Account Payable Associate salary in Bolivia

Average Yearly Salary of Account Payable Associate in Bolivia is approximately 2,571 BOB (462 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Account Payable Associate do?

An accounts payable associate is responsible for managing the financial transactions and records of a company. Their main role involves processing and verifying invoices, ensuring accuracy in billing and payments, and maintaining vendor relationships. They review and reconcile accounts, track expenses, and resolve any discrepancies or issues that may arise. Additionally, they may assist in preparing financial reports and statements, as well as participate in month-end and year-end closing activities. Strong attention to detail, organizational skills, and proficiency in accounting software are essential for this role. Effective communication and collaboration with internal departments and external vendors are also key to ensure smooth operations and timely payments. Overall, an accounts payable associate plays a crucial role in maintaining the financial health and integrity of a company.

Skills: Accounts Payable, Financial Transactions, Invoicing, Vendor Management, Reconciliation, Financial Reporting
Job industry: Finance

How much does Account Payable Associate make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Account Payable Associate a well paid job?

Yes, our data show that Account Payable Associate is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Account Payable Associate?

High salary for Account Payable Associate would be somewhere between 2,828 BOB and 3,728 BOB. However this is an estimation based on Gaussian Distribution.

How much can you save working as Account Payable Associate in Bolivia?

Living in Bolivia the approximate monthly expenses are: 138 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 2,571 BOB
Estimated Monthly Salary: 214 BOB
Estimated Weekly Salary: 49 BOB per week
Estimated Hourly Salary: 1 BOB per hour
Our data indicates that by working as Account Payable Associate you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Bolivia, see costs of living in Bolivia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Peru, Brazil, Paraguay, Argentina, Chile.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Account Payable Associate

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Bolivia

Data as of 2025

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