Rapid population growth in Bolivia in 2021-2040 will be driven by positive, yet declining, rates of natural increase. While the ageing trend will quicken, Bolivia will remain one of the younger regional countries due to relatively high birth rates and low life expectancy. Urbanisation will be brisk. As the population surges and incomes rise, Bolivia should become an increasingly appealing consumer market up to 2040, however elevated levels of poverty and inequality are set to continue.
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