Bolivia flag

Bolivia GDP Growth Rate (2026)

Latest Update: September 2026
Source: IMF
Bolivia has a resource-based South American economy supported by natural gas, mining, agriculture, services, and domestic consumption. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
-3.3%
Annual real GDP growth
World Rank
#191
Out of 195 countries
Change vs 2025
-2.1 pp
2025: -1.2%
South America Rank
#12
Out of 12 countries

1. Bolivia GDP Growth Rate in 2026

Bolivian economic growth is influenced by commodity production, household demand, public investment, agriculture, and trade. Energy prices, fiscal conditions, and foreign exchange availability remain especially important.

2. Bolivia GDP Growth Rate Trends (1980–2026)

Bolivia’s growth history has been shaped by natural-resource exports, public spending, domestic consumption, and periods of political and financial adjustment. Commodity cycles have had a strong influence on performance.

3. Bolivia GDP Growth Rate (Historical Data)

Year GDP Growth Rate Change (pp)
2026 -3.3% -2.1 pp
2025 -1.2% -0.1 pp
2024 -1.1% -3.6 pp
2023 +2.5% -1.2 pp
2022 +3.7% -6.3 pp
2021 +10.0% +22.7 pp
2020 -12.7% -14.2 pp
2019 +1.5% -1.4 pp
2018 +2.9% -1.3 pp
2017 +4.2% -0.1 pp

4. Bolivia GDP Growth Performance

Current Growth Rate
-3.3%
(2026 to 2026)
5-Year Average
+0.1%
(2022 to 2026)
10-Year Average
+0.7%
(2017 to 2026)
20-Year Average
+2.9%
(2007 to 2026)
The economy benefits from significant natural resources and a sizeable domestic market, but fiscal pressures and declining energy output can weaken momentum. Investment and diversification are important for improving resilience.

5. Bolivia GDP Growth Rate vs South America and World

Bolivia
-3.3%
South America Average
+3.5%
World Average
+2.8%
-3.3% 0.1% 3.5%
Annual real GDP growth (%)
Bolivia’s GDP growth rate is approximately 6.8 pp below the South America average and 6.1 pp below the world average.

6. Bolivia GDP Growth Rate Ranking in South America

Rank Country GDP Growth Rate
#4 Suriname +3.9%
#5 Argentina +3.5%
#6 Peru +2.8%
#7 Ecuador +2.5%
#8 Chile +2.4%
#9 Colombia +2.3%
#10 Brazil +1.9%
#11 Uruguay +1.8%
#12 Bolivia -3.3%

7. Top 10 Fastest-Growing Countries in the World (2026)

Rank Country GDP Growth Rate
#1 Guyana flag Guyana +16.2%
#2 Ethiopia flag Ethiopia +9.2%
#3 Guinea flag Guinea +8.7%
#4 Uganda flag Uganda +7.5%
#5 Bhutan flag Bhutan +7.5%
#6 Rwanda flag Rwanda +7.2%
#7 Vietnam flag Vietnam +7.1%
#8 Benin flag Benin +7.0%
#9 Niger flag Niger +6.7%
#10 Libya flag Libya +6.7%

8. GDP Growth Rate and Economy Size in Bolivia

Bolivia GDP (Nominal)
$80.7 Billion
(2026)
Bolivia GDP Growth Rate
-3.3%
(2026)
Bolivia’s growth can fluctuate more than that of diversified regional economies because of its reliance on commodities and public spending. Domestic policy conditions also strongly affect relative performance.
Explore more: Bolivia GDP

9. Bolivia GDP Growth Rate Forecast

The outlook depends on energy production, mining, investment, fiscal stability, and domestic demand. Foreign exchange pressures and limited diversification remain important risks.
Forecast data is currently unavailable for Bolivia.

10. Bolivia GDP Growth Rate: Key Findings

Bolivia GDP growth rate is estimated at -3.3% in 2026.
It ranks #191 globally and #12 in South America by annual GDP growth rate.
The growth rate slowed by 2.1 percentage points compared with 2025.
The 5-year average GDP growth rate is +0.1%.
The 10-year average GDP growth rate is +0.7%.
The current rate is 6.8 percentage points below the South America average.
The current rate is 6.1 percentage points below the world average.

11. What Is GDP Growth Rate?

GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate = (Real GDPₜ − Real GDPₜ₋₁) ÷ Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.

12. Methodology and Data Sources

Additional Source: World Bank
Measure: Annual percentage change in real GDP
Unit: Percent (%)
Comparisons: Year-to-year rate differences are shown in percentage points (pp)
Update Frequency: Annually and when new forecasts are released
Last Updated: September 2026

13. Bolivia GDP Growth Rate FAQs

Bolivia GDP growth rate is estimated at -3.3% in 2026.
Bolivia ranks #191 globally and #12 in South America by annual GDP growth rate.
The economy is contracting, with real GDP growth of approximately -3.3% in 2026.
Bolivia GDP growth rate was +4.9% in 2015.
Bolivia GDP growth rate is 6.8 percentage points below the South America average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.