International organization participation: CAN, ECLAC, FAO, G-11, G-77,
IADB, IAEA, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO,
Intelsat, Interpol, IOC, IOM, ITU, LAES, LAIA, Mercosur (associate),
MONUC, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO,
UNMIK, UNTAET, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO
Diplomatic representation in the US: chief of mission: Ambassador Marlene FERNANDEZ del Granado chancery: 3014 Massachusetts Avenue NW, Washington, DC 20008 telephone: (202) 483-4410 FAX: (202) 328-3712 consulate(s) general: Los Angeles, Miami, New York, and San Francisco
Diplomatic representation from the US: chief of mission: Ambassador Donna Jean HRINAK embassy: Avenida Arce 2780, San Jorge, La Paz mailing address: P. O. Box 425, La Paz; APO AA 34032 telephone: (2) 430251 FAX: (2) 433900
Flag description: three equal horizontal bands of red (top), yellow, and green with the coat of arms centered on the yellow band; similar to the flag of Ghana, which has a large black five-pointed star centered in the yellow band
@Bolivia:Economy
Economy - overview: Bolivia, long one of the poorest and least developed Latin American countries, has made considerable progress toward the development of a market-oriented economy. Successes under President SANCHEZ DE LOZADA (1993-1997) included the signing of a free trade agreement with Mexico and the Southern Cone Common Market (Mercosur) as well as the privatization of the state airline, telephone company, railroad, electric power company, and oil company. His successor, Hugo BANZER Suarez has tried to further improve the country's investment climate with an anticorruption campaign. Growth slowed in 1999, in part due to tight government budget policies, which limited needed appropriations for anti-poverty programs, and the fallout from the Asian financial crisis. Growth should rebound to perhaps 4% in 2000 given reasonably favorable world commodity prices.
GDP: purchasing power parity - $24.2 billion (1999 est.)
GDP - real growth rate: 2% (1999 est.)
GDP - per capita: purchasing power parity - $3,000 (1999 est.)
GDP - composition by sector: agriculture: 16.6% industry: 35.5% services: 47.9% (1998 est.)