Bolivia's Gdp Grew 0.7% in 2024 Injured by Protests
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Bolivia reported a growth of 0.73% of its gross domestic product (GDP) in 2024, which is attributed mainly to roadblocks carried out by sectors related to ex-mandatario Evo Morales, reported on Friday the state National Institute of Statistics (INE). The director of the INE, Humberto Arandia, mentioned that roadblocks affected "keyly and directly all the logistics of the productive sector" and prevented fuels from reaching cities and the country…
Outside the year of the pandemic in 2020, when there was a decline of -8%, there had been no growth less than 1% per year of GDP since 1999 when it reached 0.4%.
The economy closed 2024 with an accumulated growth of 0.73%, marked by social conflicts, prolonged blockades and climatic factors. The crude oil and natural gas sector recorded a drastic fall of -13.41%, being one of the hardest hit areas of the year.
Bolivia's economy grew by 2024 0.73%, weighed down by the roadblocks of former President Evo Morales' supporters and a prolonged fall in hydrocarbon production, the state's National Institute of Statistics (INE) reported on Friday.The South American country, which on August 17 will elect a new president, is experiencing an acute economic crisis due to a lack of dollars, due to the continued reduction in its gas exports since 2017, which was once…
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