The Gross Domestic Product (GDP) in Bolivia contracted 1.14 percent in the fourth quarter of 2018 over the previous quarter. GDP Growth Rate in Bolivia averaged 1.91 percent from 1991 until 2018, 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 expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Bolivia to stand at -2.30 in 12 months time. In the long-term, the Bolivia GDP Growth Rate is projected to trend around 1.30 percent in 2020, according to our econometric models.

Bolivia GDP Growth Rate
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Bolivia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.14 3.30 17.60 -15.70 percent [+]
GDP Annual Growth Rate 3.27 3.98 8.07 -0.89 percent [+]
GDP 40.29 37.51 40.29 0.37 USD Billion [+]
GDP Constant Prices 12808532.00 12136521.00 12808532.00 3587595.00 BOB THO [+]
Gross Fixed Capital Formation 3921684.00 2365758.00 3921684.00 370326.00 BOB Thousand [+]
GDP per capita 2559.51 2490.96 2559.51 1005.41 USD [+]
GDP per capita PPP 6986.05 6798.93 6986.05 3702.60 USD [+]
GDP From Agriculture 1367906.00 1336155.00 1856829.00 540920.00 BOB Thousand [+]
GDP From Construction 721087.00 571849.00 721087.00 86952.00 BOB Thousand [+]
GDP From Manufacturing 2138278.00 2107466.00 2138278.00 613669.00 BOB Thousand [+]
GDP From Public Administration 1311707.00 1255675.00 1311707.00 278836.00 BOB Thousand [+]
GDP From Services 903183.00 958572.00 1032488.00 317158.00 BOB Thousand [+]
GDP From Transport 1442840.00 1458726.00 1458726.00 329439.00 BOB Thousand [+]
GDP From Utilities 304153.00 233304.00 304153.00 60338.00 BOB Thousand [+]


Bolivia GDP Growth Rate

Bolivia's economy has been growing steadily in the last few years mostly due to exports of commodities including natural gas, silver, zinc and soy. 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. 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1.14 3.30 17.60 -15.70 1991 - 2018 percent Quarterly




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Indonesia 4.20 Jun/19
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United States 2.00 Jun/19
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