Job Market Overview: Employment Statistics in Venezuela

    Understanding Venezuela's job market is crucial for both job seekers and employers. The country's current employment indicators show:


    Key Metric Current Status
    Total Population 28.435.943 residents
    Employment Rate 44.2% (below OECD average)
    Unemployment Rate 50.6% (moderately competitive market)
    Workforce Size 12.568.687 active workers

    These Venezuela employment statistics reveal a balanced labor market where candidates should highlight specialized skills. The 44.2% employment rate suggests moderate job availability across sectors.

    Living & Working in Venezuela: Economic Insights

    Before relocating or applying for jobs in Venezuela, consider these key economic factors:

    Economic Indicator Value Comparison to U.S.
    Average Monthly Salary 186,14 USD 4% of U.S. average (significantly lower)
    Purchasing Power 18.7 moderate compared to U.S. (100)
    Source: World Bank, Numbeo - Last updated May 2025

    With 18.7 purchasing power, salaries in Venezuela provide adequate but budget-conscious lifestyles. The average monthly salary of 186,14 USD is particularly attractive in the Oil sector.

    Top Industries & Job Opportunities in VE

    Venezuela's thriving job market spans these key sectors:

    Leading Industry Oil (growing at 5% annually)
    Emerging Sector Manufacturing (25% of workforce)
    Service Sector Services, Trade (60% of GDP)
    Major Employers PDVSA, Mercantil Servicios Financieros, Banco de Venezuela (hiring year-round)

    Job seekers should focus on Oil for the most opportunities, while Manufacturing offers growth potential. Major companies like PDVSA, Mercantil Servicios Financieros, Banco de Venezuela frequently post openings for skilled professionals.


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    Working in Venezuela - FAQs

    1. What's the employment situation in Venezuela?

    With a population of 28,435,943 and an employment rate of 44.2%, Venezuela offers a growing job market. The unemployment rate currently stands at 50.6%.

    2. Which are the top companies in Venezuela?

    The leading employers in Venezuela include PDVSA, Mercantil Servicios Financieros, Banco de Venezuela. These companies offer diverse opportunities across multiple sectors.

    3. How far does salary go in Venezuela?

    The purchasing power ratio in Venezuela is 18.7, meaning cost of living should be carefully considered when evaluating job offers.

    4. How can I find jobs in Venezuela?

    Search our listings filtered for Venezuela. Focus on industries where PDVSA, Mercantil Servicios Financieros, Banco de Venezuela are active, and consider that the 44.2% employment rate suggests moderate competition for positions.

    5. What should I know about working in Venezuela?

    With PDVSA, Mercantil Servicios Financieros, Banco de Venezuela as major employers, the job market tends to favor Manufacturing and Services, Trade.

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