Bolivia recorded a Government Budget deficit equal to 7.20 percent of the country's Gross Domestic Product in 2019. source: Inter-American Development Bank

Government Budget in Bolivia averaged -1.23 percent of GDP from 1990 until 2019, reaching an all time high of 6.27 percent of GDP in 2006 and a record low of -8.30 percent of GDP in 2018. This page provides - Bolivia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bolivia Government Budget - values, historical data and charts - was last updated on April of 2021.

Government Budget in Bolivia is expected to reach -10.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bolivia Government Budget is projected to trend around -9.00 percent of GDP in 2021 and -8.00 percent of GDP in 2022, according to our econometric models.

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Bolivia Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-7.20 -8.30 6.27 -8.30 1990 - 2019 percent of GDP Yearly

Bolivia Government Last Previous Highest Lowest Unit
Government Debt to GDP 57.70 53.80 89.80 35.30 percent [+]
Government Budget -7.20 -8.30 6.27 -8.30 percent of GDP [+]
Military Expenditure 588.00 619.00 709.00 27.40 USD Million [+]
Credit Rating 31.00 [+]
Government Budget Value -2560.47 -636.20 3902.73 -15404.27 Million BOB [+]
Government Revenues 6998.89 7816.11 13843.48 1159.21 Million BOB [+]
Government Spending 1366738.90 1291189.70 1637803.30 334126.00 BOB Thousand [+]
Fiscal Expenditure 8212.90 6435.40 19623.90 1134.84 Million BOB [+]

Bolivia Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.