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 -1.44 4 1.2 3.4 -6.7 2.3 percent
Unemployment Rate 3.10 3 3 3 3 2.8 percent
Inflation Rate 3.17 3.4 3.5 3.7 3.7 3.8 percent
Interest Rate 3.40 3.25 3.25 3.5 3.5 3.5 percent
Balance of Trade -4.00 -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 6.85
 6.89 6.93 6.97 7.01 7.17
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate -1.44
percent		 4 1.2 3.4 -6.7 2.3
GDP Annual Growth Rate 5.23
percent		 4.5 4.2 4.3 4.3 4.2
GDP 37.51
USD Billion		 38.4 38.82 39 39 41
GDP Constant Prices 12402633.00
BOB THO		 12279062 12923544 12935946 12935946 14004986
Gross Fixed Capital Formation 3754668.00
BOB Thousand		 2552239 3912364 3916119 3916119 4239751
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 1295719.00
BOB Thousand		 1322638 1350139 1351435 1351435 1463119
GDP From Construction 692054.00
BOB Thousand		 593539 721120 721812 721812 781464
GDP From Manufacturing 1990363.00
BOB Thousand		 2113925 2073958 2075949 2075949 2247507
GDP From Public Administration 1225804.00
BOB Thousand		 1253854 1277288 1278514 1278514 1384171
GDP From Services 856477.00
BOB Thousand		 960449 892449 893306 893306 967129
GDP From Transport 1377916.00
BOB Thousand		 1469315 1435788 1437166 1437166 1555935
GDP From Utilities 292699.00
BOB Thousand		 236892 304992 305285 305285 330514
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 3.17
percent		 3.4 3.5 3.7 3.7 3.8
Consumer Price Index CPI 101.45
Index Points		 102 102 102 102 105
Inflation Rate Mom 0.12
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 100.96
Index Points		 139 143 105 105 154
Food Inflation 4.80
percent		 5 4.7 4.7 4.8 5
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 3.40
percent		 3.25 3.25 3.5 3.5 3.5
Money Supply M1 62383697.00
Thousand BOB		 62707051 62719299 62718891 62721706 62721933
Money Supply M2 104254289.00
Thousand BOB		 102379619 103035326 102163974 102978239 102941151
Money Supply M3 183462052.00
Thousand BOB		 181810321 182477869 181485847 182338844 182273787
Foreign Exchange Reserves 7529.60
USD Million		 7381 7472 7128 7028 6554
Loans to Private Sector 136125.54
Million BOB		 147062 151101 155120 159118 198008
Deposit Interest Rate 2.47
percent		 2.32 2.32 2.57 2.57 2.57
Central Bank Balance Sheet 131899.96
BOB Million		 143290 144561 145363 145869 146728
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -4.00
USD Million		 -100 -40 -140 -140 -140
Exports 707.76
USD Million		 650 700 620 640 660
Imports 711.73
USD Million		 750 740 760 780 800
Current Account -715.50
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 1178.00
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		 58.48 58.5 58.5 58.5 58.5
Foreign Direct Investment -234.00
USD Million		 -204 -226 -229 -226 -249
External Debt 2136.57
BOB 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 1528768.00
BOB Thousand		 1490285 1592976 1594505 1594505 1726277
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 -1522757.00
BOB Thousand		 691000 -1524000 32829 22377 -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		 0.54 0.51 0.48 0.45 0.24
Bank Lending Rate 5.26
percent		 5.11 5.11 5.36 5.36 5.36
Consumer Spending 9491576.00
BOB Thousand		 8028647 9890222 9899714 9899714 10717836
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