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Economy of Bolivia vs Chad compared: GDP & Debt

Updated on by Georank

Bolivia has a GDP of $64.8B compared to $21.5B for Chad, ranking 88/197 and 131/197 by economy size, respectively.

Bolivia has $54.9B in government debt (84.8% of GDP), compared to $6.53B (30.4% of GDP) in Chad.

Bolivia vs Chad GDP by year

Bolivia
Chad
1x
Year GDP, current $
Bolivia Chad
2025 $64,768,947,525 $21,472,835,225
2024 $54,881,327,453 $19,906,706,690
2023 $52,340,206,946 $18,352,937,976
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 (1960–2025, retrieved 2026-07-08).

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
2025 $5,148 - $1,022 -
2024 $4,421 $12,878 $981 $2,743
2023 $4,275 $12,892 $950 $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 (1960–2025, retrieved 2026-07-08).

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

Bolivia's GDP per capita is $5,148, ranking 121/197, compared to $1,022 in Chad, ranking 181/197. 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
$64.8B
2025
$21.5B
2025
GDP rank
88/197
2025
131/197
2025
GDP growth
-1.58%
2024-2025
5.59%
2024-2025
GDP per capita
$5,148
2025
$1,022
2025
GDP per capita rank
121/197
2025
181/197
2025
GDP per capita, PPP
$12,878
2024
$2,743
2024
GDP per capita PPP rank
122/197
2024
182/197
2024
Government debt
$54.9B
2025
$6.53B
2025
Debt-to-GDP ratio
84.8%
2025
30.4%
2025
Government debt per person
$4,364
2025
$311
2025
Government debt per person rank
93/185
2025
178/185
2025
Average annual personal income after taxes
$4,410
2026
$1,529
2026
Income share by richest 10%
30.6%
2024
29.5%
2022
Income share by poorest 10%
1.9%
2024
2.8%
2022
Government expenditure, % of GDP
32.2%
2025
18.6%
2025
Consumer prices inflation
19.5%
2024-2025
-2.6%
2024-2025
Central bank interest rate
3.26%
2025
n/a
Unemployment rate
2.73%
2024
3.11%
2022
Population
12837312
21855137

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
2025 32.2% 84.8% 18.6% 30.4%
2024 33.5% 83.2% 18.1% 31.4%
2023 33.5% 78.3% 17.1% 32.2%
2022 31.2% 69.2% 12.6% 32.1%
2021 29.4% 68.7% 13% 41.7%
2020 31.9% 67.5% 14.1% 41.6%
2019 30.1% 48.9% 10.6% 38.4%
2018 31.4% 44.2% 9.73% 33.8%
2017 31.6% 41.9% 11.3% 39.1%
2016 32.9% 38.2% 11.2% 40.2%
2015 37% 34% 13.8% 31.3%
2014 34.9% 31.8% 16.9% 29.4%
2013 30.4% 31% 16.6% 22.3%
2012 31.3% 30.7% 16.6% 20%
2011 30.6% 30.5% 16.3% 22.3%
2010 27.5% 32.8% 18.5% 22.9%
2009 28.9% 34.1% 19.8% 23.9%
2008 31.1% 32.4% 14.6% 15.7%
2007 28.9% 35.5% 13.6% 17.6%
2006 26.6% 48.6% 10.7% 20.1%
2005 29.5% 73.2% 8.87% 22%
2004 29% 80.6% 9.84% 25.2%
2003 28.6% 85.5% 14.9% 34.4%
2002 29.6% 77.2% 13.8% 42%
2001 28.6% 74.4% 12% 43.5%
2000 26.2% 66.5% 14% 52.4%
1999 26.3% 61.7% 12.9% 44.7%
1998 26.8% 61.2% 10.1% 34.7%
1997 25.3% 64.6% 12% 41.3%
1996 23.3% 72.4% 12% 40.5%
1995 23.1% 81.7% 12.3% 41.1%
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/bolivia/chad | CC BY

In 2025, Bolivia's government spending was $20.8B, accounting for 32.2% of its GDP, while Chad spent $3.99B, or 18.6% of GDP.

Debt-to-GDP ratio is 84.8% in Bolivia and 30.4% in Chad, ranking 36/185 and 152/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Chad
1x
Year Deficit/surplus, % of GDP
Bolivia Chad
2025 -11.6% -1.26%
2024 -8.7% -2.03%
2023 -9.46% -1.26%
2022 -6.15% 3.79%
2021 -7.87% -1.29%
2020 -11% 1.24%
2019 -6.04% -0.11%
2018 -6.8% 1.39%
2017 -6.42% -0.18%
2016 -5.95% -1.51%
2015 -5.76% -3.29%
2014 -2.88% -3.22%
2013 0.51% -1.5%
2012 1.49% 0.33%
2011 0.72% 1.75%
2010 1.42% -3.16%
2009 2.29% -8.44%
2008 3.1% 2.82%
2007 -1.37% 2.02%
2006 3.99% 1.7%
2005 -2% -0.05%
2004 -4.97% -1.84%
2003 -7.04% -4.32%
2002 -7.82% -4.08%
2001 -6.11% -3.53%
2000 -3.34% -4.68%
1999 -3.43% -4.07%
1998 -4.56% -1.73%
1997 -2.94% -2.58%
1996 -1.7% -2.86%
1995 -1.63% -3.12%
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/bolivia/chad | CC BY

In 2025, Bolivia's government deficit, the difference between spending and revenue, was $7.51B, equivalent to 11.6% of GDP. This compares to Chad's deficit of $271M, or 1.26% of GDP.

Over the past 31 years, Bolivia recorded a fiscal deficit in 24 of those years, while Chad ran a deficit in 23 years. On average, Bolivia posted an annual deficit equal to 3.94% of GDP, compared to deficit of 1.45% of GDP for Chad.

Inflation comparison by year

Inflation
Bolivia

Chad
1x
Year Consumer prices inflation
Bolivia Chad
2025 19.5% -2.6%
2024 5.1% 5.7%
2023 2.58% 4.1%
2022 1.75% 5.8%
2021 0.74% -0.8%
2020 0.94% -2.7%
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 (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Bolivia has recorded an average annual inflation rate of 4.79%, compared with 2.01% in Chad. In 2025, inflation was 19.5% in Bolivia and -2.6% in Chad.

Balance of trade

Bolivia Chad
Current account balance
-$1.22B
2025
-$37.7M
1994
Current account balance ranking
124/190
2025
75/190
1994
Current account balance, % of GDP
-1.88%
2025
-3.2%
1994
Goods imports
$9.23B
2025
$212M
1994
Goods exports
$9.56B
2025
$135M
1994
Service imports
$2.25B
2025
$199M
1994
Service exports
$1.21B
2025
$54.8M
1994
Imports of goods and services, % of GDP
25.5%
2024
16.7%
2025
Exports of goods and services, % of GDP
21.4%
2024
29.4%
2025

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 2026-07-08).

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
33.9%
2025
Industry, % of GDP
31.3%
2024
26.7%
2025
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
36.3%
2025
GNI, Atlas method
$55.6B
2025
$20.4B
2025
GNI per capita, PPP
$12,530
2025
$2,770
2025
Total reserves including gold
$580M
2025
$1.55B
2024
Total reserves ranking
155/177
2025
133/177
2024
Net foreign direct investment
-$464M
2025
-$26.5M
1994
Net inflows of foreign direct investment
$358M
2024
$1.02B
2024
Net outflows of foreign direct investment
$133M
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
1.91%
2024
Poverty at national poverty lines
37.7%
2024
44.8%
2022
Gross capital formation, % of GDP
17.9%
2024
20.4%
2025

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/chad | 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. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. 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.