The accumulated inflation in Bolivia reached 5.95% between January and April 2025, according to data released by the National Institute of Statistics (INE). This way, the accumulated figure for the first four months reaches its highest level in 17 years.
The Bolivian government had estimated an annual inflation of 7.5%, so the country has already consumed almost 80% of that projection in just four months. Additionally, the year-on-year inflation reached 2.29%, reflecting an upward trend, especially in food and beverage prices.
According to the INE report, the products that contributed the most to the increase were onions, beef, eggs, cheeses, and shampoo.
This price increase occurs in the context of a severe economic crisis characterized by foreign currency shortages and episodes of fuel shortages, factors that have complicated the transportation and importation of goods, directly impacting costs. Added to this is the emergence of a parallel currency market, where the dollar is traded at more than double the official exchange rate, which also affects the cost of living.
In 2024, Bolivia closed with an accumulated inflation of 9.97%, the highest figure since 2008, and well above the official target of 3.6%, practically tripling it.
