Trade Balance in Bolivia

Bolivia Trade Balance | Economic News & Forecasts

Bolivia - Trade Balance

Conditions likely continued to improve in Q3, following GDP’s stellar return to growth in Q2. Activity expanded robustly in annual terms in July–August, albeit at a softer pace amid a fading base effect. Additionally, the unemployment rate averaged lower in Q3 than in Q2, boding well for spending, while merchandise exports and imports grew solidly in the period, signaling healthier demand dynamics. Meanwhile, prospects for the final quarter are fairly bright: The unemployment rate dropped to a 20-month low in October, which will support household spending. However, while the vaccination drive has continued to advance in recent weeks, it has remained somewhat sluggish amid another uptick in daily infection rates, which could prompt tighter restrictions ahead. In politics, in mid-November President Arce repealed August’s “Mother” Law, following a six-day general strike and opposition protests.

Bolivia - Trade Balance Data

2015   2016   2017   2018   2019  
Trade Balance (USD billion)-0.4  -0.9  -0.5  -0.5  -0.2  

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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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