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Economic Development Specialist salary in Bolivia

Average Yearly Salary of Economic Development Specialist in Bolivia is approximately 3,471 BOB (621 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 Economic Development Specialist do?

occupation personasAn economic development specialist is a professional who focuses on promoting economic growth and improving the overall economic well-being of a specific region or community. They analyze economic data, identify opportunities for growth, and develop strategies to attract investment and businesses. Economic development specialists often work closely with government agencies, community organizations, and businesses to implement plans and initiatives that stimulate economic activity. They may also assist in the development of policies and programs that support entrepreneurship, workforce development, and infrastructure improvement. Effective communication and collaboration skills are essential in this role, as economic development specialists must engage with various stakeholders and build partnerships to achieve their goals.

Skills: economic development, economic growth, business attraction, community development, strategic planning, policy development
Job industry: Government


How much does Economic Development Specialist make?

Salary details
How much does Economic Development Specialist make?
Estimated Yearly Salary: 3,471 BOB
Estimated Monthly Salary: 289 BOB
Estimated Weekly Salary: 67 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 3,347 BOB
Estimated Monthly Salary: 279 BOB
Estimated Weekly Salary: 64 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Last revision of data: 2024-02-07



Economic Development Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 621 USD
Estimated Monthly Salary: 52 USD
Estimated Weekly Salary: 12 USD per week
Estimated Hourly Salary: 0 USD per hour


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

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Bolivia, located in South America, is a landlocked country bordered by Brazil, Paraguay, Argentina, Chile, and Peru. It has a population of approximately 11.6 million people and covers an area of about 1.1 million square kilometers. The country's diverse geography includes the Andes Mountains, the Amazon rainforest, and the vast Altiplano plateau.

Estimated national average yearly salary is 569 BOB (3,450 USD). Value indicated is pre-tax. Below graph shows estimated Economic Development Specialist job salary compared to average salary in Bolivia.
Comparison shows that a person working as Economic Development Specialist in Bolivia earns on average:
6.1 times the average salary (or 610% of average salary).

Is Economic Development Specialist a well paid job?

Yes, our data shows that Economic Development Specialist is an extremely well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Economic Development Specialist?

High salary for Economic Development Specialist would be somewhere between 3,818 BOB and 5,033 BOB. However this is an estimation based on Gaussian Distribution.

How much can you save working as Economic Development Specialist 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: 3,471 BOB
Estimated Monthly Salary: 289 BOB
Estimated Weekly Salary: 67 BOB per week
Estimated Hourly Salary: 2 BOB per hour
Our data indicates that by working as Economic Development Specialist 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 Economic Development Specialist

Brazil is 8,145 USDup arrow 1212%
Details on Economic Development Specialist salary in Brazil
Argentina is 11,706 USDup arrow 1785%
Details on Economic Development Specialist salary in Argentina
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(35,917 BOB per year, pre-tax.)
(30,031 BOB per year, pre-tax.)
(28,915 BOB per year, pre-tax.)
(28,102 BOB per year, pre-tax.)
(27,971 BOB per year, pre-tax.)
(27,454 BOB per year, pre-tax.)
(27,431 BOB per year, pre-tax.)
(27,421 BOB per year, pre-tax.)
(27,374 BOB per year, pre-tax.)
(27,316 BOB per year, pre-tax.)

Data as of 2025

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Please note:
The salary data presented here are meant for informational purposes only.
The salary data on this site is designed for informational purposes exclusively. We provide salary insights based on multiple sources, but cannot guarantee absolute precision. Users should always cross-check salary details with other reliable sources before making financial decisions. Fluctuations in salary figures may arise due to various circumstances, including location, experience, and industry. We do not extend any warranty regarding the completeness of the displayed salary data. Use of this website implies acknowledgment of these conditions.
This website offers salary estimates for informational purposes only. While we gather data from various providers, we cannot guarantee full reliability. Users are encouraged to review external platforms before making major financial decisions. Salaries shift due to numerous elements, such as market demand, employer policies, and geographic location. We cannot provide guarantee regarding the correctness of the displayed salary data. Your continued access of this site confirms your understanding of these terms.