Minimum Wages in Bolivia increased to 2164 BOB/Month in 2021 from 2122 BOB/Month in 2020. source: Instituto Nacional de Estadística de Bolivia

Minimum Wages in Bolivia averaged 1117.33 BOB/Month from 2001 until 2021, reaching an all time high of 2164 BOB/Month in 2021 and a record low of 400 BOB/Month in 2001. This page provides - Bolivia Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bolivia Minimum Monthly Wage - values, historical data and charts - was last updated on September of 2021.

Minimum Wages in Bolivia is expected to reach 2500.00 BOB/Month by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bolivia Minimum Monthly Wage is projected to trend around 2500.00 BOB/Month in 2022, according to our econometric models.

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Bolivia Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
2164.00 2122.00 2164.00 400.00 2001 - 2021 BOB/Month Yearly

Bolivia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.60 3.60 6.00 2.10 percent [+]
Minimum Wages 2164.00 2122.00 2164.00 400.00 BOB/Month [+]
Population 11.68 11.51 11.68 3.35 Million [+]
Labor Force Participation Rate 75.30 73.70 75.30 61.10 percent [+]
Employed Persons 6145039.00 5996501.00 6145039.00 3637048.00 Number of persons [+]
Employment Rate 72.00 70.60 72.00 59.40 percent [+]
Unemployed Persons 352771.00 400193.00 400193.00 116111.00 Number of persons [+]

Bolivia Minimum Monthly Wage
In Bolivia, the minimum wage is the lowest monthly salary allowed by the Central Government.