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Economy of Bolivia vs Qatar compared: GDP & Debt

Updated on by Georank team

Bolivia has a GDP of $54.9B compared to $219B for Qatar, ranking 88/197 and 56/197 by economy size, respectively.

Bolivia has $53.8B in government debt (98% of GDP), compared to $90.2B (41.2% of GDP) in Qatar.

Bolivia vs Qatar GDP by year

Bolivia
Qatar
1x
Year GDP, current $
Bolivia Qatar
2024 $54,881,327,453 $219,162,637,363
2023 $52,340,206,946 $217,308,516,484
2022 $50,959,081,954 $235,709,340,659
2021 $47,877,892,402 $179,732,142,857
2020 $42,313,784,081 $144,411,538,462
2019 $49,056,643,589 $176,371,428,571
2018 $48,414,038,842 $183,335,164,835
2017 $45,927,439,595 $161,099,175,824
2016 $33,941,126,194 $151,732,142,857
2015 $33,000,198,249 $161,739,835,165
2014 $32,996,188,017 $206,224,725,275
2013 $30,659,338,886 $198,727,747,253
2012 $27,084,497,482 $186,833,516,484
2011 $23,963,164,697 $167,775,274,725
2010 $19,649,723,722 $123,627,197,802
2009 $17,339,992,194 $97,798,351,648
2008 $16,674,276,286 $115,270,054,945
2007 $13,120,108,008 $79,712,087,912
2006 $11,451,844,902 $60,882,142,857
2005 $9,549,122,905 $44,530,494,505
2004 $8,773,451,752 $31,734,065,934
2003 $8,082,399,640 $23,533,791,209
2002 $7,905,485,146 $19,363,736,264
2001 $8,141,516,928 $17,538,461,538
2000 $8,397,855,485 $17,759,890,110
1999 $8,285,064,435 $12,393,131,868
1998 $8,497,494,652 $10,255,495,027
1997 $7,925,736,821 $11,297,802,115
1996 $7,396,949,126 $9,059,340,385
1995 $6,715,161,732 $8,137,911,978
1994 $5,981,222,859 $7,374,450,769
1993 $5,734,699,489 $7,156,593,654
1992 $5,643,868,749 $7,646,153,984
1991 $5,343,262,457 $6,883,516,484
1990 $4,867,582,598 $7,360,439,423
1989 $4,715,973,437 $6,487,912,088
1988 $4,597,612,362 $6,038,187,033
1987 $4,347,956,338 $5,446,428,681
1986 $3,959,382,833 $5,053,021,951
1985 $5,377,276,555 $6,153,296,456
1984 $6,169,483,225 $6,704,395,824
1983 $5,422,656,823 $6,467,582,308
1982 $5,594,126,369 $7,596,703,214
1981 $5,891,598,695 $8,661,263,764
1980 $4,537,479,608 $7,829,165,262
1979 $4,421,336,383 $5,632,962,997
1978 $3,758,220,890 $4,052,000,413
1977 $3,227,436,282 $3,617,564,638
1976 $2,731,984,008 $3,284,273,987
1975 $2,404,697,651 $2,512,773,166
1974 $2,100,249,875 $2,401,403,227
1973 $1,262,968,516 $793,885,560
1972 $1,257,615,645 $510,262,500
1971 $1,095,622,896 $387,703,106
1970 $1,017,003,367 $301,791,302
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/qatar | CC BY

GDP per capita in Bolivia vs Qatar by year

Bolivia
GDP per capita

GDP per capita, PPP
Qatar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Qatar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,421 $12,878 $76,689 $126,046
2023 $4,275 $12,892 $81,817 $129,368
2022 $4,219 $12,307 $88,701 $122,921
2021 $4,011 $11,202 $71,752 $116,833
2020 $3,581 $9,581 $51,684 $82,149
2019 $4,203 $11,005 $66,841 $107,503
2018 $4,207 $10,758 $71,040 $110,033
2017 $4,048 $10,420 $63,280 $99,358
2016 $3,036 $9,242 $61,254 $89,935
2015 $2,996 $8,757 $68,985 $102,546
2014 $3,041 $8,629 $95,841 $148,389
2013 $2,870 $8,069 $103,697 $169,203
2012 $2,576 $7,184 $108,470 $180,939
2011 $2,316 $6,598 $103,262 $174,620
2010 $1,930 $6,245 $76,463 $151,646
2009 $1,731 $6,024 $60,786 $125,898
2008 $1,693 $5,890 $80,781 $126,015
2007 $1,355 $5,537 $65,954 $124,056
2006 $1,203 $5,244 $62,582 $127,181
2005 $1,020 $4,938 $53,950 $115,250
2004 $953 $4,663 $41,036 $110,958
2003 $893 $4,433 $31,602 $94,120
2002 $888 $4,304 $27,227 $93,177
2001 $930 $4,205 $25,871 $89,805
2000 $976 $4,113 $27,535 $88,849
1999 $979 $3,991 $20,234 $84,690
1998 $1,022 $3,988 $17,665 $84,486
1997 $970 $3,822 $20,523 $79,219
1996 $922 $3,645 $17,125 $62,331
1995 $853 $3,494 $15,823 $60,321
1994 $774 $3,331 $14,765 $59,415
1993 $757 $3,177 $14,770 $59,125
1992 $760 $3,036 $16,280 $60,387
1991 $734 $2,981 $15,133 $54,759
1990 $683 $2,797 $16,722 $55,659
1989 $675 - $15,243 -
1988 $673 - $14,682 -
1987 $650 - $13,719 -
1986 $604 - $13,213 -
1985 $838 - $16,815 -
1984 $982 - $19,272 -
1983 $882 - $19,616 -
1982 $930 - $24,385 -
1981 $1,001 - $29,505 -
1980 $788 - $28,375 -
1979 $785 - $21,777 -
1978 $683 - $16,757 -
1977 $600 - $16,058 -
1976 $520 - $15,710 -
1975 $468 - $13,014 -
1974 $418 - $13,540 -
1973 $257.2 - $4,905 -
1972 $261.9 - $3,483 -
1971 $233.4 - $2,952 -
1970 $221.6 - $2,594 -
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/qatar | CC BY

Bolivia's GDP per capita is $4,421, ranking 125/197, compared to $76,689 in Qatar, ranking 11/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Qatar ranks 5th at $126,046.

Economic indicators

Bolivia Qatar
Gross domestic product
$54.9B
2024
$219B
2024
GDP rank
88/197
2024
56/197
2024
GDP growth
-1.12%
2023-2024
2.36%
2023-2024
GDP per capita
$4,421
2024
$76,689
2024
GDP per capita rank
125/197
2024
11/197
2024
GDP per capita, PPP
$12,878
2024
$126,046
2024
GDP per capita PPP rank
122/197
2024
5/197
2024
Government debt
$53.8B
2024
$90.2B
2024
Debt-to-GDP ratio
98%
2024
41.2%
2024
Government debt per person
$4,331
2024
$31,579
2024
Government debt per person rank
88/185
2024
23/185
2024
Average annual personal income after taxes
$4,720
2026
$35,660
2026
Market capitalization of domestic companies n/a
$170M
2024
Number of millionaires n/a
26,163
2025
Number of billionaires n/a
2
2025
Income share by richest 10%
31.3%
2023
25.8%
2017
Income share by poorest 10%
1.8%
2023
2.6%
2017
Government expenditure, % of GDP
39.8%
2024
26%
2024
Consumer prices inflation
5.1%
2023-2024
1.27%
2023-2024
Central bank interest rate
3.26%
2025
4.1%
2025
Unemployment rate
2.73%
2024
0.13%
2022
Population
12798112
2999260

Spending and national debt comparison by year

Bolivia
Spending

Debt
Qatar
Spending

Debt
1x
Year % of GDP
Bolivia Qatar
Government spending Government debt Government spending Government debt
2024 39.8% 98% 26% 41.2%
2023 38.7% 90.8% 27.3% 43.7%
2022 36% 80.1% 24.3% 42.6%
2021 34.8% 81.4% 29.4% 58.4%
2020 36.8% 78% 34.7% 72.6%
2019 36.1% 58.6% 32.5% 62.1%
2018 37.7% 53.1% 28.9% 52.2%
2017 38.6% 51.3% 34.7% 51.6%
2016 40% 46.5% 40.1% 46.7%
2015 44.5% 40.9% 38.6% 35.5%
2014 41.2% 37.6% 32.3% 24.9%
2013 35.4% 36.1% 28.3% 30.9%
2012 36% 35.4% 31% 32.1%
2011 35.4% 35.3% 28.5% 33.5%
2010 31.5% 37.6% 32% 30.4%
2009 33.2% 39.2% 36.4% 36%
2008 35.3% 36.8% 23.5% 11.4%
2007 32.7% 40% 29.5% 9.37%
2006 29.8% 54.4% 29.5% 13.9%
2005 33.2% 82.2% 29% 19.1%
2004 32.3% 89.8% 29.9% 30.1%
2003 32% 95.6% 28.5% 38.8%
2002 33.3% 86.7% 31.6% 47.7%
2001 32% 83% 32.1% 59.2%
2000 29.3% 74.3% 29.8% 51.6%
1999 29.4% 61.7% 42.4% 81.8%
1998 30% 61.2% 55.1% 76.6%
1997 28.3% 64.6% 47.6% 54.4%
1996 26% 72.4% 55.2% 57.8%
1995 25.8% 81.7% 52.2% 50.2%
1994 26.8% 87.6% 59.8% 54.8%
1993 27.2% 83.8% 62.8% 46.3%
1992 25.3% 92.4% 54.2% 19.9%
1991 24.2% 92.8% 57.5% 21.8%
1990 22.8% 102.9% 50% 12.6%
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/qatar | CC BY

In 2024, Bolivia's government spending was $21.9B, accounting for 39.8% of its GDP, while Qatar spent $56.9B, or 26% of GDP.

Debt-to-GDP ratio is 98% in Bolivia and 41.2% in Qatar, ranking 26/185 and 130/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Qatar
1x
Year Deficit/surplus, % of GDP
Bolivia Qatar
2024 -10.6% 0.69%
2023 -10.9% 5.56%
2022 -7.12% 10.4%
2021 -9.33% 0.24%
2020 -12.7% -2.13%
2019 -7.25% 1%
2018 -8.17% 2.26%
2017 -7.86% -6.82%
2016 -7.24% -9.2%
2015 -6.93% 18.4%
2014 -3.41% 13.4%
2013 0.6% 19.3%
2012 1.72% 8.55%
2011 0.83% 5.24%
2010 1.62% 4.6%
2009 2.63% 14.1%
2008 3.53% 9.49%
2007 -1.54% 10.3%
2006 4.47% 8.39%
2005 -2.24% 9.8%
2004 -5.54% 17.7%
2003 -7.88% 6.71%
2002 -8.79% 7.89%
2001 -6.82% 4.48%
2000 -3.73% 4.62%
1999 -3.84% -4.35%
1998 -5.1% -7%
1997 -3.28% -9.4%
1996 -1.9% -8.73%
1995 -1.82% -5.78%
1994 -3% -11.8%
1993 -6.1% -9.53%
1992 -4.4% -2.74%
1991 -4.2% -2.57%
1990 -4.4% 3.23%
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/qatar | 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 Qatar's surplus of $1.52B, or 0.69% of GDP.

Over the past 35 years, Bolivia recorded a fiscal deficit in 28 of those years, while Qatar ran a deficit in 12 years. On average, Bolivia posted an annual deficit equal to 4.31% of GDP, compared to surplus of 3.04% of GDP for Qatar.

Inflation comparison by year

Inflation
Bolivia

Qatar
1x
Year Consumer prices inflation
Bolivia Qatar
2024 5.1% 1.27%
2023 2.58% 3.03%
2022 1.75% 5%
2021 0.74% 2.3%
2020 0.94% -2.54%
2019 1.84% -0.67%
2018 2.27% 0.26%
2017 2.82% 0.39%
2016 3.62% 2.68%
2015 4.06% 1.81%
2014 5.77% 3.35%
2013 5.74% 3.22%
2012 4.52% 2.32%
2011 9.88% 1.14%
2010 2.5% -2.43%
2009 3.35% -4.86%
2008 14% 15.1%
2007 8.71% 13.8%
2006 4.28% 11.8%
2005 5.39% 8.81%
2004 4.44% 6.8%
2003 3.34% 2.26%
2002 0.93% 0.24%
2001 1.59% 1.47%
2000 4.61% 1.65%
1999 2.16% 2.18%
1998 7.67% 2.95%
1997 4.71% 4.83%

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

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

Over the past 28 years, Bolivia has recorded an average annual inflation rate of 4.26%, compared with 3.15% in Qatar. In 2024, inflation was 5.1% in Bolivia and 1.27% in Qatar.

Top exports between countries

Bolivia
Export category Export value
Raw agricultural goods $304K
Textiles & consumer goods $71K
Raw materials & minerals $13K
Machinery & equipment $5K
Miscellaneous $1K
Qatar
Export category Export value
Machinery & equipment $570K
Chemicals & pharma $146K

Balance of trade

Bolivia Qatar
Current account balance
-$1.41B
2024
$37.9B
2024
Current account balance ranking
132/190
2024
16/190
2024
Current account balance, % of GDP
-2.56%
2024
+17.3%
2024
Goods imports
$9.15B
2024
$32.6B
2024
Goods exports
$8.93B
2024
$95B
2024
Service imports
$2.35B
2024
$37.1B
2024
Service exports
$1.14B
2024
$30.2B
2024
Imports of goods and services, % of GDP
25.5%
2024
31.6%
2022
Exports of goods and services, % of GDP
21.4%
2024
68.6%
2022

Economic freedom indices

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

Bolivia Qatar
Economic freedom 42.4 70.2
Economic freedom ranking 184/197 37/197
Property rights 20.2 66.2
Government integrity 27.1 53.5
Judicial effectiveness 29.5 41.5
Tax burden 86.4 99.9
Government spending 56.3 79.9
Fiscal health 0.8 96.6
Business freedom 53.6 68
Labor freedom 52.2 58.5
Monetary freedom 67.1 76
Trade freedom 60.6 81.8
Investment freedom 15 60
Financial freedom 40 60

Economic freedom comparison by year

Bolivia
Qatar
1x
Year Economic freedom index
Bolivia Qatar
2026 42.4 70.2
2025 44.1 70.2
2024 43.5 68.8
2023 43.4 68.6
2022 43 67.7
2021 42.7 72
2020 42.8 72.3
2019 42.3 72.6
2018 44.1 72.6
2017 47.7 73.1
2016 47.4 70.7
2015 46.8 70.8
2014 48.4 71.2
2013 47.9 71.3
2012 50.2 71.3
2011 50 70.5
2010 49.4 69
2009 53.6 65.8
2008 53.1 62.2
2007 54.2 62.9
2006 57.8 62.4
2005 58.4 63.5
2004 64.5 66.5
2003 64.3 65.9
2002 65.1 61.9
2001 68 60
2000 65 62
1999 65.6 62
1998 68.8 -
1997 65.1 -
1996 65.2 -
1995 56.8 -

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

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 70.2 for Qatar, ranking 37/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Qatar
Services, % of GDP
53.4%
2024
46.1%
2024
Industry, % of GDP
31.3%
2024
58.2%
2024
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
0.29%
2024
GNI, Atlas method
$51.7B
2024
$221B
2024
GNI per capita, PPP
$12,620
2024
$121,900
2024
Total reserves including gold
$1.98B
2024
$54B
2024
Total reserves ranking
127/177
2024
40/177
2024
Net foreign direct investment
-$113M
2024
$1.1B
2024
Net inflows of foreign direct investment
$387M
2024
$460M
2024
Net outflows of foreign direct investment
$133M
2024
$1.56B
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
30.6%
2022

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/qatar | 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. 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.