Interest Rate in Bolivia

Bolivia Interest Rate | Economic News & Forecasts

Bolivia - Interest Rate

GDP shrank at a record annual pace of 21.7% in Q2 (Q1: +0.6% yoy) amid plunging domestic demand and collapsing exports due to the Covid-19 fallout. Turning to Q3, available data paints a still-downbeat picture. Economic activity contracted more sharply in August, with the construction, transport and mining sectors hit the hardest. Moreover, a higher unemployment rate in Q3, coupled with lingering Covid-19 restrictions, bodes ill for private consumption. In politics, Luis Arce, the candidate for former President Morales’ MAS party, won 55% of the votes in the presidential election re-run held on 18 October, securing a first-round victory. However, MAS did not reach a two-third majority in the Legislative Assembly, which could hinder the full implementation of Arce’s agenda of boosting public investment. In the near term, dealing with the impact of the pandemic will likely be his first priority.

Bolivia - Interest Rate Data

2015   2016   2017   2018   2019  
Policy Interest Rate (%)8.07  7.95  8.11  8.04  8.40  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Bolivia Interest Rate Chart


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

Bolivia Facts

Value Change Date
Exchange Rate6.91-0.14 %Jan 01

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form