Bolivia - Economic Forecasts - 2018-2020 Outlook

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.


Overview Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate 8.91 4 1.2 3.4 -6.7 2.3 percent
Unemployment Rate 3.10 3 3 3 3 2.8 percent
Inflation Rate 2.44 3.4 3.5 3.7 3.7 3.8 percent
Interest Rate 3.19 3.25 3.25 3.5 3.5 3.5 percent
Balance of Trade -59.84 -100 -40 -140 -140 -140 USD Million
Government Debt to GDP 45.70 47 47 50 50 55 percent
MARKETS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 6.84
6.86 6.87 6.88 6.9 6.94
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate 8.91
percent
4 1.2 3.4 -6.7 2.3
GDP Annual Growth Rate 4.44
percent
4 4.3 3.9 3.9 3.8
GDP 37.51
USD Billion
38.4 38.82 39 39 41
GDP Constant Prices 10926154.00
BOB THO
12220311 12935946 11352274 11352274 13951185
Gross Fixed Capital Formation 2216754.00
BOB Thousand
2540027 3916119 2303207 2303207 4223464
GDP per capita 2522.79
USD
2500 2500 2680 2680 2710
GDP per capita PPP 6885.83
USD
7005 7005 7200 7200 7400
GDP From Agriculture 1419079.00
BOB Thousand
1316309 1351435 1474423 1474423 1457498
GDP From Construction 265662.00
BOB Thousand
590699 721812 276023 276023 778462
GDP From Manufacturing 1684103.00
BOB Thousand
2103811 2075949 1749783 1749783 2238873
GDP From Public Administration 1127801.00
BOB Thousand
1247854 1278514 1171785 1171785 1378854
GDP From Services 828058.00
BOB Thousand
955854 893306 860352 860352 963414
GDP From Transport 1198306.00
BOB Thousand
1462285 1437166 1245040 1245040 1549958
GDP From Utilities 213021.00
BOB Thousand
235759 305285 221329 221329 329244
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 3.10
percent
3 3 3 3 2.8
Minimum Wages 2060.00
BOB/Month
2000 2000 2200 2122 2300
Population 11.15
Million
11.27 11.27 11.4 11.4 11.8
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 2.44
percent
3.4 3.5 3.7 3.7 3.8
Consumer Price Index CPI 101.67
Index Points
102 102 102 102 105
Inflation Rate Mom 0.04
percent
0.2 0.2 0.3 0.3 0.5
CPI Housing Utilities 104.88
Index Points
163 166 109 109 178
CPI Transportation 101.38
Index Points
139 143 105 105 154
Food Inflation 3.30
percent
5 4.7 4.7 4.8 5
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 3.19
percent
3.25 3.25 3.5 3.5 3.5
Money Supply M1 65667552.00
Thousand BOB
65983288 65652010 65665269 65680923 65680893
Money Supply M2 108945049.00
Thousand BOB
109310733 109302029 109299603 109299840 109300006
Money Supply M3 189500504.00
Thousand BOB
193353648 197451193 201529914 205582743 244713736
Foreign Exchange Reserves 7300.68
USD Million
7149 7472 6706 6536 5735
Loans to Private Sector 143150.63
Million BOB
147246 151373 155478 159564 199380
Deposit Interest Rate 2.47
percent
2.53 2.53 2.78 2.78 2.78
Central Bank Balance Sheet 128505.48
BOB Million
128849 129114 129375 129617 131196
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -59.84
USD Million
-100 -40 -140 -140 -140
Exports 737.30
USD Million
650 700 620 640 660
Imports 797.13
USD Million
750 740 760 780 800
Current Account -434.50
USD Million
-800 -750 -600 -500 -600
Current Account to GDP -6.30
percent
-6.1 -6.1 -5.9 -5.9 -6
Capital Flows -657.80
USD Million
-593 -593 -593 -593 -593
Remittances 290.98
USD Million
1300 1300 1450 1450 1480
Gold Reserves 42.50
Tonnes
42.5 42.49 42.49 42.49 42.49
Terrorism Index 0.02
0 0 0 0 0.1
Crude Oil Production 58.00
BBL/D/1K
58.24 58.27 58.27 58.27 58.28
Foreign Direct Investment -199.10
USD Million
-199 -221 -221 -217 -240
External Debt 9557.30
USD Million
2500 2600 2800 2800 2750
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 45.70
percent
47 47 50 50 55
Government Budget -5.88
percent of GDP
-5.7 -5.7 -4 -4 -3.5
Government Spending 1194318.00
BOB Thousand
1483154 1594505 1240896 1240896 1719645
Military Expenditure 638.47
USD Million
635 635 650 650 630
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Manufacturing Production 6.86
percent
4.99 5.19 5.01 4.83 3.56
Internet Speed 2689.30
KBps
2979 2934 2887 3019 3137
IP Addresses 220795.00
IP
222073 222321 222052 222307 222204
Ease of Doing Business 152.00
154 154 156 156 155
Corruption Index 33.00
Points
33 33 33 33 33
Corruption Rank 112.00
114 114 113 113 110
Changes In Inventories 819890.00
BOB Thousand
691000 -1524000 29839 11430 -1461000
Competitiveness Index 3.54
Points
3.4 3.4 3.3 3.3 3.3
Competitiveness Rank 121.00
122 122 124 124 120
Capacity Utilization 71.00
percent
70.34 69.68 69.44 69.2 68.93
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Gasoline Prices 0.54
USD/Liter
0.55 0.52 0.49 0.46 0.36
Bank Lending Rate 5.60
percent
5.66 5.66 5.91 5.91 5.91
Consumer Spending 7831354.00
BOB Thousand
7990233 9899714 8136777 8136777 10676663
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Corporate Tax Rate 25.00
percent
25 25 25 25 25
Sales Tax Rate 13.00
percent
13 13 13 13 13
Social Security Rate 38.92
percent
38.92 38.92 38.92 38.92 39
Social Security Rate For Companies 16.71
percent
16.71 16.71 16.71 16.71 16.71
Social Security Rate For Employees 22.21
percent
22.21 22.21 22.21 22.21 22.21
Personal Income Tax Rate 13.00
percent
13 13 13 13 13
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 18.50
celsius
19.6 22.52 22.24 21.4 21.38