With Morales Out, What’s Next For Bolivia?
Bolivia's next president faces economic challenges.
Bolivia GDP and Economic Data
Country Report 2017 - Includes Bolivia real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Bolivia economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Bolivia best banks and safest banks are also available.
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International Reserves
USD 11.7 billion (2015)
International Monetary Fund (IMF), data retrieved January 2017
Gross Domestic Product - GDP
USD 39.8 billion (2017, estimate)
GDP (Purchasing Power Parity)
Intl$ 83.2 billion (2017, estimate)
Real GDP growth
| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |
| 4.8% | 4.6% | 6.2% | 3.4% | 4.1% | 5.2% | 5.1% |
| 2013 | 2014 | 2015 | 2016* | 2017* | ||
| 6.8% | 5.5% | 4.9% | 3.7% | 3.9% |
*Estimate
GDP (PPP) - share of world total
| 1980 | 1990 | 2000 | 2010 | 2017* |
| 0.08% | 0.06% | 0.06% | 0.06% | 0.07% |
*Estimate
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GDP - composition by sector
- agriculture: 13.3%
- industry: 37.4%
- services: 53.6%
(2016 estimate)
Inflation
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 5.7% | 5.8% | 4.1% | 3.9% | 5.1% |
*Estimate
Unemployment rate
| 2013 | 2014* | 2015* | 2016* | 2017* |
| 4.0% | 4.0% | 4.0% | 4.0% | 4.0% |
*Estimate
Public debt (General government gross debt as a % of GDP)
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 32.5% | 33% | 36.2% | 40.6% | 42.8% |
*Estimate
Public deficit (General government net lending/borrowing as a % of GDP)
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 0.7% | -3.4% | -6.9% | -8.1% | -7.5% |
*Estimate
Government bond ratings
Standard & Poor's: BB
Moody's: Ba3
Standard & Poor's / Moody's (Updated January 2017)
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Market value of publicly traded shares
| 2013 | 2014 | 2015 |
| N/A | N/A | N/A |
Source
Current account balance by percentage of GDP
-4.9% (2017 estimate)
Exports as percent of GDP (Exports of goods and services)
30.9% (2015)
Shares in world total merchandising export
0.05% (2015)
Shares in world total commercial services export
0.03% (2015)
Export commodities
Natural gas, mineral ores, gold, soybeans and soy products, tin
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Import commodities
Machinery, petroleum products, vehicles, iron and steel, plastics
Exports - major partners
Brazil 28.1%, Argentina 16.9%, US 12.1%, Colombia 6.3%, China 5.3%, Japan 4.7%, South Korea 4.3% (2015)
Imports - major partners
China 17.9%, Brazil 16.5%, Argentina 11.8%, US 10.6%, Peru 6.2%, Japan 5.2%, Chile 4.6% (2015)
FDI inflows
| 2013 | 2014 | 2015 |
| USD 1,750 million | USD 648 million | USD 503 million |
FDI outflows
| 2013 | 2014 | 2015 |
| N/A | N/A | N/A |
Value of cross-border M&A, by country of purchaser
| 2012 | 2013 | 2014 | 2015 |
| USD 2.0 million | N/A | N/A | N/A |
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: 149 out of 190 countries (2016)
Subcategories:
Starting a business: 177 out of 190 countries
Enforcing Contracts: 128 out of 190 countries
Registering Property: 139 out of 190 countries
Getting credit: 133 out of 190 countries
Protecting investors: 137 out of 190 countries
Trading across border: 98 out of 190 countries
Paying Taxes: 186 out of 190 countries
Dealing with Construction Permits: 152 out of 190 countries
Getting Electricity: 99 out of 190 countries
Resolving Insolvency: 96 out of 190 countries
Source
Global competitiveness ranking
121 out of 138 countries
(2016-2017)
Index of Economic Freedom
Ranking: 160 / Score: 47.4 (Repressed) (2017) (100=totally free 0=totally repressed)
Source
Source
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%
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 | 2016* | 2021* |
| 6.728 million | 8.34 million | 9.918 million | 10.896 million | 11.796 million |
*Estimate
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2015 |
| 37% | 46% | 62% | 69% |
Literacy
Total population: 95.7%
Male: 97.8%
Female: 93.6% (2015 est.)
(age 15 and over can read and write)
% of population living on less than $3.10 a day
5.8% (2014)
Inequality of wealth distribution (Gini index)
48.4 (2014)
(0=perfect equality, 100=absolute inequality)
Source
Freedom House rating
Political Rights: 3
Civil Liberties: 3 (2017)
(1 represents the most free, 7 the least free rating)
Source
Total telephone subscribers as % of population
Fixed 7.99% Mobile 92.18% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)