Country risk assessment ยท Americas

Bolivia political and security risk assessment

Bolivia carries a guarded level of political and security risk for business. It scores 34 out of 100 on the Zed Three World Threat Map (band 2 of 5), down 1 on last week and rising over the last 12 weeks. Last updated Nov 2, 2026.

34of 100
Guarded

Band 2 of 5

▼ Down 1 on last week

Americas

Bolivia

What is the political and security risk in Bolivia right now?

Bolivia carries a guarded level of political and security risk for business. It scores 34 out of 100 on the Zed Three World Threat Map (band 2 of 5), down 1 on last week and rising over the last 12 weeks.

Week on week the picture is little changed. The main standing risks are foreign government warnings.

On the economic side, real GDP contracted 1.6% in 2025 with inflation at 19.5%.

What are the main risks of operating in Bolivia?

Protest and civil unrestElevated

Protests are persistent but usually manageable with planning.

Armed conflict and political violenceElevated

Armed violence is reported regularly in some areas.

Staff movement and duty of careGuarded

Foreign governments advise normal to increased caution.

What has changed recently in Bolivia?

Bolivia moved down 1 this week and rose 7 points over the last 12 weeks, from 27 to 34.

  • Reporting of armed clashes and attacks down week on week

What happens next? Outlook for the next 1 to 3 months

We assess it is likely that Bolivia stays in the Guarded band through the end of December. It sits 6 points from the Elevated band.

0%50%100%

Likelihood ranges are editorial judgments, not advice.

What does it mean for shipping, supply chains and operations?

Commodities

Ores and metals make up 47% of goods exports (2025 data), so mining regions and export corridors are the exposure to watch.

Supply chain

Trade equals 47% of GDP (2024 data). Supply chain exposure is mainly to regional and global shocks rather than local events.

Operations

Operating conditions are generally normal, with localized risks to plan around.

Key facts

GDPUS$64.8 billionLatest data, 2025
Real GDP growth-1.6%Latest data, 2025
Inflation19.5%Latest data, 2025
Trade47% of GDPLatest data, 2024
Fuel exports12% of goods exportsLatest data, 2025
Ores and metals47% of goods exportsLatest data, 2025
Food exports20% of goods exportsLatest data, 2025
Population12.6 millionLatest data, 2025

How has the Bolivia threat score moved?

15253545Aug 9Aug 23Sep 6Sep 20Oct 4Oct 18Aug 9: 27Aug 16: 28Aug 23: 29Aug 30: 35Sep 6: 36Sep 13: 36Sep 20: 36Sep 27: 35Oct 4: 36Oct 11: 35Oct 18: 35Oct 25: 3434

Frequently asked questions

What is the political and security risk in Bolivia for business?

Bolivia carries a guarded level of political and security risk for business. It scores 34 out of 100 on the Zed Three World Threat Map (band 2 of 5), down 1 on last week and rising over the last 12 weeks.

What are the main geopolitical risks of operating in Bolivia?

The main risk drivers are protest and civil unrest (elevated); armed conflict and political violence (elevated); staff movement and duty of care (guarded). Protests are persistent but usually manageable with planning.

What is the outlook for Bolivia?

We assess it is likely (60 to 75%) that Bolivia stays in the Guarded band through the end of December. It sits 6 points from the Elevated band.

How often is the Bolivia risk assessment updated?

The Bolivia threat score is updated weekly on the Zed Three World Threat Map, and this assessment is reviewed monthly. It was last updated Nov 2, 2026.

Related country assessments

Published by Zed Three, a private, independent risk intelligence company. Assessment last updated Nov 2, 2026. Threat score updated weekly, last on Nov 2, 2026. General analysis for informational purposes, not security, legal or investment advice.

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