Opportunities


aguayoSome facts showing that Bolivia offers plenty of opportunities:

Economic growth

Bolivia has grown much faster over the last eight years than in any other period over the past decades.

High level of international reserves

Bolivia’s international reserves currently comprise more than 48 percent of its GDP.

High and increasing public investment

Since 2006 increased public investment spending in Bolivia has become a governmental priority.

Highest foreign direct investment in South America

Bolivia had the highest level of foreign direct investment, as a percent of GDP, in South America in 2013.

Technology and outsourcing opportunities

Bolivia provides a good environment to start an outsourcing business. Maybe it does not have the most “avant-garde” technology but it has a very solid one. Currently there are many companies that outsource to Bolivia with high rates of success.

Political stability

Bolivia enjoys a stable and continuous democracy since the 80s. The current president, the first indigenous one, is serving as head of state for three consecutive governmental periods.

International relations

Since 2012 Bolivia has been in the process of becoming a full member of the Southern Cone Common Market, Mercosur. It is a member of the Bolivarian Alternative for the Americas (ALBA), the Latin American Integration Association (ALADI), the Amazon Pact, the Union of South American Nations (UNASUR), the Organization of American States (OAS), the Community of Caribbean and Latin American States (CELAC), the Andean Community (CAN) and the Forum for East Asia-Latin American Cooperation (FEALAC). It is also a member of the UN, the Non-Aligned Movement, the International Parliamentary Union and the World Trade Organization (WTO).

Trade policy

Bolivia enjoys trade benefits under the General Preferential Tariff System with the United States, Canada, Japan, Norway, Switzerland, and the European Union.

Natural resources

Bolivia has a wealth of natural resources, especially minerals, gas and oil.

Society and education

Bolivia is a country of young people, 36% of its population is under 15 years old and the average age is 22. Higher education institutions are flourishing in all the main cities. In 2008 Bolivia was declared free of illiteracy

Culture and arts

Bolivian identity has been constructed and is still being constructed on the shared cultural attributes of the whole Latin American region. The paradox is that diversity and inequality are some of the regional distinctive elements that produce effervescent social, cultural and artistic movements. Nowadays, Bolivia is not only known by its folklore, but also by its production of contemporary art.