Trade as a share of GDP in Bolivia
Bolivia: Trade as a share of GDP was 47.0% in 2024. ▲ Rising
Latest (2024)
47.0%
Change on year
down 5.3%
World rank
156th
of 191 countries
All-time high
85.3%
in 2014
All-time low
37.5%
in 2020
Years of data
65
1960–2024
Trade as a share of GDP in Bolivia, 1960–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2024, trade as a share of gdp in Bolivia stood at 47.0%.
Compared with earlier readings it is down 5.3% on the previous year and down 44.9% over ten years.
Over the whole period, trade as a share of gdp in Bolivia peaked at 85.3% in 2014 and was at its lowest, 37.5%, in 2020.
Bolivia ranks 156th of 191 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Trade as a share of GDP in Bolivia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 40.1% | — |
| 1961 | 39.7% | -1.0% |
| 1962 | 40.8% | +2.6% |
| 1963 | 43.3% | +6.3% |
| 1964 | 43.8% | +1.0% |
| 1965 | 48.1% | +10.0% |
| 1966 | 47.7% | -0.9% |
| 1967 | 48.5% | +1.6% |
| 1968 | 43.8% | -9.7% |
| 1969 | 43.7% | -0.3% |
| 1970 | 49.0% | +12.1% |
| 1971 | 45.8% | -6.5% |
| 1972 | 45.1% | -1.4% |
| 1973 | 56.0% | +24.2% |
| 1974 | 62.1% | +10.8% |
| 1975 | 58.2% | -6.3% |
| 1976 | 57.6% | -1.0% |
| 1977 | 56.4% | -2.0% |
| 1978 | 52.7% | -6.6% |
| 1979 | 51.6% | -2.1% |
| 1980 | 46.8% | -9.2% |
| 1981 | 46.2% | -1.3% |
| 1982 | 58.5% | +26.5% |
| 1983 | 52.4% | -10.5% |
| 1984 | 49.5% | -5.5% |
| 1985 | 41.9% | -15.3% |
| 1986 | 47.0% | +12.3% |
| 1987 | 43.6% | -7.2% |
| 1988 | 41.9% | -3.9% |
| 1989 | 45.7% | +8.9% |
| 1990 | 46.7% | +2.3% |
| 1991 | 48.4% | +3.7% |
| 1992 | 49.1% | +1.4% |
| 1993 | 47.5% | -3.3% |
| 1994 | 48.9% | +2.9% |
| 1995 | 49.7% | +1.8% |
| 1996 | 49.9% | +0.2% |
| 1997 | 50.5% | +1.2% |
| 1998 | 52.3% | +3.6% |
| 1999 | 44.2% | -15.5% |
| 2000 | 45.6% | +3.2% |
| 2001 | 45.2% | -0.8% |
| 2002 | 49.4% | +9.1% |
| 2003 | 52.0% | +5.3% |
| 2004 | 57.5% | +10.6% |
| 2005 | 67.6% | +17.7% |
| 2006 | 74.5% | +10.2% |
| 2007 | 76.1% | +2.0% |
| 2008 | 82.9% | +8.9% |
| 2009 | 68.6% | -17.2% |
| 2010 | 75.5% | +10.0% |
| 2011 | 82.5% | +9.2% |
| 2012 | 84.9% | +3.0% |
| 2013 | 81.2% | -4.4% |
| 2014 | 85.3% | +5.0% |
| 2015 | 67.9% | -20.3% |
| 2016 | 56.4% | -17.0% |
| 2017 | 45.6% | -19.2% |
| 2018 | 46.9% | +3.0% |
| 2019 | 45.8% | -2.4% |
| 2020 | 37.5% | -18.1% |
| 2021 | 47.7% | +27.1% |
| 2022 | 57.5% | +20.7% |
| 2023 | 49.6% | -13.8% |
| 2024 | 47.0% | -5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 44.0% | 39.7% | 48.5% | 10 |
| 1970s | 53.4% | 45.1% | 62.1% | 10 |
| 1980s | 47.3% | 41.9% | 58.5% | 10 |
| 1990s | 48.7% | 44.2% | 52.3% | 10 |
| 2000s | 61.9% | 45.2% | 82.9% | 10 |
| 2010s | 67.2% | 45.6% | 85.3% | 10 |
| 2020s | 47.9% | 37.5% | 57.5% | 5 |
Countries ranked near Bolivia
More economy & growth data for Bolivia
- 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)
- GDP (current US$), annual growth rate 18.02 % change on previous year (2025)
- GDP (current US$), per capita 5,148 current US$ per person (2025)
- GDP (current LCU), annual growth rate 18.02 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 6.91 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 35,572 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate -1.58 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5745 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,957 constant 2015 US$ per person (2025)
Frequently asked questions
- What is trade as a share of gdp in Bolivia?
- Trade as a share of gdp in Bolivia was 47.0% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest trade as a share of gdp recorded in Bolivia?
- The highest recorded value was 85.3% in 2014.
- What is the lowest trade as a share of gdp recorded in Bolivia?
- The lowest recorded value was 37.5% in 2020.
- How does Bolivia rank for trade as a share of gdp?
- Bolivia ranks 156th out of 191 countries with data for 2024.
- Is trade as a share of gdp rising or falling in Bolivia?
- Over the last ten years it is down 44.9%. The long-run trend across the full record is rising.
- Where does this Bolivia data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Trade in goods and services as a share of GDP, shown as a percentage.