Human Development Index (HDI)
Bolivia unfortunately ranks on the lower scale of
the Human Development Index, ranking 118th out of
192 countries, with 0.692 compared to Australia
ranking 10th with 0.949. Bolivia’s low rank can be
linked to a lack of human development. It is also
landlocked meaning, the economy depends on the
export of raw minerals and gas, making it vulnerable
to changes in trade. Bolivia experienced a change of
19.8 percent in IHDI, which shows the inequality
they face.