Bolivia GDP Growth Rate  1991-2017 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Bolivia contracted 7.80 percent in the second quarter of 2017 over the previous quarter. GDP Growth Rate in Bolivia averaged 1.94 percent from 1991 until 2017, reaching an all time high of 17.60 percent in the first quarter of 2004 and a record low of -15.70 percent in the fourth quarter of 2008.

Bolivia GDP Growth Rate
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Bolivia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -7.80 7.88 17.60 -15.70 percent [+]
GDP Annual Growth Rate 3.79 3.34 8.07 -0.89 percent [+]
GDP 33.81 33.00 33.81 0.56 USD Billion [+]
GDP Constant Prices 11621107.00 10461781.00 11785749.00 3587595.00 BOB THO [+]
Gross Fixed Capital Formation 2159720.00 1930123.00 3445038.00 370326.00 BOB Thousand [+]
GDP per capita 2457.60 2393.00 2457.60 1283.08 USD [+]
GDP per capita PPP 6708.00 6531.50 6708.00 3707.30 USD [+]
GDP From Agriculture 1715471.00 1331176.00 1715471.00 540920.00 BOB Thousand [+]
GDP From Construction 368099.00 251292.00 663434.00 86952.00 BOB Thousand [+]
GDP From Manufacturing 1923312.00 1615374.00 1947792.00 613669.00 BOB Thousand [+]
GDP From Public Administration 1102206.00 1084799.00 1173315.00 278836.00 BOB Thousand [+]
GDP From Services 980784.00 794793.00 980784.00 317158.00 BOB Thousand [+]
GDP From Transport 1262872.00 1148911.00 1339497.00 329439.00 BOB Thousand [+]
GDP From Utilities 249771.00 207052.00 278246.00 60338.00 BOB Thousand [+]


Bolivia GDP Growth Rate

Bolivia is one of the least developed countries in Latin America and has one of the lowest GDP Per Capita in the region. Yet, from 1991 to 2012, the country has been expanding at an average growth rate of 2.3 percent, on a quarter over quarter basis, mostly due to a rise in exports of commodities. Indeed, shipments of natural gas, silver, zinc and soy account for more than 70 percent of total exports. Bolivia has also the second largest natural gas reserves in South America and holds the world´s largest known reserves of lithium, which are yet to be explored. Nevertheless, in order to reach its full growth potential, Bolivia needs to increase private investment, improve its infrastructure and reduce the levels of poverty and inequality. This page provides - Bolivia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bolivia GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-7.80 7.88 17.60 -15.70 1991 - 2017 percent Quarterly




GDP growth rate by Country
Country Last
Indonesia 3.18 Sep/17
United States 3.00 Sep/17
Turkey 2.10 Jun/17
China 1.70 Sep/17
India 1.40 Jun/17
South Korea 1.40 Sep/17
Canada 1.10 Jun/17
Russia 1.08 Jun/17
Australia 0.80 Jun/17
Germany 0.80 Sep/17
Spain 0.80 Sep/17
Euro Area 0.60 Sep/17
France 0.50 Sep/17
Italy 0.50 Sep/17
Netherlands 0.40 Sep/17
United Kingdom 0.40 Sep/17
Japan 0.30 Sep/17
Switzerland 0.30 Jun/17
Brazil 0.20 Jun/17
Mexico -0.20 Sep/17