Gross fixed capital formation in Bolivia, Plurinational State of
Bolivia, Plurinational State of: Gross fixed capital formation was 16.6% in 2024. ▲ Rising
Gross fixed 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
The most recent figure for gross fixed capital formation in Bolivia, Plurinational State of is 16.6%, measured in 2024.
That represents a change of down 6.2% on the previous year and down 20.8% over ten years.
Over the whole period, gross fixed capital formation in Bolivia, Plurinational State of peaked at 23.2% in 1998 and was at its lowest, 11.7%, in 2004.
That places Bolivia, Plurinational State of 147th out of 181 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 fixed capital formation in Bolivia, Plurinational State of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 14.8% | — |
| 1971 | 15.0% | +1.1% |
| 1972 | 15.7% | +4.7% |
| 1973 | 17.9% | +14.0% |
| 1974 | 15.6% | -12.8% |
| 1975 | 18.8% | +20.7% |
| 1976 | 19.5% | +3.9% |
| 1977 | 19.2% | -1.7% |
| 1978 | 21.8% | +13.4% |
| 1979 | 19.3% | -11.4% |
| 1980 | 16.9% | -12.4% |
| 1981 | 16.2% | -4.4% |
| 1982 | 15.0% | -7.3% |
| 1983 | 12.5% | -16.4% |
| 1984 | 15.2% | +21.1% |
| 1985 | 14.5% | -4.7% |
| 1986 | 13.4% | -7.5% |
| 1987 | 12.1% | -9.7% |
| 1988 | 12.7% | +5.1% |
| 1989 | 12.0% | -5.6% |
| 1990 | 12.6% | +4.7% |
| 1991 | 14.5% | +15.3% |
| 1992 | 16.3% | +12.6% |
| 1993 | 16.7% | +2.1% |
| 1994 | 14.9% | -10.9% |
| 1995 | 15.5% | +4.6% |
| 1996 | 16.2% | +4.1% |
| 1997 | 19.0% | +17.3% |
| 1998 | 23.2% | +22.1% |
| 1999 | 19.1% | -17.5% |
| 2000 | 17.9% | -6.3% |
| 2001 | 13.9% | -22.1% |
| 2002 | 15.6% | +12.4% |
| 2003 | 12.7% | -19.1% |
| 2004 | 11.7% | -7.7% |
| 2005 | 13.0% | +11.2% |
| 2006 | 14.3% | +10.1% |
| 2007 | 16.1% | +12.9% |
| 2008 | 17.2% | +6.9% |
| 2009 | 16.5% | -4.5% |
| 2010 | 16.6% | +0.6% |
| 2011 | 19.0% | +14.4% |
| 2012 | 18.4% | -3.2% |
| 2013 | 19.1% | +3.8% |
| 2014 | 21.0% | +10.1% |
| 2015 | 21.4% | +1.9% |
| 2016 | 20.7% | -3.3% |
| 2017 | 23.1% | +11.8% |
| 2018 | 22.8% | -1.3% |
| 2019 | 22.9% | +0.4% |
| 2020 | 15.8% | -31.1% |
| 2021 | 17.0% | +7.9% |
| 2022 | 17.4% | +2.0% |
| 2023 | 17.7% | +1.9% |
| 2024 | 16.6% | -6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.8% | 14.8% | 21.8% | 10 |
| 1980s | 14.0% | 12.0% | 16.9% | 10 |
| 1990s | 16.8% | 12.6% | 23.2% | 10 |
| 2000s | 14.9% | 11.7% | 17.9% | 10 |
| 2010s | 20.5% | 16.6% | 23.1% | 10 |
| 2020s | 16.9% | 15.8% | 17.7% | 5 |
Countries ranked near Bolivia, Plurinational State of
- 144 Kuwait 16.7% compare
- 145 Burkina Faso 16.7% compare
- 146 Guatemala 16.7% compare
- 148 Turkmenistan 16.5% compare
- 149 Chad 16.4% compare
- 150 Azerbaijan 16.3% compare
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)
- Manufacturing, value added (current US$), per unit of GDP 0.1307 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 577.68 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.9029 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 3,992 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0752 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 332.62 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 3,311 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 10.09 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation in Bolivia, Plurinational State of?
- Gross fixed capital formation in Bolivia, Plurinational State of was 16.6% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Bolivia, Plurinational State of?
- The highest recorded value was 23.2% in 1998.
- What is the lowest gross fixed capital formation recorded in Bolivia, Plurinational State of?
- The lowest recorded value was 11.7% in 2004.
- How does Bolivia, Plurinational State of rank for gross fixed capital formation?
- Bolivia, Plurinational State of ranks 147th out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Bolivia, Plurinational State of?
- Over the last ten years it is down 20.8%. 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 fixed capital formation (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.