Trade as a share of GDP in Bolivia

Bolivia: Trade as a share of GDP was 47.0% in 2024. ▲ Rising

Latest (2024)
47.0%
Change on year
down 5.3%
World rank
156th
of 191 countries
All-time high
85.3%
in 2014
All-time low
37.5%
in 2020
Years of data
65
1960–2024

Trade as a share of GDP in Bolivia, 1960–2024

020406080196019922024

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

In 2024, trade as a share of gdp in Bolivia stood at 47.0%.

Compared with earlier readings it is down 5.3% on the previous year and down 44.9% over ten years.

Over the whole period, trade as a share of gdp in Bolivia peaked at 85.3% in 2014 and was at its lowest, 37.5%, in 2020.

Bolivia ranks 156th of 191 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 65 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 44.0% 39.7% 48.5% 10
1970s 53.4% 45.1% 62.1% 10
1980s 47.3% 41.9% 58.5% 10
1990s 48.7% 44.2% 52.3% 10
2000s 61.9% 45.2% 82.9% 10
2010s 67.2% 45.6% 85.3% 10
2020s 47.9% 37.5% 57.5% 5

Countries ranked near Bolivia

  1. 153 Sierra Leone 49.1% compare
  2. 154 Mali 48.8% compare
  3. 155 Eritrea 47.4% compare
  4. 157 Sao Tome and Principe 46.6% compare
  5. 158 Guatemala 46.5% compare
  6. 159 India 46.3% compare

See the full ranking of 191 places →

More economy & growth data for Bolivia

All data for Bolivia →

Frequently asked questions

What is trade as a share of gdp in Bolivia?
Trade as a share of gdp in Bolivia was 47.0% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest trade as a share of gdp recorded in Bolivia?
The highest recorded value was 85.3% in 2014.
What is the lowest trade as a share of gdp recorded in Bolivia?
The lowest recorded value was 37.5% in 2020.
How does Bolivia rank for trade as a share of gdp?
Bolivia ranks 156th out of 191 countries with data for 2024.
Is trade as a share of gdp rising or falling in Bolivia?
Over the last ten years it is down 44.9%. The long-run trend across the full record is rising.
Where does this Bolivia data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Trade as a share of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Trade in goods and services as a share of GDP, shown as a percentage.