Bolivia GDP Growth Rate 1991-2014 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Bolivia expanded 9.95 percent in the first quarter of 2014 over the previous quarter. GDP Growth Rate in Bolivia averaged 2.33 Percent from 1991 until 2014, 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. GDP Growth Rate in Bolivia is reported by the Instituto Nacional de Estadística de Bolivia.


Bolivia GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.95 -0.28 17.60 -15.70 1991 - 2014 Percent Quarterly
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. Content for - Bolivia GDP Growth Rate - was last refreshed on Tuesday, October 21, 2014.

Bolivia GDP Last Previous Highest Lowest Unit
GDP 30.60 27.04 30.60 0.60 USD Billion [+]
GDP Growth Rate 9.95 -0.28 17.60 -15.70 Percent [+]
GDP Annual Growth Rate 5.61 6.95 8.10 -0.90 Percent [+]
GDP Constant Prices 9085781.00 10366949.00 10366949.00 3587595.00 BOB THO [+]
GDP per capita 1323.12 1259.81 1323.12 799.95 USD [+]
GDP per capita PPP 5934.39 5650.43 5934.39 3739.99 USD [+]
Gross Fixed Capital Formation 1872434.00 1678930.00 2994790.00 370326.00 BOB Thousand [+]