Prime Lending Rate in Bolivia
The Prime Lending Rate ended 2022 at 7.76%, down from the 8.02% end-2021 value and down from the reading of 11.05% a decade earlier. For reference, the average Prime Lending Rate in Latin America was 18.90% at the end of 2022. For more interest rate information, visit our dedicated page.
Bolivia Interest Rate Chart
Note: This chart displays Policy Interest Rate (%) for Bolivia from 2013 to 2024.
Source: Macrobond.
Bolivia Interest Rate Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Prime Lending Rate (%, eop) | 2.91 | 2.98 | 3.07 | 3.08 | 3.05 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Bolivian interest rate projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Bolivian interest rate.
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