Republic of
More work & labour data for Venezuela, Bolivarian Republic of
- 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 (1=yes; 0=no) (2023)
- Criminal sanctions or compensation for workplace sexual harassment 1 (1=yes; 0=no) (2023)
- Women can take the same jobs as men 1 (1=yes; 0=no) (2023)
- Labor force participation rate, total (% of total population ages 15+) 51.9% (2025)
Frequently asked questions
- What is monthly minimum wage, per capita in Venezuela, Bolivarian Republic of?
- Monthly minimum wage, per capita in Venezuela, Bolivarian Republic of was 0 units per person in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage, per capita recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 1.41 units per person in 2020.
- What is the lowest monthly minimum wage, per capita recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0 units per person in 1995.
- How does Venezuela, Bolivarian Republic of rank for monthly minimum wage, per capita?
- Venezuela, Bolivarian Republic of ranks 166th out of 170 countries with data for 2024.
- Is monthly minimum wage, per capita rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 95.4%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage, 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 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 ÷ 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.