Fiscal Balance in Bolivia
Bolivia - Fiscal BalanceGrowth 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 - Fiscal Balance Data
|Fiscal Balance (% of GDP)||0.6||-3.4||-6.9||-7.2||-7.8|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||6.94||-0.14 %||Jul 11|
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