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Map of Bolivia

In brief

The general election is scheduled for October 20th and president, Evo Morales, of the left-wing Movimiento al Socialismo who is seeking a fourth term, will face a close contest. Growth will average 4.1% in 2019-23, with the business environment hindered by interventionist policies and an overvalued currency. Higher public spending and a substantial current-account deficit will weigh on the fiscal balance and the large stock of foreign reserves, requiring some adjustments. 

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Economic growth

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Economic growth
(% unless otherwise indicated)
2018 2019 2020
US GDP 2.9 2.2 1.7
OECD GDP 2.2 1.7 1.6
World GDP 2.9 2.6 2.6
World trade 4.4 3.3 2.9
Source: The Economist Intelligence Unit

Expenditure on GDP

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Reel Metal Large Spinning Fishing Long Shot Wheel 12 1 Spinfisher Sea Saltwater (% real change)
Spiderwire Stealth Braided Fishing Line 300m Spool Braid -blueE CAMO - 20LB Size
= 2019
Daiwa DSPM-KIT-3 Ultimate Salt Pro Minnow Kit - 5 Piece = 2020
Private consumption
2019=4.6, 2020=3.8
Xesta T-shirt Jigging Original Merchandise White M (3986) Government consumption
2019=6.0, 2020=2.5
Gross fixed investment
Canna da pesca Lineaeffe telescopica carbonio mare fiume lago mare e surfcasting 2019=4.4, 2020=3.5
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Exports of goods & services
DEPS GULKHA KNIFE 4.7 oz Metal Ketabass New 2019=4.0, 2020=1.8
Imports of goods & services
2019=3.6, 2020=1.5
Balzer Alegra AX 3250 3400 3500 BR Freilaufrolle Freerunner NEW Freillauf Rolle Source: The Economist Intelligence Unit