Low pay rate in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Low pay rate was 30.09 in 2017. ▬ Flat
Low pay rate in Venezuela, Bolivarian Republic of, 1995–2017
Source: International Labour Organization.
Analysis
Venezuela, Bolivarian Republic of recorded 30.09 for low pay rate in 2017. That is the highest value across all 20 years on record.
That represents a change of up 34.8% on the previous year and up 68.3% over ten years.
Over the whole period, low pay rate in Venezuela, Bolivarian Republic of peaked at 30.09 in 2017 and was at its lowest, 12.3, in 1999.
That places Venezuela, Bolivarian Republic of 14th out of 84 countries with data for 2017, putting it in the top quarter.
Low pay rate in Venezuela, Bolivarian Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 25.8 | — |
| 1996 | 29.4 | +14.0% |
| 1997 | 19.6 | -33.3% |
| 1998 | 18 | -8.2% |
| 1999 | 12.3 | -31.7% |
| 2000 | 14.9 | +21.1% |
| 2001 | 14.9 | +0.0% |
| 2002 | 19.4 | +30.2% |
| 2003 | 21.3 | +9.8% |
| 2004 | 23.9 | +12.2% |
| 2005 | 22.65 | -5.2% |
| 2006 | 20.07 | -11.4% |
| 2007 | 17.88 | -10.9% |
| 2008 | 17.93 | +0.2% |
| 2009 | 17.62 | -1.7% |
| 2010 | 13.87 | -21.2% |
| 2011 | 15.47 | +11.5% |
| 2012 | 16.35 | +5.7% |
| 2016 | 22.32 | +36.5% |
| 2017 | 30.09 | +34.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.02 | 12.3 | 29.4 | 5 |
| 2000s | 19.05 | 14.9 | 23.9 | 10 |
| 2010s | 19.62 | 13.87 | 30.09 | 5 |
Countries ranked near Venezuela, Bolivarian Republic of
- 11 Rwanda 32.09
- 12 Palestine, State of 30.78
- 13 Timor-Leste 30.16 compare
- 15 Honduras 29.74 compare
- 16 South Africa 29.54 compare
- 17 Malaysia 28.3 compare
More gender data for Venezuela, Bolivarian Republic of
- Child population (UN estimates and projections) 6,517 (2030)
- Child population (UN estimates and projections) (0-14), annual growth -1.32 % change on previous year (2030)
- Age population, age 00, female, interpolated 207,912 (2025)
- Age population, age 00, male, interpolated 218,340 (2025)
- Age population, age 01, female, interpolated 204,155 (2025)
- Age population, age 01, male, interpolated 214,388 (2025)
- Age population, age 02, female, interpolated 200,986 (2025)
- Age population, age 02, male, interpolated 211,074 (2025)
- Age population, age 03, female, interpolated 199,904 (2025)
- Age population, age 03, male, interpolated 210,108 (2025)
Frequently asked questions
- What is low pay rate in Venezuela, Bolivarian Republic of?
- Low pay rate in Venezuela, Bolivarian Republic of was 30.09 in 2017, according to International Labour Organization.
- What is the highest low pay rate recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 30.09 in 2017.
- What is the lowest low pay rate recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 12.3 in 1999.
- How does Venezuela, Bolivarian Republic of rank for low pay rate?
- Venezuela, Bolivarian Republic of ranks 14th out of 84 countries with data for 2017.
- Is low pay rate rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 68.3%. The long-run trend across the full record is flat.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from International Labour Organization, published as part of Low pay rate. Statizoid updates them automatically from the source API.
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This measure of earnings dispersion refers to the proportion of employees whose hourly earnings at all jobs were less than two-thirds of median hourly earnings. For more information, refer to the Wages and Working Time Statistics (COND) database description.