Markets Actual Q2 Q3 Q4 Q1 2022
Currency 6.83 6.82 6.82 6.82 6.82 6.82

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) -6.20 0.5 0.7 1.1 1.1 1.1
GDP Annual Growth Rate (%) -21.68 7 5 4.7 4.3 3.5
Unemployment Rate (%) 3.60 3.9 3.9 3.9 3.8 3.7
Inflation Rate (%) 1.40 0.8 1.4 1.5 1.7 2.4
Interest Rate (%) 3.48 3 3 3 3.2 3.6
Balance of Trade (USD Million) 7.62 -270 -270 -220 -220 -180
Current Account (USD Million) 11.90 -470 -470 -600 -600 -640
Current Account to GDP (%) -3.40 -4.9 -4.9 -4.9 -4.9 -5.1
Government Debt to GDP (%) 57.70 70 70 70 70 69
Government Budget (% of GDP) -7.20 -9 -9 -9 -9 -8
Corporate Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) -6.20 0.5 0.7 1.1 1.1 1.1
GDP Annual Growth Rate (%) -21.68 7 5 4.7 4.3 3.5
GDP (USD Billion) 40.90 40.1 40.1 40.1 40.1 41
GDP Constant Prices (BOB THO) 9795505.00 11607169 10481190 13586402 10255894 10614850
Gross Fixed Capital Formation (BOB Thousand) 1791307.30 1891950 1916699 2648382 1875499 1941141
GDP per capita (USD) 2579.89 2500 2500 2500 2500 2550
GDP per capita PPP (USD) 8724.50 8280 8280 8280 8280 8500
GDP From Agriculture (BOB Thousand) 1970563.00 1583287 2108502 1495778 2063179 2135391
GDP From Construction (BOB Thousand) 111873.00 225199 119704 640165 117131 121231
GDP From Manufacturing (BOB Thousand) 1552848.00 1818621 1661547 2359233 1625832 1682736
GDP From Public Administration (BOB Thousand) 1205670.00 1297315 1290067 1405683 1262336 1306518
GDP From Services (BOB Thousand) 839700.00 918991 898479 1073087 879166 909937
GDP From Transport (BOB Thousand) 1018817.00 1278641 1090134 1632992 1066701 1104036
GDP From Utilities (BOB Thousand) 231549.00 234959 247757 261176 242432 250917

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 3.60 3.9 3.9 3.9 3.8 3.7
Minimum Wages (BOB/Month) 2122.00 2400 2400 2500 2500 2500
Population (Million) 11.47 11.6 11.6 11.75 11.75 11.9
Labor Force Participation Rate (%) 73.70 74.6 74.6 73.9 73.9 73
Employed Persons (Number of persons) 5788074.00 5700000 5700000 5680000 5680000 5720000
Employment Rate (%) 70.60 68.9 68.9 69.9 69.9 70.1
Unemployed Persons (Number of persons) 255576.00 240000 240000 237000 237000 240000

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 1.40 0.8 1.4 1.5 1.7 2.4
Consumer Price Index CPI (points) 105.12 105 105 105 105 105
Inflation Rate Mom (%) 0.16 0.2 0.1 0.4 0.4 0.4
Food Inflation (%) 0.97 0.7 1 1.3 1.5 1.9
CPI Housing Utilities (points) 105.42 106 106 119 107 109
CPI Transportation (points) 105.15 105 107 116 108 110

Money Actual Q2 Q3 Q4 Q1 2022
Interest Rate (%) 3.48 3 3 3 3.2 3.6
Foreign Exchange Reserves (USD Million) 2036.24 7350 7350 7350 7350 7350
Deposit Interest Rate (%) 3.18 3 2.7 2.83 2.7 3.1

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (USD Million) 7.62 -270 -270 -220 -220 -180
Current Account (USD Million) 11.90 -470 -470 -600 -600 -640
Current Account to GDP (%) -3.40 -4.9 -4.9 -4.9 -4.9 -5.1
Imports (USD Million) 622.56 920 920 920 920 920
Exports (USD Million) 733.18 730 730 740 740 780
Capital Flows (USD Million) -210.80 -590 -590 -740 -740 -740
Remittances (USD Million) 285.00 360 360 350 350 360
Foreign Direct Investment (USD Million) 123.20 -157 -171 -177 -177 -176
External Debt (USD Million) 11321.40 14100 14100 14500 14500 14100

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (%) 57.70 70 70 70 70 69
Government Budget (% of GDP) -7.20 -9 -9 -9 -9 -8
Military Expenditure (USD Million) 588.00 630 630 630 610 610
Government Spending (BOB Thousand) 1366738.90 1317013 1462411 1671472 1430976 1481060

Taxes Actual Q2 Q3 Q4 Q1 2022
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 Q2 Q3 Q4 Q1 2022
Leading Economic Index (%) 5.76 1.5 1.8 3.5 3.5 3.1

Consumer Actual Q2 Q3 Q4 Q1 2022
Gasoline Prices (USD/Liter) 0.54 0.51 0.49 0.46 0.44 0.42
Consumer Spending (BOB Thousand) 7206841.70 8587297 7711321 8944564 7545563 7809658
Bank Lending Rate (%) 5.83 5.65 5.35 5.95 5.35 5.75


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.