Bolivia

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Bolivia

We offer a data-driven country report for Bolivia that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Bolivia.[/vc_column_text][vc_column_text]

Its population in 2018 was 11,215,674 [1]

In 2015, 17.54% of its total energy
consumption was renewable [2]

In 2021, its GDP grew by 6.11% [2]

In 2021 it had a positive Current
Account Balance of US$bn 0.22 [3]

Its unemployment rate in 2021 was 5.20% [3]

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What free trade areas or economic unions is it a member of?

Member of the Andean Community (ANDEAN) since 26/05/1969

Other members:

Colombia, Ecuador, Peru


What trade deals are there between Andean Community and other countries and economic unions?

MERCOSUR - CAN free trade area (from 31/12/2003)

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What trade deals are there with other countries and economic unions?

Mexico - Bolivia partial scope agreement (from 07/06/2010)

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New ‘Pacific Alliance’ Upbeat and Seeking Competitive Advantages

Leaders of Pacific Alliance: Ollanta Humala, President of Peru; Juan Manuel Santos, President of Colombia; Sebastián Piñera, President of Chile; Felipe Calderón, President of Mexico.   The new bloc’s integration
Read more
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Trade with the United Kingdom

Source: UK Office for National Statistics, October 2022.

Contains public sector information licensed under the Open Government Licence v3.0.

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