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Economy of Bolivia vs Nauru compared: GDP & Debt

Updated on by Georank team

Bolivia has a GDP of $54.9B compared to $163M for Nauru, ranking 88/197 and 195/197 by economy size, respectively.

Bolivia has $53.8B in government debt (98% of GDP), compared to $28.3M (17.4% of GDP) in Nauru.

Bolivia vs Nauru GDP by year

Bolivia
Nauru
1x
Year GDP, current $
Bolivia Nauru
2024 $54,881,327,453 $162,588,621
2023 $52,340,206,946 $151,435,610
2022 $50,959,081,954 $152,373,434
2021 $47,877,892,402 $175,390,281
2020 $42,313,784,081 $124,685,688
2019 $49,056,643,589 $125,160,116
2018 $48,414,038,842 $130,995,566
2017 $45,927,439,595 $109,355,639
2016 $33,941,126,194 $97,541,943
2015 $33,000,198,249 $84,863,441
2014 $32,996,188,017 $99,149,244
2013 $30,659,338,886 $94,385,015
2012 $27,084,497,482 $101,055,723
2011 $23,963,164,697 $65,071,880
2010 $19,649,723,722 $47,562,845
2009 $17,339,992,194 $44,176,246
2008 $16,674,276,286 $37,602,265
2007 $13,120,108,008 $22,766,972
2006 $11,451,844,902 $29,200,359
2005 $9,549,122,905 $30,070,666
2004 $8,773,451,752 $30,587,566
2003 $8,082,399,640 $24,778,160
2002 $7,905,485,146 $21,017,424
2001 $8,141,516,928 $22,613,288
2000 $8,397,855,485 $26,930,980
1999 $8,285,064,435 $27,328,613
1998 $8,497,494,652 $29,664,451
1997 $7,925,736,821 $37,331,507
1996 $7,396,949,126 $37,458,801
1995 $6,715,161,732 $39,969,706
1994 $5,981,222,859 $39,742,511
1993 $5,734,699,489 $43,542,088
1992 $5,643,868,749 $51,133,123
1991 $5,343,262,457 $52,533,789
1990 $4,867,582,598 $55,572,376
1989 $4,715,973,437 $53,736,786
1988 $4,597,612,362 $45,931,134
1987 $4,347,956,338 $40,118,410
1986 $3,959,382,833 $39,939,391
1985 $5,377,276,555 $41,548,741
1984 $6,169,483,225 $47,363,231
1983 $5,422,656,823 $48,439,093
1982 $5,594,126,369 $52,877,742
1981 $5,891,598,695 $51,689,637
1980 $4,537,479,608 $46,947,124
1979 $4,421,336,383 $44,431,330
1978 $3,758,220,890 $41,754,147
1977 $3,227,436,282 $40,444,702
1976 $2,731,984,008 $40,287,427
1975 $2,404,697,651 $40,106,776
1974 $2,100,249,875 $35,994,511
1973 $1,262,968,516 $26,529,817
1972 $1,257,615,645 $21,734,269
1971 $1,095,622,896 $19,009,433
1970 $1,017,003,367 $17,570,366
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/nauru | CC BY

GDP per capita in Bolivia vs Nauru by year

Bolivia
GDP per capita

GDP per capita, PPP
Nauru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Nauru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,421 $12,878 $13,609 $14,173
2023 $4,275 $12,892 $12,752 $13,732
2022 $4,219 $12,307 $12,912 $13,245
2021 $4,011 $11,202 $14,979 $12,112
2020 $3,581 $9,581 $10,709 $10,811
2019 $4,203 $11,005 $10,802 $10,555
2018 $4,207 $10,758 $11,414 $9,657
2017 $4,048 $10,420 $9,657 $9,650
2016 $3,036 $9,242 $8,748 $10,281
2015 $2,996 $8,757 $7,747 $9,955
2014 $3,041 $8,629 $9,230 $9,726
2013 $2,870 $8,069 $8,975 $8,429
2012 $2,576 $7,184 $9,843 $8,153
2011 $2,316 $6,598 $6,444 $6,544
2010 $1,930 $6,245 $4,736 $5,620
2009 $1,731 $6,024 $4,411 $5,568
2008 $1,693 $5,890 $3,757 $5,863
2007 $1,355 $5,537 $2,272 $4,789
2006 $1,203 $5,244 $2,910 $5,975
2005 $1,020 $4,938 $2,992 $5,336
2004 $953 $4,663 $3,041 $5,169
2003 $893 $4,433 $2,463 $5,261
2002 $888 $4,304 $2,085 $5,132
2001 $930 $4,205 $2,232 $5,587
2000 $976 $4,113 $2,649 $5,838
1999 $979 $3,991 $2,683 $6,118
1998 $1,022 $3,988 $2,909 $6,450
1997 $970 $3,822 $3,661 $7,231
1996 $922 $3,645 $3,679 $7,818
1995 $853 $3,494 $3,932 $8,726
1994 $774 $3,331 $3,921 $9,308
1993 $757 $3,177 $4,310 $9,513
1992 $760 $3,036 $5,103 $11,167
1991 $734 $2,981 $5,333 $13,265
1990 $683 $2,797 $5,776 $16,215
1989 $675 - $5,723 -
1988 $673 - $5,012 -
1987 $650 - $4,485 -
1986 $604 - $4,569 -
1985 $838 - $4,859 -
1984 $982 - $5,654 -
1983 $882 - $5,896 -
1982 $930 - $6,577 -
1981 $1,001 - $6,594 -
1980 $788 - $6,138 -
1979 $785 - $5,950 -
1978 $683 - $5,721 -
1977 $600 - $5,646 -
1976 $520 - $5,703 -
1975 $468 - $5,740 -
1974 $418 - $5,199 -
1973 $257.2 - $3,864 -
1972 $261.9 - $3,191 -
1971 $233.4 - $2,811 -
1970 $221.6 - $2,619 -
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/nauru | CC BY

Bolivia's GDP per capita is $4,421, ranking 125/197, compared to $13,609 in Nauru, ranking 74/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Nauru ranks 119th at $14,173.

Economic indicators

Bolivia Nauru
Gross domestic product
$54.9B
2024
$163M
2024
GDP rank
88/197
2024
195/197
2024
GDP growth
-1.12%
2023-2024
1.39%
2023-2024
GDP per capita
$4,421
2024
$13,609
2024
GDP per capita rank
125/197
2024
74/197
2024
GDP per capita, PPP
$12,878
2024
$14,173
2024
GDP per capita PPP rank
122/197
2024
119/197
2024
Government debt
$53.8B
2024
$28.3M
2024
Debt-to-GDP ratio
98%
2024
17.4%
2024
Government debt per person
$4,331
2024
$2,367
2024
Government debt per person rank
88/185
2024
113/185
2024
Average annual personal income after taxes
$4,720
2026
$8,783
2026
Income share by richest 10%
31.3%
2023
25.3%
2012
Income share by poorest 10%
1.8%
2023
3.4%
2012
Government expenditure, % of GDP
39.8%
2024
122.1%
2024
Consumer prices inflation
5.1%
2023-2024
9.3%
2023-2024
Central bank interest rate
3.26%
2025
n/a
Unemployment rate
2.73%
2024
5.06%
2021
Population
12798112
12125

Spending and national debt comparison by year

Bolivia
Spending

Debt
Nauru
Spending

Debt
1x
Year % of GDP
Bolivia Nauru
Government spending Government debt Government spending Government debt
2024 39.8% 98% 122.1% 17.4%
2023 38.7% 90.8% 118.1% 20.5%
2022 36% 80.1% 134.8% 22.4%
2021 34.8% 81.4% 93% 20.5%
2020 36.8% 78% 109.4% 56.3%
2019 36.1% 58.6% 106% 59.6%
2018 37.7% 53.1% 90.8% 71.1%
2017 38.6% 51.3% 102.3% 78%
2016 40% 46.5% 96% 86.3%
2015 44.5% 40.9% 85.4% 113%
2014 41.2% 37.6% 61.3% 147.7%
2013 35.4% 36.1% 66% 166.9%
2012 36% 35.4% 46% 157.3%
2011 35.4% 35.3% 44.7% 236.8%
2010 31.5% 37.6% 73.8% 298.9%
2009 33.2% 39.2% 68% 295.6%
2008 35.3% 36.8% - -
2007 32.7% 40% - -
2006 29.8% 54.4% - -
2005 33.2% 82.2% - -
2004 32.3% 89.8% - -
2003 32% 95.6% - -
2002 33.3% 86.7% - -
2001 32% 83% - -
2000 29.3% 74.3% - -
1999 29.4% 61.7% - -
1998 30% 61.2% - -
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/nauru | CC BY

In 2024, Bolivia's government spending was $21.9B, accounting for 39.8% of its GDP, while Nauru spent $199M, or 122.1% of GDP.

Debt-to-GDP ratio is 98% in Bolivia and 17.4% in Nauru, ranking 26/185 and 176/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Nauru
1x
Year Deficit/surplus, % of GDP
Bolivia Nauru
2024 -10.6% 29.8%
2023 -10.9% 19.4%
2022 -7.12% 24.3%
2021 -9.33% 44.5%
2020 -12.7% 42.8%
2019 -7.25% 31%
2018 -8.17% 29.6%
2017 -7.86% 16.2%
2016 -7.24% 18.9%
2015 -6.93% 10.7%
2014 -3.41% 29.6%
2013 0.6% 1.71%
2012 1.72% 8.12%
2011 0.83% 2.73%
2010 1.62% 0.09%
2009 2.63% 0.37%
2008 3.53% -
2007 -1.54% -
2006 4.47% -
2005 -2.24% -
2004 -5.54% -
2003 -7.88% -
2002 -8.79% -
2001 -6.82% -
2000 -3.73% -
1999 -3.84% -
1998 -5.1% -
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/nauru | 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 Nauru's surplus of $48.4M, or 29.8% of GDP.

Over the past 16 years, Bolivia recorded a fiscal deficit in 11 of those years, while Nauru ran a deficit in 0 years. On average, Bolivia posted an annual deficit equal to 5.26% of GDP, compared to surplus of 19.4% of GDP for Nauru.

Inflation comparison by year

Inflation
Bolivia

Nauru
1x
Year Consumer prices inflation
Bolivia Nauru
2024 5.1% 9.3%
2023 2.58% 4.8%
2022 1.75% 1.1%
2021 0.74% 2%
2020 0.94% 0.9%
2019 1.84% 4.1%
2018 2.27% 1.1%
2017 2.82% 4.5%
2016 3.62% 8.1%
2015 4.06% 9.8%
2014 5.77% 0.3%
2013 5.74% -1.1%
2012 4.52% 0.3%
2011 9.88% -3.4%
2010 2.5% -2%
2009 3.35% 22.4%
2008 14% 1%
2007 8.71% 5.6%
2006 4.28% 19.3%
2005 5.39% 8.7%
2004 4.44% -
2003 3.34% -
2002 0.93% -
2001 1.59% -
2000 4.61% -
1999 2.16% -
1998 7.67% -
1997 4.71% -

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06); International Monetary Fund (IMF) | World Economic Outlook (2005–2024, retrieved 2026-02-20).

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

Over the past 20 years, Bolivia has recorded an average annual inflation rate of 4.49%, compared with 4.84% in Nauru. In 2024, inflation was 5.1% in Bolivia and 9.3% in Nauru.

Top exports between countries

Bolivia
Export category Export value
Nauru
Export category Export value
Machinery & equipment $34K

Balance of trade

Bolivia Nauru
Current account balance
-$1.41B
2024
$9.73M
2024
Current account balance ranking
132/190
2024
75/190
2024
Current account balance, % of GDP
-2.56%
2024
+5.98%
2024
Goods imports
$9.15B
2024
$92.7M
2024
Goods exports
$8.93B
2024
$25.5M
2024
Service imports
$2.35B
2024
$88.2M
2024
Service exports
$1.14B
2024
$64.6M
2024
Imports of goods and services, % of GDP
25.5%
2024
110.5%
2024
Exports of goods and services, % of GDP
21.4%
2024
55.3%
2024

Economic freedom indices

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

Bolivia Nauru
Economic freedom 42.4 60
Economic freedom ranking 184/197 97/197
Property rights 20.2 n/a
Government integrity 27.1 n/a
Judicial effectiveness 29.5 n/a
Tax burden 86.4 n/a
Government spending 56.3 n/a
Fiscal health 0.8 n/a
Business freedom 53.6 n/a
Labor freedom 52.2 n/a
Monetary freedom 67.1 n/a
Trade freedom 60.6 n/a
Investment freedom 15 n/a
Financial freedom 40 n/a

Other economic metrics

Bolivia Nauru
Services, % of GDP
53.4%
2024
n/a
Industry, % of GDP
31.3%
2024
n/a
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
n/a
GNI, Atlas method
$51.7B
2024
$244M
2024
GNI per capita, PPP
$12,620
2024
$21,970
2024
Total reserves including gold
$1.98B
2024
n/a
Total reserves ranking
127/177
2024
n/a
Net foreign direct investment
-$113M
2024
$4.51M
2024
Net inflows of foreign direct investment
$387M
2024
-$5.85M
2024
Net outflows of foreign direct investment
$133M
2024
-$1.34M
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
n/a
Poverty at national poverty lines
36.5%
2023
n/a
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/nauru | 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. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2024, retrieved 2026-02-08)

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.