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Bolivia Employment Guide

Your quick guide on talent and labor compliance norms in Bolivia


La Paz


Bolivian Boliviano (BOB)


Spanish, Aymara, Quechua, Chiquitano, Guarani

Payroll Frequency


GDP per Capita


Employer Tax

16.71% (18.71%)

Talent Overview

Bolivia is classified as a lower-middle-income country by the World Bank. It has a history of single commodity focus, such as silver to tin to cocoa. The region is mired by political instability, making it hard for the agricultural center to progress. However, the country’s mining export dominate its economy.

Major economic hubs:

La Paz

Skills in demand:

Logistics Professionals, Marketing Professionals, Information Technology Professionals, Engineering Professionals, Teaching Professionals

Map 38

Local Universities

The top local universities in Bolivia are as follows:

Bolivia Uni1

Universidad Mayor de San Simón


Local: 1

World: 2038

Bolivia Uni2

Universidad Mayor de San Andrés


Local: 2

World: 2559

Uni3 46

Universidad Católica Boliviana


Local: 3

World: 2562

Uni4 46

Universidad San Francisco Xavier


Local: 4

World: 2969

Uni5 41

Universidad Autónoma Gabriel René Moreno


Local: 5

World: 3364

Salary Data

Some common jobs with average monthly salaries in Bolivia are mentioned below:

Job Title Average Monthly Salary (BOB) Average Monthly Salary (USD)
Business Intelligence Analyst 9,280 1,324
Business Systems Analyst 7,350 1,049
ERP Analyst 9,300 1,327
Software Engineer 8,230 1,174
Technical Analyst 7,490 1,069
Solutions Architect 10,900 1,555
Salesforce Administrator 7,730 1,103
Talentsource 46

Talent Sourcing Tips

Top Local Job Boards

Trabajopolis, Computrabajo

Number of LinkedIn Users


Employing in Bolivia

Hiring employees in Bolivia is fairly straightforward when you have a strong grasp on its employment laws, benefits, payroll, and tax systems. You can better your knowledge for hiring and onboarding talents in Bolivia successfully.

Employee Contract

Employment contracts in Bolivia can be either oral or written and are accepted as indefinite. However, the first 90 days are considered a trial period. The contract must be drafted in Spanish

Probation Period

The probationary period for new employees starts from 1 month up to 6 months.

Public and Provincial Holidays

Date Name Type
1 Jan New Year’s Day National holiday
22 Jan Plurinational State Foundation Day National holiday
12 Feb Carnival / Shrove Monday National holiday
13 Feb Carnival / Shrove Tuesday / Pancake Day National holiday
29 Mar Good Friday National holiday, Christian
1 May Labor Day / May Day National holiday
30 May Corpus Christi National holiday
21 Jun Aymara New Year Day National holiday
6 Aug Independence Day National holiday
17 Oct Day of Dignity National holiday
2 Nov All Saints Day National holiday
25 Dec Christmas Day National holiday, Christian

Employee Leaves

Type of Leave Time Period Mandatory
Annual Leave 15 days Yes
Sick Leave 5 days Yes
Maternity Leave 12 weeks Yes


Payroll 1

Payroll Cycle

The employees are paid monthly.

Payroll 2

Minimum Wage

The minimum wage in Bolivia is BOB2,250.00 per month.

Payroll 3

Overtime Pay

Employees are entitled to 200% of the normal rate for overtime for a maximum of two hours per day as approved by the Labour Inspection. For holidays and public rest days, the wage rate is also 200% of the normal rate.


13th Month Pay

The 13th-month pay is equivalent to one month’s worth of wage. Bolivia also requires a 14th-month pay depending on the GDP or annual profits of the company.

Employee Benefits

  • Retirement Plan
  • Pension
  • Maternity Benefits
  • Disability / Work Injury Benefit
  • Survivorship / Dependent’s Benefits
  • Free Medical Care


Employer Payroll Tax

Type of Contribution Contribution
Social Security 16.71% (18.71% for Mining)

Employee payroll tax

Type of Contribution Contribution
Social Security 12.71%

Employee Income Tax

Individuals are taxed at a rate constant rate of 13%.


The VAT in Bolivia is 13%.

Offboarding & Termination

An employment contract can be terminated by both parties, provided either party gives a statutory notice under the General Labour Act. If the employee fails to submit a 30-day notice, they must pay 90 days worth of salary to the employer. The employee may also terminate without notice by paying in lieu of notice.

There is no mandatory notice period for jobs in Bolivia, but there must be within a reasonable time before terminating a job entirely. For probationary employees, the notice period is from 2 – 7 days. While regular employees have a notice period of 1 – 3 months.

The severance pay is given with a minimum of five years of service. The pay is the monthly salary multiplied by the number of years of service. The first three months of probation are deducted from the severance pay.

Visa and Immigration

Applying for business visas in Bolivia requires documents such as a Business Cover Letter from your employer and a letter of invitation from an organization situated in Bolivia. You must also have proof of travel arrangements along with entry and exit dates. You must also provide a police clearance in order to process your business visa application in Bolivia.

Visa 46
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Minimum Wage

Overtime Pay

Visa & Immigration