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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. 

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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

Star Wars Movie Heroes Hasbro 2013 JANGO FETT MH06 NEW - Yoda Canadian Carded
Mini Cute Pig Animal Set 6 Models Garage Kit Funny Figure Collectible Toys New (% real change)
MINI MIT KABINE ARCADE1UP SCHRANK 122 CM ARCADE GAME RAMPAGE DEFENDER VIDEOGAME
= 2019
Star wars NEW HOPE potf ACTION FIGURE lot TUSKEN LUKE HAN LANDO OBI WAN 1997 G63 = 2020
Private consumption
2019=4.6, 2020=3.8
Star Wars Obi Wan Kenobi Mega Collectible Darth Maul Deluxe & Jedi Duel + Watto Government consumption
2019=6.0, 2020=2.5
Gross fixed investment
Minion Dancing Stuart Interactive Despicable Me Toy Figure 2015 20cm New Boxed 2019=4.4, 2020=3.5
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Exports of goods & services
STAR WARS original slipmat stormtrooper darth vader version limited edition 2019=4.0, 2020=1.8
Imports of goods & services
2019=3.6, 2020=1.5
MINT 2000 Flitter The Butterfly Teenie Beanie Baby UNOPENED Source: The Economist Intelligence Unit