Inflation Bolivia 2024
Average inflation: 5.1%
Current Inflation
Inflation is very high at 5.1%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 10.0%. The lowest inflation was in January at 1.9%.
- Highest month
- December: 10.0%
- Lowest month
- January: 1.9%
- Difference
- 8.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 7.7%. The lowest price increase was in Energy with an average of 1.3%.
- Highest increase
- Food: 7.7%
- Lowest increase
- Energy: 1.3%
Historical Context
Current inflation is 2.9% higher than the 5-year average of 2.2%.
- 5-year average
- 2.2%
- 10-year average
- 2.6%
- All-time high (2008)
- 14%
- All-time low (2021)
- 0.8%
Trend
Inflation shows an upward trend. Compared to 2023, inflation has risen by +2.5 percentage point.
- Change vs. previous year
- +2.5 percentage points
- Largest monthly swing
- November: +7.9 percentage points
ECB Target
Inflation is 3.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €105.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | 1.9% | -1.2 |
| February | 2.5% | -0.1 |
| March | 3.1% | +0.6 |
| April | 3.5% | +0.8 |
| May | 3.5% | +0.6 |
| June | 3.8% | +1.1 |
| July | 4.0% | +1.3 |
| August | 5.2% | +2.1 |
| September | 6.2% | +3.4 |
| October | 7.9% | +5.8 |
| November | 9.5% | +7.9 |
| December | 10.0% | +7.9 |
| Average | 5.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.