Bolivia (Bolivia (Plurinational State of)) Economic Statistics and Indicators

19, Jan 2021, EST. Welcome to the Bolivia economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Bolivia (Bolivia (Plurinational State of)) › Change country
National or Regional Currency: Boliviano, BOB
Year of data: 2015 › Change year
Number of Indicators Listed: 36
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 10,631,486 (July 2014 est.)
Area: total: 1,098,581 sq km ; land: 1,083,301 sq km ; water: 15,280 sq km
Natural Resources: tin, natural gas, petroleum, zinc, tungsten, antimony, silver, iron, lead, gold, timber, hydropower
Capital: name: La Paz (administrative capital); Sucre (constitutional capital) ; geographic coordinates: 16 30 S, 68 09 W ; time difference: UTC-4 (1 hour ahead of Washington, DC, during Standard Time)

Bolivia is a resource rich country with strong growth attributed to captive markets for natural gas exports. However, the country remains one of the least developed countries in Latin America because of state-oriented policies that deter investment and growth. Following a disastrous economic crisis during the early 1980s, reforms spurred private investment, stimulated economic growth, 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 reserves to large Northern Hemisphere markets. In 2005, the government passed a controversial hydrocarbons law that imposed significantly higher royalties and required foreign firms then operating under risk-sharing contracts to surrender all production to the state energy company in exchange for a predetermined service fee. The global recession slowed growth, but Bolivia recorded the highest growth rate in South America during 2009. High commodity prices since 2010 sustained rapid growth and large trade surpluses. However, a lack of foreign investment in the key sectors of mining and hydrocarbons, along with conflict among social groups pose challenges for the Bolivian economy.
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GDP (Constant Prices, National Currency) for Bolivia in year 2015 is BOB 42.536 Billion.

GDP Growth (Constant Prices, National Currency) for Bolivia in year 2015 is 4.8 %.

GDP (Current Prices, National Currency) for Bolivia in year 2015 is BOB 227.819 Billion.

GDP (Current Prices, US Dollars) for Bolivia in year 2015 is US$ 33.21 Billion.

GDP Deflator for Bolivia in year 2015 is 535.585 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Bolivia in year 2015 is BOB 3,696.81 .

GDP Per Capita (Current Prices, National Currency) for Bolivia in year 2015 is BOB 19,799.55 .

GDP Per Capita (Current Prices, US Dollars) for Bolivia in year 2015 is US$ 2,886.23 .

GDP (PPP), US Dollars for Bolivia in year 2015 is US$ 74.391 Billion.

GDP Per Capita (PPP), US Dollars for Bolivia in year 2015 is US$ 6,465.26 .

GDP Share of World Total (PPP) for Bolivia in year 2015 is 0.066 %.

Implied PPP Conversion Rate for Bolivia in year 2015 is 3.062 .

Investment (% of GDP) for Bolivia in year 2015 is 21.077 %.

Gross National Savings (% of GDP) for Bolivia in year 2015 is 12.973 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Bolivia in year 2015 is 158.403 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Bolivia in year 2015 is 4.061 %.

Inflation, End of Year (Indexed to Year 2000) for Bolivia in year 2015 is 160.44 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Bolivia in year 2015 is 2.952 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Bolivia in year 2015 is -2.813 %.

Import Volumes of Goods Only (Percent Change) for Bolivia in year 2015 is -2.813 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Bolivia in year 2015 is -14.105 %.

Export Volumes of Goods Only (Percent Change) for Bolivia in year 2015 is -14.105 %.

Unemployment Rate (% of Labour Force) for Bolivia in year 2015 is 4 %.

Population for Bolivia in year 2015 is 11.506 Million .

General government revenue (National Currency) for Bolivia in year 2015 is BOB 80.44 Billions.

General government revenue (% of GDP) for Bolivia in year 2015 is 35.309 %.

General government total expenditure (National Currency) for Bolivia in year 2015 is BOB 95.536 Billions.

General government total expenditure (% of GDP) for Bolivia in year 2015 is 41.935 %.

Total Government Net Lending/ Borrowing (National Currency) for Bolivia in year 2015 is BOB -15.096 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Bolivia in year 2015 is -6.626 %.

Fiscal Year Gross Domestic Product, Current Prices for Bolivia in year 2015 is BOB 227.819 Billions.

Current Account Balance (US Dollars) for Bolivia in year 2015 is US$ -2.286 Billion.

Current Account Balance (% GDP) for Bolivia in year 2015 is -6.884 %.