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Bolivia - Gross domestic product based on purchasing-power-parity in current prices

89.26 (billion international dollars) in 2018

In 2018, GDP based on PPP for Bolivia was 89.26 billion international dollars. Over the last 20 years, GDP based on PPP of Bolivia grew substantially from 27.94 to 89.26 billion international dollars rising at an increasing annual rate that reached a maximum of 8.67 % in 2013 and then decreased to 6.76 % in 2018.

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What is GDP based on PPP?

GDP (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. A purchasing power parity (PPP) between two countries, A and B, is the ratio of the number of units of country A’s currency needed to purchase in country A the same quantity of a specific good or service as one unit of country B’s currency will purchase in country B. PPPs can be expressed in the currency of either of the countries. In practice, they are usually computed among large numbers of countries and expressed in terms of a single currency, with the U.S. dollar (US$) most commonly used as the base or "numeraire" currency.

What is Bolivia GDP based on PPP?

Date Value Change, %
2018 89.26 6.76 %
2017 83.60 6.16 %
2016 78.75 5.34 %
2015 74.76 5.95 %
2014 70.56 7.41 %
2013 65.69 8.67 %
2012 60.45 7.14 %
2011 56.42 7.40 %
2010 52.54 5.34 %
2009 49.87 4.15 %
2008 47.89 8.21 %
2007 44.25

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