Bolivia Minimum Monthly Wage  Forecast 2016-2020

Minimum Wages in Bolivia is expected to be 1954.44 BOB/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bolivia Minimum Monthly Wage is projected to trend around 2451.37 BOB/Month in 2020, according to our econometric models.

Bolivia Minimum Monthly Wage
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Bolivia Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 7.4 7.3 7.3 7.7 7.7 8.5
Minimum Wages 2000 1954 1954 2114 2167 2451
Population 10.99 11.1 11.14 11.18 11.22 11.61
Employment Rate 52.82 51.58 51.52 51.47 51.41 50.82