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Economy of Bolivia vs Romania compared: GDP & Debt

Updated on by Georank

Bolivia has a GDP of $64.8B compared to $429B for Romania, ranking 88/197 and 39/197 by economy size, respectively.

Bolivia has $54.9B in government debt (84.8% of GDP), compared to $260B (60.6% of GDP) in Romania.

Bolivia vs Romania GDP by year

Bolivia
Romania
1x
Year GDP, current $
Bolivia Romania
2025 $64,768,947,525 $428,677,977,855
2024 $54,881,327,453 $382,564,217,989
2023 $52,340,206,946 $347,757,995,759
2022 $50,959,081,954 $295,317,862,856
2021 $47,877,892,402 $285,072,444,957
2020 $42,313,784,081 $250,624,575,872
2019 $49,056,643,589 $250,080,428,512
2018 $48,414,038,842 $241,791,427,224
2017 $45,927,439,595 $210,147,385,855
2016 $33,941,126,194 $185,290,759,249
2015 $33,000,198,249 $177,885,131,240
2014 $32,996,188,017 $199,722,319,676
2013 $30,659,338,886 $189,798,603,751
2012 $27,084,497,482 $179,117,323,107
2011 $23,963,164,697 $192,623,977,894
2010 $19,649,723,722 $170,064,350,672
2009 $17,339,992,194 $174,110,532,659
2008 $16,674,276,286 $214,315,932,061
2007 $13,120,108,008 $174,588,782,939
2006 $11,451,844,902 $122,023,735,993
2005 $9,549,122,905 $98,454,380,120
2004 $8,773,451,752 $74,973,656,852
2003 $8,082,399,640 $57,806,384,143
2002 $7,905,485,146 $46,065,502,703
2001 $8,141,516,928 $40,395,116,581
2000 $8,397,855,485 $37,253,739,511
1999 $8,285,064,435 $35,953,156,754
1998 $8,497,494,652 $41,696,091,974
1997 $7,925,736,821 $35,575,214,078
1996 $7,396,949,126 $36,937,074,278
1995 $6,715,161,732 $37,430,162,103
1994 $5,981,222,859 $30,072,805,104
1993 $5,734,699,489 $26,361,160,450
1992 $5,643,868,749 $25,121,666,667
1991 $5,343,262,457 $28,850,634,900
1990 $4,867,582,598 $38,247,882,300
1989 $4,715,973,437 $41,450,777,202
1988 $4,597,612,362 $40,424,528,302
1987 $4,347,956,338 $38,067,567,568
1986 $3,959,382,833 -
1985 $5,377,276,555 -
1984 $6,169,483,225 -
1983 $5,422,656,823 -
1982 $5,594,126,369 -
1981 $5,891,598,695 -
1980 $4,537,479,608 -
1979 $4,421,336,383 -
1978 $3,758,220,890 -
1977 $3,227,436,282 -
1976 $2,731,984,008 -
1975 $2,404,697,651 -
1974 $2,100,249,875 -
1973 $1,262,968,516 -
1972 $1,257,615,645 -
1971 $1,095,622,896 -
1970 $1,017,003,367 -
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Bolivia vs Romania by year

Bolivia
GDP per capita

GDP per capita, PPP
Romania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Romania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,148 - $22,538 -
2024 $4,421 $12,878 $20,080 $49,077
2023 $4,275 $12,892 $18,244 $45,982
2022 $4,219 $12,307 $15,503 $41,979
2021 $4,011 $11,202 $14,908 $37,534
2020 $3,581 $9,581 $13,009 $34,194
2019 $4,203 $11,005 $12,910 $33,425
2018 $4,207 $10,758 $12,416 $29,383
2017 $4,048 $10,420 $10,728 $26,943
2016 $3,036 $9,242 $9,405 $23,905
2015 $2,996 $8,757 $8,977 $21,625
2014 $3,041 $8,629 $10,032 $20,633
2013 $2,870 $8,069 $9,498 $19,678
2012 $2,576 $7,184 $8,930 $19,808
2011 $2,316 $6,598 $9,561 $18,804
2010 $1,930 $6,245 $8,400 $17,355
2009 $1,731 $6,024 $8,548 $16,641
2008 $1,693 $5,890 $10,435 $16,782
2007 $1,355 $5,537 $8,360 $13,703
2006 $1,203 $5,244 $5,758 $11,554
2005 $1,020 $4,938 $4,618 $9,602
2004 $953 $4,663 $3,495 $8,989
2003 $893 $4,433 $2,679 $7,559
2002 $888 $4,304 $2,120 $7,162
2001 $930 $4,205 $1,825 $6,520
2000 $976 $4,113 $1,660 $5,850
1999 $979 $3,991 $1,600 $5,596
1998 $1,022 $3,988 $1,853 $5,545
1997 $970 $3,822 $1,577 $5,564
1996 $922 $3,645 $1,633 $5,746
1995 $853 $3,494 $1,650 $5,429
1994 $774 $3,331 $1,323 $4,995
1993 $757 $3,177 $1,158 $4,699
1992 $760 $3,036 $1,102 $4,515
1991 $734 $2,981 $1,254 $4,795
1990 $683 $2,797 $1,648 $5,280
1989 $675 - $1,790 -
1988 $673 - $1,753 -
1987 $650 - $1,659 -
1986 $604 - - -
1985 $838 - - -
1984 $982 - - -
1983 $882 - - -
1982 $930 - - -
1981 $1,001 - - -
1980 $788 - - -
1979 $785 - - -
1978 $683 - - -
1977 $600 - - -
1976 $520 - - -
1975 $468 - - -
1974 $418 - - -
1973 $257.2 - - -
1972 $261.9 - - -
1971 $233.4 - - -
1970 $221.6 - - -
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 (1960–2025, retrieved 2026-07-08).

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

Bolivia's GDP per capita is $5,148, ranking 121/197, compared to $22,538 in Romania, ranking 57/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Romania ranks 47th at $49,077.

Economic indicators

Bolivia Romania
Gross domestic product
$64.8B
2025
$429B
2025
GDP rank
88/197
2025
39/197
2025
GDP growth
-1.58%
2024-2025
0.68%
2024-2025
GDP per capita
$5,148
2025
$22,538
2025
GDP per capita rank
121/197
2025
57/197
2025
GDP per capita, PPP
$12,878
2024
$49,077
2024
GDP per capita PPP rank
122/197
2024
47/197
2024
Government debt
$54.9B
2025
$260B
2025
Debt-to-GDP ratio
84.8%
2025
60.6%
2025
Government debt per person
$4,364
2025
$13,650
2025
Government debt per person rank
93/185
2025
48/185
2025
Average annual personal income after taxes
$4,410
2026
$13,510
2026
Market capitalization of domestic companies n/a
$70.9B
2025
Number of billionaires n/a
6
2026
Income share by richest 10%
30.6%
2024
21.8%
2023
Income share by poorest 10%
1.9%
2024
2.4%
2023
Government expenditure, % of GDP
32.2%
2025
40.5%
2025
Consumer prices inflation
19.5%
2024-2025
7.3%
2024-2025
Central bank interest rate
3.26%
2025
6.5%
2024
Unemployment rate
2.73%
2024
6.1%
2025
Population
12837312
18912567

Spending and national debt comparison by year

Bolivia
Spending

Debt
Romania
Spending

Debt
1x
Year % of GDP
Bolivia Romania
Government spending Government debt Government spending Government debt
2025 32.2% 84.8% 40.5% 60.6%
2024 33.5% 83.2% 40% 57.5%
2023 33.5% 78.3% 37% 52.6%
2022 31.2% 69.2% 37.5% 51.9%
2021 29.4% 68.7% 37.2% 51.8%
2020 31.9% 67.5% 38.3% 49.5%
2019 30.1% 48.9% 33.4% 36.8%
2018 31.4% 44.2% 31.9% 36.4%
2017 31.6% 41.9% 31% 37.1%
2016 32.9% 38.2% 31.8% 39.5%
2015 37% 34% 34.2% 39.4%
2014 34.9% 31.8% 33.8% 40.5%
2013 30.4% 31% 34.2% 39.3%
2012 31.3% 30.7% 33.5% 36.2%
2011 30.6% 30.5% 35% 32.6%
2010 27.5% 32.8% 37.4% 30.2%
2009 28.9% 34.1% 36.3% 22.5%
2008 31.1% 32.4% 35.3% 13%
2007 28.9% 35.5% 34.6% 12.4%
2006 26.6% 48.6% 33.9% 12.7%
2005 29.5% 73.2% 32.3% 17.8%
2004 29% 80.6% 33.7% 21.3%
2003 28.6% 85.5% 31.8% 24.9%
2002 29.6% 77.2% 32.1% 27.4%
2001 28.6% 74.4% 33.2% 27.4%
2000 26.2% 66.5% 35% 29.6%
1999 26.3% 61.7% 35.1% 21.7%
1998 26.8% 61.2% 34.7% 16.5%
1997 25.3% 64.6% 33.5% 15%
1996 23.3% 72.4% 33.5% 11%
1995 23.1% 81.7% 34.4% 6.91%
1994 23.9% 87.6% 33.1% -
1993 24.3% 83.8% 33.5% -
1992 22.6% 92.4% 41.5% -
1991 21.6% 92.8% 38.3% -
1990 20.4% 102.9% 38.4% -
1989 24.4% 98% 40.1% -
1988 24% 115.9% 36.6% -
1987 24.4% 145.3% 40.7% -
1986 22.2% 149% 42.5% -
1985 21.8% 205.2% 41.6% -
1984 29% 166.5% 28.6% -
1983 32.1% 157.3% 25.8% -
1982 25% 155.4% 28.5% -
1981 16.6% 121.7% 30.4% -
1980 19.8% 100% 33.6% -
1979 18% 92% 42% -
1978 17.3% 82.5% 42.1% -
1977 18.6% 82.4% 39.9% -
1976 16.8% 68.9% 37.5% -
1975 14.4% 56.2% 40.6% -
1974 14.2% 52.7% 37.6% -
1973 14.1% 80.9% 32.6% -
1972 11.8% 77.7% 29.9% -
1971 11.3% 65.7% 27.2% -
1970 10% 63.9% 28.1% -
1969 12.3% - 32.1% -
1968 14.1% - 31.8% -
1967 13.1% - 30.6% -
1966 12.9% - 27.3% -
1965 12.9% - 25.6% -
1964 10.8% - 25.1% -
1963 10.8% - 23.1% -
1962 10.2% - 43.4% -
1961 10.7% - - -
1960 10.1% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Bolivia's government spending was $20.8B, accounting for 32.2% of its GDP, while Romania spent $173B, or 40.5% of GDP.

Debt-to-GDP ratio is 84.8% in Bolivia and 60.6% in Romania, ranking 36/185 and 76/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Romania
1x
Year Deficit/surplus, % of GDP
Bolivia Romania
2025 -11.6% -7.64%
2024 -8.7% -8.68%
2023 -9.46% -5.66%
2022 -6.15% -5.85%
2021 -7.87% -6.74%
2020 -11% -9.6%
2019 -6.04% -4.58%
2018 -6.8% -2.76%
2017 -6.42% -2.86%
2016 -5.95% -2.5%
2015 -5.76% -1.35%
2014 -2.88% -1.76%
2013 0.51% -2.44%
2012 1.49% -2.39%
2011 0.72% -4.14%
2010 1.42% -6.22%
2009 2.29% -6.86%
2008 3.1% -4.6%
2007 -1.37% -3.05%
2006 3.99% -1.36%
2005 -2% -0.69%
2004 -4.97% -3.39%
2003 -7.04% -2.29%
2002 -7.82% -2.59%
2001 -6.11% -3.2%
2000 -3.34% -3.99%
1999 -3.43% -3.58%
1998 -4.56% -5.33%
1997 -2.94% -5.19%
1996 -1.7% -4.74%
1995 -1.63% -3.32%
1994 -2.68% -2.2%
1993 -5.46% -0.35%
1992 -3.94% -4.55%
1991 -3.76% 3.23%
1990 -3.94% 1.03%
1989 -5.5% -2.87%
1988 -6.5% 8.4%
1987 -7.7% 2.37%
1986 -2.7% 5.72%
1985 -9.8% 6.36%
1984 -25.4% 15.2%
1983 -19.8% 9.35%
1982 -15.9% 0.36%
1981 -12.3% 0.61%
1980 -15.3% -1.95%
1979 -11.2% 0%
1978 -9.97% 0%
1977 -11.2% 0.23%
1976 -1.15% 0.66%
1975 -2.33% 0.41%
1974 -1.87% 0.51%
1973 -3.72% 1.53%
1972 -3.69% 1.21%
1971 -3.67% 0.89%
1970 -1.92% 0.52%
1969 -4.16% 0.93%
1968 -5.67% 1.65%
1967 -4.29% 1.23%
1966 -3.55% 0.91%
1965 -4.12% -1.29%
1964 -2.68% -3.11%
1963 -3.02% -1.61%
1962 -2.8% -4.86%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1989, retrieved 2026-07-08).

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

In 2025, Bolivia's government deficit, the difference between spending and revenue, was $7.51B, equivalent to 11.6% of GDP. This compares to Romania's deficit of $32.8B, or 7.64% of GDP.

Over the past 39 years, Bolivia recorded a fiscal deficit in 32 of those years, while Romania ran a deficit in 35 years. On average, Bolivia posted an annual deficit equal to 4.14% of GDP, compared to deficit of 3.19% of GDP for Romania.

Inflation comparison by year

Inflation
Bolivia

Romania
1x
Year Consumer prices inflation
Bolivia Romania
2025 19.5% 7.3%
2024 5.1% 5.6%
2023 2.58% 10.4%
2022 1.75% 13.8%
2021 0.74% 5%
2020 0.94% 2.6%
2019 1.84% 3.8%
2018 2.27% 4.6%
2017 2.82% 1.3%
2016 3.62% -1.6%
2015 4.06% -0.6%
2014 5.77% 1.1%
2013 5.74% 4%
2012 4.52% 3.3%
2011 9.88% 5.8%
2010 2.5% 6.1%
2009 3.35% 5.6%
2008 14% 7.8%
2007 8.71% 4.8%
2006 4.28% 6.6%
2005 5.39% 9%
2004 4.44% 11.9%
2003 3.34% 15.4%
2002 0.93% 22.5%
2001 1.59% 34.5%
2000 4.61% 45.7%
1999 2.16% 45.8%
1998 7.67% 59.1%
1997 4.71% 154.8%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Bolivia has recorded an average annual inflation rate of 4.79%, compared with 17.1% in Romania. In 2025, inflation was 19.5% in Bolivia and 7.3% in Romania.

Top exports between countries

Bolivia
Export category Export value
Raw materials & minerals $11.3M
Textiles & consumer goods $240K
Raw agricultural goods $62K
Machinery & equipment $32K
Miscellaneous $8K
Chemicals & pharma $5K
Metals $4K
Romania
Export category Export value
Textiles & consumer goods $251K
Machinery & equipment $191K
Chemicals & pharma $80K
Processed food, beverages & tobacco $34K
Metals $27K
Miscellaneous $9K
Wood & paper products $2K

Balance of trade

Bolivia Romania
Current account balance
-$1.22B
2025
-$33.9B
2025
Current account balance ranking
124/190
2025
186/190
2025
Current account balance, % of GDP
-1.88%
2025
-7.9%
2025
Goods imports
$9.23B
2025
$139B
2025
Goods exports
$9.56B
2025
$102B
2025
Service imports
$2.25B
2025
$35.9B
2025
Service exports
$1.21B
2025
$50.1B
2025
Imports of goods and services, % of GDP
25.5%
2024
40.7%
2025
Exports of goods and services, % of GDP
21.4%
2024
35.5%
2025

Economic freedom indices

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

Bolivia Romania
Economic freedom 42.4 65.4
Economic freedom ranking 184/197 64/197
Property rights 20.2 81
Government integrity 27.1 50
Judicial effectiveness 29.5 67
Tax burden 86.4 89.1
Government spending 56.3 56.7
Fiscal health 0.8 21.4
Business freedom 53.6 74.4
Labor freedom 52.2 63.6
Monetary freedom 67.1 72.7
Trade freedom 60.6 79.4
Investment freedom 15 70
Financial freedom 40 60

Economic freedom comparison by year

Bolivia
Romania
1x
Year Economic freedom index
Bolivia Romania
2026 42.4 65.4
2025 44.1 66.5
2024 43.5 64.4
2023 43.4 64.5
2022 43 67.1
2021 42.7 69.5
2020 42.8 69.7
2019 42.3 68.6
2018 44.1 69.4
2017 47.7 69.7
2016 47.4 65.6
2015 46.8 66.6
2014 48.4 65.5
2013 47.9 65.1
2012 50.2 64.4
2011 50 64.7
2010 49.4 64.2
2009 53.6 63.2
2008 53.1 61.7
2007 54.2 61.2
2006 57.8 58.2
2005 58.4 52.1
2004 64.5 50
2003 64.3 50.6
2002 65.1 48.7
2001 68 50
2000 65 52.1
1999 65.6 50.1
1998 68.8 54.4
1997 65.1 50.8
1996 65.2 46.2
1995 56.8 42.9

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 65.4 for Romania, ranking 64/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Romania
Services, % of GDP
53.4%
2024
61.7%
2025
Industry, % of GDP
31.3%
2024
25.3%
2025
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
3%
2025
GNI, Atlas method
$55.6B
2025
$384B
2025
GNI per capita, PPP
$12,530
2025
$49,550
2025
Total reserves including gold
$580M
2025
$90.6B
2025
Total reserves ranking
155/177
2025
31/177
2025
Net foreign direct investment
-$464M
2025
-$8.57B
2025
Net inflows of foreign direct investment
$358M
2024
$7.16B
2024
Net outflows of foreign direct investment
$133M
2024
$1.99B
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
n/a
Poverty at national poverty lines
37.7%
2024
19%
2023
Gross capital formation, % of GDP
17.9%
2024
25.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2022–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.