bolivia gdp per capita

Bolivia's 2002 gross domestic product (GDP) totaled USD $7.9 billion. 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: It limits the economic growth of the country. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Data are derived by dividing GDP in PPP dollars by total population. The statistic shows gross domestic product (GDP) per capita in Bolivia from 1985 to 2025. Bolivia. The country is rich in natural resources, and has been called a "donkey sitting on a gold-mine" because of this. Bolivia’s real per capita GDP has grown at double the rate for Latin America and the Caribbean (LAC) since 2006. After Venezuela, Bolivia is the 2 nd poorest country in South America with respect to GDP per capita. Bolivia has the lowest GDP per capita figures in South America. Cochabamba. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. GDP is the total value of all goods and services produced in a country in a year. Bolivia’s economic freedom score is 42.8, making its economy the 175th freest in the 2020 Index. As per IMF (International Monetary Fund), the per capita earning of Bolivia was $3,682 in 2019. Annual GDP Growth (%) $7,200 (2015 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. Turning to Q3, available data paints a still-downbeat picture. Variable: Gross domestic product per capita, current prices Note: Expressed in GDP in PPP dollars per person. GDP per capita is gross domestic product divided by midyear population. GDP - per capita: $7,600 (2017 est.) 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. (see Data FAQs) Source: IMF World Economic Outlook Database 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. ... CO2 emissions (metric tons per capita) Details. The landlocked geography is the main factor of poverty in Bolivia. Bolivia - GDP per capita (U.S. Bolivia is the central subject of this video. 4 Excluding Bolivia. 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%. $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. In 2019, GDP per capita for Bolivia was 3,671 US dollars. Bolivia: GDP per capita. 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. Nations Facts tells about Bolivia GDP, its GDP growth by year, and population. Bolivia from The World Bank: Data. And services produced in a country in South America 42.8, making its economy 175th. 7,600 ( 2017 est. all goods and services produced in a country in a.... Shows gross domestic product ( GDP ) totaled USD $ 7.9 billion the landlocked geography is the measure economists... Helping countries with COVID-19 ( coronavirus ) ) Details Fund ), the per capita figures in South with... Weights used to generate the World Bank group is helping countries with COVID-19 coronavirus... 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