Bolivia vs Laos: Economic Indicators Comparison

Bolivia with a GDP of $40.3B ranked the 96th largest economy in the world, while Laos ranked 118th with $18B. By GDP 5-years average growth and GDP per capita, Bolivia and Laos ranked 43rd vs 11th and 126th vs 140th, respectively.

Gross Domestic Product & Income

Stat	Bolivia	Laos
GDP	$40.3B	$18B
GDP growth, 1 year	4.3%	6.5%
GDP growth, 5-years average	4.6%	7%
Population	11.1M	6.9M
GDP per capita	$3.5k	$2.5k
GDP per capita growth	2.75%	4.62%
Purchasing Power Parity conversion factor	3.11	2901.2
Price level ratio of PPP conversion factor GDP to market exchange rate	0.45	0.34
GDP per capita, PPP adjusted	$7.5k	$7.9k
GNI, Atlas method	$38.2B	$17.3B
GNI per capita	$3.4k	$2.5k
GNI, PPP adjusted	$87.1B	$50.1B
GNI per capita, PPP adjusted	$7.7k	$7.1k

Financial system and Human development

Stat	Bolivia	Laos
Income Tax Rate	13%	24%
Corporate Tax Rate	25%	24%
Inflation, consumer prices	2.3%	2%
Inflation, GDP deflator	3.1%	1.9%
Unemployment	3.3%	0.6%
Economic Freedom Index	42.8	55.5
Personal Freedom Index	7.46	5.8
Human Freedom Index	6.75	6.2
Property Rights Index	20.1	42.5
Judical Effectiveness Index	11.2	37.3
Business Freedom Index	58.3	54.3
Fiscal Health Index	14.2	53.3
Labor Freedom Index	52.9	58.6
Investment Freedom Index	15	35
Financial Freedom Index	40	20
Trade Freedom Index	67.8	82
Monetary Freedom Index	69.9	76.8
Government Spending Index	54.2	86.6
Tax Burden Index	86.3	87
Government Integrity Index	23.1	32
Corruption Perceptions Index	29	29
Life expectancy at birth, years	70.9	67.3
Suicide mortality rate, per 100,000 people	12.2	8.6
Mortality caused by road traffic injury, per 100,000 people	15.5	16.6
Intentional homicides, per 100,000 people	6.3	7
International tourism, number of arrivals	1.1M	3.8M

Government debt & reserves

Stat	Bolivia	Laos
Central government debt, % of GDP	53.9%	63%
External debt stocks, % of GNI	33.8%	90.2%
External debt stocks	$13.3B	$15.6B
Short-term debt, % of total reserves	7.9%	41.2%
Total debt service, % of exports and primary income	9.6%	14.6%
Adjusted net savings including particulate emission damage, % of GNI	0.8%	-1.2%
Gross savings, % of GDP	16%	17.6%
Gross capital formation, % of GDP	20.6%	29%
Total reserves including gold	$8.9B	$980.4M
Foreign direct investment net inflows	$255.1M	$1.3B

Exports, imports and economic structure

Stat	Bolivia	Laos
Exports of goods and services, % of GDP	26%	33.2%
Imports of goods and services, % of GDP	31.1%	41.9%
Current account balance (balance of payments)	-$2B	-$1.4B
Revenue excluding grants, % of GDP	23.3%	N/A
Grants excluding technical cooperation, BoP	$236.7M	$337.3M
Personal remittances received	$1.4B	$238.7M
Industry including construction value added, % of GDP	26.2%	31.5%
Agriculture, forestry and fishing value added, % of GDP	11.5%	15.7%
Charges for the use of intellectual property, payments BoP	$83.3M	N/A
Charges for the use of intellectual property, receipts BoP	$26.3M	N/A
Expense, % of GDP	21.8%	N/A
Government Expenditure, % of GDP	39.1%	21.1%