Bank Lending Rate in Bolivia decreased to 5.83 percent in August from 6.06 percent in July of 2020.

Bank Lending Rate in Bolivia averaged 8.89 percent from 2001 until 2020, reaching an all time high of 23.85 percent in May of 2002 and a record low of 4.62 percent in February of 2011. This page provides the latest reported value for - Bolivia Bank Lending Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bolivia Bank Lending Rate - values, historical data and charts - was last updated on October of 2020.

Bank Lending Rate in Bolivia is expected to be 5.95 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Bolivia to stand at 5.59 in 12 months time. In the long-term, the Bolivia Bank Lending Rate is projected to trend around 5.95 percent in 2021 and 5.99 percent in 2022, according to our econometric models.

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Bolivia Bank Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.83 6.06 23.85 4.62 2001 - 2020 percent Monthly

Bolivia Consumer Last Previous Highest Lowest Unit
Gasoline Prices 0.54 0.54 0.80 0.38 USD/Liter [+]
Consumer Spending 7206841.70 8418919.00 10054800.00 2769704.00 BOB Thousand [+]
Bank Lending Rate 5.83 6.06 23.85 4.62 percent [+]

Bolivia Bank Lending Rate
In Bolivia, the bank lending rate is the average rate of interest charged on short term loans by commercial banks to companies in the local currency.