Bolivia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (H2 2026)
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GlobalData expects Bolivia's construction output to contract by 19.5% in real terms in 2026, following a 13.6% decline in 2025. This would leave output 27.9% below its 2021 level. The downturn is broad based, with every sector forecast to contract between 15.5% and 21.3%, and residential and industrial construction hit hardest. Leading indicators confirm the depth of the slump. According to the Central Bank of Bolivia (BCB), construction value-add is estimated to have recorded a sharp contraction of by 27.3% year on year (YoY) in H1 2026, the steepest decline of any economic activity, as public investment was cut back and contractors struggled to source materials. According to the Instituto Nacional de Estadística (INE), the number of construction plans approved fell by 42.7% YoY during the first eight months of 2026, preceded by an annual decline of 8.6% in 2025, reflecting the continued weakness in new construction activity. According to the INE, cement sales fell by 19.9% YoY in the first eight months of 2026, preceded by annual decline of 3.9% YoY in 2025.
Over the remainder of the forecast period, GlobalData expects output to grow at an annual average rate of 5.9% in 2027–30, led by the energy and utilities (6.8%) and infrastructure (6.3%) sectors. Despite the rebound, output in 2030 will remain 12.4% below its 2024 level, making this a partial recovery from a low base rather than a return to pre-crisis activity. Road reconstruction will be the earliest source of demand, with road infrastructure output forecast to grow at an annual average rate of 10.1% by 2027–30, supported by the government's plan to mobilize BOB17 billion ($2.5 billion) for roads in the department of La Paz. This will help restoration of road infrastructure that faced damage during the 53 days of blockades (during May-June 2026). The projects include the construction of the Sacambaya Bridge, the construction of the 42km Escoma–Charazani, the completion of the Santa Bárbara–Caranavi highway, and drinking water projects.
GlobalData’s Construction in Bolivia – Country Briefing (H2 2026) report provides detailed market analysis, information, and insights into Bolivia’s construction industry, including:_x000D_
– Bolivia’s construction industry's growth prospects by market, project type and construction activity_x000D_
– Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Bolivia’s construction industry_x000D_
– Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Scope
This report provides a comprehensive analysis of the construction industry in Bolivia. It provides:
– Historical (2021–2025) and forecast (2026–2030) valuations of the construction industry in Bolivia, featuring details of key growth drivers.
– Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
– Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
– Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies_x000D_
Assess market growth potential at a micro-level with over 600 time-series data forecasts_x000D_
Understand the latest industry and market trends_x000D_
Formulate and validate business strategies using GlobalData's critical and actionable insight_x000D_
Assess business risks, including cost, regulatory and competitive pressures_x000D_
Evaluate competitive risk and success factors
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