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Economy of Bolivia vs Sierra Leone compared: GDP & Debt

Updated on by Georank

Bolivia has a GDP of $64.8B compared to $7.46B for Sierra Leone, ranking 88/197 and 160/197 by economy size, respectively.

Bolivia has $54.9B in government debt (84.8% of GDP), compared to $3.38B (45.2% of GDP) in Sierra Leone.

Bolivia vs Sierra Leone GDP by year

Bolivia
Sierra Leone
1x
Year GDP, current $
Bolivia Sierra Leone
2025 $64,768,947,525 $7,464,157,904
2024 $54,881,327,453 $6,971,127,234
2023 $52,340,206,946 $6,415,852,766
2022 $50,959,081,954 $7,121,125,277
2021 $47,877,892,402 $7,166,931,483
2020 $42,313,784,081 $6,688,307,706
2019 $49,056,643,589 $6,523,577,590
2018 $48,414,038,842 $6,390,514,689
2017 $45,927,439,595 $5,749,846,528
2016 $33,941,126,194 $6,084,297,211
2015 $33,000,198,249 $6,788,352,975
2014 $32,996,188,017 $7,686,138,791
2013 $30,659,338,886 $7,502,762,863
2012 $27,084,497,482 $6,141,666,509
2011 $23,963,164,697 $4,861,632,885
2010 $19,649,723,722 $4,262,805,967
2009 $17,339,992,194 $3,953,403,098
2008 $16,674,276,286 $4,157,895,298
2007 $13,120,108,008 $3,632,957,611
2006 $11,451,844,902 $3,263,697,467
2005 $9,549,122,905 $2,545,275,313
2004 $8,773,451,752 $2,237,350,687
2003 $8,082,399,640 $2,142,618,046
2002 $7,905,485,146 $1,933,863,911
2001 $8,141,516,928 $1,681,473,894
2000 $8,397,855,485 $635,866,404
1999 $8,285,064,435 $669,386,624
1998 $8,497,494,652 $672,368,187
1997 $7,925,736,821 $850,232,760
1996 $7,396,949,126 $941,709,423
1995 $6,715,161,732 $870,740,292
1994 $5,981,222,859 $911,853,802
1993 $5,734,699,489 $768,867,883
1992 $5,643,868,749 $679,940,814
1991 $5,343,262,457 $779,981,987
1990 $4,867,582,598 $649,644,098
1989 $4,715,973,437 $932,974,420
1988 $4,597,612,362 $1,055,083,933
1987 $4,347,956,338 $660,106,336
1986 $3,959,382,833 $490,181,457
1985 $5,377,276,555 $856,890,459
1984 $6,169,483,225 $1,087,471,862
1983 $5,422,656,823 $995,104,305
1982 $5,594,126,369 $1,295,361,886
1981 $5,891,598,695 $1,114,830,472
1980 $4,537,479,608 $1,100,685,845
1979 $4,421,336,383 $1,109,374,911
1978 $3,758,220,890 $960,728,339
1977 $3,227,436,282 $691,777,584
1976 $2,731,984,008 $594,895,942
1975 $2,404,697,651 $679,336,344
1974 $2,100,249,875 $648,590,643
1973 $1,262,968,516 $575,230,724
1972 $1,257,615,645 $465,381,340
1971 $1,095,622,896 $419,549,305
1970 $1,017,003,367 $434,410,974
1969 $929,629,630 $408,690,163
1968 $857,912,458 $329,859,732
1967 $755,808,081 $348,795,303
1966 $669,191,919 $375,479,850
1965 $604,377,104 $359,379,856
1964 $544,023,569 $371,847,461
1963 $482,828,283 $348,547,279
1962 $448,400,673 $342,721,416
1961 $410,101,010 $327,834,191
1960 $377,020,202 $322,009,962

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

GeoRank.org/economy/bolivia/sierra-leone | CC BY

GDP per capita in Bolivia vs Sierra Leone by year

Bolivia
GDP per capita

GDP per capita, PPP
Sierra Leone
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Sierra Leone
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,148 - $846 -
2024 $4,421 $12,878 $807 $3,522
2023 $4,275 $12,892 $758 $3,368
2022 $4,219 $12,307 $860 $3,144
2021 $4,011 $11,202 $885 $2,849
2020 $3,581 $9,581 $845 $2,719
2019 $4,203 $11,005 $844 $2,704
2018 $4,207 $10,758 $846 $2,640
2017 $4,048 $10,420 $779 $2,501
2016 $3,036 $9,242 $844 $2,635
2015 $2,996 $8,757 $965 $2,560
2014 $3,041 $8,629 $1,118 $2,762
2013 $2,870 $8,069 $1,117 $2,701
2012 $2,576 $7,184 $938 $2,317
2011 $2,316 $6,598 $761 $2,043
2010 $1,930 $6,245 $685 $1,900
2009 $1,731 $6,024 $653 $1,814
2008 $1,693 $5,890 $705 $1,824
2007 $1,355 $5,537 $632 $1,770
2006 $1,203 $5,244 $580 $1,698
2005 $1,020 $4,938 $463 $1,615
2004 $953 $4,663 $418 $1,541
2003 $893 $4,433 $414 $1,458
2002 $888 $4,304 $389 $1,360
2001 $930 $4,205 $358 $1,121
2000 $976 $4,113 $143.7 $1,242
1999 $979 $3,991 $155 $1,167
1998 $1,022 $3,988 $156.5 $1,180
1997 $970 $3,822 $199.9 $1,157
1996 $922 $3,645 $224.3 $1,225
1995 $853 $3,494 $208.4 $1,187
1994 $774 $3,331 $218.5 $1,266
1993 $757 $3,177 $185 $1,269
1992 $760 $3,036 $163.2 $1,220
1991 $734 $2,981 $183.7 $1,445
1990 $683 $2,797 $154.8 $1,382
1989 $675 - $231.3 -
1988 $673 - $268.2 -
1987 $650 - $172.4 -
1986 $604 - $131.5 -
1985 $838 - $235.5 -
1984 $982 - $306 -
1983 $882 - $285.8 -
1982 $930 - $380 -
1981 $1,001 - $334 -
1980 $788 - $336 -
1979 $785 - $346 -
1978 $683 - $305 -
1977 $600 - $224.2 -
1976 $520 - $196.4 -
1975 $468 - $228.4 -
1974 $418 - $222.1 -
1973 $257.2 - $200.6 -
1972 $261.9 - $165.4 -
1971 $233.4 - $151.8 -
1970 $221.6 - $160.2 -
1969 $207.1 - $153.6 -
1968 $195.5 - $126.3 -
1967 $176.1 - $136.1 -
1966 $159.3 - $149.3 -
1965 $147.1 - $145.6 -
1964 $135.2 - $153.4 -
1963 $122.6 - $146.3 -
1962 $116.2 - $146.3 -
1961 $108.5 - $142.3 -
1960 $101.8 - $142 -

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

GeoRank.org/economy/bolivia/sierra-leone | CC BY

Bolivia's GDP per capita is $5,148, ranking 121/197, compared to $846 in Sierra Leone, ranking 186/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Sierra Leone ranks 171st at $3,522.

Economic indicators

Bolivia Sierra Leone
Gross domestic product
$64.8B
2025
$7.46B
2025
GDP rank
88/197
2025
160/197
2025
GDP growth
-1.58%
2024-2025
4.61%
2024-2025
GDP per capita
$5,148
2025
$846
2025
GDP per capita rank
121/197
2025
186/197
2025
GDP per capita, PPP
$12,878
2024
$3,522
2024
GDP per capita PPP rank
122/197
2024
171/197
2024
Government debt
$54.9B
2025
$3.38B
2025
Debt-to-GDP ratio
84.8%
2025
45.2%
2025
Government debt per person
$4,364
2025
$383
2025
Government debt per person rank
93/185
2025
173/185
2025
Average annual personal income after taxes
$4,410
2026
$1,418
2026
Income share by richest 10%
30.6%
2024
29.4%
2018
Income share by poorest 10%
1.9%
2024
3.4%
2018
Government expenditure, % of GDP
32.2%
2025
16.5%
2025
Consumer prices inflation
19.5%
2024-2025
7.6%
2024-2025
Central bank interest rate
3.26%
2025
16.8%
2025
Unemployment rate
2.73%
2024
1.65%
2018
Population
12837312
9090531

Spending and national debt comparison by year

Bolivia
Spending

Debt
Sierra Leone
Spending

Debt
1x
Year % of GDP
Bolivia Sierra Leone
Government spending Government debt Government spending Government debt
2025 32.2% 84.8% 16.5% 45.2%
2024 33.5% 83.2% 17.6% 46.7%
2023 33.5% 78.3% 15.4% 49.4%
2022 31.2% 69.2% 16.7% 54%
2021 29.4% 68.7% 16.8% 47.1%
2020 31.9% 67.5% 15.6% 46.4%
2019 30.1% 48.9% 13.3% 45.3%
2018 31.4% 44.2% 13.7% 44.2%
2017 31.6% 41.9% 15% 44.2%
2016 32.9% 38.2% 14.9% 38.9%
2015 37% 34% 13.1% 28.4%
2014 34.9% 31.8% 13.5% 26.8%
2013 30.4% 31% 11.4% 22.3%
2012 31.3% 30.7% 13.5% 24.1%
2011 30.6% 30.5% 13.2% 25.8%
2010 27.5% 32.8% 12.5% 28.9%
2009 28.9% 34.1% 11.3% 31.1%
2008 31.1% 32.4% 10.3% 46.1%
2007 28.9% 35.5% 8.1% 26.4%
2006 26.6% 48.6% 9.97% 61.9%
2005 29.5% 73.2% 10.9% 78.9%
2004 29% 80.6% 11.1% 93.2%
2003 28.6% 85.5% 11.7% 99.8%
2002 29.6% 77.2% 12.6% 99.8%
2001 28.6% 74.4% 12% 113.5%
2000 26.2% 66.5% 10.3% -
1999 26.3% 61.7% - -
1998 26.8% 61.2% - -
1997 25.3% 64.6% - -
1996 23.3% 72.4% - -
1995 23.1% 81.7% - -
1994 23.9% 87.6% - -
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/sierra-leone | CC BY

In 2025, Bolivia's government spending was $20.8B, accounting for 32.2% of its GDP, while Sierra Leone spent $1.23B, or 16.5% of GDP.

Debt-to-GDP ratio is 84.8% in Bolivia and 45.2% in Sierra Leone, ranking 36/185 and 115/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Sierra Leone
1x
Year Deficit/surplus, % of GDP
Bolivia Sierra Leone
2025 -11.6% -4.2%
2024 -8.7% -5.16%
2023 -9.46% -4.99%
2022 -6.15% -5.93%
2021 -7.87% -4.35%
2020 -11% -3.5%
2019 -6.04% -1.95%
2018 -6.8% -3.57%
2017 -6.42% -5.61%
2016 -5.95% -5.41%
2015 -5.76% -2.86%
2014 -2.88% -2.77%
2013 0.51% -1.74%
2012 1.49% -3.41%
2011 0.72% -2.78%
2010 1.42% -3.09%
2009 2.29% -1.51%
2008 3.1% -2.22%
2007 -1.37% 12.6%
2006 3.99% -0.93%
2005 -2% -1.17%
2004 -4.97% -1.46%
2003 -7.04% -2.78%
2002 -7.82% -3.03%
2001 -6.11% -3.22%
2000 -3.34% -1.94%
1999 -3.43% -
1998 -4.56% -
1997 -2.94% -
1996 -1.7% -
1995 -1.63% -
1994 -2.68% -
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/sierra-leone | 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 Sierra Leone's deficit of $313M, or 4.2% of GDP.

Over the past 26 years, Bolivia recorded a fiscal deficit in 19 of those years, while Sierra Leone ran a deficit in 25 years. On average, Bolivia posted an annual deficit equal to 4.14% of GDP, compared to deficit of 2.58% of GDP for Sierra Leone.

Inflation comparison by year

Inflation
Bolivia

Sierra Leone
1x
Year Consumer prices inflation
Bolivia Sierra Leone
2025 19.5% 7.6%
2024 5.1% 28.4%
2023 2.58% 47.7%
2022 1.75% 27.2%
2021 0.74% 11.9%
2020 0.94% 13.4%
2019 1.84% 14.8%
2018 2.27% 16%
2017 2.82% 18.2%
2016 3.62% 10.9%
2015 4.06% 6.7%
2014 5.77% 4.6%
2013 5.74% 5.5%
2012 4.52% 6.6%
2011 9.88% 6.8%
2010 2.5% 7.2%
2009 3.35% 7.5%
2008 14% 8.2%
2007 8.71% 17%
2006 4.28% 10.5%
2005 5.39% 13.7%
2004 4.44% 12.9%
2003 3.34% 4%
2002 0.93% 0.1%
2001 1.59% 2.6%
2000 4.61% -0.9%
1999 2.16% 34.1%
1998 7.67% 36%
1997 4.71% 14.6%

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/sierra-leone | CC BY

Over the past 29 years, Bolivia has recorded an average annual inflation rate of 4.79%, compared with 13.6% in Sierra Leone. In 2025, inflation was 19.5% in Bolivia and 7.6% in Sierra Leone.

Balance of trade

Bolivia Sierra Leone
Current account balance
-$1.22B
2025
-$984M
2024
Current account balance ranking
124/190
2025
115/190
2024
Current account balance, % of GDP
-1.88%
2025
-14.1%
2024
Goods imports
$9.23B
2025
$2.4B
2024
Goods exports
$9.56B
2025
$1.55B
2024
Service imports
$2.25B
2025
$514M
2024
Service exports
$1.21B
2025
$49.6M
2024
Imports of goods and services, % of GDP
25.5%
2024
28.2%
2025
Exports of goods and services, % of GDP
21.4%
2024
20.9%
2025

Economic freedom indices

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

Bolivia Sierra Leone
Economic freedom 42.4 49.6
Economic freedom ranking 184/197 165/197
Property rights 20.2 32.9
Government integrity 27.1 35.8
Judicial effectiveness 29.5 42
Tax burden 86.4 88.2
Government spending 56.3 92.4
Fiscal health 0.8 54.1
Business freedom 53.6 44.8
Labor freedom 52.2 38.2
Monetary freedom 67.1 53.6
Trade freedom 60.6 63.6
Investment freedom 15 30
Financial freedom 40 20

Economic freedom comparison by year

Bolivia
Sierra Leone
1x
Year Economic freedom index
Bolivia Sierra Leone
2026 42.4 49.6
2025 44.1 48
2024 43.5 44.6
2023 43.4 50.2
2022 43 52
2021 42.7 51.7
2020 42.8 48
2019 42.3 47.5
2018 44.1 51.8
2017 47.7 52.6
2016 47.4 52.3
2015 46.8 51.7
2014 48.4 50.5
2013 47.9 48.3
2012 50.2 49.1
2011 50 49.6
2010 49.4 47.9
2009 53.6 47.8
2008 53.1 48.3
2007 54.2 47
2006 57.8 45.2
2005 58.4 44.8
2004 64.5 43.6
2003 64.3 42.2
2002 65.1 -
2001 68 -
2000 65 44.2
1999 65.6 47.2
1998 68.8 47.7
1997 65.1 45
1996 65.2 52.3
1995 56.8 49.8

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

GeoRank.org/economy/bolivia/sierra-leone | CC BY

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 49.6 for Sierra Leone, ranking 165/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Sierra Leone
Services, % of GDP
53.4%
2024
41.6%
2025
Industry, % of GDP
31.3%
2024
25.7%
2025
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
29.5%
2025
GNI, Atlas method
$55.6B
2025
$7.34B
2025
GNI per capita, PPP
$12,530
2025
$3,690
2025
Total reserves including gold
$580M
2025
$433M
2024
Total reserves ranking
155/177
2025
161/177
2024
Net foreign direct investment
-$464M
2025
-$122M
2024
Net inflows of foreign direct investment
$358M
2024
$122M
2024
Net outflows of foreign direct investment
$133M
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
2.22%
2024
Poverty at national poverty lines
37.7%
2024
56.8%
2018
Gross capital formation, % of GDP
17.9%
2024
23.2%
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/sierra-leone | 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)

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.