Markets Actual Q2 Q3 Q4 Q1 2022
Currency 6.82 6.82 6.82 6.82 6.82 6.82

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) -6.20 0.5 0.7 1.1 1.1 1.1
GDP Annual Growth Rate (%) -21.68 7 5 5.5 2.7 4
Unemployment Rate (%) 3.60 3.9 3.9 3.9 3.8 3.7
Inflation Rate (%) 1.16 1.8 1.4 1.5 1.7 2.4
Interest Rate (%) 4.07 4 4 4.5 4.5 5
Balance of Trade (USD Million) 110.62 -270 -270 -220 -220 -180
Current Account (USD Million) 11.90 -470 -470 -600 -600 -640
Current Account to GDP (% of GDP) -0.50 -3.6 -3.6 -3.6 -4.1 -4.1
Government Debt to GDP (% of GDP) 67.30 70 70 70 70 69
Government Budget (% of GDP) -9.70 -9 -9 -9 -9 -8
Corporate Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) -6.20 0.5 0.7 1.1 1.1 1.1
GDP Annual Growth Rate (%) -21.68 7 5 5.5 2.7 4
GDP (USD Billion) 40.90 40.1 40.1 40.1 40.1 41
GDP Constant Prices (BOB THO) 9795505.00 10481190 10285280 10334258 10059984 10747628
Gross Fixed Capital Formation (BOB Thousand) 1791307.30 1916699 1880873 1889829 1839673 1965422
GDP per capita (USD) 2579.89 2500 2500 2500 2500 2550
GDP per capita PPP (USD) 8724.50 8280 8280 8280 8280 8500
GDP From Agriculture (BOB Thousand) 1970563.00 2108502 2069091 2078944 2023768 2162102
GDP From Construction (BOB Thousand) 111873.00 119704 117467 118026 114894 122747
GDP From Manufacturing (BOB Thousand) 1552848.00 1661547 1630490 1638255 1594775 1703785
GDP From Public Administration (BOB Thousand) 1205670.00 1290067 1265954 1271982 1238223 1322861
GDP From Services (BOB Thousand) 839700.00 898479 881685 885884 862372 921319
GDP From Transport (BOB Thousand) 1018817.00 1090134 1069758 1074852 1046325 1117846
GDP From Utilities (BOB Thousand) 231549.00 247757 243126 244284 237801 254056

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 3.60 3.9 3.9 3.9 3.8 3.7
Minimum Wages (BOB/Month) 2122.00 2400 2400 2500 2500 2500
Population (Million) 11.68 11.6 11.6 11.75 11.75 11.9
Labor Force Participation Rate (%) 73.70 74.6 74.6 73.9 73.9 73
Employed Persons (Number of persons) 5788074.00 5700000 5700000 5680000 5680000 5720000
Employment Rate (%) 70.60 68.9 68.9 69.9 69.9 70.1
Unemployed Persons (Number of persons) 255576.00 240000 240000 237000 237000 240000

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 1.16 1.8 1.4 1.5 1.7 2.4
Consumer Price Index CPI (points) 104.88 105 105 105 105 105
Import Prices (points) 137.17 131 131 132 132 135
Inflation Rate Mom (%) -0.12 0.2 0.1 0.4 0.4 0.4
Export Prices (points) 84.95 78.9 78.9 80 80 82
Food Inflation (%) 0.67 0.7 1 1.3 1.5 1.9
CPI Housing Utilities (points) 105.39 107 106 107 107 109
CPI Transportation (points) 105.08 108 109 108 107 110

Money Actual Q2 Q3 Q4 Q1 2022
Interest Rate (%) 4.07 4 4 4.5 4.5 5
Foreign Exchange Reserves (USD Million) 1903.18 7350 7350 7350 7350 7350
Deposit Interest Rate (%) 3.54 3.47 3.47 3.97 3.97 4.47

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (USD Million) 110.62 -270 -270 -220 -220 -180
Current Account (USD Million) 11.90 -470 -470 -600 -600 -640
Current Account to GDP (% of GDP) -0.50 -3.6 -3.6 -3.6 -4.1 -4.1
Imports (USD Million) 674.74 920 920 920 920 920
Exports (USD Million) 775.73 730 730 740 740 780
Capital Flows (USD Million) -438.80 -590 -590 -740 -740 -740
Remittances (USD Million) 353.00 360 360 350 350 360
Foreign Direct Investment (USD Million) 241.20 -157 -171 -177 -177 -176
External Debt (USD Million) 11321.40 14100 14100 14500 14500 14100

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (% of GDP) 67.30 70 70 70 70 69
Government Budget (% of GDP) -9.70 -9 -9 -9 -9 -8
Military Expenditure (USD Million) 598.00 630 630 630 610 610
Government Spending (BOB Thousand) 1366738.90 1462411 1435076 1441910 1403641 1499586

Taxes Actual Q2 Q3 Q4 Q1 2022
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 Q2 Q3 Q4 Q1 2022
Leading Economic Index (%) 5.76 1.5 1.8 3.5 3.5 3.1

Consumer Actual Q2 Q3 Q4 Q1 2022
Gasoline Prices (USD/Liter) 0.54 0.51 0.49 0.46 0.44 0.42
Consumer Spending (BOB Thousand) 7206841.70 7711321 7567184 7603218 7401426 7907347
Bank Lending Rate (%) 6.06 5.99 5.99 6.49 6.49 6.99


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.