Bolivia
Bolivia is a landlocked country located in the heart of South America, characterized by remarkable geographical diversity. The nation encompasses three distinct geographical zones: the Andean highlands (Altiplano), the Amazon rainforest basin, and tr...
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With a safety index of 36/100, Bolivia offers below average safety conditions for expats and their families.
Bolivia offers visa-free entry or visa on arrival for most international travelers, depending on nationality, with a standard initial stay of 30 days extendable up to 90 days per calendar year. Citizens of Group 1 countries (including most EU nations, UK, Canada, Australia, Japan, and many Latin American countries) enter without any visa, completing only a Sworn Statement for Temporary Stay at entry points. US citizens, however, fall into Group 2 and must purchase a visitor visa for $160 USD...
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41% below EU avg
45% below EU avg
36% below EU avg
30% below EU avg
Baselines based on EU averages. Source: Numbeo indices.
Capital
Sucre
Timezone
UTC-04:00
Area
1,098,581 km²
Population
11,673,029
Bolivia shows a purchasing power index of 49/100, indicating moderate economic conditions for expats.
GDP
$43.07B
HDI
0.7
Quality of Life
43/100
=NYC baseline
Purchasing Power
20/100
-22 vs NYC
Understanding the economic landscape is essential for evaluating living costs and opportunities in Bolivia. This comprehensive overview covers key financial indicators including cost of living, housing markets, income levels, and fiscal policies that shape daily life and long-term financial planning.
Cost of Living Index
Very affordable (CPI: 27.4). Groceries (28.6), restaurants (22.3), and rent (8.2) are low compared to NYC=100 baseline.
Housing Market
Property prices average 11.6 years of household income. Rent index of 8.2 offers affordability with regional variations.
Average Income Levels
Purchasing power index of 45.7 indicates below average buying power. GDP per capita around $4,400 with economic contraction pressures.
Tax System
Progressive personal income tax up to 13.3% for high earners; corporate tax 25%; VAT at 13%. Relatively low and straightforward rates.
Business Environment
Challenging due to economic contraction (-2.6% real GDP 2024), high debt (80% GDP), bureaucracy, and weak regulatory framework. Low ease of doing business.
Social Security
Public healthcare system covers most citizens with moderate quality. Pension and unemployment benefits exist but strained by economic crisis and low coverage in informal sector.
Bolivia's climate varies dramatically due to its diverse topography, from tropical lowlands to high Andean plateaus. Covering over 1 million km², the country features tropical humid climates in the eastern plains, dry and polar conditions in the western Altiplano, and transitional zones in between.
6 distinct climate regions — see full guide for details
Read full guideLife Expectancy
69.1
Population
11,673,029
Religions
Ethnic Composition
Research in Progress
We're currently analyzing expat perspectives for Bolivia. Check back soon for insights from real experiences!
We're gradually rolling out this feature and continuously improving the insights. The data is based on real expat discussions and will become more comprehensive over time.
Bolivia underwent a significant political shift in October 2025 when center-right Christian Democrat Rodrigo Paz defeated right-wing former president Jorge Quiroga in a runoff election, ending nearly two decades of left-wing Movement for Socialism rule. Paz was sworn in on November 8, 2025, amid Bolivia's worst economic crisis in 40 years, with his administration prioritizing economic stabilization and institutional reform. The election represents a regional trend toward centrist governance rather than populist or far-right approaches.
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Data Source: Safety, crime, and quality metrics are sourced from Numbeo, a crowd-sourced global database of reported data.
All scores are relative comparisons on a 0-100 scale, where 50 = global average. Higher scores mean better than average, lower scores mean worse than average.





