Skip to content

Economy of Bolivia vs Chad compared: GDP & Debt

Updated on by Georank team

Bolivia has a GDP of $54.9B compared to $19.5B for Chad, ranking 88/197 and 132/197 by economy size, respectively.

Bolivia has $53.8B in government debt (98% of GDP), compared to $6.37B (32.7% of GDP) in Chad.

Bolivia vs Chad GDP by year

Bolivia
Chad
1x
Year GDP, current $
Bolivia Chad
2024 $54,881,327,453 $19,518,819,751
2023 $52,340,206,946 $18,340,233,749
2022 $50,959,081,954 $17,828,508,290
2021 $47,877,892,402 $16,871,937,698
2020 $42,313,784,081 $14,932,897,821
2019 $49,056,643,589 $14,905,517,743
2018 $48,414,038,842 $15,327,000,249
2017 $45,927,439,595 $13,349,041,409
2016 $33,941,126,194 $13,026,289,836
2015 $33,000,198,249 $14,559,599,500
2014 $32,996,188,017 $18,144,336,904
2013 $30,659,338,886 $17,865,316,886
2012 $27,084,497,482 $17,892,228,570
2011 $23,963,164,697 $16,685,349,674
2010 $19,649,723,722 $14,058,506,664
2009 $17,339,992,194 $12,317,614,054
2008 $16,674,276,286 $13,385,593,990
2007 $13,120,108,008 $10,865,385,132
2006 $11,451,844,902 $9,709,626,596
2005 $9,549,122,905 $8,655,892,393
2004 $8,773,451,752 $4,422,855,661
2003 $8,082,399,640 $2,742,815,072
2002 $7,905,485,146 $1,997,005,709
2001 $8,141,516,928 $1,710,843,377
2000 $8,397,855,485 $1,388,506,772
1999 $8,285,064,435 $1,534,673,583
1998 $8,497,494,652 $1,744,794,531
1997 $7,925,736,821 $1,544,689,577
1996 $7,396,949,126 $1,607,345,356
1995 $6,715,161,732 $1,445,919,895
1994 $5,981,222,859 $1,179,837,963
1993 $5,734,699,489 $1,463,251,164
1992 $5,643,868,749 $1,881,847,670
1991 $5,343,262,457 $1,877,137,982
1990 $4,867,582,598 $1,738,605,558
1989 $4,715,973,437 $1,433,686,312
1988 $4,597,612,362 $1,482,597,298
1987 $4,347,956,338 $1,163,426,852
1986 $3,959,382,833 $1,067,828,246
1985 $5,377,276,555 $1,033,069,709
1984 $6,169,483,225 $919,103,735
1983 $5,422,656,823 $832,415,806
1982 $5,594,126,369 $834,369,860
1981 $5,891,598,695 $876,937,558
1980 $4,537,479,608 $1,033,002,404
1979 $4,421,336,383 $1,004,316,496
1978 $3,758,220,890 $1,113,920,124
1977 $3,227,436,282 $935,360,465
1976 $2,731,984,008 $866,044,962
1975 $2,404,697,651 $864,602,105
1974 $2,100,249,875 $652,532,795
1973 $1,262,968,516 $647,199,483
1972 $1,257,615,645 $585,427,547
1971 $1,095,622,896 $501,866,730
1970 $1,017,003,367 $469,266,737
1969 $929,629,630 $471,635,622
1968 $857,912,458 $453,980,096
1967 $755,808,081 $449,826,323
1966 $669,191,919 $432,794,922
1965 $604,377,104 $416,926,303
1964 $544,023,569 $392,247,518
1963 $482,828,283 $371,767,002
1962 $448,400,673 $357,635,713
1961 $410,101,010 $333,975,336
1960 $377,020,202 $313,582,728

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

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

GDP per capita in Bolivia vs Chad by year

Bolivia
GDP per capita

GDP per capita, PPP
Chad
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Chad
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,421 $12,878 $962 $2,743
2023 $4,275 $12,892 $949 $2,700
2022 $4,219 $12,307 $966 $2,624
2021 $4,011 $11,202 $946 $2,435
2020 $3,581 $9,581 $867 $2,186
2019 $4,203 $11,005 $893 $2,352
2018 $4,207 $10,758 $949 $2,228
2017 $4,048 $10,420 $854 $2,097
2016 $3,036 $9,242 $862 $2,120
2015 $2,996 $8,757 $994 $2,378
2014 $3,041 $8,629 $1,279 $2,133
2013 $2,870 $8,069 $1,305 $2,110
2012 $2,576 $7,184 $1,354 $2,435
2011 $2,316 $6,598 $1,308 $2,388
2010 $1,930 $6,245 $1,142 $2,320
2009 $1,731 $6,024 $1,036 $2,087
2008 $1,693 $5,890 $1,166 $2,181
2007 $1,355 $5,537 $980 $2,149
2006 $1,203 $5,244 $907 $2,079
2005 $1,020 $4,938 $838 $2,102
2004 $953 $4,663 $446 $1,808
2003 $893 $4,433 $289.1 $1,378
2002 $888 $4,304 $219.1 $1,226
2001 $930 $4,205 $194.3 $1,152
2000 $976 $4,113 $163.1 $1,044
1999 $979 $3,991 $186.6 $1,066
1998 $1,022 $3,988 $219.8 $1,096
1997 $970 $3,822 $201.4 $1,049
1996 $922 $3,645 $216.9 $1,010
1995 $853 $3,494 $204 $1,014
1994 $774 $3,331 $173.9 $1,026
1993 $757 $3,177 $220.7 $933
1992 $760 $3,036 $290.6 $1,107
1991 $734 $2,981 $302 $1,046
1990 $683 $2,797 $290.6 $967
1989 $675 - $246.4 -
1988 $673 - $263.5 -
1987 $650 - $213.9 -
1986 $604 - $203.4 -
1985 $838 - $202.7 -
1984 $982 - $182.2 -
1983 $882 - $167.2 -
1982 $930 - $176.1 -
1981 $1,001 - $194 -
1980 $788 - $228.8 -
1979 $785 - $222.9 -
1978 $683 - $252.5 -
1977 $600 - $215.9 -
1976 $520 - $203.7 -
1975 $468 - $207.5 -
1974 $418 - $160 -
1973 $257.2 - $162.4 -
1972 $261.9 - $150.4 -
1971 $233.4 - $131.8 -
1970 $221.6 - $125.9 -
1969 $207.1 - $129.2 -
1968 $195.5 - $126.9 -
1967 $176.1 - $128.2 -
1966 $159.3 - $125.8 -
1965 $147.1 - $123.6 -
1964 $135.2 - $118.6 -
1963 $122.6 - $114.7 -
1962 $116.2 - $112.6 -
1961 $108.5 - $107.3 -
1960 $101.8 - $102.8 -

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

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

Bolivia's GDP per capita is $4,421, ranking 125/197, compared to $962 in Chad, ranking 182/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Chad ranks 182nd at $2,743.

Economic indicators

Bolivia Chad
Gross domestic product
$54.9B
2024
$19.5B
2024
GDP rank
88/197
2024
132/197
2024
GDP growth
-1.12%
2023-2024
4.2%
2023-2024
GDP per capita
$4,421
2024
$962
2024
GDP per capita rank
125/197
2024
182/197
2024
GDP per capita, PPP
$12,878
2024
$2,743
2024
GDP per capita PPP rank
122/197
2024
182/197
2024
Government debt
$53.8B
2024
$6.37B
2024
Debt-to-GDP ratio
98%
2024
32.7%
2024
Government debt per person
$4,331
2024
$314
2024
Government debt per person rank
88/185
2024
177/185
2024
Average annual personal income after taxes
$4,720
2026
$1,276
2026
Income share by richest 10%
31.3%
2023
29.5%
2022
Income share by poorest 10%
1.8%
2023
2.8%
2022
Government expenditure, % of GDP
39.8%
2024
18.8%
2024
Consumer prices inflation
5.1%
2023-2024
5.1%
2023-2024
Central bank interest rate
3.26%
2025
n/a
Unemployment rate
2.73%
2024
1.14%
2018
Population
12798112
21893857

Spending and national debt comparison by year

Bolivia
Spending

Debt
Chad
Spending

Debt
1x
Year % of GDP
Bolivia Chad
Government spending Government debt Government spending Government debt
2024 39.8% 98% 18.8% 32.7%
2023 38.7% 90.8% 17.1% 32.2%
2022 36% 80.1% 12.6% 32.1%
2021 34.8% 81.4% 13% 41.6%
2020 36.8% 78% 14.1% 41.7%
2019 36.1% 58.6% 10.6% 38.4%
2018 37.7% 53.1% 9.73% 33.8%
2017 38.6% 51.3% 11.3% 39.2%
2016 40% 46.5% 11.2% 40.1%
2015 44.5% 40.9% 13.8% 31.3%
2014 41.2% 37.6% 16.9% 29.4%
2013 35.4% 36.1% 16.6% 22.3%
2012 36% 35.4% 16.6% 20%
2011 35.4% 35.3% 16.3% 22.3%
2010 31.5% 37.6% 18.5% 22.9%
2009 33.2% 39.2% 19.8% 23.9%
2008 35.3% 36.8% 14.6% 15.7%
2007 32.7% 40% 13.6% 17.6%
2006 29.8% 54.4% 10.7% 20.1%
2005 33.2% 82.2% 8.87% 22%
2004 32.3% 89.8% 9.84% 25.2%
2003 32% 95.6% 14.9% 34.4%
2002 33.3% 86.7% 13.8% 42%
2001 32% 83% 12% 43.5%
2000 29.3% 74.3% 14% 52.4%
1999 29.4% 61.7% 12.9% 44.7%
1998 30% 61.2% 10.1% 34.7%
1997 28.3% 64.6% 12% 41.3%
1996 26% 72.4% 12% 40.5%
1995 25.8% 81.7% 12.3% 41.1%
1994 26.8% 87.6% - -
1993 27.2% 83.8% - -
1992 25.3% 92.4% - -
1991 24.2% 92.8% - -
1990 22.8% 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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Bolivia's government spending was $21.9B, accounting for 39.8% of its GDP, while Chad spent $3.67B, or 18.8% of GDP.

Debt-to-GDP ratio is 98% in Bolivia and 32.7% in Chad, ranking 26/185 and 151/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Chad
1x
Year Deficit/surplus, % of GDP
Bolivia Chad
2024 -10.6% -2.11%
2023 -10.9% -1.26%
2022 -7.12% 3.79%
2021 -9.33% -1.29%
2020 -12.7% 1.24%
2019 -7.25% -0.11%
2018 -8.17% 1.39%
2017 -7.86% -0.18%
2016 -7.24% -1.51%
2015 -6.93% -3.29%
2014 -3.41% -3.22%
2013 0.6% -1.5%
2012 1.72% 0.33%
2011 0.83% 1.75%
2010 1.62% -3.16%
2009 2.63% -8.44%
2008 3.53% 2.82%
2007 -1.54% 2.02%
2006 4.47% 1.7%
2005 -2.24% -0.05%
2004 -5.54% -1.84%
2003 -7.88% -4.32%
2002 -8.79% -4.08%
2001 -6.82% -3.53%
2000 -3.73% -4.68%
1999 -3.84% -4.07%
1998 -5.1% -1.73%
1997 -3.28% -2.58%
1996 -1.9% -2.86%
1995 -1.82% -3.12%
1994 -3% -
1993 -6.1% -
1992 -4.4% -
1991 -4.2% -
1990 -4.4% -
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/chad | 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 Chad's deficit of $412M, or 2.11% of GDP.

Over the past 30 years, Bolivia recorded a fiscal deficit in 23 of those years, while Chad ran a deficit in 22 years. On average, Bolivia posted an annual deficit equal to 4.29% of GDP, compared to deficit of 1.46% of GDP for Chad.

Inflation comparison by year

Inflation
Bolivia

Chad
1x
Year Consumer prices inflation
Bolivia Chad
2024 5.1% 5.1%
2023 2.58% 2.3%
2022 1.75% 5.8%
2021 0.74% -0.8%
2020 0.94% 4.5%
2019 1.84% -1%
2018 2.27% 4%
2017 2.82% -0.9%
2016 3.62% -1.6%
2015 4.06% 4.8%
2014 5.77% -5.5%
2013 5.74% 0.2%
2012 4.52% 7.5%
2011 9.88% 2%
2010 2.5% -2.1%
2009 3.35% 10.1%
2008 14% 8.3%
2007 8.71% -7.4%
2006 4.28% 9.6%
2005 5.39% 4.4%
2004 4.44% -4.8%
2003 3.34% -1.8%
2002 0.93% 5.2%
2001 1.59% 12.4%
2000 4.61% 3.8%
1999 2.16% -8.4%
1998 7.67% 4.3%
1997 4.71% 5.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Bolivia has recorded an average annual inflation rate of 4.26%, compared with 2.34% in Chad. In 2024, inflation was 5.1% in Bolivia and 5.1% in Chad.

Balance of trade

Bolivia Chad
Current account balance
-$1.41B
2024
-$37.7M
1994
Current account balance ranking
132/190
2024
82/190
1994
Current account balance, % of GDP
-2.56%
2024
-3.2%
1994
Goods imports
$9.15B
2024
$212M
1994
Goods exports
$8.93B
2024
$135M
1994
Service imports
$2.35B
2024
$199M
1994
Service exports
$1.14B
2024
$54.8M
1994
Imports of goods and services, % of GDP
25.5%
2024
18.1%
2024
Exports of goods and services, % of GDP
21.4%
2024
29.8%
2024

Economic freedom indices

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

Bolivia Chad
Economic freedom 42.4 51.2
Economic freedom ranking 184/197 154/197
Property rights 20.2 17.2
Government integrity 27.1 15.2
Judicial effectiveness 29.5 15
Tax burden 86.4 77.9
Government spending 56.3 92.2
Fiscal health 0.8 97.9
Business freedom 53.6 27.4
Labor freedom 52.2 53.7
Monetary freedom 67.1 71.6
Trade freedom 60.6 46.4
Investment freedom 15 60
Financial freedom 40 40

Economic freedom comparison by year

Bolivia
Chad
1x
Year Economic freedom index
Bolivia Chad
2026 42.4 51.2
2025 44.1 52.2
2024 43.5 51.4
2023 43.4 52
2022 43 49.8
2021 42.7 50.4
2020 42.8 50.2
2019 42.3 49.9
2018 44.1 49.3
2017 47.7 49
2016 47.4 46.3
2015 46.8 45.9
2014 48.4 44.5
2013 47.9 45.2
2012 50.2 44.8
2011 50 45.3
2010 49.4 47.5
2009 53.6 47.5
2008 53.1 47.8
2007 54.2 50.1
2006 57.8 50
2005 58.4 52.1
2004 64.5 53.1
2003 64.3 52.6
2002 65.1 49.2
2001 68 46.4
2000 65 46.8
1999 65.6 47.2
1998 68.8 46.6
1997 65.1 45.1
1996 65.2 -
1995 56.8 -

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

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 51.2 for Chad, ranking 154/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Chad
Services, % of GDP
53.4%
2024
29.8%
2024
Industry, % of GDP
31.3%
2024
28.7%
2024
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
37.7%
2024
GNI, Atlas method
$51.7B
2024
$19.1B
2024
GNI per capita, PPP
$12,620
2024
$2,710
2024
Total reserves including gold
$1.98B
2024
$1.05B
2023
Total reserves ranking
127/177
2024
140/177
2023
Net foreign direct investment
-$113M
2024
-$26.5M
1994
Net inflows of foreign direct investment
$387M
2024
$1.02B
2024
Net outflows of foreign direct investment
$133M
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
1.9%
2024
Poverty at national poverty lines
36.5%
2023
44.8%
2022
Gross capital formation, % of GDP
17.9%
2024
26.8%
2024

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/chad | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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.