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Politics | May 7th 2019
Politics | March 28th 2019
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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.
Featured analysis
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Economy | May 9th 2019
Current-account deficit remains large in 2018
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International pressure brought to bear on election
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The election will be the most divisive in over a decade and there is a risk of political violence erupting.
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Economic growth
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(% 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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LEC USA 2000 MTA New York City Subway Battery Operated Train Set, FREESHIP (% real change)
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= 2019
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Origin of GDP
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Cavalieri Dello Zodiaco ANDROMEDA LA NOTTE Seconda Generazione MIB, 2000 Source: The Economist Intelligence Unit