Key Facts: Bolivia vs Cuba Wages
- Bolivia Minimum Wage
- Bs13.02/hr ($1.88 USD)
- Cuba Minimum Wage
- $MN12.12/hr ($0.03 USD)
- Bolivia Avg. Gross Monthly Salary
- Bs4,200 /mo ($607.81 USD)
- Cuba Avg. Gross Monthly Salary
- $MN6,649 /mo ($16.22 USD)
- Data Sources
- Ministerio de Trabajo, Empleo y Previsión Social; 2024 figure verified via Wikipedia List of countries by minimum wage (eff 2024-05-01) (2026-05-04), Ministerio de Trabajo y Seguridad Social (MTSS) — Cuba (2026-02-25)
Bolivia 
Cuba
Updated 2026-05-04
The minimum wage in Bolivia is roughly 64 times higher than in Cuba in USD terms, reflecting the gap between a lower-middle-income and a upper-middle-income economy. Average gross salaries diverge further: $608/mo in Bolivia versus $16/mo in Cuba, a 37.5:1 ratio.
Bolivia's unemployment rate is 3.0% compared to Cuba's 1.8%.
Detailed Comparison
| Metric | Bolivia | Cuba |
|---|---|---|
| Minimum wage /hr | Bs13.02 $1.88 | $MN12.12 $0.03 |
| Minimum wage /day | Bs83.33 $12.06 | — |
| Minimum wage /mo | Bs2,500 $361.79 | $MN2,100 $5.12 |
| Minimum wage /yr | Bs32,500 $4,703.33 | $MN25,200 $61.46 |
| Avg. gross salary /mo | Bs4,200 /mo $607.81 | $MN6,649 /mo $16.22 |
| Avg. net salary /mo | Bs3,780 /mo $547.03 | $MN6,300 /mo $15.37 |
| Median individual income /yr | Bs21,600 /yr $3,125.90 | $MN48,000 /yr $117.07 |
Percentage differences are based on USD equivalent values. Positive means Bolivia is higher.
Work Week
- Bolivia
-
48 hrs/wk standard
Max 48 hrs/wk
Overtime : 2x pay
General Labour Law (Ley General del Trabajo) sets maximum at 48 hours/week for daytime work, 40 hours for night work, and 44 for mixed shifts. Overtime is paid at 100% surcharge (double pay). Sunday is the mandatory rest day.
- Cuba
-
44 hrs/wk standard
Max 44 hrs/wk
Overtime : 1.25x pay
Labour Code sets standard working hours at 8 hours/day and 44 hours/week. Overtime is paid at 125% of normal rate. Some sectors work 40 hours/week.
• WAGE TRAJECTORY (USD/hr)
What This Means for Workers
A minimum wage worker moving from Cuba to Bolivia would see a 6274% increase in USD-equivalent hourly earnings. Standard work weeks differ: Bolivia mandates 48 hours while Cuba mandates 44 hours. A minimum wage worker's weekly earnings in Bolivia are $90 vs $1 in Cuba.
See this comparison from Cuba's perspective: Cuba vs Bolivia
Compare Bolivia with...
Bolivia vs United States $ 7.25 /hr 
Bolivia vs China ¥ 25 /hr 
Bolivia vs Germany € 13.9 /hr 
Bolivia vs United Kingdom £ 12.71 /hr 
Bolivia vs India ₹ 4,576 /mo 
Bolivia vs Japan ¥ 1,121 /hr 
Bolivia vs France € 12.02 /hr 
Bolivia vs South Korea ₩ 10,320 /hr 
Bolivia vs Canada C$ 18.1 /hr 
Bolivia vs Australia A$ 24.95 /hr 
Bolivia vs Brazil R$ 7.37 /hr 
Bolivia vs Russia ₽ 156.31 /hr 
Bolivia vs Mexico MX$ 9,583.52 /mo 
Bolivia vs Indonesia Rp 33,058 /hr 
Bolivia vs Netherlands € 14.71 /hr 
Bolivia vs Saudi Arabia ﷼ 23.08 /hr 
Bolivia vs Turkey ₺ 164.94 /hr 
Bolivia vs Taiwan NT$ 190 /hr 
Bolivia vs Switzerland 
Bolivia vs Poland zł 31.4 /hr 
Bolivia vs Thailand ฿ 10,400 /mo 
Bolivia vs Sweden 
Bolivia vs Argentina ARS 1,762 /hr 
Bolivia vs Singapore Frequently Asked Questions
Is the minimum wage higher in Bolivia or Cuba?
In Bolivia, the minimum wage is Bs13.02/hr ($1.88 USD). In Cuba, it is $MN12.12/hr ($0.03 USD). Bolivia has the higher rate by 6274% in USD terms. That nominal gap does not account for local prices; see the purchasing power comparison below for a cost-of-living-adjusted view. Workers in Cuba may retain a larger share of their earnings if prices there are lower.
How much more does the average worker earn in Bolivia compared to Cuba?
The average gross salary in Bolivia is Bs4,200/mo ($607.81 USD), compared to $MN6,649/mo ($16.22 USD) in Cuba. In USD terms, workers in Bolivia earn approximately 3648% more. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Bolivia and Cuba is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Bolivia earn more in nominal terms, though how far that income stretches depends on local prices in Cuba.
How do work hours compare between Bolivia and Cuba?
Bolivia has a longer standard work week at 48 hours, compared to 44 hours in Cuba. Workers in Bolivia work 48 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Cuba working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.