At first, Morales’ economic legacy seems impressive. Bolivia’s economic freedom score is 42.7, making its economy the 172nd freest in the 2021 Index. The last Article IV Executive Board Consultation was on November 9, 2018. Tax fraud: prison sentence of 3 to 6 years, and a fine of 100 percent of the unpaid taxes, adjusted for inflation… Near-term outlook. Listed below are items related to Bolivia. Definition of Inflation rate (consumer prices): This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices. There is a floating exchange rate. The Central Bank of Bolivia regulates and provides the exchange rates. Inflation is a positive value in the inflation rate and means a general decrease in purchasing power for the domestic currency in the country in question and a general increase in prices of goods and services compared to the currency ... Bolivia: 5.72 5.78 4.06 3.63 2.82 Global growth is projected at −4.4 percent in 2020, a less severe contraction than forecast in the June 2020 World Economic Outlook (WEO) Update. More broadly, Bolivia’s next president will have to take actions to narrow the fiscal deficit and to redress the external accounts. This was twice the rate of growth for the Latin American and Caribbean region. This statistic shows the average inflation rate in Bolivia from 1985 to 2019, with projections up until 2025. Bolivia ended 2019 with annual inflation of 1.47%, well below the official projection of 3.5%, due to food price stability, the National Statistics Institute (INE) reported late Monday. Fiscal and monetary reform reduced the inflation rate to single digits by the 1990s, and in 2004 Bolivia experienced a manageable 4.9 percent rate of inflation. Data cited at: World Economic Outlook, October 2020, The International Monetary Fund. Annual inflation, meanwhile, averaged 5.5%. At one time in 1985 Bolivia experienced an annual inflation rate of more than 20,000 percent. Bolivia’s economy has undergone structural economic transformation during Evo Morales’s presidency. From 2006, the year he took office, through 2018, GDP growth averaged 4.9%, according to World Bank data. Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of December 1, 2020 The revision reflects better-thananticipated second quarter GDP outturns, mostly in advanced economies, where activity … During the observation period from 1979 to 2019, the average inflation rate was 351.2% per year. The Laspeyres formula is generally used. In 2019, the average inflation rate in Bolivia amounted to about 1.84 percent compared to the previous year. Its overall score has decreased by 0.1 point, primarily because of a decline in trade freedom. ... adjusted for inflation. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. Even as The inflation rate for consumer prices in Bolivia moved over the past 40 years between 0.9% and 11,749.6%. For 2019, an inflation rate of 1.8% was calculated. Real (inflation-adjusted) per capita GDP grew by more than 50 percent over these past 13 years. Exports – Goods. Bolivia. Inflation has plagued, and at times crippled, the Bolivian economy since the 1970s. … Bolivia inflation rate for 2019 was 1.84%, a 0.43% decline from 2018. Inflation, consumer prices (annual %) International Monetary Fund, International Financial Statistics and data files. International Supplies of Goods and Services. 1.84 %, according to World Bank data seems impressive Board Consultation was on November 9, 2018 2018 GDP. 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