Economy - overview:
Bolivia is one of the poorest and least developed countries in Latin America. Following a disastrous economic crisis during the early 1980s, reforms spurred private investment, stimulated economic growth, and cut poverty rates in the 1990s. The period 2003-05 was characterized by political instability, racial tensions, and violent protests against plans - subsequently abandoned - to export Bolivia's newly discovered natural gas reserves to large northern hemisphere markets. In 2005, the government passed a controversial hydrocarbons law that imposed significantly higher royalties and required foreign firms then operating under risk-sharing contracts to surrender all production to the state energy company in exchange for a predetermined service fee. The global recession slowed growth, but Bolivia recorded the highest growth rate in South America during 2009. During 2010-11 increases in world commodity prices resulted in large trade surpluses. However, a lack of foreign investment in the key sectors of mining and hydrocarbons and higher food prices pose challenges for the Bolivian economy.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition by sector: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Distribution of family income - Gini index: Investment (gross fixed): Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Public debt: Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Agriculture - products: Industries: Industrial production growth rate: Electricity - production: Electricity - consumption: Electricity - exports: Electricity - imports: Oil - production: Oil - consumption: Oil - exports: Oil - imports: Natural gas - production: Natural gas - consumption: Natural gas - exports: Natural gas - imports: Natural gas - proved reserves: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Stock of direct foreign investment - at home: Stock of direct foreign investment - abroad: Exchange rates:
NOTE: 1) The information regarding Bolivia on this page is re-published from the 2012 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Bolivia Economy 2012 information contained here. All suggestions for corrections of any errors about Bolivia Economy 2012 should be addressed to the CIA.
$51.41 billion (2011 est.)
country comparison to the world: 92
note: data are in 2011 US dollars
[see also: GDP country ranks ]
$23.9 billion (2011 est.)
[see also: GDP (official exchange rate) country ranks ]
5% (2011 est.)
country comparison to the world: 74
[see also: GDP - real growth rate country ranks ]
$4,800 (2011 est.)
country comparison to the world: 150
note: data are in 2011 US dollars
[see also: GDP - per capita country ranks ]
agriculture: 12%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: 38%
[see also: GDP - composition by sector - industry country ranks ]
services: 50% (2010 est.)
[see also: GDP - composition by sector - services country ranks ]
4.697 million (2011 est.)
country comparison to the world: 78
[see also: Labor force country ranks ]
agriculture: 40%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 17%
[see also: Labor force - by occupation - industry country ranks ]
services: 43% (2006 est.)
[see also: Labor force - by occupation - services country ranks ]
7.6% (2011 est.)
country comparison to the world: 87
note: data are for urban areas; widespread underemployment
[see also: Unemployment rate country ranks ]
30.3%
note: based on percent of population living on less than the international standard of $2/day (2009 est.)
[see also: Population below poverty line country ranks ]
lowest 10%: 1%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: 45.4% (2007)
[see also: Household income or consumption by percentage share - highest 10% country ranks ]
58.2 (2009)
country comparison to the world: 10
[see also: Distribution of family income - Gini index country ranks ]
17.4% of GDP (2011 est.)
country comparison to the world: 149
[see also: Investment (gross fixed) country ranks ]
revenues: $10.29 billion
[see also: Budget revenues country ranks ]
expenditures: $9.88 billion (2011 est.)
[see also: Budget expenditures country ranks ]
43% of GDP (2011 est.)
country comparison to the world: 32
[see also: Taxes and other revenues country ranks ]
1.7% of GDP (2011 est.)
country comparison to the world: 25
[see also: Budget surplus (+) or deficit (-) country ranks ]
38% of GDP (2011 est.)
country comparison to the world: 78
note: data cover general Government Debt, and includes debt instruments issued by Government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities
[see also: Public debt country ranks ]
10.1% (2011 est.)
country comparison to the world: 189
[see also: Inflation rate (consumer prices) country ranks ]
3% (31 December 2010 est.)
country comparison to the world: 99
[see also: Central bank discount rate country ranks ]
10.9% (31 December 2011 est.)
country comparison to the world: 101
[see also: Commercial bank prime lending rate country ranks ]
$5.78 billion (31 December 2011 est.)
country comparison to the world: 90
[see also: Stock of narrow money country ranks ]
$13.75 billion (31 December 2010 est.)
country comparison to the world: 96
[see also: Stock of broad money country ranks ]
$7.553 billion (31 December 2011 est.)
country comparison to the world: 103
[see also: Stock of domestic credit country ranks ]
$3.388 billion (31 December 2010)
country comparison to the world: 89
[see also: Market value of publicly traded shares country ranks ]
soybeans, coffee, coca, cotton, corn, sugarcane, rice, potatoes; timber
mining, smelting, petroleum, food and beverages, tobacco, handicrafts, clothing
4% (2010 est.)
country comparison to the world: 91
[see also: Industrial production growth rate country ranks ]
6.085 billion kWh (2010 est.)
country comparison to the world: 108
[see also: Electricity - production country ranks ]
5.814 billion kWh (2010 est.)
country comparison to the world: 108
[see also: Electricity - consumption country ranks ]
0 kWh (2009 est.)
[see also: Electricity - exports country ranks ]
0 kWh (2010 est.)
[see also: Electricity - imports country ranks ]
53,740 bbl/day (2010 est.)
country comparison to the world: 61
[see also: Oil - production country ranks ]
62,000 bbl/day (2010 est.)
country comparison to the world: 93
[see also: Oil - consumption country ranks ]
5,621 bbl/day (2010 est.)
country comparison to the world: 103
[see also: Oil - exports country ranks ]
17,330 bbl/day (2010 est.)
country comparison to the world: 121
[see also: Oil - imports country ranks ]
14.73 billion cu m (2010 est.)
country comparison to the world: 34
[see also: Natural gas - production country ranks ]
3.01 billion cu m (2010 est.)
country comparison to the world: 73
[see also: Natural gas - consumption country ranks ]
11.72 billion cu m (2010 est.)
country comparison to the world: 19
[see also: Natural gas - exports country ranks ]
0 cu m (2010 est.)
country comparison to the world: 160
[see also: Natural gas - imports country ranks ]
750.4 billion cu m (1 January 2011 est.)
country comparison to the world: 30
[see also: Natural gas - proved reserves country ranks ]
$1.211 billion (2011 est.)
country comparison to the world: 45
[see also: Current account balance country ranks ]
$8.188 billion (2011 est.)
country comparison to the world: 100
[see also: Exports country ranks ]
natural gas, soybeans and soy products, crude petroleum, zinc ore, tin
Brazil 43.5%, US 12.3%, Peru 6.8%, Colombia 5.5%, Japan 5.1%, Argentina 4.8% (2010)
$6.385 billion (2011 est.)
country comparison to the world: 110
[see also: Imports country ranks ]
petroleum products, plastics, paper, aircraft and aircraft parts, prepared foods, automobiles, insecticides, soybeans
Brazil 27.4%, Argentina 17.3%, US 11.9%, Peru 9.6%, Chile 7.8%, China 4.1% (2010)
$10.78 billion (31 December 2011 est.)
country comparison to the world: 71
[see also: Reserves of foreign exchange and gold country ranks ]
$6.856 billion (31 December 2011 est.)
country comparison to the world: 103
[see also: Debt - external country ranks ]
$7.257 billion (31 December 2010)
country comparison to the world: 84
[see also: Stock of direct foreign investment - at home country ranks ]
$21 million (31 December 2010)
country comparison to the world: 85
[see also: Stock of direct foreign investment - abroad country ranks ]
bolivianos (BOB) per US dollar -
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
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This page was last modified 07-Mar-12