Median earnings per hour, aged 15-64, local currency values, primary in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Median earnings per hour, aged 15-64, local currency values, primary was 2,844 in 2006. ◆ Volatile

Latest (2006)
2,844
Change on year
up 36.7%
World rank
5th
of 69 countries
All-time high
2,844
in 2006
All-time low
25
in 1989
Years of data
10
1989–2006

Median earnings per hour, aged 15-64, local currency values, primary in Venezuela, Bolivarian Republic of, 1989–2006

01.0k2.0k3.0k1989199720061989: 251992: 52.51995: 1561998: 610.82000: 772.62001: 866.52002: 1.0k2004: 1.5k2005: 2.1k2006: 2.8k

Source: World Bank.

Analysis

Venezuela, Bolivarian Republic of recorded 2,844 for median earnings per hour, aged 15-64, local currency values, primary in 2006. That is the highest value across all 10 years on record.

That represents a change of up 36.7% on the previous year and up 1,723.2% over ten years.

Over the whole period, median earnings per hour, aged 15-64, local currency values, primary in Venezuela, Bolivarian Republic of peaked at 2,844 in 2006 and was at its lowest, 25, in 1989.

Venezuela, Bolivarian Republic of ranks 5th of 69 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Median earnings per hour, aged 15-64, local currency values, primary in Venezuela, Bolivarian Republic of, year by year

Annual values for Median earnings per hour, aged 15-64, local currency values, primary education and below in Venezuela, Bolivarian Republic of, 1989 to 2006.
Year Value Change
1989 25
1992 52.5 +110.0%
1995 156.01 +197.2%
1998 610.76 +291.5%
2000 772.63 +26.5%
2001 866.49 +12.1%
2002 1,016 +17.3%
2004 1,550 +52.5%
2005 2,080 +34.3%
2006 2,844 +36.7%

Averages by decade

DecadeAverage LowestHighest Years
1980s 25 25 25 1
1990s 273.09 52.5 610.76 3
2000s 1,522 772.63 2,844 6

Countries ranked near Venezuela, Bolivarian Republic of

  1. 2 Indonesia 8,928 compare
  2. 3 Republic of Korea 8,209 compare
  3. 4 Colombia 3,921 compare
  4. 6 Chile 1,534 compare
  5. 7 Costa Rica 1,339 compare
  6. 8 Tanzania, United Republic of 1,031 compare

See the full ranking of 69 places →

More reference data data for Venezuela, Bolivarian Republic of

All data for Venezuela, Bolivarian Republic of →

Frequently asked questions

What is median earnings per hour, aged 15-64, local currency values, primary in Venezuela, Bolivarian Republic of?
Median earnings per hour, aged 15-64, local currency values, primary in Venezuela, Bolivarian Republic of was 2,844 in 2006, according to the World Bank.
What is the highest median earnings per hour, aged 15-64, local currency values, primary recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 2,844 in 2006.
What is the lowest median earnings per hour, aged 15-64, local currency values, primary recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 25 in 1989.
How does Venezuela, Bolivarian Republic of rank for median earnings per hour, aged 15-64, local currency values, primary?
Venezuela, Bolivarian Republic of ranks 5th out of 69 countries with data for 2006.
Is median earnings per hour, aged 15-64, local currency values, primary rising or falling in Venezuela, Bolivarian Republic of?
Over the last ten years it is up 1,723.2%. The long-run trend across the full record is volatile.
Where does this Venezuela, Bolivarian Republic of data come from?
The figures come from the World Bank, published as part of Median earnings per hour, aged 15-64, local currency values, primary education and below. Statizoid updates them automatically from the source API.

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Median earnings per hour, aged 15-64, local currency values, primary in Venezuela, Bolivarian Republic of. Statizoid. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/median-earnings-per-hour-aged-15-64-local-currency-values-primary-education-and-below/venezuela-rb/

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About this data

Indicator
Median earnings per hour, aged 15-64, local currency values, primary education and below
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
69 places, 911 data points, 1970–2021
Last refreshed