Minimum wage in Bolivia, November, 2020
For that indicator, we provide data for Bolivia from March 1991 to November 2020. The average value for Bolivia during that period was 779.18 currency units with a minimum of 120 currency units in March 1991 and a maximum of 2122 currency units in January 2019.
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Measure: currency units
Source: National Institute of Statistics of Bolivia
Definition: Minimum wage is the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period, which cannot be reduced by collective agreement or an individual contract.