Government Spending in Bolivia increased to 1366738.90 BOB Thousand in the second quarter of 2020 from 1291189.70 BOB Thousand in the first quarter of 2020. source: Instituto Nacional de Estadística de Bolivia

Government Spending in Bolivia averaged 831664.48 BOB Thousand from 1990 until 2020, reaching an all time high of 1637803.30 BOB Thousand in the fourth quarter of 2019 and a record low of 334126 BOB Thousand in the first quarter of 1991. This page provides - Bolivia Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Bolivia Government Spending - values, historical data and charts - was last updated on August of 2021.

Government Spending in Bolivia is expected to be 1462411.00 BOB Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Bolivia to stand at 1403641.00 in 12 months time. In the long-term, the Bolivia Government Spending is projected to trend around 1499586.00 BOB Thousand in 2022 and 1544573.00 BOB Thousand in 2023, according to our econometric models.

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Bolivia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
1366738.90 1291189.70 1637803.30 334126.00 1990 - 2020 BOB Thousand Quarterly
1990=100, NSA

Bolivia Government Last Previous Highest Lowest Unit
Government Debt to GDP 67.30 56.50 89.80 35.30 percent of GDP [+]
Government Budget -9.70 -7.20 6.27 -9.70 percent of GDP [+]
Military Expenditure 598.00 598.00 722.00 27.90 USD Million [+]
Government Budget Value -12416.07 -3262.78 3902.73 -15404.27 Million BOB [+]
Government Revenues 9006.43 8440.68 13843.48 1159.21 Million BOB [+]
Government Spending 1366738.90 1291189.70 1637803.30 334126.00 BOB Thousand [+]
Fiscal Expenditure 14673.99 8473.91 19623.90 1134.84 Million BOB [+]
Credit Rating 31.00 [+]


Bolivia Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.