GDP in Bolivia
Bolivia - GDPStronger private consumption resulting from low inflation, higher commodities prices and a recovery in the economy of Brazil (Bolivia’s main trading partner) are supporting the economy so far this year. Despite these positive developments, the country’s fiscal and current account deficits remain large, partially reflecting low gas prices and increased government spending in the last two years. The twin deficits are expected to persist in the absence of significant policy changes, which in turn would make it difficult for the Central Bank to maintain the currency’s de facto peg to the U.S dollar in the near future.
Bolivia - GDP Data
|Economic Growth (GDP, annual variation in %)||5.2||5.1||6.8||5.5||4.9|
5 years of economic forecasts for more than 30 economic indicators.
Bolivia GDP Chart
Source: National Statistical Institute and FocusEconomics calculations.
|Exchange Rate||6.98||0.0 %||Jul 18|
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