GDP in Bolivia

Bolivia GDP | Economic News & Forecasts

Bolivia - GDP

Recently released figures show that the economy grew 4.3% in 2016, marking a six-year low. Despite the weak print, Bolivia still managed to grow faster than other commodity-dependent economies in the region thanks to resilient private and public consumption. According to production-based GDP data, the manufacturing industry contributed the most to last year’s growth, closely followed by the financial sector. Meanwhile, the all-important oil and gas sector was the only one out of twelve to register a contraction as a result of the low price environment. On 27 April, President Evo Morales approved an increase in the country’s minimum wage by 10.8%.

Bolivia - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)5.2  5.1  6.8  5.5  4.9  

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Bolivia GDP Chart

Bolivia GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: National Statistical Institute and FocusEconomics calculations.

Bolivia Facts

Exchange Rate6.97-0.07 %May 24

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