Skip to content

Economy of Bolivia vs Myanmar compared: GDP & Debt

Updated on by Georank team

Bolivia has a GDP of $54.9B compared to $74.1B for Myanmar, ranking 88/197 and 85/197 by economy size, respectively.

Bolivia has $53.8B in government debt (98% of GDP), compared to $44B (59.3% of GDP) in Myanmar.

Bolivia vs Myanmar GDP by year

Bolivia
Myanmar
1x
Year GDP, current $
Bolivia Myanmar
2024 $54,881,327,453 $74,068,349,524
2023 $52,340,206,946 $66,757,619,000
2022 $50,959,081,954 $62,253,049,903
2021 $47,877,892,402 $66,345,291,149
2020 $42,313,784,081 $79,006,113,670
2019 $49,056,643,589 $75,065,106,243
2018 $48,414,038,842 $67,860,515,993
2017 $45,927,439,595 $66,053,040,475
2016 $33,941,126,194 $63,298,361,984
2015 $33,000,198,249 $59,607,290,408
2014 $32,996,188,017 $65,531,374,210
2013 $30,659,338,886 $60,269,732,855
2012 $27,084,497,482 $59,937,796,648
2011 $23,963,164,697 $59,977,326,086
2010 $19,649,723,722 $49,540,813,342
2009 $17,339,992,194 $36,906,181,381
2008 $16,674,276,286 $31,862,554,102
2007 $13,120,108,008 $20,182,477,481
2006 $11,451,844,902 $14,502,553,710
2005 $9,549,122,905 $11,986,972,419
2004 $8,773,451,752 $10,567,354,056
2003 $8,082,399,640 $10,467,109,978
2002 $7,905,485,146 $6,777,632,512
2001 $8,141,516,928 $6,477,790,688
2000 $8,397,855,485 $8,905,066,164
1999 $8,285,064,435 $8,486,832,801
1998 $8,497,494,652 $6,459,461,639
1997 $7,925,736,821 $4,722,288,496
1996 $7,396,949,126 $6,123,556,717
1995 $6,715,161,732 $5,289,174,943
1994 $5,981,222,859 $4,432,257,174
1993 $5,734,699,489 $3,163,020,035
1992 $5,643,868,749 $2,411,552,289
1991 $5,343,262,457 $2,069,832,687
1990 $4,867,582,598 $2,115,193,513
1989 $4,715,973,437 $2,013,448,229
1988 $4,597,612,362 $1,541,088,312
1987 $4,347,956,338 $1,562,448,077
1986 $3,959,382,833 $1,582,873,750
1985 $5,377,276,555 $1,478,908,173
1984 $6,169,483,225 $1,304,063,253
1983 $5,422,656,823 $1,381,573,615
1982 $5,594,126,369 $1,481,165,468
1981 $5,891,598,695 $1,111,000,765
1980 $4,537,479,608 $1,038,225,167
1979 $4,421,336,383 $952,265,043
1978 $3,758,220,890 $935,408,775
1977 $3,227,436,282 $873,579,932
1976 $2,731,984,008 $1,204,699,849
1975 $2,404,697,651 $1,061,107,354
1974 $2,100,249,875 $1,225,589,878
1973 $1,262,968,516 $719,754,655
1972 $1,257,615,645 $662,213,083
1971 $1,095,622,896 $587,448,405
1970 $1,017,003,367 $563,555,631
1969 $929,629,630 $571,854,215
1968 $857,912,458 $559,956,130
1967 $755,808,081 $420,359,036
1966 $669,191,919 $293,103,479
1965 $604,377,104 $367,053,117
1964 $544,023,569 $411,419,906
1963 $482,828,283 $598,998,419
1962 $448,400,673 $634,528,872
1961 $410,101,010 $605,581,577
1960 $377,020,202 $545,098,448

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

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

GDP per capita in Bolivia vs Myanmar by year

Bolivia
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,421 $12,878 $1,359 $5,997
2023 $4,275 $12,892 $1,233 $5,953
2022 $4,219 $12,307 $1,158 $5,732
2021 $4,011 $11,202 $1,243 $5,178
2020 $3,581 $9,581 $1,490 $5,741
2019 $4,203 $11,005 $1,426 $6,101
2018 $4,207 $10,758 $1,298 $5,581
2017 $4,048 $10,420 $1,273 $4,706
2016 $3,036 $9,242 $1,229 $4,460
2015 $2,996 $8,757 $1,167 $4,459
2014 $3,041 $8,629 $1,293 $4,376
2013 $2,870 $8,069 $1,199 $4,144
2012 $2,576 $7,184 $1,203 $3,845
2011 $2,316 $6,598 $1,214 $3,579
2010 $1,930 $6,245 $1,011 $3,348
2009 $1,731 $6,024 $758 $3,040
2008 $1,693 $5,890 $658 $2,748
2007 $1,355 $5,537 $419 $2,459
2006 $1,203 $5,244 $303 $2,153
2005 $1,020 $4,938 $252.7 $1,860
2004 $953 $4,663 $224.5 $1,601
2003 $893 $4,433 $224.3 $1,385
2002 $888 $4,304 $146.6 $1,204
2001 $930 $4,205 $141.5 $1,069
2000 $976 $4,113 $196.6 $949
1999 $979 $3,991 $189.5 $825
1998 $1,022 $3,988 $146 $742
1997 $970 $3,822 $108 $702
1996 $922 $3,645 $141.9 $661
1995 $853 $3,494 $124.1 $618
1994 $774 $3,331 $105.4 $573
1993 $757 $3,177 $76.2 $529
1992 $760 $3,036 $58.9 $494
1991 $734 $2,981 $51.2 $447
1990 $683 $2,797 $53.1 $441
1989 $675 - $51.3 -
1988 $673 - $39.9 -
1987 $650 - $41.1 -
1986 $604 - $42.4 -
1985 $838 - $40.4 -
1984 $982 - $36.3 -
1983 $882 - $39.3 -
1982 $930 - $43 -
1981 $1,001 - $32.8 -
1980 $788 - $31.2 -
1979 $785 - $29.2 -
1978 $683 - $29.3 -
1977 $600 - $27.9 -
1976 $520 - $39.2 -
1975 $468 - $35.2 -
1974 $418 - $41.4 -
1973 $257.2 - $24.8 -
1972 $261.9 - $23.3 -
1971 $233.4 - $21.1 -
1970 $221.6 - $20.7 -
1969 $207.1 - $21.5 -
1968 $195.5 - $21.5 -
1967 $176.1 - $16.5 -
1966 $159.3 - $11.8 -
1965 $147.1 - $15.1 -
1964 $135.2 - $17.3 -
1963 $122.6 - $25.8 -
1962 $116.2 - $27.9 -
1961 $108.5 - $27.3 -
1960 $101.8 - $25.1 -

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

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

Bolivia's GDP per capita is $4,421, ranking 125/197, compared to $1,359 in Myanmar, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Myanmar ranks 153rd at $5,997.

Economic indicators

Bolivia Myanmar
Gross domestic product
$54.9B
2024
$74.1B
2024
GDP rank
88/197
2024
85/197
2024
GDP growth
-1.12%
2023-2024
-0.97%
2023-2024
GDP per capita
$4,421
2024
$1,359
2024
GDP per capita rank
125/197
2024
165/197
2024
GDP per capita, PPP
$12,878
2024
$5,997
2024
GDP per capita PPP rank
122/197
2024
153/197
2024
Government debt
$53.8B
2024
$44B
2024
Debt-to-GDP ratio
98%
2024
59.3%
2024
Government debt per person
$4,331
2024
$806
2024
Government debt per person rank
88/185
2024
150/185
2024
Average annual personal income after taxes
$4,720
2026
$1,646
2026
Income share by richest 10%
31.3%
2023
25.5%
2017
Income share by poorest 10%
1.8%
2023
3.8%
2017
Government expenditure, % of GDP
39.8%
2024
20.7%
2024
Consumer prices inflation
5.1%
2023-2024
8.83%
2018-2019
Central bank interest rate
3.26%
2025
n/a
Unemployment rate
2.73%
2024
1.48%
2020
Population
12798112
55292116

Spending and national debt comparison by year

Bolivia
Spending

Debt
Myanmar
Spending

Debt
1x
Year % of GDP
Bolivia Myanmar
Government spending Government debt Government spending Government debt
2024 39.8% 98% 20.7% 59.3%
2023 38.7% 90.8% 21.4% 59.1%
2022 36% 80.1% 21.3% 56.1%
2021 34.8% 81.4% 20.9% 63.4%
2020 36.8% 78% 21.3% 49.1%
2019 36.1% 58.6% 20.5% 37.6%
2018 37.7% 53.1% 18.7% 39.9%
2017 38.6% 51.3% 19.7% 41.9%
2016 40% 46.5% 21.3% 35.7%
2015 44.5% 40.9% 23.7% 36.6%
2014 41.2% 37.6% 24.7% 34.5%
2013 35.4% 36.1% 23.9% 44.8%
2012 36% 35.4% 20% 48%
2011 35.4% 35.3% 15.6% 49.9%
2010 31.5% 37.6% 15.8% 54.4%
2009 33.2% 39.2% 14.4% 56.4%
2008 35.3% 36.8% 14.4% 59.8%
2007 32.7% 40% 15.7% 77.4%
2006 29.8% 54.4% 15.6% 103.1%
2005 33.2% 82.2% 14.6% 119%
2004 32.3% 89.8% 14.6% 126.6%
2003 32% 95.6% 14.3% 146%
2002 33.3% 86.7% 15.3% 190.6%
2001 32% 83% 19.1% 262%
2000 29.3% 74.3% 21.4% 164.5%
1999 29.4% 61.7% 22.8% 150.7%
1998 30% 61.2% 25.2% 208.6%
1997 28.3% 64.6% - -
1996 26% 72.4% - -
1995 25.8% 81.7% - -
1994 26.8% 87.6% - -
1993 27.2% 83.8% - -
1992 25.3% 92.4% - -
1991 24.2% 92.8% - -
1990 22.8% 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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Bolivia's government spending was $21.9B, accounting for 39.8% of its GDP, while Myanmar spent $15.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 98% in Bolivia and 59.3% in Myanmar, ranking 26/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Myanmar
1x
Year Deficit/surplus, % of GDP
Bolivia Myanmar
2024 -10.6% -5.06%
2023 -10.9% -5.18%
2022 -7.12% -2.82%
2021 -9.33% -2.47%
2020 -12.7% -6.5%
2019 -7.25% -4.7%
2018 -8.17% -2.77%
2017 -7.86% -3.42%
2016 -7.24% -2.53%
2015 -6.93% -4.33%
2014 -3.41% -1.06%
2013 0.6% -1.53%
2012 1.72% -2.7%
2011 0.83% -4.82%
2010 1.62% -5.4%
2009 2.63% -3.55%
2008 3.53% -2.73%
2007 -1.54% -3.52%
2006 4.47% -3.42%
2005 -2.24% -3.49%
2004 -5.54% -4.62%
2003 -7.88% -4.24%
2002 -8.79% -4.01%
2001 -6.82% -6.34%
2000 -3.73% -6.03%
1999 -3.84% -4.46%
1998 -5.1% -4.89%
1997 -3.28% -
1996 -1.9% -
1995 -1.82% -
1994 -3% -
1993 -6.1% -
1992 -4.4% -
1991 -4.2% -
1990 -4.4% -
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/myanmar | CC BY

In 2024, Bolivia's government deficit, the difference between spending and revenue, was $5.83B, equivalent to 10.6% of GDP. This compares to Myanmar's deficit of $3.75B, or 5.06% of GDP.

Over the past 27 years, Bolivia recorded a fiscal deficit in 20 of those years, while Myanmar ran a deficit in 27 years. On average, Bolivia posted an annual deficit equal to 4.51% of GDP, compared to deficit of 3.95% of GDP for Myanmar.

Inflation comparison by year

Inflation
Bolivia

Myanmar
1x
Year Consumer prices inflation
Bolivia Myanmar
2024 5.1% -
2023 2.58% -
2022 1.75% -
2021 0.74% -
2020 0.94% -
2019 1.84% 8.83%
2018 2.27% 6.87%
2017 2.82% 4.57%
2016 3.62% 6.93%
2015 4.06% 9.45%
2014 5.77% 4.95%
2013 5.74% 5.64%
2012 4.52% 1.47%
2011 9.88% 5.02%
2010 2.5% 7.72%
2009 3.35% 1.47%
2008 14% 26.8%
2007 8.71% 35%
2006 4.28% 20%
2005 5.39% 9.37%
2004 4.44% 4.53%
2003 3.34% 36.6%
2002 0.93% 57.1%
2001 1.59% 21.1%
2000 4.61% -0.11%
1999 2.16% 18.4%
1998 7.67% 51.5%
1997 4.71% 29.7%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 23 years, Bolivia has recorded an average annual inflation rate of 4.7%, compared with 16.2% in Myanmar. In 2019, inflation was 5.1% in Bolivia and 8.83% in Myanmar.

Top exports between countries

Bolivia
Export category Export value
Processed food, beverages & tobacco $15.3M
Raw agricultural goods $797K
Raw materials & minerals $30K
Myanmar
Export category Export value
Chemicals & pharma $25K
Metals $18K
Raw agricultural goods $16K

Balance of trade

Bolivia Myanmar
Current account balance
-$1.41B
2024
$67.7M
2019
Current account balance ranking
132/190
2024
71/190
2019
Current account balance, % of GDP
-2.56%
2024
+0.09%
2019
Goods imports
$9.15B
2024
$13.7B
2019
Goods exports
$8.93B
2024
$10.8B
2019
Service imports
$2.35B
2024
$3.66B
2019
Service exports
$1.14B
2024
$6.68B
2019
Imports of goods and services, % of GDP
25.5%
2024
n/a
Exports of goods and services, % of GDP
21.4%
2024
24.3%
2025

Economic freedom indices

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

Bolivia Myanmar
Economic freedom 42.4 44.5
Economic freedom ranking 184/197 180/197
Property rights 20.2 5.7
Government integrity 27.1 18.1
Judicial effectiveness 29.5 3.9
Tax burden 86.4 88.6
Government spending 56.3 86.6
Fiscal health 0.8 62.7
Business freedom 53.6 37.9
Labor freedom 52.2 53.2
Monetary freedom 67.1 57.5
Trade freedom 60.6 69.4
Investment freedom 15 30
Financial freedom 40 20

Economic freedom comparison by year

Bolivia
Myanmar
1x
Year Economic freedom index
Bolivia Myanmar
2026 42.4 44.5
2025 44.1 43.7
2024 43.5 42.2
2023 43.4 46.5
2022 43 49.6
2021 42.7 55.2
2020 42.8 54
2019 42.3 53.6
2018 44.1 53.9
2017 47.7 52.5
2016 47.4 48.7
2015 46.8 46.9
2014 48.4 46.5
2013 47.9 39.2
2012 50.2 38.7
2011 50 37.8
2010 49.4 36.7
2009 53.6 37.7
2008 53.1 39.5
2007 54.2 41
2006 57.8 40
2005 58.4 40.5
2004 64.5 43.6
2003 64.3 44.9
2002 65.1 45.5
2001 68 46.1
2000 65 47.9
1999 65.6 46.4
1998 68.8 45.7
1997 65.1 45.4
1996 65.2 45.1
1995 56.8 -

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

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 44.5 for Myanmar, ranking 180/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Myanmar
Services, % of GDP
53.4%
2024
41.4%
2024
Industry, % of GDP
31.3%
2024
37.8%
2024
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
20.8%
2024
GNI, Atlas method
$51.7B
2024
$65.9B
2024
GNI per capita, PPP
$12,620
2024
$5,890
2024
Total reserves including gold
$1.98B
2024
$9.34B
2023
Total reserves ranking
127/177
2024
81/177
2023
Net foreign direct investment
-$113M
2024
-$1.74B
2019
Net inflows of foreign direct investment
$387M
2024
$1.1B
2024
Net outflows of foreign direct investment
$133M
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
1.31%
2024
Poverty at national poverty lines
36.5%
2023
24.8%
2017
Gross capital formation, % of GDP
17.9%
2024
n/a

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/myanmar | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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.