Minimum wage has been revised in Bolivia, with effect from 01 January 2024. The minimum wage has increased from BOB2,362.00 to BOB2,500.00 per month. The revision in minimum wage was announced by the Government at the end of April, making the rate effective retroactively from 01 January 2024.
For more information on changes, please refer to the minimum wage pages:
https://tusalario.org/bolivia/salario/salario-minimo
https://wageindicator.org/salary/minimum-wage/bolivia
Note: This minimum wage increase might not reflect the inflationary trends.