Minimum Monthly Wage (Local Currency) rose 0% to in Venezuela in 2015, according to National Statistical Office, National Central Bank, OECD.
Historically, Minimum Monthly Wage (Local Currency) in Venezuela reached an all time high of VEF 2,973 in 2013 and an all time low of VEF 32.0 in 1995.
Venezuela has been ranked th within the group of 30 countries we follow in terms of Minimum Monthly Wage (Local Currency), 78 places above the position seen 10 years ago.
Minimum Monthly Wage (Local Currency) | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
Bolivia | BOB | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Brazil | BRL | 465 | 510 | 545 | 622 | 678 | ||||||||||||||||
Colombia | COP | 496,900 | 515,000 | 532,500 | ... | ... | ... | ... | ||||||||||||||
Guyana | GYD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Peru | PEN | 550 | 580 | 675 | ... | ... | ... | ... | ||||||||||||||
Puerto Rico | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Suriname | SRD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Trinidad and Tobago | TTD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,560 | 1,560 | 2,167 | 2,167 | 2,167 | ... | ... | ||||
Venezuela | VEF | 968 | 1,224 | 1,548 | 2,048 | 2,973 | ... | ... |