Macroeconomy/Finance

Bolivia’s economy to fall by 3.4% this year, according to the World Bank

The fall in the international hydrocarbons price, and the impact generated by the coronavirus pandemic, will lead the Bolivian economy to a contraction of 3.4% by this 2020; according to the World Bank’s report “The Economy in the Times of COVID-19”. The last time Bolivia recorded a drop below zero was in 1986 when the Gross Domestic Product (GDP) fell by 2.5%.

Source: Página Siete