Finance

Bolivia’s external debt dropped to 23.5% of GDP

Bolivia’s external debt dropped to 23.5% of the Gross Domestic Product (GDP) by April this year, announced the Economy Ministry.  By the end of 2018, Bolivia’s external debt represented 25.1% of its GDP. The total amount of the debt grew from $4.9 billion in 2005 to $10.3 billion by the end of April 2019. In the same period, Bolivia’s GDB grew from $9.6 billion to $40.6 billion.

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Source: Eju!

Categories:Finance