What is the GDP of Bolivia?

Bolivia's GDP is approximately $54.9 billion USD. The GDP growth rate is -1.1%.

What is the population of Bolivia?

Bolivia has a population of approximately 12.4 million people. The population growth rate is 1.4%.

What is the inflation rate in Bolivia?

The inflation rate in Bolivia is 5.1%.

What is the unemployment rate in Bolivia?

The unemployment rate in Bolivia is 3%.

What is the GDP per capita of Bolivia?

Bolivia's GDP per capita is approximately $4,421 USD.

Is Bolivia a good country to invest in?

Bolivia has an investment score of 30/100, classified as "Caution" risk. Key sectors include Mining, Hydrocarbons, Agriculture. Credit rating: NR.

How open is Bolivia's economy to trade?

Bolivia's trade openness (trade as % of GDP) is 47%. Exports total approximately $11.8B and imports $14B.

How much foreign investment does Bolivia attract?

Foreign direct investment (FDI) in Bolivia is 0.7% of GDP. There may be opportunities for early-mover investors.

What are the main economic sectors in Bolivia?

Bolivia's economy is composed of services (53% of GDP), industry (31% of GDP), and agriculture (9% of GDP).

Can I start a business in Bolivia as a foreigner?

Bolivia offers various options for foreign entrepreneurs. Visit our business setup guide for Bolivia for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Bolivia's economy growing?

Bolivia's GDP growth rate is -1.1%. The economy is currently contracting.

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Bolivia Economy Overview

Name: Bolivia Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Latin America & CaribbeanLower MiddleCapital: SucreBOL

Caution

Shrinking

54.9B USD

GDP (Nominal)

Growing at -1.1%

$4,421

GDP Per Capita

Middle income level

12.4M

Population

+1.4% annual growth

High

5.1%

Inflation

Moderate

47%of GDP

Trade Openness

0.7%of GDP

FDI Inflows

Public Debt

Low

Unemployment

Deficit

-$2.2B

Trade Balance

GDP

Billion USD, nominal

$54.9B

2024+2.5B

GDP Growth

Annual %

-1.1%

2024-3.6%

Inflation

Consumer prices, annual %

5.1%

2024+2.5%

Population

Millions

12.4M

2024+0.2M

Economic Structure

Services53%

Industry31%

Agriculture9%

Investment Score Breakdown

Economic Health (30%)28

Political Safety (25%)25

Business Climate (20%)30

Financial Strength (15%)26

Growth Potential (10%)42

Key Sectors

Mining

12% of GDP

declining

Hydrocarbons

10% of GDP

declining

Agriculture

14% of GDP

stable

Manufacturing

12% of GDP

stable

Should I Invest in Bolivia?

CautionSetup: ModerateROI: Low

Bolivia scores 30/100 on the NationsData Investment Index, rated "Caution". Growth is subdued at 1.5%.

Investment Score30/100

GDP Growth1.5%

Inflation3.6%

FDI/GDP0.8%

Public Debt68%

Political Stability-0.6

Strengths

Risks

-Significant political instability - governance risks may affect business continuity
-Corruption is a significant concern - budget for compliance and due diligence

Also Consider

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Same region, similar income level, faster growth (3.6%)

Nicaragua

Same region, similar income level, faster growth (3.8%)

El Salvador

Same region, similar income level, faster growth (3%)

Argentina

Same region

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