Markets Actual Q4 Q1 Q2 Q3 2022
Currency 6.82 6.85 6.88 6.9 6.92 6.97

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) -6.20 -1.5 3.7 -5 1.5 -1.5
GDP Annual Growth Rate (%) 21.91 5.5 2.7 3.5 3.2 4
Unemployment Rate (%) 5.60 4.5 3.8 3.8 3.8 3.8
Inflation Rate (%) 0.18 0.3 1.3 1.5 1.7 1.7
Interest Rate (%) 3.91 4.5 4.5 4.5 4.7 5
Balance of Trade (USD Million) 194.70 -180 -180 -180 -180 -140
Current Account (USD Million) 334.06 -600 -600 -600 -600 -640
Current Account to GDP (% of GDP) -0.50 -3.6 -4.1 -4.1 -4.1 -4.1
Government Debt to GDP (% of GDP) 67.30 68 65 65 65 65
Government Budget (% of GDP) -9.70 -8.5 -7.5 -7.5 -7.5 -7.5
Corporate Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) -6.20 -1.5 3.7 -5 1.5 -1.5
GDP Annual Growth Rate (%) 21.91 5.5 2.7 3.5 3.2 4
GDP (USD Billion) 36.69 40.1 40.1 40.1 40.1 41
GDP Constant Prices (BOB THO) 11491533.00 13884546 11507764 11893737 11859262 14439928
Gross Fixed Capital Formation (BOB Thousand) 1745224.82 3248494 1731199 1806308 1801072 3378434
GDP per capita (USD) 2345.48 2430 2490 2490 2490 2490
GDP per capita PPP (USD) 7931.75 8200 8500 8500 8500 8500
GDP From Agriculture (BOB Thousand) 2056853.00 1544939 1602354 2128843 2122672 1606736
GDP From Construction (BOB Thousand) 349744.00 759195 275345 361985 360936 789563
GDP From Manufacturing (BOB Thousand) 1782128.00 2460788 1812603 1844502 1839156 2559219
GDP From Public Administration (BOB Thousand) 1201940.00 1491477 1297984 1244008 1240402 1551136
GDP From Services (BOB Thousand) 1049951.00 1000643 912503 1086699 1083549 1040669
GDP From Transport (BOB Thousand) 1268605.00 1460326 1213106 1313006 1309200 1518739
GDP From Utilities (BOB Thousand) 271500.00 348485 228184 281003 280188 362425

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 5.60 4.5 3.8 3.8 3.8 3.8
Minimum Wages (BOB/Month) 2164.00 2500 2500 2500 2500 2500
Population (Million) 11.68 11.75 11.75 11.75 11.75 11.9
Labor Force Participation Rate (%) 76.10 73.9 73.9 73.9 73.9 73
Employed Persons (Number of persons) 6145039.00 5680000 5680000 5680000 5680000 5720000
Employment Rate (%) 72.00 69.9 69.9 69.9 69.9 70.1
Unemployed Persons (Number of persons) 352771.00 237000 237000 237000 237000 240000

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 0.18 0.3 1.3 1.5 1.7 1.7
Consumer Price Index CPI (points) 105.39 105 105 105 105 105
Import Prices (points) 137.42 132 132 132 132 135
Inflation Rate Mom (%) 0.52 0.3 0.3 0.3 0.3 0.2
Export Prices (points) 84.77 80 80 80 80 82
Food Inflation (%) 0.14 1.3 1.5 1.5 1.7 1.9
CPI Housing Utilities (points) 105.21 106 107 107 107 107
CPI Transportation (points) 106.03 106 107 107 107 108

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 3.91 4.5 4.5 4.5 4.7 5
Foreign Exchange Reserves (USD Million) 1846.44 7350 7350 7350 7350 7350
Deposit Interest Rate (%) 3.54 2.83 3.94 3.94 3.94 4.24

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (USD Million) 194.70 -180 -180 -180 -180 -140
Current Account (USD Million) 334.06 -600 -600 -600 -600 -640
Current Account to GDP (% of GDP) -0.50 -3.6 -4.1 -4.1 -4.1 -4.1
Imports (USD Million) 733.69 920 920 920 920 920
Exports (USD Million) 943.46 740 740 740 740 780
Capital Flows (USD Million) -229.23 -740 -740 -740 -740 -740
Remittances (USD Million) 338.00 350 350 350 350 360
Foreign Direct Investment (USD Million) -154.70 -157 -171 -177 -177 -176
External Debt (USD Million) 12442.20 14500 14500 14500 14500 14100

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 67.30 68 65 65 65 65
Government Budget (% of GDP) -9.70 -8.5 -7.5 -7.5 -7.5 -7.5
Military Expenditure (USD Million) 598.00 630 610 610 610 610
Government Spending (BOB Thousand) 1423181.50 1799865 1305703 1472993 1468723 1871859

Taxes Actual Q4 Q1 Q2 Q3 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 (%) 38.42 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 (%) 22.71 22.21 22.21 22.21 22.21 22.21

Business Actual Q4 Q1 Q2 Q3 2022
Leading Economic Index (%) 12.18 3.5 3.5 3.5 3.5 3.1

Consumer Actual Q4 Q1 Q2 Q3 2022
Gasoline Prices (USD/Liter) 0.54 0.51 0.49 0.46 0.44 0.42
Consumer Spending (BOB Thousand) 7636393.44 10785852 8417025 7903667 7880758 11217286
Bank Lending Rate (%) 5.90 6.49 6.49 6.49 6.69 6.99


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.