Bolivia Economic Outlook
October 11, 2016Bolivian exports, which have been hit by the slump in commodity prices, improved in August and drove the country to achieve its first trade surplus in more than a year. The government has focused on developing infrastructure in a bid to shore up production levels and enhance the value of Bolivia’s mineral and gas exports. The country awarded a USD 1.0 billion hydroelectric project to a Chinese consortium on 15 September, which will substantially increase the volume of power generated that is bound for export. Meanwhile, the USD 1.2 billion Incahuasi gas project was officially inaugurated on 7 October. Gas firm Total has announced that the second phase of the project—estimated at USD 800 million—will start as soon as 2017, subject to the right market conditions.
Bolivia Economy Data
5 years of Bolivia economic forecasts for more than 30 economic indicators.
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|Exchange Rate||6.95||0.0 %||Oct 24|
Bolivia Economic Growth
October 11, 2016Economic growth, albeit healthy, will be subpar this year on the back of subdued commodity prices. FocusEconomics panelists see GDP expanding 3.9%, which is unchanged from last month’s forecast. For next year, the panel expects growth to edge down to 3.8%.