Average Aquaculture and Seafood Farmer Salary in Bolivia for 2024

In this article, we will look at the average Aquaculture and Seafood Farmer salary for 2024 in Bolivia and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Bolivian boliviano. To keep things simple, we are using the BOB currency code instead of the currency symbol Bs..

How Much Does an Aquaculture and Seafood Farmer Make in Bolivia?

An Aquaculture and Seafood Farmer working in Bolivia will typically earn around 52,180 BOB per year, and this can range from the lowest average salary of about 25,660 BOB to the highest average salary of 78,620 BOB.

Average Annual Salary
52,180 BOB
Average Monthly Salary
4,348 BOB

Lowest Annual Salary
25,660 BOB
Lowest Monthly Salary
2,138 BOB

Highest Annual Salary
78,620 BOB
Highest Monthly Salary
6,551 BOB

These are average salaries for an Aquaculture and Seafood Farmer in Bolivia and include benefits such as housing and transport. It's also possible for an Aquaculture and Seafood Farmer to earn more or less than the average salaries shown above.

Aquaculture and Seafood Farmer salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Aquaculture and Seafood Farmer Salaries in Bolivia

So we've looked at the average salaries an Aquaculture and Seafood Farmer will earn in Bolivia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Aquaculture and Seafood Farmer can earn between 25,660 BOB and 78,620 BOB on average in Bolivia. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Aquaculture and Seafood Farmer in Bolivia is 48,940 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 48,940 BOB, and 50% of the population earn more than 48,940 BOB.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Aquaculture and Seafood Farmer salary in Bolivia, 25% of the population are earning less than 33,520 BOB while 75% of the population earn more than 33,520 BOB.

75% of the population earn less than 60,840 BOB, and 25% of the population earn more than 60,840 BOB.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Aquaculture and Seafood Farmer Salary by Experience Level in Bolivia

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average aquaculture and seafood farmer salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Aquaculture and Seafood Farmer in Bolivia that has less than two years of experience can expect to earn somewhere in the region of 31,660 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Aquaculture and Seafood Farmer salary would increase to 41,900 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as an Aquaculture and Seafood Farmer, the average salary would be 53,840 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 66,000 BOB.
  • 15 - 20 Years Experience. An Aquaculture and Seafood Farmer with 15 to 20 years of experience can earn an average of 71,700 BOB.
  • 20+ Years Experience. For an Aquaculture and Seafood Farmer with more than 20 years, the expected average salary increases to 73,100 BOB.

Average Salary by Experience Chart

0-2 Years
31,660 BOB
2-5 Years +34%
41,900 BOB
5-10 Years +30%
53,840 BOB
10-15 Years +21%
66,000 BOB
15-20 Years +9%
71,700 BOB
20+ Years +5%
73,100 BOB

Aquaculture and Seafood Farmer Salary by Education Level in Bolivia

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Aquaculture and Seafood Farmer in Bolivia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. An Aquaculture and Seafood Farmer in Bolivia with a high school education can earn an average salary of 38,060 BOB.

  • Certificate or Diploma. An Aquaculture and Seafood Farmer in Bolivia with a certificate or diploma education can earn an average salary of 66,000 BOB.

Average Salary by Education Chart

High School
38,060 BOB
Certificate or Diploma +68%
66,000 BOB

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Bolivia is around 42,600 to 128,000 BOB and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Aquaculture and Seafood Farmer Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Bolivia, a male aquaculture and seafood farmer will earn an average of 52,820 BOB, while a female aquaculture and seafood farmer will earn around 50,020 BOB.

This means that a male aquaculture and seafood farmer earns approximately 6% more than a female aquaculture and seafood farmer for performing the same job.

Average Salary by Gender Chart in Bolivia

Male
52,820 BOB
Female -6%
50,020 BOB

Aquaculture and Seafood Farmer Average Pay Raise in Bolivia

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Aquaculture and Seafood Farmer in Bolivia is around 5% every 30 months.

The national average pay raise across all professions and industries in Bolivia is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 5 ÷ 30 ) × 12  = 2%

What this means is that an Aquaculture and Seafood Farmer in Bolivia can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Bolivia for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Bolivia.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Aquaculture and Seafood Farmer Bonus and Incentive Rates in Bolivia

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Aquaculture and Seafood Farmer is a low bonus based job, with 9% of employees reporting at least one bonus in the last 12 months.

91% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 1% to 3%.

Received Bonus
9%
No Bonus
91%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Bolivia earn approximately 17% more than private sector employees in the same role.

Public Sector
112,280 BOB
Private Sector -17%
96,160 BOB

Salaries for Jobs Similar to an Aquaculture and Seafood Farmer

In the table below, we have salary information for jobs that are similar to an Aquaculture and Seafood Farmer in Bolivia.

Job Title Category Salary
Agricultural and Food Science Technician Gardening / Farming / Fishing 64,640 BOB
Agricultural and Food Scientist Gardening / Farming / Fishing 152,100 BOB
Agricultural Consultant Gardening / Farming / Fishing 152,000 BOB
Agricultural Engineer Gardening / Farming / Fishing 88,020 BOB
Agricultural Inspector Gardening / Farming / Fishing 85,760 BOB
Agricultural Manager Gardening / Farming / Fishing 150,000 BOB
Agronomist Gardening / Farming / Fishing 128,900 BOB
Animal Attendant Gardening / Farming / Fishing 46,040 BOB
Animal Nutritionist Gardening / Farming / Fishing 83,200 BOB
Animal Trainer Gardening / Farming / Fishing 57,900 BOB
Bee Keeper Gardening / Farming / Fishing 29,840 BOB
Commercial Horticulturist Gardening / Farming / Fishing 69,780 BOB
Diver Gardening / Farming / Fishing 47,720 BOB
Farm Manager Gardening / Farming / Fishing 119,900 BOB
Farmer Gardening / Farming / Fishing 34,980 BOB
Floral Designer Gardening / Farming / Fishing 42,320 BOB
Foreman Gardening / Farming / Fishing 26,660 BOB
Forestry and Logging Worker Gardening / Farming / Fishing 25,440 BOB
Garden Center Helper Gardening / Farming / Fishing 26,280 BOB
Garden Centre Manager Gardening / Farming / Fishing 77,620 BOB
Gardener Gardening / Farming / Fishing 31,660 BOB
General Farm Assistant Gardening / Farming / Fishing 27,560 BOB
Greenhouse Assistant Gardening / Farming / Fishing 28,180 BOB
Greenhouse Manager Gardening / Farming / Fishing 69,180 BOB
Groundsman Gardening / Farming / Fishing 26,780 BOB
Grower Gardening / Farming / Fishing 31,940 BOB
Horticultural Worker Gardening / Farming / Fishing 28,900 BOB
Tree Pruner Gardening / Farming / Fishing 28,180 BOB
Tree Specialist Gardening / Farming / Fishing 48,140 BOB

Salary Comparison by City

If you want to compare salaries with different cities in Bolivia, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Cochabamba 54,700 BOB
La Paz 58,240 BOB
Oruro 55,220 BOB
Potosi 47,120 BOB
Santa Cruz 56,140 BOB
Sucre 50,020 BOB

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