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 Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Growth Rate 6.63 2 2 7 1 2.3 percent
Unemployment Rate 3.71 4 4 4.05 4.1 8.5 percent
Inflation Rate 2.71 3.4 3.5 3.5 3.5 3.3 percent
Interest Rate 3.13 3 3 3.5 3.25 3.5 percent
Balance of Trade -48.18 -150 -170 -200 -250 -150 USD Million
Government Debt to GDP 31.10 33.77 33.55 33.32 33.1 42.3 percent
MARKETS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 6.86
6.9 6.95 6.99 7.04 7.22
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Growth Rate 6.63
percent
2 2 7 1 2.3
GDP Annual Growth Rate 4.28
percent
3.9 4 4.2 3.8 4.2
GDP 33.81
USD Billion
33.85 34 34.15 34.3 33.2
GDP Constant Prices 11750299.00
BOB THO
10862403 11452002 11476734 11967285 11736249
Gross Fixed Capital Formation 2152334.00
BOB Thousand
2028672 2184770 2102520 3272645 3024918
GDP per capita 2457.60
USD
2479 2491 2504 2500 2600
GDP per capita PPP 6708.00
USD
6763 6800 6836 6942 7100
GDP From Agriculture 1265682.00
BOB Thousand
1326699 1706054 1275574 1209940 1212721
GDP From Construction 567980.00
BOB Thousand
262843 362389 563402 654271 645591
GDP From Manufacturing 2022895.00
BOB Thousand
1655069 1887922 2006666 1935263 1942014
GDP From Public Administration 1199860.00
BOB Thousand
1101641 1104823 1181509 1169707 1161162
GDP From Services 919090.00
BOB Thousand
794315 965070 924283 827166 843670
GDP From Transport 1406043.00
BOB Thousand
1175623 1259984 1382651 1308884 1305473
GDP From Utilities 226691.00
BOB Thousand
211731 250722 223874 272836 267599
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 3.71
percent
4 4 4.05 4.1 8.5
Minimum Wages 2000.00
BOB/Month
2000 2000 2000 2000 2300
Population 10.99
Million
10.98 11.02 11.06 11.1 11.3
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 2.71
percent
3.4 3.5 3.5 3.5 3.3
Consumer Price Index CPI 171.39
Index Points
171 171 171 171 173
Inflation Rate Mom 0.33
percent
1 1 1.1 1.2 0.8
CPI Housing Utilities 160.00
Index Points
161 162 163 163 163
CPI Transportation 138.14
Index Points
138 138 138 138 138
Food Inflation 2.60
percent
3 3.3 3.5 3.7 5
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 3.13
percent
3 3 3.5 3.25 3.5
Money Supply M1 62610731.00
Thousand BOB
62829009 62746073 62649085 62550950 61390050
Money Supply M2 103838324.00
Thousand BOB
104373155 104276849 104138477 103995686 102298100
Money Supply M3 179329076.00
Thousand BOB
182468023 182953489 182968252 182814557 179930268
Foreign Exchange Reserves 8592.00
USD Million
5563 5563 5563 5563 5563
Loans to Private Sector 133167.08
Million BOB
138256 140321 141840 142917 143269
Deposit Interest Rate 1.44
percent
5.31 5.49 5.67 5.85 13.64
Central Bank Balance Sheet 131899.96
BOB Million
137779 140666 142247 143014 138150
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -48.18
USD Million
-150 -170 -200 -250 -150
Exports 684.85
USD Million
676 667 659 651 571
Imports 742.60
USD Million
753 748 742 736 669
Current Account -542.40
USD Million
-540 -472 -450 -444 -298
Current Account to GDP -5.50
percent
-4.32 -4.51 -4.7 -4.89 -2.38
Capital Flows -657.80
USD Million
-448 -380 -340 -295 -112
Remittances 1178.00
USD Million
1126 1122 1118 1114 732
Gold Reserves 42.51
Tonnes
42.31 42.13 41.94 41.66 39.43
Terrorism Index 0.02
0.4 0.46 0.52 0.58 1.29
Crude Oil Production 58.00
BBL/D/1K
55.65 55.09 54.55 54.02 50.46
Foreign Direct Investment -223.60
USD Million
-128 -117 -128 -117 -51.16
External Debt 235.20
BOB Million
258 257 257 257 257
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 31.10
percent
33.77 33.55 33.32 33.1 42.3
Government Budget -6.62
percent of GDP
-5.8 -5.58 -5.36 -5.14 1.95
Government Spending 1426110.00
BOB Thousand
1176014 1327112 1411340 1442168 1417755
Military Expenditure 544.70
USD Million
554 560 565 570 544
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Manufacturing Production 6.86
percent
4.53 4.66 4.79 4.92 3.6
Internet Speed 2689.30
KBps
2635 2650 2744 2627 2018
IP Addresses 220795.00
IP
217541 216018 214514 212974 201665
Ease of Doing Business 152.00
158 159 160 161 149
Corruption Index 33.00
Points
33 33 32 32 30
Corruption Rank 113.00
101 105 109 113 105
Changes In Inventories 945957.00
BOB Thousand
827000 524000 691000 -1524000 -1461000
Competitiveness Index 3.54
Points
3.59 3.58 3.57 3.56 3.59
Competitiveness Rank 121.00
114 114 115 115 110
Capacity Utilization 71.00
percent
71.36 71.12 70.88 70.65 68.94
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Gasoline Prices 0.55
USD/Liter
0.54 0.54 0.54 0.54 0.54
Bank Lending Rate 5.71
percent
6.32 6.77 7.17 7.51 9.34
Consumer Spending 7682916.00
BOB Thousand
7668330 7727098 7625127 8700676 8360703
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 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 38 38 38 36
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
21.26 21.26 21.26 21.26 19.66
Personal Income Tax Rate 13.00
percent
13 13 13 13 13
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Temperature 18.50
celsius
22.19 19.37 19.6 22.52 21.38