BOLIVIA
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THE OFFICIAL SALARY IN BOLIVIA IN 2024:Average salary – 4,000–5,000 bolivianos per month ($580–725) Minimum wage – 2,500 bolivianos per month ($360) 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. |
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| INFORMATION ABOUT BOLIVIA (2024)Â | |
| Population | 12,5 million |
| Average life expectancy | 71 years |
| Unemployment rate | 3.5% |
| Inflation | 3.5% |
| 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 |
