Average Salary in Venezuela 2026
Currency: VES · Updated for 2026
How much money does a person working in Venezuela make?
Average Monthly Salary
504 VES
( 6,048 VES yearly )
~ 14 USD per month ( 168 USD yearly )
LOW
144 VES
4 USD
AVERAGE
504 VES
14 USD
HIGH
1,764 VES
49 USD
A person working in Venezuela typically earns around 504 VES per month. Salaries range from 144 VES (lowest average) to 1,764 VES (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Distribution of Salaries in Venezuela
Median and salary distribution monthly Venezuela
singhyogendra.com.np
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated.
The median (432 VES) represents the middle salary value — 50% earn more and 50% earn less. The average (504 VES) is the sum of all salaries divided by the number of workers, and can be skewed by extremely high or low salaries.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
- 0–2 Years (Entry Level)3,024 VES
- 2–5 Years (Junior)3,924 VES
- 5–10 Years (Mid-Career)5,148 VES
- 10–15 Years (Experienced)6,048 VES
- 15+ Years (Senior)7,272 VES
singhyogendra.com.np
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.
Generally speaking, employees having experience from two to five years earn on average +30% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average +31% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by +17% and an additional +20% for those who have crossed the 15 years mark.
“On average, a person's salary doubles their starting salary by the time they cross the 10 years experience mark.”
Salary Comparison By Education
How does the education level affect your salary?
- High School3,636 VES
- Certificate4,248 VES
- Associate4,824 VES
- Bachelor's6,048 VES
- Master's7,272 VES
- PhD8,460 VES
singhyogendra.com.np
High School → Certificate
+17%
Certificate → Bachelor's
+42%
Bachelor's → Master's
+20%
Master's → PhD
+16%
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.
Workers with a certificate or diploma earn on average +17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn +42% more than those who only managed to attain a certificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are +20% more than those with a Bachelor's Degree.
Finally, PhD holders earn +16% more than Master's Degree holders on average.
Salary Comparison By Gender
Salary comparison by gender monthly Venezuela
singhyogendra.com.np
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Venezuela earn 10% more than their female counterparts on average across all sectors.
Average Annual Salary Increment Percentage in Venezuela
How much are annual salary increments? How often do employees get salary raises?
11%
Average Raise
14 months
Review Frequency
5%
Annualized Increase
Employees in Venezuela are likely to observe a salary increase of approximately 11% every 14 months.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
The average salary increase in one year (12 months) in Venezuela is 5%.
Bonus and Incentive Rates in Venezuela
How much and how often are bonuses being awarded?
64%
Received Bonus
36%
No Bonus
64% of surveyed staff in Venezuela reported receiving at least one form of monetary bonus.
Average Bonus Rate
9%
of annual salary
Types of Bonuses Considered:
• Individual Performance-Based Bonuses
• Company Performance Bonuses
• Goal-Based Bonuses
• Holiday / End of Year Bonuses
Top 5 Highest Paying Industries
Annual average salaries
- Legal8,172 VES
- Aviation7,848 VES
- Information Technology7,848 VES
- Banking7,560 VES
- Pharmaceuticals7,560 VES
singhyogendra.com.np
Salaries for Popular Jobs
Sample job titles and their average salaries
| Job Title | Annual Salary | Monthly Salary |
|---|---|---|
| Surgeon | 15,120 VES | 1,260 VES |
| Pilot | 12,096 VES | 1,008 VES |
| Software Developer | 10,872 VES | 900 VES |
| Data Scientist | 10,296 VES | 864 VES |
| Financial Manager | 9,684 VES | 792 VES |
| Database Administrator | 9,072 VES | 756 VES |
| Engineer | 8,460 VES | 720 VES |
| Marketing Manager | 7,848 VES | 648 VES |
| Project Manager | 7,560 VES | 648 VES |
| Accountant | 6,660 VES | 540 VES |
| Hotel Manager | 6,048 VES | 504 VES |
| Nurse | 5,436 VES | 468 VES |
| Graphic Designer | 5,148 VES | 432 VES |
| Chef | 4,536 VES | 396 VES |
| Teacher | 4,248 VES | 360 VES |
Salary Comparison By City
Average annual salaries by city
| City | Average Salary |
|---|---|
| Caracas | 6,948 VES |
| Maracaibo | 6,336 VES |
| Valencia | 6,336 VES |
| Barquisimeto | 6,336 VES |
Government vs Private Sector Salary Comparison
Where can you get paid more?
468 VES
Private Sector
540 VES
Public Sector
+15%
Public sector employees in Venezuela earn 15% more than their private sector counterparts on average across all sectors.
Average Hourly Wage in Venezuela
0 VES
per hour
The average hourly wage (pay per hour) in Venezuela is 0 VES. This means that the average person in Venezuela earns approximately 0 VES for every worked hour. Hourly Wage = Annual Salary ÷ (52 × 5 × 8)
Cost of Living in Venezuela
Estimated monthly expenses
Rent
36 VES
/month
Food
0 VES
/month
Transport
0 VES
/month
Utilities
0 VES
/month
Compare Your Salary
See how your salary compares with the average in Venezuela and explore top-paying jobs.