Median monthly earnings of employees in Bolivia
Bolivia: Median monthly earnings of employees was 3,250 in 2024. ▲ Rising
Median monthly earnings of employees in Bolivia, 2014–2024
Source: International Labour Organization.
Analysis
Bolivia recorded 3,250 for median monthly earnings of employees in 2024. That is the highest value across all 8 years on record.
That represents a change of up 1.6% on the previous year and up 47.7% over ten years.
Over the whole period, median monthly earnings of employees in Bolivia peaked at 3,250 in 2024 and was at its lowest, 2,200, in 2014.
That places Bolivia 25th out of 49 countries with data for 2024, putting it in the middle of the range.
Median monthly earnings of employees in Bolivia, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 2,200 | — |
| 2015 | 2,500 | +13.6% |
| 2016 | 2,500 | +0.0% |
| 2017 | 2,654 | +6.2% |
| 2018 | 2,949 | +11.1% |
| 2019 | 2,800 | -5.1% |
| 2023 | 3,200 | +14.3% |
| 2024 | 3,250 | +1.6% |
Bolivia compared with similar countries
- Bolivia's 3,250 is above the median for lower middle income countries, which is 2,500, 1.3× the median. (5 countries reporting)
- Bolivia's 3,250 is below the median for Latin America & Caribbean, which is 482,882, 1% of the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2,601 | 2,200 | 2,949 | 6 |
| 2020s | 3,225 | 3,200 | 3,250 | 2 |
Countries ranked near Bolivia
More work & labour data for Bolivia
- Persons outside the labour force (ILO modelled estimates) 1,928 (2027)
- Labour force participation rate (ILO modelled estimates) 79.04 (2027)
- Labour force (ILO modelled estimates) 7,271 (2027)
- Unemployment rate (ILO modelled estimates) 2.58 (2027)
- Labour dependency ratio 0.823 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 17,718 (2027)
- Output per worker, GDP constant 2015 US $ 5,806 (2027)
- Employment-to-population ratio (ILO modelled estimates) 77 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.9059 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 2.01 % change on previous year (2027)
Frequently asked questions
- What is median monthly earnings of employees in Bolivia?
- Median monthly earnings of employees in Bolivia was 3,250 in 2024, according to International Labour Organization.
- What is the highest median monthly earnings of employees recorded in Bolivia?
- The highest recorded value was 3,250 in 2024.
- What is the lowest median monthly earnings of employees recorded in Bolivia?
- The lowest recorded value was 2,200 in 2014.
- How does Bolivia rank for median monthly earnings of employees?
- Bolivia ranks 25th out of 49 countries with data for 2024.
- Is median monthly earnings of employees rising or falling in Bolivia?
- Over the last ten years it is up 47.7%. The long-run trend across the full record is rising.
- Where does this Bolivia data come from?
- The figures come from International Labour Organization, published as part of Median monthly earnings of employees. Statizoid updates them automatically from the source API.
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. The earnings of employees relate to the gross remuneration in cash and in kind paid to employees, as a rule at regular intervals, for time worked or work done together with remuneration for time not worked, such as annual vacation, other type of paid leave or holidays. Earnings exclude employers' contributions in respect of their employees paid to social security and pension schemes and also the benefits received by employees under these schemes. Earnings also exclude severance and termination pay. The median is the middle value, with half of employees earning less and half earning more. For more information, refer to the Wages and Working Time Statistics (COND) database description.