GFmag Online Readers Survey 2012
Bolivia


Bolivia Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Bolivia; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bankCentral Bank of Bolivia
International ReservesUS$ 9.731 billion (Source: World Bank; Data updated: November 2010)
Gross Domestic Product - GDPUS$ 22.778 billion (2009 estimate)
GDP (Purchasing Power Parity)50.586 billion of International dollars (2009 estimate)
Real GDP growth
20002001200220032004200520062007
2.5%1.7%2.5%2.7%4.2%4.4%4.8%4.6%
2008200920102011*
6.1%3.4%4.2%4.5%

*Estimate

GDP per capita - current pricesUS$ 2,143 (2004 estimate)
GDP per capita - PPP$4,759 International Dollars (2004 estimate)
GDP (PPP) - share of world total
19801990200020102015**
0.09%0.06%0.06%0.07%0.07%

**Forecast

GDP - composition by sector
  • agriculture: 12% 
  • industry: 38% 
  • services: 50% (2010 estimate)
  • (Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)N/A

(Data released on November 2010)

Inflation
2008200920102011*
14%(2008)3.3%2.5%10.4%

*Estimate

Unemployment rate
2008200920102011*
N/AN/AN/A(2009)N/A

*Estimate

Household saving ratesN/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)
20072008200920102011*
41%37.5%40.5%37.4%34.3%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2007200820092010*2011**
0.9%-2%-3.9%-2.8%-2.1%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: B/Positive/B

Moody's rating: B2

Moody's outlook: RUR+

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares
200720082009
US$2.263 billionUS$2.672 billionUS$2.792 billion
Largest companies in BoliviaN/A
DATA ON TRADE AND COMPETITIVENESS
Current account balanceUS$ 0.9 billion (2009 estimate)(After 2008)
Current account balance by percentage of GDP3.8% of GDP (2009 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

30.9% (2009)

(Data released on December 2010)

Shares in world total merchandising export0.04%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export0.01%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exportsUS$6.956 billion f.o.b. (2010 estimate)
Export commoditiesnatural gas, soybeans and soy products, crude petroleum, zinc ore, tin
Total importsUS$4.782 billion f.o.b. (2008 estimate)
Import commoditiespetroleum products, plastics, paper, aircraft and aircraft parts, prepared foods, automobiles, insecticides, soybeans
Exports - major partnersBrazil 46%, US 9.8%, Japan 7.6%, Argentina 5.8%, South Korea 4.8%, Peru 4.1% (2007)
Imports - major partnersBrazil 29.9%, Argentina 16.2%, Chile 10.5%, US 9.8%, Peru 8.1% (2007)
FDI inflows
200820092010
US$513 millionUS$423 million(2009)US$622 million(2009)
FDI outflows
200820092010
US$4 millionUS$-3 millionUS$-58 million
Value of cross-border M&A, by country of purchaser
2008200920102011
N/AN/A(2009)N/A(2009)N/A
Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 149 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 166 out of 183 countries(2009)

Registering property: 139 out of 183 countries

Paying Taxes: 177 out of 183 countries

Getting credit: 116 out of 183 countries

Protecting investors: 132 out of 183 countries

Trading across border: 125 out of 183 countries

Enforcing Contracts: 136 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)
103

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 147 Score: 50 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zoneUTC-4
Total area 1,098,581 km2 (2006)
CapitalLa Paz (administrative capital) (2009)
Currencybolivianos (BOB) (2009)
Government typerepublic; (2009)
LanguagesSpanish 60.7% (official), Quechua 21.2% (official), Aymara 14.6% (official), foreign languages 2.4%, other 1.2% (2001 census)
ReligionsRoman Catholic 95%, Protestant (Evangelical Methodist) 5%
Total population
1980199020002010*2015**
5 million6.51 million8.43 million10.43 million11.48 million

*Estimate    **Forecast

Urban population as % of total population
1960198020002009
36.8%45.5%61.8%66%
Population median age21.0 years (2006)
Population growth rate1.7% (2009)
Life expectancy65 years (2007)
Adult literacy90% (2000/2007)
% of population living on less than $2 a day25.14% (2011)
Inequality of wealth distribution (Gini index)

57.3 (2007)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:3
Civil Liberties:3 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

80.84% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population20% (Data were released in 2011 and refer to 2010)
Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

La Paz: 212th (2011)

CO2 emissions
(Metric tons of CO2 per capita)

1.324 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST EMERGING MARKET BANKS

2012:
  • COUNTRY WINNERS Banco de Crédito de Bolivia (National, 2012)
2011:
  • COUNTRY WINNERS Banco de Crédito de Bolivia (National, 2011)
2010:
  • COUNTRY WINNERS Banco de Crédito de Bolivia (National, 2010)
2009:
  • COUNTRY WINNERS Banco de Crédito de Bolivia (National, 2009)
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE