GDP in Bolivia

Bolivia GDP | Economic News & Forecasts

Bolivia - GDP

While Bolivia’s GDP growth is expected to have decelerated in 2016 due to low commodity prices, it likely still achieved one of the highest rates in Latin America. Growth in 2016 was driven by an expansionary fiscal policy and strong credit growth, which helped compensate for the effects of a major drought on agricultural output and temporary supply shocks in gas production. However, Bolivia’s large fiscal and external current account deficits are persisting. On 8 February, the government declared a state of emergency after a plague of locusts destroyed more than 1,000 hectares of crops in a country where small-scale farming and agriculture constitute an important part of the economy.

Bolivia - GDP Data

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

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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

ValueChangeDate
Exchange Rate6.94-0.14 %Feb 16

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