BOLIVIA

Bolivia

THE OFFICIAL SALARY IN BOLIVIA IN 2020:

Average salary – 4,319 bolivianos per month ($610)

Minimum wage – 2,122 bolivianos per month ($300)

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 (2020) 
Population 11,7 million
Average life expectancy  71.5 years
Unemployment rate 3.4%
Inflation  1.3%
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
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