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