General information

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Population

12.4M

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Online population

9.1M

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Currency

BOB


Market overview


Population - 12.4M

[At the start](https://datareportal.com/reports/digital-2024-bolivia#:~:text=The state of digital in Bolivia in 2024&text=Bolivia was home to 7.55,percent of the total population.) of 2024, 71.4% of Bolivia’s population lived in urban centres, while 28.6% lived in rural areas.

Internet penetration - [73.3%](https://datareportal.com/reports/digital-2024-bolivia#:~:text=The state of digital in Bolivia in 2024&text=Bolivia was home to 7.55,percent of the total population.)

There [were](https://datareportal.com/reports/digital-2024-bolivia#:~:text=The state of digital in Bolivia in 2024&text=Bolivia was home to 7.55,percent of the total population.) 9.1M internet users in Bolivia at the start of 2024.


FinTech Outlook: Trends, Insight & Technology


As for 2023 Bolivia has 26 FinTechs.

<aside> 🛖 **Cámara Boliviana FinTech** Cámara Boliviana FinTech recently established institution with the purpose of accelerating financial inclusion in Bolivia and thus improving people's lives. It has facilitated the creation of spaces for the exchange of experiences and constructive dialogues, highlighting the success of the FinTech Summit Bolivia. Our work has contributed considerably to increasing Bolivia's visibility in the FinTech field. Cámara Boliviana FinTech formalized important strategic alliances with the Chamber of Industry, Commerce, Services and Tourism of Santa Cruz (CAINCO), Amcham Bolivia, the FinTech Bolivia Community and the British Embassy in Bolivia.

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Bolivia's startup ecosystem is projected to grow by a whopping 18% annually through 2024, fueled by increased investment and government backing. The evolution of the number of startups and the main players in the ecosystem shows that there has been stability over the last six years. However, in 2022, after the pandemic, they reached 185; in 2023 this number dropped to 147 startups, rising to 167 in 2024. It is also important to highlight the growth of investors in 2024, which were nine, after having been only five in previous years.

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Banks


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There are 15 banks operating in Bolivia as for 2024.


Digital banks