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Country Report Bolivia

  • ID: 2101524
  • Country Profile
  • November 2020
  • Region: Bolivia
  • 28 Pages
  • The Economist Intelligence Unit
Following a decisive victory in the October presidential election, Luis Arce of the left-wing Movimiento al Socialismo (MAS) party, a former finance minister, will take office on November 8th. A MAS majority in the National Assembly will support governability.

Mr Arce will retain the MAS state-led development model, but The Economist Intelligence Unit expects him to be pragmatic in tackling structural fiscal and currency imbalances. The need for unpopular policymaking will keep the risk of renewed political instability high.

After swelling to an estimated 12.3% of GDP in 2020, we expect the fiscal deficit to narrow gradually, to 2% of GDP by 2025, amid gradual fiscal adjustments and economic recovery. Some fiscal loosening will continue in 2021, but consolidation will come to the fore in 2022.
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Country Report Bolivia

Briefing sheet
Political and economic outlook
Key changes since October 6th
The month ahead
Major risks to our forecast

Outlook for 2021-25: Political stability

Outlook for 2021-25: Election watch

Outlook for 2021-25: International relations

Outlook for 2021-25: Policy trends

Outlook for 2021-25: Fiscal policy

Outlook for 2021-25: Monetary policy

Outlook for 2021-25: International assumptions

Outlook for 2021-25: Economic growth

Outlook for 2021-25: Inflation

Outlook for 2021-25: Exchange rates

Outlook for 2021-25: External sector

Outlook for 2021-25: Forecast summary

Data and charts: Annual data and forecast

Data and charts: Quarterly data

Data and charts: Monthly data

Data and charts: Annual trends charts

Data and charts: Monthly trends charts

Data and charts: Comparative economic indicators

Basic data
Land area
Main towns
Weather in La Paz (altitude 3,640 metres)
Public holidays

Political structure
Official name
Form of state
The executive
Head of state
National legislature
Regional administration
Legal system
National elections
National government
Main political organisations
Key ministers
Central bank president
Note: Product cover images may vary from those shown