Trade in Bolivia, Plurinational State of
Bolivia, Plurinational State of: Trade was 47.0% in 2024. ▲ Rising
Trade in Bolivia, Plurinational State of, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Bolivia, Plurinational State of recorded 47.0% for trade in 2024.
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 in Bolivia, Plurinational State of peaked at 85.3% in 2014 and was at its lowest, 37.5%, in 2020.
That places Bolivia, Plurinational State of 157th out of 192 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Trade in Bolivia, Plurinational State of, 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, 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)
- Services, value added (current US$), annual growth rate 4.01 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.5336 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 2,359 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 4.01 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 3.69 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 16,302 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 0.8919 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.3383 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is trade in Bolivia, Plurinational State of?
- Trade in Bolivia, Plurinational State of was 47.0% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Bolivia, Plurinational State of?
- The highest recorded value was 85.3% in 2014.
- What is the lowest trade recorded in Bolivia, Plurinational State of?
- The lowest recorded value was 37.5% in 2020.
- How does Bolivia, Plurinational State of rank for trade?
- Bolivia, Plurinational State of ranks 157th out of 192 countries with data for 2024.
- Is trade rising or falling in Bolivia, Plurinational State of?
- Over the last ten years it is down 44.9%. 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 Trade (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Trade is the sum of exports and imports of goods and services. 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.