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Economy of Bolivia vs Pakistan compared: GDP & Debt

Updated on by Georank team

Bolivia has a GDP of $54.9B compared to $372B for Pakistan, ranking 88/197 and 43/197 by economy size, respectively.

Bolivia has $53.8B in government debt (98% of GDP), compared to $262B (70.4% of GDP) in Pakistan.

Bolivia vs Pakistan GDP by year

Bolivia
Pakistan
1x
Year GDP, current $
Bolivia Pakistan
2024 $54,881,327,453 $371,570,000,121
2023 $52,340,206,946 $336,686,348,609
2022 $50,959,081,954 $374,890,295,667
2021 $47,877,892,402 $348,516,647,445
2020 $42,313,784,081 $300,425,609,818
2019 $49,056,643,589 $320,909,472,771
2018 $48,414,038,842 $356,128,166,705
2017 $45,927,439,595 $339,205,534,861
2016 $33,941,126,194 $313,630,000,130
2015 $33,000,198,249 $299,963,590,535
2014 $32,996,188,017 $271,390,474,858
2013 $30,659,338,886 $258,657,231,672
2012 $27,084,497,482 $250,106,966,105
2011 $23,963,164,697 $230,586,581,060
2010 $19,649,723,722 $196,709,621,850
2009 $17,339,992,194 $187,337,783,856
2008 $16,674,276,286 $202,203,748,584
2007 $13,120,108,008 $184,140,869,997
2006 $11,451,844,902 $161,871,385,506
2005 $9,549,122,905 $145,208,562,961
2004 $8,773,451,752 $132,216,048,339
2003 $8,082,399,640 $112,371,913,741
2002 $7,905,485,146 $97,923,302,809
2001 $8,141,516,928 $97,145,618,480
2000 $8,397,855,485 $99,484,802,345
1999 $8,285,064,435 $62,973,857,069
1998 $8,497,494,652 $62,191,955,814
1997 $7,925,736,821 $62,433,340,468
1996 $7,396,949,126 $63,320,170,084
1995 $6,715,161,732 $60,636,071,684
1994 $5,981,222,859 $52,293,470,813
1993 $5,734,699,489 $51,809,999,353
1992 $5,643,868,749 $48,884,671,947
1991 $5,343,262,457 $45,625,336,680
1990 $4,867,582,598 $40,010,423,970
1989 $4,715,973,437 $40,171,106,279
1988 $4,597,612,362 $38,472,742,808
1987 $4,347,956,338 $33,351,529,275
1986 $3,959,382,833 $31,899,070,056
1985 $5,377,276,555 $31,144,920,844
1984 $6,169,483,225 $31,151,825,467
1983 $5,422,656,823 $28,691,889,764
1982 $5,594,126,369 $30,725,971,564
1981 $5,891,598,695 $28,100,606,061
1980 $4,537,479,608 $23,654,444,444
1979 $4,421,336,383 $19,688,383,838
1978 $3,758,220,890 $17,811,515,152
1977 $3,227,436,282 $15,126,060,606
1976 $2,731,984,008 $13,168,080,808
1975 $2,404,697,651 $11,230,606,061
1974 $2,100,249,875 $8,899,191,919
1973 $1,262,968,516 $6,383,429,490
1972 $1,257,615,645 $9,415,016,360
1971 $1,095,622,896 $10,665,896,682
1970 $1,017,003,367 $10,027,509,450
1969 $929,629,630 $8,683,116,338
1968 $857,912,458 $8,041,999,160
1967 $755,808,081 $7,464,510,710
1966 $669,191,919 $6,561,108,778
1965 $604,377,104 $5,929,231,415
1964 $544,023,569 $5,204,955,901
1963 $482,828,283 $4,630,827,383
1962 $448,400,673 $4,310,163,797
1961 $410,101,010 $4,118,647,627
1960 $377,020,202 $3,749,265,015

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

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

GDP per capita in Bolivia vs Pakistan by year

Bolivia
GDP per capita

GDP per capita, PPP
Pakistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Pakistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,421 $12,878 $1,479 $6,252
2023 $4,275 $12,892 $1,360 $6,014
2022 $4,219 $12,307 $1,538 $5,920
2021 $4,011 $11,202 $1,455 $5,367
2020 $3,581 $9,581 $1,278 $5,048
2019 $4,203 $11,005 $1,390 $5,038
2018 $4,207 $10,758 $1,569 $4,979
2017 $4,048 $10,420 $1,519 $4,790
2016 $3,036 $9,242 $1,425 $4,631
2015 $2,996 $8,757 $1,380 $4,480
2014 $3,041 $8,629 $1,267 $4,313
2013 $2,870 $8,069 $1,225 $4,174
2012 $2,576 $7,184 $1,204 $4,047
2011 $2,316 $6,598 $1,132 $3,880
2010 $1,930 $6,245 $987 $3,786
2009 $1,731 $6,024 $964 $3,777
2008 $1,693 $5,890 $1,067 $3,721
2007 $1,355 $5,537 $998 $3,672
2006 $1,203 $5,244 $901 $3,515
2005 $1,020 $4,938 $828 $3,293
2004 $953 $4,663 $772 $3,048
2003 $893 $4,433 $672 $2,822
2002 $888 $4,304 $600 $2,688
2001 $930 $4,205 $610 $2,644
2000 $976 $4,113 $642 $2,565
1999 $979 $3,991 $418 $2,475
1998 $1,022 $3,988 $424 $2,419
1997 $970 $3,822 $438 $2,398
1996 $922 $3,645 $457 $2,401
1995 $853 $3,494 $451 $2,315
1994 $774 $3,331 $400 $2,224
1993 $757 $3,177 $408 $2,160
1992 $760 $3,036 $396 $2,132
1991 $734 $2,981 $380 $1,992
1990 $683 $2,797 $344 $1,895
1989 $675 - $358 -
1988 $673 - $354 -
1987 $650 - $317 -
1986 $604 - $314 -
1985 $838 - $317 -
1984 $982 - $327 -
1983 $882 - $311 -
1982 $930 - $345 -
1981 $1,001 - $328 -
1980 $788 - $287.4 -
1979 $785 - $249.2 -
1978 $683 - $233.4 -
1977 $600 - $204.7 -
1976 $520 - $183.9 -
1975 $468 - $161.7 -
1974 $418 - $132 -
1973 $257.2 - $97.5 -
1972 $261.9 - $148.1 -
1971 $233.4 - $172.5 -
1970 $221.6 - $166.7 -
1969 $207.1 - $148.5 -
1968 $195.5 - $141.6 -
1967 $176.1 - $135.2 -
1966 $159.3 - $122.2 -
1965 $147.1 - $113.6 -
1964 $135.2 - $102.5 -
1963 $122.6 - $93.7 -
1962 $116.2 - $89.5 -
1961 $108.5 - $87.8 -
1960 $101.8 - $82 -

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

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

Bolivia's GDP per capita is $4,421, ranking 125/197, compared to $1,479 in Pakistan, ranking 163/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Pakistan ranks 150th at $6,252.

Economic indicators

Bolivia Pakistan
Gross domestic product
$54.9B
2024
$372B
2024
GDP rank
88/197
2024
43/197
2024
GDP growth
-1.12%
2023-2024
3.05%
2023-2024
GDP per capita
$4,421
2024
$1,479
2024
GDP per capita rank
125/197
2024
163/197
2024
GDP per capita, PPP
$12,878
2024
$6,252
2024
GDP per capita PPP rank
122/197
2024
150/197
2024
Government debt
$53.8B
2024
$262B
2024
Debt-to-GDP ratio
98%
2024
70.4%
2024
Government debt per person
$4,331
2024
$1,041
2024
Government debt per person rank
88/185
2024
140/185
2024
Average annual personal income after taxes
$4,720
2026
$1,668
2026
Market capitalization of domestic companies n/a
$52.1B
2024
Income share by richest 10%
31.3%
2023
25.5%
2018
Income share by poorest 10%
1.8%
2023
4.2%
2018
Government expenditure, % of GDP
39.8%
2024
19.5%
2024
Consumer prices inflation
5.1%
2023-2024
12.6%
2023-2024
Central bank interest rate
3.26%
2025
10.5%
2025
Unemployment rate
2.73%
2024
6.96%
2025
Population
12798112
260356147

Spending and national debt comparison by year

Bolivia
Spending

Debt
Pakistan
Spending

Debt
1x
Year % of GDP
Bolivia Pakistan
Government spending Government debt Government spending Government debt
2024 39.8% 98% 19.5% 70.4%
2023 38.7% 90.8% 19.3% 78.5%
2022 36% 80.1% 20% 77.3%
2021 34.8% 81.4% 18.5% 74.7%
2020 36.8% 78% 20.3% 80.8%
2019 36.1% 58.6% 19.1% 78.7%
2018 37.7% 53.1% 19.1% 66.3%
2017 38.6% 51.3% 19.1% 62.1%
2016 40% 46.5% 17.7% 62.1%
2015 44.5% 40.9% 17.8% 59.1%
2014 41.2% 37.6% 18.1% 58.8%
2013 35.4% 36.1% 19.5% 59.2%
2012 36% 35.4% 19.4% 58.4%
2011 35.4% 35.3% 17.9% 56.2%
2010 31.5% 37.6% 18.3% 56.7%
2009 33.2% 39.2% 17.3% 54.6%
2008 35.3% 36.8% 18% 49.5%
2007 32.7% 40% 16.1% 44.2%
2006 29.8% 54.4% 14.5% 46.2%
2005 33.2% 82.2% 13% 47.9%
2004 32.3% 89.8% 12.1% 50.6%
2003 32% 95.6% 12.9% 56.3%
2002 33.3% 86.7% 14.4% 60.5%
2001 32% 83% 12.9% 65.1%
2000 29.3% 74.3% 13.8% 61.7%
1999 29.4% 61.7% 13.2% 60.7%
1998 30% 61.2% 14.1% 53.8%
1997 28.3% 64.6% 13.7% 52.8%
1996 26% 72.4% 15% 52.5%
1995 25.8% 81.7% 14% 52.3%
1994 26.8% 87.6% 14.5% 58.5%
1993 27.2% 83.8% 17% 57.9%
1992 25.3% 92.4% 22.6% 53.3%
1991 24.2% 92.8% 21.4% 55.8%
1990 22.8% 102.9% 23.9% 48.3%
1989 24.4% 98% 26.1% 46.6%
1988 24% 115.9% 27.9% 45%
1987 24.4% 145.3% 29.5% 44.4%
1986 22.2% 149% 27.6% 43.1%
1985 21.8% 205.2% 28.3% 37%
1984 29% 166.5% 25.4% 33.4%
1983 32.1% 157.3% 24.8% 33.6%
1982 25% 155.4% 24.5% 33.8%
1981 16.6% 121.7% 21.6% 29.7%
1980 19.8% 100% 22% 33.3%
1979 18% 92% 25.3% 36.8%
1978 17.3% 82.5% 25.5% 36.1%
1977 18.6% 82.4% 20.4% 36.4%
1976 16.8% 68.9% 21% 35.8%
1975 14.4% 56.2% 20.4% 32.1%
1974 14.2% 52.7% 15.3% 38%
1973 14.1% 80.9% 13.9% 43.4%
1972 11.8% 77.7% 13.5% 88.7%
1971 11.3% 65.7% 22.1% 33.2%
1970 10% 63.9% 23.6% 31.6%
1969 12.3% - 15.6% 29.1%
1968 14.1% - 13.7% 27.5%
1967 13.1% - 12.9% 25.9%
1966 12.9% - 12.2% 25.1%
1965 12.9% - 11.2% 22.7%
1964 10.8% - 12.1% 21.3%
1963 10.8% - 14.7% 19.2%
1962 10.2% - 11.8% 16.6%
1961 10.7% - 10.6% 19.6%
1960 10.1% - 10% 19.5%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Bolivia's government spending was $21.9B, accounting for 39.8% of its GDP, while Pakistan spent $72.4B, or 19.5% of GDP.

Debt-to-GDP ratio is 98% in Bolivia and 70.4% in Pakistan, ranking 26/185 and 56/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Pakistan
1x
Year Deficit/surplus, % of GDP
Bolivia Pakistan
2024 -10.6% -6.81%
2023 -10.9% -7.76%
2022 -7.12% -7.84%
2021 -9.33% -6.04%
2020 -12.7% -7.03%
2019 -7.25% -7.79%
2018 -8.17% -5.67%
2017 -7.86% -5.17%
2016 -7.24% -3.92%
2015 -6.93% -4.74%
2014 -3.41% -4.37%
2013 0.6% -7.48%
2012 1.72% -7.74%
2011 0.83% -6.23%
2010 1.62% -5.42%
2009 2.63% -4.53%
2008 3.53% -5.94%
2007 -1.54% -4.23%
2006 4.47% -2.79%
2005 -2.24% -2.29%
2004 -5.54% -1.29%
2003 -7.88% -0.12%
2002 -8.79% -2.64%
2001 -6.82% -2.45%
2000 -3.73% -3.21%
1999 -3.84% -3.07%
1998 -5.1% -4.46%
1997 -3.28% -3.87%
1996 -1.9% -4.33%
1995 -1.82% -3.9%
1994 -3% -3.63%
1993 -6.1% -5.53%
1992 -4.4% -11.3%
1991 -4.2% -10.8%
1990 -4.4% -11.9%
1989 -5.5% -7.01%
1988 -6.5% -9.35%
1987 -7.7% -11.7%
1986 -2.7% -9.79%
1985 -9.8% -10.6%
1984 -25.4% -8.9%
1983 -19.8% -7.55%
1982 -15.9% -8.24%
1981 -12.3% -5.83%
1980 -15.3% -5.32%
1979 -11.2% -11.6%
1978 -9.97% -12.4%
1977 -11.2% -8.74%
1976 -1.15% -9.05%
1975 -2.33% -8.97%
1974 -1.87% -4.45%
1973 -3.72% -3.99%
1972 -3.69% -3.16%
1971 -3.67% -7.45%
1970 -1.92% -10.8%
1969 -4.16% -7.08%
1968 -5.67% -5.56%
1967 -4.29% -4.27%
1966 -3.55% -4.48%
1965 -4.12% -3.28%
1964 -2.68% -4.89%
1963 -3.02% -6.55%
1962 -2.8% -3.39%
1961 -2.81% -4.6%
1960 -3.35% -3.83%
1959 -4.32% -3.71%
1958 -2.95% -4.2%
1957 -1.11% -2.21%
1956 -0.11% -2.36%
1955 0.33% -2%
1954 0.006% -3.18%
1953 -0.48% -2.66%
1952 -0.94% -0.73%
1951 -0.42% 0.63%
1950 -1.17% -1.24%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1950–1992, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/bolivia/pakistan | 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 Pakistan's deficit of $25.3B, or 6.81% of GDP.

Over the past 65 years, Bolivia recorded a fiscal deficit in 58 of those years, while Pakistan ran a deficit in 65 years. On average, Bolivia posted an annual deficit equal to 5.52% of GDP, compared to deficit of 6.14% of GDP for Pakistan.

Inflation comparison by year

Inflation
Bolivia

Pakistan
1x
Year Consumer prices inflation
Bolivia Pakistan
2024 5.1% 12.6%
2023 2.58% 30.8%
2022 1.75% 19.9%
2021 0.74% 9.5%
2020 0.94% 9.74%
2019 1.84% 10.6%
2018 2.27% 5.08%
2017 2.82% 4.09%
2016 3.62% 3.77%
2015 4.06% 2.53%
2014 5.77% 7.19%
2013 5.74% 7.69%
2012 4.52% 9.68%
2011 9.88% 11.9%
2010 2.5% 12.9%
2009 3.35% 13.6%
2008 14% 20.3%
2007 8.71% 7.6%
2006 4.28% 7.92%
2005 5.39% 9.06%
2004 4.44% 7.44%
2003 3.34% 2.91%
2002 0.93% 3.29%
2001 1.59% 3.15%
2000 4.61% 4.37%
1999 2.16% 4.14%
1998 7.67% 6.23%
1997 4.71% 11.4%

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

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

Over the past 28 years, Bolivia has recorded an average annual inflation rate of 4.26%, compared with 9.26% in Pakistan. In 2024, inflation was 5.1% in Bolivia and 12.6% in Pakistan.

Top exports between countries

Bolivia
Export category Export value
Processed food, beverages & tobacco $325K
Textiles & consumer goods $44K
Raw materials & minerals $27K
Animal & marine products $4K
Miscellaneous $3K
Machinery & equipment $2K
Pakistan
Export category Export value
Machinery & equipment $433K
Textiles & consumer goods $204K
Raw materials & minerals $6K
Chemicals & pharma $2K
Wood & paper products $1K

Balance of trade

Bolivia Pakistan
Current account balance
-$1.41B
2024
$496M
2024
Current account balance ranking
132/190
2024
63/190
2024
Current account balance, % of GDP
-2.56%
2024
+0.13%
2024
Goods imports
$9.15B
2024
$55.6B
2024
Goods exports
$8.93B
2024
$32.1B
2024
Service imports
$2.35B
2024
$11.2B
2024
Service exports
$1.14B
2024
$8.1B
2024
Imports of goods and services, % of GDP
25.5%
2024
17.2%
2024
Exports of goods and services, % of GDP
21.4%
2024
10.4%
2024

Economic freedom indices

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

Bolivia Pakistan
Economic freedom 42.4 48.9
Economic freedom ranking 184/197 168/197
Property rights 20.2 25.7
Government integrity 27.1 26.3
Judicial effectiveness 29.5 27.6
Tax burden 86.4 78.2
Government spending 56.3 88.5
Fiscal health 0.8 10.1
Business freedom 53.6 54.4
Labor freedom 52.2 51.7
Monetary freedom 67.1 54.1
Trade freedom 60.6 70.4
Investment freedom 15 60
Financial freedom 40 40

Economic freedom comparison by year

Bolivia
Pakistan
1x
Year Economic freedom index
Bolivia Pakistan
2026 42.4 48.9
2025 44.1 49.1
2024 43.5 49.5
2023 43.4 49.4
2022 43 48.8
2021 42.7 51.7
2020 42.8 54.8
2019 42.3 55
2018 44.1 54.4
2017 47.7 52.8
2016 47.4 55.9
2015 46.8 55.6
2014 48.4 55.2
2013 47.9 55.1
2012 50.2 54.7
2011 50 55.1
2010 49.4 55.2
2009 53.6 57
2008 53.1 55.6
2007 54.2 57.2
2006 57.8 57.9
2005 58.4 53.3
2004 64.5 54.9
2003 64.3 55
2002 65.1 55.8
2001 68 56
2000 65 56.4
1999 65.6 53
1998 68.8 53.2
1997 65.1 56
1996 65.2 58.4
1995 56.8 57.6

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

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 48.9 for Pakistan, ranking 168/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Pakistan
Services, % of GDP
53.4%
2024
50.7%
2024
Industry, % of GDP
31.3%
2024
20.2%
2024
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
23.7%
2024
GNI, Atlas method
$51.7B
2024
$358B
2024
GNI per capita, PPP
$12,620
2024
$6,100
2024
Total reserves including gold
$1.98B
2024
$18.4B
2024
Total reserves ranking
127/177
2024
63/177
2024
Net foreign direct investment
-$113M
2024
-$2.58B
2024
Net inflows of foreign direct investment
$387M
2024
$2.66B
2024
Net outflows of foreign direct investment
$133M
2024
$84M
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
4.5%
2024
Poverty at national poverty lines
36.5%
2023
21.9%
2018
Gross capital formation, % of GDP
17.9%
2024
13.2%
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/pakistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, 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 (2021–2024, 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.