Unemployment in Bolivia
Bolivia - UnemploymentEconomic growth decelerated in the final quarter of last year (Q4: +3.3% year-on-year; Q3: +4.0% yoy). The slowdown was largely owing to a spike in oil import prices, although overall fundamentals remained healthy nonetheless. Household spending powered the expansion, amid low inflation and a tight labor market. Moreover, fixed investment bounced back, seemingly bolstered by new projects in the mining sector, while exports accelerated despite volatility in neighboring Argentina and Brazil. Meanwhile, in April, President Evo Morales made progress on a trade deal with Argentina, which would allow Bolivia to export LNG to global markets through the Atlantic coast, in exchange for importing oil from its neighbor.
Bolivia - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Bolivia Unemployment Chart
Source: National Statistical Institute and FocusEconomics calculations.
|Exchange Rate||6.93||-0.14 %||May 13|
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