La Paz (administrative capital); Sucre (constitutional [legislative and judicial] capital)
Population
12,311,974
Sub-Zones
9
General Information
Basic details about Bolivia
Population:
12,311,974
Area:
1,098,581 sq km
Currency:
bolivianos
Languages:
Spanish, Quechua, Aymara, Guarani, other 1.5, unspecified 2.1, note - Spanish and all Indigenous languages are official
Economic Overview
Key economic indicators for Bolivia
GDP:
$120.531 billion
GDP per Capita:
$9,800
GDP Growth:
3.08%
Inflation:
2.58%
Unemployment:
3.08%
Public Debt:
49% of GDP
Credit Rating:
B+ (2020)
Political System
Governance structure of Bolivia
Government Type:
presidential republic
Head of State:
President Luis Alberto ARCE Catacora (since 8 November 2020)
Head of Government:
President Luis Alberto ARCE Catacora (since 8 November 2020)
Judiciary:
Supreme Court or Tribunal Supremo de Justicia (consists of 12 judges or ministros organized into civil, penal, social, and administrative chambers); Plurinational Constitutional Tribunal (consists of 7 primary and 7 alternate magistrates); Plurinational Electoral Organ (consists of 7 members and 6 alternates); National Agro-Environment Court (consists of 5 primary and 5 alternate judges; Council of the Judiciary (consists of 3 primary and 3 alternate judges)
Administrative Divisions:
9 departments (departamentos, singular - departamento); Beni, Chuquisaca, Cochabamba, La Paz, Oruro, Pando, Potosi, Santa Cruz, Tarija
Major Political Parties
Not specified
International Relations
Global position and alliances
UN Member:
Yes
UN Security Council:
Permanent member
EU Member:
No
Diplomatic Presence:
3014 Massachusetts Ave., NW, Washington, DC 20008
Major Alliances and Organizations
OAS
Economic Sectors & Trade
Detailed economic breakdown
Major Economic Sectors
Agriculture
13.5% (2023 est.)
Industry
24.2% (2023 est.)
Services
51.1% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Trade Volume
Exports:
$11.905 billion
Imports:
$12.988 billion
Major Trading Partners
Brazil 15
India 13
China 11
Argentina 11
UAE 8
Economic Outlook
Bolivia has a 3.08% GDP growth rate with 2.58% inflation. The economy is characterized by a strong agriculture sector.