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Economy of Bolivia vs Senegal compared: GDP & Debt

Updated on by Georank

Bolivia has a GDP of $64.8B compared to $37B for Senegal, ranking 88/197 and 107/197 by economy size, respectively.

Bolivia has $54.9B in government debt (84.8% of GDP), compared to $48.2B (130.2% of GDP) in Senegal.

Bolivia vs Senegal GDP by year

Bolivia
Senegal
1x
Year GDP, current $
Bolivia Senegal
2025 $64,768,947,525 $37,006,536,238
2024 $54,881,327,453 $32,169,996,052
2023 $52,340,206,946 $30,696,331,296
2022 $50,959,081,954 $27,783,332,223
2021 $47,877,892,402 $27,520,784,130
2020 $42,313,784,081 $24,530,513,038
2019 $49,056,643,589 $23,403,995,992
2018 $48,414,038,842 $23,116,701,556
2017 $45,927,439,595 $20,965,069,573
2016 $33,941,126,194 $19,040,312,333
2015 $33,000,198,249 $17,774,766,696
2014 $32,996,188,017 $19,797,253,440
2013 $30,659,338,886 $18,918,667,725
2012 $27,084,497,482 $17,660,870,412
2011 $23,963,164,697 $17,814,283,639
2010 $19,649,723,722 $16,121,315,909
2009 $17,339,992,194 $16,145,867,495
2008 $16,674,276,286 $16,853,989,628
2007 $13,120,108,008 $13,994,218,413
2006 $11,451,844,902 $11,697,918,243
2005 $9,549,122,905 $11,009,033,438
2004 $8,773,451,752 $10,076,816,667
2003 $8,082,399,640 $8,768,721,563
2002 $7,905,485,146 $7,006,402,320
2001 $8,141,516,928 $6,507,824,829
2000 $8,397,855,485 $6,013,185,004
1999 $8,285,064,435 $6,592,834,933
1998 $8,497,494,652 $6,505,607,909
1997 $7,925,736,821 $6,041,478,726
1996 $7,396,949,126 $6,559,712,166
1995 $6,715,161,732 $6,326,342,633
1994 $5,981,222,859 $5,034,588,196
1993 $5,734,699,489 $7,367,986,241
1992 $5,643,868,749 $7,769,817,840
1991 $5,343,262,457 $7,255,210,470
1990 $4,867,582,598 $7,390,967,360
1989 $4,715,973,437 $6,366,039,373
1988 $4,597,612,362 $6,418,419,389
1987 $4,347,956,338 $6,487,353,103
1986 $3,959,382,833 $5,392,093,446
1985 $5,377,276,555 $3,818,944,918
1984 $6,169,483,225 $3,485,165,432
1983 $5,422,656,823 $3,569,356,125
1982 $5,594,126,369 $4,013,951,443
1981 $5,891,598,695 $4,095,892,781
1980 $4,537,479,608 $4,510,108,291
1979 $4,421,336,383 $4,084,877,823
1978 $3,758,220,890 $3,280,354,921
1977 $3,227,436,282 $2,938,046,463
1976 $2,731,984,008 $2,869,777,884
1975 $2,404,697,651 $2,830,388,405
1974 $2,100,249,875 $2,099,325,229
1973 $1,262,968,516 $1,863,398,590
1972 $1,257,615,645 $1,620,857,104
1971 $1,095,622,896 $1,339,549,033
1970 $1,017,003,367 $1,297,407,655
1969 $929,629,630 $1,245,234,931
1968 $857,912,458 $1,309,384,862
1967 $755,808,081 $1,246,480,766
1966 $669,191,919 $1,246,908,186
1965 $604,377,104 $1,210,058,228
1964 $544,023,569 $1,188,930,645
1963 $482,828,283 $1,122,139,862
1962 $448,400,673 $1,085,475,791
1961 $410,101,010 $1,058,975,257
1960 $377,020,202 $1,003,692,370

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Bolivia vs Senegal by year

Bolivia
GDP per capita

GDP per capita, PPP
Senegal
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Senegal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,148 - $1,955 -
2024 $4,421 $12,878 $1,739 $5,071
2023 $4,275 $12,892 $1,698 $4,778
2022 $4,219 $12,307 $1,574 $4,530
2021 $4,011 $11,202 $1,598 $4,174
2020 $3,581 $9,581 $1,461 $3,753
2019 $4,203 $11,005 $1,431 $3,648
2018 $4,207 $10,758 $1,453 $3,380
2017 $4,048 $10,420 $1,355 $3,234
2016 $3,036 $9,242 $1,266 $3,101
2015 $2,996 $8,757 $1,218 $2,994
2014 $3,041 $8,629 $1,399 $2,854
2013 $2,870 $8,069 $1,380 $2,769
2012 $2,576 $7,184 $1,327 $2,764
2011 $2,316 $6,598 $1,375 $2,685
2010 $1,930 $6,245 $1,276 $2,663
2009 $1,731 $6,024 $1,309 $2,606
2008 $1,693 $5,890 $1,399 $2,581
2007 $1,355 $5,537 $1,189 $2,499
2006 $1,203 $5,244 $1,017 $2,422
2005 $1,020 $4,938 $980 $2,350
2004 $953 $4,663 $918 $2,236
2003 $893 $4,433 $818 $2,131
2002 $888 $4,304 $669 $2,027
2001 $930 $4,205 $637 $2,044
2000 $976 $4,113 $603 $1,963
1999 $979 $3,991 $678 $1,893
1998 $1,022 $3,988 $685 $1,798
1997 $970 $3,822 $651 $1,719
1996 $922 $3,645 $723 $1,679
1995 $853 $3,494 $715 $1,656
1994 $774 $3,331 $584 $1,578
1993 $757 $3,177 $878 $1,588
1992 $760 $3,036 $951 $1,573
1991 $734 $2,981 $913 $1,561
1990 $683 $2,797 $957 $1,513
1989 $675 - $849 -
1988 $673 - $880 -
1987 $650 - $916 -
1986 $604 - $784 -
1985 $838 - $571 -
1984 $982 - $536 -
1983 $882 - $564 -
1982 $930 - $652 -
1981 $1,001 - $683 -
1980 $788 - $772 -
1979 $785 - $716 -
1978 $683 - $589 -
1977 $600 - $540 -
1976 $520 - $541 -
1975 $468 - $547 -
1974 $418 - $417 -
1973 $257.2 - $381 -
1972 $261.9 - $342 -
1971 $233.4 - $291.1 -
1970 $221.6 - $290.5 -
1969 $207.1 - $287.3 -
1968 $195.5 - $311 -
1967 $176.1 - $305 -
1966 $159.3 - $315 -
1965 $147.1 - $314 -
1964 $135.2 - $318 -
1963 $122.6 - $309 -
1962 $116.2 - $307 -
1961 $108.5 - $308 -
1960 $101.8 - $300 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Bolivia's GDP per capita is $5,148, ranking 121/197, compared to $1,955 in Senegal, ranking 160/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Senegal ranks 158th at $5,071.

Economic indicators

Bolivia Senegal
Gross domestic product
$64.8B
2025
$37B
2025
GDP rank
88/197
2025
107/197
2025
GDP growth
-1.58%
2024-2025
6.68%
2024-2025
GDP per capita
$5,148
2025
$1,955
2025
GDP per capita rank
121/197
2025
160/197
2025
GDP per capita, PPP
$12,878
2024
$5,071
2024
GDP per capita PPP rank
122/197
2024
158/197
2024
Government debt
$54.9B
2025
$48.2B
2025
Debt-to-GDP ratio
84.8%
2025
130.2%
2025
Government debt per person
$4,364
2025
$2,544
2025
Government debt per person rank
93/185
2025
112/185
2025
Average annual personal income after taxes
$4,410
2026
$1,979
2026
Income share by richest 10%
30.6%
2024
28.8%
2021
Income share by poorest 10%
1.9%
2024
3%
2021
Government expenditure, % of GDP
32.2%
2025
29.2%
2025
Consumer prices inflation
19.5%
2024-2025
1.46%
2024-2025
Central bank interest rate
3.26%
2025
n/a
Unemployment rate
2.73%
2024
5.78%
2024
Population
12837312
19596169

Spending and national debt comparison by year

Bolivia
Spending

Debt
Senegal
Spending

Debt
1x
Year % of GDP
Bolivia Senegal
Government spending Government debt Government spending Government debt
2025 32.2% 84.8% 29.2% 130.2%
2024 33.5% 83.2% 33.5% 132.4%
2023 33.5% 78.3% 35.5% 118.4%
2022 31.2% 69.2% 36.1% 104.7%
2021 29.4% 68.7% 33.7% 98.7%
2020 31.9% 67.5% 29.6% 90.1%
2019 30.1% 48.9% 34.3% 81.5%
2018 31.4% 44.2% 22.6% 61.5%
2017 31.6% 41.9% 22.5% 61.1%
2016 32.9% 38.2% 24% 47.5%
2015 37% 34% 22.9% 44.5%
2014 34.9% 31.8% 23.1% 42.4%
2013 30.4% 31% 22.1% 36.9%
2012 31.3% 30.7% 23% 34.5%
2011 30.6% 30.5% 23.3% 32.9%
2010 27.5% 32.8% 21.7% 34.6%
2009 28.9% 34.1% 21.1% 29.9%
2008 31.1% 32.4% 20.9% 19.1%
2007 28.9% 35.5% 22.2% 19%
2006 26.6% 48.6% 21.3% 17.5%
2005 29.5% 73.2% 18.7% 36.1%
2004 29% 80.6% 18.1% 38%
2003 28.6% 85.5% 17.1% 42.9%
2002 29.6% 77.2% 15.5% 52%
2001 28.6% 74.4% 15.7% 53.2%
2000 26.2% 66.5% 14% 57.5%
1999 26.3% 61.7% 14.6% 15%
1998 26.8% 61.2% 13.5% 18.8%
1997 25.3% 64.6% 14.1% 67.8%
1996 23.3% 72.4% 15.4% 0.07%
1995 23.1% 81.7% 14.4% 65.3%
1994 23.9% 87.6% 15.9% 77.3%
1993 24.3% 83.8% - -
1992 22.6% 92.4% - -
1991 21.6% 92.8% - -
1990 20.4% 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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Bolivia's government spending was $20.8B, accounting for 32.2% of its GDP, while Senegal spent $10.8B, or 29.2% of GDP.

Debt-to-GDP ratio is 84.8% in Bolivia and 130.2% in Senegal, ranking 36/185 and 10/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Senegal
1x
Year Deficit/surplus, % of GDP
Bolivia Senegal
2025 -11.6% -7.9%
2024 -8.7% -13.4%
2023 -9.46% -14.8%
2022 -6.15% -16.1%
2021 -7.87% -13.7%
2020 -11% -9.62%
2019 -6.04% -13.9%
2018 -6.8% -3.66%
2017 -6.42% -2.97%
2016 -5.95% -3.27%
2015 -5.76% -3.66%
2014 -2.88% -3.9%
2013 0.51% -4.34%
2012 1.49% -4.18%
2011 0.72% -4.92%
2010 1.42% -3.94%
2009 2.29% -3.66%
2008 3.1% -3.53%
2007 -1.37% -2.8%
2006 3.99% -3.67%
2005 -2% -0.26%
2004 -4.97% 0.18%
2003 -7.04% -0.52%
2002 -7.82% 0.19%
2001 -6.11% -1.44%
2000 -3.34% 0.78%
1999 -3.43% -0.62%
1998 -4.56% 0.93%
1997 -2.94% 0.98%
1996 -1.7% 0.92%
1995 -1.63% 2.41%
1994 -2.68% 5.9%
1993 -5.46% -
1992 -3.94% -
1991 -3.76% -
1990 -3.94% -
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1989, retrieved 2026-07-08).

GeoRank.org/economy/bolivia/senegal | 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 Senegal's deficit of $2.92B, or 7.9% of GDP.

Over the past 32 years, Bolivia recorded a fiscal deficit in 25 of those years, while Senegal ran a deficit in 24 years. On average, Bolivia posted an annual deficit equal to 3.9% of GDP, compared to deficit of 4.01% of GDP for Senegal.

Inflation comparison by year

Inflation
Bolivia

Senegal
1x
Year Consumer prices inflation
Bolivia Senegal
2025 19.5% 1.46%
2024 5.1% 0.8%
2023 2.58% 5.94%
2022 1.75% 9.7%
2021 0.74% 2.18%
2020 0.94% 2.54%
2019 1.84% 1.76%
2018 2.27% 0.46%
2017 2.82% 1.32%
2016 3.62% 0.84%
2015 4.06% 0.14%
2014 5.77% -1.09%
2013 5.74% 0.71%
2012 4.52% 1.42%
2011 9.88% 3.4%
2010 2.5% 1.23%
2009 3.35% -2.25%
2008 14% 7.35%
2007 8.71% 5.85%
2006 4.28% 2.11%
2005 5.39% 1.71%
2004 4.44% 0.51%
2003 3.34% -0.05%
2002 0.93% 2.34%
2001 1.59% 2.97%
2000 4.61% 0.73%
1999 2.16% 0.83%
1998 7.67% 1.16%
1997 4.71% 1.75%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Bolivia has recorded an average annual inflation rate of 4.79%, compared with 1.99% in Senegal. In 2025, inflation was 19.5% in Bolivia and 1.46% in Senegal.

Top exports between countries

Bolivia
Export category Export value
Machinery & equipment $32K
Textiles & consumer goods $14K
Miscellaneous $10K
Metals $2K
Senegal
Export category Export value
Machinery & equipment $1K
Wood & paper products $1K

Balance of trade

Bolivia Senegal
Current account balance
-$1.22B
2025
-$6.07B
2023
Current account balance ranking
124/190
2025
168/190
2023
Current account balance, % of GDP
-1.88%
2025
-19.8%
2023
Goods imports
$9.23B
2025
$10.8B
2023
Goods exports
$9.56B
2025
$5.52B
2023
Service imports
$2.25B
2025
$4.08B
2023
Service exports
$1.21B
2025
$1.48B
2023
Imports of goods and services, % of GDP
25.5%
2024
38.6%
2025
Exports of goods and services, % of GDP
21.4%
2024
32.5%
2025

Economic freedom indices

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

Bolivia Senegal
Economic freedom 42.4 53.2
Economic freedom ranking 184/197 140/197
Property rights 20.2 57.4
Government integrity 27.1 47.3
Judicial effectiveness 29.5 50.5
Tax burden 86.4 68.8
Government spending 56.3 63.1
Fiscal health 0.8 0
Business freedom 53.6 55.2
Labor freedom 52.2 54.4
Monetary freedom 67.1 74.3
Trade freedom 60.6 67
Investment freedom 15 60
Financial freedom 40 40

Economic freedom comparison by year

Bolivia
Senegal
1x
Year Economic freedom index
Bolivia Senegal
2026 42.4 53.2
2025 44.1 56.4
2024 43.5 55.4
2023 43.4 57.7
2022 43 60
2021 42.7 58
2020 42.8 58
2019 42.3 56.3
2018 44.1 55.7
2017 47.7 55.9
2016 47.4 58.1
2015 46.8 57.8
2014 48.4 55.4
2013 47.9 55.5
2012 50.2 55.4
2011 50 55.7
2010 49.4 54.6
2009 53.6 56.3
2008 53.1 58.3
2007 54.2 58.1
2006 57.8 56.2
2005 58.4 57.9
2004 64.5 58.9
2003 64.3 58.1
2002 65.1 58.6
2001 68 58.7
2000 65 58.9
1999 65.6 60.6
1998 68.8 59.7
1997 65.1 58.1
1996 65.2 58.2
1995 56.8 -

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

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 53.2 for Senegal, ranking 140/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Senegal
Services, % of GDP
53.4%
2024
46.3%
2025
Industry, % of GDP
31.3%
2024
26.1%
2025
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
17.1%
2025
GNI, Atlas method
$55.6B
2025
$33.6B
2025
GNI per capita, PPP
$12,530
2025
$5,100
2025
Total reserves including gold
$580M
2025
n/a
Total reserves ranking
155/177
2025
n/a
Net foreign direct investment
-$464M
2025
-$4.72B
2023
Net inflows of foreign direct investment
$358M
2024
$2.02B
2024
Net outflows of foreign direct investment
$133M
2024
$48.1M
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
11.3%
2024
Poverty at national poverty lines
37.7%
2024
37.5%
2021
Gross capital formation, % of GDP
17.9%
2024
26.9%
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/senegal | CC BY

Compare countries by 7 more topics

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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 (2021–2025, 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.