Key Market Indicators
Bolivia is projected to see a decline in vaccination coverage among children aged one year old over the next five years. The coverage rate is expected to fall to 72% by 2028, down from 75% in 2023. This represents an average annual decrease of 0.6 percentage points. The country's vaccination coverage has been on a downward trend since 1985, with a yearly decline of two percentage points. In contrast, Bolivia's vaccine imports are forecasted to rise. By 2028, the value of vaccine imports is projected to reach approximately $18 million, up from around $17 million in 2023. This marks a compound annual growth rate (CAGR) of 1.2%. Since 1997, Bolivia's demand for vaccines has increased at an average annual rate of 2.3%.
