External balance on goods and services in Bolivia
Bolivia: External balance on goods and services was -2.25 billion current US$ in 2024. ◆ Volatile
Latest (2024)
-2.25 billion current US$
Change on year
up 10.3%
World rank
134th
of 193 countries
All-time high
2.54 billion current US$
in 2012
All-time low
-3.01 billion current US$
in 2018
Years of data
65
1960–2024
External balance on goods and services in Bolivia, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Bolivia recorded -2.25 billion current US$ for external balance on goods and services in 2024.
That represents a change of up 10.3% on the previous year and down 616.9% over ten years.
Over the whole period, external balance on goods and services in Bolivia peaked at 2.54 billion current US$ in 2012 and was at its lowest, -3.01 billion current US$, in 2018.
Bolivia ranks 134th of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Bolivia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | -29.12 million current US$ | — |
| 1961 | -28.45 million current US$ | -2.3% |
| 1962 | -46.89 million current US$ | +64.8% |
| 1963 | -45.20 million current US$ | -3.6% |
| 1964 | -17.26 million current US$ | -61.8% |
| 1965 | -31.57 million current US$ | +82.9% |
| 1966 | -34.93 million current US$ | +10.7% |
| 1967 | -26.60 million current US$ | -23.9% |
| 1968 | -36.53 million current US$ | +37.3% |
| 1969 | -26.35 million current US$ | -27.9% |
| 1970 | 2.44 million current US$ | -109.3% |
| 1971 | -33.00 million current US$ | -1451.7% |
| 1972 | -36.56 million current US$ | +10.8% |
| 1973 | -7.65 million current US$ | -79.1% |
| 1974 | 178.41 million current US$ | -2433.3% |
| 1975 | -150.97 million current US$ | -184.6% |
| 1976 | -60.37 million current US$ | -60.0% |
| 1977 | -92.65 million current US$ | +53.5% |
| 1978 | -282.36 million current US$ | +204.7% |
| 1979 | -142.43 million current US$ | -49.6% |
| 1980 | 101.71 million current US$ | -171.4% |
| 1981 | 18.43 million current US$ | -81.9% |
| 1982 | -18.99 million current US$ | -203.0% |
| 1983 | 231.97 million current US$ | -1321.2% |
| 1984 | -133.57 million current US$ | -157.6% |
| 1985 | -203.96 million current US$ | +52.7% |
| 1986 | -173.55 million current US$ | -14.9% |
| 1987 | -189.65 million current US$ | +9.3% |
| 1988 | -200.98 million current US$ | +6.0% |
| 1989 | -31.04 million current US$ | -84.6% |
| 1990 | -55.94 million current US$ | +80.2% |
| 1991 | -293.15 million current US$ | +424.0% |
| 1992 | -509.04 million current US$ | +73.6% |
| 1993 | -533.65 million current US$ | +4.8% |
| 1994 | -331.01 million current US$ | -38.0% |
| 1995 | -311.26 million current US$ | -6.0% |
| 1996 | -347.11 million current US$ | +11.5% |
| 1997 | -653.75 million current US$ | +88.3% |
| 1998 | -1.09 billion current US$ | +67.5% |
| 1999 | -862.18 million current US$ | -21.2% |
| 2000 | -759.86 million current US$ | -11.9% |
| 2001 | -430.16 million current US$ | -43.4% |
| 2002 | -480.76 million current US$ | +11.8% |
| 2003 | -61.94 million current US$ | -87.1% |
| 2004 | 422.22 million current US$ | -781.7% |
| 2005 | 329.86 million current US$ | -21.9% |
| 2006 | 1.03 billion current US$ | +212.7% |
| 2007 | 987.87 million current US$ | -4.2% |
| 2008 | 1.16 billion current US$ | +17.2% |
| 2009 | 488.67 million current US$ | -57.8% |
| 2010 | 1.35 billion current US$ | +176.0% |
| 2011 | 1.37 billion current US$ | +1.3% |
| 2012 | 2.54 billion current US$ | +86.0% |
| 2013 | 2.13 billion current US$ | -16.1% |
| 2014 | 436.11 million current US$ | -79.5% |
| 2015 | -2.04 billion current US$ | -568.9% |
| 2016 | -2.52 billion current US$ | +23.2% |
| 2017 | -2.98 billion current US$ | +18.4% |
| 2018 | -3.01 billion current US$ | +0.8% |
| 2019 | -2.81 billion current US$ | -6.7% |
| 2020 | -1.60 billion current US$ | -43.2% |
| 2021 | -269.10 million current US$ | -83.1% |
| 2022 | -987.05 million current US$ | +266.8% |
| 2023 | -2.51 billion current US$ | +154.7% |
| 2024 | -2.25 billion current US$ | -10.3% |
Bolivia compared with similar countries
- Bolivia's -2.25 billion current US$ is below the median for lower middle income countries, which is -1.67 billion current US$, 1.3× the median. (45 countries reporting)
- Bolivia's -2.25 billion current US$ is below the median for Latin America & Caribbean, which is -154.10 million current US$, 14.6× the median. (29 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services in Bolivia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +2433.3% | -7.65 million current US$ | 178.41 million current US$ |
| 1971 | -1451.7% | 2.44 million current US$ | -33.00 million current US$ |
| 1983 | +1321.2% | -18.99 million current US$ | 231.97 million current US$ |
| 2004 | +781.7% | -61.94 million current US$ | 422.22 million current US$ |
| 2015 | -568.9% | 436.11 million current US$ | -2.04 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -32.29 million current US$ | -46.89 million current US$ | -17.26 million current US$ | 10 |
| 1970s | -62.51 million current US$ | -282.36 million current US$ | 178.41 million current US$ | 10 |
| 1980s | -59.96 million current US$ | -203.96 million current US$ | 231.97 million current US$ | 10 |
| 1990s | -499.19 million current US$ | -1.09 billion current US$ | -55.94 million current US$ | 10 |
| 2000s | 268.54 million current US$ | -759.86 million current US$ | 1.16 billion current US$ | 10 |
| 2010s | -554.30 million current US$ | -3.01 billion current US$ | 2.54 billion current US$ | 10 |
| 2020s | -1.52 billion current US$ | -2.51 billion current US$ | -269.10 million current US$ | 5 |
Countries ranked near Bolivia
More economy & growth data for Bolivia
- 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$), annual growth rate -70.67 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Bolivia?
- External balance on goods and services in Bolivia was -2.25 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Bolivia?
- The highest recorded value was 2.54 billion current US$ in 2012.
- What is the lowest external balance on goods and services recorded in Bolivia?
- The lowest recorded value was -3.01 billion current US$ in 2018.
- How does Bolivia rank for external balance on goods and services?
- Bolivia ranks 134th out of 193 countries with data for 2024.
- Is external balance on goods and services rising or falling in Bolivia?
- Over the last ten years it is down 616.9%. The long-run trend across the full record is volatile.
- Where does this Bolivia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.