Bolivia is one of the poorest and most undeveloped countries in South America. During the early 1980s Bolivia experiences an economic crisis. After the crisis reforms sparked private investment, stimulated economic growth, and cut poverty rates in the 1990s. During 2003-2005 Bolivia was considered to be in political instability, racial tensions were high, and violent protests were common. In 2009 the recession slowed, but Bolivia recorded to have the highest growth rate. Then in 2010-2012 commodity prices grew rapidly and there were large trade surpluses. Bolivia has lack of foreign investors that cause growth in the economy difficult. Bolivia is a mix economy. The rural parts of he country follow the traditional economy model. However in the cites Bolivia relies on imports and exports,
The Public Debt in Bolivia is 34.6% of Gross Domestic Product. They are place 107 among 155 countries. This states that Bolivia is borrowing money from other countries, and has caused the countries government to fall into debt. IN 2011 this number was 36.5%. Bolivia has reduced their debt the past year. The inflation rate among consumer prices decreased from 9.9% in 2011 to 4.5% in 2012. This is the average percent change in prices. Bolivia is ranked 136 among the rest of the world. This shows that prices for consumers are getting more affordable. The distribution of family income by on the Lorenz Curve is 5, based on the Gini index. The larger the number the more it falls away from the Lorenz Curve. Within 10 years the gini number decreased 4.9 points. Bolivia is ranked 14 in the world. This is ranked very high. Stating that Bolivia is not evenly distributed.
The per capital for Bolivia is $5,200 in 2012.
The Public Debt in Bolivia is 34.6% of Gross Domestic Product. They are place 107 among 155 countries. This states that Bolivia is borrowing money from other countries, and has caused the countries government to fall into debt. IN 2011 this number was 36.5%. Bolivia has reduced their debt the past year. The inflation rate among consumer prices decreased from 9.9% in 2011 to 4.5% in 2012. This is the average percent change in prices. Bolivia is ranked 136 among the rest of the world. This shows that prices for consumers are getting more affordable. The distribution of family income by on the Lorenz Curve is 5, based on the Gini index. The larger the number the more it falls away from the Lorenz Curve. Within 10 years the gini number decreased 4.9 points. Bolivia is ranked 14 in the world. This is ranked very high. Stating that Bolivia is not evenly distributed.
The per capital for Bolivia is $5,200 in 2012.