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Home » Central and South America » What is the average salary in Bolivia?

What is the average salary in Bolivia?

December 14, 2021 by Bo Lang

List of American countries by monthly average wage

State Local Currency Net (USD)
Bolivia BOB $272
Dominican Republic DOP $392
Honduras
Paraguay PYG $400

Contents

What is the average income in Bolivia?

In 2020, the national gross income per capita in Bolivia amounted to around 3.2 thousand U.S. dollars, down from roughly 3.5 thousand U.S. dollars per person in the previous year. Uruguay was the South American country with the highest GNI per capita that same year.

What is the average monthly salary in Bolivia?

Bolivia Average Monthly Nominal Salary data was reported at 4,874.000 BOB in 2020.
Related Indicators for Bolivia Average Monthly Nominal Salary.

country/region Last
Bolivia Average Monthly Nominal Salary (BOB) 4,874.000 2020

What is the minimum wage in Bolivia?

1805 Bolivian bolivianos per month
Most countries have a nation-wide minimum wage that all workers must be paid. 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.

How much does a doctor 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

Is it cheaper to live in Bolivia?

Cost of living in Bolivia is, on average, 49.54% lower than in United States.Rent in Bolivia is, on average, 74.34% lower than in United States.

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.

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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

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.

How much is an average salary in Argentina?

What’s the average salary in Argentina? The average wage in Argentina is $1.89 (110ARS) hourly, $326.49 (19,014ARS) monthly, and $3,917.92 (228,168ARS) yearly. The highest yearly salaries are in the cities of Buenos Aires, Cordoba, and Rosario at $4,511.12, $4,472.83 and $4,438.21 respectively.

What is the most common job in Bolivia?

Economy of Bolivia

Statistics
Labor force by occupation agriculture: 29.4% industry: 22% services: 48.6% (2015 est.)
Unemployment 4% (2017 est.) note: data are for urban areas; widespread underemployment
Main industries mining, smelting, petroleum, food and beverages, tobacco, handicrafts, clothing, jewelry

Which country pays highest salary?

Overall, countries that offer competitive salaries also have a higher standard of living as well as more professional opportunities for job seekers from every industry.

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.

What is Bolivia’s biggest export?

Drilling down to the more granular 4-digit HTS codes, Bolivia’s most valuable export products are petroleum gases (26.8% of total) trailed by gold (17.5%), zinc ores and concentrates (11.6%), soya-bean oil cake plus other solid residues (7%), precious metal ores and concentrates (6.9%), soya-bean oil (3.7%),

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What is the average salary in Chile?

From 2015 to 2020, the average annual wage in Chile has remained fairly steady between 27,600 and 29,600 U.S. dollars, based on constant values. In 2020, the average wage in Chile amounted to approximately 26,728 U.S. dollars per year, down from 29,579 dollars in the previous year.

What is the Bolivian currency?

Boliviano

How much money do you need to retire in Bolivia?

It all adds up to a monthly budget of around $1,000 for a typical retired couple. I met a few retired women who were enjoying retirement at $500 per month. In Bolivia, you will be somewhat of a pioneer.

How much does it cost to live in La Paz?

A single person estimated monthly costs are 516$ (3,561Bs.) without rent. La Paz is 62.06% less expensive than New York (without rent). Rent in La Paz is, on average, 88.38% lower than in New York.
Cost of Living in La Paz.

Restaurants Edit
Meal, Inexpensive Restaurant 25.00Bs.
Meal for 2 People, Mid-range Restaurant, Three-course 145.00Bs.

What is the best and cheapest country to live in?

10 best and cheapest countries to live in

  • Vietnam.
  • Costa Rica.
  • Bulgaria.
  • Mexico.
  • South Africa.
  • China.
  • South Korea.
  • Thailand.

Why is Bolivia 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.

Filed Under: Central and South America

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About Bo Lang

Bo Lang loves exploring the world. A self-proclaimed "adventurer," Bo has spent his life traveling to new and exciting places. He's climbed mountains, explored jungles, and sailed across the ocean. He's even eaten the beating heart of a king cobra!

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