Exports in Bolivia

Bolivia Exports | Economic News & Forecasts

Bolivia - Exports

GDP last year grew at the fastest pace seen since the height of the commodities boom nearly a decade ago. Turning to this year, momentum is likely being supported by the recent surge in commodity prices, especially of base metals and energy. Annual export growth averaged 22.0% in January–February. A deal signed in April to export natural gas to Argentina further brightens the picture ahead. Meanwhile, inflation remains at one of the lowest rates in Latam, suppressed by government subsidies, export controls and the currency peg. This is likely supporting private consumption. That said, subsidies will widen the fiscal deficit. This may place pressure on the currency peg amid relatively low international reserves, which could eventually lead to capital controls, or exchange rate adjustment and capital outflows, should the government fail to reduce its budget deficit.

Bolivia - Exports Data

2015   2016   2017   2018   2019  
Exports (USD billion)8.7  7.0  8.1  8.9  8.8  

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Bolivia Facts

Value Change Date
Exchange Rate6.91-0.14 %Jan 01

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