Bolivia is perhaps the most unfortunate country in South America. After it became independent in 1809, neighboring countries took over half of its territory. Present day Bolivia is struggling with high poverty rates and is considered one of the poorest countries in South America. Besides these struggles, Bolivia has now one of the fastest economic growth rates in the region and economic inequality is getting less. This is partly thanks to the first indigenous president Evo Morales. Politics aside, this country has one of the most iconic landscapes you can find in South America. And being one of the cheapest countries to visit as well, it is great for travelling on a budget.