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Economy of Bolivia vs Burundi compared: GDP & Debt

Updated on by Georank team

Bolivia has a GDP of $54.9B compared to $3.08B for Burundi, ranking 88/197 and 169/197 by economy size, respectively.

Bolivia has $53.8B in government debt (98% of GDP), compared to $1.6B (52% of GDP) in Burundi.

Bolivia vs Burundi GDP by year

Bolivia
Burundi
1x
Year GDP, current $
Bolivia Burundi
2024 $54,881,327,453 $3,082,433,067
2023 $52,340,206,946 $3,430,949,250
2022 $50,959,081,954 $4,036,192,553
2021 $47,877,892,402 $3,435,598,073
2020 $42,313,784,081 $3,227,847,281
2019 $49,056,643,589 $2,871,555,326
2018 $48,414,038,842 $2,913,411,408
2017 $45,927,439,595 $2,831,362,208
2016 $33,941,126,194 $2,618,093,125
2015 $33,000,198,249 $2,810,532,912
2014 $32,996,188,017 $2,705,826,648
2013 $30,659,338,886 $2,451,624,638
2012 $27,084,497,482 $2,327,402,363
2011 $23,963,164,697 $2,235,812,880
2010 $19,649,723,722 $2,032,135,192
2009 $17,339,992,194 $1,775,495,032
2008 $16,674,276,286 $1,611,835,857
2007 $13,120,108,008 $1,356,199,387
2006 $11,451,844,902 $1,273,375,078
2005 $9,549,122,905 $1,117,113,080
2004 $8,773,451,752 $915,257,323
2003 $8,082,399,640 $784,654,424
2002 $7,905,485,146 $825,394,519
2001 $8,141,516,928 $876,794,723
2000 $8,397,855,485 $870,486,066
1999 $8,285,064,435 $808,077,223
1998 $8,497,494,652 $893,770,740
1997 $7,925,736,821 $972,896,268
1996 $7,396,949,126 $869,033,856
1995 $6,715,161,732 $1,000,428,394
1994 $5,981,222,859 $925,030,590
1993 $5,734,699,489 $938,632,612
1992 $5,643,868,749 $1,083,037,671
1991 $5,343,262,457 $1,167,398,478
1990 $4,867,582,598 $1,132,101,253
1989 $4,715,973,437 $1,113,924,130
1988 $4,597,612,362 $1,082,403,219
1987 $4,347,956,338 $1,131,466,494
1986 $3,959,382,833 $1,201,725,497
1985 $5,377,276,555 $1,149,979,286
1984 $6,169,483,225 $987,143,931
1983 $5,422,656,823 $1,082,926,304
1982 $5,594,126,369 $1,013,222,222
1981 $5,891,598,695 $969,046,667
1980 $4,537,479,608 $919,726,667
1979 $4,421,336,383 $782,496,667
1978 $3,758,220,890 $610,225,556
1977 $3,227,436,282 $547,535,556
1976 $2,731,984,008 $448,412,754
1975 $2,404,697,651 $420,986,667
1974 $2,100,249,875 $345,263,492
1973 $1,262,968,516 $304,339,524
1972 $1,257,615,645 $246,804,571
1971 $1,095,622,896 $252,842,286
1970 $1,017,003,367 $242,732,571
1969 $929,629,630 $190,205,714
1968 $857,912,458 $183,200,000
1967 $755,808,081 $178,297,143
1966 $669,191,919 $165,444,571
1965 $604,377,104 $158,994,963
1964 $544,023,569 $260,750,008
1963 $482,828,283 $232,749,998
1962 $448,400,673 $213,500,006
1961 $410,101,010 $202,999,992
1960 $377,020,202 $195,999,990

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Bolivia vs Burundi by year

Bolivia
GDP per capita

GDP per capita, PPP
Burundi
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Burundi
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,421 $12,878 $219.4 $1,195
2023 $4,275 $12,892 $250.6 $1,150
2022 $4,219 $12,307 $303 $1,105
2021 $4,011 $11,202 $265 $1,036
2020 $3,581 $9,581 $255.8 $958
2019 $4,203 $11,005 $234.3 $868
2018 $4,207 $10,758 $245.7 $823
2017 $4,048 $10,420 $246.1 $791
2016 $3,036 $9,242 $232.9 $764
2015 $2,996 $8,757 $254.4 $722
2014 $3,041 $8,629 $250.5 $724
2013 $2,870 $8,069 $234.8 $687
2012 $2,576 $7,184 $231.1 $637
2011 $2,316 $6,598 $230.1 $629
2010 $1,930 $6,245 $216.7 $614
2009 $1,731 $6,024 $198.4 $605
2008 $1,693 $5,890 $189.5 $609
2007 $1,355 $5,537 $166.2 $594
2006 $1,203 $5,244 $161.9 $580
2005 $1,020 $4,938 $147.2 $553
2004 $953 $4,663 $125.2 $552
2003 $893 $4,433 $111.4 $532
2002 $888 $4,304 $121 $545
2001 $930 $4,205 $132.2 $528
2000 $976 $4,113 $134.5 $519
1999 $979 $3,991 $127.5 $523
1998 $1,022 $3,988 $144.5 $533
1997 $970 $3,822 $160.3 $513
1996 $922 $3,645 $143.2 $513
1995 $853 $3,494 $164.9 $548
1994 $774 $3,331 $161.9 $619
1993 $757 $3,177 $165.3 $634
1992 $760 $3,036 $184.9 $640
1991 $734 $2,981 $204.7 $636
1990 $683 $2,797 $202.6 $598
1989 $675 - $203.6 -
1988 $673 - $201.7 -
1987 $650 - $215.6 -
1986 $604 - $234.3 -
1985 $838 - $228.4 -
1984 $982 - $200.4 -
1983 $882 - $225.2 -
1982 $930 - $216.4 -
1981 $1,001 - $212.2 -
1980 $788 - $209.8 -
1979 $785 - $186.2 -
1978 $683 - $148.8 -
1977 $600 - $137.4 -
1976 $520 - $115.5 -
1975 $468 - $110.9 -
1974 $418 - $93.2 -
1973 $257.2 - $84.3 -
1972 $261.9 - $68.2 -
1971 $233.4 - $69.9 -
1970 $221.6 - $68.8 -
1969 $207.1 - $55.1 -
1968 $195.5 - $54.2 -
1967 $176.1 - $54 -
1966 $159.3 - $51.4 -
1965 $147.1 - $50.6 -
1964 $135.2 - $85.3 -
1963 $122.6 - $78.4 -
1962 $116.2 - $73.4 -
1961 $108.5 - $71.6 -
1960 $101.8 - $70.9 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Bolivia's GDP per capita is $4,421, ranking 125/197, compared to $219.4 in Burundi, ranking 197/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Burundi ranks 196th at $1,195.

Economic indicators

Bolivia Burundi
Gross domestic product
$54.9B
2024
$3.08B
2024
GDP rank
88/197
2024
169/197
2024
GDP growth
-1.12%
2023-2024
4.11%
2023-2024
GDP per capita
$4,421
2024
$219.4
2024
GDP per capita rank
125/197
2024
197/197
2024
GDP per capita, PPP
$12,878
2024
$1,195
2024
GDP per capita PPP rank
122/197
2024
196/197
2024
Government debt
$53.8B
2024
$1.6B
2024
Debt-to-GDP ratio
98%
2024
52%
2024
Government debt per person
$4,331
2024
$114.1
2024
Government debt per person rank
88/185
2024
184/185
2024
Average annual personal income after taxes
$4,720
2026
$1,228
2026
Income share by richest 10%
31.3%
2023
29.9%
2020
Income share by poorest 10%
1.8%
2023
2.9%
2020
Government expenditure, % of GDP
39.8%
2024
22.3%
2024
Consumer prices inflation
5.1%
2023-2024
20.2%
2023-2024
Central bank interest rate
3.26%
2025
n/a
Unemployment rate
2.73%
2024
1.03%
2020
Population
12798112
14833763

Spending and national debt comparison by year

Bolivia
Spending

Debt
Burundi
Spending

Debt
1x
Year % of GDP
Bolivia Burundi
Government spending Government debt Government spending Government debt
2024 39.8% 98% 22.3% 52%
2023 38.7% 90.8% 28.4% 58.1%
2022 36% 80.1% 33.5% 68.5%
2021 34.8% 81.4% 28.4% 66.5%
2020 36.8% 78% 29.2% 65.9%
2019 36.1% 58.6% 28.8% 60.1%
2018 37.7% 53.1% 26% 53%
2017 38.6% 51.3% 24.1% 46.9%
2016 40% 46.5% 22.6% 46.1%
2015 44.5% 40.9% 23.2% 39.9%
2014 41.2% 37.6% 28.5% 38%
2013 35.4% 36.1% 34.8% 37.9%
2012 36% 35.4% 37.5% 41.4%
2011 35.4% 35.3% 42.2% 42.7%
2010 31.5% 37.6% 40.8% 46.9%
2009 33.2% 39.2% 38% 25.7%
2008 35.3% 36.8% 41.2% 102.5%
2007 32.7% 40% 39% 129.6%
2006 29.8% 54.4% 36.5% 130.3%
2005 33.2% 82.2% 33.1% 137%
2004 32.3% 89.8% 39.2% 166.1%
2003 32% 95.6% 33.9% 159.9%
2002 33.3% 86.7% 21.9% 144.8%
2001 32% 83% 22.7% 113.6%
2000 29.3% 74.3% 21.7% 120%
1999 29.4% 61.7% 20.5% 140.6%
1998 30% 61.2% 19.9% 138.9%
1997 28.3% 64.6% 18.8% 122.8%
1996 26% 72.4% 24.4% 139.4%
1995 25.8% 81.7% 22.1% 117.1%
1994 26.8% 87.6% 19.4% 119.6%
1993 27.2% 83.8% 24% 112%
1992 25.3% 92.4% 26.1% 93.5%
1991 24.2% 92.8% 19.2% -
1990 22.8% 102.9% 17.4% -
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Bolivia's government spending was $21.9B, accounting for 39.8% of its GDP, while Burundi spent $689M, or 22.3% of GDP.

Debt-to-GDP ratio is 98% in Bolivia and 52% in Burundi, ranking 26/185 and 101/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Burundi
1x
Year Deficit/surplus, % of GDP
Bolivia Burundi
2024 -10.6% -4.84%
2023 -10.9% -7.7%
2022 -7.12% -10.7%
2021 -9.33% -4.6%
2020 -12.7% -6.58%
2019 -7.25% -6.4%
2018 -8.17% -6.66%
2017 -7.86% -5.01%
2016 -7.24% -7.11%
2015 -6.93% -7.56%
2014 -3.41% -3.93%
2013 0.6% -1.9%
2012 1.72% -3.79%
2011 0.83% -3.49%
2010 1.62% -3.64%
2009 2.63% -5.14%
2008 3.53% -2.7%
2007 -1.54% -2.51%
2006 4.47% -9.92%
2005 -2.24% -10.6%
2004 -5.54% -14.9%
2003 -7.88% -13.7%
2002 -8.79% -4.9%
2001 -6.82% -7.78%
2000 -3.73% -5.66%
1999 -3.84% -5.33%
1998 -5.1% -4.43%
1997 -3.28% -4.48%
1996 -1.9% -8.61%
1995 -1.82% -3.72%
1994 -3% -1.76%
1993 -6.1% -1.22%
1992 -4.4% -4.16%
1991 -4.2% 4.14%
1990 -4.4% 8.14%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1989, retrieved 2026-02-20).

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

In 2024, Bolivia's government deficit, the difference between spending and revenue, was $5.83B, equivalent to 10.6% of GDP. This compares to Burundi's deficit of $149M, or 4.84% of GDP.

Over the past 35 years, Bolivia recorded a fiscal deficit in 28 of those years, while Burundi ran a deficit in 33 years. On average, Bolivia posted an annual deficit equal to 4.31% of GDP, compared to deficit of 5.23% of GDP for Burundi.

Inflation comparison by year

Inflation
Bolivia

Burundi
1x
Year Consumer prices inflation
Bolivia Burundi
2024 5.1% 20.2%
2023 2.58% 26.9%
2022 1.75% 18.8%
2021 0.74% 8.4%
2020 0.94% 7.32%
2019 1.84% -0.69%
2018 2.27% -2.81%
2017 2.82% 16.1%
2016 3.62% 5.56%
2015 4.06% 5.54%
2014 5.77% 4.41%
2013 5.74% 7.94%
2012 4.52% 18.2%
2011 9.88% 9.59%
2010 2.5% 6.49%
2009 3.35% 10.6%
2008 14% 24.4%
2007 8.71% 8.41%
2006 4.28% 2.75%
2005 5.39% 13.3%
2004 4.44% 8.18%
2003 3.34% 10.6%
2002 0.93% -1.37%
2001 1.59% 9.3%
2000 4.61% 24.4%
1999 2.16% 3.39%
1998 7.67% 12.5%
1997 4.71% 31.1%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Bolivia has recorded an average annual inflation rate of 4.26%, compared with 11.1% in Burundi. In 2024, inflation was 5.1% in Bolivia and 20.2% in Burundi.

Balance of trade

Bolivia Burundi
Current account balance
-$1.41B
2024
-$475M
2024
Current account balance ranking
132/190
2024
105/190
2024
Current account balance, % of GDP
-2.56%
2024
-15.4%
2024
Goods imports
$9.15B
2024
$959M
2024
Goods exports
$8.93B
2024
$230M
2024
Service imports
$2.35B
2024
$361M
2024
Service exports
$1.14B
2024
$121M
2024
Imports of goods and services, % of GDP
25.5%
2024
24.4%
2023
Exports of goods and services, % of GDP
21.4%
2024
5.29%
2023

Economic freedom indices

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

Bolivia Burundi
Economic freedom 42.4 40.2
Economic freedom ranking 184/197 187/197
Property rights 20.2 27.2
Government integrity 27.1 15.5
Judicial effectiveness 29.5 7.5
Tax burden 86.4 76.1
Government spending 56.3 76.3
Fiscal health 0.8 14.6
Business freedom 53.6 27.2
Labor freedom 52.2 49.9
Monetary freedom 67.1 55.5
Trade freedom 60.6 52.2
Investment freedom 15 50
Financial freedom 40 30

Economic freedom comparison by year

Bolivia
Burundi
1x
Year Economic freedom index
Bolivia Burundi
2026 42.4 40.2
2025 44.1 39.7
2024 43.5 38.4
2023 43.4 41.9
2022 43 39.4
2021 42.7 49.9
2020 42.8 49
2019 42.3 48.9
2018 44.1 50.9
2017 47.7 53.2
2016 47.4 53.9
2015 46.8 53.7
2014 48.4 51.4
2013 47.9 49
2012 50.2 48.1
2011 50 49.6
2010 49.4 47.5
2009 53.6 48.8
2008 53.1 46.2
2007 54.2 46.9
2006 57.8 48.7
2005 58.4 -
2004 64.5 -
2003 64.3 -
2002 65.1 -
2001 68 -
2000 65 42.6
1999 65.6 41.1
1998 68.8 44.7
1997 65.1 45.4
1996 65.2 -
1995 56.8 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 40.2 for Burundi, ranking 187/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Burundi
Services, % of GDP
53.4%
2024
43.2%
2024
Industry, % of GDP
31.3%
2024
17.7%
2024
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
34.9%
2024
GNI, Atlas method
$51.7B
2024
$3.61B
2024
GNI per capita, PPP
$12,620
2024
$1,200
2024
Total reserves including gold
$1.98B
2024
$90.3M
2023
Total reserves ranking
127/177
2024
174/177
2023
Net foreign direct investment
-$113M
2024
-$24.8M
2024
Net inflows of foreign direct investment
$387M
2024
$33.3M
2024
Net outflows of foreign direct investment
$133M
2024
$8.51M
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
1.16%
2024
Poverty at national poverty lines
36.5%
2023
51%
2020
Gross capital formation, % of GDP
17.9%
2024
10%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

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.