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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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Snowboard All Mountain ROSSIGNOL DISTRICT LTD + BATTLE M L 2019 (% real change)
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= 2019
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Private consumption
2019=4.6, 2020=3.8
MEN CAPITA HORRORSCOPE SNOWBOARD 145 BRAND NEW SNOWBOARD 2019 145CM HORROR SCOPE Government consumption
2019=6.0, 2020=2.5
Gross fixed investment
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2019 Womens Rome Royal Snowboard 144
Exports of goods & services
Thirtytwo Lashed Double Boa Snowboard Stiefel - black - Eur 43 2019=4.0, 2020=1.8
Imports of goods & services
2019=3.6, 2020=1.5
Salomon Scrambler HOT Skis 150cm S912Ti Bindings + Sportube Series 1 Travel Case Source: The Economist Intelligence Unit