The Gross Domestic Product (GDP) in Bolivia expanded 2.84 percent in the second quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Bolivia averaged 4.14 percent from 1991 until 2019, reaching an all time high of 8.07 percent in the third quarter of 1994 and a record low of -0.89 percent in the second quarter of 1999. source: Instituto Nacional de Estadística de Bolivia

GDP Annual Growth Rate in Bolivia is expected to be 3.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Bolivia to stand at 3.60 in 12 months time. In the long-term, the Bolivia GDP Annual Growth Rate is projected to trend around 3.70 percent in 2020, according to our econometric models.

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Bolivia GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.84 3.44 8.07 -0.89 1991 - 2019 percent Quarterly


Bolivia GDP Annual Growth Rate
The biggest sector of Bolivia´s economy is services. Financing, insurance, real estate and business services; transport, communication and warehousing; trade, restaurants and hotels and community, social, personal, household and government services account for 50 percent of the GDP. Manufacturing creates 18 percent of the wealth and agriculture, forestry, fishing and hunting 13 percent. Mining and quarrying constitute 13 percent of the output and construction and water, electricity and gas distribution account for the remaining 6 percent of GDP.

Bolivia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -9.84 -1.14 17.60 -15.70 percent [+]
GDP Annual Growth Rate 2.84 3.44 8.07 -0.89 percent [+]
GDP 40.29 37.51 40.29 0.37 USD Billion [+]
GDP Constant Prices 12531060.00 11355130.00 12808532.00 3587595.00 BOB THO [+]
Gross Fixed Capital Formation 2277733.00 2113757.00 3921684.00 370326.00 BOB Thousand [+]
GDP per capita 2559.51 2490.96 2559.51 1005.41 USD [+]
GDP per capita PPP 6986.05 6798.93 6986.05 3702.60 USD [+]
GDP From Agriculture 1999498.00 1525080.00 1999498.00 54092.00 BOB Thousand [+]
GDP From Construction 403172.00 274967.00 721087.00 2496.00 BOB Thousand [+]
GDP From Manufacturing 2067394.00 1764692.00 2150890.00 77474.00 BOB Thousand [+]
GDP From Public Administration 1227971.00 1213524.00 1311707.00 40584.00 BOB Thousand [+]
GDP From Services 1083334.00 879075.00 1083334.00 34102.00 BOB Thousand [+]
GDP From Transport 1358000.00 1252570.00 1464967.00 37035.00 BOB Thousand [+]
GDP From Utilities 269515.00 220753.00 304153.00 8214.00 BOB Thousand [+]