Fiscal Balance in Bolivia

Bolivia Fiscal Balance | Economic News & Forecasts

Bolivia - Fiscal Balance

The economy grew 3.3% year-on-year in Q3 2018, down markedly from the previous quarter (Q2 2018: +4.4% yoy). Notably, fixed investment contracted on the heels of almost three years of continuous expansion, although a jump in public spending and sturdy private spending cushioned the losses. Moreover, export growth slowed amid lower demand from Argentina and Brazil, while fiscal woes have been mounting. On 1 March, President Evo Morales, hoping to be re-elected in October, launched his universal healthcare plan at a time when increasing external debt is already weighing on international reserves, which are key to maintaining the currency’s peg to the dollar.

Bolivia - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)0.7  -3.4  -6.9  -6.6  -     

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Bolivia Facts

Exchange Rate6.93-0.14 %Mar 11

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