Not necessarily.
Illiteracy rates:
2006 13.0%, 2018 2.4%
Unemployment rates
2006 9.2%, 2018 4.1%
Moderate poverty rates
2006 60.6%, 2018 34.6%
Extreme poverty rates
2006 38.2%, 2018 15.2%
#Bolivia
It's ok, though. Fascist death squads will soon be doing again what they always do in Latin America and making it free for the local oligarchs and US corporations to crush the poor and dine on their, erm, precious bodily fluids. And nick all the lithium, obviously.