As for currency payments, the independent entity said that the average monthly income in the first quarter was US $ 237.
The Venezuelan Observatory of Finance (OVF) reported that the remuneration in bolivars of workers in the private sector and services of the private sector registered a 1.4 % drop in the first quarter of 2025, compared to the same period of the year 2024.
In that sense, he stressed that this setback “marks a turning point” in the recovery trend that wages had shown for the past 3 years.
“Although the private sector has continued to grant nominal increases, these have been rapidly eroded by price increase, both in bolivars and dollars,” he added.
-As for currency payments, the independent entity said that the average monthly income in the first quarter was US $ 237.
He also described the monthly remuneration according to the type of occupation: managers, US $ 531; Professionals and technicians, US $ 340 and workers and operators, US $ 217.
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