Innovation for Resilient Food Systems (Alianzas Rurales - PAR III) Project

About this project

Bolivia has made significant progress in reducing poverty and inequality in the past two decades, propelled by large public expenditures during the commodity boom that contributed to increasing labor earnings. Economic growth and social gains have nonetheless slowed down. From 2002–2014, some 96,000 people exited poverty annually and gross domestic product (GDP) growth averaged 4.6 percent. Progress was driven by household earnings because the private sector generates 73 percent of jobs in Bolivia and labor earnings drive both reduced poverty and greater equality. From 2014 to 2018, GDP growth decelerated, the average annual number of people exiting poverty fell significantly to 35,000, and the public sector's ability to boost progress declined in parallel. The COVID-19 crisis hit Bolivia hard at a time when there is limited fiscal space to respond. Bolivia's output is estimated to have contracted by 7.8 percent in 2020, its first recession since 1986, and poverty is expected to have increased along with a decline in labor earnings for many households. In May 2020, just after the onset of the COVID-19 crisis, 70 percent of workers interviewed in a World Bank phone survey reported that they had not worked or had lost their jobs during the quarantine period. In addition, the combination of the COVID-19 health and economic emergency and the sharp decline in commodity prices has put macroeconomic stability under further strain, as Bolivia entered the crisis with increasing fisca…

Published by

World Bank · Multilateral

Countries

Bolivia

Sectors

Multi-hazard response preparednessAgricultural policy and administrative management

Places

Plurinational State of Bolivia

Funded by

International Bank for Reconstruction and Development

Implemented by

Ministry of Rural Development and Land

Accountable

Plurinational State of Bolivia

Passes funds through

International Bank for Reconstruction and Development

Published by World Bank to the International Aid Transparency Initiative (IATI), last updated 3 Oct 2026 and imported automatically. IATI identifier: 44000-P175672.

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