Interest Rate in Bolivia

Bolivia Interest Rate | Economic News & Forecasts

Bolivia - Interest Rate

The economy grew 3.3% year-on-year in Q3 2018, down markedly from the previous quarter (Q2 2018: +4.4% yoy). Notably, fixed investment contracted on the heels of almost three years of continuous expansion, although a jump in public spending and sturdy private spending cushioned the losses. Moreover, export growth slowed amid lower demand from Argentina and Brazil, while fiscal woes have been mounting. On 1 March, President Evo Morales, hoping to be re-elected in October, launched his universal healthcare plan at a time when increasing external debt is already weighing on international reserves, which are key to maintaining the currency’s peg to the dollar.

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 Rate6.93-0.14 %Mar 11

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