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 Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Growth Rate 4.59 1.7 2 2 6.2 2.3 percent [+]
Unemployment Rate 7.40 7.3 7.7 7.7 7.97 8.5 percent [+]
Inflation Rate 3.25 3.4 3.4 3.5 3.5 3.3 percent [+]
Interest Rate 2.97 2.7 3 3 3.25 3.5 percent [+]
Balance of Trade -132.80 -46.16 -32.98 -22.2 -13.51 15.96 USD Million [+]
Government Debt to GDP 31.10 33.1 33.82 34.55 35.27 40.7 percent [+]
MARKETS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 6.86 6.78 6.71 6.64 6.58 5.82 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Growth Rate 4.59 1.7 2 2 6.2 2.3 percent [+]
GDP Annual Growth Rate 3.34 3.8 3.2 3.4 4.1 4.5 percent [+]
GDP 33.81 34.3 34.25 34.2 34.15 33.2 USD Billion [+]
GDP Constant Prices 10461781.00 11701659 10770590 11111462 10804925 11280323 BOB THO [+]
Gross Fixed Capital Formation 1930123.00 3350388 2036572 2095647 1909465 3059090 BOB Thousand [+]
GDP per capita 2457.60 2420 2528 2541 2553 2600 USD [+]
GDP per capita PPP 6708.00 6774 6908 6944 6980 7100 USD [+]
GDP From Agriculture 1331176.00 1208231 1329219 1589527 1186899 1209499 BOB Thousand [+]
GDP From Construction 251292.00 659655 265158 356905 507753 647184 BOB Thousand [+]
GDP From Manufacturing 1615374.00 1920542 1657274 1804533 1911491 1911110 BOB Thousand [+]
GDP From Public Administration 1084799.00 1161842 1097602 1065829 1118726 1132903 BOB Thousand [+]
GDP From Services 794793.00 816284 795867 911664 883674 833726 BOB Thousand [+]
GDP From Transport 1148911.00 1306770 1172368 1178257 1299749 1285977 BOB Thousand [+]
GDP From Utilities 207052.00 274386 211213 245639 213821 264115 BOB Thousand [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 7.40 7.3 7.7 7.7 7.97 8.5 percent [+]
Minimum Wages 2000.00 1958 2066 2121 2175 2455 BOB/Month [+]
Population 10.99 11.1 11.12 11.14 11.17 11.3 Million [+]
Employment Rate 52.82 53.57 53.57 53.57 53.57 53.57 percent [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 3.25 3.4 3.4 3.5 3.5 3.3 percent [+]
Consumer Price Index CPI 169.69 169 169 169 169 169 Index Points [+]
Import Prices 130.13 130 130 130 130 130 Index Points [+]
Inflation Rate Mom 0.79 0.9 1 1 1.1 0.8 percent [+]
Export Prices 196.30 198 198 198 198 198 Index Points [+]
CPI Housing Utilities 157.32 159 160 161 161 161 Index Points [+]
CPI Transportation 134.89 135 135 135 135 134 Index Points [+]
Food Inflation 4.50 5.89 6.12 6.27 6.38 6.68 percent [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 2.97 2.7 3 3 3.25 3.5 percent [+]
Money Supply M1 59635519.00 59429816 59330309 59229526 59128792 58233979 Thousand BOB [+]
Money Supply M2 97574332.00 97300604 97158079 97013704 96869350 95584408 Thousand BOB [+]
Money Supply M3 168464029.00 170735228 170776252 170633858 170429776 168355134 Thousand BOB [+]
Foreign Exchange Reserves 8380.71 5528 5528 5528 5528 5528 USD Million [+]
Loans to Private Sector 126490.81 134297 136351 137847 138897 138610 Million BOB [+]
Deposit Interest Rate 1.44 5.85 6.62 7.4 8.18 12.24 percent [+]
Central Bank Balance Sheet 126446.38 127870 128291 128362 128211 124258 BOB Million [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -132.80 -46.16 -32.98 -22.2 -13.51 15.96 USD Million [+]
Exports 616.53 607 600 594 587 539 USD Million [+]
Imports 685.84 691 686 679 673 624 USD Million [+]
Current Account -801.00 -472 -515 -494 -439 -289 USD Million [+]
Current Account to GDP -5.50 -4.89 -4.23 -3.58 -2.92 -1.59 percent [+]
Capital Flows -877.00 -287 -260 -203 -176 -31.32 USD Million [+]
Remittances 1178.00 1114 1097 1080 1062 792 USD Million [+]
Gold Reserves 42.51 42.1 41.9 41.61 41.32 38.69 Tonnes [+]
Terms Of Trade 150.85 149 149 149 149 149 Index Points [+]
Terrorism Index 0.04 0.44 0.53 0.62 0.71 1.37 [+]
Crude Oil Production 58.00 56.23 55.65 55.09 54.55 50.46 BBL/D/1K [+]
Foreign Direct Investment -225.00 -115 -129 -128 -114 -41.46 USD Million [+]
External Debt 7615.74 253 252 251 251 251 BOB Million [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 31.10 33.1 33.82 34.55 35.27 40.7 percent [+]
Government Budget -5.89 -5.87 -5.5 -5.12 -4.75 1.54 percent of GDP [+]
Military Expenditure 544.70 570 571 572 573 542 USD Million [+]
Government Spending 1148971.00 1445758 1174885 1262475 1326029 1408098 BOB Thousand [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Manufacturing Production 6.86 4.92 4.71 4.5 4.28 3.14 percent [+]
Leading Economic Index 2.53 4.89 4.92 4.93 4.93 4.93 percent [+]
Ease of Doing Business 149.00 163 163 162 162 146 [+]
Corruption Index 33.00 32 32 32 31 30 Points [+]
Corruption Rank 113.00 113 113 114 114 108 [+]
Changes In Inventories 1110851.00 -1646000 827000 524000 691000 -1461000 BOB Thousand [+]
Competitiveness Index 3.54 3.6 3.58 3.57 3.56 3.58 Points [+]
Competitiveness Rank 121.00 113 114 115 115 111 [+]
Capacity Utilization 71.00 70.65 70.57 70.48 70.4 69.19 percent [+]
CONSUMER Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Gasoline Prices 0.54 0.54 0.54 0.54 0.54 0.54 USD/Liter [+]
Bank Lending Rate 5.43 6.32 6.79 7.2 7.55 9.18 percent [+]
Consumer Spending 7529412.00 8800457 7675768 7552218 7159018 8303769 BOB Thousand [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 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 37.16 36.78 36.39 36.01 33.09 percent [+]
Social Security Rate For Companies 16.71 16.3 16.21 16.12 16.03 15.36 percent [+]
Social Security Rate For Employees 22.10 20.73 20.44 20.14 19.84 17.59 percent [+]