The Bolivia construction market size is projected to expand at a CAGR of 5.50% between 2025 and 2034.

The gross domestic product (GDP) of Bolivia's construction industry increased significantly between 2020 and 2023. This came after a drop in the industry's value in 2020, which interrupted an upward trend of the last two decades. Between 2004 and 2016, the construction GDP in the Latin American country rose from *** billion U.S. dollars to well over *********** U.S. dollars.

Bolivia’s construction industry is expected to expand by 20.4% in real terms in 2021 – up from an unprecedented decline of 27.3% last year. Although this strong growth mostly reflects the very low base in 2020, the industry’s output this year will also be supported by the gradual recovery in economic conditions and the reactivation of construction works that were temporarily disrupted in 2020. The outbreak of the Coronavirus (COVID-19) pandemic, preventive lockdowns to restrict its spread, a fall in oil and natural gas production (the country’s main export) and the political unrest in the country have all weighed on business confidence, thereby holding back investments in 2020. Following the resignation of the former president, Evo Morales, former Senator Jeanine Anez took over the office as interim president until a re-run election was held later in October 2020. During the administration of Ms. Anez, some of the major projects were affected, as public investments were curtailed, in line with macro-economic adjustments to rebuild reserves and improve the country’s resilience to future shocks. Read More

Bolivia GDP: Construction data was reported at 1,759,270.000 BOB th in Sep 2024. This records a decrease from the previous number of 2,440,012.000 BOB th for Jun 2024. Bolivia GDP: Construction data is updated quarterly, averaging 571,575.000 BOB th from Mar 1990 (Median) to Sep 2024, with 139 observations. The data reached an all-time high of 2,792,032.000 BOB th in Dec 2023 and a record low of 78,843.000 BOB th in Mar 1990. Bolivia GDP: Construction data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Bolivia – Table BO.A004: GDP: by Industry: Current Price.

Statistics illustrates market overview of clays for construction and industrial use in Bolivia from 2007 to 2024.

Bolivia Foreign Direct Investment: Construction data was reported at 98,433.238 USD th in 2017. This records a decrease from the previous number of 161,993.372 USD th for 2016. Bolivia Foreign Direct Investment: Construction data is updated yearly, averaging 16,040.000 USD th from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 282,968.000 USD th in 2002 and a record low of -5,372.555 USD th in 2014. Bolivia Foreign Direct Investment: Construction data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Bolivia – Table BO.O001: Foreign Direct Investment: by Industry.

Statistics illustrates market overview of unit construction machines for working metal in Bolivia from 2007 to 2024.

In 2024, the Bolivian construction equipment blade market decreased by -55.6% to $39K, falling for the second year in a row after two years of growth. In general, consumption, however, recorded temperate growth. Over the period under review, the market reached the maximum level at $909K in 2018; however, from 2019 to 2024, consumption remained at a lower figure.

Bolivia Number of Job Postings: Removed: Construction data was reported at 0.000 Unit in 05 May 2025. This stayed constant from the previous number of 0.000 Unit for 28 Apr 2025. Bolivia Number of Job Postings: Removed: Construction data is updated weekly, averaging 0.000 Unit from Jan 2008 (Median) to 05 May 2025, with 905 observations. The data reached an all-time high of 15.000 Unit in 01 Aug 2022 and a record low of 0.000 Unit in 05 May 2025. Bolivia Number of Job Postings: Removed: Construction data remains active status in CEIC and is reported by Revelio Labs, Inc.. The data is categorized under Global Database’s Bolivia – Table BO.RL.JP: Number of Job Postings: Removed: by Industry.

Bolivia BO: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data was reported at 10.935 USD bn in 2023. This records a decrease from the previous number of 11.531 USD bn for 2022. Bolivia BO: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data is updated yearly, averaging 2.041 USD bn from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 11.531 USD bn in 2022 and a record low of 312.083 USD mn in 1970. Bolivia BO: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bolivia – Table BO.World Bank.WDI: Gross Domestic Product: Nominal. Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;Note: Data for OECD countries are based on ISIC, revision 4.

Statistics illustrates market overview of machining centres, unit construction machines (single station) and multi-station transfer machines for working metal in Bolivia from 2007 to 2024.

In 2023, supplies from abroad of construction sands decreased by -30.1% to 24 tons, falling for the second year in a row after two years of growth.

Bolivia Number of Job Postings: Active: Construction data was reported at 4.000 Unit in 14 Apr 2025. This records an increase from the previous number of 3.000 Unit for 07 Apr 2025. Bolivia Number of Job Postings: Active: Construction data is updated weekly, averaging 0.000 Unit from Jan 2008 (Median) to 14 Apr 2025, with 902 observations. The data reached an all-time high of 28.000 Unit in 20 Feb 2023 and a record low of 0.000 Unit in 07 Oct 2024. Bolivia Number of Job Postings: Active: Construction data remains active status in CEIC and is reported by Revelio Labs, Inc.. The data is categorized under Global Database’s Bolivia – Table BO.RL.JP: Number of Job Postings: Active: by Industry.

Statistics illustrates market overview of tyres for agriculture, forestry, construction, industry and other off the road vehicles in Bolivia from 2007 to 2024.

The Latin America Construction Chemicals market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 5.05% from 2025 to 2033. This expansion is driven by several key factors. Firstly, significant infrastructure development projects across the region, particularly in Brazil and Mexico, are fueling demand for construction chemicals. Secondly, the growing emphasis on sustainable construction practices is increasing the adoption of eco-friendly construction chemicals. Thirdly, a rising middle class and urbanization are boosting residential construction, further stimulating market growth. The market is segmented by product type (concrete admixtures and cement grinding aids, surface treatment, repair and rehabilitation, protective coatings, industrial flooring, waterproofing, adhesives and sealants, grout and anchor) and end-user industry (commercial, industrial, infrastructure, residential). Brazil, Mexico, and Argentina are the largest markets within Latin America, accounting for a significant portion of the overall market share. However, Colombia and Chile are also emerging as promising markets with significant growth potential due to ongoing infrastructure investments and rising construction activity. While the market faces challenges such as economic volatility in certain countries and potential raw material price fluctuations, the long-term outlook remains positive, driven by the region's continued economic growth and the increasing focus on infrastructure development. Competitive landscape is intense, with both multinational corporations (3M, BASF, Sika, etc.) and regional players vying for market share. Multinationals leverage their established brand reputation, technological expertise, and extensive distribution networks. Regional players, however, benefit from strong local knowledge and cost advantages. This dynamic competition fosters innovation and drives the development of specialized construction chemicals tailored to the specific needs of different regions and applications. The market's future will likely be shaped by technological advancements (e.g., self-healing concrete, high-performance materials), stricter environmental regulations, and evolving consumer preferences towards sustainable and high-quality construction materials. Companies are adapting by investing in R&D to develop innovative products and solutions, expanding their distribution networks, and focusing on building strong customer relationships. Recent developments include: July 2022: Arkema announced the acquisition of Polimeros Especiales, a leading high-performance waterborne resin manufacturer in Mexico. The acquisition is expected to help Arkema further increase the production capacity of waterborne resins used in various construction applications., May 2022: Sika AG opened a new plant in Santa Cruz de la Sierra, Bolivia, to double its production capacity for mortar and concrete admixtures. The new plant is expected to help Sika AG to position itself for continued growth in the dynamic Bolivian construction market.. Key drivers for this market are: Growing Construction Activities in the Region, Increasing Investments in the Infrastructure Sector; Other Drivers. Potential restraints include: Growing Construction Activities in the Region, Increasing Investments in the Infrastructure Sector; Other Drivers. Notable trends are: Residential Segment is Anticipated to Hold a Significant Market Share.

Bolivia Average Monthly Nominal Salary Index: Construction data was reported at 526.070 1995=100 in 2023. This records a decrease from the previous number of 596.660 1995=100 for 2022. Bolivia Average Monthly Nominal Salary Index: Construction data is updated yearly, averaging 257.545 1995=100 from Dec 1996 (Median) to 2023, with 28 observations. The data reached an all-time high of 596.660 1995=100 in 2022 and a record low of 108.110 1995=100 in 1996. Bolivia Average Monthly Nominal Salary Index: Construction data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Bolivia – Table BO.G010: Household Survey: Average Monthly Nominal Salary Index: By Industry.

The South American anchors and grouts market, currently valued at approximately $XX million (estimated based on provided CAGR and market trends for a similar region), is projected to experience robust growth, exceeding a 5% Compound Annual Growth Rate (CAGR) from 2025 to 2033. This expansion is driven by several key factors. The burgeoning construction sector across South America, particularly in Brazil and Argentina, fueled by infrastructure development projects and increasing residential and non-residential construction activity, significantly boosts demand for anchors and grouts. Furthermore, the growing adoption of advanced construction techniques and materials, including high-performance resin-based fixing systems, is a major catalyst for market growth. While challenges such as economic fluctuations in some South American countries and potential material cost increases pose restraints, the overall positive growth trajectory is expected to continue. The market is segmented by type (cementitious, resin, bedding mortars, and others), end-user industry (residential, non-residential, infrastructure), and geography (Argentina, Brazil, Chile, and Rest of South America). Major players like BASF, Sika, and Henkel are actively competing in this market, driving innovation and product diversification. Brazil currently holds the largest market share within South America due to its substantial construction activity and economic influence. However, Argentina and Chile are also demonstrating significant potential for growth, driven by investment in infrastructure projects and increasing urbanization. The "Rest of South America" segment shows promise, reflecting the expanding construction activities across smaller economies. The market's future depends on sustained economic growth in the region, government infrastructure spending, and the continued adoption of advanced anchoring and grouting technologies. The market is expected to see an increased preference for resin-based products due to their superior performance characteristics in specific applications. This shift will drive further segmentation and specialization within the market. Recent developments include: In May 2022, Sika established a new manufacturing plant for construction chemicals in Santa Cruz de la Sierra, Bolivia, to enhance production capacity. This expansion is expected to increase the company's geographic presence in the regional market., In December 2021, Saint-Gobain and Cementos Argos agreed to develop mortar solutions as a joint venture. This joint venture merged Saint-Gobain's mortar technology with Argos' strong local presence to offer a vast range of solutions to the Colombian construction market.. Key drivers for this market are: Growing Demand for Anchors and Grouts from the Construction Industry, High Pressure on Existing Infrastructure due to Rising Population. Potential restraints include: Growing Demand for Anchors and Grouts from the Construction Industry, High Pressure on Existing Infrastructure due to Rising Population. Notable trends are: Growing Demand from the Non- Residential Segment.

Statistics illustrates market overview of iron or steel, railway or tramway track construction material; fish-plates and sole plates in Bolivia from 2007 to 2024.

Statistics illustrates most promising overseas markets of unit construction machines for working metal in Bolivia from 2007 to 2024.

Bolivia and Guatemala were some of the Latin American countries with the highest informal employment rates in the construction sector in 2023. Over ** percent of the construction workers in those countries were informal. Jamaica was the country with the lowest informal construction employment rate. Panama was one of the countries in Latin America with the most construction workers as a share of total employment in cities.