Key Facts: North Korea vs Bolivia Wages
- North Korea Minimum Wage
- No statutory minimum wage
- Bolivia Minimum Wage
- Bs13.02/hr ($1.88 USD)
- North Korea Avg. Gross Monthly Salary
- ₩100,000 /mo ($111.11 USD)
- Bolivia Avg. Gross Monthly Salary
- Bs4,200 /mo ($607.81 USD)
- Data Sources
- ILO / World Bank / Korea Institute for National Unification (KINU) / NK News (2026-02-25), 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)
North Korea
Bolivia
Updated 2026-05-04
North Korea has no statutory minimum wage, while Bolivia sets a floor of $2/hr. Average gross salaries diverge further: $111/mo in North Korea versus $608/mo in Bolivia, a 5.5:1 ratio.
North Korea's unemployment rate is 3.5% compared to Bolivia's 3.0%.
Detailed Comparison
| Metric | North Korea | Bolivia |
|---|---|---|
| Minimum wage /hr | None | Bs13.02 $1.88 |
| Minimum wage /day | None | Bs83.33 $12.06 |
| Minimum wage /mo | None | Bs2,500 $361.79 |
| Minimum wage /yr | None | Bs32,500 $4,703.33 |
| Avg. gross salary /mo | ₩100,000 /mo $111.11 | Bs4,200 /mo $607.81 |
| Avg. net salary /mo | ₩90,000 /mo $100 | Bs3,780 /mo $547.03 |
| Median individual income /yr | N/A/yr | Bs21,600 /yr $3,125.90 |
Percentage differences are based on USD equivalent values. Positive means North Korea is higher.
Work Week
- North Korea
-
48 hrs/wk standard
The North Korean Labour Law formally sets an 8-hour working day. In practice, many workers are required to spend additional hours in compulsory political study, military training, and 'volunteer' labour campaigns. The actual workweek for state employees varies widely by sector and location. No independent verification of labour conditions is possible.
- 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.
See this comparison from Bolivia's perspective: Bolivia vs North Korea
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Frequently Asked Questions
Is the minimum wage higher in North Korea or Bolivia?
In North Korea, the minimum wage is no statutory minimum wage. In Bolivia, it is Bs13.02/hr ($1.88 USD).
How much less does the average worker earn in North Korea compared to Bolivia?
The average gross salary in North Korea is ₩100,000/mo ($111.11 USD), compared to Bs4,200/mo ($607.81 USD) in Bolivia. In USD terms, workers in North Korea earn approximately 447% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between North Korea 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 North Korea.
How do work hours compare between North Korea and Bolivia?
Both North Korea and Bolivia mandate a similar standard work week of 48 hours. When work hours are equal, the country with the higher minimum wage delivers proportionally higher weekly earnings. Standard work week rules set the baseline; actual hours worked often differ based on industry norms and individual employment contracts.