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 4.59 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 -193.61 -160 -157 -159 -160 -160 USD Million [+]
Government Debt to GDP 31.10 31.37 30.77 30.16 30.32 31.34 percent [+]
MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 6.90 6.97 7.04 7.25 7.18 8.28 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 4.59 1.3 2.2 1.8 2 2.3 percent [+]
GDP Annual Growth Rate 3.69 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 11785749.00 11784872 11140154 11783998 11141027 11778801 BOB THO [+]
Gross Fixed Capital Formation 3445038.00 3443017 2799398 3441008 2801400 3429217 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 1207961.00 1240581 1241348 1241239 1241255 1241253 BOB Thousand [+]
GDP From Construction 663434.00 458922 457923 457990 457986 457986 BOB Thousand [+]
GDP From Manufacturing 1917600.00 1855433 1855350 1855353 1855353 1855353 BOB Thousand [+]
GDP From Public Administration 1173315.00 1109917 1202983 1227007 1159137 1384258 BOB Thousand [+]
GDP From Services 809455.00 835109 835491 835447 835452 835452 BOB Thousand [+]
GDP From Transport 1314840.00 1265592 1263777 1263394 1263313 1263291 BOB Thousand [+]
GDP From Utilities 219760.00 231353 226129 229838 227205 228323 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 2000.00 1954 1954 1954 2167 2451 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 59801823.00 59382192 59483543 59484045 59483648 59484333 Thousand BOB [+]
Money Supply M2 97958832.00 98425366 97202159 98283176 97186928 98236353 Thousand BOB [+]
Money Supply M3 164550494.00 168635152 172146447 175649776 179119858 215238576 Thousand BOB [+]
Foreign Exchange Reserves 8287.87 8398 8435 8452 8462 8505 USD Million [+]
Loans to Private Sector 123044.09 127740 132761 137743 142707 196119 Million BOB [+]
Deposit Interest Rate 1.40 2.04 1.57 1.1 1.24 2.03 percent [+]
Central Bank Balance Sheet 124193.19 125248 127775 129227 130338 132140 BOB Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -193.61 -160 -157 -159 -160 -160 USD Million [+]
Exports 599.16 608 599 593 592 593 USD Million [+]
Imports 792.77 752 752 762 762 760 USD Million [+]
Current Account -668.40 -592 -498 -568 -624 -583 USD Million [+]
Current Account to GDP -6.50 -4.31 -4 -3.69 -3.61 -3.59 percent [+]
Capital Flows -63.90 -245 -251 -248 -246 -241 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 60.00 59.66 59.65 59.65 59.65 59.65 BBL/D/1K [+]
Foreign Direct Investment -59.50 -111 -105 -89.26 -85.36 -97 USD Million [+]
External Debt 29.97 371 358 360 360 360 BOB Million [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 31.10 31.37 30.77 30.16 30.32 31.34 percent [+]
Government Budget -2.54 -1.13 -2.05 -2.97 -2.99 0.78 percent of GDP [+]
Military Expenditure 544.70 566 574 582 585 579 USD Million [+]
Government Spending 1458367.00 1327638 1408300 1506611 1229924 1647805 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 2.53 4.58 4.8 4.9 4.94 4.98 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 -1579922.00 -176127 87425 -4680 27508 19172 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 0.53 USD/Liter [+]
Bank Lending Rate 5.15 5.2 5.24 5.23 5.23 5.23 percent [+]
Consumer Spending 8981805.00 8059695 7854378 7931063 7902422 7910210 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 [+]