Expenditure-side Real GDP at Current Purchasing Power Parities for the Plurinational State of Bolivia
CGDPESBOA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99,103.81
Year-over-Year Change
128.04%
Date Range
1/1/1950 - 1/1/2019
Summary
This economic indicator measures the real gross domestic product (GDP) of Bolivia, adjusted for differences in purchasing power across countries. It provides a comprehensive assessment of Bolivia's economic activity and living standards relative to other nations.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The expenditure-side real GDP at current purchasing power parities (PPPs) for Bolivia is a key statistic used by economists and policymakers to compare the size and growth of Bolivia's economy with other countries in a globally consistent manner. It accounts for price level differences to enable more accurate international comparisons.
Methodology
The data is collected and calculated by the World Bank using household and government expenditure surveys.
Historical Context
This trend is widely referenced in international economic analysis and policy discussions.
Key Facts
- Bolivia's 2021 GDP at PPP was $94.6 billion.
- Bolivia's GDP per capita at PPP was $8,021 in 2021.
- Bolivia's economy grew by 6.1% in 2021.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the real gross domestic product (GDP) of Bolivia, adjusted for differences in purchasing power across countries.
Q: Why is this trend relevant for users or analysts?
A: It provides a comprehensive and globally consistent assessment of Bolivia's economic activity and living standards relative to other nations.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using household and government expenditure surveys.
Q: How is this trend used in economic policy?
A: This trend is widely referenced in international economic analysis and policy discussions to compare the size and growth of Bolivia's economy with other countries.
Q: Are there update delays or limitations?
A: There may be delays in data availability and potential limitations in survey coverage or methodological changes over time.
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Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Current Purchasing Power Parities for the Plurinational State of Bolivia (CGDPESBOA666NRUG), retrieved from FRED.