🇧🇴 South America

Bolivia

Salary, tax, minimum wage and employer cost data.

CurrencyBOB (Bs)
VAT13%
Fiscal yearJan-Dec
Pay cycleMonthly
Employee rate13.0%
Employer rate18.0%

Minimum wage in Bolivia

Monthly grossBs 2,362
Monthly net (est.)Bs 2,150
Hourly grossBs 14.06
Annual grossBs 28,344
Annual net (est.)Bs 25,800

Average salary

Gross annualBs 48,000
Net monthlyBs 3,300

Tax brackets

13% flat (RC-IVA regime)

Calculate salary in Bolivia

Related