Bolivia GDP Growth Rate  1991-2017 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Bolivia expanded 5.95 percent in the third quarter of 2016 over the previous quarter. GDP Growth Rate in Bolivia averaged 1.96 percent from 1991 until 2016, 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.

Bolivia GDP Growth Rate
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Bolivia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 5.95 -7.35 17.60 -15.70 percent [+]
GDP Annual Growth Rate 4.98 3.24 8.07 -0.89 percent [+]
GDP 33.00 33.00 33.00 0.56 USD Billion [+]
GDP Constant Prices 11194771.00 11140469.00 11538715.00 3587595.00 BOB THO [+]
Gross Fixed Capital Formation 2042056.00 2009220.00 3329828.00 370326.00 BOB Thousand [+]
GDP per capita 2392.77 2317.29 2392.77 1283.08 USD [+]
GDP per capita PPP 6531.07 6325.07 6531.07 3707.30 USD [+]
GDP From Agriculture 1167776.00 1597245.00 1597245.00 540920.00 BOB Thousand [+]
GDP From Construction 520086.00 369808.00 640317.00 86952.00 BOB Thousand [+]
GDP From Manufacturing 1947873.00 1868846.00 1947873.00 613669.00 BOB Thousand [+]
GDP From Public Administration 1089639.00 1008085.00 1324315.00 278836.00 BOB Thousand [+]
GDP From Services 876713.00 935524.00 935524.00 317158.00 BOB Thousand [+]
GDP From Transport 1339337.00 1194109.00 1339337.00 329439.00 BOB Thousand [+]
GDP From Utilities 219791.00 241534.00 268522.00 60338.00 BOB Thousand [+]


Bolivia GDP Growth Rate Notes

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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5.95 -7.35 17.60 -15.70 1991 - 2016 percent Quarterly



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