It is estimated that the application of the latest standard would add US$824 billion. November 10, 2020. The … Bolivia gdp per capita for 2019 was $3,552, a 0.1% increase from 2018. The standard of living was $7,191 measured in GDP in PPP. Real GDP at Constant National Prices for the Plurinational State of Bolivia Millions of 2011 U.S. Though Bolivia real GDP growth fluctuated substantially in recent years, it tended to increase through 2000 - 2019 period ending at 2.8 % in 2019. Download historical data for 20 million indicators using your browser. 2019 ; Economic Growth (GDP, annual variation in %) 4.9 : 4.3 : 4.2 : 4.2 : 2.2 : Sample Report. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. The Gross Domestic Product (GDP) in Bolivia was worth 40.90 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The quality of economic data across Asia-Pacific region varies considerably across countries, mainly as a result of lack of statistical capacity. Bolivia gdp growth rate for 2016 was 4.26%, a 0.59% decline from 2015. Bolivia gdp per capita for 2018 was $3,549, a 5.89% increase from 2017. India, Japan, and Indonesia are third, fourth and fifth largest contributer, respectively. Bolivia, Real GDP Per Capita (in 1990 Bolivianos) 7 7 0 0 0 0 0 0 0 0 0 0 0 P 0 Source: IMF (2019). Tăng trưởng kinh tế khoảng 2.5% mỗi năm và lạm phát được cho ở mức 3% tới 4% năm 2002 (tỷ lệ này năm 2001 dưới 1%). Bolivia GDP - composition by sector. Turning to Q3, available data paints a still-downbeat picture. Data source is International Monetary Fund World Economic Outlook (October-2018). Download Historical Data Save as Image. All rights reserved.Terms & Conditions. Bolivia GDP Chart. The Bolivian economy seems rather strong in appearance: a sustained growth, an inflation under control (1.8% in 2019 and 2.3% in 2020 - April 2020 World Economic Outlook IMF), a public debt which remains relatively low (57.7% of GDP) and large currency reserves. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. We assume that he will continue the interventionist policies that marked his time as economy minister under Evo Morales (2006-19), but that he will take a more pragmatic approach when tackling Bolivia's deep external and fiscal imbalances. Moreover, 2019 growth came in below the 4.5% threshold, meaning that, for the second year running, salary bonuses equivalent to two months’ salary and awarded to any formal sector employee (public and private) at the end of the year, were not paid. GDP Growth Rate in 2017 was 4.20%, representing a change of 1,122,573,153 US$ over 2016, when Real GDP was $26,758,468,587. The latest value from 2019 is 29.7 billion U.S. dollars. Menu. Try our corporate solution for free! Facts and statistics about the GDP - composition by sector of Bolivia. Bolivia gdp growth rate for 2017 was 4.20%, a 0.07% decline from 2016. A country of extremes, landlocked Bolivia is the highest and most isolated country in South America. High commodity prices between 2010 and 2014 sustained rapid growth and large trade surpluses with GDP growing 6.8% in 2013 and 5.4% in 2014. The president, Luis Arce of the left-wing Movimiento al Socialismo (MAS), took office on November 8th. Current Account to GDP in Bolivia averaged -1.73 percent from 1980 until 2019, reaching an all time high of 12.10 percent in 2008 and a record low of -9.30 percent in 1987. Bolivia Economic Outlook. The estimated gross domestic product (GDP) for Bolivia totaled $35.69 billion at the official exchange rate and $78.35 billion by PPP. GDP (nominal) of United States has increased by $859 billion in 2019 followed by China with $772 billion. The une… Category: Countries > Bolivia, Plurinational State of, 27 economic data series, FRED: Download, graph, and track economic data. The president, Luis Arce of the left-wing Movimiento al Socialismo (MAS), took office on November 8th. President Morales was elected to a second full term in office in 2014. Bolivia’s real per capita GDP has grown at double the rate for Latin America and the Caribbean (LAC) since 2006. {"2005":4282950.12, "2006":4488408.38, "2007":4693274.32, "2008":4981840.59, "2009":5149093.20, "2010":5361573.91, "2011":5638978.01, "2012":5927806.46, "2013":6330660.19, "2014":6676377.54, "2015":7000649.20, "2016":7299156.88, "2017":7605356.52, "2018":7932386.85, "2019":8154493.68}, [{"1945":13.35, "1946":13.59, "1947":13.83, "1948":14.13, "1949":14.42, "1950":14.72, "1951":15.76, "1952":16.23, "1953":14.70, "1954":15.00, "1955":15.80, "1956":14.86, "1957":14.37, "1958":14.71, "1959":14.66, "1960":13.25, "1961":13.49, "1962":14.34, "1963":15.31, "1964":16.04, "1965":16.78, "1966":17.96, "1967":19.42, "1968":16.78, "1969":17.29, "1970":17.06, "1971":17.93, "1972":19.35, "1973":20.47, "1974":21.07, "1975":22.61, "1976":23.65, "1977":24.83, "1978":25.34, "1979":25.37, "1980":25.02, "1981":25.25, "1982":24.15, "1983":23.07, "1984":22.94, "1985":22.71, "1986":22.15, "1987":22.72, "1988":23.40, "1989":24.28, "1990":25.41, "1991":26.75, "1992":27.19, "1993":28.35, "1994":29.67, "1995":31.06, "1996":32.42, "1997":34.02, "1998":35.73, "1999":35.88, "2000":36.78, "2001":37.40, "2002":38.33, "2003":39.37, "2004":41.02, "2005":42.83, "2006":44.88, "2007":46.93, "2008":49.82, "2009":51.49, "2010":53.62, "2011":56.39, "2012":59.28, "2013":63.31, "2014":66.76, "2015":70.01, "2016":72.99, "2017":76.05, "2018":79.32, "2019":81.54}], {"1971":5.1, "1972":8.0, "1973":5.7, "1974":2.9, "1975":7.3, "1976":4.6, "1977":5.0, "1978":2.1, "1979":0.1, "1980":-1.4, "1981":0.9, "1982":-4.4, "1983":-4.5, "1984":-0.6, "1985":-1.0, "1986":-2.5, "1987":2.6, "1988":3.0, "1989":3.8, "1990":4.6, "1991":5.3, "1992":1.6, "1993":4.3, "1994":4.7, "1995":4.7, "1996":4.4, "1997":5.0, "1998":5.0, "1999":0.4, "2000":2.5, "2001":1.7, "2002":2.5, "2003":2.7, "2004":4.2, "2005":4.4, "2006":4.8, "2007":4.6, "2008":6.1, "2009":3.4, "2010":4.1, "2011":5.2, "2012":5.1, "2013":6.8, "2014":5.5, "2015":4.9, "2016":4.3, "2017":4.2, "2018":4.3, "2019":2.8}. We assume that he will continue the interventionist policies that marked his time as economy minister under Evo Morales (2006-19), but that he will take a more pragmatic approach when tackling Bolivia's deep external and fiscal imbalances. Bolivia gdp growth rate for 2019 was 2.22%, a 2.01% decline from 2018. ... 1960 - 2019 GDP per capita growth (annual %) ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. For example, Bolivia’s Exports rank is higher than (please wait...) of the countries in the dataset. November 10, 2020. Bolivia's Problem Is Macroeconomics, Not Socialism . How Bolivian Leader Evo Morales Cut Poverty — But Lost The People's Trust : Goats and Soda After a controversial reelection in October, the Bolivian leader has sought asylum in Mexico. In brief. Top Losers in 2019: Out of 193 economies estimated by IMF, GDP of 72 economies has decreased in 2019 compare to 2018. Gross domestic product 2019 (millions of Ranking Economy US dollars) ARM 131 Armenia 13,673 GIN 132 Guinea 13,590 BRN 133 Brunei Darussalam 13,469 NER 134 Niger 12,928 BHS 135 Bahamas, The 12,827 MKD 136 North Macedonia 12,695 NIC 137 Nicaragua 12,521 NAM 138 Namibia 12,367 MDA … India, Japan, and Indonesia are third, fourth and fifth largest contributer, respectively. He has won plaudits for fighting poverty and improving Bolivia's economy but drew controversy by defying constitutional limits to run We have launched our mobile APP get it now. The last Article IV Executive Board Consultation was on November 9, 2018. Bolivia has recently held investment at very high levels as compared to the past, with investment averaging 21.8 percent of GDP annually in the past five years (2014–2018). Browse by Country or Indicator. The presidential elections scheduled for late 2019 will be an inflection point in Bolivian history no matter who wins. Bolivia gdp for 2016 was $33.94B, a 2.85% increase from 2015. Download. Bolivia gdp growth rate for 2018 was 4.22%, a 0.03% increase from 2017. Goods exports totaled $552 million; goods imports totaled $455 million. The global decline in oil prices that began in late 2014 exerted downward pressure on the price Bolivia receives for exported gas and resulted in lower GDP growth rates - 4.9% in 2015 and 4.3% in 2016 - and losses in government revenue as well as fiscal and trade deficits. Missing data, out of date base years, disputed population data and the size of the unrecorded informal economy means that international rankings of countries in terms of GDP and GDP per capita are meaningless. The country’s economic growth was estimated at 5.2% while the inflation rate was at 4.5%. From 1977 to 1986, Bolivia lost almost all the gains in GDP per capita that it had achieved since 1960." In 2019, real GDP growth for Bolivia was 2.8 %. ... 2019; Bolivians took to the streets after President Evo Morales announced his resignation. Bolivia’s unemployment was nearly halved (from 7.7 percent to 4.4 percent) in 2008, and has continued at roughly around that level through 2018. November 26, 2019 3:17 PM ET. Factbook > Countries > Bolivia > Economy. Between 1998 and 2002, Bolivia experienced a financial crisis. GDP From Construction in Bolivia averaged 251808.67 BOB Thousand from 1990 until 2019, reaching an all time high of 721087 BOB Thousand in the fourth quarter of 2018 and a record low of 2496 BOB Thousand in the fourth quarter of 1999. Bolivia recorded a Current Account deficit of 3.40 percent of the country's Gross Domestic Product in 2019. © World Economics Limited. GDP per capita (current US$) Bolivia. Despite a series of mostly political setbacks, between 2006 and 2009 the Morales administration has spurred growth higher than at any point in the preceding 30 years. Bolivia Though Bolivia GDP growth (annual %) fluctuated substantially in recent years, it tended to increase through 1970 - 2019 period ending at 2.22 % in 2019. 5 years of economic forecasts for more than 30 economic indicators. Download Historical Data Save as Image. According to one study, "persistent deficits and a fixed exchange rate policy during the 1970s led to a debt crisis that began in 1977. India’s GDP (PPP) is $10.51 trillion, exceeding that of Japan and Germany. Economic activity contracted more sharply in August, with the construction, transport and mining sectors hit the hardest. The same Evo Morales, in his annual management report given on January 22, 2019, highlighted the growth of 327% of Bolivia's nominal GDP. Bolivia has recently held investment at very high levels as compared to the past, with investment averaging 21.8 percent of GDP annually in the past five years (2014–2018). 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2020 bolivia gdp 2019