Government Spending in Bolivia increased to 1637803 BOB Thousand in the fourth quarter of 2019 from 1566665 BOB Thousand in the third quarter of 2019.

Government Spending in Bolivia averaged 823376.12 BOB Thousand from 1990 until 2019, reaching an all time high of 1637803 BOB Thousand in the fourth quarter of 2019 and a record low of 334126 BOB Thousand in the first quarter of 1991. This page provides - Bolivia Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Bolivia Government Spending - values, historical data and charts - was last updated on August of 2020. source: Instituto Nacional de Estadística de Bolivia

Government Spending in Bolivia is expected to be 1472665.00 BOB Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Bolivia to stand at 1654181.00 in 12 months time. In the long-term, the Bolivia Government Spending is projected to trend around 1620811.00 BOB Thousand in 2021 and 1658089.00 BOB Thousand in 2022, according to our econometric models.

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Bolivia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
1637803.00 1566665.00 1637803.00 334126.00 1990 - 2019 BOB Thousand Quarterly
1990=100, NSA

Bolivia Government Last Previous Highest Lowest Unit
Government Debt to GDP 57.70 53.80 89.80 35.30 percent [+]
Government Budget -7.20 -8.30 6.27 -8.30 percent of GDP [+]
Military Expenditure 598.00 574.00 750.00 45.40 USD Million [+]
Credit Rating 36.00 [+]
Government Budget Value -2560.47 -636.20 3902.73 -15404.27 Million BOB [+]
Government Revenues 6998.89 7816.11 13843.48 1159.21 Million BOB [+]
Government Spending 1637803.00 1566665.00 1637803.00 334126.00 BOB Thousand [+]
Fiscal Expenditure 8212.90 6435.40 19623.90 1134.84 Million BOB [+]

Bolivia Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.