Bolivia vs Nigeria: Economic Indicators Comparison

Nigeria with a GDP of $397.3B ranked the 32nd largest economy in the world, while Bolivia ranked 96th with $40.3B. By GDP 5-years average growth and GDP per capita, Nigeria and Bolivia ranked 132nd vs 43rd and 149th vs 126th, respectively.

Gross Domestic Product & Income

StatBoliviaNigeria
GDP$40.3B$397.3B
GDP growth, 1 year4.3%1.9%
GDP growth, 5-years average4.6%2%
Population11.1M190.9M
GDP per capita$3.5k$2k
GDP per capita growth2.75%-0.67%
Purchasing Power Parity conversion factor3.11110.03
Price level ratio of PPP conversion factor GDP to market exchange rate0.450.34
GDP per capita, PPP adjusted$7.5k$6k
GNI, Atlas method$38.2B$384.8B
GNI per capita$3.4k$2k
GNI, PPP adjusted$87.1B$1.1T
GNI per capita, PPP adjusted$7.7k$5.7k

Financial system and Human development

StatBoliviaNigeria
Income Tax Rate13%24%
Corporate Tax Rate25%30%
Inflation, consumer prices2.3%12.1%
Inflation, GDP deflator3.1%10.2%
Unemployment3.3%6%
Economic Freedom Index42.857.2
Personal Freedom Index7.466.01
Human Freedom Index6.756.1
Property Rights Index20.138.1
Judical Effectiveness Index11.232.2
Business Freedom Index58.354.7
Fiscal Health Index14.264.1
Labor Freedom Index52.984
Investment Freedom Index1545
Financial Freedom Index4040
Trade Freedom Index67.862.4
Monetary Freedom Index69.961.7
Government Spending Index54.296.2
Tax Burden Index86.385.1
Government Integrity Index23.122.3
Corruption Perceptions Index2927
Life expectancy at birth, years70.954
Suicide mortality rate, per 100,000 people12.29.5
Mortality caused by road traffic injury, per 100,000 people15.521.4
Intentional homicides, per 100,000 people6.39.9
International tourism, number of arrivals1.1M5.3M

Government debt & reserves

StatBoliviaNigeria
Central government debt, % of GDP53.9%28.4%
External debt stocks, % of GNI33.8%12.4%
External debt stocks$13.3B$47B
Short-term debt, % of total reserves7.9%0%
Total debt service, % of exports and primary income9.6%8.3%
Adjusted net savings including particulate emission damage, % of GNI0.8%1.4%
Gross savings, % of GDP16%19.3%
Gross capital formation, % of GDP20.6%19.8%
Total reserves including gold$8.9B$42.8B
Foreign direct investment net inflows$255.1M$2B

Exports, imports and economic structure

StatBoliviaNigeria
Exports of goods and services, % of GDP26%15.5%
Imports of goods and services, % of GDP31.1%17.5%
Current account balance (balance of payments)-$2B$5.3B
Revenue excluding grants, % of GDP23.3%N/A
Grants excluding technical cooperation, BoP$236.7M$2B
Personal remittances received$1.4B$24.3B
Industry including construction value added, % of GDP26.2%25.7%
Agriculture, forestry and fishing value added, % of GDP11.5%21.2%
Charges for the use of intellectual property, payments BoP$83.3M$252.8M
Charges for the use of intellectual property, receipts BoP$26.3M$7.8M
Expense, % of GDP21.8%N/A
Government Expenditure, % of GDP39.1%11.2%

Compare with countries close by GDP per capita

Bolivia vs

CountryGDP
per capita
Population
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M

Nigeria vs

CountryGDP
per capita
Population
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M