GDP per capita in Bolivia
Bolivia - GDP per capita (U.S. Dollars)Recently released national accounts data revealed the economy shrank 8.8% during 2020, as domestic demand declined sharply. The first half of 2021 saw a sharp rebound, however, with GDP growing at an over 30-year-high rate of 21.8% in Q2 (Q1: -1.1% yoy) as private consumption surged on a low base effect. Moving to Q3, activity continued to expand at a double-digit rate in July, although the reading was again boosted by a favorable base effect. Furthermore, the unemployment rate dropped to a 17-month low in August, likely supporting private spending in the quarter. Meanwhile, the vaccination drive lost some steam at the tail end of Q3 and heading into Q4, which, coupled with another uptick in daily infection rates, prompted authorities to extend current domestic and entry restrictions until at least 31 December. This could cap the pace of recovery in the final months of the year.
Bolivia - GDP per capita (USD) Data
|GDP per capita (USD)||3,037||3,084||3,345||3,540||3,541|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||6.91||-0.14 %||Jan 01|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.