Interest Rate in Bolivia

Bolivia Interest Rate | Economic News & Forecasts

Bolivia - Interest Rate

Data for the first quarter of the year paints a mixed economic picture, after growth softened in Q4 2018. On the one hand, remittances declined significantly year-on-year throughout the quarter, which will have weighed on private consumption. In addition, merchandise exports also fell due to lower minerals and gas shipments, while imports increased, weighing on headline growth and the trade deficit. On the other hand, the minister of economy recently declared that, aside from the hydrocarbon industry, sectoral economic data indicated growth remained robust. In other news, state oil firm YPFB recently closed large long-term contracts to supply natural gas to a major fertilizer producer and thermoelectric plant in Brazil. The firm is also reportedly planning to acquire a larger stake in the Bolivia-Brazil Gasbol pipeline from Petrobras.

Bolivia - Interest Rate Data

2013  2014  2015  2016  2017  
Policy Interest Rate (%)11.41  8.00  7.36  7.82  7.86  

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Bolivia Interest Rate Chart

Bolivia Interest Rate
Note: Prime Lending rate in %
Source: Bolivia Central Bank.

Bolivia Facts

Exchange Rate6.92-0.14 %Jul 31

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