Bolivia is holding its highly anticipated presidential election on August 17, 2025, amidst a severe economic crisis that has led to widespread discontent among its citizens. The election has sparked intense interest, with many Bolivians hoping for a change in leadership to address the country’s economic woes. Right-wing candidates, including businessman Samuel Doria Medina and former President Jorge “Tuto” Quiroga, are vying for power, capitalizing on the public’s dissatisfaction with the ruling Movement Towards Socialism (MAS) party.
The economic crisis, marked by annual inflation of almost 25% and critical shortages of fuel and foreign exchange, has taken a toll on the country. Bolivians have repeatedly taken to the streets to protest against rocketing prices and long waits for basic necessities like fuel and bread. The crisis has weakened the left, creating an opportunity for right-wing candidates to seize power.
Doria Medina, a millionaire and former planning minister, has vowed to halt inflation and bring back fuel and dollars within 100 days if elected. Quiroga, who served as vice-president under ex-dictator Hugo Banzer and briefly as president, has promised radical reforms to Bolivia’s big-state economic model, including slashing public spending and opening the country to foreign investment.
The election outcome remains uncertain, with polls showing Doria Medina and Quiroga neck-and-neck, each with around 20% support. A run-off will take place on October 19 if no candidate wins an outright majority. The result will not only determine Bolivia’s next president but also shape the country’s future economic direction.
