Return to political stability amid bleak recovery prospects

D4

HIGH RISK

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

The country risk assessments are your North Star metrics to make the right decision for your business and understand the risks in international trade. We have always the best solution for your needs

Swipe to view more

GDP USD 41bn (World ranking 92, World Bank 2019)
Population 11.5mn (World ranking 79, World Bank 2019)
Form of state Presidential republic
Head of government Luis Arce (President)
Next elections 2025 - General
  • Valuable natural resources, especially in the key sectors of hydrocarbons and mining
  • Large, but dwindling amount of foreign exchange reserves
  • Improving currency autonomy
  • Lack of economic diversification, overreliance on the commodity sector (mainly petroleum gas and zinc ore)
  • Declining but still high inequality and elevated level of poverty especially in rural areas of the country
  • Landlocked country with underdeveloped roads and infrastructure
  • Threat of (re)nationalization and expropriation
  • Weak business environment

Trade structure by destination/origin

(% of total)

Exports Rank Imports
Brazil 19%
1
18% Brazil
United States 12%
2
17% China
Argentina 11%
3
15% Chile
Colombia 9%
4
12% Argentina
China 7%
5
7% Peru

Trade structure by product

(% of total)

Exports Rank Imports
Gas, natural and manufactured 35%
1
14% Road vehicles
Metalliferous ores and metal scrap 23%
2
8% Other industrial machinery and parts
Gold, non-monetary (excluding gold ores and concentrates) 10%
3
8% Specialised machinery
Feedstuff for animals (excluding unmilled cereals) 5%
4
6% Iron and steel
Non-ferrous metals 5%
5
5% Petroleum, petroleum products and related materials
Popular Risk Reports: Americas

Popular Risk Reports: Europe

Popular Risk Reports: Asia Pacific

Popular Risk Reports: Middle East