Bolivia: Technical Assistance Report-Quarterly National Accounts Mission (July 21–28, 2025)

Summary

[Please note this report is only available in Spanish] The IMF's Statistics Department assisted Bolivia's National Institute of Statistics (INE) in updating the quarterly national accounts, introducing a new base year of 2017 to improve the accuracy and timeliness of key economic indicators such as quarterly GDP. This partnership involved both virtual and in-person collaboration from late 2024 and throughout 2025, covering all steps from data selection to the analysis of preliminary results. The mission assisted INE in developing a new compilation framework, aligned with international best practices and the 2017 Quarterly National Accounts Manual guidelines, leveraging the annual accounts infrastructure to implement methodological improvements like chain linking. INE will continue to release updated statistics during the third quarter of 2025 to keep the public and policymakers informed about Bolivia's economic trends. To ensure transparency, INE will publish methodological notes, an advance release calendar, and a formal revision policy, adhering to international standards for statistical dissemination. Regular revisions of the latest figures are recognized as a key part of the statistical process. The mission was funded by the Data for Decision (D4D) Fund.

Keywords: Benchmarking techniques, Bolivia, Chain linking, GDP, GDP by Expenditure, GDP by production, Monthly index of economic activity., Rebasing, Revision policy