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Economy of Bolivia vs Equatorial Guinea compared: GDP & Debt

Updated on by Georank

Bolivia has a GDP of $64.8B compared to $12.8B for Equatorial Guinea, ranking 88/197 and 150/197 by economy size, respectively.

Bolivia has $54.9B in government debt (84.8% of GDP), compared to $5.21B (40.6% of GDP) in Equatorial Guinea.

Bolivia vs Equatorial Guinea GDP by year

Bolivia
Equatorial Guinea
1x
Year GDP, current $
Bolivia Equatorial Guinea
2025 $64,768,947,525 $12,823,210,426
2024 $54,881,327,453 $13,254,388,261
2023 $52,340,206,946 $12,541,814,273
2022 $50,959,081,954 $13,687,643,436
2021 $47,877,892,402 $12,215,878,033
2020 $42,313,784,081 $9,893,816,008
2019 $49,056,643,589 $11,364,133,550
2018 $48,414,038,842 $13,097,012,134
2017 $45,927,439,595 $12,200,913,879
2016 $33,941,126,194 $11,240,808,848
2015 $33,000,198,249 $13,185,496,881
2014 $32,996,188,017 $21,765,453,082
2013 $30,659,338,886 $21,948,834,284
2012 $27,084,497,482 $22,388,344,144
2011 $23,963,164,697 $21,357,343,669
2010 $19,649,723,722 $16,314,443,436
2009 $17,339,992,194 $15,027,795,173
2008 $16,674,276,286 $19,749,893,536
2007 $13,120,108,008 $13,071,718,759
2006 $11,451,844,902 $10,086,528,699
2005 $9,549,122,905 $8,217,369,093
2004 $8,773,451,752 $4,410,764,339
2003 $8,082,399,640 $2,484,745,935
2002 $7,905,485,146 $1,806,742,742
2001 $8,141,516,928 $1,461,139,022
2000 $8,397,855,485 $1,045,998,496
1999 $8,285,064,435 $621,117,886
1998 $8,497,494,652 $370,687,634
1997 $7,925,736,821 $442,337,871
1996 $7,396,949,126 $232,463,023
1995 $6,715,161,732 $141,853,361
1994 $5,981,222,859 $100,807,003
1993 $5,734,699,489 $136,047,906
1992 $5,643,868,749 $134,707,184
1991 $5,343,262,457 $110,906,029
1990 $4,867,582,598 $112,119,411
1989 $4,715,973,437 $88,265,975
1988 $4,597,612,362 $100,534,657
1987 $4,347,956,338 $93,345,860
1986 $3,959,382,833 $76,407,396
1985 $5,377,276,555 $62,118,570
1984 $6,169,483,225 $50,320,914
1983 $5,422,656,823 $44,442,457
1982 $5,594,126,369 $44,294,648
1981 $5,891,598,695 $36,731,423
1980 $4,537,479,608 $50,642,881
1979 $4,421,336,383 -
1978 $3,758,220,890 -
1977 $3,227,436,282 $103,987,520
1976 $2,731,984,008 $103,653,050
1975 $2,404,697,651 $104,295,643
1974 $2,100,249,875 $94,159,863
1973 $1,262,968,516 $81,203,227
1972 $1,257,615,645 $65,429,198
1971 $1,095,622,896 $64,946,955
1970 $1,017,003,367 $66,331,429
1969 $929,629,630 $67,225,714
1968 $857,912,458 $67,514,286
1967 $755,808,081 $72,317,447
1966 $669,191,919 $69,110,000
1965 $604,377,104 $64,748,333
1964 $544,023,569 $51,915,000
1963 $482,828,283 $44,266,667
1962 $448,400,673 $37,253,333
1961 $410,101,010 -
1960 $377,020,202 -

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

GeoRank.org/economy/bolivia/equatorial-guinea | CC BY

GDP per capita in Bolivia vs Equatorial Guinea by year

Bolivia
GDP per capita

GDP per capita, PPP
Equatorial Guinea
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Equatorial Guinea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,148 - $6,615 -
2024 $4,421 $12,878 $7,004 $17,567
2023 $4,275 $12,892 $6,788 $17,412
2022 $4,219 $12,307 $7,589 $18,140
2021 $4,011 $11,202 $6,946 $16,821
2020 $3,581 $9,581 $5,764 $13,677
2019 $4,203 $11,005 $6,804 $16,451
2018 $4,207 $10,758 $8,102 $18,413
2017 $4,048 $10,420 $7,809 $18,435
2016 $3,036 $9,242 $7,453 $16,649
2015 $2,996 $8,757 $9,069 $19,479
2014 $3,041 $8,629 $15,549 $27,177
2013 $2,870 $8,069 $16,304 $27,910
2012 $2,576 $7,184 $17,309 $30,012
2011 $2,316 $6,598 $17,198 $27,242
2010 $1,930 $6,245 $13,720 $26,168
2009 $1,731 $6,024 $13,233 $29,722
2008 $1,693 $5,890 $18,211 $30,523
2007 $1,355 $5,537 $12,617 $26,611
2006 $1,203 $5,244 $10,185 $23,511
2005 $1,020 $4,938 $8,674 $22,137
2004 $953 $4,663 $4,901 $19,354
2003 $893 $4,433 $2,931 $14,496
2002 $888 $4,304 $2,264 $13,255
2001 $930 $4,205 $1,949 $11,627
2000 $976 $4,113 $1,487 $7,420
1999 $979 $3,991 $931 $6,470
1998 $1,022 $3,988 $578 $5,280
1997 $970 $3,822 $717 $4,387
1996 $922 $3,645 $392 $1,793
1995 $853 $3,494 $248.3 $1,098
1994 $774 $3,331 $183.2 $951
1993 $757 $3,177 $256.7 $828
1992 $760 $3,036 $263.7 $756
1991 $734 $2,981 $225.3 $569
1990 $683 $2,797 $236.4 $577
1989 $675 - $193.2 -
1988 $673 - $228.7 -
1987 $650 - $220.9 -
1986 $604 - $188.8 -
1985 $838 - $161.1 -
1984 $982 - $137.9 -
1983 $882 - $129.4 -
1982 $930 - $137.5 -
1981 $1,001 - $121.1 -
1980 $788 - $175.5 -
1979 $785 - - -
1978 $683 - - -
1977 $600 - $376 -
1976 $520 - $369 -
1975 $468 - $362 -
1974 $418 - $319 -
1973 $257.2 - $268.6 -
1972 $261.9 - $211.4 -
1971 $233.4 - $205.6 -
1970 $221.6 - $206.8 -
1969 $207.1 - $208.4 -
1968 $195.5 - $211.7 -
1967 $176.1 - $231.9 -
1966 $159.3 - $226.7 -
1965 $147.1 - $217.1 -
1964 $135.2 - $177.8 -
1963 $122.6 - $154.8 -
1962 $116.2 - $132.9 -
1961 $108.5 - - -
1960 $101.8 - - -

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

GeoRank.org/economy/bolivia/equatorial-guinea | CC BY

Bolivia's GDP per capita is $5,148, ranking 121/197, compared to $6,615 in Equatorial Guinea, ranking 107/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Equatorial Guinea ranks 106th at $17,567.

Economic indicators

Bolivia Equatorial Guinea
Gross domestic product
$64.8B
2025
$12.8B
2025
GDP rank
88/197
2025
150/197
2025
GDP growth
-1.58%
2024-2025
-5.85%
2024-2025
GDP per capita
$5,148
2025
$6,615
2025
GDP per capita rank
121/197
2025
107/197
2025
GDP per capita, PPP
$12,878
2024
$17,567
2024
GDP per capita PPP rank
122/197
2024
106/197
2024
Government debt
$54.9B
2025
$5.21B
2025
Debt-to-GDP ratio
84.8%
2025
40.6%
2025
Government debt per person
$4,364
2025
$2,686
2025
Government debt per person rank
93/185
2025
109/185
2025
Average annual personal income after taxes
$4,410
2026
$4,723
2026
Income share by richest 10%
30.6%
2024
29.1%
2022
Income share by poorest 10%
1.9%
2024
2.6%
2022
Government expenditure, % of GDP
32.2%
2025
20.7%
2025
Consumer prices inflation
19.5%
2024-2025
2.8%
2024-2025
Central bank interest rate
3.26%
2025
n/a
Unemployment rate
2.73%
2024
8.6%
2014
Population
12837312
2008950

Spending and national debt comparison by year

Bolivia
Spending

Debt
Equatorial Guinea
Spending

Debt
1x
Year % of GDP
Bolivia Equatorial Guinea
Government spending Government debt Government spending Government debt
2025 32.2% 84.8% 20.7% 40.6%
2024 33.5% 83.2% 18.5% 36.4%
2023 33.5% 78.3% 19.2% 39.1%
2022 31.2% 69.2% 14.8% 29.8%
2021 29.4% 68.7% 12.7% 42.3%
2020 31.9% 67.5% 16.2% 49.4%
2019 30.1% 48.9% 16.8% 43.2%
2018 31.4% 44.2% 19.1% 40.6%
2017 31.6% 41.9% 20.1% 36.2%
2016 32.9% 38.2% 27.8% 41.1%
2015 37% 34% 41.6% 31.7%
2014 34.9% 31.8% 31.6% 12.6%
2013 30.4% 31% 29.3% 6.27%
2012 31.3% 30.7% 35.2% 7.1%
2011 30.6% 30.5% 27.5% 7.17%
2010 27.5% 32.8% 31.2% 7.89%
2009 28.9% 34.1% 39.8% 4.34%
2008 31.1% 32.4% 19.9% 0.49%
2007 28.9% 35.5% 19.7% 0.75%
2006 26.6% 48.6% 18.1% 1.22%
2005 29.5% 73.2% 14.1% 2.85%
2004 29% 80.6% 15.5% 4.54%
2003 28.6% 85.5% 11.8% 6.77%
2002 29.6% 77.2% 11.3% 19.4%
2001 28.6% 74.4% 13.5% 25.5%
2000 26.2% 66.5% 22.6% 36.6%
1999 26.3% 61.7% 18.7% 60.5%
1998 26.8% 61.2% 35.1% 59.2%
1997 25.3% 64.6% 14.8% 46.3%
1996 23.3% 72.4% 22.9% 91.2%
1995 23.1% 81.7% 141.5% 136.9%
1994 23.9% 87.6% 510% 216%
1993 24.3% 83.8% 256.3% 152.6%
1992 22.6% 92.4% 595% 136.9%
1991 21.6% 92.8% 284.5% 169.5%
1990 20.4% 102.9% 212.9% 157%
1989 24.4% 98% 116.8% 187%
1988 24% 115.9% 227.9% 154.5%
1987 24.4% 145.3% 183% 141.3%
1986 22.2% 149% 119% 152.5%
1985 21.8% 205.2% 115.4% 183.8%
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/equatorial-guinea | CC BY

In 2025, Bolivia's government spending was $20.8B, accounting for 32.2% of its GDP, while Equatorial Guinea spent $2.65B, or 20.7% of GDP.

Debt-to-GDP ratio is 84.8% in Bolivia and 40.6% in Equatorial Guinea, ranking 36/185 and 132/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Equatorial Guinea
1x
Year Deficit/surplus, % of GDP
Bolivia Equatorial Guinea
2025 -11.6% -2.55%
2024 -8.7% -0.55%
2023 -9.46% 2.39%
2022 -6.15% 11.7%
2021 -7.87% 2.65%
2020 -11% -1.77%
2019 -6.04% 1.82%
2018 -6.8% 0.52%
2017 -6.42% -2.59%
2016 -5.95% -10.9%
2015 -5.76% -15.1%
2014 -2.88% -7.54%
2013 0.51% -4.4%
2012 1.49% -7.24%
2011 0.72% 0.83%
2010 1.42% -4.53%
2009 2.29% -6.47%
2008 3.1% 14.6%
2007 -1.37% 17.2%
2006 3.99% 21.8%
2005 -2% 18.5%
2004 -4.97% 9.22%
2003 -7.04% 9.99%
2002 -7.82% 17.6%
2001 -6.11% 14.9%
2000 -3.34% -2.67%
1999 -3.43% -0.19%
1998 -4.56% -7.65%
1997 -2.94% 3.21%
1996 -1.7% -6.36%
1995 -1.63% -123.4%
1994 -2.68% -487%
1993 -5.46% -217.9%
1992 -3.94% -557%
1991 -3.76% -236%
1990 -3.94% -160.2%
1989 -5.5% -76.2%
1988 -6.5% -208.5%
1987 -7.7% -158%
1986 -2.7% -97.3%
1985 -9.8% -89.3%
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/equatorial-guinea | 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 Equatorial Guinea's deficit of $327M, or 2.55% of GDP.

Over the past 41 years, Bolivia recorded a fiscal deficit in 34 of those years, while Equatorial Guinea ran a deficit in 26 years. On average, Bolivia posted an annual deficit equal to 4.24% of GDP, compared to deficit of 57.2% of GDP for Equatorial Guinea.

Inflation comparison by year

Inflation
Bolivia

Equatorial Guinea
1x
Year Consumer prices inflation
Bolivia Equatorial Guinea
2025 19.5% 2.8%
2024 5.1% 3.4%
2023 2.58% 2.4%
2022 1.75% 4.9%
2021 0.74% -0.1%
2020 0.94% 4.8%
2019 1.84% 1.2%
2018 2.27% 1.3%
2017 2.82% 0.7%
2016 3.62% 1.4%
2015 4.06% 1.7%
2014 5.77% 4.3%
2013 5.74% 3.2%
2012 4.52% 3.4%
2011 9.88% 4.8%
2010 2.5% 5.3%
2009 3.35% 5.7%
2008 14% 4.7%
2007 8.71% 2.8%
2006 4.28% 4.5%
2005 5.39% 5.6%
2004 4.44% 4.2%
2003 3.34% 7.3%
2002 0.93% 7.6%
2001 1.59% 8.7%
2000 4.61% 4.8%
1999 2.16% 0.4%
1998 7.67% 7.9%
1997 4.71% 3%

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/equatorial-guinea | CC BY

Over the past 29 years, Bolivia has recorded an average annual inflation rate of 4.79%, compared with 3.89% in Equatorial Guinea. In 2025, inflation was 19.5% in Bolivia and 2.8% in Equatorial Guinea.

Top exports between countries

Bolivia
Export category Export value
Animal & marine products $79K
Equatorial Guinea
Export category Export value
Miscellaneous $5K

Balance of trade

Bolivia Equatorial Guinea
Current account balance
-$1.22B
2025
-$344M
1996
Current account balance ranking
124/190
2025
98/190
1996
Current account balance, % of GDP
-1.88%
2025
-148%
1996
Goods imports
$9.23B
2025
$292M
1996
Goods exports
$9.56B
2025
$175M
1996
Service imports
$2.25B
2025
$185M
1996
Service exports
$1.21B
2025
$4.88M
1996
Imports of goods and services, % of GDP
25.5%
2024
28.4%
2025
Exports of goods and services, % of GDP
21.4%
2024
46.5%
2025

Economic freedom indices

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

Bolivia Equatorial Guinea
Economic freedom 42.4 47.4
Economic freedom ranking 184/197 175/197
Property rights 20.2 16.9
Government integrity 27.1 6.9
Judicial effectiveness 29.5 7.2
Tax burden 86.4 81
Government spending 56.3 90.8
Fiscal health 0.8 97.3
Business freedom 53.6 35.9
Labor freedom 52.2 45.2
Monetary freedom 67.1 73.5
Trade freedom 60.6 43.6
Investment freedom 15 40
Financial freedom 40 30

Economic freedom comparison by year

Bolivia
Equatorial Guinea
1x
Year Economic freedom index
Bolivia Equatorial Guinea
2026 42.4 47.4
2025 44.1 47.7
2024 43.5 47.7
2023 43.4 48.3
2022 43 47.2
2021 42.7 49.2
2020 42.8 48.3
2019 42.3 41
2018 44.1 42
2017 47.7 45
2016 47.4 43.7
2015 46.8 40.4
2014 48.4 44.4
2013 47.9 42.3
2012 50.2 42.8
2011 50 47.5
2010 49.4 48.6
2009 53.6 51.3
2008 53.1 51.6
2007 54.2 53.2
2006 57.8 51.5
2005 58.4 53.3
2004 64.5 53.3
2003 64.3 53.1
2002 65.1 46.4
2001 68 47.9
2000 65 45.6
1999 65.6 45.1
1998 68.8 -
1997 65.1 -
1996 65.2 -
1995 56.8 -

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

GeoRank.org/economy/bolivia/equatorial-guinea | CC BY

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 47.4 for Equatorial Guinea, ranking 175/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Equatorial Guinea
Services, % of GDP
53.4%
2024
55.5%
2025
Industry, % of GDP
31.3%
2024
41.4%
2025
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
3.21%
2025
GNI, Atlas method
$55.6B
2025
$11.4B
2025
GNI per capita, PPP
$12,530
2025
$14,610
2025
Total reserves including gold
$580M
2025
$1.08B
2024
Total reserves ranking
155/177
2025
141/177
2024
Net foreign direct investment
-$464M
2025
-$376M
1996
Net inflows of foreign direct investment
$358M
2024
$188M
2024
Net outflows of foreign direct investment
$133M
2024
$154M
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
n/a
Poverty at national poverty lines
37.7%
2024
50.7%
2022
Gross capital formation, % of GDP
17.9%
2024
-3.68%
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/equatorial-guinea | CC BY

Compare countries by 7 more topics

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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 (2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2014, 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.