Government Spending in Bolivia increased to 1607705 BOB Thousand in the fourth quarter of 2018 from 1493100 BOB Thousand in the third quarter of 2018. Government Spending in Bolivia averaged 800310.83 BOB Thousand from 1990 until 2018, reaching an all time high of 1607705 BOB Thousand in the fourth quarter of 2018 and a record low of 334126 BOB Thousand in the first quarter of 1991.

Government Spending in Bolivia is expected to be 1439039.94 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 1545358.50 in 12 months time. In the long-term, the Bolivia Government Spending is projected to trend around 1671472.17 BOB Thousand in 2020, according to our econometric models.

Bolivia Government Spending
Forecast Data Chart
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Bolivia Government Last Previous Highest Lowest Unit
Government Debt to GDP 33.30 45.70 78.50 32.20 percent [+]
Government Budget -8.30 -7.40 6.27 -8.30 percent of GDP [+]
Government Budget Value -11020.24 154.17 3902.73 -15404.27 Million BOB [+]
Government Revenues 10116.17 9692.43 13843.48 1159.21 Million BOB [+]
Government Spending 1607705.00 1493100.00 1607705.00 334126.00 BOB Thousand [+]
Credit Rating 37.50 [+]
Military Expenditure 598.00 574.00 750.00 45.40 USD Million [+]
Fiscal Expenditure 21136.42 9538.26 25866.75 1267.81 Million BOB [+]

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. This page provides - Bolivia Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Bolivia Government Spending - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1607705.00 1493100.00 1607705.00 334126.00 1990 - 2018 BOB Thousand Quarterly
1990=100, NSA

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