Current Account in Bolivia

Bolivia Current Account | Economic News & Forecasts

Bolivia - Current Account

Economic growth decelerated in the final quarter of last year (Q4: +3.3% year-on-year; Q3: +4.0% yoy). The slowdown was largely owing to a spike in oil import prices, although overall fundamentals remained healthy nonetheless. Household spending powered the expansion, amid low inflation and a tight labor market. Moreover, fixed investment bounced back, seemingly bolstered by new projects in the mining sector, while exports accelerated despite volatility in neighboring Argentina and Brazil. Meanwhile, in April, President Evo Morales made progress on a trade deal with Argentina, which would allow Bolivia to export LNG to global markets through the Atlantic coast, in exchange for importing oil from its neighbor.

Bolivia - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)2.4  1.7  -5.8  -5.7  -6.3  

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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

ValueChangeDate
Exchange Rate6.93-0.14 %May 13

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