The Gross Domestic Product (GDP) in Bolivia expanded 21.91 percent in the second quarter of 2021 over the same quarter of the previous year. source: Instituto Nacional de Estadística de Bolivia

GDP Annual Growth Rate in Bolivia averaged 3.78 percent from 1991 until 2021, reaching an all time high of 21.91 percent in the second quarter of 2021 and a record low of -24.63 percent in the second quarter of 2020. This page provides - Bolivia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bolivia GDP Annual Growth Rate - values, historical data and charts - was last updated on October of 2021.

GDP Annual Growth Rate in Bolivia is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bolivia GDP Annual Growth Rate is projected to trend around 4.00 percent in 2022 and 3.00 percent in 2023, according to our econometric models.

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Bolivia GDP Annual Growth Rate

Bolivia Last Unit Reference Previous Highest Lowest
GDP Growth Rate -6.20 percent Jun/20 1.30 16.00 -11.50
GDP Annual Growth Rate 21.91 percent Jun/21 -1.09 21.91 -24.63
Gross Fixed Capital Formation 1791307.30 BOB Thousand Jun/20 1854853.00 3921684.00 370326.00
GDP From Utilities 271500.00 BOB Thousand Jun/21 222185.00 330318.00 8214.00
GDP From Transport 1268605.00 BOB Thousand Jun/21 1181213.00 1499960.00 37035.00
GDP From Services 1049951.00 BOB Thousand Jun/21 888513.00 1082935.00 34102.00
GDP From Public Administration 1201940.00 BOB Thousand Jun/21 1263860.00 1413722.00 40584.00
GDP From Manufacturing 1782128.00 BOB Thousand Jun/21 1764949.00 2332500.00 77474.00
GDP From Construction 349744.00 BOB Thousand Jun/21 268106.00 721087.00 2496.00
GDP From Agriculture 2056853.00 BOB Thousand Jun/21 1560228.00 2056853.00 54092.00

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.