Interest Rate in Bolivia
Bolivia - Interest RateRecently-released GDP data revealed the economy maintained robust momentum in Q2, with year-on-year growth holding steady at Q1’s 4.4%. The second-quarter expansion was underpinned by strong private consumption and buoyant exports, which rose at the fastest clip in over three years thanks to higher shipments of zinc and natural gas. Available data also indicates that upbeat activity carried over into Q3. Healthy growth of remittances through August coupled with reduced inflationary pressures likely propped up household spending in the quarter. Meanwhile, on the external front, sturdy growth of export revenues in July and August, largely thanks to higher prices for hydrocarbons and minerals, contributed to a significant reduction of the year-to-date trade deficit from a year earlier.
Bolivia - Interest Rate Data
|Policy Interest Rate (%)||11.41||8.00||7.36||7.82||7.86|
5 years of economic forecasts for more than 30 economic indicators.
Bolivia Interest Rate Chart
Source: Bolivia Central Bank.
|Exchange Rate||6.93||-0.14 %||Nov 13|
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