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Economy of Bolivia vs Lebanon compared: GDP & Debt

Updated on by Georank team

Bolivia has a GDP of $54.9B compared to $20.1B for Lebanon, ranking 88/197 and 128/197 by economy size, respectively.

Bolivia has $53.8B in government debt (98% of GDP), compared to $38.7B (163.8% of GDP) in Lebanon.

Bolivia vs Lebanon GDP by year

Bolivia
Lebanon
1x
Year GDP, current $
Bolivia Lebanon
2024 $54,881,327,453 -
2023 $52,340,206,946 $20,078,620,357
2022 $50,959,081,954 $20,992,421,949
2021 $47,877,892,402 $23,131,941,557
2020 $42,313,784,081 $31,712,128,254
2019 $49,056,643,589 $51,605,959,131
2018 $48,414,038,842 $54,901,519,156
2017 $45,927,439,595 $53,027,680,686
2016 $33,941,126,194 $51,147,308,774
2015 $33,000,198,249 $49,929,337,837
2014 $32,996,188,017 $48,095,213,747
2013 $30,659,338,886 $46,880,103,081
2012 $27,084,497,482 $44,016,799,516
2011 $23,963,164,697 $39,927,125,962
2010 $19,649,723,722 $38,443,907,042
2009 $17,339,992,194 $35,399,582,929
2008 $16,674,276,286 $29,118,916,105
2007 $13,120,108,008 $24,827,355,015
2006 $11,451,844,902 $22,022,709,851
2005 $9,549,122,905 $21,497,336,499
2004 $8,773,451,752 $21,159,827,992
2003 $8,082,399,640 $20,082,918,740
2002 $7,905,485,146 $19,152,238,806
2001 $8,141,516,928 $17,649,751,244
2000 $8,397,855,485 $17,260,364,842
1999 $8,285,064,435 $17,391,056,369
1998 $8,497,494,652 $17,247,179,006
1997 $7,925,736,821 $15,751,867,489
1996 $7,396,949,126 $13,690,217,334
1995 $6,715,161,732 $11,718,795,529
1994 $5,981,222,859 $9,599,127,050
1993 $5,734,699,489 $7,941,744,492
1992 $5,643,868,749 $5,843,579,161
1991 $5,343,262,457 $4,690,415,093
1990 $4,867,582,598 $2,838,485,354
1989 $4,715,973,437 $2,717,998,688
1988 $4,597,612,362 $3,313,540,068
1987 $4,347,956,338 -
1986 $3,959,382,833 -
1985 $5,377,276,555 -
1984 $6,169,483,225 -
1983 $5,422,656,823 -
1982 $5,594,126,369 -
1981 $5,891,598,695 -
1980 $4,537,479,608 -
1979 $4,421,336,383 -
1978 $3,758,220,890 -
1977 $3,227,436,282 -
1976 $2,731,984,008 -
1975 $2,404,697,651 -
1974 $2,100,249,875 -
1973 $1,262,968,516 -
1972 $1,257,615,645 -
1971 $1,095,622,896 -
1970 $1,017,003,367 -
1969 $929,629,630 -
1968 $857,912,458 -
1967 $755,808,081 -
1966 $669,191,919 -
1965 $604,377,104 -
1964 $544,023,569 -
1963 $482,828,283 -
1962 $448,400,673 -
1961 $410,101,010 -
1960 $377,020,202 -

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

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

GDP per capita in Bolivia vs Lebanon by year

Bolivia
GDP per capita

GDP per capita, PPP
Lebanon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Lebanon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,421 $12,878 - -
2023 $4,275 $12,892 $3,478 $12,575
2022 $4,219 $12,307 $3,654 $12,293
2021 $4,011 $11,202 $4,045 $11,600
2020 $3,581 $9,581 $5,561 $16,260
2019 $4,203 $11,005 $8,906 $21,710
2018 $4,207 $10,758 $9,175 $21,985
2017 $4,048 $10,420 $8,608 $20,964
2016 $3,036 $9,242 $8,089 $18,941
2015 $2,996 $8,757 $7,714 $17,046
2014 $3,041 $8,629 $7,578 $16,140
2013 $2,870 $8,069 $8,162 $16,316
2012 $2,576 $7,184 $8,407 $16,121
2011 $2,316 $6,598 $7,835 $14,975
2010 $1,930 $6,245 $7,626 $14,704
2009 $1,731 $6,024 $7,091 $13,586
2008 $1,693 $5,890 $5,912 $12,416
2007 $1,355 $5,537 $5,125 $11,356
2006 $1,203 $5,244 $4,635 $10,312
2005 $1,020 $4,938 $4,602 $10,020
2004 $953 $4,663 $4,601 $9,609
2003 $893 $4,433 $4,438 $8,914
2002 $888 $4,304 $4,291 $8,586
2001 $930 $4,205 $4,010 $8,289
2000 $976 $4,113 $3,987 $7,938
1999 $979 $3,991 $4,087 $7,793
1998 $1,022 $3,988 $4,125 $7,861
1997 $970 $3,822 $3,834 $7,632
1996 $922 $3,645 $3,393 $7,560
1995 $853 $3,494 $2,959 $6,796
1994 $774 $3,331 $2,468 $6,367
1993 $757 $3,177 $2,079 $5,871
1992 $760 $3,036 $1,559 $5,279
1991 $734 $2,981 $1,278 $4,527
1990 $683 $2,797 $790 $2,990
1989 $675 - $771 -
1988 $673 - $959 -
1987 $650 - - -
1986 $604 - - -
1985 $838 - - -
1984 $982 - - -
1983 $882 - - -
1982 $930 - - -
1981 $1,001 - - -
1980 $788 - - -
1979 $785 - - -
1978 $683 - - -
1977 $600 - - -
1976 $520 - - -
1975 $468 - - -
1974 $418 - - -
1973 $257.2 - - -
1972 $261.9 - - -
1971 $233.4 - - -
1970 $221.6 - - -
1969 $207.1 - - -
1968 $195.5 - - -
1967 $176.1 - - -
1966 $159.3 - - -
1965 $147.1 - - -
1964 $135.2 - - -
1963 $122.6 - - -
1962 $116.2 - - -
1961 $108.5 - - -
1960 $101.8 - - -

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

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

Bolivia's GDP per capita is $4,421, ranking 125/197, compared to $3,478 in Lebanon, ranking 135/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Lebanon ranks 123rd at $12,575.

Economic indicators

Bolivia Lebanon
Gross domestic product
$54.9B
2024
$20.1B
2023
GDP rank
88/197
2024
128/197
2023
GDP growth
-1.12%
2023-2024
-0.76%
2022-2023
GDP per capita
$4,421
2024
$3,478
2023
GDP per capita rank
125/197
2024
135/197
2023
GDP per capita, PPP
$12,878
2024
$12,575
2023
GDP per capita PPP rank
122/197
2024
123/197
2023
Government debt
$53.8B
2024
$38.7B
2023
Debt-to-GDP ratio
98%
2024
163.8%
2024
Government debt per person
$4,331
2024
$6,704
2023
Government debt per person rank
88/185
2024
70/185
2023
Average annual personal income after taxes
$4,720
2026
$3,560
2026
Market capitalization of domestic companies n/a
$10.6B
2021
Number of billionaires n/a
6
2025
Income share by richest 10%
31.3%
2023
25.1%
2022
Income share by poorest 10%
1.8%
2023
2.8%
2022
Government expenditure, % of GDP
39.8%
2024
16.5%
2024
Consumer prices inflation
5.1%
2023-2024
45.2%
2023-2024
Central bank interest rate
3.26%
2025
20%
2023
Unemployment rate
2.73%
2024
11.3%
2019
Population
12798112
5906622

Spending and national debt comparison by year

Bolivia
Spending

Debt
Lebanon
Spending

Debt
1x
Year % of GDP
Bolivia Lebanon
Government spending Government debt Government spending Government debt
2024 39.8% 98% 16.5% 163.8%
2023 38.7% 90.8% 14.9% 192.8%
2022 36% 80.1% 13.4% 244.6%
2021 34.8% 81.4% 10.9% 358%
2020 36.8% 78% 23.2% 148.7%
2019 36.1% 58.6% 31.3% 172.1%
2018 37.7% 53.1% 32.3% 155.1%
2017 38.6% 51.3% 30.6% 150%
2016 40% 46.5% 28.3% 146.4%
2015 44.5% 40.9% 26.7% 140.8%
2014 41.2% 37.6% 28.8% 138.4%
2013 35.4% 36.1% 28.9% 135.4%
2012 36% 35.4% 30.2% 131.1%
2011 35.4% 35.3% 28.8% 134.4%
2010 31.5% 37.6% 29.2% 136.8%
2009 33.2% 39.2% 32.1% 144.5%
2008 35.3% 36.8% 34.3% 161.5%
2007 32.7% 40% 35.2% 169.3%
2006 29.8% 54.4% 36.1% 183.3%
2005 33.2% 82.2% 31.4% 178.9%
2004 32.3% 89.8% 33.3% 169.5%
2003 32% 95.6% 36.4% 171.3%
2002 33.3% 86.7% 36.8% 163.1%
2001 32% 83% 38.9% 163.1%
2000 29.3% 74.3% 42.8% 148.1%
1999 29.4% 61.7% 35.6% 130.2%
1998 30% 61.2% 34.7% 108.2%
1997 28.3% 64.6% 40.5% 100.2%
1996 26% 72.4% 43.6% 101.2%
1995 25.8% 81.7% 31.1% 79.6%
1994 26.8% 87.6% 47.3% 71.5%
1993 27.2% 83.8% 23% 50.5%
1992 25.3% 92.4% 36.1% 51.7%
1991 24.2% 92.8% 35.6% 67.1%
1990 22.8% 102.9% 40% 99.7%
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/lebanon | CC BY

In 2024, Bolivia's government spending was $21.9B, accounting for 39.8% of its GDP, while Lebanon spent $2.99B, or 16.5% of GDP.

Debt-to-GDP ratio is 98% in Bolivia and 163.8% in Lebanon, ranking 26/185 and 6/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Lebanon
1x
Year Deficit/surplus, % of GDP
Bolivia Lebanon
2024 -10.6% -0.19%
2023 -10.9% -1.7%
2022 -7.12% -7.77%
2021 -9.33% -2.67%
2020 -12.7% -7.37%
2019 -7.25% -10.5%
2018 -8.17% -11.3%
2017 -7.86% -8.65%
2016 -7.24% -8.88%
2015 -6.93% -7.48%
2014 -3.41% -6.22%
2013 0.6% -8.82%
2012 1.72% -8.43%
2011 0.83% -5.94%
2010 1.62% -7.47%
2009 2.63% -8.1%
2008 3.53% -9.86%
2007 -1.54% -10.9%
2006 4.47% -10.6%
2005 -2.24% -8.57%
2004 -5.54% -9.83%
2003 -7.88% -14%
2002 -8.79% -16.2%
2001 -6.82% -21%
2000 -3.73% -23.9%
1999 -3.84% -16.7%
1998 -5.1% -17.3%
1997 -3.28% -24.5%
1996 -1.9% -25.7%
1995 -1.82% -13.6%
1994 -3% -29.1%
1993 -6.1% -7.19%
1992 -4.4% -24%
1991 -4.2% -19.5%
1990 -4.4% -30.2%
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/lebanon | CC BY

In 2023, Bolivia's government deficit, the difference between spending and revenue, was $5.73B, equivalent to 10.9% of GDP. This compares to Lebanon's deficit of $342M, or 1.7% of GDP.

Over the past 34 years, Bolivia recorded a fiscal deficit in 27 of those years, while Lebanon ran a deficit in 34 years. On average, Bolivia posted an annual deficit equal to 4.12% of GDP, compared to deficit of 13.1% of GDP for Lebanon.

Inflation comparison by year

Inflation
Bolivia

Lebanon
1x
Year Consumer prices inflation
Bolivia Lebanon
2024 5.1% 45.2%
2023 2.58% 221.3%
2022 1.75% 171.2%
2021 0.74% 154.8%
2020 0.94% 84.9%
2019 1.84% 2.9%
2018 2.27% 6.1%
2017 2.82% 4.5%
2016 3.62% -0.8%
2015 4.06% -3.8%
2014 5.77% 1.1%
2013 5.74% 5.6%
2012 4.52% 6.6%
2011 9.88% 5%
2010 2.5% 4%
2009 3.35% 1.2%
2008 14% 10.7%
2007 8.71% 4.1%
2006 4.28% 4.1%
2005 5.39% -1.4%
2004 4.44% 1.7%
2003 3.34% 1.3%
2002 0.93% 1.8%
2001 1.59% -0.4%
2000 4.61% -0.4%
1999 2.16% 0.2%
1998 7.67% 4.5%
1997 4.71% 7.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Bolivia has recorded an average annual inflation rate of 4.26%, compared with 26.6% in Lebanon. In 2024, inflation was 5.1% in Bolivia and 45.2% in Lebanon.

Top exports between countries

Bolivia
Export category Export value
Raw agricultural goods $122K
Machinery & equipment $55K
Wood & paper products $47K
Processed food, beverages & tobacco $36K
Metals $10K
Raw materials & minerals $2K
Lebanon
Export category Export value
Machinery & equipment $65K
Chemicals & pharma $44K
Processed food, beverages & tobacco $28K
Metals $3K
Raw agricultural goods $3K

Balance of trade

Bolivia Lebanon
Current account balance
-$1.41B
2024
-$5.64B
2023
Current account balance ranking
132/190
2024
168/190
2023
Current account balance, % of GDP
-2.56%
2024
-28.1%
2023
Goods imports
$9.15B
2024
$16.7B
2023
Goods exports
$8.93B
2024
$3.85B
2023
Service imports
$2.35B
2024
$6.63B
2023
Service exports
$1.14B
2024
$7.92B
2023
Imports of goods and services, % of GDP
25.5%
2024
73.7%
2023
Exports of goods and services, % of GDP
21.4%
2024
30.6%
2023

Economic freedom indices

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

Bolivia Lebanon
Economic freedom 42.4 43.1
Economic freedom ranking 184/197 183/197
Property rights 20.2 21.8
Government integrity 27.1 23.4
Judicial effectiveness 29.5 23.8
Tax burden 86.4 90.3
Government spending 56.3 93.3
Fiscal health 0.8 63.4
Business freedom 53.6 47.6
Labor freedom 52.2 48.4
Monetary freedom 67.1 0
Trade freedom 60.6 65.6
Investment freedom 15 20
Financial freedom 40 20

Economic freedom comparison by year

Bolivia
Lebanon
1x
Year Economic freedom index
Bolivia Lebanon
2026 42.4 43.1
2025 44.1 44.1
2024 43.5 48.3
2023 43.4 45.6
2022 43 47.3
2021 42.7 51.4
2020 42.8 51.7
2019 42.3 51.1
2018 44.1 53.2
2017 47.7 53.3
2016 47.4 59.5
2015 46.8 59.3
2014 48.4 59.4
2013 47.9 59.5
2012 50.2 60.1
2011 50 60.1
2010 49.4 59.5
2009 53.6 58.1
2008 53.1 60
2007 54.2 60.4
2006 57.8 57.5
2005 58.4 57.2
2004 64.5 56.9
2003 64.3 56.7
2002 65.1 57.1
2001 68 61
2000 65 56.1
1999 65.6 59.1
1998 68.8 59
1997 65.1 63.9
1996 65.2 63.2
1995 56.8 -

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

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 43.1 for Lebanon, ranking 183/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Lebanon
Services, % of GDP
53.4%
2024
42.4%
2023
Industry, % of GDP
31.3%
2024
2.09%
2023
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
0.97%
2023
GNI, Atlas method
$51.7B
2024
$21.4B
2023
GNI per capita, PPP
$12,620
2024
$12,420
2023
Total reserves including gold
$1.98B
2024
$33.3B
2024
Total reserves ranking
127/177
2024
54/177
2024
Net foreign direct investment
-$113M
2024
-$583M
2023
Net inflows of foreign direct investment
$387M
2024
$1.84B
2024
Net outflows of foreign direct investment
$133M
2024
$391M
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
22%
2023
Poverty at national poverty lines
36.5%
2023
27.4%
2012
Gross capital formation, % of GDP
17.9%
2024
1.9%
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/lebanon | 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 (2020–2024, 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.