The volume of real estate transactions reduced to 10% of the level it was before the health emergency in the country. The impact was mainly on sales, while the effect on rentals was severe, but not as significant.
Day: Jun 2, 2020
Gold exports reached $446mn from January to April
In 2017 Bolivia exported a total of 37 tons, worth US$ 1,073.7 million; in 2018 it sold 40 tons for over US$ 1,170.8 million; in 2019 it shipped 51 tons for US$ 1,743.2 million. Between January and April this year, almost 12 tons were exported for $446 million. The data shows that there are two export items: gold ores and their concentrates; and the other forms of raw gold, which is about 90% exported.
Exports drop 61% in April, reaching $238mn
In April, the volume of exports fell by 61% compared to March, while imports fell by 50% compared to the third month of the year. Shipping in April amounted to $238 million, while imports reached $283 million, resulting in a $ 45 million deficit. The most significant drops in exports were in minerals (-36%), agriculture and livestock (-15%) and natural gas (-8%).
Microcredit loans reached $7.7bn until March 2020
Until March 2020, Microcredit has a share of 29.4% ($7.7 bn) of all loans granted by financial institutions ($26.33 bn). This figure is higher than housing loans, which have 26.6% ($7 bn), and business credit ($5.6 bn).
Business owners report loss of $ 172.4 mn
The Federation of Private Business Entities of Cochabamba (FEPC) reported the loss of 1.2 billion bolivianos ($172.4mn) throughout the department due to the 70-day break dictated by the quarantine to contain the coronavirus. Cochabamba will have negative growth of -2.2 % this year.
Bolivia Económica 