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 October of 2021.

Government Spending in Bolivia is expected to be 1476078.00 BOB Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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

Bolivia Last Unit Reference Previous Highest Lowest
Government Spending 1366738.90 BOB Thousand Jun/20 1291189.70 1637803.30 334126.00

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.