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About the Flag
"The national flag of Bolivia is described as a tricolor rectangle, with the colors red, yellow and green, in a ratio of 1:1:1, meaning three horizontal bands, with the red on the superior part occupying a third of the flag's width, yellow in the middle band using the same width, and green in the inferior part, using the last third.
The dimensions of the flag had not been defined since its adoption in 1851. Supreme Decree No. 27630 of 2004 finally established that the size of the national flag be of 7.5 squares width by 11 squares long, giving a ratio of 15:22.
The first description of Bolivia's national flag, together with the significance of these, were first established by the Supreme Decree of 1888 during the government of President Gregorio Pacheco, which specifies that:
Red: "represents the blood shed by our heroes for the birth and preservation of the Republic"
Yellow: "represents our wealth and resources."
Green: "represents the richness of our natural areas as well as hope, a foundational value of our society"" (source: wikipedia)
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