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Economy of Albania vs Bolivia compared: GDP & Debt

Updated on by Georank

Albania has a GDP of $30.5B compared to $64.8B for Bolivia, ranking 113/197 and 88/197 by economy size, respectively.

Albania has $16.1B in government debt (52.6% of GDP), compared to $54.9B (84.8% of GDP) in Bolivia.

Albania vs Bolivia GDP by year

Albania
Bolivia
1x
Year GDP, current $
Albania Bolivia
2025 $30,540,188,271 $64,768,947,525
2024 $27,037,474,263 $54,881,327,453
2023 $23,491,242,727 $52,340,206,946
2022 $19,017,247,014 $50,959,081,954
2021 $18,031,989,573 $47,877,892,402
2020 $15,241,458,745 $42,313,784,081
2019 $15,585,111,614 $49,056,643,589
2018 $15,379,508,330 $48,414,038,842
2017 $13,258,268,436 $45,927,439,595
2016 $11,988,668,785 $33,941,126,194
2015 $11,470,171,827 $33,000,198,249
2014 $13,296,322,588 $32,996,188,017
2013 $12,796,985,886 $30,659,338,886
2012 $12,246,499,748 $27,084,497,482
2011 $12,973,755,875 $23,963,164,697
2010 $12,086,545,641 $19,649,723,722
2009 $12,335,540,656 $17,339,992,194
2008 $13,258,506,375 $16,674,276,286
2007 $11,116,937,870 $13,120,108,008
2006 $9,150,528,132 $11,451,844,902
2005 $8,256,658,250 $9,549,122,905
2004 $7,406,645,793 $8,773,451,752
2003 $5,801,712,040 $8,082,399,640
2002 $4,515,003,117 $7,905,485,146
2001 $4,059,064,033 $8,141,516,928
2000 $3,584,570,165 $8,397,855,485
1999 $3,283,941,510 $8,285,064,435
1998 $2,600,356,999 $8,497,494,652
1997 $2,293,666,030 $7,925,736,821
1996 $3,234,486,232 $7,396,949,126
1995 $2,905,092,799 $6,715,161,732
1994 $1,880,950,864 $5,981,222,859
1993 $1,185,315,468 $5,734,699,489
1992 $652,174,991 $5,643,868,749
1991 $1,099,559,028 $5,343,262,457
1990 $2,028,553,750 $4,867,582,598
1989 $2,253,090,000 $4,715,973,437
1988 $2,051,236,250 $4,597,612,362
1987 $2,080,796,250 $4,347,956,338
1986 $2,097,326,250 $3,959,382,833
1985 $1,897,050,117 $5,377,276,555
1984 $1,857,337,995 $6,169,483,225
1983 $1,881,412,587 $5,422,656,823
1982 $1,861,163,170 $5,594,126,369
1981 $1,808,177,156 $5,891,598,695
1980 $1,578,102,105 $4,537,479,608
1979 - $4,421,336,383
1978 - $3,758,220,890
1977 - $3,227,436,282
1976 - $2,731,984,008
1975 - $2,404,697,651
1974 - $2,100,249,875
1973 - $1,262,968,516
1972 - $1,257,615,645
1971 - $1,095,622,896
1970 - $1,017,003,367
1969 - $929,629,630
1968 - $857,912,458
1967 - $755,808,081
1966 - $669,191,919
1965 - $604,377,104
1964 - $544,023,569
1963 - $482,828,283
1962 - $448,400,673
1961 - $410,101,010
1960 - $377,020,202

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/albania/bolivia | CC BY

GDP per capita in Albania vs Bolivia by year

Albania
GDP per capita

GDP per capita, PPP
Bolivia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Albania Bolivia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $12,998 - $5,148 -
2024 $11,374 $26,702 $4,421 $12,878
2023 $9,741 $24,822 $4,275 $12,892
2022 $7,757 $22,138 $4,219 $12,307
2021 $7,242 $18,213 $4,011 $11,202
2020 $6,028 $16,288 $3,581 $9,581
2019 $6,069 $16,442 $4,203 $11,005
2018 $5,898 $15,055 $4,207 $10,758
2017 $5,006 $14,111 $4,048 $10,420
2016 $4,458 $13,056 $3,036 $9,242
2015 $4,200 $12,387 $2,996 $8,757
2014 $4,794 $11,788 $3,041 $8,629
2013 $4,543 $10,882 $2,870 $8,069
2012 $4,281 $10,609 $2,576 $7,184
2011 $4,466 $10,273 $2,316 $6,598
2010 $4,149 $9,755 $1,930 $6,245
2009 $4,214 $9,031 $1,731 $6,024
2008 $4,499 $8,469 $1,693 $5,890
2007 $3,743 $7,585 $1,355 $5,537
2006 $3,058 $6,753 $1,203 $5,244
2005 $2,742 $6,014 $1,020 $4,938
2004 $2,447 $5,595 $953 $4,663
2003 $1,909 $5,169 $893 $4,433
2002 $1,480 $4,840 $888 $4,304
2001 $1,326 $4,451 $930 $4,205
2000 $1,160 $3,978 $976 $4,113
1999 $1,056 $3,549 $979 $3,991
1998 $831 $3,086 $1,022 $3,988
1997 $729 $2,760 $970 $3,822
1996 $1,021 $3,054 $922 $3,645
1995 $911 $2,777 $853 $3,494
1994 $586 $2,385 $774 $3,331
1993 $367 $2,143 $757 $3,177
1992 $200.9 $1,899 $760 $3,036
1991 $337 $1,989 $734 $2,981
1990 $617 $2,656 $683 $2,797
1989 $698 - $675 -
1988 $653 - $673 -
1987 $675 - $650 -
1986 $694 - $604 -
1985 $640 - $838 -
1984 $639 - $982 -
1983 $662 - $882 -
1982 $668 - $930 -
1981 $663 - $1,001 -
1980 $591 - $788 -
1979 - - $785 -
1978 - - $683 -
1977 - - $600 -
1976 - - $520 -
1975 - - $468 -
1974 - - $418 -
1973 - - $257.2 -
1972 - - $261.9 -
1971 - - $233.4 -
1970 - - $221.6 -
1969 - - $207.1 -
1968 - - $195.5 -
1967 - - $176.1 -
1966 - - $159.3 -
1965 - - $147.1 -
1964 - - $135.2 -
1963 - - $122.6 -
1962 - - $116.2 -
1961 - - $108.5 -
1960 - - $101.8 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/albania/bolivia | CC BY

Albania's GDP per capita is $12,998, ranking 79/197, compared to $5,148 in Bolivia, ranking 121/197. Adjusted for purchasing power (GDP per capita PPP), Albania ranks 79th at $26,702, while Bolivia ranks 122nd at $12,878.

Economic indicators

Albania Bolivia
Gross domestic product
$30.5B
2025
$64.8B
2025
GDP rank
113/197
2025
88/197
2025
GDP growth
3.79%
2024-2025
-1.58%
2024-2025
GDP per capita
$12,998
2025
$5,148
2025
GDP per capita rank
79/197
2025
121/197
2025
GDP per capita, PPP
$26,702
2024
$12,878
2024
GDP per capita PPP rank
79/197
2024
122/197
2024
Government debt
$16.1B
2025
$54.9B
2025
Debt-to-GDP ratio
52.6%
2025
84.8%
2025
Government debt per person
$6,837
2025
$4,364
2025
Government debt per person rank
72/185
2025
93/185
2025
Average annual personal income after taxes
$9,481
2026
$4,410
2026
Number of billionaires
1
2026
n/a
Income share by richest 10%
22.8%
2020
30.6%
2024
Income share by poorest 10%
3.4%
2020
1.9%
2024
Government expenditure, % of GDP
30.1%
2025
32.2%
2025
Consumer prices inflation
2.2%
2024-2025
19.5%
2024-2025
Central bank interest rate
2.5%
2025
3.26%
2025
Unemployment rate
8.43%
2024
2.73%
2024
Population
2332078
12837312

Spending and national debt comparison by year

Albania
Spending

Debt
Bolivia
Spending

Debt
1x
Year % of GDP
Albania Bolivia
Government spending Government debt Government spending Government debt
2025 30.1% 52.6% 32.2% 84.8%
2024 28.9% 54.5% 33.5% 83.2%
2023 28.5% 58% 33.5% 78.3%
2022 30.3% 64.7% 31.2% 69.2%
2021 31.9% 74.8% 29.4% 68.7%
2020 32.4% 75.4% 31.9% 67.5%
2019 28.7% 66.6% 30.1% 48.9%
2018 28.7% 68.5% 31.4% 44.2%
2017 29.2% 71.9% 31.6% 41.9%
2016 29.1% 73.3% 32.9% 38.2%
2015 30.8% 73.7% 37% 34%
2014 31.7% 72% 34.9% 31.8%
2013 29.2% 70.4% 30.4% 31%
2012 28.2% 62.1% 31.3% 30.7%
2011 28.9% 59.4% 30.6% 30.5%
2010 29.4% 57.7% 27.5% 32.8%
2009 32.7% 59.7% 28.9% 34.1%
2008 31.7% 55.1% 31.1% 32.4%
2007 29.3% 53.6% 28.9% 35.5%
2006 29.2% 56.7% 26.6% 48.6%
2005 28.9% 58.2% 29.5% 73.2%
2004 30.2% 57.5% 29% 80.6%
2003 29.7% 60.2% 28.6% 85.5%
2002 31.5% 64.1% 29.6% 77.2%
2001 32.7% 60.6% 28.6% 74.4%
2000 33.8% 63.8% 26.2% 66.5%
1999 37.1% 68.2% 26.3% 61.7%
1998 36.8% 71.2% 26.8% 61.2%
1997 30.3% 72.2% 25.3% 64.6%
1996 - - 23.3% 72.4%
1995 - - 23.1% 81.7%
1994 - - 23.9% 87.6%
1993 - - 24.3% 83.8%
1992 - - 22.6% 92.4%
1991 - - 21.6% 92.8%
1990 - - 20.4% 102.9%
1989 - - 24.4% 98%
1988 - - 24% 115.9%
1987 - - 24.4% 145.3%
1986 - - 22.2% 149%
1985 - - 21.8% 205.2%
1984 - - 29% 166.5%
1983 - - 32.1% 157.3%
1982 - - 25% 155.4%
1981 - - 16.6% 121.7%
1980 - - 19.8% 100%
1979 - - 18% 92%
1978 - - 17.3% 82.5%
1977 - - 18.6% 82.4%
1976 - - 16.8% 68.9%
1975 - - 14.4% 56.2%
1974 - - 14.2% 52.7%
1973 - - 14.1% 80.9%
1972 - - 11.8% 77.7%
1971 - - 11.3% 65.7%
1970 - - 10% 63.9%
1969 - - 12.3% -
1968 - - 14.1% -
1967 - - 13.1% -
1966 - - 12.9% -
1965 - - 12.9% -
1964 - - 10.8% -
1963 - - 10.8% -
1962 - - 10.2% -
1961 - - 10.7% -
1960 - - 10.1% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

GeoRank.org/economy/albania/bolivia | CC BY

In 2025, Albania's government spending was $9.19B, accounting for 30.1% of its GDP, while Bolivia spent $20.8B, or 32.2% of GDP.

Debt-to-GDP ratio is 52.6% in Albania and 84.8% in Bolivia, ranking 96/185 and 36/185, respectively.

Government deficit by year

Deficit/surplus
Albania

Bolivia
1x
Year Deficit/surplus, % of GDP
Albania Bolivia
2025 -1.75% -11.6%
2024 -0.72% -8.7%
2023 -1.32% -9.46%
2022 -3.64% -6.15%
2021 -4.57% -7.87%
2020 -6.67% -11%
2019 -1.84% -6.04%
2018 -1.58% -6.8%
2017 -1.41% -6.42%
2016 -1.5% -5.95%
2015 -4.32% -5.76%
2014 -5.46% -2.88%
2013 -5.22% 0.51%
2012 -3.44% 1.49%
2011 -3.52% 0.72%
2010 -3.52% 1.42%
2009 -6.59% 2.29%
2008 -4.88% 3.1%
2007 -3.18% -1.37%
2006 -3.26% 3.99%
2005 -3.46% -2%
2004 -5.16% -4.97%
2003 -5.01% -7.04%
2002 -6.21% -7.82%
2001 -6.84% -6.11%
2000 -7.77% -3.34%
1999 -8.84% -3.43%
1998 -9.93% -4.56%
1997 -11.9% -2.94%
1996 - -1.7%
1995 - -1.63%
1994 - -2.68%
1993 - -5.46%
1992 - -3.94%
1991 - -3.76%
1990 - -3.94%
1989 - -5.5%
1988 - -6.5%
1987 - -7.7%
1986 - -2.7%
1985 - -9.8%
1984 - -25.4%
1983 - -19.8%
1982 - -15.9%
1981 - -12.3%
1980 - -15.3%
1979 - -11.2%
1978 - -9.97%
1977 - -11.2%
1976 - -1.15%
1975 - -2.33%
1974 - -1.87%
1973 - -3.72%
1972 - -3.69%
1971 - -3.67%
1970 - -1.92%
1969 - -4.16%
1968 - -5.67%
1967 - -4.29%
1966 - -3.55%
1965 - -4.12%
1964 - -2.68%
1963 - -3.02%
1962 - -2.8%
1961 - -2.81%
1960 - -3.35%
1959 - -4.32%
1958 - -2.95%
1957 - -1.11%
1956 - -0.11%
1955 - 0.33%
1954 - 0.006%
1953 - -0.48%
1952 - -0.94%
1951 - -0.42%
1950 - -1.17%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1989, retrieved 2026-07-08).

GeoRank.org/economy/albania/bolivia | CC BY

In 2025, Albania's government deficit, the difference between spending and revenue, was $533M, equivalent to 1.75% of GDP. This compares to Bolivia's deficit of $7.51B, or 11.6% of GDP.

Over the past 29 years, Albania recorded a fiscal deficit in 29 of those years, while Bolivia ran a deficit in 22 years. On average, Albania posted an annual deficit equal to 4.6% of GDP, compared to deficit of 4.09% of GDP for Bolivia.

Inflation comparison by year

Inflation
Albania

Bolivia
1x
Year Consumer prices inflation
Albania Bolivia
2025 2.2% 19.5%
2024 2.2% 5.1%
2023 4.8% 2.58%
2022 6.7% 1.75%
2021 2% 0.74%
2020 1.6% 0.94%
2019 1.4% 1.84%
2018 2% 2.27%
2017 2% 2.82%
2016 1.3% 3.62%
2015 1.9% 4.06%
2014 1.6% 5.77%
2013 1.9% 5.74%
2012 2% 4.52%
2011 3.4% 9.88%
2010 3.6% 2.5%
2009 2.2% 3.35%
2008 3.3% 14%
2007 3% 8.71%
2006 2.4% 4.28%
2005 2.4% 5.39%
2004 2.9% 4.44%
2003 2.4% 3.34%
2002 5.2% 0.93%
2001 3.1% 1.59%
2000 0% 4.61%
1999 0.4% 2.16%
1998 20.6% 7.67%
1997 33.2% 4.71%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/albania/bolivia | CC BY

Over the past 29 years, Albania has recorded an average annual inflation rate of 4.2%, compared with 4.79% in Bolivia. In 2025, inflation was 2.2% in Albania and 19.5% in Bolivia.

Top exports between countries

Albania
Export category Export value
Machinery & equipment $21K
Bolivia
Export category Export value
Raw agricultural goods $35K
Machinery & equipment $25K
Miscellaneous $3K

Balance of trade

Albania Bolivia
Current account balance
-$161M
2025
-$1.22B
2025
Current account balance ranking
86/190
2025
124/190
2025
Current account balance, % of GDP
-0.53%
2025
-1.88%
2025
Goods imports
$8.52B
2025
$9.23B
2025
Goods exports
$1.76B
2025
$9.56B
2025
Service imports
$4.55B
2025
$2.25B
2025
Service exports
$9.66B
2025
$1.21B
2025
Imports of goods and services, % of GDP
42.5%
2025
25.5%
2024
Exports of goods and services, % of GDP
37%
2025
21.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Albania Bolivia
Economic freedom 68 42.4
Economic freedom ranking 50/197 184/197
Property rights 57.6 20.2
Government integrity 41.9 27.1
Judicial effectiveness 59.9 29.5
Tax burden 89.3 86.4
Government spending 74.3 56.3
Fiscal health 88 0.8
Business freedom 76.6 53.6
Labor freedom 46.2 52.2
Monetary freedom 78.6 67.1
Trade freedom 83 60.6
Investment freedom 60 15
Financial freedom 60 40

Economic freedom comparison by year

Albania
Bolivia
1x
Year Economic freedom index
Albania Bolivia
2026 68 42.4
2025 66.6 44.1
2024 64.8 43.5
2023 65.3 43.4
2022 66.6 43
2021 65.2 42.7
2020 66.9 42.8
2019 66.5 42.3
2018 64.5 44.1
2017 64.4 47.7
2016 65.9 47.4
2015 65.7 46.8
2014 66.9 48.4
2013 65.2 47.9
2012 65.1 50.2
2011 64 50
2010 66 49.4
2009 63.7 53.6
2008 62.4 53.1
2007 61.4 54.2
2006 60.3 57.8
2005 57.8 58.4
2004 58.5 64.5
2003 56.8 64.3
2002 56.8 65.1
2001 56.6 68
2000 53.6 65
1999 53.4 65.6
1998 53.9 68.8
1997 54.8 65.1
1996 53.8 65.2
1995 49.7 56.8

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/albania/bolivia | CC BY

The Economic Freedom Index for Albania is 68, ranking 50/197, compared to 42.4 for Bolivia, ranking 184/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Albania Bolivia
Services, % of GDP
49.7%
2025
53.4%
2024
Industry, % of GDP
21.8%
2025
31.3%
2024
Agriculture, forestry, and fishing, % of GDP
14.8%
2025
8.83%
2024
GNI, Atlas method
$28.3B
2025
$55.6B
2025
GNI per capita, PPP
$28,170
2025
$12,530
2025
Total reserves including gold
$8.6B
2025
$580M
2025
Total reserves ranking
86/177
2025
155/177
2025
Net foreign direct investment
-$1.51B
2025
-$464M
2025
Net inflows of foreign direct investment
$1.71B
2024
$358M
2024
Net outflows of foreign direct investment
$261M
2024
$133M
2024
Servicing debt to the IMF, % of GNI
3.25%
2024
3.41%
2024
Poverty at national poverty lines
19.7%
2022
37.7%
2024
Gross capital formation, % of GDP
25%
2024
17.9%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/albania/bolivia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2024–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.