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 GIZ_IFP2012_Bolivia2.png.

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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