Bolivia | Economic Forecasts | 2017-2020 Outlook

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.


Overview Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 5.95 1.3 2.2 1.8 2 2.3 percent [+]
Unemployment Rate 7.40 7.4 7.3 7.3 7.7 8.5 percent [+]
Inflation Rate 2.51 3.7 3.8 3.9 3.6 4.5 percent [+]
Interest Rate 2.30 2.5 2.5 2.7 2.7 3 percent [+]
Balance of Trade -144.31 -151 -149 -151 -152 -152 USD Million [+]
Government Debt to GDP 39.70 37.86 40.08 42.31 42.26 39.22 percent [+]
MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 6.90 6.95 7.02 7.22 7.16 8.26 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 5.95 1.3 2.2 1.8 2 2.3 percent [+]
GDP Annual Growth Rate 4.98 4.5 4.6 4.4 4.5 4.5 percent [+]
GDP 33.00 34.66 33.98 33.73 33.82 33.92 USD Billion [+]
GDP Constant Prices 11194771.00 11920868 11196785 11919863 11197787 11913897 BOB THO [+]
Gross Fixed Capital Formation 2042056.00 2618392 2046215 2616327 2048273 2604247 BOB Thousand [+]
GDP per capita 2392.77 2420 2456 2420 2493 2600 USD [+]
GDP per capita PPP 6531.07 6774 6774 6774 6780 7100 USD [+]
GDP From Agriculture 1167776.00 1245966 1245691 1245731 1245725 1245726 BOB Thousand [+]
GDP From Construction 520086.00 409692 409849 409832 409834 409834 BOB Thousand [+]
GDP From Manufacturing 1947873.00 1817674 1817693 1817692 1817692 1817692 BOB Thousand [+]
GDP From Public Administration 1089639.00 1052617 1052819 1052785 1052791 1052790 BOB Thousand [+]
GDP From Services 876713.00 843400 843455 843448 843449 843449 BOB Thousand [+]
GDP From Transport 1339337.00 1239034 1238482 1238378 1238358 1238354 BOB Thousand [+]
GDP From Utilities 219791.00 230171 225434 228814 226403 227431 BOB Thousand [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 7.40 7.4 7.3 7.3 7.7 8.5 percent [+]
Minimum Wages 1805.00 1880 1895 1909 1926 2001 BOB/Month [+]
Population 10.99 11.06 11.1 11.14 11.18 11.61 Million [+]
Employment Rate 52.82 51.64 51.58 51.52 51.47 50.82 percent [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 2.51 3.7 3.8 3.9 3.6 4.5 percent [+]
Consumer Price Index CPI 167.97 170 172 174 174 179 Index Points [+]
Import Prices 130.13 130 130 130 130 130 Index Points [+]
Cpi Housing Utilities 153.37 155 157 158 160 175 Index Points [+]
Inflation Rate Mom -0.41 0.4 -0.07 0.4 0 0.5 percent [+]
Export Prices 196.30 198 198 198 198 198 Index Points [+]
Cpi Transportation 134.18 135 136 137 138 148 Index Points [+]
Food Inflation 3.03 1.92 2.24 2.31 2.28 2.28 percent [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 2.30 2.5 2.5 2.7 2.7 3 percent [+]
Money Supply M1 60953657.00 61049906 61059332 61068561 61071097 61071619 Thousand BOB [+]
Money Supply M2 99318085.00 100772148 99570210 100694598 99565397 100648817 Thousand BOB [+]
Money Supply M3 164566434.00 171933247 175922347 179883733 183815722 225192654 Thousand BOB [+]
Foreign Exchange Reserves 7929.93 6823 6244 5716 5233 1974 USD Million [+]
Loans to Private Sector 115894.91 124210 128353 132478 136585 180593 Million BOB [+]
Deposit Interest Rate 1.40 2.04 1.57 1.1 1.24 2.03 percent [+]
Central Bank Balance Sheet 122263.97 123967 125546 126421 127130 128231 BOB Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -144.31 -151 -149 -151 -152 -152 USD Million [+]
Exports 530.08 534 541 541 541 540 USD Million [+]
Imports 674.39 713 735 741 734 734 USD Million [+]
Current Account -513.00 -474 -474 -486 -489 -484 USD Million [+]
Current Account to GDP -6.50 -4.31 -4 -3.69 -3.61 -3.59 percent [+]
Capital Flows 6.20 -73.7 -82.42 -69.19 -64.93 -66.99 USD Million [+]
Remittances 1178.00 1146 1146 1146 1135 1070 USD Million [+]
Gold Reserves 42.51 42.51 42.51 42.51 42.51 42.51 Tonnes [+]
Terms Of Trade 150.85 149 149 149 149 149 Index Points [+]
Terrorism Index 0.04 0.3 0.31 0.32 0.4 1.22 [+]
Crude Oil Production 57.00 57.1 57.1 57.1 57.1 57.1 BBL/D/1K [+]
Foreign Direct Investment 72.80 15.69 -40.43 0.67 8.38 -4.49 USD Million [+]
External Debt 134.03 363 361 361 361 361 BOB Million [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 39.70 37.86 40.08 42.31 42.26 39.22 percent [+]
Government Budget -2.54 -1.13 -2.05 -2.97 -2.99 0.78 percent of GDP [+]
Military Expenditure 513.00 550 524 498 505 533 USD Million [+]
Government Spending 1315576.00 1261184 1262267 1261994 1262063 1262049 BOB Thousand [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Manufacturing Production 5.20 3.79 3.93 4.08 3.94 3.16 percent [+]
Leading Economic Index 3.14 4.78 4.88 4.92 4.95 4.96 percent [+]
Ease of Doing Business 149.00 152 153 153 153 155 [+]
Corruption Index 33.00 34 34 33 33 34 Points [+]
Corruption Rank 113.00 111 113 115 118 129 [+]
Changes In Inventories 374351.00 2516 18713 13465 15166 14749 BOB Thousand [+]
Competitiveness Index 3.54 3.57 3.57 3.57 3.52 3.53 Points [+]
Competitiveness Rank 121.00 118 118 118 123 123 [+]
Capacity Utilization 71.00 70.71 71.2 71.69 71.59 63.81 percent [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Gasoline Prices 0.54 0.53 0.53 0.53 0.53 0.52 USD/Liter [+]
Bank Lending Rate 5.25 5.4 5.45 5.47 5.47 5.47 percent [+]
Consumer Spending 7454107.00 7499194 7496232 7497326 7496922 7497031 BOB Thousand [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 25.00 25 25 25 25 25 percent [+]
Sales Tax Rate 13.00 13 13 13 13 13 percent [+]
Personal Income Tax Rate 13.00 13 13 13 13 13 percent [+]
Social Security Rate 38.92 38.92 38.92 38.92 38.92 38.92 percent [+]
Social Security Rate For Companies 16.71 16.71 16.71 16.71 16.71 16.71 percent [+]
Social Security Rate For Employees 22.10 22.15 22.12 22.1 22.1 22.1 percent [+]