Venezuela
#92 globallyLatin AmericaAverage salary: $4,000/year Β· Currency: VES Bs.
Mean Annual Salary
$4,000
gross USD
Median Annual Salary
$2,800
gross USD
GDP per Capita
$1,580
current USD
PPP Factor
Γ0.28
vs USD base
Tax Breakdown at Median Salary
EstimatedTake-Home (Net) Annual
$2,380
Effective Tax Rate
15.0%
* Based on median salary of $2,800. Estimated combined rate. Consult a tax professional for accurate calculations.
Estimated Salaries by Job in Venezuela
Surgeon
Psychiatrist
Doctor / Physician
Investment Banker
Cloud Architect
AI/ML Engineer
Dentist
Judge
Product Manager
Actuary
* Estimates based on global median Β· actual salaries vary
π»πͺ Venezuela Economic Overview
Currency
VES (Bs.)
Region
Latin America
Population
28.0M
Gini Coefficient
0.446
Cost of Living Index
28 (US=100)
Tax Data Available
Estimated
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About Salaries in Venezuela
The average annual salary in Venezuela is approximately $4,000 (gross, in USD), with a median of $2,800. The country ranks #92 out of 117 countries by average salary.
At the median salary, workers in Venezuela take home approximately $2,380 after taxes β an effective tax rate of 15.0%. The purchasing power parity factor of Γ0.28 means that in real terms, living costs are lower than in the United States.
Venezuela is located in the Latin America region. Income inequality, measured by the Gini coefficient, is 0.446 (high inequality).