GDP in Bolivia

Bolivia GDP | Economic News & Forecasts

Bolivia - GDP

While 2016 was a difficult year for Bolivia due to low commodity prices, its economy fared better than those of other commodity-dependent economies in the region. Growth in 2016 was mainly fueled by a large public investment program and robust credit growth, which partly offset temporary supply shocks in the hydrocarbon and agriculture sectors. However, the fiscal deficit remained large as a result of a broad decline in tax collection and increased government spending. On 9 March, President Morales signed a highly controversial bill that will almost double the amount of land allocated to legal coca production. Opposition legislators stated they would sue to block the law, arguing that it is unconstitutional because it violates international treaties.

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

Exchange Rate6.94-0.22 %Mar 27

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