Bolivia recorded a Government Budget deficit equal to 5.88 percent of the country's Gross Domestic Product in 2016. Government Budget in Bolivia averaged -0.49 percent of GDP from 1990 until 2016, reaching an all time high of 6.27 percent of GDP in 2006 and a record low of -6.74 percent of GDP in 2002.

Government Budget in Bolivia is expected to be -5.70 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bolivia Government Budget is projected to trend around -3.50 percent of GDP in 2020, according to our econometric models.

Bolivia Government Budget
Forecast Data Chart
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Bolivia Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.70 43.40 78.50 32.20 percent [+]
Government Budget -5.88 -5.94 6.27 -6.74 percent of GDP [+]
Military Expenditure 638.47 552.38 674.72 26.09 USD Million [+]
Credit Rating 37.50 [+]
Government Budget Value 1672.29 -1947.61 3902.73 -15404.27 Million BOB [+]
Government Revenues 12045.55 8421.97 13843.48 1159.21 Million BOB [+]
Government Spending 1385024.00 1194318.00 1528768.00 334126.00 BOB Thousand [+]
Fiscal Expenditure 10373.26 10369.58 25866.75 1267.81 Million BOB [+]

Bolivia Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Bolivia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bolivia Government Budget - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-5.88 -5.94 6.27 -6.74 1990 - 2016 percent of GDP Yearly

Country Last
Argentina -3.90 Dec/17
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17