Bolivia GDP Trends from 1980 to 2024: A overall increase with some decline Flow

Bolivia's GDP changed from approximately $3B 589M in 1980 to $49B 334M in 2024, showing an overall 1274.6% sharply increased during the period.
The lowest GDP was recorded in 1981 at $3B 440M, and the highest in 2024 at $49B 334M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 6.1%.
For comparison, the average annual growth rate of Peru was 6.2%, and that of Chile was 5.7%.

Overview of Bolivia's GDP (1980–2024)

The Gross Domestic Product (GDP) of Bolivia recorded a 1274.6% sharply increased from 1980 to 2024.
The average GDP during this period was $16B 802M, and the median was $8B 385M.
GDP fluctuated within a range of $45B 894M, with a standard deviation of $14B 799M.
The average annual change was $1B 29M.


Bolivia GDP from 1980 to 2024

The total market value of goods and services produced annually in Bolivia.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 1981, $3B 440M
    • Highest GDP: 2024, $49B 334M
    • Most Recent GDP: 2024, $49B 334M

    Notable Annual GDP Changes

    • 2011: Significant increase in GDP
    • 2020: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Bolivia's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $41B 193M → $36B 897M
    • Outcome: sharply declined

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $13B 216M → $17B 464M
    • Outcome: sharply increased

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $8B 385M → $8B 154M
    • Outcome: declined

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $7B 919M → $8B 490M
    • Outcome: increased

    Key Economic Indicators of Bolivia (1980–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 3B 589M
    $ 695.53
    $ 2,069.85
    $ 10B 682M
    0.61 %
    -0.2 %
    15.47 %
    0 %
    5M 161K people
    1981
    $ 3B 440M
    $ 615.66
    $ 2,099.12
    $ 11B 727M
    0.3 %
    -8.102 %
    1.80 %
    0 %
    5M 587K people
    1982
    $ 3B 813M
    $ 668.55
    $ 2,097.27
    $ 11B 962M
    -3.939 %
    -3.4 %
    10.38 %
    0 %
    5M 703K people
    1983
    $ 3B 609M
    $ 619.90
    $ 2,048.54
    $ 11B 928M
    -4.042 %
    -2.8 %
    5.08 %
    0 %
    5M 822K people
    1984
    $ 3B 752M
    $ 631.15
    $ 2,074.90
    $ 12B 333M
    -0.201 %
    -2 %
    16.78 %
    0 %
    5M 944K people
    1985
    $ 4B 59M
    $ 668.92
    $ 2,061.59
    $ 12B 510M
    -1.676 %
    -7.3 %
    14.14 %
    -4.297 %
    6M 68K people
    1986
    $ 3B 970M
    $ 640.94
    $ 2,007.07
    $ 12B 433M
    -2.574 %
    -7.6 %
    5.44 %
    2.294 %
    6M 195K people
    1987
    $ 4B 323M
    $ 683.63
    $ 2,064.39
    $ 13B 55M
    2.463 %
    -9.27 %
    2.31 %
    -3.739 %
    6M 324K people
    1988
    $ 4B 598M
    $ 712.15
    $ 2,154.40
    $ 13B 909M
    2.91 %
    -2.9 %
    6.01 %
    -2.844 %
    6M 456K people
    1989
    $ 4B 716M
    $ 715.52
    $ 2,276.22
    $ 15B 2M
    3.79 %
    0.7 %
    6.82 %
    -2.284 %
    6M 591K people
    1990
    $ 4B 868M
    $ 723.43
    $ 2,420.35
    $ 16B 285M
    4.636 %
    -4.021 %
    8.51 %
    -1.773 %
    6M 728K people
    1991
    $ 5B 335M
    $ 776.71
    $ 2,580.14
    $ 17B 723M
    5.267 %
    -4.788 %
    10.80 %
    -1.529 %
    6M 869K people
    1992
    $ 5B 635M
    $ 803.55
    $ 2,627.54
    $ 18B 425M
    1.646 %
    -7.208 %
    9.46 %
    -1.818 %
    7M 12K people
    1993
    $ 5B 724M
    $ 793.65
    $ 2,726.72
    $ 19B 667M
    4.269 %
    -7.321 %
    9.26 %
    -3.5 %
    7M 213K people
    1994
    $ 5B 974M
    $ 805.18
    $ 2,833.93
    $ 21B 25M
    4.667 %
    -3.986 %
    10.72 %
    -0.498 %
    7M 419K people
    1995
    $ 6B 707M
    $ 886.37
    $ 2,969.52
    $ 22B 470M
    4.678 %
    -5.002 %
    10.24 %
    1.112 %
    7M 567K people
    1996
    $ 7B 385M
    $ 956.97
    $ 3,094.14
    $ 23B 879M
    4.361 %
    -4.504 %
    11.73 %
    0.863 %
    7M 717K people
    1997
    $ 7B 919M
    $ 1,006.10
    $ 3,239.04
    $ 25B 494M
    4.954 %
    -6.984 %
    12.65 %
    -1.007 %
    7M 871K people
    1998
    $ 8B 490M
    $ 1,057.72
    $ 3,373.57
    $ 27B 77M
    5.029 %
    -7.856 %
    12.82 %
    -2.997 %
    8M 26K people
    1999
    $ 8B 269M
    $ 1,010.58
    $ 3,370.22
    $ 27B 578M
    0.427 %
    -5.907 %
    10.66 %
    -1.843 %
    8M 183K people