Current Account in Bolivia

Bolivia Current Account | Economic News & Forecasts

Bolivia - Current Account

Growth softened in the final quarter of last year (Q4 2018: +3.3% year-on-year; Q3: +4.0% yoy), although fundamentals remained healthy nonetheless. Household spending maintained solid momentum, supported by low inflation, while fixed investment rebounded. First-quarter economic activity likely softened further, however. Falling remittances in January–February suggest that, despite low price pressures, consumption slowed. Moreover, a drop in merchandise exports in Q1, owing to lower shipments of minerals and hydrocarbons, also likely weighed on the expansion. Meanwhile, Fitch Ratings revised Bolivia’s outlook from stable to negative with a BB- rating, citing the rapid erosion of fiscal and external buffers as the gas sector continues to languish.

Bolivia - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)2.4  1.7  -5.8  -5.6  -5.0  

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Bolivia Current Account Chart

Bolivia Current Account
Note: Current account balance as % of GDP.
Source: Bolivia Central Bank and FocusEconomics calculations.

Bolivia Facts

Exchange Rate6.94-0.14 %Jul 11

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