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Bolivia is one of the poorest and least developed countries in Latin America. Following a disastrous economic crisis during the early 1980s, reforms spurred private investment, stimulated economic growth, and cut poverty rates in the 1990s. The period 2003-05 was characterized by political instability, racial tensions, and violent protests against plans - subsequently abandoned - to export Bolivia's newly discovered natural gas reserves to large northern hemisphere markets. In 2005, the government passed a controversial hydrocarbons law that imposed significantly higher royalties and required foreign firms then o...  More..

Economy of Bolivia
SOURCE: CIA - The World Factbook
Currency Boliviano
Fiscal Year 01 January - 31 December
GDP (PPP) $45.11 billion (2009 est.)
GDP (per capita) $4,600 (2009 est.)
Exports $4.837 billion (2009 est.)
Imports $4.166 billion (2009 est.)
Main Industries Mining, Smelting, Petroleum, Food and Beverages, Tobacco, Handicrafts, Clothing
Exports - Commodities Natural Gas, Soybeans and Soy Products, Crude Petroleum, Zinc Ore, Tin
Imports - Commodities Petroleum Products, Plastics, Paper, Aircraft and Aircraft Parts, Prepared Foods, Automobiles, Insecticides, Soybeans
Exports Partners Brazil 60.1%, US 8.3%, Japan 4.1% (2008)
Imports Partners Brazil 29.4%, Argentina 15.7%, US 10.1%, Chile 9.1%, Peru 6.9%, China 4.6% (2008)

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