President of Bolivia
Head of state and government of Bolivia / From Wikipedia, the free encyclopedia
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The president of Bolivia (Spanish: Presidente de Bolivia), officially known as the president of the Plurinational State of Bolivia (Spanish: Presidente del Estado Plurinacional de Bolivia), is head of state and head of government of Bolivia and the captain general of the Armed Forces of Bolivia.
President of the Plurinational state of Bolivia | |
---|---|
Presidente del Estado Plurinacional de Bolivia | |
Style | The Most Excellent[1] (Formal) His Excellency (Diplomatic) |
Status | Head of state Head of government |
Residence | Casa Grande del Pueblo |
Seat | La Paz |
Nominator | Plurinational Electoral Organ |
Appointer | Direct popular vote (two rounds if necessary) |
Term length | Five years, renewable once consecutively[2][3] |
Inaugural holder | Simón Bolívar |
Formation | 11 August 1825 |
First holder | Simón Bolívar Evo Morales[lower-alpha 1] |
Deputy | Vice President of Bolivia |
Salary | 24,251 bolivianos/US$3,561 per month[4] |
Website | www.presidencia.gob.bo |
According to the Bolivian Constitution, the president is elected by popular vote to a five-year term with no limit on the number of terms a president may serve.[5] If no candidate wins a majority (defined as either more than 50%, or alternatively at least 40% and at least 10% more than the second-place candidate), the top two candidates advance to a runoff election.
Luis Arce is the 67th and incumbent president of Bolivia. He assumed office on 8 November 2020.