Gross national income per capita in Bolivia from 2010 to 2020 (in U.S. dollars)
| Characteristic | Income per capita in U.S. dollars |
|---|---|
| 2019 | 3,530 |
| 2018 | 3,370 |
| 2017 | 3,090 |
| 2016 | 3,040 |
Contents
What is the monthly income in Bolivia?
Bolivia Monthly Earnings stood at 705 USD in Dec 2020, compared with the previous figure of 698 USD in Dec 2019. Bolivia Monthly Earnings data is updated yearly, available from Dec 1996 to Dec 2020, with an average number of 354 USD.
What is the average salary in Bolivia?
List of American countries by monthly average wage
| State | Local Currency | Net (USD) |
|---|---|---|
| Bolivia | BOB | $272 |
| Dominican Republic | DOP | $392 |
| Honduras | ||
| Paraguay | PYG | $400 |
What is the minimum wage in Bolivia?
The Bolivia minimum wage is 1805 Bolivian bolivianos per month,plus an obligatory Christmas bonus equal to one month’s pay,prorated for the amount of time the worker has worked in their present position.
Is Bolivia poor country?
Bolivia is the poorest country in South America. Although classified as middle income, it is at the very low end of the scale.Still, Bolivia has one of the highest levels of extreme poverty in Latin America and the rate of poverty reduction has stagnated over the last few years.
How expensive is it to live in Bolivia?
Example of the Cost of Living in Bolivia
| Expense | U.S. $ |
|---|---|
| Entertainment | $150 |
| Health insurance | $75 |
| Savings/Travel/Misc. | $200 |
| Monthly total | $1,543 |
What is the poverty line in Bolivia?
In Bolivia, using the $1.90 poverty line shows a non-negligible poverty level of 5.8 percent for 2017, among the highest in South America. Both the national and international poverty measures have shown a similar trend in the past.
How much do doctors make in Bolivia?
Salary rankings by profession
| Job type | Median salary (USD) | Salary ranking compared to all cities |
|---|---|---|
| Physician | $19,961 | 225/265 |
| C Level Executive | $16,737 | 250/265 |
| Dentist | $15,227 | 241/265 |
| Data Scientist | $13,221 | 245/265 |
How wealthy is Bolivia?
$43.100 billion (nominal, 2021 est.) $105.063 billion (PPP, 2021 est.)
Is Bolivia a good place to live?
Bolivia is poor, with a per-capita income of less than $6,000. But few of it’s people lack the basics like food, shelter, and access to education and healthcare. It is generally a very safe country, as there is very little violent crime.
Why did Bolivia ban mcdonalds?
According to the Daily Meal, McDonald’s failed there because the people of Bolivia didn’t want to flock to a massive corporation to buy burgers.
What is the literacy rate in Bolivia?
92.46%
Adult literacy rate is the percentage of people ages 15 and above who can both read and write with understanding a short simple statement about their everyday life. Bolivia literacy rate for 2015 was 92.46%, a 2.01% decline from 2012.
Which country pay the highest minimum wage?
Luxembourg
Luxembourg. Luxembourg is a small, landlocked country bordering Belgium, Germany and France. Although it has under 1 million people, it has the highest minimum wage in the world. That figure stood at $13.79 in 2020 but has increased since.
Why is Bolivia’s economy so bad?
Bolivia is a state plagued with inequality and inadequate development, making it the poorest nation in South America.Despite the land’s rich natural resources, Bolivia’s lack of human development hinders the state’s economic, social and political progress.
What is the biggest problem in Bolivia?
Impunity for violent crime and human rights violations remain serious problems in Bolivia. The administration of President Evo Morales has created a hostile environment for human rights defenders that undermines their ability to work independently.
How bad is poverty in Bolivia?
In the western hemisphere, Bolivia is the second poorest country after Haiti, with nearly 70 percent of its population living in poverty. About 23 percent of the population lives on less than $1 a day and 42 percent on less than $2 a day.
Is Bolivia safe living?
Living is a culturally diverse country to live in! Bolivia is safe to live, believe it or not, but it’s a much simpler life. Society is focused on family, rather than on working or what you own. If you already have a job (working for yourself online) and you’ve got some money, you can have a very good life in Bolivia.
Is Bolivia a cheap place to live?
Bolivia is one of the most impoverished countries in South American. The cost of living in Bolivia has risen over the last few years, but still remains one of the cheapest countries to live in South America.
Can foreigners buy property in Bolivia?
Foreigners have the same rights as locals when it comes to buying real estate in Bolivia, there are no restrictions. Foreigners can own property in their own name here and you can obtain residence by owning property. There is no title insurance in Bolivia to be sure to do your homework before you pay any money.
How does Bolivia make their money?
Natural gas and oil revenues represent some of the largest sources of income for Bolivia’s economy. In 2014, the oil and gas sector represented 8.7 percent of GDP and 55 percent of total exports. The sector has contributed to more than one third of the Treasury’s income in recent years.
Is Bolivia poor or rich?
Bolivia is one of the poorest and most unequal countries in Latin America. This article discusses several dimensions of Bolivia’s poverty, including income poverty and inequality, lack of access to safe water and sanitation, high infant mortality, malnutrition, and a lack of basic infrastructure.
