LA PAZ, May 9 (Reuters) - Bolivia's economy grew 3.5% year-on-year in 2022, compared with a growth rate of 6.1% in the previous year, the country's President, Luis Arce, said on Tuesday in a television statement.

The country's gross domestic product totaled $44.315 billion, the highest in the history of the Andean nation, Arce said during a broadcast message to the nation marking two and a half years of his term.

Bolivia's GDP growth in 2023 is currently forecast at 4.86%, the president added.

Arce added that his administration is investing over $3.6 billion across Bolivia's industry and economy, aimed at boosting and benefiting producers, artisans, and businesses of different sizes.

He also said it has been carrying out the implementation of more than 130 industrial plants around the country. (Reporting by Daniel Ramos; Writing by Carolina Pulice and Valentine Hilaire; Editing by Isabel Woodford and Muralikumar Anantharaman)