1985 Bolivian general election

Since 1982, the country had undergone an economic crisis as Bolivia's hyperinflation reached the fourth largest ever recorded in the world. The incumbent President Hernán Siles Zuazo faced little support from Congress and debilitating strikes led by Juan Lechín. Under pressure from Congress, Siles ultimately allowed general elections to be moved forward by one year, thus shortening his own constitutional mandate.[3]

The new elections, set for 14 July 1985, were the first to be held since the country's transition back to democracy in October 1982. The previous elections had been held in 1980 but were annulled by a military coup led by General Luis García Meza. As a result, a total of 18 political parties were on the ballot, the largest number out of any election in Bolivian history.[4] Former presidents Víctor Paz Estenssoro and Hugo Banzer presented themselves as candidates for the ADN and MNR. For Paz Estenssoro, this was his eighth presidential bid and the fourth since he was last elected in 1964 while this was Banzer's third campaign in a row since 1979.

On 14 December 1984, given the dire situation of the current government, Jaime Paz Zamora resigned his position as Siles' vice president to run for president. As such, the Revolutionary Left Movement (MIR) left its governing alliance with Siles' Leftwing Revolutionary Nationalist Movement (MNRI) and joined the opposition. Further splintering in the MNRI also saw members of the peasant sector split from the MNR and form the Leftwing Revolutionary Nationalist Movement-1 (MNRI-1). Nevertheless, the MNRI still opted to present Roberto Jordán Pando as their presidential candidate.

The result saw Hugo Banzer of the ADN win the popular vote by 32.83%, 2.8 points ahead of Víctor Paz Estenssoro. The popular vote victory of Hugo Banzer was a testament to the gradual erosion of popularity of the opposition as well as to Paz Estenssoro's continued inability to win a majority of voters (since 1978 he had consistently reached either second or third place). Discontent with the economic management of the left-wing and constant strikes from trade unions (traditionally affiliated with the left) produced a rightward shift in the electorate.

Paz Zamora's position in third place at 10.18% was notable as it established his party as one of the three top political forces in the country and validated the MIR's decision to split with the MNRI. For the MNRI, the result was catastrophic. At just 5.48%, the incumbent was relegated to a minor political party. For the remaining 14 minor parties, the results demonstrated that regardless of the number of candidates, the population would mostly vote on only three to four viable parties leaving the rest with little political power.[4]

Party		Presidential candidate	Votes	%	Seats
					Chamber	+/–	Senate	+/–
	Nationalist Democratic Action	Hugo Banzer	493,735	32.83	41	+17	10	+4
	Revolutionary Nationalist Movement	Víctor Paz Estenssoro	456,704	30.36	43	–	16	–
	Revolutionary Left Movement	Jaime Paz Zamora	153,143	10.18	15	–	1	–
	Leftwing Revolutionary Nationalist Movement	Roberto Jordán Pando	82,418	5.48	8	–	0	–
	Revolutionary Nationalist Movement–Vanguard	Carlos Serrate Reich	72,197	4.80	6	New	0	New
	Socialist Party-1	Ramiro Velasco Romero	38,786	2.58	5	–5	0	–1
	United People's Front	Antonio Araníbar Quiroga	38,124	2.53	4	–	0	–
	Revolutionary Liberation Movement Tupaq Katari	Jenaro Flores Santos	31,678	2.11	2	New	0	New
	Christian Democratic Party	Luis Ossio	24,079	1.60	3	–	0	–
	Bolivian Socialist Falange	David Añez Pedraza	19,985	1.33	3	0	0	0
	Tupac Katari Revolutionary Movement	Macabeo Chila Prieto	16,269	1.08	0	New	0	New
	Revolutionary Workers' Party	Guillermo Lora	13,712	0.91	0	New	0	New
	Popular Civic Action	Raúl Catacora Cordova	12,918	0.86	0	New	0	New
	Leftwing Revolutionary Nationalist Movement – 1	Francisco Figueroa	11,696	0.78	0	–	0	–
	United Left	Isaac Sandoval Rodríguez	10,892	0.72	0	New	0	New
	Progressive National Force	Luis Fernando Mostajo	9,635	0.64	0	New	0	New
	Revolutionary Humanist Action	Juan Santa Cruz	9,420	0.63	0	New	0	New
	National Renewal Alliance	Humberto Cayoja Riart	8,665	0.58	0	New	0	New
Total			1,504,056	100.00	130	0	27	0
Valid votes			1,504,056	87.02
Invalid/blank votes			224,309	12.98
Total votes			1,728,365	100.00
Registered voters/turnout			2,108,458	81.97
Source: Nohlen

• Bolivian National Congress, 1985–1989

• Gisbert, Carlos D. Mesa (2003). Presidentes de Bolivia: entre urnas y fusiles : el poder ejecutivo, los ministros de estado (in Spanish). Editorial Gisbert.