Bolivia GDP Growth Rate  1991-2016 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Bolivia contracted 9.72 percent in the second quarter of 2015 over the previous quarter. GDP Growth Rate in Bolivia averaged 2.07 percent from 1991 until 2015, 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
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Actual Previous Highest Lowest Dates Unit Frequency
-9.72 3.51 17.60 -15.70 1991 - 2015 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. Bolivia GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Bolivia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -9.72 3.51 17.60 -15.70 percent [+]
GDP Annual Growth Rate 5.01 4.54 8.07 -0.89 percent [+]
GDP 34.18 30.60 34.18 0.60 USD Billion [+]
GDP Constant Prices 10782209.00 9550711.00 10890752.00 3587595.00 BOB THO [+]
Gross Fixed Capital Formation 1885019.00 1800100.00 3099846.00 370326.00 BOB Thousand [+]
GDP per capita 1371.86 1323.12 1371.86 799.95 USD [+]
GDP per capita PPP 6153.04 5934.39 6153.04 3739.99 USD [+]
GDP From Agriculture 1583990.00 1187805.00 1583990.00 540920.00 BOB Thousand [+]
GDP From Construction 331014.00 218904.00 605947.00 86952.00 BOB Thousand [+]
GDP From Manufacturing 1786329.00 1474730.00 1786329.00 613669.00 BOB Thousand [+]
GDP From Public Administration 949962.00 907077.00 1154055.00 278836.00 BOB Thousand [+]
GDP From Services 906302.00 720028.00 906302.00 317158.00 BOB Thousand [+]
GDP From Transport 1137853.00 1032070.00 1196987.00 329439.00 BOB Thousand [+]
GDP From Utilities 228750.00 184018.00 256248.00 60338.00 BOB Thousand [+]




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