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Bolivia GDP Annual Growth Rate

Bolivia's GDP annual growth rate fell to 1.38% in 2024, down from 3.08% in 2023, according to World Bank. This represents a decrease of 1.7% from the previous year. Bolivia has GDP annual growth rate lower than the global median (1.38% vs median 3.24%). Compared with the median in Americas, Bolivia is lower (1.38% vs regional median 3.27%) and ranks 36th out of 44 countries in Americas.

Bolivia's real GDP rose to $40.05 billion in 2024, up from $39.5 billion in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 1.38%
2023 3.08%
2022 3.61%
2021 6.11%
2020 -8.74%
2019 2.22%
2018 4.22%
2017 4.2%
2016 4.26%
2015 4.86%
2014 5.46%
2013 6.8%
2012 5.12%
2011 5.2%
2010 4.13%
2009 3.36%
2008 6.15%
2007 4.56%
2006 4.8%
2005 4.42%
2004 4.17%
2003 2.71%
2002 2.49%
2001 1.68%
2000 2.51%
1999 0.43%
1998 5.03%
1997 4.95%
1996 4.36%
1995 4.68%
1994 4.67%
1993 4.27%
1992 1.65%
1991 5.27%
1990 4.64%
1989 3.79%
1988 2.91%
1987 2.46%
1986 -2.57%
1985 -1.68%
1984 -0.2%
1983 -4.04%
1982 -3.94%
1981 0.28%
1980 -1.37%
1979 0.13%
1978 2.05%
1977 4.97%
1976 4.61%
1975 7.31%
1974 2.94%
1973 5.74%
1972 7.97%
1971 5.06%
1970 5.23%
1969 4.47%
1968 8.53%
1967 6.32%
1966 7.17%
1965 4.91%
1964 3.96%
1963 6.8%
1962 5.58%
1961 2.09%
Bolivia GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Bolivia's total economic output.
Indicator Last Value Prior Value Period
GDP $49.67B $45.14B 2024
GDP per Capita $3,226.19 $3,226.09 2024
GDP per Capita PPP $9,844.28 $9,843.97 2024
Real GDP $40.05B $39.5B 2024