The Gross Domestic Product (GDP) in Bolivia contracted 6.20 percent in the second quarter of 2020 over the previous quarter. source: Instituto Nacional de Estadística de Bolivia

GDP Growth Rate in Bolivia averaged 1.64 percent from 1991 until 2020, reaching an all time high of 16 percent in the first quarter of 1991 and a record low of -11.50 percent in the second quarter of 2003. This page provides - Bolivia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bolivia GDP Growth Rate - values, historical data and charts - was last updated on December of 2021.

GDP Growth Rate in Bolivia is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bolivia GDP Growth Rate is projected to trend around -1.50 percent in 2022 and -1.70 percent in 2023, according to our econometric models.

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Bolivia GDP Growth Rate


Related Last Previous Unit Reference
GDP Growth Rate -6.20 1.30 percent Jun/20
GDP Annual Growth Rate 21.91 -1.09 percent Jun/21
Gross Fixed Capital Formation 1745224.82 1685685.09 BOB Thousand Jun/21
GDP From Utilities 271500.00 222185.00 BOB Thousand Jun/21
GDP From Transport 1268605.00 1181213.00 BOB Thousand Jun/21
GDP From Services 1049951.00 888513.00 BOB Thousand Jun/21
GDP From Public Administration 1201940.00 1263860.00 BOB Thousand Jun/21
GDP From Manufacturing 1782128.00 1764949.00 BOB Thousand Jun/21
GDP From Construction 349744.00 268106.00 BOB Thousand Jun/21
GDP From Agriculture 2056853.00 1560228.00 BOB Thousand Jun/21
Bolivia GDP Growth Rate
Bolivia's economy has been growing steadily in the last few years mostly due to exports of commodities including natural gas, silver, zinc and soy. 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.