Bolivia recorded a Government Budget deficit equal to 9.50 percent of the country's Gross Domestic Product in 2021. source: Inter-American Development Bank

Government Budget in Bolivia averaged -1.85 percent of GDP from 1990 until 2021, reaching an all time high of 6.27 percent of GDP in 2006 and a record low of -12.60 percent of GDP in 2020. 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 March of 2023.

Government Budget in Bolivia is expected to reach -7.50 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bolivia Government Budget is projected to trend around -7.00 percent of GDP in 2023 and -6.50 percent of GDP in 2024, according to our econometric models.

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Bolivia Government Budget



Related Last Previous Unit Reference
Government Budget -9.50 -12.60 percent of GDP Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
-9.50 -12.60 6.27 -12.60 1990 - 2021 percent of GDP Yearly