Bolivia is considered a developing country. A nation's level of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. As a developing country, Bolivia may not be able to provide consistent social services to its citizens. These social services can include things like public education, reliable health care, and law enforcement. Citizens of developing countries can have a lower life expectancy than citizens of developed countries. Bolivia exports about US$12.16 billion and imports about US$9.28 billion each year. 3.5% of the country's population is unemployed. The total number of unemployed in Bolivia is 392,549. In Bolivia, 39% of the population lives below the poverty line. The percentage of citizens living below the poverty line in Bolivia is quite high, but nothing to worry about in terms of investments. Potential lenders should look at other economic indicators, including GDP, the rate of urbanization and the strength of the currency, before making investment decisions. Government spending on education is 6.3% of GDP. The country's Gini index is 46.6. Bolivia experiences poor equality. The gap between the richest and poorest citizens in this country is quite palpable. Bolivia has a Human Development Index (HDI) of 0.667. Bolivia has an upper middle HDI value. This indicates that the majority of citizens will be able to lead a worthwhile life, although some citizens will not be able to achieve a high standard of living. The Global Peace Index (GPI) for Bolivia is 2.025.

Currency
The currency of Bolivia is Bolivian Boliviano. The plural form of the word Bolivian boliviano is bolivianos. The symbol used for this currency is Bs., abbreviated as BOB. The Bolivian boliviano is divided into centavo; There are 100 in a Boliviano.

Credit rating
Bolivia's credit rating depth index is 7, which means that the information is mostly sufficient and fairly detailed; Accessibility is not a problem. According to the rating agency SP, Bolivia has a credit rating score of BB- and the prospects for this rating are positive. According to the rating agency Fitch, Bolivia has a credit rating score of B+ and the prospects for this rating are stable. According to the rating agency Moody's, Bolivia has a credit rating of Ba3 and the prospects for this rating are positive.

Central bank
The key interest rate of the Bolivian commercial banks is 9.7. In Bolivia, the institution that manages the state's currency, money supply and interest rates is called the Central Bank of Bolivia. Locally, the central bank of Bolivia is called Banco Central de Bolivia. The average interest rate on deposits offered by local banks in Bolivia is 3%.

National debt
Bolivia has a public debt equal to 26.7% of the country's gross domestic product (GDP) as estimated in 2014.

Tax information
Corporate tax in Bolivia is 25%. Personal income tax ranges from 0% to 25% depending on your specific situation and income level. The VAT in Bolivia is 13%.

Finance
The total Gross Domestic Product (GDP) valued as Purchasing Power Parity (PPP) in Bolivia is US$70279 billion. The gross domestic product (GDP) per capita in Bolivia, calculated as purchasing power parity (PPP), was most recently 6 million US dollars. PPP in Bolivia is considered below average compared to other countries. Below-average PPPs indicate that citizens in this country find it difficult to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with below-average purchasing power parities are dangerous locations for investments. The total gross domestic product (GDP) in Bolivia is 30,601 billion. Based on this statistic, Bolivia is considered to be medium strong. Middle economy countries support an average number of industries and investment opportunities. It shouldn't be too difficult to find worthwhile investment opportunities in mid-sized economies. The gross domestic product (GDP) per capita in Bolivia was recently 3 million dollars. The average citizen in Bolivia has very little wealth. Countries with very low wealth per capita often have lower life expectancies and a dramatically lower quality of life for their citizens. In countries with very low levels of prosperity, it can be very difficult to find a highly skilled workforce as it is difficult for citizens to obtain the education required for specialized industries. However, labor can be found at very low rates compared to countries with higher wealth per capita. The annual GDP growth rate in Bolivia averaged 5.8% in 2014. According to this percentage, Bolivia is currently experiencing significant growth.