GDP in Bolivia
Bolivia - GDPThe latest data suggests the economy maintained a strong pace in the second half of 2018, fueled by resilient household spending, as reduced inflation and a stable inflow of remittances likely benefited consumers in the last two quarters. Moreover, a year-end surge in natural gas prices is seen bolstering exports gains. On the political front, policymakers slashed government spending in the second half of 2018 as part of efforts to curtail the fiscal deficit; spending could ramp-up, however, in the run-up to October’s presidential election as President Evo Morales seeks a fourth term.
Bolivia - GDP Data
|Economic Growth (GDP, annual variation in %)||6.8||5.5||4.9||4.3||4.2|
5 years of economic forecasts for more than 30 economic indicators.
Bolivia GDP Chart
Source: National Statistical Institute and FocusEconomics calculations.
|Exchange Rate||6.93||-0.14 %||Jan 30|
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