Bolivia FlagBolivia

Land Of Mountains, Land On The River

 

General


Population: 10,631,486 (2014), 10,461,053 (2013)
Land Area: 1,098,580 sq km
Natural Resources: Tin, natural gas, petroleum, zinc, tungsten, antimony, silver, iron, lead, gold, timber, hydro power
Capital: La Paz
Political System: Republic
State Leader: Juan Evo Morales (January 22nd 2006)
Languages: Spanish, Quechua, Aymara
Currency: Boliviano (BOB)
Major Religions: Roman Catholic 95%, Protestant 5%
Major Ethnicities: Quechua 30%, Mestizo 30%, Aymara 25%, Caucasian 15%
Life Expectancy: 68.55 years (2014), 68.22 years (2013)

Economy


GDP Official Exchange Rate: 30.79 billion (2013), 27.12 billion (2012)
GDP Purchasing Power Parity: 59.11 billion (2013), 54.36 billion (2012)
GDP Per Capita (PPP): 5,500 (2013), 5,000 (2012)
GDP Growth Rate: 6.8% (2013), 5.2% (2012)
GDP Structure: Agriculture 9.2%, Industry 38.5%, Services 52.3% (2013)
Labour Force By Occupation: Agriculture 32%, Industry 20%, Services 48% (2010)
Industries: Mining, smelting, petroleum, food and beverages, tobacco, handicrafts, clothing
Agriculture Products: Soybeans, coffee, coca, cotton, corn, sugarcane, rice, potatoes; timber
Human Development Index: 0.667 (113th)(2014), 0.675 (108th)(2013)
Tourism Revenue: 265 million (2004)
Unemployment Rate: 7.4% (2013)

MilitaryBolivia Map


Army Size: 31 500 (2004)
Budget: 1.9% of GDP (2006)

Current Situation

 

Bolivia is located in central South America, Bolivia is bordered by Brazil, Paraguay, Argentina, Chile and Peru. Bolivia's economy is dependent on foreign assistance, but it has significant natural resources that are waiting to be extracted. However, since the prime minister is generally unfriendly to countries like the United States, this will dissuade foreign companies from making serious long-term investments in Bolivia. (2014) Increasing exports of petroleum products including natural gas are fuelling economic growth in Bolivia

Thoughts & Comments

 

Sources

CIA World Factbook: Bolivia
The Economist: The World In 2014
Wikipedia: Bolivia
http://hdrstats.undp.org/en/countries/profiles/BOL.html

Updated on: July 20th, 2014