GDP in Bolivia
Bolivia - GDPGDP growth fell to 3.3% year-on-year in Q1 from Q4’s 3.7%. Reduced demand for gas exports from Brazil struck a heavy blow to the pivotal hydrocarbon sector and impeded the economy’s stellar growth trajectory. Nevertheless, the economic landscape remains resilient, thanks in part to a notable 7.2% increase in domestic demand in Q1. Moreover, Bolivia has become increasingly attractive for investors, as evidenced by rising foreign exchange reserves. At the outset of August, Moody’s rewarded Bolivia for its strong growth dynamics, relatively steady fiscal metrics and moderate levels of debt by upgrading the outlook for the economy’s credit rating from negative to stable.
Bolivia - GDP Data
|Economic Growth (GDP, annual variation in %)||5.1||6.8||5.5||4.9||-|
5 years of economic forecasts for more than 30 economic indicators.
Bolivia GDP Chart
Source: National Statistical Institute and FocusEconomics calculations.
|Exchange Rate||6.98||0.0 %||Sep 21|
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