## Bolivia: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bolivia

_IMF Staff Country Reports, December 22, 2016_

## Source details

**Canonical URL:** [Bolivia: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bolivia](https://www.imf.org/en/publications/cr/issues/2016/12/31/bolivia-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-44479)

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## Bibliographic details
- Published: December 22, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475561982.002

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### Summary findings
- Bolivia experienced substantial economic and social progress, boosted by the commodity boom.
- Growth has been strong, averaging about 5 percent since 2006.
- Poverty has fallen by a third.
- Authorities built up sizable buffers and largely dedollarized the financial system.
- Real GDP growth is projected at 3.7 percent in 2016.
- In the medium term, growth is expected to converge toward 3.5 percent, consistent with the new commodity price normal.
- Persistent twin deficits are noted as an ongoing structural issue.

### Key economic indicators and trends
- Real GDP growth: projected at 3.7 percent in 2016.
- Medium-term growth projection: converge toward 3.5 percent.
- Historical growth average: about 5 percent since 2006.
- Poverty reduction: fallen by a third.
- Financial system: largely dedollarized.
- Fiscal/sectoral condition: sizable buffers built; persistent twin deficits.

### Analytical context
- The report links Bolivia’s advances in growth and poverty reduction to the commodity boom.
- The medium-term outlook reflects adjustment to a "new commodity price normal."
- Despite solid growth by regional standards in 2016, structural vulnerabilities remain via twin deficits.

### Thematic coverage (as listed)
- Banking
- Commodity prices
- Credit
- Economic sectors
- Money
- National accounts
- Prices
- Public debt
- Public sector

*Source: Bolivia: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Bolivia (December 22, 2016).*

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/bolivia-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-44479_