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Country Economic Forecasts > Bolivia

  • March 2017
  • -
  • Oxford Economics
  • -
  • 8 pages

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Despite an outlook of relatively low commodity prices, we expect Bolivia to remain one of the fastest growing countries in the region. Growth should be supported by rapid credit growth, resilient private spending and strong real income gains. Nonetheless, the short-term risks remain skewed to the downside. Domestically, the effects of last year's drought may prove to be more severe than expected, while on the external front there is uncertainty regarding the renewal of the contracts selling gas to Brazil. We expect the economy to grow by 3.9% this year after a 3.7% expansion in 2016.

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