Fuel Prices Bolivia

Part of: GIZ International Fuel Price database

Fuel Pricing Policies

Local Currency:	BOB
Exchange Rate:	6.88 (2010/11/17)
Last Update:

• Bolivia is net-importer of fossil fuels from Venezuela and Argentina
• Fuels are sold subsidized
• Prices are heavily regulated
• Price gaps to neighbouring countries enforces smuggling
• Low revenue for oil producers (27 USD per barrel) leads to underinvestment

Agencies:

Ministry of Energy and Mines (MEM) and the Ministry of Finance: Publishes on its web site the variations in average prices to the public of oil products.

Source and further information: http://uneprisoe.org/Pricing/FuelPricingPolicies.pdf

Fuel Prices and Trends

	Gasoline 95 Octane	Diesel
in USD*
in Local Currency

* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil

Fuel Price Composition

Price composition as of 32202/01/01.

Source: example to estimate %-values for each component

http://uneprisoe.org/Pricing/FuelPricingPolicies.pdf pages 15-18

http://www.tmf-vat.com/international-vat-rates-2010/94-bolivia-vat-rate.html

At a Glance

Regulation-Price-Matrix	Transparency of Price Composition Transparency of Pricing Mechanism / Monitoring

Sources to the Public

Type of Information	Web-Link / Source
Other Information	http://www.bcb.gov.bo/ (Central Bank of Bolivia)
Other Information	http://www.cbli.org.bo (Bolivian Chamber of Hydrocarbons)
Other Information	http://www.bolivia-industry.com (National Chamber of Industry)
Pump prices and margins	http://www.hidrocarburos.gob.bo/MHE2012/

Contact

Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices

This is a living document. If you have any comments or suggestions, please feel free to contact us: Armin.Wagner@giz.de

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