The economy of Bolivia advanced 3.29 percent year-on-year in the third quarter of 2018, following a 4.43 percent growth in the previous period. It is the slowest expansion since Q2 2016. Output rose at a slower pace in the majority of economic activities: finance & insurance (4.41% vs 5.42% in Q2); internal trade (4.30% vs 5.27%); construction (0.68% vs 5.72%); manufacturing (4.18% vs 4.24%); utilities (2.92% vs 3.58%); metallic and non-metallic minerals (2.23% vs 6.72%) and agriculture, forestry, hunting & fisheries (5.57% vs 8.24%). Also, production declined further for crude oil and natural gas (-6.29% vs -3.65%). In contrast, faster growth was seen for transport and communications (3.75% vs 3.26%) and public administration (4.65% vs 3.88%) GDP Annual Growth Rate in Bolivia averaged 4.15 percent from 1991 until 2018, reaching an all time high of 8.07 percent in the third quarter of 1994 and a record low of -0.89 percent in the second quarter of 1999.

GDP Annual Growth Rate in Bolivia is expected to be 3.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Bolivia to stand at 3.90 in 12 months time. In the long-term, the Bolivia GDP Annual Growth Rate is projected to trend around 3.80 percent in 2020, according to our econometric models.

Bolivia GDP Annual Growth Rate
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Bolivia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 8.91 -1.44 17.60 -15.70 percent [+]
GDP Annual Growth Rate 3.29 4.43 8.07 -0.89 percent [+]
GDP 37.51 33.94 37.51 0.56 USD Billion [+]
GDP Constant Prices 12808532.00 12136521.00 12808532.00 3587595.00 BOB THO [+]
Gross Fixed Capital Formation 3921684.00 2365758.00 3921684.00 370326.00 BOB Thousand [+]
GDP per capita 2522.79 2457.63 2522.79 1283.09 USD [+]
GDP per capita PPP 6885.83 6707.96 6885.83 3707.24 USD [+]
GDP From Agriculture 1367906.00 1336155.00 1856829.00 540920.00 BOB Thousand [+]
GDP From Construction 721087.00 571849.00 721087.00 86952.00 BOB Thousand [+]
GDP From Manufacturing 2138278.00 2107466.00 2138278.00 613669.00 BOB Thousand [+]
GDP From Public Administration 1311707.00 1255675.00 1311707.00 278836.00 BOB Thousand [+]
GDP From Services 903183.00 958572.00 1032488.00 317158.00 BOB Thousand [+]
GDP From Transport 1442840.00 1458726.00 1458726.00 329439.00 BOB Thousand [+]
GDP From Utilities 304153.00 233304.00 304153.00 60338.00 BOB Thousand [+]


Bolivia GDP Annual Growth Rate

The biggest sector of Bolivia´s economy is services. Financing, insurance, real estate and business services; transport, communication and warehousing; trade, restaurants and hotels and community, social, personal, household and government services account for 50 percent of the GDP. Manufacturing creates 18 percent of the wealth and agriculture, forestry, fishing and hunting 13 percent. Mining and quarrying constitute 13 percent of the output and construction and water, electricity and gas distribution account for the remaining 6 percent of GDP. This page provides - Bolivia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bolivia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.29 4.43 8.07 -0.89 1991 - 2018 percent Quarterly




Country Last Previous
India 6.60 Dec/18
China 6.40 Mar/19
Indonesia 5.07 Mar/19
Saudi Arabia 3.60 Dec/18
United States 3.20 Mar/19
Spain 2.40 Mar/19
Australia 2.30 Dec/18
South Korea 1.80 Mar/19
United Kingdom 1.80 Mar/19
Netherlands 1.70 Mar/19
Canada 1.60 Dec/18
Switzerland 1.40 Dec/18
Mexico 1.30 Mar/19
Euro Area 1.20 Mar/19
Singapore 1.20 Mar/19
Brazil 1.10 Dec/18
France 1.10 Mar/19
South Africa 1.10 Dec/18
Japan 0.80 Mar/19
Germany 0.70 Mar/19
Russia 0.50 Mar/19
Italy 0.10 Mar/19
Turkey -3.00 Dec/18
Argentina -6.20 Dec/18


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