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Economy of Bolivia vs Seychelles compared: GDP & Debt

Updated on by Georank

Bolivia has a GDP of $64.8B compared to $2.39B for the Seychelles, ranking 88/197 and 177/197 by economy size, respectively.

Bolivia has $54.9B in government debt (84.8% of GDP), compared to $1.23B (51.5% of GDP) in the Seychelles.

Bolivia vs Seychelles GDP by year

Bolivia
Seychelles
1x
Year GDP, current $
Bolivia Seychelles
2025 $64,768,947,525 $2,387,022,853
2024 $54,881,327,453 $2,228,608,684
2023 $52,340,206,946 $2,171,547,935
2022 $50,959,081,954 $1,999,888,599
2021 $47,877,892,402 $1,487,173,795
2020 $42,313,784,081 $1,382,551,752
2019 $49,056,643,589 $1,868,690,097
2018 $48,414,038,842 $1,784,313,927
2017 $45,927,439,595 $1,675,370,641
2016 $33,941,126,194 $1,568,513,348
2015 $33,000,198,249 $1,432,403,352
2014 $32,996,188,017 $1,387,577,870
2013 $30,659,338,886 $1,333,160,407
2012 $27,084,497,482 $1,089,407,839
2011 $23,963,164,697 $1,058,918,707
2010 $19,649,723,722 $981,616,542
2009 $17,339,992,194 $850,901,620
2008 $16,674,276,286 $979,597,394
2007 $13,120,108,008 $1,077,308,814
2006 $11,451,844,902 $1,081,441,283
2005 $9,549,122,905 $977,899,382
2004 $8,773,451,752 $893,012,218
2003 $8,082,399,640 $750,847,230
2002 $7,905,485,146 $742,134,838
2001 $8,141,516,928 $662,064,156
2000 $8,397,855,485 $654,212,394
1999 $8,285,064,435 $662,838,615
1998 $8,497,494,652 $647,287,376
1997 $7,925,736,821 $598,966,982
1996 $7,396,949,126 $535,250,347
1995 $6,715,161,732 $540,733,048
1994 $5,981,222,859 $517,570,058
1993 $5,734,699,489 $504,230,621
1992 $5,643,868,749 $461,409,399
1991 $5,343,262,457 $398,307,170
1990 $4,867,582,598 $392,163,561
1989 $4,715,973,437 $324,333,367
1988 $4,597,612,362 $301,985,618
1987 $4,347,956,338 $265,212,957
1986 $3,959,382,833 $221,147,061
1985 $5,377,276,555 $179,691,483
1984 $6,169,483,225 $160,992,921
1983 $5,422,656,823 $156,098,237
1982 $5,594,126,369 $157,211,790
1981 $5,891,598,695 $163,750,728
1980 $4,537,479,608 $156,783,830
1979 $4,421,336,383 $127,261,099
1978 $3,758,220,890 $85,552,366
1977 $3,227,436,282 $64,526,401
1976 $2,731,984,008 $49,278,982
1975 $2,404,697,651 $47,803,146
1974 $2,100,249,875 $43,134,496
1973 $1,262,968,516 $36,896,280
1972 $1,257,615,645 $30,645,123
1971 $1,095,622,896 $21,965,951
1970 $1,017,003,367 $18,432,032
1969 $929,629,630 $16,452,028
1968 $857,912,458 $16,074,028
1967 $755,808,081 $16,632,032
1966 $669,191,919 $16,443,034
1965 $604,377,104 $15,603,032
1964 $544,023,569 $15,393,032
1963 $482,828,283 $13,923,029
1962 $448,400,673 $12,642,026
1961 $410,101,010 $11,592,024
1960 $377,020,202 $12,012,025

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

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

GDP per capita in Bolivia vs Seychelles by year

Bolivia
GDP per capita

GDP per capita, PPP
Seychelles
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Seychelles
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,148 - $19,449 -
2024 $4,421 $12,878 $18,365 $33,239
2023 $4,275 $12,892 $18,131 $31,781
2022 $4,219 $12,307 $16,683 $29,973
2021 $4,011 $11,202 $14,983 $29,980
2020 $3,581 $9,581 $14,041 $31,056
2019 $4,203 $11,005 $19,142 $34,219
2018 $4,207 $10,758 $18,440 $32,091
2017 $4,048 $10,420 $17,480 $30,675
2016 $3,036 $9,242 $16,567 $28,811
2015 $2,996 $8,757 $15,333 $25,435
2014 $3,041 $8,629 $15,188 $24,985
2013 $2,870 $8,069 $14,821 $22,487
2012 $2,576 $7,184 $12,337 $22,264
2011 $2,316 $6,598 $12,110 $21,781
2010 $1,930 $6,245 $10,935 $18,982
2009 $1,731 $6,024 $9,747 $18,453
2008 $1,693 $5,890 $11,265 $18,881
2007 $1,355 $5,537 $12,669 $19,473
2006 $1,203 $5,244 $12,783 $17,503
2005 $1,020 $4,938 $11,802 $15,846
2004 $953 $4,663 $10,828 $14,160
2003 $893 $4,433 $9,070 $14,142
2002 $888 $4,304 $8,864 $14,570
2001 $930 $4,205 $8,153 $14,615
2000 $976 $4,113 $8,064 $14,638
1999 $979 $3,991 $8,243 $13,853
1998 $1,022 $3,988 $8,210 $13,675
1997 $970 $3,822 $7,747 $13,458
1996 $922 $3,645 $7,004 $11,931
1995 $853 $3,494 $7,181 $10,809
1994 $774 $3,331 $6,975 $10,692
1993 $757 $3,177 $6,979 $11,020
1992 $760 $3,036 $6,520 $10,243
1991 $734 $2,981 $5,655 $9,387
1990 $683 $2,797 $5,642 $8,955
1989 $675 - $4,689 -
1988 $673 - $4,392 -
1987 $650 - $3,872 -
1986 $604 - $3,368 -
1985 $838 - $2,754 -
1984 $982 - $2,488 -
1983 $882 - $2,426 -
1982 $930 - $2,441 -
1981 $1,001 - $2,557 -
1980 $788 - $2,478 -
1979 $785 - $2,030 -
1978 $683 - $1,377 -
1977 $600 - $1,044 -
1976 $520 - $814 -
1975 $468 - $806 -
1974 $418 - $745 -
1973 $257.2 - $649 -
1972 $261.9 - $547 -
1971 $233.4 - $402 -
1970 $221.6 - $344 -
1969 $207.1 - $314 -
1968 $195.5 - $314 -
1967 $176.1 - $333 -
1966 $159.3 - $338 -
1965 $147.1 - $328 -
1964 $135.2 - $332 -
1963 $122.6 - $308 -
1962 $116.2 - $287 -
1961 $108.5 - $270.3 -
1960 $101.8 - $288.1 -

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

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

Bolivia's GDP per capita is $5,148, ranking 121/197, compared to $19,449 in the Seychelles, ranking 64/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while the Seychelles ranks 67th at $33,239.

Economic indicators

Bolivia Seychelles
Gross domestic product
$64.8B
2025
$2.39B
2025
GDP rank
88/197
2025
177/197
2025
GDP growth
-1.58%
2024-2025
5.8%
2024-2025
GDP per capita
$5,148
2025
$19,449
2025
GDP per capita rank
121/197
2025
64/197
2025
GDP per capita, PPP
$12,878
2024
$33,239
2024
GDP per capita PPP rank
122/197
2024
67/197
2024
Government debt
$54.9B
2025
$1.23B
2025
Debt-to-GDP ratio
84.8%
2025
51.5%
2025
Government debt per person
$4,364
2025
$10,019
2025
Government debt per person rank
93/185
2025
59/185
2025
Average annual personal income after taxes
$4,410
2026
$11,537
2026
Market capitalization of domestic companies n/a
$646M
2025
Income share by richest 10%
30.6%
2024
23.9%
2018
Income share by poorest 10%
1.9%
2024
2.6%
2018
Government expenditure, % of GDP
32.2%
2025
32.7%
2025
Consumer prices inflation
19.5%
2024-2025
0.3%
2024-2025
Central bank interest rate
3.26%
2025
1.75%
2024
Unemployment rate
2.73%
2024
2.59%
2024
Population
12837312
125859

Spending and national debt comparison by year

Bolivia
Spending

Debt
Seychelles
Spending

Debt
1x
Year % of GDP
Bolivia Seychelles
Government spending Government debt Government spending Government debt
2025 32.2% 84.8% 32.7% 51.5%
2024 33.5% 83.2% 33% 56.1%
2023 33.5% 78.3% 33.1% 55.1%
2022 31.2% 69.2% 31.6% 60.6%
2021 29.4% 68.7% 38.8% 71%
2020 31.9% 67.5% 46.7% 77.4%
2019 30.1% 48.9% 31.7% 48.9%
2018 31.4% 44.2% 33% 51.3%
2017 31.6% 41.9% 34.3% 56.7%
2016 32.9% 38.2% 34.5% 64.3%
2015 37% 34% 31.5% 75.4%
2014 34.9% 31.8% 33.4% 70.4%
2013 30.4% 31% 37.8% 68.2%
2012 31.3% 30.7% 38.6% 80.1%
2011 30.6% 30.5% 36.4% 82.5%
2010 27.5% 32.8% 34.6% 82.2%
2009 28.9% 34.1% 32.1% 106.1%
2008 31.1% 32.4% 27% 192.1%
2007 28.9% 35.5% 41.9% 144%
2006 26.6% 48.6% 43.6% 135.1%
2005 29.5% 73.2% 39% 144.1%
2004 29% 80.6% 39.9% 163.2%
2003 28.6% 85.5% 44.6% 177%
2002 29.6% 77.2% 56.3% 195.9%
2001 28.6% 74.4% 46.8% 199.8%
2000 26.2% 66.5% 55.4% 177.8%
1999 26.3% 61.7% 56.1% 159.8%
1998 26.8% 61.2% 60.7% 161.2%
1997 25.3% 64.6% 54.7% 143%
1996 23.3% 72.4% 59.1% 146.7%
1995 23.1% 81.7% 53.1% 133.5%
1994 23.9% 87.6% 63.6% 123.5%
1993 24.3% 83.8% 60.4% 82.2%
1992 22.6% 92.4% 50.7% 79.9%
1991 21.6% 92.8% 52.1% 89.2%
1990 20.4% 102.9% 46.1% 80.4%
1989 24.4% 98% 51.7% 39.9%
1988 24% 115.9% 46.7% 41.3%
1987 24.4% 145.3% 49.7% 37%
1986 22.2% 149% 58% 31.5%
1985 21.8% 205.2% 53% 26.5%
1984 29% 166.5% 50.5% 15.3%
1983 32.1% 157.3% 47.9% 12.4%
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/seychelles | CC BY

In 2025, Bolivia's government spending was $20.8B, accounting for 32.2% of its GDP, while the Seychelles spent $781M, or 32.7% of GDP.

Debt-to-GDP ratio is 84.8% in Bolivia and 51.5% in the Seychelles, ranking 36/185 and 102/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Seychelles
1x
Year Deficit/surplus, % of GDP
Bolivia Seychelles
2025 -11.6% -0.99%
2024 -8.7% -0.68%
2023 -9.46% -1.15%
2022 -6.15% -0.77%
2021 -7.87% -5.76%
2020 -11% -15.7%
2019 -6.04% 0.42%
2018 -6.8% -0.8%
2017 -6.42% -1.67%
2016 -5.95% 0.02%
2015 -5.76% 1.39%
2014 -2.88% 2.87%
2013 0.51% 0.33%
2012 1.49% 2.93%
2011 0.72% 3.36%
2010 1.42% 0.52%
2009 2.29% 4.84%
2008 3.1% 7.88%
2007 -1.37% -9.93%
2006 3.99% -2.54%
2005 -2% 0.42%
2004 -4.97% 0.44%
2003 -7.04% 3.4%
2002 -7.82% -16.3%
2001 -6.11% -8.93%
2000 -3.34% -14.7%
1999 -3.43% -10.3%
1998 -4.56% -16.7%
1997 -2.94% -5.91%
1996 -1.7% -9.69%
1995 -1.63% -2.58%
1994 -2.68% -6.95%
1993 -5.46% -3.62%
1992 -3.94% 6.44%
1991 -3.76% 3.15%
1990 -3.94% 11.9%
1989 -5.5% 8.26%
1988 -6.5% 11.8%
1987 -7.7% 2.77%
1986 -2.7% -10.1%
1985 -9.8% -4.86%
1984 -25.4% -6.09%
1983 -19.8% -3.13%
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/seychelles | 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 the Seychelles' deficit of $23.5M, or 0.99% of GDP.

Over the past 43 years, Bolivia recorded a fiscal deficit in 36 of those years, while the Seychelles ran a deficit in 24 years. On average, Bolivia posted an annual deficit equal to 5.1% of GDP, compared to deficit of 2.01% of GDP for the Seychelles.

Inflation comparison by year

Inflation
Bolivia

Seychelles
1x
Year Consumer prices inflation
Bolivia Seychelles
2025 19.5% 0.3%
2024 5.1% 0.31%
2023 2.58% -1.04%
2022 1.75% 2.63%
2021 0.74% 9.77%
2020 0.94% 1.2%
2019 1.84% 1.81%
2018 2.27% 3.7%
2017 2.82% 2.86%
2016 3.62% -1.02%
2015 4.06% 4.04%
2014 5.77% 1.39%
2013 5.74% 4.34%
2012 4.52% 7.11%
2011 9.88% 2.56%
2010 2.5% -2.4%
2009 3.35% 31.8%
2008 14% 37%
2007 8.71% 5.32%
2006 4.28% -0.35%
2005 5.39% 0.91%
2004 4.44% 3.86%
2003 3.34% 3.3%
2002 0.93% 0.18%
2001 1.59% 5.97%
2000 4.61% 6.27%
1999 2.16% 6.35%
1998 7.67% 2.58%
1997 4.71% 0.62%

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

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

Over the past 29 years, Bolivia has recorded an average annual inflation rate of 4.79%, compared with 4.87% in the Seychelles. In 2025, inflation was 19.5% in Bolivia and 0.3% in the Seychelles.

Top exports between countries

Bolivia
Export category Export value
Miscellaneous $4K
Seychelles
Export category Export value

Balance of trade

Bolivia Seychelles
Current account balance
-$1.22B
2025
-$166M
2024
Current account balance ranking
124/190
2025
90/190
2024
Current account balance, % of GDP
-1.88%
2025
-7.46%
2024
Goods imports
$9.23B
2025
$1.38B
2024
Goods exports
$9.56B
2025
$595M
2024
Service imports
$2.25B
2025
$1B
2024
Service exports
$1.21B
2025
$1.71B
2024
Imports of goods and services, % of GDP
25.5%
2024
92.7%
2025
Exports of goods and services, % of GDP
21.4%
2024
79.6%
2025

Economic freedom indices

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

Bolivia Seychelles
Economic freedom 42.4 66.5
Economic freedom ranking 184/197 60/197
Property rights 20.2 82.6
Government integrity 27.1 71.7
Judicial effectiveness 29.5 61.7
Tax burden 86.4 77.3
Government spending 56.3 68
Fiscal health 0.8 92.2
Business freedom 53.6 71.3
Labor freedom 52.2 52
Monetary freedom 67.1 79.8
Trade freedom 60.6 81.2
Investment freedom 15 30
Financial freedom 40 30

Economic freedom comparison by year

Bolivia
Seychelles
1x
Year Economic freedom index
Bolivia Seychelles
2026 42.4 66.5
2025 44.1 66.4
2024 43.5 60.4
2023 43.4 59.5
2022 43 61.1
2021 42.7 66.3
2020 42.8 64.3
2019 42.3 61.4
2018 44.1 61.6
2017 47.7 61.8
2016 47.4 62.2
2015 46.8 57.5
2014 48.4 56.2
2013 47.9 54.9
2012 50.2 53
2011 50 51.2
2010 49.4 47.9
2009 53.6 47.8
2008 53.1 -
2007 54.2 -
2006 57.8 -
2005 58.4 -
2004 64.5 -
2003 64.3 -
2002 65.1 -
2001 68 -
2000 65 -
1999 65.6 -
1998 68.8 -
1997 65.1 -
1996 65.2 -
1995 56.8 -

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

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 66.5 for the Seychelles, ranking 60/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Seychelles
Services, % of GDP
53.4%
2024
67.9%
2025
Industry, % of GDP
31.3%
2024
14.3%
2025
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
2.61%
2025
GNI, Atlas method
$55.6B
2025
$2.36B
2025
GNI per capita, PPP
$12,530
2025
$34,930
2025
Total reserves including gold
$580M
2025
$774M
2024
Total reserves ranking
155/177
2025
146/177
2024
Net foreign direct investment
-$464M
2025
-$268M
2024
Net inflows of foreign direct investment
$358M
2024
$226M
2024
Net outflows of foreign direct investment
$133M
2024
-$41.4M
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
n/a
Poverty at national poverty lines
37.7%
2024
25.3%
2018
Gross capital formation, % of GDP
17.9%
2024
18.7%
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/seychelles | 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. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. TradeMap (2023, 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.