21, Nov 2009, CST. Welcome to the Bolivia economic statistics pages provided by the beta version of EconomyWatch.com’s Econ Stats database.

Economic Indicators For: Bolivia › Change country
National or Regional Currency: Boliviano, BOB
Year of data: 2008 › Change year
Number of Indicators Listed: 19
Full Dataset: From Year 1980 to 2013
Date of Last Update: 1 Sept 2009
Population: 9,775,246 (July 2009 est.)
Area: total: 1,098,580 sq km land: 1,084,390 sq km water: 14,190 sq km
Natural Resources: tin, natural gas, petroleum, zinc, tungsten, antimony, silver, iron, lead, gold, timber, hydropower
Government Type: Bolivia government type
Government Ministers: Bolivia ministers
Capital: La Paz (administrative capital)
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook

Bolivia is amongst the poorest in Per-Capita GDP terms and least developed countries in Latin America. Coming after a disastrous economic crisis during the early 1980s, reform spurred private investment, stimulated growth of the economy, and cut poverty rates in the 1990s. The period 2003-05 was characterized by political instability, racial tensions, and violent protests against plans - subsequently abandoned - to export Bolivia's newly discovered natural gas national reserves to large northern hemisphere markets. In 2005, the state passed a controversial oil law that imposed markedly higher royalties and required foreign firms then operating under risk-sharing contracts to surrender all production to the state energy company. In early 2008, higher revenues for mining and oil exports pushed the national current account balance surplus to 9.4 per cent of Gross Domestic Product (GDP) and the state's higher taxation take produced a financial surplus after years of large deficits. Private investment as a share of Gross Domestic Product (GDP), however, remains among the lowest or cheapest in Latin America, and inflation rates remained at double-digit levels in 2008. The decline in commodity prices or pricing in late 2008, the lack of Foreign Direct Investment (FDI) in the mining and hydrocarbon sectors, and the suspension of trade (imports and exports) benefits with the united States will pose problems for the Bolivian economy in 2009.
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GDP (Constant Prices, National Currency) for Bolivia in year 2008 is BOB 30.212 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.

GDP Growth (Constant Prices, National Currency) for Bolivia in year 2008 is 5.918 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP (Current Prices, National Currency) for Bolivia in year 2008 is BOB 126.593 Billion. GDP is expressed in billions of national currency units.

GDP (Current Prices, US Dollars) for Bolivia in year 2008 is US$ 17.413 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions for each WEO exercise.

GDP Deflator for Bolivia in year 2008 is 419.014 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

GDP Per Capita (Constant Prices, National Currency) for Bolivia in year 2008 is BOB 3,012.87 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.

GDP Per Capita (Current Prices, National Currency) for Bolivia in year 2008 is BOB 12,624.37 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.

GDP Per Capita (Current Prices, US Dollars) for Bolivia in year 2008 is US$ 1,736.50 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

Output Gap, Percent of Potential GDP for Bolivia in year 2008 is not available

GDP (PPP), US Dollars for Bolivia in year 2008 is US$ 43.424 Billion. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

GDP Per Capita (PPP), US Dollars for Bolivia in year 2008 is US$ 4,330.42 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

GDP Share of World Total (PPP) for Bolivia in year 2008 is 0.063 %. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

Implied PPP Conversion Rate for Bolivia in year 2008 is 2.915 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

Investment (% of GDP) for Bolivia in year 2008 is not available

Gross National Savings (% of GDP) for Bolivia in year 2008 is not available

Inflation, Average Consumer Prices (Indexed to Year 2000) for Bolivia in year 2008 is 150.749 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.

Inflation (Average Consumer Price Change %) for Bolivia in year 2008 is 14.022 %. Data for inflation are averages for the year, not end-of-period data.

Inflation, End of Year (Indexed to Year 2000) for Bolivia in year 2008 is 154.624 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.

Inflation (End of Year Change %) for Bolivia in year 2008 is 11.8 %. Data for inflation are end of the period, not annual average data.

Six-month London Interbank Offered Rate (LIBOR) Change % for Bolivia in year 2008 is not available

Unemployment Rate (% of Labour Force) for Bolivia in year 2008 is not available

Employment for Bolivia in year 2008 is not available

Population for Bolivia in year 2008 is 10.028 Million .

General Government Balance (National Currency) for Bolivia in year 2008 is not available

General Government Balance (% of GDP) for Bolivia in year 2008 is not available

General Government Structural Balance (National Currency) for Bolivia in year 2008 is not available

General Government Structural Balance (% Potential GDP) for Bolivia in year 2008 is not available

General Government Net Debt (National Currency) for Bolivia in year 2008 is not available

General Government Net Debt (% GDP) for Bolivia in year 2008 is not available

General Government Gross Debt (National Currency) for Bolivia in year 2008 is not available

General Government Gross Debt (% GDP) for Bolivia in year 2008 is not available

Current Account Balance (US Dollars) for Bolivia in year 2008 is US$ 2.002 Billion. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries. Calculated as the sum of the balance of individual countries.

Current Account Balance (% GDP) for Bolivia in year 2008 is 11.5 %. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries. Calculated as the sum of the balance of individual countries.