Markets Actual Q1 Q2 Q3 Q4 2022
Currency 6.83 6.83 6.83 6.83 6.83 6.83

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Growth Rate (%) -6.20 1.3 0.5 0.7 1.1 1.1
GDP Annual Growth Rate (%) -21.68 2 7 5 2.5 2.3
Unemployment Rate (%) 3.60 3.9 3.9 3.9 3.9 3.9
Inflation Rate (%) 0.70 0.4 0.8 1.4 1.5 3
Interest Rate (%) 3.82 3.3 3 3 3.2 3.4
Balance of Trade (USD Million) 7.62 -270 -270 -190 -220 -180
Current Account (USD Million) -311.40 -470 -470 -470 -600 -640
Current Account to GDP (%) -3.40 -4.9 -4.9 -4.9 -4.9 -5.1
Government Debt to GDP (%) 57.70 70 70 70 70 69
Government Budget (% of GDP) -7.20 -9 -9 -9 -9 -8
Corporate Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q1 Q2 Q3 Q4 2022
GDP Growth Rate (%) -6.20 1.3 0.5 0.7 1.1 1.1
GDP Annual Growth Rate (%) -21.68 2 7 5 2.5 2.3
GDP (USD Billion) 40.90 40.1 40.1 40.1 40.1 41
GDP Constant Prices (BOB THO) 9795505.00 11607169 10481190 10285280 13586402 10271322
Gross Fixed Capital Formation (BOB Thousand) 1791307.30 1891950 1916699 1880873 2648382 1878320
GDP per capita (USD) 2579.89 2500 2500 2500 2500 2550
GDP per capita PPP (USD) 8724.50 8280 8280 8280 8280 8500
GDP From Agriculture (BOB Thousand) 1970563.00 1583287 2108502 2069091 1495778 2066283
GDP From Construction (BOB Thousand) 111873.00 225199 119704 117467 640165 117307
GDP From Manufacturing (BOB Thousand) 1552848.00 1818621 1661547 1630490 2359233 1628278
GDP From Public Administration (BOB Thousand) 1205670.00 1297315 1290067 1265954 1405683 1264235
GDP From Services (BOB Thousand) 839700.00 918991 898479 881685 1073087 880488
GDP From Transport (BOB Thousand) 1018817.00 1278641 1090134 1069758 1632992 1068306
GDP From Utilities (BOB Thousand) 231549.00 234959 247757 243126 261176 242796

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 3.60 3.9 3.9 3.9 3.9 3.9
Minimum Wages (BOB/Month) 2122.00 2400 2400 2400 2500 2500
Population (Million) 11.47 11.6 11.6 11.6 11.75 11.9
Labor Force Participation Rate (%) 73.70 74.8 74.6 74.6 73.9 73
Employed Persons (Number of persons) 5744465.00 5650000 5700000 5700000 5680000 5720000
Employment Rate (%) 70.60 68.7 68.9 68.9 69.9 70.1
Unemployed Persons (Number of persons) 255576.00 245000 240000 240000 237000 240000

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) 0.70 0.4 0.8 1.4 1.5 3
Consumer Price Index CPI (points) 105.07 105 105 105 105 105
Inflation Rate Mom (%) 0.20 0.3 0.2 0.1 0.4 0.4
Food Inflation (%) -0.78 0.4 0.7 1 1.3 1.9
CPI Housing Utilities (points) 105.35 104 105 106 119 106
CPI Transportation (points) 105.72 103 104 107 116 105

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 3.82 3.3 3 3 3.2 3.4
Foreign Exchange Reserves (USD Million) 2144.20 7350 7350 7350 7350 7350
Deposit Interest Rate (%) 3.18 2.96 2.66 2.36 2.83 2.56

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (USD Million) 7.62 -270 -270 -190 -220 -180
Current Account (USD Million) -311.40 -470 -470 -470 -600 -640
Current Account to GDP (%) -3.40 -4.9 -4.9 -4.9 -4.9 -5.1
Imports (USD Million) 819.96 920 920 920 920 920
Exports (USD Million) 772.52 650 730 730 740 780
Capital Flows (USD Million) -210.80 -590 -590 -590 -740 -740
Remittances (USD Million) 285.00 330 360 360 350 360
Foreign Direct Investment (USD Million) 123.20 -157 -171 -177 -177 -176
External Debt (USD Million) 11321.40 14000 14100 14100 14500 14100

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 57.70 70 70 70 70 69
Government Budget (% of GDP) -7.20 -9 -9 -9 -9 -8
Military Expenditure (USD Million) 598.00 630 630 630 610 610
Government Spending (BOB Thousand) 1366738.90 1317013 1462411 1435076 1671472 1433128

Taxes Actual Q1 Q2 Q3 Q4 2022
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 13.00 13 13 13 13 13
Personal Income Tax Rate (%) 13.00 13 13 13 13 13
Social Security Rate (%) 38.92 38.92 38.92 38.92 38.92 38.92
Social Security Rate For Companies (%) 16.71 16.71 16.71 16.71 16.71 16.71
Social Security Rate For Employees (%) 22.21 22.21 22.21 22.21 22.21 22.21

Business Actual Q1 Q2 Q3 Q4 2022
Leading Economic Index (%) -6.75 0.5 1.5 1.8 3.5 3.1

Consumer Actual Q1 Q2 Q3 Q4 2022
Gasoline Prices (USD/Liter) 0.54 0.51 0.49 0.46 0.44 0.42
Consumer Spending (BOB Thousand) 7206841.70 8587297 7711321 7567184 8944564 7556914
Bank Lending Rate (%) 5.83 5.61 5.31 5.01 5.95 5.21


This page has economic forecasts for Bolivia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Bolivia economy.