Source
Central bank

Central Bank of Bolivia

International Reserves

USD 8.9 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019

Gross Domestic Product - GDP

USD 41.4 billion (2018, estimate)

GDP (Purchasing Power Parity)

Intl$ 84.1 billion (2018, estimate)

Real GDP growth
2007 2008 2009 2010 2011 2012 2013
4.6% 6.1% 3.4% 4.1% 5.2% 5.1% 6.8%
2014 2015 2016 2017* 2018*    
5.5% 4.9% 4.3% 4.2% 4.3%    

*Estimate

GDP per capita - current prices

USD 3,681.6 (2018, estimate)

GDP per capita - PPP

Intl$ 7,476.9 (2018, estimate)

GDP (PPP) - share of world total
0.06% (2019, estimate)
 
 
Source
GDP - composition by sector
  • agriculture: 11.5% 
  • industry: 26.2% 
  • services: 49.1 

(2018 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

Inflation
2015 2016 2017 2018* 2019*
4.1% 3.6% 2.8% 2.3% 1.7%

*Estimate

Unemployment rate
2015* 2016* 2017* 2018* 2019*
4% 3.5% 3.6% 3.5% 4%

*Estimate

Household saving rates

N/A

Public debt (General government gross debt as a % of GDP)
2015 2016 2017* 2018* 2019*
40.9% 46.5% 51.3% 53.9% 57.7%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2015 2016 2017 2018* 2019*
-6.9% -7.2% -7.8% -8.1% -7.8%

*Estimate

Government bond ratings

Standard & Poor's: BB-

Moody's: Ba3

Standard & Poor's / Moody's (Updated October 2019)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -2.0 billion (2018 estimate)

Current account balance by percentage of GDP

-4.9 % (2018 estimate)

Exports as percent of GDP (Exports of goods and services)

26% (2018)

Shares in world total merchandising export

0.05% (2018)

Shares in world total commercial services export

0.03% (2018)

Total exports

USD 9.2 billion (2018)

Export commodities

Natural gas, silver, zinc, lead, tin, gold, quinoa, soybeans and soy products

Total imports

USD 12.6 billion (2018 estimate)

 
 
Source
Import commodities

Machinery, petroleum products, vehicles, iron and steel, plastics

Exports - major partners

Brazil 17.9%, Argentina 16%, US 7.8%, Japan 7.3%, India 6.6%, South Korea 6.3%, Colombia 5.8%, China 5.1%, UAE 4.7% (2017)

Imports - major partners

China 21.7%, Brazil 16.8%, Argentina 12.6%, US 8.4%, Peru 6.5% (2017)

FDI inflows
2016 2017 2018
USD 335 million ​USD 712 million USD 255 million
FDI outflows
2016 2017 2018
USD 89 million USD 80 million USD -89 million
Value of cross-border M&A, by country of purchaser
2015 2016 2017 2018
N/A N/A N/A USD 3.5 million
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

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

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

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

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking:

150 out of 190 countries

​Subcategories:
Starting a Business: 175 out of 190 countries
Dealing with Construction Permits: 139 out of 190 countries
Getting Electricity: 96 out of 190 countries
Registering Property: 148 out of 190 countries
Getting Credit: 144 out of 190 countries
Protecting Minority Investors: 136 out of 190 countries
Paying Taxes: 186 out of 190 countries
Trading across Borders: 100 out of 190 countries
Enforcing Contracts: 109 out of 190 countries
Resolving Insolvency: 103 out of 190 countries
World Bank - Doing Business 2019

Global competitiveness ranking

107 out of 141 countries

(2019)

Index of Economic Freedom

Ranking: 173 / Score: 42.3 (Repressed)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC-4

Total area

1,098,581 sq km

Capital

La Paz (administrative capital); Sucre (constitutional [legislative and judicial] capital)

Currency

Bolivianos (BOB)

Government type

Presidential republic

Languages

Spanish (official) 60.7%, Quechua (official) 21.2%, Aymara (official) 14.6%, foreign languages 2.4%, Guarani (official) 0.6%, other native languages 0.4%, none 0.1% (2001 est.)

Religions

Roman Catholic 76.8%, Evangelical and Pentecostal 8.1%, Protestant 7.9%, other 1.7%, none 5.5% (2012 est.)

Total population
1990 2000 2010 2015* 2020*
6.73 million 8.34 million 9.92 million 10.9 million 11.72 million

*Estimate

 
 
Source
Urban population as % of total population
1960 1980 2000 2018
36.8% 45.5% 61.8% 69.4%
Population median age

24.6 years 

Population growth rate

1.48% (2018 estimate)

Life expectancy

69.8 years (2018 estimate)

Literacy

Total population: 92.5% 
Male: 96.5% 
Female: 88.6%
Definition: age 15 and over can read and write (2015 est.)

% of population living on less than $3.10 a day

11.8% (last available estimate, 2017)

Inequality of wealth distribution (Gini index)

44 (last available estimate, 2017)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Partly Free
Political Rights: 3
Civil Liberties: 3 (2019)

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

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

Source
Total telephone subscribers as % of population

Fixed: 6.3% Mobile: 100.8% (2018) 
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

43.83 % (2017)

Mercer Cost of living index

La Paz: 195th (2019)

CO2 emissions

1.91 metric tons per capita (2014)

World's Best Developed & Emerging Markets Banks

World's Best Internet Banks

World’s Best Treasury & Cash Management Providers

World's Best Subcustodian Banks

World's Best Banks By Region

World's Best Banks

2013

Best of…

Additional Awards