Whats the minimum and average salary in Colombia,Venezuela,Argentina and other Latino-American countries?
Argentina would probably be about US$5,000 per year Colombia closer to $2,500 Venezuela is tricky, it is probably lower but the high level of state oil revenues makes citizens live better than in other countries without as much oil.. It’s probably close to $3,000 or so, but the GDP per capita is much higher. Interestingly, I saw a book from the 1940’s on Latin America and they had a chapter on Venezuela and its economy and the author was saying that the salaries were astoundingly high and a secretary could make US$4,000 per year. After 60+ years and a lot of worldwide inflation, they may even make less in nominal terms today.
