Gross capital formation in Bolivia, Plurinational State of
Bolivia, Plurinational State of: Gross capital formation was 17.9% in 2024. ▲ Rising
Gross capital formation in Bolivia, Plurinational State of, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross capital formation in Bolivia, Plurinational State of stood at 17.9%.
The figure is down 5.5% on the previous year and down 14.7% over ten years.
Over the whole period, gross capital formation in Bolivia, Plurinational State of peaked at 24.7% in 1978 and was at its lowest, 11.0%, in 2004.
That places Bolivia, Plurinational State of 146th out of 187 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross capital formation in Bolivia, Plurinational State of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 16.4% | — |
| 1971 | 16.8% | +2.7% |
| 1972 | 20.1% | +19.6% |
| 1973 | 20.4% | +1.4% |
| 1974 | 14.6% | -28.6% |
| 1975 | 23.0% | +57.9% |
| 1976 | 19.2% | -16.7% |
| 1977 | 19.2% | -0.1% |
| 1978 | 24.7% | +28.9% |
| 1979 | 20.8% | -15.6% |
| 1980 | 16.6% | -20.1% |
| 1981 | 16.1% | -3.5% |
| 1982 | 15.6% | -2.7% |
| 1983 | 13.2% | -15.3% |
| 1984 | 19.7% | +48.6% |
| 1985 | 19.5% | -1.1% |
| 1986 | 13.6% | -30.3% |
| 1987 | 13.5% | -0.4% |
| 1988 | 14.0% | +3.5% |
| 1989 | 11.6% | -17.1% |
| 1990 | 12.5% | +8.1% |
| 1991 | 15.6% | +24.3% |
| 1992 | 16.7% | +7.2% |
| 1993 | 16.6% | -0.8% |
| 1994 | 14.4% | -13.2% |
| 1995 | 15.2% | +6.1% |
| 1996 | 16.2% | +6.5% |
| 1997 | 19.6% | +20.9% |
| 1998 | 23.6% | +20.2% |
| 1999 | 18.8% | -20.5% |
| 2000 | 18.1% | -3.3% |
| 2001 | 14.3% | -21.4% |
| 2002 | 16.3% | +14.2% |
| 2003 | 13.2% | -18.8% |
| 2004 | 11.0% | -16.7% |
| 2005 | 14.3% | +29.3% |
| 2006 | 13.9% | -2.7% |
| 2007 | 15.2% | +9.5% |
| 2008 | 17.6% | +15.6% |
| 2009 | 17.0% | -3.3% |
| 2010 | 17.0% | +0.2% |
| 2011 | 19.8% | +16.5% |
| 2012 | 17.7% | -10.8% |
| 2013 | 19.0% | +7.6% |
| 2014 | 21.0% | +10.6% |
| 2015 | 20.3% | -3.6% |
| 2016 | 21.1% | +3.8% |
| 2017 | 24.4% | +15.8% |
| 2018 | 24.0% | -1.4% |
| 2019 | 22.7% | -5.5% |
| 2020 | 17.3% | -23.9% |
| 2021 | 17.8% | +3.0% |
| 2022 | 18.0% | +1.4% |
| 2023 | 19.0% | +5.2% |
| 2024 | 17.9% | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.5% | 14.6% | 24.7% | 10 |
| 1980s | 15.3% | 11.6% | 19.7% | 10 |
| 1990s | 16.9% | 12.5% | 23.6% | 10 |
| 2000s | 15.1% | 11.0% | 18.1% | 10 |
| 2010s | 20.7% | 17.0% | 24.4% | 10 |
| 2020s | 18.0% | 17.3% | 19.0% | 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)
- Gross capital formation (current US$), annual growth rate -0.8702 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.1795 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 793.47 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -0.8701 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 1.24 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 5,483 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate -10.48 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1166 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross capital formation in Bolivia, Plurinational State of?
- Gross capital formation in Bolivia, Plurinational State of was 17.9% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Bolivia, Plurinational State of?
- The highest recorded value was 24.7% in 1978.
- What is the lowest gross capital formation recorded in Bolivia, Plurinational State of?
- The lowest recorded value was 11.0% in 2004.
- How does Bolivia, Plurinational State of rank for gross capital formation?
- Bolivia, Plurinational State of ranks 146th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Bolivia, Plurinational State of?
- Over the last ten years it is down 14.7%. The long-run trend across the full record is rising.
- 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 Gross capital formation (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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.