Population, Total for the Plurinational State of Bolivia
POPTOTBOA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,413,315.00
Year-over-Year Change
18.04%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population, Total for the Plurinational State of Bolivia' trend measures the total population of Bolivia, a South American country. This data is critical for economists and policymakers to understand demographic trends and their economic implications.
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
This series represents the total population of Bolivia, including all residents regardless of legal status or citizenship. The data is collected and reported annually by the World Bank, providing a key metric for analyzing Bolivia's economic and social development over time.
Methodology
The World Bank compiles this data from official government sources and national statistics offices.
Historical Context
Policymakers and analysts use this population data to inform economic, social, and development programs and policies in Bolivia.
Key Facts
- Bolivia's population was over 12.7 million as of 2020.
- Bolivia's population has grown by over 50% since 1990.
- Bolivia has a young population, with a median age of 24 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total population of Bolivia, including all residents regardless of legal status or citizenship.
Q: Why is this trend relevant for users or analysts?
A: Population data is critical for understanding Bolivia's economic and social development, informing policy decisions, and analyzing demographic trends.
Q: How is this data collected or calculated?
A: The World Bank compiles this data from official government sources and national statistics offices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this population data to inform economic, social, and development programs and policies in Bolivia.
Q: Are there update delays or limitations?
A: The data is reported annually, with potential delays in availability from the original sources.
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Citation
U.S. Federal Reserve, Population, Total for the Plurinational State of Bolivia (POPTOTBOA647NWDB), retrieved from FRED.