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Economy of Bolivia vs Fiji compared: GDP & Debt

Updated on by Georank team

Bolivia has a GDP of $54.9B compared to $5.97B for Fiji, ranking 88/197 and 161/197 by economy size, respectively.

Bolivia has $53.8B in government debt (98% of GDP), compared to $4.54B (76.2% of GDP) in Fiji.

Bolivia vs Fiji GDP by year

Bolivia
Fiji
1x
Year GDP, current $
Bolivia Fiji
2024 $54,881,327,453 $5,968,125,909
2023 $52,340,206,946 $5,476,673,518
2022 $50,959,081,954 $4,977,861,886
2021 $47,877,892,402 $4,158,873,156
2020 $42,313,784,081 $4,227,719,873
2019 $49,056,643,589 $5,344,907,153
2018 $48,414,038,842 $5,581,425,327
2017 $45,927,439,595 $5,353,469,174
2016 $33,941,126,194 $4,930,213,644
2015 $33,000,198,249 $4,682,479,894
2014 $32,996,188,017 $4,857,104,769
2013 $30,659,338,886 $4,189,967,999
2012 $27,084,497,482 $3,972,028,104
2011 $23,963,164,697 $3,779,411,899
2010 $19,649,723,722 $3,140,166,713
2009 $17,339,992,194 $2,870,624,636
2008 $16,674,276,286 $3,523,185,920
2007 $13,120,108,008 $3,378,314,600
2006 $11,451,844,902 $3,076,305,453
2005 $9,549,122,905 $2,980,403,845
2004 $8,773,451,752 $2,708,078,477
2003 $8,082,399,640 $2,300,492,465
2002 $7,905,485,146 $1,833,279,985
2001 $8,141,516,928 $1,652,462,023
2000 $8,397,855,485 $1,678,219,508
1999 $8,285,064,435 $1,936,459,986
1998 $8,497,494,652 $1,653,146,717
1997 $7,925,736,821 $2,090,221,137
1996 $7,396,949,126 $2,128,696,644
1995 $6,715,161,732 $1,970,301,486
1994 $5,981,222,859 $1,825,732,093
1993 $5,734,699,489 $1,636,101,247
1992 $5,643,868,749 $1,532,411,039
1991 $5,343,262,457 $1,383,883,250
1990 $4,867,582,598 $1,337,017,559
1989 $4,715,973,437 $1,182,660,266
1988 $4,597,612,362 $1,110,009,523
1987 $4,347,956,338 $1,177,947,965
1986 $3,959,382,833 $1,290,267,340
1985 $5,377,276,555 $1,141,168,944
1984 $6,169,483,225 $1,178,000,678
1983 $5,422,656,823 $1,123,085,190
1982 $5,594,126,369 $1,194,059,943
1981 $5,891,598,695 $1,235,626,771
1980 $4,537,479,608 $1,202,618,816
1979 $4,421,336,383 $1,019,691,460
1978 $3,758,220,890 $829,267,889
1977 $3,227,436,282 $719,501,766
1976 $2,731,984,008 $694,540,806
1975 $2,404,697,651 $684,282,434
1974 $2,100,249,875 $558,587,097
1973 $1,262,968,516 $425,950,488
1972 $1,257,615,645 $316,656,649
1971 $1,095,622,896 $247,749,328
1970 $1,017,003,367 $219,878,482
1969 $929,629,630 $182,182,068
1968 $857,912,458 $166,952,937
1967 $755,808,081 $162,625,886
1966 $669,191,919 $150,603,926
1965 $604,377,104 $147,084,750
1964 $544,023,569 $140,032,741
1963 $482,828,283 $129,454,729
1962 $448,400,673 $122,906,435
1961 $410,101,010 $116,987,785
1960 $377,020,202 $112,328,422

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

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

GDP per capita in Bolivia vs Fiji by year

Bolivia
GDP per capita

GDP per capita, PPP
Fiji
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Fiji
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,421 $12,878 $6,426 $15,450
2023 $4,275 $12,892 $5,926 $14,644
2022 $4,219 $12,307 $5,414 $12,982
2021 $4,011 $11,202 $4,537 $10,322
2020 $3,581 $9,581 $4,621 $10,716
2019 $4,203 $11,005 $5,842 $12,978
2018 $4,207 $10,758 $6,085 $12,984
2017 $4,048 $10,420 $5,827 $12,585
2016 $3,036 $9,242 $5,364 $11,766
2015 $2,996 $8,757 $5,098 $11,519
2014 $3,041 $8,629 $5,293 $10,516
2013 $2,870 $8,069 $4,572 $8,842
2012 $2,576 $7,184 $4,341 $8,204
2011 $2,316 $6,598 $4,140 $7,672
2010 $1,930 $6,245 $3,449 $7,339
2009 $1,731 $6,024 $3,164 $7,068
2008 $1,693 $5,890 $3,900 $7,154
2007 $1,355 $5,537 $3,763 $6,990
2006 $1,203 $5,244 $3,455 $6,921
2005 $1,020 $4,938 $3,378 $6,652
2004 $953 $4,663 $3,097 $6,463
2003 $893 $4,433 $2,656 $6,033
2002 $888 $4,304 $2,137 $5,914
2001 $930 $4,205 $1,945 $5,699
2000 $976 $4,113 $1,996 $5,521
1999 $979 $3,991 $2,328 $5,552
1998 $1,022 $3,988 $2,010 $5,090
1997 $970 $3,822 $2,574 $5,031
1996 $922 $3,645 $2,648 $5,109
1995 $853 $3,494 $2,467 $4,818
1994 $774 $3,331 $2,297 $4,627
1993 $757 $3,177 $2,070 $4,334
1992 $760 $3,036 $1,951 $4,172
1991 $734 $2,981 $1,775 $3,873
1990 $683 $2,797 $1,729 $3,882
1989 $675 - $1,543 -
1988 $673 - $1,463 -
1987 $650 - $1,569 -
1986 $604 - $1,745 -
1985 $838 - $1,577 -
1984 $982 - $1,667 -
1983 $882 - $1,628 -
1982 $930 - $1,773 -
1981 $1,001 - $1,879 -
1980 $788 - $1,873 -
1979 $785 - $1,627 -
1978 $683 - $1,355 -
1977 $600 - $1,204 -
1976 $520 - $1,186 -
1975 $468 - $1,188 -
1974 $418 - $984 -
1973 $257.2 - $762 -
1972 $261.9 - $575 -
1971 $233.4 - $458 -
1970 $221.6 - $414 -
1969 $207.1 - $350 -
1968 $195.5 - $327 -
1967 $176.1 - $326 -
1966 $159.3 - $310 -
1965 $147.1 - $311 -
1964 $135.2 - $306 -
1963 $122.6 - $291.4 -
1962 $116.2 - $285.5 -
1961 $108.5 - $280.3 -
1960 $101.8 - $277.4 -

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

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

Bolivia's GDP per capita is $4,421, ranking 125/197, compared to $6,426 in Fiji, ranking 108/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Fiji ranks 113th at $15,450.

Economic indicators

Bolivia Fiji
Gross domestic product
$54.9B
2024
$5.97B
2024
GDP rank
88/197
2024
161/197
2024
GDP growth
-1.12%
2023-2024
3.53%
2023-2024
GDP per capita
$4,421
2024
$6,426
2024
GDP per capita rank
125/197
2024
108/197
2024
GDP per capita, PPP
$12,878
2024
$15,450
2024
GDP per capita PPP rank
122/197
2024
113/197
2024
Government debt
$53.8B
2024
$4.54B
2024
Debt-to-GDP ratio
98%
2024
76.2%
2024
Government debt per person
$4,331
2024
$4,893
2024
Government debt per person rank
88/185
2024
80/185
2024
Average annual personal income after taxes
$4,720
2026
$6,964
2026
Income share by richest 10%
31.3%
2023
24.2%
2019
Income share by poorest 10%
1.8%
2023
3.5%
2019
Government expenditure, % of GDP
39.8%
2024
29.7%
2024
Consumer prices inflation
5.1%
2023-2024
4.51%
2023-2024
Central bank interest rate
3.26%
2025
0.25%
2020
Unemployment rate
2.73%
2024
5.36%
2024
Population
12798112
938628

Spending and national debt comparison by year

Bolivia
Spending

Debt
Fiji
Spending

Debt
1x
Year % of GDP
Bolivia Fiji
Government spending Government debt Government spending Government debt
2024 39.8% 98% 29.7% 76.2%
2023 38.7% 90.8% 28.8% 79.1%
2022 36% 80.1% 30.9% 83.3%
2021 34.8% 81.4% 36.7% 89%
2020 36.8% 78% 36.2% 72.9%
2019 36.1% 58.6% 30.8% 49.7%
2018 37.7% 53.1% 31.8% 44.8%
2017 38.6% 51.3% 27.3% 42.2%
2016 40% 46.5% 31.4% 43.6%
2015 44.5% 40.9% 29.8% 43%
2014 41.2% 37.6% 29.1% 44.5%
2013 35.4% 36.1% 25.1% 45.8%
2012 36% 35.4% 25.5% 47.7%
2011 35.4% 35.3% 25.3% 48.6%
2010 31.5% 37.6% 24.8% 51.8%
2009 33.2% 39.2% 26.2% 51.5%
2008 35.3% 36.8% 22.6% 47.5%
2007 32.7% 40% 23.3% 46%
2006 29.8% 54.4% 24.8% 49.2%
2005 33.2% 82.2% 23.3% 44%
2004 32.3% 89.8% 24% 44.5%
2003 32% 95.6% 25.8% 44.9%
2002 33.3% 86.7% 27.4% 43.4%
2001 32% 83% 26.4% 41%
2000 29.3% 74.3% 24.8% 36.9%
1999 29.4% 61.7% 23.2% 32.7%
1998 30% 61.2% 26.8% 36.6%
1997 28.3% 64.6% 29.1% 54.1%
1996 26% 72.4% 26.4% 48.8%
1995 25.8% 81.7% 23.2% 48.4%
1994 26.8% 87.6% 24.3% 47.6%
1993 27.2% 83.8% 25.7% 44.3%
1992 25.3% 92.4% 25.8% 42.2%
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/fiji | CC BY

In 2024, Bolivia's government spending was $21.9B, accounting for 39.8% of its GDP, while Fiji spent $1.77B, or 29.7% of GDP.

Debt-to-GDP ratio is 98% in Bolivia and 76.2% in Fiji, ranking 26/185 and 47/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Fiji
1x
Year Deficit/surplus, % of GDP
Bolivia Fiji
2024 -10.6% -3.36%
2023 -10.9% -6.82%
2022 -7.12% -11.2%
2021 -9.33% -14.6%
2020 -12.7% -9.24%
2019 -7.25% -3.67%
2018 -8.17% -4.72%
2017 -7.86% -2.22%
2016 -7.24% -5.58%
2015 -6.93% -3.8%
2014 -3.41% -3.36%
2013 0.6% -0.08%
2012 1.72% -0.67%
2011 0.83% -0.69%
2010 1.62% -1.26%
2009 2.63% -2.76%
2008 3.53% 1.54%
2007 -1.54% 0.35%
2006 4.47% -0.74%
2005 -2.24% -1.14%
2004 -5.54% -0.95%
2003 -7.88% -3.34%
2002 -8.79% -3.58%
2001 -6.82% -4.4%
2000 -3.73% -1.37%
1999 -3.84% 1.1%
1998 -5.1% 5.21%
1997 -3.28% -4.48%
1996 -1.9% -3.35%
1995 -1.82% 0.77%
1994 -3% -0.19%
1993 -6.1% -1.83%
1992 -4.4% -2.14%
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/fiji | 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 Fiji's deficit of $201M, or 3.36% of GDP.

Over the past 33 years, Bolivia recorded a fiscal deficit in 26 of those years, while Fiji ran a deficit in 28 years. On average, Bolivia posted an annual deficit equal to 4.31% of GDP, compared to deficit of 2.81% of GDP for Fiji.

Inflation comparison by year

Inflation
Bolivia

Fiji
1x
Year Consumer prices inflation
Bolivia Fiji
2024 5.1% 4.51%
2023 2.58% 2.34%
2022 1.75% 4.32%
2021 0.74% 0.16%
2020 0.94% -2.6%
2019 1.84% 1.77%
2018 2.27% 4.08%
2017 2.82% 3.35%
2016 3.62% 3.86%
2015 4.06% 1.37%
2014 5.77% 0.52%
2013 5.74% 2.91%
2012 4.52% 3.42%
2011 9.88% 7.28%
2010 2.5% 3.69%
2009 3.35% 3.13%
2008 14% 7.73%
2007 8.71% 4.8%
2006 4.28% 2.49%
2005 5.39% 2.37%
2004 4.44% 2.83%
2003 3.34% 4.17%
2002 0.93% 0.76%
2001 1.59% 4.27%
2000 4.61% 1.09%
1999 2.16% 1.97%
1998 7.67% 5.71%
1997 4.71% 3.37%

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

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

Over the past 28 years, Bolivia has recorded an average annual inflation rate of 4.26%, compared with 3.06% in Fiji. In 2024, inflation was 5.1% in Bolivia and 4.51% in Fiji.

Balance of trade

Bolivia Fiji
Current account balance
-$1.41B
2024
-$866M
2022
Current account balance ranking
132/190
2024
120/190
2022
Current account balance, % of GDP
-2.56%
2024
-17.4%
2022
Goods imports
$9.15B
2024
$2.68B
2022
Goods exports
$8.93B
2024
$1.05B
2022
Service imports
$2.35B
2024
$754M
2022
Service exports
$1.14B
2024
$1.33B
2022
Imports of goods and services, % of GDP
25.5%
2024
69.2%
2023
Exports of goods and services, % of GDP
21.4%
2024
57%
2023

Economic freedom indices

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

Bolivia Fiji
Economic freedom 42.4 59.5
Economic freedom ranking 184/197 103/197
Property rights 20.2 59.9
Government integrity 27.1 55.4
Judicial effectiveness 29.5 53.2
Tax burden 86.4 87.8
Government spending 56.3 70
Fiscal health 0.8 7.5
Business freedom 53.6 69.5
Labor freedom 52.2 66.9
Monetary freedom 67.1 72.4
Trade freedom 60.6 66.6
Investment freedom 15 55
Financial freedom 40 50

Economic freedom comparison by year

Bolivia
Fiji
1x
Year Economic freedom index
Bolivia Fiji
2026 42.4 59.5
2025 44.1 59.1
2024 43.5 58
2023 43.4 58
2022 43 56.4
2021 42.7 62.2
2020 42.8 63.4
2019 42.3 62.2
2018 44.1 62
2017 47.7 63.4
2016 47.4 58.8
2015 46.8 59
2014 48.4 58.7
2013 47.9 57.2
2012 50.2 57.3
2011 50 60.4
2010 49.4 60.3
2009 53.6 61
2008 53.1 61.8
2007 54.2 60.8
2006 57.8 58.4
2005 58.4 58.2
2004 64.5 58
2003 64.3 54.7
2002 65.1 53.9
2001 68 53.7
2000 65 57.8
1999 65.6 58.4
1998 68.8 58.2
1997 65.1 58
1996 65.2 57.4
1995 56.8 54.7

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

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 59.5 for Fiji, ranking 103/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Fiji
Services, % of GDP
53.4%
2024
54.6%
2024
Industry, % of GDP
31.3%
2024
16.5%
2024
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
13.2%
2024
GNI, Atlas method
$51.7B
2024
$5.4B
2024
GNI per capita, PPP
$12,620
2024
$14,490
2024
Total reserves including gold
$1.98B
2024
$1.6B
2024
Total reserves ranking
127/177
2024
133/177
2024
Net foreign direct investment
-$113M
2024
-$86.9M
2022
Net inflows of foreign direct investment
$387M
2024
$204M
2024
Net outflows of foreign direct investment
$133M
2024
$25.6M
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
4.36%
2024
Poverty at national poverty lines
36.5%
2023
31%
2020
Gross capital formation, % of GDP
17.9%
2024
19.7%
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/fiji | 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)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.