Unemployment in Bolivia

Bolivia Unemployment | Economic News & Forecasts

Bolivia - Unemployment

Data for the first quarter of the year paints a mixed economic picture, after growth softened in Q4 2018. On the one hand, remittances declined significantly year-on-year throughout the quarter, which will have weighed on private consumption. In addition, merchandise exports also fell due to lower minerals and gas shipments, while imports increased, weighing on headline growth and the trade deficit. On the other hand, the minister of economy recently declared that, aside from the hydrocarbon industry, sectoral economic data indicated growth remained robust. In other news, state oil firm YPFB recently closed large long-term contracts to supply natural gas to a major fertilizer producer and thermoelectric plant in Brazil. The firm is also reportedly planning to acquire a larger stake in the Bolivia-Brazil Gasbol pipeline from Petrobras.

Bolivia - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate4.0  3.5  4.4  4.0  -     

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Bolivia Unemployment Chart

Bolivia Unemployment
Note: Unemployment in % of active population.
Source: National Statistical Institute and FocusEconomics calculations.

Bolivia Facts

Exchange Rate6.92-0.14 %Jul 31

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