Editing Economy of Bolivia (section)

====Agriculture and forestry====
{{main |Agriculture in Bolivia}}
Agriculture, forestry, and fishing accounted for 14 percent of Bolivia's gross domestic product (GDP) in 2003, down from 28 percent in 1986.<ref name="loc" /> Combined, these activities employ nearly 44 percent of Bolivia's workers.<ref name="loc" /> Most agricultural workers are engaged in subsistence farming—the dominant economic activity of the highlands region.<ref name="loc" /> Agricultural production in Bolivia is complicated by both the country's [[topography]] and climate.<ref name="loc" /> High elevations make farming difficult, as do the [[El Niño]] weather patterns and seasonal flooding.<ref name="loc" /> Bolivia's agricultural GDP continues to rise but has attained only a rather modest average growth rate of 2.8 percent annually since 1991.<ref name="loc" />

Bolivia's most lucrative agricultural product continues to be coca, of which Bolivia is currently the world's third largest cultivator<ref name="loc" /> after Colombia and Peru, with an estimated 29,500 hectares under cultivation in 2007, slightly higher than the previous year.{{Citation needed|date=November 2020}} Bolivia is the third-largest producer of [[cocaine]], a drug produced from coca, estimated at 120 metric tons potential pure cocaine in 2007 and a transit country for Peruvian and Colombian cocaine destined illegally for the U.S., Europe, Brazil, Argentina, Chile, and Paraguay.{{Citation needed|date=November 2020}} The Bolivian government, in response to international pressure, worked to restrict coca cultivation.<ref name="loc" /> However, eradication efforts have hampered by the lack of a suitable replacement crop for rural communities that have cultivated coca for generations.<ref name="loc" /> The [[Evo Morales|Morales]] government turned back some of the results which was obtained in previous years.{{Citation needed|date=November 2020}}

Since 2001 Bolivia's leading legal agricultural export has been [[soybeans]].<ref name="loc" /> Additionally, cotton, coffee, and [[sugarcane]] have been viable exports for Bolivia.<ref name="loc" /> For domestic consumption, [[Maize|corn]], wheat, and potatoes are the crops of choice of Bolivian farmers.<ref name="loc" /> Despite its vast forests, Bolivia has only a minor [[timber industry]].<ref name="loc" /> In 2003 timber accounted for only 3.5 percent of export earnings.<ref name="loc" /> The Forestry Law of 1996 imposed a tax on sawn [[lumber]] and consequently cut Bolivian lumber exports significantly.<ref name="loc" /> The tax was used to establish the Forestry Stewardship Council, which has been only minimally successful in [[forest restoration]] efforts and eliminating [[illegal logging]].<ref name="loc" /> With increased efficiency, Bolivia could likely expand the profitability of its forest resources, while still protecting them from [[overexploitation]].<ref name="loc" /> Bolivia has a small fishing industry that taps the country's freshwater lakes and streams.<ref name="loc" /> The annual catch averages about 6,000 tons.<ref name="loc" />

In 2018, Bolivia produced 9.6 million tons of [[sugarcane]], 2.9 million tons of [[soy]], 1.2 million tons of [[maize]], 1.1 million tons of [[potato]], 1 million tons of [[sorghum]], 700 thousand tons of [[banana]], 541 thousand tons of [[rice]], 301 thousand tons of [[wheat]], in addition to smaller yields of other agricultural products, such as [[tangerine]], [[cassava]], [[Orange (fruit)|orange]], [[beans]], [[sunflower seed]], [[cotton]] etc.<ref>[http://www.fao.org/faostat/en/#data/QC/ Bolivia production in 2018, by FAO]</ref>
[[File:Ivirgarzama, Bolívia´s Puerto Villarroel county.jpg|thumb|Satellite view of coca leaf and tropical fruit plantations in the [[Ivirgarzama|Ivirgazama]] region of Bolivia. Several tropical areas in the country have experienced major [[deforestation]]. ]]
Agriculture and forestry is also the lifeline for multitudes of small villages which house a majority of the population. Small village economy stumbled and dwindled from the late twentieth century due to aggravating environmental problems including [[deforestation]] and consequent [[soil degradation]],<ref>{{Cite web|title=Environmental Problems|url=http://www.bolivia-guide.com/about-bolivia.php?id=64&tid=td2|access-date=14 September 2011|archive-url=https://web.archive.org/web/20120402113429/http://www.bolivia-guide.com/about-bolivia.php?id=64&tid=td2|archive-date=2 April 2012|url-status=dead}}</ref> water pollution, loss of biodiversity, and so on. Besides, political and social problems also greatly obstruct the growth of small village development: political turmoil, post-civil war predicament and burgeoning fiscal deficit have strangled most investment incentives;<ref>{{Cite web|title=Economic Overview of Bolivia|url=http://www.fedbrain.com/world-economy/bolivia/index.html|access-date=14 September 2011|archive-url=https://web.archive.org/web/20111019234739/http://www.fedbrain.com/world-economy/bolivia/index.html|archive-date=19 October 2011|url-status=dead}}</ref> corruption and manipulation of water supply by foreign companies have greatly undermined the availability and efficiency of local market, leaving little profits for village farmers and producers.<ref>{{cite news|title=Bleak Future for Bolivia's Economy|url=http://news.bbc.co.uk/2/hi/business/1400337.stm | publisher=BBC News | date=21 June 2001}}</ref> Furthermore, the global market poses a threat to the stability and sustainability of Bolivia's frail economy: "a drop in export prices, reduction of informal trade" and low-skilled over-homogenized local products have further worsened the bleak condition of Bolivia's microeconomic activities, making it almost impossible for village farms and factories to make a living from trading with the world.<ref>{{Cite web|title=Microfinance & Microeconomics Opportunities in Bolivia|url=http://www.fsdinternational.org/country/bolivia/mfopps|url-status=dead|archive-url=https://web.archive.org/web/20110929100709/http://www.fsdinternational.org/country/bolivia/mfopps|archive-date=29 September 2011}}</ref> Dwindling profits and surging cost of production have made small village economy in Bolivia extremely vulnerable and unstable; as a result, unemployment increases and small business is on the verge of bankruptcy, which in return made government intervention very inefficient and deferred many governmental initiatives and attempts to improve the condition.