Plurinational State of Bolivia
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2009-2010 , pp 135-140
- Publication Date: July 2010
- DOI: https://doi.org/10.18356/0defdd1f-en
- Language: English
In 2009, despite the international financial crisis, the economy of the Plurinational State of Bolivia continued to expand and both on external and fiscal accounts remained in positive territory. GDP grew by 3.4%, a rate 2.7 percentage points lower than in 2008. Prices rose by 0.26%. In the fourth quarter of 2009, the unemployment rate in the main cities1 stood at 7.4%. The non-financial public sector (NFPS) posted a surplus equivalent to 0.1% of GDP. The balance of payments registered a surplus of US$ 326 million, which represented a drop of some US$ 2.048 billion (86%) with respect to 2008. Net international reserves held by the central bank increased by US$ 858 million, totalling US$ 8.58 billion, well above the figure for 2008 (US$ 2.4 billion).
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