Markets Actual Q3 Q4 Q1 Q2 2021
Currency 6.83 6.83 6.83 6.83 6.83 6.83

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) 6.10 -7 -3 0.7 0.5 1.1
GDP Annual Growth Rate (%) 0.56 -6 -2.5 0.6 1 1.5
Unemployment Rate (%) 3.60 4.5 4.5 3.9 3.9 3.9
Inflation Rate (%) 1.35 1.2 1.1 0.8 1 1.5
Interest Rate (%) 3.34 3.3 3.1 2.9 3 3.2
Balance of Trade (USD Million) -47.22 -375 -270 -270 -190 -180
Current Account (USD Million) 72.30 -320 -560 -470 -470 -600
Current Account to GDP (%) -3.40 -5 -5 -4.9 -4.9 -4.9
Government Debt to GDP (%) 57.70 69 69 70 70 60
Government Budget (% of GDP) -7.20 -10 -10 -9 -9 -9
Corporate Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) 6.10 -7 -3 0.7 0.5 1.1
GDP Annual Growth Rate (%) 0.56 -6 -2.5 0.6 1 1.5
GDP (USD Billion) 40.90 38.5 38.5 40.1 40.1 40.1
GDP Constant Prices (BOB THO) 11379577.00 11740718 12620405 13021669 13073445 12809711
Gross Fixed Capital Formation (BOB Thousand) 1854853.00 2314842 3516500 3628307 3642734 3569248
GDP per capita (USD) 2579.89 2410 2410 2500 2500 2500
GDP per capita PPP (USD) 8724.50 7900 7900 8280 8280 8280
GDP From Agriculture (BOB Thousand) 1552242.00 1338418 1384259 1428272 1433951 1405023
GDP From Construction (BOB Thousand) 220783.00 554483 697261 719430 722290 707719
GDP From Manufacturing (BOB Thousand) 1782962.00 2113874 2096942 2163614 2172217 2128396
GDP From Public Administration (BOB Thousand) 1271877.00 1254967 1319859 1361824 1367239 1339657
GDP From Services (BOB Thousand) 900972.00 941698 878838 906780 910386 892020
GDP From Transport (BOB Thousand) 1253570.00 1409962 1366649 1410101 1415708 1387148
GDP From Utilities (BOB Thousand) 230352.00 226576 298789 308289 309515 303271

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 3.60 4.5 4.5 3.9 3.9 3.9
Minimum Wages (BOB/Month) 2122.00 2400 2400 2400 2400 2500
Population (Million) 11.47 11.5 11.6 11.6 11.6 11.75
Labor Force Participation Rate (%) 73.70 75.3 75 74.8 74.6 73.9
Employed Persons (Number of persons) 5744465.00 5550000 5600000 5650000 5700000 5680000
Employment Rate (%) 70.60 69.7 69.3 68.7 68.9 69.9
Unemployed Persons (Number of persons) 255576.00 260000 250000 245000 240000 237000

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 1.35 1.2 1.1 0.8 1 1.5
Consumer Price Index CPI (points) 105.41 102 105 105 105 105
Inflation Rate Mom (%) 0.14 0.1 0.2 0.3 0.2 0.4
Food Inflation (%) -0.14 0.6 0.8 1.1 1.3 1.6
CPI Housing Utilities (points) 105.11 107 106 106 106 108
CPI Transportation (points) 107.24 104 105 104 107 107

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 3.34 3.3 3.1 2.9 3 3.2
Foreign Exchange Reserves (USD Million) 3648.84 7500 7350 7350 7350 7350
Deposit Interest Rate (%) 3.18 3.14 2.94 2.74 2.84 3.04

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Million) -47.22 -375 -270 -270 -190 -180
Current Account (USD Million) 72.30 -320 -560 -470 -470 -600
Current Account to GDP (%) -3.40 -5 -5 -4.9 -4.9 -4.9
Imports (USD Million) 371.08 875 920 920 920 920
Exports (USD Million) 324.35 500 650 650 730 740
Capital Flows (USD Million) -234.00 -580 -825 -590 -590 -740
Remittances (USD Million) 324.00 310 320 330 360 350
Foreign Direct Investment (USD Million) -4.40 -157 -171 -177 -177 -176
External Debt (USD Million) 11321.40 13575 13800 14000 14100 14500

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 57.70 69 69 70 70 60
Government Budget (% of GDP) -7.20 -10 -10 -9 -9 -9
Military Expenditure (USD Million) 598.00 630 630 630 630 610
Government Spending (BOB Thousand) 1291190.00 1472665 1596858 1647630 1654181 1620811

Taxes Actual Q3 Q4 Q1 Q2 2021
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 Q3 Q4 Q1 Q2 2021
Leading Economic Index (%) -16.71 -2.5 -2 0.5 1.5 3.5

Consumer Actual Q3 Q4 Q1 Q2 2021
Gasoline Prices (USD/Liter) 0.54 0.51 0.49 0.46 0.44 0.42
Consumer Spending (BOB Thousand) 8418919.00 7807512 9803430 10115129 10155348 9950481
Bank Lending Rate (%) 5.93 5.89 5.69 5.49 5.59 5.79


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.