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 June of 2022.

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

Related Last Previous Unit Reference
Unemployment Rate 6.90 5.60 percent Dec 2021
Minimum Wages 2164.00 2122.00 BOB/Month Dec 2021
Population 11.83 11.68 Million Dec 2021
Unemployed Persons 256920.00 311813.00 Number of persons Dec 2021
Labor Force Participation Rate 78.20 77.26 percent Dec 2021
Employment Rate 75.20 73.60 percent Dec 2021
Employed Persons 6487235.00 6318408.00 Number of persons Dec 2021

Bolivia Minimum Monthly Wage
In Bolivia, the minimum wage is the lowest monthly salary allowed by the Central Government.
Actual Previous Highest Lowest Dates Unit Frequency
2164.00 2122.00 2164.00 400.00 2001 - 2021 BOB/Month Yearly