BOLIVIA

Bolivia

THE OFFICIAL SALARY IN BOLIVIA IN 2025:

Average salary – 4,000–5,000 bolivianos per month ($560–700)

Minimum wage – 2,500 bolivianos per month ($350)

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 (2025) 
Population 12.5 million
Average life expectancy  71 years
Unemployment rate 2.7%
Inflation  13.2%
Area 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
© 2020–2025 WageCentre.com. All Rights Reserved.