BOLIVIA

Bolivia

THE OFFICIAL SALARY IN BOLIVIA IN 2022:

Average salary – 4,319 bolivianos per month ($630)

Minimum wage – 2,164 bolivianos per month ($315)

Source: Bolivian National Institute of Statistics - ine.gob.bo

Bolivia is located in central South America and is landlocked. It shares borders with Brazil in the north and north-east, with Paraguay in the south-east, with Argentina in the south, with Chile and Peru in the south-west and west.

INFORMATION ABOUT BOLIVIA (2022) 
Population 11,9 million
Average life expectancy  72 years
Unemployment rate 5.6%
Inflation  0.7%
Square 1,099,000 km²
Form of government Presidential republic
Income tax 13%
Capital Sucre
Currency Boliviano
Official Language Spanish and 33 other languages
Doing Business rank 150
© 2020–2022 WageCentre.com. All Rights Reserved.