Government Spending in Bolivia increased to 1385024 BOB Thousand in the second quarter of 2018 from 1194318 BOB Thousand in the first quarter of 2018. Government Spending in Bolivia averaged 787151.32 BOB Thousand from 1990 until 2018, reaching an all time high of 1528768 BOB Thousand in the fourth quarter of 2017 and a record low of 334126 BOB Thousand in the first quarter of 1991.

Government Spending in Bolivia is expected to be 1594505.00 BOB Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Bolivia to stand at 1539514.00 in 12 months time. In the long-term, the Bolivia Government Spending is projected to trend around 1719645.00 BOB Thousand in 2020, according to our econometric models.

Bolivia Government Spending
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 -7.40 -6.70 6.27 -7.40 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 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. This page provides - Bolivia Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Bolivia Government Spending - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1385024.00 1194318.00 1528768.00 334126.00 1990 - 2018 BOB Thousand Quarterly
1990=100, NSA

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