• Competitiveness index of Bolivia 2019

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The score given to Bolivia on the Global Competitiveness Report, a study that assesses the competitiveness level of countries' economies worldwide, has increased lately. In 2019, the Bolivian economy had a competitiveness index of 51.8 points (in a range from 1 to 100), up from 51.4 points recorded one year before. Nevertheless, Bolivia was deemed one of the least competitive economies in Latin America as a whole.

Competitiveness index of Bolivia from 2008 to 2019

	Index score
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Release date

October 2019

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Region

Bolivia, Central and South America

Survey time period

2008 to 2019

Supplementary notes

* From 2018, the study methodology changed. Before 2018, the index ranged from 1 to 7. As of 2018, it ranges from 1 to 100.
The Global Competitiveness Index is based on twelve pillars of competitiveness, such as technology levels, infrastructure, labor market efficiency, etc. These indicators are combined in an index which provides insight into how a country is able to generate wealth.