Attribute | Value |
---|---|
Geography | |
Area | 1,098,581 km² |
Continent | South America |
Land area | 1,083,301 km² |
Water area | 15,280 km² |
Land boundaries | 7,252 km |
Border countries |
|
Coastline | 0 km |
Mean elevation | 1,192 m |
Lowest point | 90 m |
Highest point | 6,542 m |
People | |
Population | 11,639,909 |
Official languages |
|
Religion | Roman Catholic |
Government | |
Long country name | Plurinational State of Bolivia |
Short country name | Bolivia |
Long local name | Estado Plurinacional de Bolivia |
Short local name | Bolivia |
Former name | Add |
Government type | Presidential republic |
Capital | La Paz |
Economy | |
GDP (PPP) | 83,720,000,000 USD |
GDP (OER) | 37,780,000,000 USD |
GDP (real growth rate) | 4.2 % |
GDP - per capita (PPP) | 7,600 USD |
Gross national saving | 15.7 % of GDP |
Labor force | 5,719,000 |
Unemployment rate | 4 % |
Population below poverty line | 38.6 % |
Budget revenues | 15,090,000,000 USD |
Budget expenditures | 18,020,000,000 USD |
Military expenditures | 1.5 % of GDP |
Taxes and other revenues | 39.9 % of GDP |
Budget surplus or deficit | -7.8 % of GDP |
Public debt | 49 % of GDP |
Inflation rate | 2.8 % |
Central bank discount rate | 2.5 % |
Commercial bank prime lending rate | 8.11 % |
Stock of narrow money | 9,616,000,000 USD |
Stock of broad money | 9,616,000,000 USD |
Stock of domestic credit | 25,610,000,000 USD |
Market value of publicly traded shares | 12,800,000,000 USD |
Current account balance | -2,375,000,000 USD |
Exports | 7,746,000,000 USD |
Imports | 8,601,000,000 USD |
Reserves of foreign exchange and gold | 10,260,000,000 USD |
External debt | 12,810,000,000 USD |
National currency | bolivianos |
National currency (code) | BOB |
National currency (symbol) | $b |
National currency rate to USD | 6.86 |
Bolivia, named after independence fighter Simon BOLIVAR, broke away from Spanish rule in 1825; much of its subsequent history has consisted of a series of coups and countercoups, with the last coup occurring in 1978. Democratic civilian rule was established in 1982, but leaders have faced difficult problems of deep-seated poverty, social unrest, and illegal drug production. In December 2005, Bolivians elected Movement Toward Socialism leader Evo MORALES president - by the widest margin of any leader since the restoration of civilian rule in 1982 - after he ran on a promise to change the country's traditional political class and empower the nation's poor, indigenous majority. In December 2009 and October 2014, President MORALES easily won reelection. His party maintained control of the legislative branch of the government, which has allowed him to continue his process of change. In February 2016, MORALES narrowly lost a referendum to approve a constitutional amendment that would have allowed him to compete in the 2019 presidential election. However, a 2017 Supreme Court ruling stating that term limits violate human rights has provided the justification for MORALES to be chosen by his party to run again in 2019.