Interest Rate in Bolivia

Bolivia Interest Rate | Economic News & Forecasts

Bolivia - Interest Rate

Recently-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

2013  2014  2015  2016  2017  
Policy Interest Rate (%)11.41  8.00  7.36  7.82  7.86  

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Bolivia Interest Rate Chart

Bolivia Interest Rate
Note: Prime Lending rate in %
Source: Bolivia Central Bank.

Bolivia Facts

Exchange Rate6.93-0.14 %Nov 13

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