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Economy & Business - June 2025
BOLIVIA: IMF raises concern over perilous state of economy
The International Monetary Fund (IMF) published the findings of its latest Article IV consultation with Bolivia on 30 May, expressing deep concern about the trajectory of the economy. Real GDP growth stood at 2.1% in the first three quarters of 2024, down from 3.1% in 2023. This is partly due to an ongoing decline in hydrocarbons production – an issue that has been impacting the country for several years – as well as a drop in the production of soy crops and related manufacturing due to the effects of the El Niño climate phenomenon. The economy has also been negatively impacted by road blockades which partially sprung up in protest at fuel shortages, which in turn were worsened by critically low international reserves that have impeded fuel imports.
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