Bolivia

In 2005, the Bolivian economy turned in a good performance on several fronts. GDP grew by 4.1%, which was 0.2 percentage points more than the previous year. Similarly, per capita GDP rose by 1.8%, which was 0.1 percentage points higher than in 2004. The deficit of the non-financial public sector (NFPS) narrowed by 3.2 GDP percentage points, the balance of payments posted a surplus of US$ 492.9 million and net international reserves swelled by US$ 503.6 million. These results occurred in the context of two opposing factors: favourable external conditions for hydrocarbon-producing countries (with natural gas prices rising by 28.9% and petroleum prices by 44.1% in 2005), yet in a domestic political environment characterized by social protests, presidential and parliamentary elections and major institutional reform.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions