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Economy of Bolivia vs Gabon compared: GDP & Debt

Updated on by Georank team

Bolivia has a GDP of $54.9B compared to $20.9B for Gabon, ranking 88/197 and 127/197 by economy size, respectively.

Bolivia has $53.8B in government debt (98% of GDP), compared to $15.2B (72.7% of GDP) in Gabon.

Bolivia vs Gabon GDP by year

Bolivia
Gabon
1x
Year GDP, current $
Bolivia Gabon
2024 $54,881,327,453 $20,895,684,426
2023 $52,340,206,946 $19,388,372,071
2022 $50,959,081,954 $20,440,655,695
2021 $47,877,892,402 $19,444,935,097
2020 $42,313,784,081 $15,342,236,164
2019 $49,056,643,589 $16,874,405,465
2018 $48,414,038,842 $16,867,326,402
2017 $45,927,439,595 $14,929,487,485
2016 $33,941,126,194 $14,023,890,265
2015 $33,000,198,249 $14,383,107,763
2014 $32,996,188,017 $18,203,966,896
2013 $30,659,338,886 $17,595,744,798
2012 $27,084,497,482 $17,170,464,016
2011 $23,963,164,697 $18,210,307,744
2010 $19,649,723,722 $14,372,593,020
2009 $17,339,992,194 $12,113,699,068
2008 $16,674,276,286 $15,571,348,344
2007 $13,120,108,008 $12,455,409,587
2006 $11,451,844,902 $10,327,598,306
2005 $9,549,122,905 $9,582,783,991
2004 $8,773,451,752 $7,770,219,008
2003 $8,082,399,640 $6,511,903,365
2002 $7,905,485,146 $5,335,451,100
2001 $8,141,516,928 $5,023,265,413
2000 $8,397,855,485 $5,080,483,629
1999 $8,285,064,435 $4,662,992,036
1998 $8,497,494,652 $4,483,417,310
1997 $7,925,736,821 $5,326,817,115
1996 $7,396,949,126 $5,694,040,003
1995 $6,715,161,732 $4,958,845,648
1994 $5,981,222,859 $4,190,819,344
1993 $5,734,699,489 $4,378,645,081
1992 $5,643,868,749 $5,592,390,827
1991 $5,343,262,457 $5,402,919,785
1990 $4,867,582,598 $5,952,293,765
1989 $4,715,973,437 $4,186,411,464
1988 $4,597,612,362 $3,834,503,376
1987 $4,347,956,338 $3,281,797,043
1986 $3,959,382,833 $3,403,638,189
1985 $5,377,276,555 $3,339,914,757
1984 $6,169,483,225 $3,561,451,561
1983 $5,422,656,823 $3,391,275,732
1982 $5,594,126,369 $3,618,007,841
1981 $5,891,598,695 $3,862,269,121
1980 $4,537,479,608 $4,279,637,942
1979 $4,421,336,383 $3,030,251,120
1978 $3,758,220,890 $2,389,479,272
1977 $3,227,436,282 $2,809,349,069
1976 $2,731,984,008 $3,009,409,974
1975 $2,404,697,651 $2,157,592,940
1974 $2,100,249,875 $1,544,216,002
1973 $1,262,968,516 $722,780,701
1972 $1,257,615,645 $430,508,359
1971 $1,095,622,896 $381,687,073
1970 $1,017,003,367 $323,802,476
1969 $929,629,630 $318,124,701
1968 $857,912,458 $294,468,564
1967 $755,808,081 $271,543,680
1966 $669,191,919 $245,849,781
1965 $604,377,104 $226,474,286
1964 $544,023,569 $215,679,855
1963 $482,828,283 $154,480,244
1962 $448,400,673 $182,796,536
1961 $410,101,010 $167,637,907
1960 $377,020,202 $141,468,978

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

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

GDP per capita in Bolivia vs Gabon by year

Bolivia
GDP per capita

GDP per capita, PPP
Gabon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Gabon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,421 $12,878 $8,230 $21,510
2023 $4,275 $12,892 $7,803 $20,756
2022 $4,219 $12,307 $8,409 $19,993
2021 $4,011 $11,202 $8,181 $18,524
2020 $3,581 $9,581 $6,606 $14,477
2019 $4,203 $11,005 $7,441 $15,950
2018 $4,207 $10,758 $7,624 $15,432
2017 $4,048 $10,420 $6,922 $14,797
2016 $3,036 $9,242 $6,677 $13,998
2015 $2,996 $8,757 $7,047 $14,306
2014 $3,041 $8,629 $9,201 $14,854
2013 $2,870 $8,069 $9,198 $14,498
2012 $2,576 $7,184 $9,297 $14,620
2011 $2,316 $6,598 $10,219 $14,784
2010 $1,930 $6,245 $8,357 $14,015
2009 $1,731 $6,024 $7,291 $13,384
2008 $1,693 $5,890 $9,689 $13,734
2007 $1,355 $5,537 $8,004 $14,391
2006 $1,203 $5,244 $6,847 $13,637
2005 $1,020 $4,938 $6,548 $14,028
2004 $953 $4,663 $5,466 $13,638
2003 $893 $4,433 $4,711 $13,564
2002 $888 $4,304 $3,966 $13,369
2001 $930 $4,205 $3,836 $13,556
2000 $976 $4,113 $3,983 $13,326
1999 $979 $3,991 $3,751 $13,629
1998 $1,022 $3,988 $3,700 $15,138
1997 $970 $3,822 $4,509 $14,837
1996 $922 $3,645 $4,943 $14,147
1995 $853 $3,494 $4,415 $13,750
1994 $774 $3,331 $3,828 $13,164
1993 $757 $3,177 $4,106 $12,757
1992 $760 $3,036 $5,386 $12,312
1991 $734 $2,981 $5,345 $12,760
1990 $683 $2,797 $6,051 $11,952
1989 $675 - $4,374 -
1988 $673 - $4,119 -
1987 $650 - $3,624 -
1986 $604 - $3,865 -
1985 $838 - $3,898 -
1984 $982 - $4,273 -
1983 $882 - $4,182 -
1982 $930 - $4,584 -
1981 $1,001 - $5,026 -
1980 $788 - $5,718 -
1979 $785 - $4,155 -
1978 $683 - $3,360 -
1977 $600 - $4,048 -
1976 $520 - $4,441 -
1975 $468 - $3,258 -
1974 $418 - $2,384 -
1973 $257.2 - $1,140 -
1972 $261.9 - $693 -
1971 $233.4 - $627 -
1970 $221.6 - $543 -
1969 $207.1 - $545 -
1968 $195.5 - $515 -
1967 $176.1 - $482 -
1966 $159.3 - $443 -
1965 $147.1 - $415 -
1964 $135.2 - $400 -
1963 $122.6 - $290.7 -
1962 $116.2 - $348 -
1961 $108.5 - $323 -
1960 $101.8 - $276.1 -

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

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

Bolivia's GDP per capita is $4,421, ranking 125/197, compared to $8,230 in Gabon, ranking 93/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Gabon ranks 90th at $21,510.

Economic indicators

Bolivia Gabon
Gross domestic product
$54.9B
2024
$20.9B
2024
GDP rank
88/197
2024
127/197
2024
GDP growth
-1.12%
2023-2024
3.39%
2023-2024
GDP per capita
$4,421
2024
$8,230
2024
GDP per capita rank
125/197
2024
93/197
2024
GDP per capita, PPP
$12,878
2024
$21,510
2024
GDP per capita PPP rank
122/197
2024
90/197
2024
Government debt
$53.8B
2024
$15.2B
2024
Debt-to-GDP ratio
98%
2024
72.7%
2024
Government debt per person
$4,331
2024
$5,985
2024
Government debt per person rank
88/185
2024
75/185
2024
Average annual personal income after taxes
$4,720
2026
$5,368
2026
Income share by richest 10%
31.3%
2023
27.7%
2017
Income share by poorest 10%
1.8%
2023
2.2%
2017
Government expenditure, % of GDP
39.8%
2024
24.8%
2024
Consumer prices inflation
5.1%
2023-2024
1.17%
2023-2024
Central bank interest rate
3.26%
2025
n/a
Unemployment rate
2.73%
2024
20.4%
2010
Population
12798112
2663339

Spending and national debt comparison by year

Bolivia
Spending

Debt
Gabon
Spending

Debt
1x
Year % of GDP
Bolivia Gabon
Government spending Government debt Government spending Government debt
2024 39.8% 98% 24.8% 72.7%
2023 38.7% 90.8% 21.5% 70.6%
2022 36% 80.1% 19.7% 65.6%
2021 34.8% 81.4% 17.3% 72.9%
2020 36.8% 78% 19.8% 83%
2019 36.1% 58.6% 17.4% 59.8%
2018 37.7% 53.1% 17.1% 62.3%
2017 38.6% 51.3% 18.1% 62.9%
2016 40% 46.5% 21.8% 64.5%
2015 44.5% 40.9% 22.3% 44.7%
2014 41.2% 37.6% 23.8% 34.1%
2013 35.4% 36.1% 34.7% 31.1%
2012 36% 35.4% 23.9% 21.4%
2011 35.4% 35.3% 22.1% 21.4%
2010 31.5% 37.6% 23.1% 21.3%
2009 33.2% 39.2% 22.6% 26%
2008 35.3% 36.8% 18.9% 20.1%
2007 32.7% 40% 19.4% 39.2%
2006 29.8% 54.4% 21.1% 34.9%
2005 33.2% 82.2% 20.8% 41.7%
2004 32.3% 89.8% 20.9% 60.3%
2003 32% 95.6% 21.2% 70.2%
2002 33.3% 86.7% 25.7% 81.1%
2001 32% 83% 27.8% 81%
2000 29.3% 74.3% 20.3% 72.5%
1999 29.4% 61.7% 25.5% 73.1%
1998 30% 61.2% 45.5% 87.6%
1997 28.3% 64.6% 29.7% 57%
1996 26% 72.4% 22.2% 64.5%
1995 25.8% 81.7% 25.1% 73.4%
1994 26.8% 87.6% 23.9% 71.3%
1993 27.2% 83.8% 26.9% 90.1%
1992 25.3% 92.4% 26.5% 87.9%
1991 24.2% 92.8% 25.1% 89.3%
1990 22.8% 102.9% 22.6% 90%
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/gabon | CC BY

In 2024, Bolivia's government spending was $21.9B, accounting for 39.8% of its GDP, while Gabon spent $5.18B, or 24.8% of GDP.

Debt-to-GDP ratio is 98% in Bolivia and 72.7% in Gabon, ranking 26/185 and 51/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Gabon
1x
Year Deficit/surplus, % of GDP
Bolivia Gabon
2024 -10.6% -3.84%
2023 -10.9% 1.79%
2022 -7.12% -0.89%
2021 -9.33% -1.93%
2020 -12.7% -2.19%
2019 -7.25% 2.13%
2018 -8.17% -0.21%
2017 -7.86% -1.7%
2016 -7.24% -4.71%
2015 -6.93% -1.12%
2014 -3.41% 5.98%
2013 0.6% -3.07%
2012 1.72% 6.2%
2011 0.83% 1.41%
2010 1.62% 2.7%
2009 2.63% 6.77%
2008 3.53% 11%
2007 -1.54% 8.06%
2006 4.47% 8.67%
2005 -2.24% 7.98%
2004 -5.54% 6.99%
2003 -7.88% 7.75%
2002 -8.79% 3.72%
2001 -6.82% 4.07%
2000 -3.73% 11.1%
1999 -3.84% 1.11%
1998 -5.1% -13.1%
1997 -3.28% 1.41%
1996 -1.9% 2.12%
1995 -1.82% 2.64%
1994 -3% -1.53%
1993 -6.1% -5.35%
1992 -4.4% -4.9%
1991 -4.2% -2.03%
1990 -4.4% -3.83%
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/gabon | 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 Gabon's deficit of $802M, or 3.84% of GDP.

Over the past 35 years, Bolivia recorded a fiscal deficit in 28 of those years, while Gabon ran a deficit in 15 years. On average, Bolivia posted an annual deficit equal to 4.31% of GDP, compared to surplus of 1.52% of GDP for Gabon.

Inflation comparison by year

Inflation
Bolivia

Gabon
1x
Year Consumer prices inflation
Bolivia Gabon
2024 5.1% 1.17%
2023 2.58% 3.63%
2022 1.75% 4.23%
2021 0.74% 1.09%
2020 0.94% 1.35%
2019 1.84% 2.46%
2018 2.27% 4.75%
2017 2.82% 2.65%
2016 3.62% 2.11%
2015 4.06% -0.34%
2014 5.77% 4.69%
2013 5.74% 0.51%
2012 4.52% 2.65%
2011 9.88% 1.26%
2010 2.5% 1.46%
2009 3.35% 1.89%
2008 14% 5.26%
2007 8.71% 5.03%
2006 4.28% -1.41%
2005 5.39% 3.71%
2004 4.44% 0.41%
2003 3.34% 2.24%
2002 0.93% 0.04%
2001 1.59% 2.14%
2000 4.61% 0.5%
1999 2.16% -1.94%
1998 7.67% 1.45%
1997 4.71% 3.97%

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

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

Over the past 28 years, Bolivia has recorded an average annual inflation rate of 4.26%, compared with 2.03% in Gabon. In 2024, inflation was 5.1% in Bolivia and 1.17% in Gabon.

Top exports between countries

Bolivia
Export category Export value
Animal & marine products $462K
Gabon
Export category Export value
Machinery & equipment $32K
Textiles & consumer goods $3K

Balance of trade

Bolivia Gabon
Current account balance
-$1.41B
2024
$141M
2015
Current account balance ranking
132/190
2024
66/190
2015
Current account balance, % of GDP
-2.56%
2024
+0.98%
2015
Goods imports
$9.15B
2024
$3.17B
2015
Goods exports
$8.93B
2024
$5.11B
2015
Service imports
$2.35B
2024
$1.88B
2015
Service exports
$1.14B
2024
$277M
2015
Imports of goods and services, % of GDP
25.5%
2024
27.5%
2024
Exports of goods and services, % of GDP
21.4%
2024
64.6%
2024

Economic freedom indices

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

Bolivia Gabon
Economic freedom 42.4 56.6
Economic freedom ranking 184/197 120/197
Property rights 20.2 30
Government integrity 27.1 22.6
Judicial effectiveness 29.5 19.9
Tax burden 86.4 76.5
Government spending 56.3 85.5
Fiscal health 0.8 87.9
Business freedom 53.6 63.6
Labor freedom 52.2 55.4
Monetary freedom 67.1 80.9
Trade freedom 60.6 57.4
Investment freedom 15 60
Financial freedom 40 40

Economic freedom comparison by year

Bolivia
Gabon
1x
Year Economic freedom index
Bolivia Gabon
2026 42.4 56.6
2025 44.1 56.3
2024 43.5 56.9
2023 43.4 56.1
2022 43 55.8
2021 42.7 58.1
2020 42.8 56.7
2019 42.3 56.3
2018 44.1 58
2017 47.7 58.6
2016 47.4 59
2015 46.8 58.3
2014 48.4 57.8
2013 47.9 57.8
2012 50.2 56.4
2011 50 56.7
2010 49.4 55.4
2009 53.6 55
2008 53.1 54.2
2007 54.2 54.8
2006 57.8 56.1
2005 58.4 54.8
2004 64.5 57.1
2003 64.3 58.7
2002 65.1 58
2001 68 55
2000 65 58.2
1999 65.6 60.5
1998 68.8 59.2
1997 65.1 58.8
1996 65.2 55.7
1995 56.8 57.5

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

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 56.6 for Gabon, ranking 120/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Gabon
Services, % of GDP
53.4%
2024
36.8%
2024
Industry, % of GDP
31.3%
2024
52.9%
2024
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
6.56%
2024
GNI, Atlas method
$51.7B
2024
$19.8B
2024
GNI per capita, PPP
$12,620
2024
$20,400
2024
Total reserves including gold
$1.98B
2024
$1.45B
2023
Total reserves ranking
127/177
2024
136/177
2023
Net foreign direct investment
-$113M
2024
-$25.3M
2015
Net inflows of foreign direct investment
$387M
2024
$1.14B
2024
Net outflows of foreign direct investment
$133M
2024
-$33.8M
2019
Servicing debt to the IMF, % of GNI
3.41%
2024
5.67%
2024
Poverty at national poverty lines
36.5%
2023
33.4%
2017
Gross capital formation, % of GDP
17.9%
2024
19.1%
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/gabon | 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. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.