Trade Balance in Bolivia

Bolivia Trade Balance | Economic News & Forecasts

Bolivia - Trade Balance

Economic growth slumped to 2.3% year-on-year in the third quarter of 2019 (Q2: +2.8% year-on-year), marking the weakest expansion in over a decade. A sharp contraction of the mining and quarrying sector, which saw output in the key oil and gas industry decline for the sixth consecutive quarter, led the slowdown. In turn, this took a toll on the external sector, as reflected by yet another fall in exports in the quarter. Domestically, although fixed investment rebounded solidly, private consumption growth, which has long been the engine of activity, ebbed to a two-and-a-half-year low—weighing on the overall upturn. Meanwhile in politics, Luis Arce, former President Evo Morales’ economy minister and candidate for his Movement to Socialism (MAS) party, is leading the polls ahead of the 3 May election against a divided opposition, which includes the candidacy of interim President Jeanine Áñez. However, Arce’s lead is not large enough to avoid a second run-off vote.

Bolivia - Trade Balance Data

2014   2015   2016   2017   2018  
Trade Balance (USD billion)2.9  -0.4  -0.9  -0.5  -0.5  

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Bolivia Trade Balance Chart

Bolivia Trade
Note: Trade balance in (USD bn).
Source: Bolivia Central Bank and FocusEconomics calculations.

Bolivia Facts

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

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