The Gross Domestic Product (GDP) in Bolivia expanded 0.73 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Bolivia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The growth of the real gross domestic product (GDP) in Bolivia was estimated at about 1.30 percent in 2024. From 1980 to 2024, the growth rose by around 0.69 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2026, the growth will decrease by approximately 0.40 percentage points.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

The Gross Domestic Product (GDP) in Bolivia expanded 7.89 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides - Bolivia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Bolivia Real GDP Growth

• The Gross Domestic Product (GDP) in Bolivia expanded 4.3 % YoY in Jun 2022, following a growth of 4.0 % in the previous quarter.
• Real GDP Growth YoY data in Bolivia is updated quarterly, available from Mar 1991 to Jun 2022, with an average rate of 4.0 %.
• The data reached an all-time high of 23.1 % in Jun 2021 and a record low of -24.7 % in Jun 2020.

• In the latest reports, Nominal GDP of Bolivia reached 10.2 USD bn in Jun 2022.
• Its GDP deflator (implicit price deflator) increased 3.8 % in Jun 2022.
• GDP Per Capita in Bolivia reached 3,138.0 USD in Dec 2020.
• Its Gross Savings Rate was measured at 22.2 % in Jun 2022.
• For Nominal GDP contributions, Investment accounted for 19.7 % in Jun 2022.
• Public Consumption accounted for 19.9 % in Jun 2022.
• Private Consumption accounted for 57.9 % in Jun 2022.

Bolivia: Economic growth: the rate of change of real GDP: The latest value from 2024 is 1.38 percent, a decline from 3.08 percent in 2023. In comparison, the world average is 3.20 percent, based on data from 177 countries. Historically, the average for Bolivia from 1961 to 2024 is 3.44 percent. The minimum value, -8.74 percent, was reached in 2020 while the maximum of 8.53 percent was recorded in 1968.

The Gross Domestic Product (GDP) in Bolivia was worth 49.67 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Bolivia represents 0.05 percent of the world economy. This dataset provides - Bolivia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bolivia gdp growth rate for 2023 was 3.08%, a 0.52% decline from 2022.

<ul style='margin-top:20px;'>

<li>Bolivia gdp growth rate for 2022 was <strong>3.61%</strong>, a <strong>2.51% decline</strong> from 2021.</li>
<li>Bolivia gdp growth rate for 2021 was <strong>6.11%</strong>, a <strong>14.85% increase</strong> from 2020.</li>
<li>Bolivia gdp growth rate for 2020 was <strong>-8.74%</strong>, a <strong>10.95% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Bolivia BO: GDP: Growth: GNI data was reported at 3.184 % in 2023. This records a decrease from the previous number of 3.273 % for 2022. Bolivia BO: GDP: Growth: GNI data is updated yearly, averaging 3.362 % from Dec 1977 (Median) to 2023, with 47 observations. The data reached an all-time high of 7.144 % in 2015 and a record low of -7.886 % in 2020. Bolivia BO: GDP: Growth: GNI 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: Annual Growth Rate. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

The gross domestic product (GDP) in current prices in Bolivia was estimated at approximately 48.40 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by around 44.81 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. From 2024 to 2026, the GDP will increase by about 17.45 billion U.S. dollars.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Key information about Bolivia Nominal GDP Growth

• Bolivia Nominal GDP Growth was reported at 6.158 % in Sep 2024.
• This records an increase from the previous number of 5.208 % for Jun 2024.
• Bolivia Nominal GDP Growth data is updated quarterly, averaging 9.675 % from Mar 1991 to Sep 2024, with 135 observations.
• The data reached an all-time high of 29.932 % in Jun 2021 and a record low of -27.265 % in Jun 2020.
• Bolivia Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

GDP per capita growth (annual %) in Bolivia was reported at 0.00312 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Bolivia - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Bolivia BO: GDP: Growth:(GDP) Gross Domestic Productper Capita data was reported at 1.676 % in 2023. This records a decrease from the previous number of 2.406 % for 2022. Bolivia BO: GDP: Growth:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 2.448 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 6.146 % in 1968 and a record low of -9.857 % in 2020. Bolivia BO: GDP: Growth:(GDP) Gross Domestic Productper Capita 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: Annual Growth Rate. Annual percentage growth rate of GDP per capita based on constant local currency. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Contains data from the World Bank's data portal covering the following topics which also exist as individual datasets on HDX: Agriculture and Rural Development, Aid Effectiveness, Economy and Growth, Education, Energy and Mining, Environment, Financial Sector, Health, Infrastructure, Social Protection and Labor, Poverty, Private Sector, Public Sector, Science and Technology, Social Development, Urban Development, Gender, Millenium development goals, Climate Change, External Debt, Trade.

Graph and download economic data for Constant GDP per capita for the Plurinational State of Bolivia (NYGDPPCAPKDBOL) from 1960 to 2024 about Bolivia, per capita, real, and GDP.

Claims on other sectors of the domestic economy (annual growth as % of broad money) in Bolivia was reported at 5.1717 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Bolivia - Claims on other sectors of the domestic economy (annual growth as % of broad money) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Graph and download economic data for Gross Domestic Product for the Plurinational State of Bolivia (MKTGDPBOA646NWDB) from 1960 to 2024 about Bolivia and GDP.

Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. in Bolivia was reported at 1.1 % in 2027, according to the World Bank collection of development indicators, compiled from officially recognized sources. Bolivia - Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

GDP (current US$) in Bolivia was reported at 49668296744 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Bolivia - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Despite the markedly improved economic policies undertaken since 1985, the severe structural problems faced by the Bolivian economy will continue to constrain growth through the end of this century. Even the minimum achievement of avoiding further declines in per capita consumption will require continued policy improvements, strong support from official donors, a favorable international environment, and considerable luck. The report stresses that failure to press on with policy reforms could have disastrous consequences, further reducing living standards and perhaps could lead to a reoccurrence of the economic chaos experienced prior to 1985. It also suggests that a more effective public sector administration and increased tax revenues are required to raise the level and improve the efficiency of public sector investment. In particular, improvements in infrastructure are essential supports to greater industrial production and trade. Strengthened commercial bank portfolios would facilitate the efficient intermediation of the increased domestic savings necessary to achieve the projected rates of growth. Improved health and education services are prerequisites to a better trained and more efficient workforce.

Bolivia: Financial markets development: The latest value from 2021 is 0.009 index points, an increase from 0.008 index points in 2020. In comparison, the world average is 0.239 index points, based on data from 158 countries. Historically, the average for Bolivia from 1980 to 2021 is 0.009 index points. The minimum value, 0.006 index points, was reached in 1980 while the maximum of 0.014 index points was recorded in 2005.