Money in Bolivia
Bolivia - MoneyWhile detailed national accounts data is still unavailable, economic conditions likely improved in the first half of the year. Monthly activity data shows the economy returned to growth at the end of Q1, before surging on a favorable base effect through Q2. Turning to Q3, activity growth slowed from Q2’s average level in July, but remained in double digits. Moreover, private sector credit growth remained robust in the same month, while remittances from abroad grew rapidly in July–August, indicating solid private consumption in the quarter. Meanwhile, on 30 September Moody’s affirmed the country’s ‘B2’ rating, but downgraded the outlook to negative from stable, citing risks brought about by recurring fiscal deficits, declining reserve buffers and projected large government financing needs in coming years.
Bolivia - Money Data
|Money (annual variation in %)||16.3||-3.9||8.2||5.4||-7.5|
5 years of economic forecasts for more than 30 economic indicators.
Bolivia Money Chart
Source: Bolivia Central Bank and FocusEconomics calculations.
|Exchange Rate||6.91||-0.14 %||Jan 01|
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