GDP in Bolivia

Bolivia GDP | Economic News & Forecasts

Bolivia - GDP

GDP 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

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)5.1  6.8  5.5  4.9  -     

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Bolivia GDP Chart

Bolivia GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: National Statistical Institute and FocusEconomics calculations.

Bolivia Facts

Exchange Rate6.980.0 %Sep 21

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