BOLIVIA
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THE OFFICIAL SALARY IN BOLIVIA IN 2023:Average salary – 4,000–5,000 bolivianos per month ($580–725) Minimum wage – 2,250 bolivianos per month ($325) 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 (2023)Â | |
Population | 12,1 million |
Average life expectancy | 71 years |
Unemployment rate | 6.9% |
Inflation | 2.5% |
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 |