Minimum Wages in Venezuela increased to 12600000 VEF/Month in March from 7000000 VEF/Month in May of 2021. source: Venezuela Central Bank
Minimum Wages in Venezuela averaged 499521.30 VEF/Month from 1989 until 2022, reaching an all time high of 12600000 VEF/Month in March of 2022 and a record low of 4 VEF/Month in January of 1989. This page provides - Venezuela Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Minimum Monthly Wages - values, historical data and charts - was last updated on December of 2022.
Minimum Wages in Venezuela is expected to be 12600000.00 VEF/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Venezuela Minimum Monthly Wages is projected to trend around 12600000.00 VEF/Month in 2023, according to our econometric models.