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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 flag North Korea Bolivia flag Bolivia

Updated 2026-05-04

North Korea flag North Korea

No statutory minimum wage

Avg. Gross Salary

₩100,000 /mo

Bolivia flag Bolivia

Minimum Wage

Bs13.02 /hr

$1.88 USD

Avg. Gross Salary

Bs4,200 /mo

Avg. salary: -82% North Korea vs Bolivia

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

Detailed wage comparison between North Korea and Bolivia
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.