Balance of Payments: Current account balance (credit less debit) for Bolivia
BOLBCAGDPBP6 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.03
Year-over-Year Change
-276.57%
Date Range
1/1/1980 - 1/1/2026
Summary
This economic trend measures Bolivia's current account balance, which is the difference between the country's exports and imports of goods, services, and capital. It is an important indicator of a nation's international economic position.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The current account balance represents the net amount of transactions between Bolivia and the rest of the world. A surplus indicates that the country is a net lender to the global economy, while a deficit suggests it is a net borrower.
Methodology
The data is collected by the Bolivian Central Bank through surveys and administrative records.
Historical Context
Economists and policymakers use the current account balance to assess a country's international competitiveness and sustainability of its external position.
Key Facts
- Bolivia has run a current account deficit since the early 2000s.
- The deficit reached a high of 6.5% of GDP in 2014.
- Hydrocarbons account for over 50% of Bolivia's exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures Bolivia's current account balance, which is the difference between the country's exports and imports of goods, services, and capital.
Q: Why is this trend relevant for users or analysts?
A: The current account balance is an important indicator of Bolivia's international economic position and competitiveness. It helps economists and policymakers assess the sustainability of the country's external sector.
Q: How is this data collected or calculated?
A: The data is collected by the Bolivian Central Bank through surveys and administrative records.
Q: How is this trend used in economic policy?
A: Economists and policymakers use the current account balance to evaluate Bolivia's international competitiveness and the sustainability of its external position, which informs economic and trade policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of the Bolivian Central Bank's reporting, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, Balance of Payments: Current account balance (credit less debit) for Bolivia (BOLBCAGDPBP6), retrieved from FRED.