Average income in Venezuela
Income per person in Venezuela is $20,840 a year (GNI per capita, PPP, 2011), about $1,737 a month. That is 0.8 times the world figure of $25,517 and puts Venezuela 88th of 187 countries.
Key numbers
The latest figure the World Bank publishes for Venezuela is from 2011. The economy has very likely changed since then, so treat the number and the rank as a historical marker rather than a current reading.
Venezuela among its neighbours
What this number is, and is not
GNI per capita is Venezuela's gross national income divided by its population. National income is everything residents earn in a year: wages, company profits, rent, interest, plus net income from abroad. Dividing by every resident, including children and pensioners, gives $20,840. The PPP conversion prices it in international dollars, so a dollar here buys roughly what a dollar buys in the United States.
It is not a median salary, and it is not take-home pay. It is before tax, it includes income that never reaches a payslip, and it is an average, which the highest earners pull upwards. The typical worker in Venezuela earns less than $20,840. How much less depends on inequality and on how many residents are of working age, neither of which this one number shows.
Venezuela is below the world figure of $25,517 and has 15% of the income per person of Singapore, the top of our list at $135,750.
Questions
- What is the average income in Venezuela?
- $20,840 per person per year, measured as GNI per capita at purchasing power parity (World Bank, 2011). Spread over twelve months that is about $1,737. It is the country's total income divided by every resident, including children and retirees, so it is a national average rather than a wage.
- Is $20,840 what a typical worker in Venezuela earns?
- No. The figure is before tax, counts company profits and rents as well as wages, and is averaged over the whole population. The median worker takes home less than this in every country, because a small number of high earners pull the average up. For an individual's position in Venezuela's income distribution, use the income test on this site.
- How does Venezuela compare to Suriname?
- Suriname ranks 87th at $21,000, $160 more per person than Venezuela. Against the world figure of $25,517, Venezuela is 0.8 times it and Suriname is 0.8 times it.
Source: World Bank, World Development Indicators, GNI per capita, PPP (current international $), latest year per country (fetched 2026-10-26). Figures are national averages per resident, not median salaries.
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