Bolivian Appliance Prices Double as Economic Crisis Bites

Amidst Economic Crisis, Bolivian Appliance Prices Soar Bolivia is grappling with a significant economic crisis, and its effects are keenly felt in the everyday lives of its citizens. The rising cost of living is particularly evident in the price of home appliances, which have seen dramatic increases in recent months. A recent report by Red Uno highlights the startling price jumps, affecting local merchants and consumers alike. "From December 2024 to May 2025, the price of a refrigerator has more than doubled," stated Mercedes Quisbert, a merchant interviewed in the report. "It's become incredibly difficult to restock our merchandise because of the high cost of the dollar." The report details these price increases: a refrigerator costing 3,200 Bolivianos in December 2024 now costs 5,500 Bolivianos. Similarly, a television that cost 1,000 Bolivianos in December 2024 now sells for 1,900 Bolivianos. This price surge isn't limited to major appliances. Washing machines and microwaves have also experienced significant price hikes, forcing many small businesses to struggle to remain operational. The rising dollar and the resulting economic instability are creating hardships for both merchants and consumers. Despite the challenges, the resilience of Bolivian businesses is evident. Merchants continue to adapt and find ways to serve their communities, showcasing the strength of the local economy in the face of adversity.