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 Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Growth Rate 8.91 1 5.4 -7 5.5 2.3 percent
Unemployment Rate 3.10 3 3 3 3 2.8 percent
Inflation Rate 0.92 3.5 3.7 3.7 3.8 3.8 percent
Interest Rate 2.88 3.25 3.5 3.5 3.5 3.5 percent
Balance of Trade 2.71 -40 -40 -20 0.94 0 USD Million
Government Debt to GDP 45.70 47 50 50 50 55 percent
MARKETS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 6.86
6.86 6.86 6.86 6.86 6.86
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Growth Rate 8.91
percent
1 5.4 -7 5.5 2.3
GDP Annual Growth Rate 4.43
percent
4.3 3.9 3.9 3.8 3.8
GDP 37.51
USD Billion
38.82 39 39 39 41
GDP Constant Prices 12136448.00
BOB THO
12935946 11352274 12609769 12597633 13951185
Gross Fixed Capital Formation 2337328.00
BOB Thousand
3916119 2303207 2428484 2426146 4223464
GDP per capita 2522.79
USD
2500 2680 2680 2680 2710
GDP per capita PPP 6885.83
USD
7005 7200 7200 7200 7400
GDP From Agriculture 1856829.00
BOB Thousand
1351435 1474423 1929245 1927389 1457498
GDP From Construction 389170.00
BOB Thousand
721812 276023 404348 403958 778462
GDP From Manufacturing 2004960.00
BOB Thousand
2075949 1749783 2083153 2081148 2238873
GDP From Public Administration 1144996.00
BOB Thousand
1278514 1171785 1189651 1188506 1378854
GDP From Services 1032488.00
BOB Thousand
893306 860352 1072755 1071723 963414
GDP From Transport 1304102.00
BOB Thousand
1437166 1245040 1354962 1353658 1549958
GDP From Utilities 258718.00
BOB Thousand
305285 221329 268808 268549 329244
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 3.10
percent
3 3 3 3 2.8
Minimum Wages 2060.00
BOB/Month
2000 2200 2122 2121 2300
Population 11.15
Million
11.27 11.4 11.4 11.4 11.8
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 0.92
percent
3.5 3.7 3.7 3.8 3.8
Consumer Price Index CPI 101.76
Index Points
102 102 102 102 105
Inflation Rate Mom -0.09
percent
0.2 0.3 0.3 0.33 0.5
CPI Housing Utilities 104.87
Index Points
166 109 109 109 178
CPI Transportation 101.31
Index Points
143 105 105 105 154
Food Inflation -1.20
percent
1.3 1.5 1.7 1.3 1.4
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 2.88
percent
3.25 3.5 3.5 3.5 3.5
Money Supply M1 64412635.00
Thousand BOB
64018540 64059727 64068179 64071465 64072595
Money Supply M2 109025863.00
Thousand BOB
108994374 109010302 109015397 109016479 109016663
Money Supply M3 191326596.00
Thousand BOB
196501185 200481326 204435618 208363803 242571272
Foreign Exchange Reserves 6552.81
USD Million
7472 5756 5379 5054 3521
Loans to Private Sector 144472.95
Million BOB
151335 155433 159511 163570 199253
Deposit Interest Rate 2.47
percent
2.84 3.09 3.09 3.09 3.09
Central Bank Balance Sheet 128505.48
BOB Million
129114 129375 129617 129840 131196
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade 2.71
USD Million
-40 -40 -20 0.94 0
Exports 793.11
USD Million
700 720 760 815 800
Imports 834.75
USD Million
740 760 780 814 800
Current Account -255.30
USD Million
-500 -480 -250 -300 -550
Current Account to GDP -6.30
percent
-6.1 -5.9 -5.9 -5.9 -6
Capital Flows -597.70
USD Million
-800 -660 -590 -665 -635
Remittances 290.98
USD Million
1300 1450 1450 1450 1480
Gold Reserves 42.50
Tonnes
42.49 42.49 42.49 42.49 42.49
Terrorism Index 0.02
0 0 0 0 0.1
Crude Oil Production 57.00
BBL/D/1K
57.35 57.38 57.39 57.39 57.39
Foreign Direct Investment -179.40
USD Million
-221 -100 -157 -171 -177
External Debt 9557.30
USD Million
2600 2800 2800 2700 2750
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 45.70
percent
47 50 50 50 55
Government Budget -5.88
percent of GDP
-5.7 -4 -4 -4 -3.5
Military Expenditure 638.47
USD Million
635 650 650 650 630
Government Budget Value 1672.29
Million BOB
-1279 -1409 -1446 -1464 -1462
Government Revenues 12045.55
Million BOB
9894 9658 9564 9595 9613
Government Spending 1385024.00
BOB Thousand
1594505 1240896 1439040 1437655 1719645
Fiscal Expenditure 10373.26
Million BOB
10480 10463 10469 10467 10467
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Manufacturing Production 6.86
percent
5.19 5.01 4.83 4.65 3.56
Internet Speed 2689.30
KBps
2934 2887 3019 3045 3137
IP Addresses 220795.00
IP
222321 222052 222307 222135 222204
Ease of Doing Business 156.00
154 156 156 156 155
Corruption Index 33.00
Points
33 33 33 33 33
Corruption Rank 112.00
112 112 112 112 112
Changes In Inventories 502280.00
BOB Thousand
-1524000 -1096 24532 15805 -1461000
Competitiveness Index 51.40
Points
51.9 51.9 51.9 51.9 54.4
Competitiveness Rank 105.00
105 105 105 105 105
Capacity Utilization 71.00
percent
69.68 69.44 69.2 68.96 68.93
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Gasoline Prices 0.54
USD/Liter
0.53 0.52 0.51 0.5 0.46
Bank Lending Rate 5.57
percent
5.94 6.19 6.19 6.19 6.19
Consumer Spending 7963046.00
BOB Thousand
9899714 8136777 8273605 8265642 10676663
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Corporate Tax Rate 25.00
percent
25 25 25 25 25
Sales Tax Rate 13.00
percent
13 13 13 13 13
Personal Income Tax Rate 13.00
percent
13 13 13 13 13
Social Security Rate 38.92
percent
38.92 38.92 38.92 38.92 38.92
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
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Temperature 18.50
celsius
22.52 22.24 21.4 21.39 21.38



Bolivia - Economic Forecasts - 2018-2020 Outlook