Cuba Bolivia

Updated 2026-05-04

Cuba

Minimum Wage

$MN12.12 /hr

$0.03 USD

Avg. Gross Salary

$MN6,649 /mo

Bolivia

Minimum Wage

Bs13.02 /hr

$1.88 USD

Avg. Gross Salary

Bs4,200 /mo

Min wage: -98% Cuba vs Bolivia Avg. salary: -97% Cuba vs Bolivia

The minimum wage in Cuba is roughly 64 times lower than in Bolivia in USD terms, reflecting the gap between a upper-middle-income and a lower-middle-income economy. Average gross salaries diverge further: $16/mo in Cuba versus $608/mo in Bolivia, a 37.5:1 ratio.

Cuba's unemployment rate is 1.8% compared to Bolivia's 3.0%.

Detailed Comparison

Detailed wage comparison between Cuba and Bolivia
Metric	Cuba	Bolivia	Diff
Minimum wage /hr	$MN12.12 $0.03	Bs13.02 $1.88	-98.4%
Minimum wage /day	—	Bs83.33 $12.06	—
Minimum wage /mo	$MN2,100 $5.12	Bs2,500 $361.79	-98.6%
Minimum wage /yr	$MN25,200 $61.46	Bs32,500 $4,703.33	-98.7%
Avg. gross salary /mo	$MN6,649 /mo $16.22	Bs4,200 /mo $607.81	-97.3%
Avg. net salary /mo	$MN6,300 /mo $15.37	Bs3,780 /mo $547.03	-97.2%
Median individual income /yr	$MN48,000 /yr $117.07	Bs21,600 /yr $3,125.90	-96.3%

Percentage differences are based on USD equivalent values. Positive means Cuba is higher.

Work Week

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.
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.

• WAGE TRAJECTORY (USD/hr)

Cuba Bolivia Source: wage.is · USD equivalent/hr

Year	Cuba (USD)	Bolivia (USD)
2005	$0.55/hr	—
2018	—	$298/hr
2019	$0.98/hr	$307/hr
2020	$0.98/hr	$307/hr
2021	$5.12/hr	$307/hr
2022	—	$313/hr
2023	—	$326/hr
2024	—	$362/hr

What This Means for Workers

A minimum wage worker in Cuba earns 6274% less per hour in USD terms than one in Bolivia. Standard work weeks differ: Cuba mandates 44 hours while Bolivia mandates 48 hours. A minimum wage worker's weekly earnings in Cuba are $1 vs $90 in Bolivia.

See this comparison from Bolivia's perspective: Bolivia vs Cuba

Compare Cuba with...

Frequently Asked Questions

Is the minimum wage higher in Cuba or Bolivia?

In Cuba, the minimum wage is $MN12.12/hr ($0.03 USD). In Bolivia, it is Bs13.02/hr ($1.88 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 less does the average worker earn in Cuba compared to Bolivia?

The average gross salary in Cuba is $MN6,649/mo ($16.22 USD), compared to Bs4,200/mo ($607.81 USD) in Bolivia. In USD terms, workers in Cuba earn approximately 3648% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Cuba and Bolivia 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 Cuba and Bolivia?

Bolivia has a longer standard work week at 48 hours, compared to 44 hours in Cuba. Workers in Cuba work 44 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.