Markets Actual Q4 Q1 Q2 Q3 2021
Currency 6.83 6.82 6.82 6.82 6.82 6.82

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -6.20 2.5 1.3 0.5 0.7 1.1
GDP Annual Growth Rate (%) -21.68 -6 2 7 5 2.5
Unemployment Rate (%) 3.60 4.5 3.9 3.9 3.9 3.9
Inflation Rate (%) 0.46 1.3 1.2 1.3 1.4 1.5
Interest Rate (%) 3.47 3.1 2.9 3 3 3.2
Balance of Trade (USD Million) 7.62 -270 -270 -190 -190 -180
Current Account (USD Million) -311.40 -560 -470 -470 -470 -600
Current Account to GDP (%) -3.40 -5 -4.9 -4.9 -4.9 -4.9
Government Debt to GDP (%) 57.70 69 70 70 70 60
Government Budget (% of GDP) -7.20 -10 -9 -9 -9 -9
Corporate Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -6.20 2.5 1.3 0.5 0.7 1.1
GDP Annual Growth Rate (%) -21.68 -6 2 7 5 2.5
GDP (USD Billion) 40.90 38.5 40.1 40.1 40.1 40.1
GDP Constant Prices (BOB THO) 9795505.00 13089019 12167365 11607169 12176147 13586402
Gross Fixed Capital Formation (BOB Thousand) 1791307.30 2551427 3390267 1891950 1984693 2648382
GDP per capita (USD) 2579.89 2410 2500 2500 2500 2500
GDP per capita PPP (USD) 8724.50 7900 8280 8280 8280 8280
GDP From Agriculture (BOB Thousand) 1970563.00 1441019 1334568 1583287 1660899 1495778
GDP From Construction (BOB Thousand) 111873.00 616729 672231 225199 236238 640165
GDP From Manufacturing (BOB Thousand) 1552848.00 2272864 2021667 1818621 1907769 2359233
GDP From Public Administration (BOB Thousand) 1205670.00 1354223 1272480 1297315 1360908 1405683
GDP From Services (BOB Thousand) 839700.00 1033803 847290 918991 964040 1073087
GDP From Transport (BOB Thousand) 1018817.00 1573210 1317590 1278641 1341320 1632992
GDP From Utilities (BOB Thousand) 231549.00 251614 288063 234959 246477 261176

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 3.60 4.5 3.9 3.9 3.9 3.9
Minimum Wages (BOB/Month) 2122.00 2400 2400 2400 2400 2500
Population (Million) 11.47 11.6 11.6 11.6 11.6 11.75
Labor Force Participation Rate (%) 73.70 75 74.8 74.6 74.6 73.9
Employed Persons (Number of persons) 5744465.00 5600000 5650000 5700000 5700000 5680000
Employment Rate (%) 70.60 69.3 68.7 68.9 68.9 69.9
Unemployed Persons (Number of persons) 255576.00 250000 245000 240000 240000 237000

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) 0.46 1.3 1.2 1.3 1.4 1.5
Consumer Price Index CPI (points) 104.63 105 105 105 105 105
Inflation Rate Mom (%) -1.00 0.2 0.3 0.2 0.1 0.4
Food Inflation (%) -3.62 0.1 0.4 0.7 1 1.3
CPI Housing Utilities (points) 105.03 114 107 106 107 119
CPI Transportation (points) 107.30 112 106 105 107 116

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 3.47 3.1 2.9 3 3 3.2
Foreign Exchange Reserves (USD Million) 2724.07 7350 7350 7350 7350 7350
Deposit Interest Rate (%) 3.18 2.83 2.94 2.74 2.84 2.83

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (USD Million) 7.62 -270 -270 -190 -190 -180
Current Account (USD Million) -311.40 -560 -470 -470 -470 -600
Current Account to GDP (%) -3.40 -5 -4.9 -4.9 -4.9 -4.9
Imports (USD Million) 688.36 920 920 920 920 920
Exports (USD Million) 644.32 650 650 730 730 740
Capital Flows (USD Million) -210.80 -825 -590 -590 -590 -740
Remittances (USD Million) 285.00 320 330 360 360 350
Foreign Direct Investment (USD Million) 123.20 -157 -171 -177 -177 -176
External Debt (USD Million) 11321.40 13800 14000 14100 14100 14500

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 57.70 69 70 70 70 60
Government Budget (% of GDP) -7.20 -10 -9 -9 -9 -9
Military Expenditure (USD Million) 598.00 630 630 630 630 610
Government Spending (BOB Thousand) 1366738.90 1610281 1539535 1317014 1381573 1671472

Taxes Actual Q4 Q1 Q2 Q3 2021
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 Q4 Q1 Q2 Q3 2021
Leading Economic Index (%) -6.75 -2 0.5 1.5 1.8 3.5

Consumer Actual Q4 Q1 Q2 Q3 2021
Gasoline Prices (USD/Liter) 0.54 0.48 0.49 0.46 0.44 0.46
Consumer Spending (BOB Thousand) 7206841.70 8617113 9451512 8587297 9008243 8944564
Bank Lending Rate (%) 5.83 5.95 5.69 5.49 5.59 5.95


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.