Total factor productivity in Bolivia
Bolivia: Total factor productivity was 1 in 2023. ▼ Falling
Latest (2023)
1
Change on year
down 0.1%
World rank
42nd
of 120 countries
All-time high
1.4
in 1967
All-time low
0.9756
in 2000
Years of data
70
1954–2023
Total factor productivity in Bolivia, 1954–2023
Source: Our World in Data.
Analysis
The most recent figure for total factor productivity in Bolivia is 1, measured in 2023.
The figure is down 0.1% on the previous year and down 10.2% over ten years.
Over the whole period, total factor productivity in Bolivia peaked at 1.4 in 1967 and was at its lowest, 0.9756, in 2000.
Bolivia ranks 42nd of 120 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 70 years of available data.
Total factor productivity in Bolivia, year by year
| Year | Value | Change |
|---|---|---|
| 1954 | 1.25 | — |
| 1955 | 1.32 | +5.3% |
| 1956 | 1.23 | -6.9% |
| 1957 | 1.21 | -1.8% |
| 1958 | 1.18 | -2.4% |
| 1959 | 1.18 | +0.3% |
| 1960 | 1.22 | +3.3% |
| 1961 | 1.22 | -0.6% |
| 1962 | 1.24 | +1.7% |
| 1963 | 1.27 | +3.0% |
| 1964 | 1.28 | +0.5% |
| 1965 | 1.28 | +0.3% |
| 1966 | 1.32 | +2.9% |
| 1967 | 1.4 | +5.9% |
| 1968 | 1.18 | -15.7% |
| 1969 | 1.2 | +1.4% |
| 1970 | 1.17 | -2.6% |
| 1971 | 1.19 | +2.4% |
| 1972 | 1.24 | +4.1% |
| 1973 | 1.26 | +1.6% |
| 1974 | 1.28 | +1.2% |
| 1975 | 1.34 | +4.6% |
| 1976 | 1.35 | +1.3% |
| 1977 | 1.38 | +1.8% |
| 1978 | 1.34 | -2.6% |
| 1979 | 1.3 | -3.3% |
| 1980 | 1.26 | -3.2% |
| 1981 | 1.23 | -2.4% |
| 1982 | 1.18 | -3.8% |
| 1983 | 1.12 | -5.2% |
| 1984 | 1.09 | -2.5% |
| 1985 | 1.05 | -4.0% |
| 1986 | 1.01 | -3.6% |
| 1987 | 1.01 | -0.1% |
| 1988 | 1.03 | +1.9% |
| 1989 | 1.02 | -0.4% |
| 1990 | 1.03 | +0.2% |
| 1991 | 1.03 | +0.5% |
| 1992 | 1.01 | -2.3% |
| 1993 | 1.01 | +0.4% |
| 1994 | 1.01 | -0.4% |
| 1995 | 1.02 | +0.9% |
| 1996 | 1.02 | +0.5% |
| 1997 | 1.03 | +0.5% |
| 1998 | 1.02 | -0.4% |
| 1999 | 0.9865 | -3.4% |
| 2000 | 0.9756 | -1.1% |
| 2001 | 0.9846 | +0.9% |
| 2002 | 0.9942 | +1.0% |
| 2003 | 1.02 | +2.7% |
| 2004 | 1.02 | -0.1% |
| 2005 | 1.04 | +1.9% |
| 2006 | 1.06 | +1.8% |
| 2007 | 1.07 | +1.1% |
| 2008 | 1.09 | +1.6% |
| 2009 | 1.09 | +0.4% |
| 2010 | 1.1 | +0.6% |
| 2011 | 1.1 | -0.2% |
| 2012 | 1.09 | -0.2% |
| 2013 | 1.11 | +1.9% |
| 2014 | 1.1 | -1.2% |
| 2015 | 1.1 | -0.2% |
| 2016 | 1.09 | -0.6% |
| 2017 | 1.1 | +1.1% |
| 2018 | 1.11 | +0.9% |
| 2019 | 1.09 | -2.6% |
| 2020 | 1.01 | -7.1% |
| 2021 | 1 | -0.9% |
| 2022 | 1 | +0.2% |
| 2023 | 1 | -0.1% |
Bolivia compared with similar countries
- Bolivia's 1 is above the median for lower middle income countries, which is 0.9979, 1.0× the median. (26 countries reporting)
- Bolivia's 1 is above the median for Latin America & Caribbean, which is 1, 1.0× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 1.23 | 1.18 | 1.32 | 6 |
| 1960s | 1.26 | 1.18 | 1.4 | 10 |
| 1970s | 1.28 | 1.17 | 1.38 | 10 |
| 1980s | 1.1 | 1.01 | 1.26 | 10 |
| 1990s | 1.01 | 0.9865 | 1.03 | 10 |
| 2000s | 1.03 | 0.9756 | 1.09 | 10 |
| 2010s | 1.1 | 1.09 | 1.11 | 10 |
| 2020s | 1 | 1 | 1.01 | 4 |
Countries ranked near Bolivia
More economy & growth data for Bolivia
- Real gdp growth, annual growth rate -6.86 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 517.25 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0006 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 3.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate 487.79 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 2.29 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is total factor productivity in Bolivia?
- Total factor productivity in Bolivia was 1 in 2023, according to Our World in Data.
- What is the highest total factor productivity recorded in Bolivia?
- The highest recorded value was 1.4 in 1967.
- What is the lowest total factor productivity recorded in Bolivia?
- The lowest recorded value was 0.9756 in 2000.
- How does Bolivia rank for total factor productivity?
- Bolivia ranks 42nd out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Bolivia?
- Over the last ten years it is down 10.2%. The long-run trend across the full record is falling.
- Where does this Bolivia data come from?
- The figures come from Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 70 observations, free to reuse under CC BY 4.0 (Our World in Data).