Bolivia recorded a Current Account deficit of 2.20 percent of the country's Gross Domestic Product in 2021. source: Banco Central de Bolivia

Current Account to GDP in Bolivia averaged -1.71 percent of GDP from 1980 until 2021, reaching an all time high of 12.10 percent of GDP in 2008 and a record low of -9.30 percent of GDP in 1987. This page provides - Bolivia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bolivia Current Account to GDP - values, historical data and charts - was last updated on August of 2022.

Current Account to GDP in Bolivia is expected to reach -3.00 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bolivia Current Account to GDP is projected to trend around -3.50 percent of GDP in 2023 and -4.00 percent of GDP in 2024, according to our econometric models.

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Bolivia Current Account to GDP



Related Last Previous Unit Reference
Balance of Trade 177.30 -227.70 USD Million Jan 2022
Current Account 274.40 -159.30 USD Million Mar 2022
Current Account to GDP -2.20 -0.50 percent of GDP Dec 2021
Imports 990.40 948.81 USD Million May 2022
Exports 1257.61 1136.94 USD Million May 2022
Capital Flows 13.00 216.00 USD Million Sep 2021
Remittances 339.00 350.00 USD Million Sep 2021
Foreign Direct Investment -40.00 -84.00 USD Million Sep 2021
External Debt 12566.30 12442.20 USD Million Jun 2021

Bolivia Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-2.20 -0.50 12.10 -9.30 1980 - 2021 percent of GDP Yearly