World Factbook

Bolivia

Estado Plurinacional de Bolivia

Last updated: 2026-03-28 (today)

Budget

revenues

$11.796 billion (2019 est.)

expenditures

$14.75 billion (2019 est.)

Exports

note

note: balance of payments - exports of goods and services in current dollars

Exports 2021

$11.594 billion (2021 est.)

Exports 2022

$14.465 billion (2022 est.)

Exports 2023

$11.905 billion (2023 est.)

Imports

note

note: balance of payments - imports of goods and services in current dollars

Imports 2021

$10.187 billion (2021 est.)

Imports 2022

$13.462 billion (2022 est.)

Imports 2023

$12.988 billion (2023 est.)

Industries

mining, smelting, electricity, petroleum, food and beverages, handicrafts, clothing, jewelry

Labor force

6.859 million (2024 est.)

note: number of people ages 15 or older who are employed or seeking work

Public debt

note

note: data cover general government debt and includes debt instruments issued by government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities

Public debt 2017

49% of GDP (2017 est.)

Remittances

note

note: personal transfers and compensation between resident and non-resident individuals/households/entities

Remittances 2021

3.5% of GDP (2021 est.)

Remittances 2022

3.3% of GDP (2022 est.)

Remittances 2023

3.2% of GDP (2023 est.)

Exchange rates

Currency

bolivianos (BOB) per US dollar -

Exchange rates 2020

6.91 (2020 est.)

Exchange rates 2021

6.91 (2021 est.)

Exchange rates 2022

6.91 (2022 est.)

Exchange rates 2023

6.91 (2023 est.)

Exchange rates 2024

6.91 (2024 est.)

Debt - external

note

note: present value of external debt in current US dollars

Debt - external 2023

$11.174 billion (2023 est.)

Economic overview

resource-rich economy benefits during commodity booms; has bestowed juridical rights to Mother Earth, impacting extraction industries; increasing Chinese lithium mining trade relations; hard hit by COVID-19; increased fiscal spending amid poverty increases; rampant banking and finance corruption

Unemployment rate

note

note: % of labor force seeking employment

Unemployment rate 2022

3.6% (2022 est.)

Unemployment rate 2023

3.1% (2023 est.)

Unemployment rate 2024

3.1% (2024 est.)

Exports - partners

Brazil 15%, India 13%, China 11%, Argentina 11%, UAE 8% (2023)

note: top five export partners based on percentage share of exports

Imports - partners

China 22%, Brazil 18%, Chile 13%, USA 7%, Peru 5% (2023)

note: top five import partners based on percentage share of imports

Real GDP per capita

note

note: data in 2021 dollars

Real GDP per capita 2022

$9,700 (2022 est.)

Real GDP per capita 2023

$9,800 (2023 est.)

Real GDP per capita 2024

$9,800 (2024 est.)

Real GDP growth rate

note

note: annual GDP % growth based on constant local currency

Real GDP growth rate 2022

3.6% (2022 est.)

Real GDP growth rate 2023

3.1% (2023 est.)

Real GDP growth rate 2024

1.4% (2024 est.)

Agricultural products

sugarcane, soybeans, maize, potatoes, sorghum, rice, milk, chicken, plantains, beef (2023)

note: top ten agricultural products based on tonnage

Exports - commodities

gold, natural gas, precious metal ore, zinc ore, soybean meal (2023)

note: top five export commodities based on value in dollars

Imports - commodities

refined petroleum, cars, pesticides, trucks, plastics (2023)

note: top five import commodities based on value in dollars

Current account balance

note

note: balance of payments - net trade and primary/secondary income in current dollars

Current account balance 2021

$1.581 billion (2021 est.)

Current account balance 2022

$939.084 million (2022 est.)

Current account balance 2023

-$1.15 billion (2023 est.)

GDP (official exchange rate)

$49.668 billion (2024 est.)

note: data in current dollars at official exchange rate

GDP - composition, by end use

note

note: figures may not total 100% due to rounding or gaps in data collection

household consumption

68.5% (2023 est.)

government consumption

19.3% (2023 est.)

investment in inventories

0.1% (2023 est.)

investment in fixed capital

17.5% (2023 est.)

exports of goods and services

25.5% (2023 est.)

imports of goods and services

-30.9% (2023 est.)

Population below poverty line

37.7% (2022 est.)

note: % of population with income below national poverty line

Average household expenditures

on food

29.3% of household expenditures (2023 est.)

on alcohol and tobacco

2.2% of household expenditures (2023 est.)

Inflation rate (consumer prices)

note

note: annual % change based on consumer prices

Inflation rate (consumer prices) 2022

1.7% (2022 est.)

Inflation rate (consumer prices) 2023

2.6% (2023 est.)

Inflation rate (consumer prices) 2024

5.1% (2024 est.)

Industrial production growth rate

1.1% (2023 est.)

note: annual % change in industrial value added based on constant local currency

Real GDP (purchasing power parity)

note

note: data in 2021 dollars

Real GDP (purchasing power parity) 2022

$116.927 billion (2022 est.)

Real GDP (purchasing power parity) 2023

$120.531 billion (2023 est.)

Real GDP (purchasing power parity) 2024

$122.2 billion (2024 est.)

Youth unemployment rate (ages 15-24)

male

4.8% (2024 est.)

note

note: % of labor force ages 15-24 seeking employment

total

5.2% (2024 est.)

female

5.8% (2024 est.)

Reserves of foreign exchange and gold

note

note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars

Reserves of foreign exchange and gold 2022

$3.752 billion (2022 est.)

Reserves of foreign exchange and gold 2023

$1.8 billion (2023 est.)

Reserves of foreign exchange and gold 2024

$1.977 billion (2024 est.)

GDP - composition, by sector of origin

note

note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

industry

24.2% (2023 est.)

services

51.1% (2023 est.)

agriculture

13.5% (2023 est.)

Household income or consumption by percentage share

note

note: % share of income accruing to lowest and highest 10% of population

lowest 10%

1.8% (2023 est.)

highest 10%

31.3% (2023 est.)

Gini Index coefficient - distribution of family income

note

note: index (0-100) of income distribution; higher values represent greater inequality

Gini Index coefficient - distribution of family income 2023

42.1 (2023 est.)