Bolivia — Sovereign Signal
BT-SFS 23.5/100 · CCC · 522bps over Treasuries
Score and market snapshot
Bolivia trades 110bps wide of its fundamentals fit (fitted spread 412bps).
| Field | Value |
|---|---|
| BT-SFS | 23.5 / 100 |
| Rank | 45 of 51 |
| Composite rating | CCC |
| Agency ratings | Moody's Caa2 · S&P CCC+ · Fitch CCC |
| Benchmark USD bond | BOLIVI 9.45 31 |
| Spread over Treasuries | 522bps |
| Yield to worst (S.A.) | 10.18% |
| Duration | 3.5y |
Pillar scores
| Pillar | Score (0-100) |
|---|---|
| Fiscal | 26.2 |
| External | 0.0 |
| Macro | 27.8 |
| Institutions | 35.0 |
The ten metrics behind the score
| Metric | Pillar | Raw value | Score | Source | Year |
|---|---|---|---|---|---|
| Reserves, months of imports | External | 0.5 mo | 0.0 | World Bank | 2025 |
| General government debt / GDP | Fiscal | 102.7% | 0.0 | IMF | 2026 |
| FX public debt / GDP | Fiscal | 29.8% | 50.0 | IMF staff report / Eurostat | 2024–2026 |
| Net interest / revenue | Fiscal | 12.4% | 63.5 | IMF | 2025 |
| Primary balance / GDP | Fiscal | -9.0% | 0.0 | IMF | 2025 |
| Governance (WGI GE + RQ) | Institutions | 37.1 | 0.0 | WGI | 2025 |
| Inflation track record | Institutions | 6.0% | 87.5 | IMF | 1997–2026 (h=10) |
| Real GDP growth, centred 3-year | Macro | -2.3% | 0.0 | IMF | 2025–2026 |
| GDP per capita, USD | Macro | $6,333 | 53.4 | IMF | 2026 |
| Growth volatility, 10-year | Macro | 5.6pp | 12.1 | IMF | 2016–2025 |
Score history
Applying the current methodology to historical sources, Bolivia moves from 57.4 in 2016 to 23.5 in 2026 (-33.9 points over ten years).
Default and restructuring registry
No bond default or restructuring events in the registry window.
Frequently asked questions
What is Bolivia's sovereign credit score?
Bolivia scores 23.5/100 on the BT Sovereign Fundamentals Score, ranking 45 of 51 sovereigns covered. The score is built from ten public IMF and World Bank metrics across fiscal, external, macro, and institutions pillars.
Which Bolivia USD bond does BondTerminal track?
BOLIVI 9.45 31 (ISIN USP37878AF56), the near-5-year USD benchmark, currently 522bps over Treasuries with a 10.18% yield to worst (S.A.).
Is Bolivia trading wide or tight of its fundamentals?
Bolivia trades 110bps wide of its fundamentals fit (fitted spread 412bps).