Bolivia’s economic freedom score is 42.8, making its economy the 175th freest in the 2020 Index. GDP From Construction in Bolivia increased to 715139 BOB Thousand in the fourth quarter of 2019 from 589876 BOB Thousand in the third quarter of 2019. November 10, 2020. Bolivia GDP (Gross Domestic Product) was INT$81.54billion for 2019 in PPP terms. The gross domestic product (GDP) measures of national income and output for a given country's economy. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. Bolivia’s real per capita GDP has grown at double the rate for Latin America and the Caribbean (LAC) since 2006. 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. ... 1960 - 2019 GDP per capita growth (annual %) ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. India’s GDP (PPP) is $10.51 trillion, exceeding that of Japan and Germany. Turning to Q3, available data paints a still-downbeat picture. Due to India’s high population, India’s GDP per capita is $2,170 (for comparison, the U.S. is $62,794). Bolivia recorded a Current Account deficit of 3.40 percent of the country's Gross Domestic Product in 2019. 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. Bolivia Global Economic Prospects examines trends for the world economy and how they affect developing countries. 1960-2019 Data | 2020-2022 Forecast | Historical | Chart | News. Definition: This entry shows where production takes place in an economy. (212) 419-8286 Try our corporate solution for free! Data are in current U.S. dollars. Bolivia’s economic freedom score is 42.8, making its economy the 175th freest in the 2020 Index. 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. U.S.-Bolivia Trade Facts. GDP per Capita in the Plurinational State of Bolivia (with a population of 11,192,855 people) was $2,491 in 2017, an increase of $65 from $2,426 in 2016; this represents a change of 2.7% in GDP per capita. GDP shrank at a record annual pace of 21.7% in Q2 (Q1: +0.6% yoy) amid plunging domestic demand and collapsing exports due to the Covid-19 fallout. It is estimated that the application of the latest standard would add US$824 billion. While in 2019 Bolivia's GDP growth was 2.6%, in 2020 it has slid to approximately -3.7%. Dataset: The president, Luis Arce of the left-wing Movimiento al Socialismo (MAS), took office on November 8th. ... 2019; Bolivians took to the streets after President Evo Morales announced his resignation. 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. Bolivia's estimated 2012 gross domestic product (GDP) totaled $27.43 billion at official exchange rate and $56.14 billion at purchasing power parity. Bolivia gdp per capita for 2019 was $3,552, a 0.1% increase from 2018. 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. 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. Bolivia gdp growth rate for 2016 was 4.26%, a 0.59% decline from 2015. The most unreliable economic data is produced in Argentina which has manipulated inflation and GDP statistics since 2007. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Data source is International Monetary Fund World Economic Outlook (October-2018). Bolivia gdp growth rate for 2017 was 4.20%, a 0.07% decline from 2016. Economic activity contracted more sharply in August, with the construction, transport and mining sectors hit the hardest. The growth was accompanied by a moderate decrease in inequality. Bolivia gdp for 2018 was $40.29B, a 7.41% increase from 2017. The GDP of Bolivia grew by 4.85% in 2016. services: 48.2% (2017 est.) Dân số ước lượng (2019) ... (GDP) năm 2016 của Bolivia đạt 35.699 tỷ dollar Mỹ, đứng thứ 95 thế giới và đứng thứ 15 khu vực Mỹ Latin. The global decline in oil prices that began in late 2014 exerted downward pressure on the price Bolivia receives for exported gas and resulted in lower GDP growth rates - 4.9% in 2015 and 4.3% in 2016 - and losses in government revenue as well as fiscal and trade deficits. Over the last 20 years, GDP of Bolivia grew substantially from 8.39 to 42.4 billion US dollars rising at an increasing annual rate that reached a maximum of 27.06% in 2008 and then decreased to 4.48% in 2019. Real GDP at Constant National Prices for the Plurinational State of Bolivia Millions of 2011 U.S. source: World Bank 10Y 25Y Bolivia Coronavirus Deaths at 8972.00 Persons, Bolivia Coronavirus Cases at 144810.00 Persons, Bolivia Coronavirus Recovered at 123673.00 Persons, Bolivia Current Account to GDP at -3.40 percent, Bolivia Government Debt to GDP at 57.70 percent, Deposit Interest Rate in Bolivia at 3.18 percent, Ease of Doing Business in Bolivia at 150.00, Bolivia Bank Lending Rate at 5.83 percent, Bolivia Balance of Trade at 7.62 USD Million, Oil Rallies after OPEC Announce Production Cut, Uruguay Inflation Rate Eases to 8-Month Low, Armenia Inflation Rate Rises to 1.6% in November, South Africa Stocks End at Over 10-Month High. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. GDP PPP based on: 2011 International Dollars. GDP per capita (current US$) Bolivia. All rights reserved.Terms & Conditions. Countries that rely on commodities, external financing and currency pegs are … According to World Bank data, Bolivian nominal GDP has increased considerably since 2005, when it was at USD $ 9,549 million, compared to the current USD $ 40,500 million reported by La República. Bolivia GDP - composition by sector. Bolivia gdp growth rate for 2017 was 4.20%, a 0.07% decline from 2016. The country's GDP grew an average of 4.8% a year from 2004 to 2017, while the percentage of the population living in … 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. 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. Gross domestic product 2019, PPP (millions of Ranking Economy international dollars) MKD 123 North Macedonia 37,117 NIC 124 Nicaragua 36,859 CYP 125 Cyprus 36,377 f MDA 126 Moldova 36,075 g KGZ 127 Kyrgyz Republic 35,324 GIN 128 Guinea 34,103 GAB 129 Gabon 33,645 TJK 130 Tajikistan 32,808 MUS 131 Mauritius … During the commodities supercycle, Bolivia’s economy expanded, and poverty declined. Top Losers in 2019: Out of 193 economies estimated by IMF, GDP of 72 economies has decreased in 2019 compare to 2018. The use of different national income standards across Europe has an impact on cross-country comparability and in some cases leads to an underestimation of GDP. Category: Countries > Bolivia, Plurinational State of, 27 economic data series, FRED: Download, graph, and track economic data. Publish your articles and forecasts in our website. Or Call us on- 9354229384, 9354252518, 9999830584. For example, Bolivia’s Exports rank is higher than (please wait...) of the countries in the dataset. The Trading Economics Application Programming Interface (API) provides direct access to our data. 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. Menu. Note: Annual variation of gross domestic product (GDP) in %. GDP (Nominal), GDP (PPP), GDP (Nominal) per capita, GDP (PPP) per capita, GDP Growth and rank in 2019. 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. CSV XML EXCEL. The statistic shows gross domestic product (GDP) in Bolivia from 1984 to 2018, with projections up until 2021. The country’s growing economy and shrinking inequality propped him up for years. B oliviaÕs economic freedom score is 42.3, making its economy the 173rd freest in the 2019 Index . 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