Minimum Wages in Bolivia increased to 2250 BOB/Month in 2022 from 2164 BOB/Month in 2021. source: Instituto Nacional de Estadística de Bolivia

Minimum Wages in Bolivia averaged 1168.82 BOB/Month from 2001 until 2022, reaching an all time high of 2250 BOB/Month in 2022 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 January of 2023.

Minimum Wages in Bolivia is expected to reach 2500.00 BOB/Month by the end of 2022, 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 2023, 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 2250.00 2164.00 BOB/Month May 2022
Population 11.83 11.68 Million Dec 2021
Employed Persons 6595707.00 6511639.00 Number of persons Sep 2022
Labor Force Participation Rate 77.72 77.37 percent Sep 2022
Unemployed Persons 225383.00 301258.00 Number of persons Jun 2022
Employment Rate 74.80 73.70 percent Jun 2022

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
2250.00 2164.00 2250.00 400.00 2001 - 2022 BOB/Month Yearly