Gross domestic product (GDP), annual growth rate in Bolivia

Bolivia: Gross domestic product (GDP), annual growth rate was 3.32 % change on previous year in 2023. ◆ Volatile

Latest (2023)
3.32 % change on previous year
Change on year
up 5.6%
World rank
71st
of 184 countries
All-time high
12.99 % change on previous year
in 2008
All-time low
-15.97 % change on previous year
in 1953
Years of data
73
1951–2023

Gross domestic product (GDP), annual growth rate in Bolivia, 1951–2023

-20-10010195119872023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, gross domestic product (gdp), annual growth rate in Bolivia stood at 3.32 % change on previous year.

Compared with earlier readings it is up 5.6% on the previous year and down 70.0% over ten years.

Over the whole period, gross domestic product (gdp), annual growth rate in Bolivia peaked at 12.99 % change on previous year in 2008 and was at its lowest, -15.97 % change on previous year, in 1953.

That places Bolivia 71st out of 184 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), annual growth rate in Bolivia, year by year

Annual values for Gross domestic product (GDP), annual growth rate in Bolivia, 1951 to 2023.
Year % change on previous year Change
1951 8.91 % change on previous year
1952 -0.3883 % change on previous year -104.4%
1953 -15.97 % change on previous year +4013.2%
1954 3.75 % change on previous year -123.5%
1955 10.2 % change on previous year +171.9%
1956 -5.91 % change on previous year -157.9%
1957 -2.88 % change on previous year -51.3%
1958 -1.01 % change on previous year -65.0%
1959 2.46 % change on previous year -344.0%
1960 4.94 % change on previous year +100.4%
1961 2.49 % change on previous year -49.5%
1962 5.15 % change on previous year +106.3%
1963 5.96 % change on previous year +15.7%
1964 7.23 % change on previous year +21.4%
1965 4.8 % change on previous year -33.6%
1966 7.32 % change on previous year +52.3%
1967 7.05 % change on previous year -3.7%
1968 -12.27 % change on previous year -274.1%
1969 3.22 % change on previous year -126.3%
1970 -0.4463 % change on previous year -113.8%
1971 5.37 % change on previous year -1303.7%
1972 3.57 % change on previous year -33.6%
1973 6.93 % change on previous year +94.2%
1974 6.46 % change on previous year -6.7%
1975 7.06 % change on previous year +9.2%
1976 2.92 % change on previous year -58.6%
1977 7.55 % change on previous year +158.7%
1978 0.3305 % change on previous year -95.6%
1979 2.08 % change on previous year +530.3%
1980 2.15 % change on previous year +3.1%
1981 1.86 % change on previous year -13.5%
1982 -2.81 % change on previous year -251.2%
1983 0.2852 % change on previous year -110.2%
1984 0.9737 % change on previous year +241.5%
1985 3.52 % change on previous year +262.0%
1986 0.6905 % change on previous year -80.4%
1987 6.8 % change on previous year +884.6%
1988 0.7174 % change on previous year -89.4%
1989 4.48 % change on previous year +524.7%
1990 6.44 % change on previous year +43.7%
1991 6.88 % change on previous year +6.8%
1992 4.86 % change on previous year -29.4%
1993 6.63 % change on previous year +36.4%
1994 8.29 % change on previous year +25.1%
1995 11.64 % change on previous year +40.3%
1996 11.7 % change on previous year +0.5%
1997 1.57 % change on previous year -86.6%
1998 2.36 % change on previous year +50.9%
1999 0.2789 % change on previous year -88.2%
2000 1.68 % change on previous year +501.8%
2001 4.38 % change on previous year +161.3%
2002 5.05 % change on previous year +15.1%
2003 4.99 % change on previous year -1.1%
2004 6.32 % change on previous year +26.6%
2005 7.18 % change on previous year +13.7%
2006 5.41 % change on previous year -24.6%
2007 6.2 % change on previous year +14.6%
2008 12.99 % change on previous year +109.5%
2009 4.12 % change on previous year -68.3%
2010 11.19 % change on previous year +171.5%
2011 12.71 % change on previous year +13.5%
2012 12.66 % change on previous year -0.3%
2013 11.04 % change on previous year -12.8%
2014 4.98 % change on previous year -54.9%
2015 2.17 % change on previous year -56.5%
2016 5.69 % change on previous year +162.7%
2017 8.25 % change on previous year +44.9%
2018 5.3 % change on previous year -35.9%
2019 4.61 % change on previous year -12.9%
2020 -8.74 % change on previous year -289.5%
2021 8.56 % change on previous year -198.0%
2022 3.14 % change on previous year -63.3%
2023 3.32 % change on previous year +5.6%

Biggest year-on-year movements

Years where Gross domestic product (GDP), annual growth rate 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.

YearChange FromTo
1953 -4013.2% -0.3883 % change on previous year -15.97 % change on previous year
1971 +1303.7% -0.4463 % change on previous year 5.37 % change on previous year
1987 +884.6% 0.6905 % change on previous year 6.8 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1950s -0.0923 % change on previous year -15.97 % change on previous year 10.2 % change on previous year 9
1960s 3.59 % change on previous year -12.27 % change on previous year 7.32 % change on previous year 10
1970s 4.18 % change on previous year -0.4463 % change on previous year 7.55 % change on previous year 10
1980s 1.87 % change on previous year -2.81 % change on previous year 6.8 % change on previous year 10
1990s 6.06 % change on previous year 0.2789 % change on previous year 11.7 % change on previous year 10
2000s 5.83 % change on previous year 1.68 % change on previous year 12.99 % change on previous year 10
2010s 7.86 % change on previous year 2.17 % change on previous year 12.71 % change on previous year 10
2020s 1.57 % change on previous year -8.74 % change on previous year 8.56 % change on previous year 4

Countries ranked near Bolivia

  1. 68 Brazil 3.59 % change on previous year compare
  2. 69 Burkina Faso 3.58 % change on previous year compare
  3. 70 Angola 3.43 % change on previous year compare
  4. 72 Costa Rica 3.16 % change on previous year compare
  5. 73 Egypt 3.16 % change on previous year compare
  6. 74 Honduras 3.15 % change on previous year compare

See the full ranking of 184 places →

More economy & growth data for Bolivia

All data for Bolivia →

Frequently asked questions

What is gross domestic product (gdp), annual growth rate in Bolivia?
Gross domestic product (gdp), annual growth rate in Bolivia was 3.32 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross domestic product (gdp), annual growth rate recorded in Bolivia?
The highest recorded value was 12.99 % change on previous year in 2008.
What is the lowest gross domestic product (gdp), annual growth rate recorded in Bolivia?
The lowest recorded value was -15.97 % change on previous year in 1953.
How does Bolivia rank for gross domestic product (gdp), annual growth rate?
Bolivia ranks 71st out of 184 countries with data for 2023.
Is gross domestic product (gdp), annual growth rate rising or falling in Bolivia?
Over the last ten years it is down 70.0%. The long-run trend across the full record is volatile.
Where does this Bolivia data come from?
The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), annual growth rate in Bolivia. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-annual-growth-rate/bolivia/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross domestic product (GDP), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 10,706 data points, 1951–2023
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.