Macroeconomic Forecast Bolivia

May 2007 | Macroeconomic Forecasts

BMI View: Devastating floods in February, which wiped out crops and livestock and damaged infrastructure, led the government to revise down its 2007 growth forecast from 7% to 6%. While we are still upbeat regarding the Bolivian economy we feel that an annual growth rate of 4% is a more likely scenario given the setback caused by the flood damage and slowing domestic demand. Our growth forecast reflects an upward revision from 3%, on the strength of the 2006 growth figure of 4.6%.

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