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Bolivia Trade (% GDP)

Bolivia's trade (% GDP) fell to 56.46% in 2023, down from 67.76% in 2022, according to World Bank. This represents a decrease of 11.3% from the previous year. Bolivia has trade (% GDP) lower than the global median (56.46% vs median 84.49%). Compared with the median in Americas, Bolivia is lower (56.46% vs regional median 78.04%) and ranks 23rd out of 32 countries in Americas.

Yearly Historical Data (1960-2023)

(in %)
Year Trade (% GDP)
2023 56.46%
2022 67.76%
2021 59.02%
2020 45.5%
2019 56.4%
2018 57.11%
2017 56.7%
2016 56.4%
2015 67.93%
2014 85.26%
2013 81.23%
2012 84.95%
2011 82.48%
2010 75.51%
2009 68.63%
2008 82.87%
2007 76.06%
2006 74.54%
2005 67.64%
2004 57.46%
2003 51.97%
2002 49.35%
2001 45.23%
2000 45.6%
1999 44.17%
1998 52.28%
1997 50.47%
1996 49.86%
1995 49.74%
1994 48.86%
1993 47.47%
1992 49.11%
1991 48.44%
1990 46.7%
1989 45.65%
1988 41.91%
1987 43.62%
1986 47.03%
1985 41.89%
1984 49.47%
1983 52.36%
1982 58.47%
1981 46.22%
1980 46.81%
1979 51.57%
1978 52.7%
1977 56.42%
1976 57.56%
1975 58.15%
1974 62.09%
1973 56.03%
1972 45.13%
1971 45.79%
1970 48.96%
1969 43.67%
1968 43.82%
1967 48.51%
1966 47.74%
1965 48.15%
1964 43.77%
1963 43.32%
1962 40.75%
1961 39.74%
1960 40.14%
Bolivia Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Bolivia divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $9.06B $10.92B 2024
Annual Imports $9.9B $11.49B 2024
Exports (% GDP) 25.53% 32.61% 2023
FDI Inflows (% GDP) 0.53% 0.01% 2023
Imports (% GDP) 30.93% 35.14% 2023
Net Trade (Goods & Services, BoP) -$1.08B $1B 2023
Tariff Rate 9.83% 9.83% 2022