Government Spending in Bolivia increased to 1553843.72 BOB Thousand in the second quarter of 2024 from 1366287 BOB Thousand in the first quarter of 2024. Government Spending in Bolivia averaged 915482.80 BOB Thousand from 1990 until 2024, reaching an all time high of 1953604.00 BOB Thousand in the fourth quarter of 2023 and a record low of 334126.00 BOB Thousand in the first quarter of 1991. source: Instituto Nacional de Estadística de Bolivia

Government Spending in Bolivia is expected to be 1418206.00 BOB Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bolivia Government Spending is projected to trend around 1683869.00 BOB Thousand in 2026 and 1751224.00 BOB Thousand in 2027, according to our econometric models.




Related Last Previous Unit Reference
Credit Rating 20.00 Jan 2025
Fiscal Expenditure 18281.11 9440.66 BOB Million Dec 2023
Government Budget -7.49 -7.30 percent of GDP Dec 2023
Government Budget Value -11046.46 -3301.85 BOB Million Dec 2023
Government Debt to GDP 80.80 80.00 percent of GDP Dec 2023
Government Revenues 9518.38 8950.93 BOB Million Dec 2023
Government Spending 1553843.72 1366287.00 BOB Thousand Jun 2024
Holidays
Military Expenditure 644.30 429.40 USD Million Dec 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
1553843.72 1366287.00 1953604.00 334126.00 1990 - 2024 BOB Thousand Quarterly
1990=100, NSA