Bolivia vs Serbia: Economic Indicators Comparison

Serbia with a GDP of $50.6B ranked the 84th largest economy in the world, while Bolivia ranked 96th with $40.3B. By GDP 5-years average growth and GDP per capita, Serbia and Bolivia ranked 131st vs 43rd and 90th vs 126th, respectively.

Gross Domestic Product & Income

StatBoliviaSerbia
GDP$40.3B$50.6B
GDP growth, 1 year4.3%4.4%
GDP growth, 5-years average4.6%2%
Population11.1M7M
GDP per capita$3.5k$7.2k
GDP per capita growth2.75%4.97%
Purchasing Power Parity conversion factor3.1141.64
Price level ratio of PPP conversion factor GDP to market exchange rate0.450.42
GDP per capita, PPP adjusted$7.5k$18k
GNI, Atlas method$38.2B$44.6B
GNI per capita$3.4k$6.4k
GNI, PPP adjusted$87.1B$115.5B
GNI per capita, PPP adjusted$7.7k$17k

Financial system and Human development

StatBoliviaSerbia
Income Tax Rate13%10%
Corporate Tax Rate25%15%
Inflation, consumer prices2.3%2%
Inflation, GDP deflator3.1%2.1%
Unemployment3.3%13.5%
Economic Freedom Index42.866
Personal Freedom Index7.467.84
Human Freedom Index6.757.19
Property Rights Index20.155.4
Judical Effectiveness Index11.246.8
Business Freedom Index58.372.6
Fiscal Health Index14.294.1
Labor Freedom Index52.966.9
Investment Freedom Index1570
Financial Freedom Index4050
Trade Freedom Index67.878
Monetary Freedom Index69.980.7
Government Spending Index54.249.7
Tax Burden Index86.383.7
Government Integrity Index23.144
Corruption Perceptions Index2939
Life expectancy at birth, years70.976.1
Suicide mortality rate, per 100,000 people12.215.6
Mortality caused by road traffic injury, per 100,000 people15.57.4
Intentional homicides, per 100,000 people6.31.1
International tourism, number of arrivals1.1M1.7M

Government debt & reserves

StatBoliviaSerbia
Central government debt, % of GDP53.9%54.3%
External debt stocks, % of GNI33.8%71.7%
External debt stocks$13.3B$34.3B
Short-term debt, % of total reserves7.9%16.4%
Total debt service, % of exports and primary income9.6%22.3%
Adjusted net savings including particulate emission damage, % of GNI0.8%-3.2%
Gross savings, % of GDP16%18.6%
Gross capital formation, % of GDP20.6%22.7%
Total reserves including gold$8.9B$12.9B
Foreign direct investment net inflows$255.1M$4.1B

Exports, imports and economic structure

StatBoliviaSerbia
Exports of goods and services, % of GDP26%50.8%
Imports of goods and services, % of GDP31.1%59.3%
Current account balance (balance of payments)-$2B-$2.6B
Revenue excluding grants, % of GDP23.3%32.8%
Grants excluding technical cooperation, BoP$236.7M$334.6M
Personal remittances received$1.4B$4.3B
Industry including construction value added, % of GDP26.2%25.5%
Agriculture, forestry and fishing value added, % of GDP11.5%6.3%
Charges for the use of intellectual property, payments BoP$83.3M$289.7M
Charges for the use of intellectual property, receipts BoP$26.3M$57.9M
Expense, % of GDP21.8%36.9%
Government Expenditure, % of GDP39.1%40.9%

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

Serbia vs

CountryGDP
per capita
Population
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M