Bolivia vs Georgia: Economic Indicators Comparison

Bolivia with a GDP of $40.3B ranked the 96th largest economy in the world, while Georgia ranked 119th with $17.6B. By GDP 5-years average growth and GDP per capita, Bolivia and Georgia ranked 43rd vs 54th and 126th vs 111th, respectively.

Gross Domestic Product & Income

StatBoliviaGeorgia
GDP$40.3B$17.6B
GDP growth, 1 year4.3%4.7%
GDP growth, 5-years average4.6%4%
Population11.1M3.7M
GDP per capita$3.5k$4.7k
GDP per capita growth2.75%4.72%
Purchasing Power Parity conversion factor3.111
Price level ratio of PPP conversion factor GDP to market exchange rate0.450.39
GDP per capita, PPP adjusted$7.5k$11k
GNI, Atlas method$38.2B$16.6B
GNI per capita$3.4k$4.4k
GNI, PPP adjusted$87.1B$42.9B
GNI per capita, PPP adjusted$7.7k$12k

Financial system and Human development

StatBoliviaGeorgia
Income Tax Rate13%20%
Corporate Tax Rate25%15%
Inflation, consumer prices2.3%2.6%
Inflation, GDP deflator3.1%4.4%
Unemployment3.3%14.1%
Economic Freedom Index42.877.1
Personal Freedom Index7.467.4
Human Freedom Index6.757.48
Property Rights Index20.168.6
Judical Effectiveness Index11.257.9
Business Freedom Index58.385.3
Fiscal Health Index14.294.4
Labor Freedom Index52.976.3
Investment Freedom Index1580
Financial Freedom Index4070
Trade Freedom Index67.888.6
Monetary Freedom Index69.978.3
Government Spending Index54.273.6
Tax Burden Index86.387.1
Government Integrity Index23.164.8
Corruption Perceptions Index2958
Life expectancy at birth, years70.973.4
Suicide mortality rate, per 100,000 people12.28.2
Mortality caused by road traffic injury, per 100,000 people15.515.3
Intentional homicides, per 100,000 people6.31
International tourism, number of arrivals1.1M4.8M

Government debt & reserves

StatBoliviaGeorgia
Central government debt, % of GDP53.9%44.5%
External debt stocks, % of GNI33.8%110.6%
External debt stocks$13.3B$17.1B
Short-term debt, % of total reserves7.9%81.1%
Total debt service, % of exports and primary income9.6%23.7%
Adjusted net savings including particulate emission damage, % of GNI0.8%12.5%
Gross savings, % of GDP16%21%
Gross capital formation, % of GDP20.6%28.1%
Total reserves including gold$8.9B$3.3B
Foreign direct investment net inflows$255.1M$1.2B

Exports, imports and economic structure

StatBoliviaGeorgia
Exports of goods and services, % of GDP26%50.6%
Imports of goods and services, % of GDP31.1%61.2%
Current account balance (balance of payments)-$2B-$1.2B
Revenue excluding grants, % of GDP23.3%23%
Grants excluding technical cooperation, BoP$236.7M$314.1M
Personal remittances received$1.4B$2B
Industry including construction value added, % of GDP26.2%19.9%
Agriculture, forestry and fishing value added, % of GDP11.5%6.8%
Charges for the use of intellectual property, payments BoP$83.3M$27.1M
Charges for the use of intellectual property, receipts BoP$26.3M$270k
Expense, % of GDP21.8%21.4%
Government Expenditure, % of GDP39.1%29.6%

Compare with countries close by GDP per capita

Bolivia vs

CountryGDP
per capita
Population
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M

Georgia vs

CountryGDP
per capita
Population
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Tunisia
$3.4k
11.6M