Government Spending in Bolivia increased to 1566821 BOB Thousand in the third quarter of 2019 from 1464345 BOB Thousand in the second quarter of 2019. Bolivia Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Bolivia averaged 816552.16 BOB Thousand from 1990 until 2019, reaching an all time high of 1607705 BOB Thousand in the fourth quarter of 2018 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. source: Instituto Nacional de Estadística de Bolivia

Government Spending in Bolivia is expected to be 1309744.00 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 1626360.00 in 12 months time. In the long-term, the Bolivia Government Spending is projected to trend around 1686536.00 BOB Thousand in 2021 and 1752310.00 BOB Thousand in 2022, according to our econometric models.

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Bolivia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
1566821.00 1464345.00 1607705.00 334126.00 1990 - 2019 BOB Thousand Quarterly
1990=100, NSA

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.