Bolivia - Economic Forecasts - 2018-2020 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 Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Growth Rate -1.44 2 7 1 6.8 2.3 percent
Unemployment Rate 3.71 4 4.05 4.1 4.12 8.5 percent
Inflation Rate 3.01 3.5 3.5 3.5 3.8 3.3 percent
Interest Rate 3.27 3.25 3.25 3.25 3.25 3.5 percent
Balance of Trade -187.58 -176 -178 -179 -179 -179 USD Million
Government Debt to GDP 45.70 31.4 33.55 30.2 40.7 31.3 percent
MARKETS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 6.86
6.89 6.93 6.98 7.02 7.2
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Growth Rate -1.44
percent
2 7 1 6.8 2.3
GDP Annual Growth Rate 5.23
percent
4 4 3.8 4 4.2
GDP 33.81
USD Billion
33.7 33.75 33.8 33.3 33.2
GDP Constant Prices 12402633.00
BOB THO
12085951 12220311 12722952 12220311 13787608
Gross Fixed Capital Formation 3754668.00
BOB Thousand
2246109 2238427 3718987 2238427 4030192
GDP per capita 2457.60
USD
2494 2500 2500 2560 2600
GDP per capita PPP 6708.00
USD
6807 6848 6942 7030 7100
GDP From Agriculture 1295719.00
BOB Thousand
1784090 1316309 1304018 1316309 1413138
GDP From Construction 692054.00
BOB Thousand
382823 590699 716190 590699 776121
GDP From Manufacturing 1990363.00
BOB Thousand
2000244 2103811 2070088 2103811 2243312
GDP From Public Administration 1225804.00
BOB Thousand
1146294 1247854 1266617 1247854 1372608
GDP From Services 856477.00
BOB Thousand
1020015 955854 873823 955854 946944
GDP From Transport 1377916.00
BOB Thousand
1313387 1462285 1419396 1462285 1538171
GDP From Utilities 292699.00
BOB Thousand
259762 235759 300372 235759 325507
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 3.71
percent
4 4.05 4.1 4.12 8.5
Minimum Wages 2060.00
BOB/Month
2000 2000 2000 2200 2300
Population 11.15
Million
11.07 11.11 11.15 11.19 11.8
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 3.01
percent
3.5 3.5 3.5 3.8 3.3
Consumer Price Index CPI 101.22
Index Points
173 177 177 105 189
Inflation Rate Mom -0.14
percent
1 1.1 1.2 0.39 0.8
CPI Housing Utilities 104.83
Index Points
161 163 166 109 177
CPI Transportation 101.11
Index Points
139 139 143 105 153
Food Inflation 2.90
percent
3.3 3.5 3.7 3.8 5
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 3.27
percent
3.25 3.25 3.25 3.25 3.5
Money Supply M1 63810573.00
Thousand BOB
64215685 64242698 64255600 64259057 64260185
Money Supply M2 105779359.00
Thousand BOB
109546856 108472388 109465797 108463820 109422985
Money Supply M3 182862782.00
Thousand BOB
188550784 187914701 189164108 188234535 189309060
Foreign Exchange Reserves 7696.00
USD Million
8035 7979 7932 7892 7707
Loans to Private Sector 136125.54
Million BOB
136302 133278 129151 125297 123994
Deposit Interest Rate 1.44
percent
1.66 1.66 1.66 1.66 1.91
Central Bank Balance Sheet 131899.96
BOB Million
140666 142247 143014 143270 138150
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -187.58
USD Million
-176 -178 -179 -179 -179
Exports 656.06
USD Million
648 648 648 648 648
Imports 809.13
USD Million
824 826 828 827 827
Current Account -715.50
USD Million
-496 -496 -496 -496 -496
Current Account to GDP -6.30
percent
-5.27 -4.51 -6.12 -1.59 -6.81
Capital Flows -657.80
USD Million
-617 -617 -617 -617 -617
Remittances 1178.00
USD Million
1122 1118 1114 1097 732
Gold Reserves 42.50
Tonnes
42.5 42.5 42.49 42.49 42.49
Terrorism Index 0.02
0.34 0.39 0.43 0.49 1.16
Crude Oil Production 60.00
BBL/D/1K
59.28 59.28 59.28 59.28 59.28
Foreign Direct Investment -234.00
USD Million
-174 -174 -174 -174 -174
External Debt 381.65
BOB Million
628 628 628 628 628
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 45.70
percent
31.4 33.55 30.2 40.7 31.3
Government Budget -5.88
percent of GDP
-5.71 -5.5 -5.29 -4.69 1.33
Government Spending 1528768.00
BOB Thousand
1386800 1483154 1574336 1483154 1706077
Military Expenditure 638.47
USD Million
548 548 547 543 499
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Manufacturing Production 6.86
percent
4.8 4.99 5.19 5.01 3.56
Internet Speed 2689.30
KBps
2650 2744 2627 2553 2018
IP Addresses 220795.00
IP
216018 214514 212974 211458 196767
Ease of Doing Business 152.00
152 152 152 152 152
Corruption Index 33.00
Points
32 32 32 32 31
Corruption Rank 112.00
113 114 114 113 104
Changes In Inventories -1522757.00
BOB Thousand
524000 691000 -1524000 859138 -1461000
Competitiveness Index 3.54
Points
3.58 3.57 3.56 3.56 3.59
Competitiveness Rank 121.00
121 121 121 121 121
Capacity Utilization 71.00
percent
71 70.34 69.68 69.44 68.93
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Gasoline Prices 0.55
USD/Liter
0.54 0.51 0.48 0.45 0.31
Bank Lending Rate 5.26
percent
5.93 5.93 5.93 5.93 6.18
Consumer Spending 9491576.00
BOB Thousand
7969339 7990233 9696038 7990233 10507403
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Corporate Tax Rate 25.00
percent
25 25 25 25 25
Sales Tax Rate 13.00
percent
13 13 13 13 13
Social Security Rate 38.92
percent
38.92 38.92 38.92 39 39
Social Security Rate For Companies 16.71
percent
16.42 16.42 16.42 16.42 15.94
Social Security Rate For Employees 22.21
percent
22.21 22.21 22.21 22.21 22.21
Personal Income Tax Rate 13.00
percent
13 13 13 13 13
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 18.50
celsius
19.37 19.6 22.52 22.24 21.38