Bolivia is the central subject of this video. Annual GDP Growth (%) The landlocked geography is the main factor of poverty in Bolivia. In 2019, GDP per capita for Bolivia was 3,671 US dollars. Bolivia - GDP per capita (U.S. The average annual real per capita growth across LAC economies has been 1.6 percent per year since 2006;4 Bolivia’s real per capita GDP has grown at an average of 3.2 percent, as can be seen in Figure 2 below. 4 Excluding Bolivia. Cochabamba. note: data are in 2017 dollars country comparison to the world (CIA rank, may be based on non-current data): 154 [see also: GDP - per capita country ranks] Gross national saving: Bolivia. As per IMF (International Monetary Fund), the per capita earning of Bolivia was $3,682 in 2019. The country is rich in natural resources, and has been called a "donkey sitting on a gold-mine" because of this. $7,400 (2016 est.) These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Bolivia has the lowest GDP per capita figures in South America. Bolivia from The World Bank: Data. Bolivia’s real per capita GDP has grown at double the rate for Latin America and the Caribbean (LAC) since 2006. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. Turning to Q3, available data paints a still-downbeat picture. GDP is the total value of all goods and services produced in a country in a year. Data are derived by dividing GDP in PPP dollars by total population. GDP per capita is gross domestic product divided by midyear population. Nations Facts tells about Bolivia GDP, its GDP growth by year, and population. It limits the economic growth of the country. Bolivia's 2002 gross domestic product (GDP) totaled USD $7.9 billion. GDP - per capita: $7,600 (2017 est.) Dollars) GDP shrank at a record annual pace of 21.7% in Q2 (Q1: +0.6% yoy) amid plunging domestic demand and collapsing exports due to the Covid-19 fallout. Variable: Gross domestic product per capita, current prices Note: Expressed in GDP in PPP dollars per person. GDP per capita of Bolivia increased from 1,005 US dollars in 2000 to 3,671 US dollars in 2019 growing at an average annual rate of 7.33%. The statistic shows gross domestic product (GDP) per capita in Bolivia from 1985 to 2025. ... CO2 emissions (metric tons per capita) Details. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States in the year noted. (see Data FAQs) Source: IMF World Economic Outlook Database Bolivia: GDP per capita. The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U.S dollars per person, for the latest year for which data is published. Bolivia’s economic freedom score is 42.8, making its economy the 175th freest in the 2020 Index. $7,200 (2015 est.) After Venezuela, Bolivia is the 2 nd poorest country in South America with respect to GDP per capita.