GDP in Bolivia

Bolivia GDP | Economic News & Forecasts

Bolivia - GDP

Bolivia’s economy is likely to have slowed last year, dragged down by a downturn in the country’s commodity-related sectors. Although Bolivia has fared better than other regional peers in the wake of the commodity price slump, dwindling revenues and persistent high public expenditure have caused the fiscal deficit to widen severely. The government, in turn, has resorted to a heavy drawdown from the country’s international reserves, which dropped to a multi-year low in 2016. Despite this concerning situation, political attention is instead focused on President Evo Morales, who announced in December that he intends to run for a fourth consecutive term. This is likely to lead to a re-run of last year’s unsuccessful referendum to change Bolivia’s constitution, which allows Morales to serve only three terms.

Bolivia - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)5.2  5.1  6.8  5.5  -     

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Bolivia GDP Chart

Bolivia GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: National Statistical Institute and FocusEconomics calculations.

Bolivia Facts

Exchange Rate6.940.0 %Jan 20

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