External balance on goods and services in Bolivia, Plurinational State of
Bolivia, Plurinational State of: External balance on goods and services was -4.1% in 2024. ◆ Volatile
External balance on goods and services in Bolivia, Plurinational State of, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Bolivia, Plurinational State of recorded -4.1% for external balance on goods and services in 2024.
That represents a change of up 14.5% on the previous year and down 410.8% over ten years.
Over the whole period, external balance on goods and services 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 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, 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 in Bolivia, Plurinational State of?
- External balance on goods and services in Bolivia, Plurinational State of was -4.1% 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, Plurinational State of?
- The highest recorded value was 9.4% in 2012.
- What is the lowest external balance on goods and services 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?
- Bolivia, Plurinational State of ranks 101st out of 193 countries with data for 2024.
- Is external balance on goods and services 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.