The Gross Domestic Product (GDP) in Bolivia contracted 9.84 percent in the first quarter of 2019 over the previous quarter. GDP Growth Rate in Bolivia averaged 1.81 percent from 1991 until 2019, reaching an all time high of 17.60 percent in the first quarter of 2004 and a record low of -15.70 percent in the fourth quarter of 2008. source: Instituto Nacional de Estadística de Bolivia
GDP Growth Rate in Bolivia is expected to be -0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Bolivia to stand at 1.80 in 12 months time. In the long-term, the Bolivia GDP Growth Rate is projected to trend around 1.30 percent in 2020, according to our econometric models.