External balance on goods and services as a percent of GDP in Bolivia, Plurinational State of
Bolivia, Plurinational State of: External balance on goods and services as a percent of GDP was -4.1% in 2024. ◆ Volatile
Latest (2024)
-4.1%
Change on year
up 14.5%
World rank
101st
of 191 countries
All-time high
9.4%
in 2012
All-time low
-12.9%
in 1998
Years of data
65
1960–2024
External balance on goods and services as a percent of GDP in Bolivia, Plurinational State of, 1960–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2024, external balance on goods and services as a percent of gdp in Bolivia, Plurinational State of stood at -4.1%.
Compared with earlier readings it is up 14.5% on the previous year and down 410.8% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Bolivia, Plurinational State of peaked at 9.4% in 2012 and was at its lowest, -12.9%, in 1998.
Bolivia, Plurinational State of ranks 101st of 191 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services as a percent of GDP in Bolivia, Plurinational State of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | -7.7% | — |
| 1961 | -6.9% | -10.2% |
| 1962 | -10.5% | +50.7% |
| 1963 | -9.4% | -10.5% |
| 1964 | -3.2% | -66.1% |
| 1965 | -5.2% | +64.7% |
| 1966 | -5.2% | -0.1% |
| 1967 | -3.5% | -32.6% |
| 1968 | -4.3% | +21.0% |
| 1969 | -2.8% | -33.4% |
| 1970 | 0.2% | -108.5% |
| 1971 | -3.0% | -1354.7% |
| 1972 | -2.9% | -3.5% |
| 1973 | -0.6% | -79.2% |
| 1974 | 8.5% | -1503.1% |
| 1975 | -6.3% | -173.9% |
| 1976 | -2.2% | -64.8% |
| 1977 | -2.9% | +29.9% |
| 1978 | -7.5% | +161.7% |
| 1979 | -3.2% | -57.1% |
| 1980 | 2.2% | -169.6% |
| 1981 | 0.3% | -86.0% |
| 1982 | -0.3% | -208.5% |
| 1983 | 4.3% | -1359.9% |
| 1984 | -2.2% | -150.6% |
| 1985 | -3.8% | +75.2% |
| 1986 | -4.4% | +15.6% |
| 1987 | -4.4% | -0.5% |
| 1988 | -4.4% | +0.2% |
| 1989 | -0.7% | -84.9% |
| 1990 | -1.1% | +74.6% |
| 1991 | -5.5% | +377.4% |
| 1992 | -9.0% | +64.4% |
| 1993 | -9.3% | +3.2% |
| 1994 | -5.5% | -40.5% |
| 1995 | -4.6% | -16.2% |
| 1996 | -4.7% | +1.2% |
| 1997 | -8.2% | +75.8% |
| 1998 | -12.9% | +56.2% |
| 1999 | -10.4% | -19.2% |
| 2000 | -9.0% | -13.1% |
| 2001 | -5.3% | -41.6% |
| 2002 | -6.1% | +15.1% |
| 2003 | -0.8% | -87.4% |
| 2004 | 4.8% | -728.0% |
| 2005 | 3.5% | -28.2% |
| 2006 | 9.0% | +160.7% |
| 2007 | 7.5% | -16.4% |
| 2008 | 6.9% | -7.7% |
| 2009 | 2.8% | -59.4% |
| 2010 | 6.9% | +143.5% |
| 2011 | 5.7% | -16.9% |
| 2012 | 9.4% | +64.5% |
| 2013 | 7.0% | -25.9% |
| 2014 | 1.3% | -81.0% |
| 2015 | -6.2% | -568.8% |
| 2016 | -7.4% | +19.8% |
| 2017 | -6.5% | -12.5% |
| 2018 | -6.2% | -4.3% |
| 2019 | -5.7% | -7.9% |
| 2020 | -3.8% | -34.1% |
| 2021 | -0.6% | -85.1% |
| 2022 | -1.9% | +244.6% |
| 2023 | -4.8% | +148.0% |
| 2024 | -4.1% | -14.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -5.9% | -10.5% | -2.8% | 10 |
| 1970s | -2.0% | -7.5% | 8.5% | 10 |
| 1980s | -1.3% | -4.4% | 4.3% | 10 |
| 1990s | -7.1% | -12.9% | -1.1% | 10 |
| 2000s | 1.3% | -9.0% | 9.0% | 10 |
| 2010s | -0.2% | -7.4% | 9.4% | 10 |
| 2020s | -3.0% | -4.8% | -0.6% | 5 |
Countries ranked near Bolivia, Plurinational State of
More economy & growth data for Bolivia, Plurinational State of
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9744 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 156.49 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 12.44 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 620.35 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 73.34 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 49.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -70.67 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Bolivia, Plurinational State of?
- External balance on goods and services as a percent of gdp in Bolivia, Plurinational State of was -4.1% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Bolivia, Plurinational State of?
- The highest recorded value was 9.4% in 2012.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Bolivia, Plurinational State of?
- The lowest recorded value was -12.9% in 1998.
- How does Bolivia, Plurinational State of rank for external balance on goods and services as a percent of gdp?
- Bolivia, Plurinational State of ranks 101st out of 191 countries with data for 2024.
- Is external balance on goods and services as a percent of gdp rising or falling in Bolivia, Plurinational State of?
- Over the last ten years it is down 410.8%. The long-run trend across the full record is volatile.
- Where does this Bolivia, Plurinational State of data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.