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

84.10 (billion international dollars) in 2018

In 2018, GDP based on PPP for Bolivia was 84.1 billion international dollars. Over the last 20 years, GDP based on PPP of Bolivia grew substantially from 26.32 to 84.1 billion international dollars rising at an increasing annual rate that reached a maximum of 8.67 % in 2013 and then decreased to 6.65 % 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 84.10 6.65 %
2017 78.85 6.18 %
2016 74.27 5.40 %
2015 70.46 5.98 %
2014 66.49 7.46 %
2013 61.87 8.67 %
2012 56.94 7.14 %
2011 53.14 7.40 %
2010 49.48 5.34 %
2009 46.97 4.14 %
2008 45.10 8.21 %
2007 41.68

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