Bolivia: Labor cost

(measure: index points, source: National Institute of Statistics of Bolivia)
* indicates monthly or quarterly data series

Labor cost index in Bolivia, March, 2020: For that indicator, we provide data for Bolivia from Q2 1996 to Q1 2020. The average value for Bolivia during that period was 243.82 index points with a minimum of 103.44 index points in Q2 1996 and a maximum of 436.2 index points in Q4 2019. Click on the following link to see the values of Labor cost index around the world.
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Measure: index points
Source: National Institute of Statistics of Bolivia

Definition: The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.
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