Bolivia vs Italy: Economic Indicators Comparison

Italy with a GDP of $2.1T ranked the 8th largest economy in the world, while Bolivia ranked 96th with $40.3B. By GDP 5-years average growth and GDP per capita, Italy and Bolivia ranked 154th vs 43rd and 29th vs 126th, respectively.

Gross Domestic Product & Income

StatBoliviaItaly
GDP$40.3B$2.1T
GDP growth, 1 year4.3%0.9%
GDP growth, 5-years average4.6%0.9%
Population11.1M60.3M
GDP per capita$3.5k$34k
GDP per capita growth2.75%0.95%
Purchasing Power Parity conversion factor3.110.7
Price level ratio of PPP conversion factor GDP to market exchange rate0.450.82
GDP per capita, PPP adjusted$7.5k$40k
GNI, Atlas method$38.2B$2T
GNI per capita$3.4k$34k
GNI, PPP adjusted$87.1B$2.6T
GNI per capita, PPP adjusted$7.7k$42k

Financial system and Human development

StatBoliviaItaly
Income Tax Rate13%43%
Corporate Tax Rate25%27.5%
Inflation, consumer prices2.3%1.2%
Inflation, GDP deflator3.1%0.9%
Unemployment3.3%10.2%
Economic Freedom Index42.863.8
Personal Freedom Index7.468.79
Human Freedom Index6.758.01
Property Rights Index20.175.4
Judical Effectiveness Index11.251.3
Business Freedom Index58.370.4
Fiscal Health Index14.271.1
Labor Freedom Index52.950.9
Investment Freedom Index1580
Financial Freedom Index4050
Trade Freedom Index67.886.4
Monetary Freedom Index69.983.2
Government Spending Index54.228.5
Tax Burden Index86.356
Government Integrity Index23.162.2
Corruption Perceptions Index2952
Life expectancy at birth, years70.983.2
Suicide mortality rate, per 100,000 people12.28.2
Mortality caused by road traffic injury, per 100,000 people15.55.6
Intentional homicides, per 100,000 people6.30.7
International tourism, number of arrivals1.1M61.6M

Government debt & reserves

StatBoliviaItaly
Central government debt, % of GDP53.9%132.1%
External debt stocks, % of GNI33.8%N/A
External debt stocks$13.3BN/A
Short-term debt, % of total reserves7.9%N/A
Total debt service, % of exports and primary income9.6%N/A
Adjusted net savings including particulate emission damage, % of GNI0.8%6%
Gross savings, % of GDP16%20.8%
Gross capital formation, % of GDP20.6%18.2%
Total reserves including gold$8.9B$152.4B
Foreign direct investment net inflows$255.1M$39.6B

Exports, imports and economic structure

StatBoliviaItaly
Exports of goods and services, % of GDP26%31.5%
Imports of goods and services, % of GDP31.1%29%
Current account balance (balance of payments)-$2B$53.8B
Revenue excluding grants, % of GDP23.3%37.7%
Grants excluding technical cooperation, BoP$236.7MN/A
Personal remittances received$1.4B$9.9B
Industry including construction value added, % of GDP26.2%21.4%
Agriculture, forestry and fishing value added, % of GDP11.5%1.9%
Charges for the use of intellectual property, payments BoP$83.3M$5.1B
Charges for the use of intellectual property, receipts BoP$26.3M$4.9B
Expense, % of GDP21.8%41.3%
Government Expenditure, % of GDP39.1%48.8%

Compare with countries close by GDP per capita

Bolivia vs

CountryGDP
per capita
Population
Georgia
$4.7k
3.72M
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

Italy vs

CountryGDP
per capita
Population
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k