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In 2018, GDP for Bolivia was 41.41 billion US dollars. Over the last 20 years, GDP of Bolivia grew substantially from 8.27 to 41.41 billion US dollars rising at an increasing annual rate that reached a maximum of 28.20 % in 2008 and then decreased to 8.81 % in 2018.The description is composed by our digital data assistant.
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates.