Bolivia Real GDP
Bolivia's real GDP rose to $40.05 billion in 2024, up from $39.5 billion in 2023, according to World Bank. This represents an increase of 1.4% ($546.96 million) from the previous year and accounts for 0.04% of the world's total real GDP. Bolivia has real GDP higher than the global median ($40.05 billion vs median $29.34 billion). Compared with the median in Americas, Bolivia is higher ($40.05 billion vs regional median $22.14 billion) and ranks 18th out of 43 countries in Americas.
Bolivia's GDP per capita was $3,226.19 in 2024, unchanged from 2023.
Yearly Historical Data (1960-2024)
(in Billion USD)Bolivia Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Bolivia, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.