Bolivia: Economy

Economic Trivia

Bolivia has had the highest growth rate in South America since the global recession.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): Brazil, Argentina, and United States
Top 3 Exported Goods (2014): Oil & Mineral Fuels, Ores, and Precious Stones & Metals

Top Industries Source: CIA World Factbook

Mining; Smelting; Petroleum; Food and Beverages

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $70,023,357,901 (2014)
GDP Growth Rate (annual %) 5.461% (2014)
GDP Per Capita, PPP (current international) $6,630 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 94/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 5.784% (2014)
External debt stocks, total (DOD, current US$) $7,894,918,000 (2013)
Total tax rate (% of commercial profits) 83.7% (2015)
Real Interest Rate (5 year average %) 3.524% (2014)
Manufacturing, value added (% of GDP) 12.984% (2014)
Current Account Balance (BoP, current US$) ($16,356,620) (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 5,145,858 (2014)
Employment in Agriculture (% of total employment) 32.1% (2009)
Employment in Industry (% of total employment) 20% (2009)
Employment in Services (% of total employment) 47.9% (2009)
Unemployment Rate 2.7% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $13,848,956,006 (2014)
Exports of goods and services (current US$) $14,285,068,741 (2014)
Total Merchandise Trade (% of GDP) 68.756% (2014)
FDI, net inflows (BoP, current US$) $72,595,677 (2014)
Commercial Service Exports (current US$) $1,328,876,393 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Bolivia’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary