1945

In 2008, Bolivia continued to show positive results in economic activity and external and fiscal accounts. GDP growth stood at 6.1%, 1.5 percentage points above the 2007 figure. For the fifth consecutive year, GDP grew by over 4%. The year closed with an inflation rate of 11.8%. The increase in economic activity translated into a drop in unemployment from 7.7% to 7%. The non-financial public sector (NFPS) posted a surplus equivalent to 3.2% of GDP and the balance of payments ended the year with a US$ 2.374 billion surplus. Net international reserves held by the central bank increased by US$ 2.403 billion.

Related Subject(s): Economic and Social Development
Countries: Bolivia
/content/books/9789210549127s005-c009
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