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 bank Central Bank of Bolivia
International Reserves US$ 11.995 billion (Source: IMF; Data updated: 2012)
Gross Domestic Product - GDP US$ 27.012 billion (2009 estimate)
GDP (Purchasing Power Parity) 54.134 billion of International dollars (2009 estimate)
Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
1.7% 2.5% 2.7% 4.2% 4.4% 4.8% 4.6% 6.1%
2009 2010 2011 2012*
3.4% 4.1% 5.1% 5%

*Estimate

GDP per capita - current prices US$ 2,493 (2004 estimate)
GDP per capita - PPP $4,996 International Dollars (2004 estimate)
GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.09% 0.06% 0.06% 0.06% 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 March 2012)

Inflation
2009 2010 2011 2012*
6.5%(2008) 2.5% 9.9% 4.9%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A(2009) N/A

*Estimate

Household saving rates N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
37.9% 40.5% 39.1% 32.9% 31.5%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
4.3% 0.6% 1.7% 0.8% 0.8%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: BB-

Moody's rating: Ba3

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$3.159 billion US$3.915 billion US$6.089 billion
Largest companies in Bolivia N/A
DATA ON TRADE AND COMPETITIVENESS
Current account balance US$ 420 million (2009 estimate)(After 2008)
Current account balance by percentage of GDP 1.6% of GDP (2009 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

41.2% (2010)

(Data released on April 2012)

Shares in world total merchandising export 0.05%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export 0.02% (2011)(2007)

(Data were released in 2012)

Total exports US$11.77 billion (2012 estimate) 
Export commodities natural gas, soybeans and soy products, crude petroleum, zinc ore, tin
Total imports US$8.18 billion (2012 estimate) 
Import commodities petroleum products, plastics, paper, aircraft and aircraft parts, prepared foods, automobiles, insecticides
Exports - major partners Brazil 41.8%, US 12.2%, South Korea 6.4%, Peru 5.7%, Argentina 5.2%, Japan 4.6% (2011)
Imports - major partners Chile 23.6%, Brazil 23%, Argentina 10.4%, US 10.1%, Peru 6.9%, China 5.9% (2011)
FDI inflows
2009 2010 2011
US$423 million US$643 million(2009) US$859 million(2009)
FDI outflows
2009 2010 2011
US$-3 million US$-29 million N/A
Value of cross-border M&A, by country of purchaser
2008 2009 2010 2011
N/A N/A(2009) N/A(2009) N/A
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

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

Cross-border M&A deals worth over $3 billion completed in 2011

(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 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 155 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 174 out of 185 countries(2009)

Enforcing Contracts: 136 out of 185 countries

Registering Property: 139 out of 185 countries

Getting credit: 129 out of 185 countries

Protecting investors: 139 out of 185 countries

Trading across border: 125 out of 185 countries

Paying Taxes: 180 out of 185 countries

Dealing with Construction Permits: 114 out of 185 countries

Getting Electricity: 126 out of 185 countries

Resolving Insolvency: 68 out of 185 countries

(2013)

Global competitiveness ranking
(ranking by country on a basis of 144, the first is the best)
104

(2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 146 Score: 50.2 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zone UTC-4
Total area 1,098,581 km2 (2006)
Capital La Paz (administrative capital) (2009)
Currency bolivianos (BOB) (2009)
Government type republic; (2009)
Languages Spanish 60.7% (official), Quechua 21.2% (official), Aymara 14.6% (official), foreign languages 2.4%, other 1.2% (2001 census)
Religions Roman Catholic 95%, Protestant (Evangelical Methodist) 5%
Total population
1980 1990 2000 2012* 2017**
5 million 6.51 million 8.43 million 10.84 million 11.93 million

*Estimate    **Forecast

Urban population as % of total population
1960 1980 2000 2011
36.8% 45.5% 61.8% 66.8%
Population median age 22 years (2010)
Population growth rate 1.6% (2011)
Life expectancy 66 years (2010)
Adult literacy 91% (2005/2010)
% of population living on less than $2 a day 25.14% (2011)
Inequality of wealth distribution (Gini index)

56.29 (2008)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:3
Civil Liberties:3 (2011)

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

Total telephone subscribers as % of population

91.52% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population 30% (Data were released in 2012 and refer to 2011)
Cost of living - Mercer 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)

1.4824 (Data were released in 2012 and refer to 2009)

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