The Gross Domestic Product (GDP) in Bolivia expanded 14.04 percent in the fourth quarter of 2021 over the previous quarter. source: Instituto Nacional de Estadística de Bolivia

GDP Growth Rate in Bolivia averaged 2.14 percent from 1991 until 2021, reaching an all time high of 24.50 percent in the third quarter of 2020 and a record low of -26.15 percent in the second quarter of 2020. 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 July of 2022.

GDP Growth Rate in Bolivia is expected to be -5.00 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 -1.70 percent in 2023, according to our econometric models.

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Bolivia GDP Growth Rate

Related Last Previous Unit Reference
GDP Growth Rate 14.04 4.83 percent Dec 2021
GDP Annual Growth Rate 0.23 5.48 percent Dec 2021
Gross Fixed Capital Formation 3202695.39 1984697.44 BOB Thousand Dec 2021
GDP From Utilities 335761.00 249006.00 BOB Thousand Dec 2021
GDP From Transport 1450685.00 1428792.00 BOB Thousand Dec 2021
GDP From Services 947703.00 949987.00 BOB Thousand Dec 2021
GDP From Public Administration 1423815.00 1333574.00 BOB Thousand Dec 2021
GDP From Manufacturing 2242670.00 2048652.00 BOB Thousand Dec 2021
GDP From Construction 731395.00 525833.00 BOB Thousand Dec 2021
GDP From Agriculture 1473557.00 1514329.00 BOB Thousand Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
14.04 4.83 24.50 -26.15 1991 - 2021 percent Quarterly