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Bolivia MINING https://photius.com/countries/bolivia/economy/bolivia_economy_mining.html Sources: The Library of Congress Country Studies; CIA World Factbook
Indian woman shoveling salt at the Uyuni Salpan, Potosà Department Mining tungsten in the Kami mine, Cochabamba Department From 1557 to 1985, the mining industry dominated the Bolivian economy. By 1985, however, the production of every significant mineral in the country had failed to exceed the output registered in 1975. Moreover, the international tin market crashed in 1985. The mining sector in 1987 accounted for only 4 percent of GDP, 36 percent of exports, 2.5 percent of government revenues, and 2 percent of the labor force, compared with 8 percent of GDP, 65 percent of exports, 27 percent of government revenues, and about 6 percent of the labor force in 1977. Spurred by a massive increase in gold production, however, the mining sector rebounded in 1988, returning to the top of the nation's list of foreign exchange earners. Data as of December 1989
NOTE: The information regarding Bolivia on this page is re-published from The Library of Congress Country Studies and the CIA World Factbook. No claims are made regarding the accuracy of Bolivia MINING information contained here. All suggestions for corrections of any errors about Bolivia MINING should be addressed to the Library of Congress and the CIA. |