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Bolivia economy ranking: GDP & GDP per capita, debt

Updated on by Georank

Bolivia ranked 88/197 by economy size with a GDP of $64.8B and 121/197 by GDP per capita at $5,148. Bolivia has $54.9B in government debt, with a debt-to-GDP ratio of 84.8%.

In 2025, Bolivia made up 0.05% of the world's economy, compared to 0.03% in 1960.

Bolivia GDP & GDP growth by year

GDP, current $
Real growth
1x
Year GDP GDP growth
2025 $64,768,947,525 -1.58%
2024 $54,881,327,453 -1.12%
2023 $52,340,206,946 2.52%
2022 $50,959,081,954 3.75%
2021 $47,877,892,402 10%
2020 $42,313,784,081 -12.7%
2019 $49,056,643,589 1.51%
2018 $48,414,038,842 2.87%
2017 $45,927,439,595 4.2%
2016 $33,941,126,194 4.26%
2015 $33,000,198,249 4.86%
2014 $32,996,188,017 5.46%
2013 $30,659,338,886 6.8%
2012 $27,084,497,482 5.12%
2011 $23,963,164,697 5.2%
2010 $19,649,723,722 4.13%
2009 $17,339,992,194 3.36%
2008 $16,674,276,286 6.15%
2007 $13,120,108,008 4.56%
2006 $11,451,844,902 4.8%
2005 $9,549,122,905 4.42%
2004 $8,773,451,752 4.17%
2003 $8,082,399,640 2.71%
2002 $7,905,485,146 2.49%
2001 $8,141,516,928 1.68%
2000 $8,397,855,485 2.51%
1999 $8,285,064,435 0.43%
1998 $8,497,494,652 5.03%
1997 $7,925,736,821 4.95%
1996 $7,396,949,126 4.36%
1995 $6,715,161,732 4.68%
1994 $5,981,222,859 4.67%
1993 $5,734,699,489 4.27%
1992 $5,643,868,749 1.65%
1991 $5,343,262,457 5.27%
1990 $4,867,582,598 4.64%
1989 $4,715,973,437 3.79%
1988 $4,597,612,362 2.91%
1987 $4,347,956,338 2.46%
1986 $3,959,382,833 -2.57%
1985 $5,377,276,555 -1.68%
1984 $6,169,483,225 -0.2%
1983 $5,422,656,823 -4.04%
1982 $5,594,126,369 -3.94%
1981 $5,891,598,695 0.28%
1980 $4,537,479,608 -1.37%
1979 $4,421,336,383 0.13%
1978 $3,758,220,890 2.05%
1977 $3,227,436,282 4.97%
1976 $2,731,984,008 4.61%
1975 $2,404,697,651 7.31%
1974 $2,100,249,875 2.94%
1973 $1,262,968,516 5.74%
1972 $1,257,615,645 7.97%
1971 $1,095,622,896 5.06%
1970 $1,017,003,367 5.23%
1969 $929,629,630 4.47%
1968 $857,912,458 8.53%
1967 $755,808,081 6.32%
1966 $669,191,919 7.17%
1965 $604,377,104 4.91%
1964 $544,023,569 3.96%
1963 $482,828,283 6.8%
1962 $448,400,673 5.58%
1961 $410,101,010 2.09%
1960 $377,020,202 -

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

GeoRank.org/economy/bolivia | CC BY

Bolivia GDP per capita by year

GDP per capita
GDP per capita, PPP
1x
Year Current $
GDP per capita GDP per capita, PPP
2025 $5,148 -
2024 $4,421 $12,878
2023 $4,275 $12,892
2022 $4,219 $12,307
2021 $4,011 $11,202
2020 $3,581 $9,581
2019 $4,203 $11,005
2018 $4,207 $10,758
2017 $4,048 $10,420
2016 $3,036 $9,242
2015 $2,996 $8,757
2014 $3,041 $8,629
2013 $2,870 $8,069
2012 $2,576 $7,184
2011 $2,316 $6,598
2010 $1,930 $6,245
2009 $1,731 $6,024
2008 $1,693 $5,890
2007 $1,355 $5,537
2006 $1,203 $5,244
2005 $1,020 $4,938
2004 $953 $4,663
2003 $893 $4,433
2002 $888 $4,304
2001 $930 $4,205
2000 $976 $4,113
1999 $979 $3,991
1998 $1,022 $3,988
1997 $970 $3,822
1996 $922 $3,645
1995 $853 $3,494
1994 $774 $3,331
1993 $757 $3,177
1992 $760 $3,036
1991 $734 $2,981
1990 $683 $2,797
1989 $675 -
1988 $673 -
1987 $650 -
1986 $604 -
1985 $838 -
1984 $982 -
1983 $882 -
1982 $930 -
1981 $1,001 -
1980 $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/bolivia | CC BY

Bolivia has a GDP per capita of $5,148, ranking 121/197, a GDP per capita based on purchasing power parity (PPP) of $12,878, ranking 122/197, and a median annual after tax income of $4,410, ranking 115/197.

Bolivia GDP rankings by year

GDP
GDP per capita
GDP per capita, PPP
1x
Year Rank
GDP GDP per capita GDP per capita, PPP
2025 85 110 -
2024 88 123 113
2023 88 122 115
2022 89 121 114
2021 88 121 115
2020 91 122 117
2019 88 121 113
2018 88 118 112
2017 89 118 114
2016 94 132 117
2015 96 132 121
2014 98 134 121
2013 98 135 122
2012 103 138 124
2011 104 139 124
2010 105 139 126
2009 107 138 125
2008 109 140 127
2007 108 144 127
2006 109 144 125
2005 112 144 123
2004 109 142 120
2003 106 138 118
2002 100 132 117
2001 101 126 117
2000 98 124 115
1999 94 123 111
1998 93 118 108
1997 94 123 107
1996 96 123 105
1995 97 122 105
1994 95 121 105
1993 98 127 108
1992 97 125 109
1991 99 128 110
1990 101 132 111
1989 89 121 -
1988 89 119 -
1987 90 118 -
1986 86 114 -
1985 77 94 -
1984 75 91 -
1983 77 95 -
1982 76 94 -
1981 75 91 -
1980 80 100 -
1979 74 87 -
1978 73 90 -
1977 75 90 -
1976 79 97 -
1975 80 97 -
1974 78 97 -
1973 83 109 -
1972 80 100 -
1971 79 100 -
1970 79 100 -
1969 77 86 -
1968 77 85 -
1967 78 84 -
1966 79 89 -
1965 79 88 -
1964 77 88 -
1963 80 89 -
1962 80 89 -
1961 79 88 -
1960 78 89 -

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

GeoRank.org/economy/bolivia | CC BY

Compared with 2000, in 2025 Bolivia is ranked 85th out of 179 by GDP (up from 98th), 110th by GDP per capita (up from 124th), and 113th by GDP per capita PPP (up from 115th).

Economic indicators

Bolivia Rank
Gross domestic product
$64.8B
2025
88/197
GDP growth
-1.58%
2024-2025
186/194
GDP per capita
$5,148
2025
121/197
GDP per capita, PPP
$12,878
2024
122/197
Government debt
$54.9B
2025
73/185
Debt-to-GDP ratio
84.8%
2025
36/185
Government debt per person
$4,364
2025
93/185
Average annual personal income after taxes
$4,410
2026
115/197
Income share by richest 10%
30.6%
2024
52/169
Income share by poorest 10%
1.9%
2024
142/169
Government expenditure, % of GDP
32.2%
2025
83/195
Consumer prices inflation
19.5%
2024-2025
13/195
Central bank interest rate
3.26%
2025
86/106
Unemployment rate
2.73%
2024
161/196
Population
12837312
79/197

Government spending, deficit, and debt by year

Spending
Debt
Deficit/surplus
1x
Year % of GDP
Government spending Government debt Government deficit/surplus
2025 32.2% 84.8% -11.6%
2024 33.5% 83.2% -8.7%
2023 33.5% 78.3% -9.46%
2022 31.2% 69.2% -6.15%
2021 29.4% 68.7% -7.87%
2020 31.9% 67.5% -11%
2019 30.1% 48.9% -6.04%
2018 31.4% 44.2% -6.8%
2017 31.6% 41.9% -6.42%
2016 32.9% 38.2% -5.95%
2015 37% 34% -5.76%
2014 34.9% 31.8% -2.88%
2013 30.4% 31% 0.51%
2012 31.3% 30.7% 1.49%
2011 30.6% 30.5% 0.72%
2010 27.5% 32.8% 1.42%
2009 28.9% 34.1% 2.29%
2008 31.1% 32.4% 3.1%
2007 28.9% 35.5% -1.37%
2006 26.6% 48.6% 3.99%
2005 29.5% 73.2% -2%
2004 29% 80.6% -4.97%
2003 28.6% 85.5% -7.04%
2002 29.6% 77.2% -7.82%
2001 28.6% 74.4% -6.11%
2000 26.2% 66.5% -3.34%
1999 26.3% 61.7% -3.43%
1998 26.8% 61.2% -4.56%
1997 25.3% 64.6% -2.94%
1996 23.3% 72.4% -1.7%
1995 23.1% 81.7% -1.63%
1994 23.9% 87.6% -2.68%
1993 24.3% 83.8% -5.46%
1992 22.6% 92.4% -3.94%
1991 21.6% 92.8% -3.76%
1990 20.4% 102.9% -3.94%
1989 24.4% 98% -5.5%
1988 24% 115.9% -6.5%
1987 24.4% 145.3% -7.7%
1986 22.2% 149% -2.7%
1985 21.8% 205.2% -9.8%
1984 29% 166.5% -25.4%
1983 32.1% 157.3% -19.8%
1982 25% 155.4% -15.9%
1981 16.6% 121.7% -12.3%
1980 19.8% 100% -15.3%
1979 18% 92% -11.2%
1978 17.3% 82.5% -9.97%
1977 18.6% 82.4% -11.2%
1976 16.8% 68.9% -1.15%
1975 14.4% 56.2% -2.33%
1974 14.2% 52.7% -1.87%
1973 14.1% 80.9% -3.72%
1972 11.8% 77.7% -3.69%
1971 11.3% 65.7% -3.67%
1970 10% 63.9% -1.92%
1969 12.3% - -4.16%
1968 14.1% - -5.67%
1967 13.1% - -4.29%
1966 12.9% - -3.55%
1965 12.9% - -4.12%
1964 10.8% - -2.68%
1963 10.8% - -3.02%
1962 10.2% - -2.8%
1961 10.7% - -2.81%
1960 10.1% - -3.35%
1959 11.7% - -4.32%
1958 9.85% - -2.95%
1957 9.22% - -1.11%
1956 2.79% - -0.11%
1955 1.73% - 0.33%
1954 2.37% - 0.006%
1953 2.75% 11.5% -0.48%
1952 3.92% - -0.94%
1951 4.64% - -0.42%
1950 5.13% - -1.17%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/bolivia | CC BY

This chart shows Bolivia's government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 50 years, Bolivia recorded a fiscal deficit in 43 of them, with an average annual deficit equal to 5.92% of GDP. In 2025, government spending reached $20.8B (32.2% of GDP), with a deficit of 11.6%.

The national debt reached $54.9B, ranking 73rd out of 185 countries by total size, with a debt-to-GDP ratio of 84.8%, ranking 36th.

Inflation rate by year

1x
Year Inflation
2025 19.5%
2024 5.1%
2023 2.58%
2022 1.75%
2021 0.74%
2020 0.94%
2019 1.84%
2018 2.27%
2017 2.82%
2016 3.62%
2015 4.06%
2014 5.77%
2013 5.74%
2012 4.52%
2011 9.88%
2010 2.5%
2009 3.35%
2008 14%
2007 8.71%
2006 4.28%
2005 5.39%
2004 4.44%
2003 3.34%
2002 0.93%
2001 1.59%
2000 4.61%
1999 2.16%
1998 7.67%
1997 4.71%
1996 12.4%
1995 10.2%
1994 7.87%
1993 8.53%
1992 12.1%
1991 21.4%
1990 17.1%
1989 15.2%
1988 16%
1987 14.6%
1986 276.3%
1985 11,750%
1984 1,281%
1983 275.6%
1982 123.5%
1981 32.1%
1980 47.2%
1979 19.7%
1978 10.4%
1977 8.11%
1976 4.49%
1975 7.98%
1974 62.8%
1973 31.5%
1972 6.51%
1971 3.67%
1970 3.96%
1969 2.21%
1968 5.47%
1967 11.2%
1966 6.95%
1965 2.86%
1964 10.2%
1963 -0.71%
1962 5.88%
1961 7.56%
1960 11.5%

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

GeoRank.org/economy/bolivia | CC BY

Over the past 20 years, Bolivia has had an average annual inflation rate of 5.2%. In 2025, inflation was 19.5%. The bar chart above shows consumer price inflation by year.

Balance of trade

Bolivia Rank
Current account balance
-$1.22B
2025
124/190
Current account balance, % of GDP
-1.88%
2025
97/190
Goods imports
$9.23B
2025
113/189
Goods exports
$9.56B
2025
100/189
Service imports
$2.25B
2025
120/189
Service exports
$1.21B
2025
131/189
Imports of goods and services, % of GDP
25.5%
2024
148/182
Exports of goods and services, % of GDP
21.4%
2024
142/193

Bolivia top 10 trading partners

Bolivia's biggest trading partner accounting for 21.7% of all exports and imports is China, with a trade balance between the two of -$556M: Bolivia exports $1.85B worth of goods and services to China and imports $2.41B.

Below is the list of the top 10 trade partners of Bolivia.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 China $4.26B 21.7% $1.85B $2.41B Raw materials & minerals Machinery & equipment
2 Brazil $2.66B 13.5% $1.24B $1.42B Raw materials & minerals Machinery & equipment
3 Peru $1.34B 6.8% $585M $753M Processed food, beverages & tobacco Raw materials & minerals
4 Argentina $1.02B 5.16% $189M $827M Raw materials & minerals Raw materials & minerals
5 India $1.01B 5.15% $823M $189M Precious metals & jewellery Machinery & equipment
6 Japan $967M 4.91% $740M $226M Raw materials & minerals Machinery & equipment
7 United States $915M 4.65% $421M $494M Metals Raw materials & minerals
8 Chile $895M 4.55% $122M $772M Processed food, beverages & tobacco Raw materials & minerals
9 Belgium $879M 4.47% $399M $479M Raw materials & minerals Raw materials & minerals
10 Colombia $697M 3.54% $577M $120M Processed food, beverages & tobacco Chemicals & pharma

Top 10 exports

Bolivia Rank
Raw materials & minerals $5.12B 76/193
Precious metals & jewellery $1.68B 56/190
Processed food, beverages & tobacco $1.25B 74/192
Transport & tourism services $1.01B 123/191
Metals $625M 84/192
Raw agricultural goods $522M 85/193
Animal & marine products $265M 84/192
Wood & paper products $92.3M 100/192
Textiles & consumer goods $53.7M 129/193
IT & IP services $52M 130/185

Top 10 imports

Bolivia Rank
Raw materials & minerals $3.41B 90/193
Machinery & equipment $2.43B 120/193
Chemicals & pharma $1.57B 99/193
Transport & tourism services $1.56B 112/191
Metals $778M 104/193
Textiles & consumer goods $612M 114/193
Processed food, beverages & tobacco $535M 133/193
Manufacturing & construction services $353M 65/170
Wood & paper products $303M 101/193
Business & finance services $275M 138/189

Economic freedom indices

Bolivia Rank
Economic freedom 42.4 184/197
Property rights 20.2 158/182
Government integrity 27.1 136/182
Judicial effectiveness 29.5 127/182
Tax burden 86.4 50/182
Government spending 56.3 130/180
Fiscal health 0.8 174/181
Business freedom 53.6 128/182
Labor freedom 52.2 126/182
Monetary freedom 67.1 145/180
Trade freedom 60.6 147/181
Investment freedom 15 167/181
Financial freedom 40 103/181

Economic freedom by year

1x
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
2026 42.4 29.5 86.4 56.3 0.8
2025 44.1 29.4 88.8 61.8 4.4
2024 43.5 28.1 86.9 61.2 7.2
2023 43.4 27.7 87.1 60.8 7
2022 43 28.4 86 58.8 10.9
2021 42.7 11 85.3 58.4 13.4
2020 42.8 11.2 86.3 54.2 14.2
2019 42.3 12.3 82.4 49.3 17.6
2018 44.1 11.4 85.7 46.5 46.8
2017 47.7 15.4 86.1 49.1 81.4
2016 47.4 - 86.4 55.5 -
2015 46.8 - 86.8 60.9 -
2014 48.4 - 87.1 62.5 -
2013 47.9 - 88.8 64.1 -
2012 50.2 - 87 62.2 -
2011 50 - 83.9 63.7 -
2010 49.4 - 84.3 67.5 -
2009 53.6 - 84.8 71.9 -
2008 53.1 - 87.8 68.1 -
2007 54.2 - 88.9 69.3 -
2006 57.8 - 90.4 68.1 -
2005 58.4 - 88.9 66.7 -
2004 64.5 - 88.9 69.9 -
2003 64.3 - 88.6 73 -
2002 65.1 - 88.7 69.3 -
2001 68 - 88.2 74.8 -
2000 65 - 89 65.3 -
1999 65.6 - 88.9 77.8 -
1998 68.8 - 89.1 77.5 -
1997 65.1 - 89.1 76.1 -
1996 65.2 - 89.2 75.3 -
1995 56.8 - 91 60.7 -

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

GeoRank.org/economy/bolivia | CC BY

Bolivia is ranked 166/174 for economic freedom with a score of 42.4, compared to 87/162 and a score of 57.8 in 2006.

Other economic metrics

Bolivia Rank
Services, % of GDP
53.4%
2024
120/191
Industry, % of GDP
31.3%
2024
51/194
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
79/193
GNI, Atlas method
$55.6B
2025
90/194
GNI per capita, PPP
$12,530
2025
120/191
Total reserves including gold
$580M
2025
155/177
Net foreign direct investment
-$464M
2025
99/189
Net inflows of foreign direct investment
$358M
2024
123/193
Net outflows of foreign direct investment
$133M
2024
79/193
Servicing debt to the IMF, % of GNI
3.41%
2024
71/121
Poverty at national poverty lines
37.7%
2024
43/176
Gross capital formation, % of GDP
17.9%
2024
139/179

Compare Bolivia vs other countries

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/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) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, 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.