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Economy of Bolivia vs Malta compared: GDP & Debt

Updated on by Georank

Bolivia has a GDP of $64.8B compared to $27.8B for Malta, ranking 88/197 and 118/197 by economy size, respectively.

Bolivia has $54.9B in government debt (84.8% of GDP), compared to $13B (46.8% of GDP) in Malta.

Bolivia vs Malta GDP by year

Bolivia
Malta
1x
Year GDP, current $
Bolivia Malta
2025 $64,768,947,525 $27,771,821,561
2024 $54,881,327,453 $25,042,712,191
2023 $52,340,206,946 $22,625,329,776
2022 $50,959,081,954 $18,938,869,147
2021 $47,877,892,402 $19,730,119,031
2020 $42,313,784,081 $16,404,655,808
2019 $49,056,643,589 $16,337,788,881
2018 $48,414,038,842 $16,153,785,817
2017 $45,927,439,595 $14,161,374,599
2016 $33,941,126,194 $12,025,777,078
2015 $33,000,198,249 $11,340,789,706
2014 $32,996,188,017 $11,888,029,752
2013 $30,659,338,886 $10,796,780,874
2012 $27,084,497,482 $9,609,530,619
2011 $23,963,164,697 $9,789,363,086
2010 $19,649,723,722 $9,097,044,301
2009 $17,339,992,194 $8,769,897,418
2008 $16,674,276,286 $9,172,399,573
2007 $13,120,108,008 $7,908,412,374
2006 $11,451,844,902 $6,749,838,862
2005 $9,549,122,905 $6,393,234,965
2004 $8,773,451,752 $6,104,141,501
2003 $8,082,399,640 $5,418,315,225
2002 $7,905,485,146 $4,455,127,398
2001 $8,141,516,928 $4,070,867,153
2000 $8,397,855,485 $4,036,809,767
1999 $8,285,064,435 $4,111,857,836
1998 $8,497,494,652 $4,010,111,652
1997 $7,925,736,821 $3,787,023,655
1996 $7,396,949,126 $3,822,547,151
1995 $6,715,161,732 $3,709,396,089
1994 $5,981,222,859 $2,998,505,428
1993 $5,734,699,489 $2,709,193,538
1992 $5,643,868,749 $3,021,942,759
1991 $5,343,262,457 $2,750,216,747
1990 $4,867,582,598 $2,547,328,748
1989 $4,715,973,437 $2,118,655,677
1988 $4,597,612,362 $2,019,503,068
1987 $4,347,956,338 $1,751,293,461
1986 $3,959,382,833 $1,435,038,441
1985 $5,377,276,555 $1,117,797,439
1984 $6,169,483,225 $1,101,807,023
1983 $5,422,656,823 $1,165,729,707
1982 $5,594,126,369 $1,234,474,404
1981 $5,891,598,695 $1,243,509,394
1980 $4,537,479,608 $1,250,198,601
1979 $4,421,336,383 $1,001,288,847
1978 $3,758,220,890 $793,673,402
1977 $3,227,436,282 $625,563,171
1976 $2,731,984,008 $527,936,989
1975 $2,404,697,651 $474,618,321
1974 $2,100,249,875 $376,081,124
1973 $1,262,968,516 $345,616,106
1972 $1,257,615,645 $295,106,628
1971 $1,095,622,896 $264,578,485
1970 $1,017,003,367 $250,728,796
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Bolivia vs Malta by year

Bolivia
GDP per capita

GDP per capita, PPP
Malta
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Malta
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,148 - $47,907 -
2024 $4,421 $12,878 $44,024 $69,864
2023 $4,275 $12,892 $40,933 $67,057
2022 $4,219 $12,307 $35,659 $60,589
2021 $4,011 $11,202 $38,078 $56,852
2020 $3,581 $9,581 $31,823 $49,972
2019 $4,203 $11,005 $32,422 $51,393
2018 $4,207 $10,758 $33,382 $48,178
2017 $4,048 $10,420 $30,317 $45,764
2016 $3,036 $9,242 $26,459 $41,000
2015 $2,996 $8,757 $25,530 $38,369
2014 $3,041 $8,629 $27,425 $35,206
2013 $2,870 $8,069 $25,416 $33,138
2012 $2,576 $7,184 $22,878 $30,716
2011 $2,316 $6,598 $23,517 $29,426
2010 $1,930 $6,245 $21,947 $28,909
2009 $1,731 $6,024 $21,262 $26,782
2008 $1,693 $5,890 $22,406 $26,654
2007 $1,355 $5,537 $19,444 $25,012
2006 $1,203 $5,244 $16,654 $23,219
2005 $1,020 $4,938 $15,831 $22,227
2004 $953 $4,663 $15,212 $21,566
2003 $893 $4,433 $13,594 $20,813
2002 $888 $4,304 $11,251 $19,532
2001 $930 $4,205 $10,358 $18,435
2000 $976 $4,113 $10,348 $18,214
1999 $979 $3,991 $10,609 $16,898
1998 $1,022 $3,988 $10,408 $16,219
1997 $970 $3,822 $9,893 $15,465
1996 $922 $3,645 $10,062 $14,661
1995 $853 $3,494 $9,828 $13,950
1994 $774 $3,331 $8,000 $12,938
1993 $757 $3,177 $7,296 $12,103
1992 $760 $3,036 $8,220 $11,429
1991 $734 $2,981 $7,559 $10,784
1990 $683 $2,797 $7,192 $10,086
1989 $675 - $6,041 -
1988 $673 - $5,814 -
1987 $650 - $5,084 -
1986 $604 - $4,195 -
1985 $838 - $3,322 -
1984 $982 - $3,333 -
1983 $882 - $3,527 -
1982 $930 - $3,788 -
1981 $1,001 - $3,898 -
1980 $788 - $3,948 -
1979 $785 - $3,196 -
1978 $683 - $2,559 -
1977 $600 - $2,038 -
1976 $520 - $1,727 -
1975 $468 - $1,560 -
1974 $418 - $1,245 -
1973 $257.2 - $1,144 -
1972 $261.9 - $976 -
1971 $233.4 - $874 -
1970 $221.6 - $828 -
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 (1960–2025, retrieved 2026-07-08).

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

Bolivia's GDP per capita is $5,148, ranking 121/197, compared to $47,907 in Malta, ranking 28/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Malta ranks 25th at $69,864.

Economic indicators

Bolivia Malta
Gross domestic product
$64.8B
2025
$27.8B
2025
GDP rank
88/197
2025
118/197
2025
GDP growth
-1.58%
2024-2025
3.96%
2024-2025
GDP per capita
$5,148
2025
$47,907
2025
GDP per capita rank
121/197
2025
28/197
2025
GDP per capita, PPP
$12,878
2024
$69,864
2024
GDP per capita PPP rank
122/197
2024
25/197
2024
Government debt
$54.9B
2025
$13B
2025
Debt-to-GDP ratio
84.8%
2025
46.8%
2025
Government debt per person
$4,364
2025
$22,407
2025
Government debt per person rank
93/185
2025
30/185
2025
Average annual personal income after taxes
$4,410
2026
$22,914
2026
Market capitalization of domestic companies n/a
$5.35B
2025
Income share by richest 10%
30.6%
2024
24.7%
2023
Income share by poorest 10%
1.9%
2024
2.8%
2023
Government expenditure, % of GDP
32.2%
2025
37%
2025
Consumer prices inflation
19.5%
2024-2025
2.36%
2024-2025
Central bank interest rate
3.26%
2025
n/a
Unemployment rate
2.73%
2024
3.1%
2025
Population
12837312
586345

Spending and national debt comparison by year

Bolivia
Spending

Debt
Malta
Spending

Debt
1x
Year % of GDP
Bolivia Malta
Government spending Government debt Government spending Government debt
2025 32.2% 84.8% 37% 46.8%
2024 33.5% 83.2% 37.4% 46%
2023 33.5% 78.3% 35.8% 46.8%
2022 31.2% 69.2% 38.4% 50.1%
2021 29.4% 68.7% 39.5% 49.6%
2020 31.9% 67.5% 42.1% 48.6%
2019 30.1% 48.9% 34.9% 39.2%
2018 31.4% 44.2% 34.5% 41.4%
2017 31.6% 41.9% 32.7% 45.6%
2016 32.9% 38.2% 35.5% 53.1%
2015 37% 34% 37.8% 55%
2014 34.9% 31.8% 39.6% 60.7%
2013 30.4% 31% 40.1% 64.9%
2012 31.3% 30.7% 41.7% 65.6%
2011 30.6% 30.5% 41.5% 68.9%
2010 27.5% 32.8% 40.1% 65%
2009 28.9% 34.1% 41.1% 66%
2008 31.1% 32.4% 42.1% 61.5%
2007 28.9% 35.5% 41.2% 62%
2006 26.6% 48.6% 42.5% 64.5%
2005 29.5% 73.2% 42.5% 70.2%
2004 29% 80.6% 42% 70.4%
2003 28.6% 85.5% 45.6% 68.6%
2002 29.6% 77.2% 43.6% 65.1%
2001 28.6% 74.4% 44.4% 70%
2000 26.2% 66.5% 42.9% 64.4%
1999 26.3% 61.7% - 69.8%
1998 26.8% 61.2% - 66.4%
1997 25.3% 64.6% - 60.8%
1996 23.3% 72.4% - 51.5%
1995 23.1% 81.7% - 45.3%
1994 23.9% 87.6% - -
1993 24.3% 83.8% - -
1992 22.6% 92.4% - -
1991 21.6% 92.8% - -
1990 20.4% 102.9% - -
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Bolivia's government spending was $20.8B, accounting for 32.2% of its GDP, while Malta spent $10.3B, or 37% of GDP.

Debt-to-GDP ratio is 84.8% in Bolivia and 46.8% in Malta, ranking 36/185 and 113/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Malta
1x
Year Deficit/surplus, % of GDP
Bolivia Malta
2025 -11.6% -3.1%
2024 -8.7% -3.51%
2023 -9.46% -4.43%
2022 -6.15% -5.33%
2021 -7.87% -6.96%
2020 -11% -8.71%
2019 -6.04% 0.72%
2018 -6.8% 1.86%
2017 -6.42% 3.4%
2016 -5.95% 1.1%
2015 -5.76% -0.84%
2014 -2.88% -1.49%
2013 0.51% -2.19%
2012 1.49% -3.31%
2011 0.72% -2.99%
2010 1.42% -2.22%
2009 2.29% -3.11%
2008 3.1% -4.06%
2007 -1.37% -2.05%
2006 3.99% -2.46%
2005 -2% -2.83%
2004 -4.97% -4.28%
2003 -7.04% -9.04%
2002 -7.82% -5.62%
2001 -6.11% -6.5%
2000 -3.34% -5.83%
1999 -3.43% -
1998 -4.56% -
1997 -2.94% -
1996 -1.7% -
1995 -1.63% -
1994 -2.68% -
1993 -5.46% -
1992 -3.94% -
1991 -3.76% -
1990 -3.94% -
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1989, retrieved 2026-07-08).

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

In 2025, Bolivia's government deficit, the difference between spending and revenue, was $7.51B, equivalent to 11.6% of GDP. This compares to Malta's deficit of $861M, or 3.1% of GDP.

Over the past 26 years, Bolivia recorded a fiscal deficit in 19 of those years, while Malta ran a deficit in 22 years. On average, Bolivia posted an annual deficit equal to 4.14% of GDP, compared to deficit of 3.22% of GDP for Malta.

Inflation comparison by year

Inflation
Bolivia

Malta
1x
Year Consumer prices inflation
Bolivia Malta
2025 19.5% 2.36%
2024 5.1% 1.65%
2023 2.58% 5.09%
2022 1.75% 6.15%
2021 0.74% 1.5%
2020 0.94% 0.64%
2019 1.84% 1.64%
2018 2.27% 1.16%
2017 2.82% 1.36%
2016 3.62% 0.64%
2015 4.06% 1.1%
2014 5.77% 0.31%
2013 5.74% 1.18%
2012 4.52% 2.38%
2011 9.88% 2.96%
2010 2.5% 1.52%
2009 3.35% 2.08%
2008 14% 4.26%
2007 8.71% 1.25%
2006 4.28% 2.77%
2005 5.39% 3.01%
2004 4.44% 2.79%
2003 3.34% 1.3%
2002 0.93% 2.19%
2001 1.59% 2.93%
2000 4.61% 2.37%
1999 2.16% 2.13%
1998 7.67% 2.39%
1997 4.71% 3.11%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Bolivia has recorded an average annual inflation rate of 4.79%, compared with 2.22% in Malta. In 2025, inflation was 19.5% in Bolivia and 2.36% in Malta.

Top exports between countries

Bolivia
Export category Export value
Raw materials & minerals $19K
Malta
Export category Export value
Wood & paper products $49.8M
Chemicals & pharma $6K

Balance of trade

Bolivia Malta
Current account balance
-$1.22B
2025
$1.78B
2024
Current account balance ranking
124/190
2025
45/190
2024
Current account balance, % of GDP
-1.88%
2025
+7.1%
2024
Goods imports
$9.23B
2025
$7.56B
2024
Goods exports
$9.56B
2025
$4.58B
2024
Service imports
$2.25B
2025
$17.4B
2024
Service exports
$1.21B
2025
$25B
2024
Imports of goods and services, % of GDP
25.5%
2024
99.9%
2025
Exports of goods and services, % of GDP
21.4%
2024
119.1%
2025

Economic freedom indices

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

Bolivia Malta
Economic freedom 42.4 68.2
Economic freedom ranking 184/197 49/197
Property rights 20.2 85.5
Government integrity 27.1 54.3
Judicial effectiveness 29.5 80.2
Tax burden 86.4 68.5
Government spending 56.3 58.4
Fiscal health 0.8 63.2
Business freedom 53.6 83.2
Labor freedom 52.2 62.6
Monetary freedom 67.1 73.1
Trade freedom 60.6 79.4
Investment freedom 15 60
Financial freedom 40 50

Economic freedom comparison by year

Bolivia
Malta
1x
Year Economic freedom index
Bolivia Malta
2026 42.4 68.2
2025 44.1 66.8
2024 43.5 64.5
2023 43.4 67.5
2022 43 71.5
2021 42.7 70.2
2020 42.8 69.5
2019 42.3 68.6
2018 44.1 68.5
2017 47.7 67.7
2016 47.4 66.7
2015 46.8 66.5
2014 48.4 66.4
2013 47.9 67.5
2012 50.2 67
2011 50 65.7
2010 49.4 67.2
2009 53.6 66.1
2008 53.1 66
2007 54.2 66.1
2006 57.8 67.3
2005 58.4 68.9
2004 64.5 63.3
2003 64.3 61.1
2002 65.1 62.2
2001 68 62.9
2000 65 58.3
1999 65.6 59.3
1998 68.8 61.2
1997 65.1 57.9
1996 65.2 55.8
1995 56.8 56.3

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 68.2 for Malta, ranking 49/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Malta
Services, % of GDP
53.4%
2024
81.3%
2025
Industry, % of GDP
31.3%
2024
10.1%
2025
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
0.47%
2025
GNI, Atlas method
$55.6B
2025
$24B
2025
GNI per capita, PPP
$12,530
2025
$64,900
2025
Total reserves including gold
$580M
2025
$1.54B
2025
Total reserves ranking
155/177
2025
134/177
2025
Net foreign direct investment
-$464M
2025
-$6.13B
2024
Net inflows of foreign direct investment
$358M
2024
$42.6B
2024
Net outflows of foreign direct investment
$133M
2024
$36.5B
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
n/a
Poverty at national poverty lines
37.7%
2024
16.7%
2021
Gross capital formation, % of GDP
17.9%
2024
18.7%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.