Government Spending in Bolivia increased to 1423181.50 BOB Thousand in the second quarter of 2021 from 1271375.40 BOB Thousand in the first quarter of 2021. source: Instituto Nacional de Estadística de Bolivia

Government Spending in Bolivia averaged 851782.10 BOB Thousand from 1990 until 2021, reaching an all time high of 1706032.80 BOB Thousand in the fourth quarter of 2020 and a record low of 334126 BOB Thousand in the first quarter of 1991. This page provides - Bolivia Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Bolivia Government Spending - values, historical data and charts - was last updated on November of 2021.

Government Spending in Bolivia is expected to be 1833985.00 BOB Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bolivia Government Spending is projected to trend around 1907345.00 BOB Thousand in 2022 and 1964565.00 BOB Thousand in 2023, according to our econometric models.

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Bolivia Government Spending

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Government Spending 1423181.50 1271375.40 BOB Thousand Jun/21
Bolivia Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.