bons law that imposed significantly higher royalties and
required foreign firms then operating under risk-sharing contracts
to surrender all production to the state energy company, which was
made the sole exporter of natural gas. The law also required that
the state energy company regain control over the five companies that
were privatized during the 1990s - a process that is still underway.
In 2006, higher earnings for mining and hydrocarbons exports pushed
the current account surplus to about 12% of GDP and the government's
higher tax take produced a fiscal surplus after years of large
deficits. Debt relief from the G8 - announced in 2005 - also has
significantly reduced Bolivia's public sector debt burden. Private
investment as a share of GDP, however, remains among the lowest in
Latin America, and inflation reached double-digit levels in 2007.

GDP (purchasing power parity):

$39.75 billion (2007 est.)

GDP (official exchange rate):

$13.19 billion (2007 est.)

GDP - real growth rate:

4.6% (2007 est.)

GDP - per capita (PPP):

$4,400 (2007 est.)

GDP - composition by sector:

agriculture: 14.5%
industry: 30.5%
services: 55% (2006 est.)

Labor force:

4.377 million (2007 est.)

Labor force - by occupation:

agriculture: 40%
industry: 17%
services: 43% (2006 est.)

Unemployment rate:

7.5% in urban areas; widespread underemployment (2007 est.)

Population below poverty line:

60% (2006 est.)

Household income or consumption by percentage share:

lowest 10%: 0.3%
highest 10%: 47.2% (2002)

Distribution of family income - Gini index:

59.2 (2006)

Investment (gross fixed):

16.1% of GDP (2007 est.)

Budget:

revenues: $5.723 billion
expenditures: $5.495 billion (2007 est.)

Fiscal year:

calendar year

Public debt:

46.3% of GDP (2007 est.)

Inflation rate (consumer prices):

8.7% (2007 est.)

Central bank discount rate:

6.5% (31 December 2007)

Commercial bank prime lending rate:

12.86% (31 December 2007)

Stock of money:

$3.032 billion (31 December 2007)

Stock of quasi money:

$4.729 billion (31 December 2007)

Stock of domestic credit:

$4.759 billion (31 December 2007)

Agriculture - products:

soybeans, coffee, coca, cotton, corn, sugarcane, rice, potatoes;
timber

Industries:

mining, smelting, petroleum, food and beverages, tobacco,
handicrafts, clothing

Industrial production growth r