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Economy of Bolivia vs Niger compared: GDP & Debt

Updated on by Georank team

Bolivia has a GDP of $54.9B compared to $19.9B for Niger, ranking 88/197 and 130/197 by economy size, respectively.

Bolivia has $53.8B in government debt (98% of GDP), compared to $9.39B (47.2% of GDP) in Niger.

Bolivia vs Niger GDP by year

Bolivia
Niger
1x
Year GDP, current $
Bolivia Niger
2024 $54,881,327,453 $19,876,128,486
2023 $52,340,206,946 $16,698,786,978
2022 $50,959,081,954 $15,433,852,712
2021 $47,877,892,402 $14,915,002,436
2020 $42,313,784,081 $13,744,653,103
2019 $49,056,643,589 $12,889,555,561
2018 $48,414,038,842 $12,837,307,497
2017 $45,927,439,595 $11,185,104,252
2016 $33,941,126,194 $10,398,861,982
2015 $33,000,198,249 $9,683,867,926
2014 $32,996,188,017 $10,862,943,544
2013 $30,659,338,886 $10,224,897,438
2012 $27,084,497,482 $9,426,912,648
2011 $23,963,164,697 $8,772,950,778
2010 $19,649,723,722 $7,851,192,502
2009 $17,339,992,194 $7,352,131,310
2008 $16,674,276,286 $7,297,600,226
2007 $13,120,108,008 $5,731,485,052
2006 $11,451,844,902 $4,756,361,252
2005 $9,549,122,905 $4,383,315,965
2004 $8,773,451,752 $3,760,443,738
2003 $8,082,399,640 $3,394,084,732
2002 $7,905,485,146 $2,782,192,879
2001 $8,141,516,928 $2,448,714,704
2000 $8,397,855,485 $2,241,753,193
1999 $8,285,064,435 $2,537,789,821
1998 $8,497,494,652 $2,643,363,519
1997 $7,925,736,821 $2,290,318,910
1996 $7,396,949,126 $2,405,686,940
1995 $6,715,161,732 $2,302,537,562
1994 $5,981,222,859 $1,938,058,175
1993 $5,734,699,489 $3,052,673,849
1992 $5,643,868,749 $3,386,232,579
1991 $5,343,262,457 $3,285,796,875
1990 $4,867,582,598 $3,512,356,508
1989 $4,715,973,437 $2,179,567,114
1988 $4,597,612,362 $2,280,356,193
1987 $4,347,956,338 $2,233,006,105
1986 $3,959,382,833 $1,904,096,998
1985 $5,377,276,555 $1,440,581,652
1984 $6,169,483,225 $1,461,243,326
1983 $5,422,656,823 $1,803,099,561
1982 $5,594,126,369 $2,017,612,216
1981 $5,891,598,695 $2,170,893,414
1980 $4,537,479,608 $2,508,524,721
1979 $4,421,336,383 $2,109,277,666
1978 $3,758,220,890 $1,774,365,590
1977 $3,227,436,282 $1,291,458,041
1976 $2,731,984,008 $1,064,517,601
1975 $2,404,697,651 $1,048,690,933
1974 $2,100,249,875 $1,026,137,111
1973 $1,262,968,516 $946,385,105
1972 $1,257,615,645 $742,779,661
1971 $1,095,622,896 $693,573,704
1970 $1,017,003,367 $649,916,621
1969 $929,629,630 $625,867,985
1968 $857,912,458 $641,214,226
1967 $755,808,081 $665,586,872
1966 $669,191,919 $702,296,079
1965 $604,377,104 $673,383,511
1964 $544,023,569 $582,816,396
1963 $482,828,283 $586,294,879
1962 $448,400,673 $531,736,599
1961 $410,101,010 $485,785,231
1960 $377,020,202 $449,526,873

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

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

GDP per capita in Bolivia vs Niger by year

Bolivia
GDP per capita

GDP per capita, PPP
Niger
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Niger
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,421 $12,878 $735 $2,050
2023 $4,275 $12,892 $638 $1,875
2022 $4,219 $12,307 $610 $1,840
2021 $4,011 $11,202 $609 $1,586
2020 $3,581 $9,581 $580 $1,497
2019 $4,203 $11,005 $562 $1,419
2018 $4,207 $10,758 $579 $1,276
2017 $4,048 $10,420 $522 $1,208
2016 $3,036 $9,242 $503 $1,189
2015 $2,996 $8,757 $486 $1,172
2014 $3,041 $8,629 $565 $1,161
2013 $2,870 $8,069 $552 $1,138
2012 $2,576 $7,184 $529 $1,162
2011 $2,316 $6,598 $511 $1,064
2010 $1,930 $6,245 $474 $1,058
2009 $1,731 $6,024 $461 $999
2008 $1,693 $5,890 $475 $1,010
2007 $1,355 $5,537 $387 $955
2006 $1,203 $5,244 $333 $935
2005 $1,020 $4,938 $319 $888
2004 $953 $4,663 $283.5 $832
2003 $893 $4,433 $265.2 $837
2002 $888 $4,304 $225.3 $832
2001 $930 $4,205 $205.4 $809
2000 $976 $4,113 $194.8 $764
1999 $979 $3,991 $228.3 $783
1998 $1,022 $3,988 $246.1 $801
1997 $970 $3,822 $220.6 $745
1996 $922 $3,645 $239.5 $746
1995 $853 $3,494 $237 $757
1994 $774 $3,331 $206.2 $748
1993 $757 $3,177 $335 $742
1992 $760 $3,036 $384 $746
1991 $734 $2,981 $384 $738
1990 $683 $2,797 $424 $739
1989 $675 - $271.3 -
1988 $673 - $292.6 -
1987 $650 - $295.3 -
1986 $604 - $259.6 -
1985 $838 - $202.4 -
1984 $982 - $211.5 -
1983 $882 - $268.8 -
1982 $930 - $310 -
1981 $1,001 - $343 -
1980 $788 - $409 -
1979 $785 - $354 -
1978 $683 - $307 -
1977 $600 - $229.8 -
1976 $520 - $194.8 -
1975 $468 - $197.2 -
1974 $418 - $198.3 -
1973 $257.2 - $187.9 -
1972 $261.9 - $151.4 -
1971 $233.4 - $145.2 -
1970 $221.6 - $139.8 -
1969 $207.1 - $138.3 -
1968 $195.5 - $145.6 -
1967 $176.1 - $155.4 -
1966 $159.3 - $168.6 -
1965 $147.1 - $166.3 -
1964 $135.2 - $148.1 -
1963 $122.6 - $153.3 -
1962 $116.2 - $143.2 -
1961 $108.5 - $134.6 -
1960 $101.8 - $128.3 -

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

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

Bolivia's GDP per capita is $4,421, ranking 125/197, compared to $735 in Niger, ranking 187/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Niger ranks 186th at $2,050.

Economic indicators

Bolivia Niger
Gross domestic product
$54.9B
2024
$19.9B
2024
GDP rank
88/197
2024
130/197
2024
GDP growth
-1.12%
2023-2024
10.3%
2023-2024
GDP per capita
$4,421
2024
$735
2024
GDP per capita rank
125/197
2024
187/197
2024
GDP per capita, PPP
$12,878
2024
$2,050
2024
GDP per capita PPP rank
122/197
2024
186/197
2024
Government debt
$53.8B
2024
$9.39B
2024
Debt-to-GDP ratio
98%
2024
47.2%
2024
Government debt per person
$4,331
2024
$347
2024
Government debt per person rank
88/185
2024
173/185
2024
Average annual personal income after taxes
$4,720
2026
$1,163
2026
Income share by richest 10%
31.3%
2023
27.8%
2021
Income share by poorest 10%
1.8%
2023
3.8%
2021
Government expenditure, % of GDP
39.8%
2024
13.4%
2024
Consumer prices inflation
5.1%
2023-2024
9.07%
2023-2024
Central bank interest rate
3.26%
2025
n/a
Unemployment rate
2.73%
2024
0.4%
2022
Population
12798112
29080898

Spending and national debt comparison by year

Bolivia
Spending

Debt
Niger
Spending

Debt
1x
Year % of GDP
Bolivia Niger
Government spending Government debt Government spending Government debt
2024 39.8% 98% 13.4% 47.2%
2023 38.7% 90.8% 15.8% 51.8%
2022 36% 80.1% 21.6% 50.6%
2021 34.8% 81.4% 24.3% 51.3%
2020 36.8% 78% 22.4% 45%
2019 36.1% 58.6% 21.6% 39.8%
2018 37.7% 53.1% 21.2% 37%
2017 38.6% 51.3% 19.5% 36.5%
2016 40% 46.5% 19.4% 32.8%
2015 44.5% 40.9% 24.2% 29.9%
2014 41.2% 37.6% 23.6% 22.1%
2013 35.4% 36.1% 20.4% 19.6%
2012 36% 35.4% 16.6% 18.1%
2011 35.4% 35.3% 15.3% 14.7%
2010 31.5% 37.6% 14.3% 15.1%
2009 33.2% 39.2% 17.7% 15.9%
2008 35.3% 36.8% 16.9% 14.2%
2007 32.7% 40% 17.4% 17.8%
2006 29.8% 54.4% 15.2% 18.3%
2005 33.2% 82.2% 15.6% 49.5%
2004 32.3% 89.8% 16.1% 55%
2003 32% 95.6% 14% 60.6%
2002 33.3% 86.7% 14.4% 69%
2001 32% 83% 13.7% 74%
2000 29.3% 74.3% 13.5% 82.1%
1999 29.4% 61.7% 15% 63.3%
1998 30% 61.2% 13.6% 61.3%
1997 28.3% 64.6% 12.9% 69.1%
1996 26% 72.4% 10.9% 63.5%
1995 25.8% 81.7% 12.5% 69.4%
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/niger | CC BY

In 2024, Bolivia's government spending was $21.9B, accounting for 39.8% of its GDP, while Niger spent $2.67B, or 13.4% of GDP.

Debt-to-GDP ratio is 98% in Bolivia and 47.2% in Niger, ranking 26/185 and 114/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Niger
1x
Year Deficit/surplus, % of GDP
Bolivia Niger
2024 -10.6% -4.27%
2023 -10.9% -5.37%
2022 -7.12% -6.77%
2021 -9.33% -6.1%
2020 -12.7% -4.82%
2019 -7.25% -3.56%
2018 -8.17% -3.01%
2017 -7.86% -4.12%
2016 -7.24% -4.46%
2015 -6.93% -6.75%
2014 -3.41% -6.12%
2013 0.6% -1.93%
2012 1.72% -0.83%
2011 0.83% -2.19%
2010 1.62% -0.99%
2009 2.63% -3.93%
2008 3.53% 1.11%
2007 -1.54% -0.75%
2006 4.47% 31%
2005 -2.24% -1.53%
2004 -5.54% -2.76%
2003 -7.88% -2.17%
2002 -8.79% -2.21%
2001 -6.82% -2.59%
2000 -3.73% -2.83%
1999 -3.84% -4.27%
1998 -5.1% -2.23%
1997 -3.28% -2.39%
1996 -1.9% -0.36%
1995 -1.82% -3.19%
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/niger | 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 Niger's deficit of $848M, or 4.27% of GDP.

Over the past 30 years, Bolivia recorded a fiscal deficit in 23 of those years, while Niger ran a deficit in 28 years. On average, Bolivia posted an annual deficit equal to 4.29% of GDP, compared to deficit of 2.01% of GDP for Niger.

Inflation comparison by year

Inflation
Bolivia

Niger
1x
Year Consumer prices inflation
Bolivia Niger
2024 5.1% 9.07%
2023 2.58% 3.7%
2022 1.75% 4.23%
2021 0.74% 3.84%
2020 0.94% 2.9%
2019 1.84% -2.49%
2018 2.27% 2.97%
2017 2.82% 2.8%
2016 3.62% 1.65%
2015 4.06% -0.58%
2014 5.77% -0.93%
2013 5.74% 2.3%
2012 4.52% 0.46%
2011 9.88% 2.94%
2010 2.5% 0.8%
2009 3.35% 0.58%
2008 14% 11.3%
2007 8.71% 0.05%
2006 4.28% 0.04%
2005 5.39% 7.8%
2004 4.44% 0.26%
2003 3.34% -1.61%
2002 0.93% 2.63%
2001 1.59% 4.01%
2000 4.61% 2.9%
1999 2.16% -2.3%
1998 7.67% 4.55%
1997 4.71% 2.93%

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

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

Over the past 28 years, Bolivia has recorded an average annual inflation rate of 4.26%, compared with 2.39% in Niger. In 2024, inflation was 5.1% in Bolivia and 9.07% in Niger.

Top exports between countries

Bolivia
Export category Export value
Niger
Export category Export value
Textiles & consumer goods $1K

Balance of trade

Bolivia Niger
Current account balance
-$1.41B
2024
-$2.33B
2023
Current account balance ranking
132/190
2024
146/190
2023
Current account balance, % of GDP
-2.56%
2024
-14%
2023
Goods imports
$9.15B
2024
$2.59B
2023
Goods exports
$8.93B
2024
$992M
2023
Service imports
$2.35B
2024
$1.22B
2023
Service exports
$1.14B
2024
$231M
2023
Imports of goods and services, % of GDP
25.5%
2024
22.7%
2024
Exports of goods and services, % of GDP
21.4%
2024
27.3%
2024

Economic freedom indices

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

Bolivia Niger
Economic freedom 42.4 51
Economic freedom ranking 184/197 156/197
Property rights 20.2 16.6
Government integrity 27.1 33.9
Judicial effectiveness 29.5 28
Tax burden 86.4 78.2
Government spending 56.3 91.4
Fiscal health 0.8 47.6
Business freedom 53.6 32.4
Labor freedom 52.2 54.7
Monetary freedom 67.1 67.9
Trade freedom 60.6 65.8
Investment freedom 15 55
Financial freedom 40 40

Economic freedom comparison by year

Bolivia
Niger
1x
Year Economic freedom index
Bolivia Niger
2026 42.4 51
2025 44.1 51.5
2024 43.5 52.3
2023 43.4 53.7
2022 43 54.9
2021 42.7 57.3
2020 42.8 54.7
2019 42.3 51.6
2018 44.1 49.5
2017 47.7 50.8
2016 47.4 54.3
2015 46.8 54.6
2014 48.4 55.1
2013 47.9 53.9
2012 50.2 54.3
2011 50 54.3
2010 49.4 52.9
2009 53.6 53.8
2008 53.1 52.9
2007 54.2 53.2
2006 57.8 52.5
2005 58.4 54.1
2004 64.5 54.6
2003 64.3 54.2
2002 65.1 48.2
2001 68 48.9
2000 65 45.9
1999 65.6 48.6
1998 68.8 47.5
1997 65.1 46.6
1996 65.2 45.8
1995 56.8 -

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

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 51 for Niger, ranking 156/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Niger
Services, % of GDP
53.4%
2024
45%
2024
Industry, % of GDP
31.3%
2024
17.6%
2024
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
34.5%
2024
GNI, Atlas method
$51.7B
2024
$18.3B
2024
GNI per capita, PPP
$12,620
2024
$2,030
2024
Total reserves including gold
$1.98B
2024
n/a
Total reserves ranking
127/177
2024
n/a
Net foreign direct investment
-$113M
2024
-$1.02B
2023
Net inflows of foreign direct investment
$387M
2024
$358M
2024
Net outflows of foreign direct investment
$133M
2024
$20.7M
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
1.94%
2024
Poverty at national poverty lines
36.5%
2023
41.2%
2021
Gross capital formation, % of GDP
17.9%
2024
22.1%
2024

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/niger | CC BY

Compare countries by 7 more topics

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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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2021, 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.