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Economy of Bolivia vs Slovenia compared: GDP & Debt

Updated on by Georank team

Bolivia has a GDP of $54.9B compared to $73B for Slovenia, ranking 88/197 and 86/197 by economy size, respectively.

Bolivia has $53.8B in government debt (98% of GDP), compared to $48.6B (66.6% of GDP) in Slovenia.

Bolivia vs Slovenia GDP by year

Bolivia
Slovenia
1x
Year GDP, current $
Bolivia Slovenia
2024 $54,881,327,453 $72,972,015,197
2023 $52,340,206,946 $69,255,264,238
2022 $50,959,081,954 $59,899,117,741
2021 $47,877,892,402 $61,540,813,362
2020 $42,313,784,081 $53,384,760,135
2019 $49,056,643,589 $53,909,922,736
2018 $48,414,038,842 $53,689,067,640
2017 $45,927,439,595 $48,153,200,135
2016 $33,941,126,194 $44,290,685,824
2015 $33,000,198,249 $42,709,468,275
2014 $32,996,188,017 $49,514,466,380
2013 $30,659,338,886 $47,867,056,859
2012 $27,084,497,482 $46,167,053,954
2011 $23,963,164,697 $51,199,194,599
2010 $19,649,723,722 $47,793,117,241
2009 $17,339,992,194 $49,975,540,955
2008 $16,674,276,286 $55,509,332,322
2007 $13,120,108,008 $47,880,266,543
2006 $11,451,844,902 $39,260,368,837
2005 $9,549,122,905 $35,947,936,824
2004 $8,773,451,752 $34,156,553,313
2003 $8,082,399,640 $29,360,575,032
2002 $7,905,485,146 $23,214,593,516
2001 $8,141,516,928 $20,668,868,707
2000 $8,397,855,485 $20,159,190,702
1999 $8,285,064,435 $22,609,669,084
1998 $8,497,494,652 $22,058,635,314
1997 $7,925,736,821 $20,726,878,752
1996 $7,396,949,126 $21,470,699,363
1995 $6,715,161,732 $21,367,422,159
1994 $5,981,222,859 $16,400,767,070
1993 $5,734,699,489 $14,449,298,372
1992 $5,643,868,749 $14,277,261,541
1991 $5,343,262,457 $14,454,495,059
1990 $4,867,582,598 $19,832,029,087
1989 $4,715,973,437 -
1988 $4,597,612,362 -
1987 $4,347,956,338 -
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Bolivia vs Slovenia by year

Bolivia
GDP per capita

GDP per capita, PPP
Slovenia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Slovenia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,421 $12,878 $34,301 $57,186
2023 $4,275 $12,892 $32,660 $56,064
2022 $4,219 $12,307 $28,360 $52,347
2021 $4,011 $11,202 $29,193 $45,914
2020 $3,581 $9,581 $25,392 $41,767
2019 $4,203 $11,005 $25,814 $42,373
2018 $4,207 $10,758 $25,888 $38,620
2017 $4,048 $10,420 $23,303 $36,180
2016 $3,036 $9,242 $21,448 $33,575
2015 $2,996 $8,757 $20,697 $31,336
2014 $3,041 $8,629 $24,013 $30,572
2013 $2,870 $8,069 $23,237 $29,634
2012 $2,576 $7,184 $22,442 $28,787
2011 $2,316 $6,598 $24,941 $28,716
2010 $1,930 $6,245 $23,330 $27,579
2009 $1,731 $6,024 $24,502 $27,229
2008 $1,693 $5,890 $27,462 $29,461
2007 $1,355 $5,537 $23,725 $27,468
2006 $1,203 $5,244 $19,563 $25,571
2005 $1,020 $4,938 $17,970 $23,682
2004 $953 $4,663 $17,104 $22,588
2003 $893 $4,433 $14,712 $20,916
2002 $888 $4,304 $11,639 $20,004
2001 $930 $4,205 $10,376 $18,763
2000 $976 $4,113 $10,136 $17,892
1999 $979 $3,991 $11,401 $17,007
1998 $1,022 $3,988 $11,132 $15,994
1997 $970 $3,822 $10,437 $15,257
1996 $922 $3,645 $10,797 $14,284
1995 $853 $3,494 $10,738 $13,637
1994 $774 $3,331 $8,244 $13,975
1993 $757 $3,177 $7,255 $12,976
1992 $760 $3,036 $7,151 $12,296
1991 $734 $2,981 $7,229 $12,698
1990 $683 $2,797 $9,925 $13,491
1989 $675 - - -
1988 $673 - - -
1987 $650 - - -
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 (1960–2024, retrieved 2026-04-06).

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

Bolivia's GDP per capita is $4,421, ranking 125/197, compared to $34,301 in Slovenia, ranking 34/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Slovenia ranks 37th at $57,186.

Economic indicators

Bolivia Slovenia
Gross domestic product
$54.9B
2024
$73B
2024
GDP rank
88/197
2024
86/197
2024
GDP growth
-1.12%
2023-2024
1.73%
2023-2024
GDP per capita
$4,421
2024
$34,301
2024
GDP per capita rank
125/197
2024
34/197
2024
GDP per capita, PPP
$12,878
2024
$57,186
2024
GDP per capita PPP rank
122/197
2024
37/197
2024
Government debt
$53.8B
2024
$48.6B
2024
Debt-to-GDP ratio
98%
2024
66.6%
2024
Government debt per person
$4,331
2024
$22,842
2024
Government debt per person rank
88/185
2024
29/185
2024
Average annual personal income after taxes
$4,720
2026
$22,215
2026
Market capitalization of domestic companies n/a
$11.4B
2024
Income share by richest 10%
31.3%
2023
20.6%
2023
Income share by poorest 10%
1.8%
2023
4.1%
2023
Government expenditure, % of GDP
39.8%
2024
46.5%
2024
Consumer prices inflation
5.1%
2023-2024
1.97%
2023-2024
Central bank interest rate
3.26%
2025
n/a
Unemployment rate
2.73%
2024
3.7%
2024
Population
12798112
2124138

Spending and national debt comparison by year

Bolivia
Spending

Debt
Slovenia
Spending

Debt
1x
Year % of GDP
Bolivia Slovenia
Government spending Government debt Government spending Government debt
2024 39.8% 98% 46.5% 66.6%
2023 38.7% 90.8% 46.4% 68.3%
2022 36% 80.1% 47.7% 72.8%
2021 34.8% 81.4% 49.9% 74.8%
2020 36.8% 78% 51.8% 80.2%
2019 36.1% 58.6% 43.8% 66%
2018 37.7% 53.1% 44.1% 71%
2017 38.6% 51.3% 44.6% 74.9%
2016 40% 46.5% 46.9% 79.4%
2015 44.5% 40.9% 49.5% 83.4%
2014 41.2% 37.6% 50.6% 81.1%
2013 35.4% 36.1% 57.7% 70.8%
2012 36% 35.4% 50% 54.1%
2011 35.4% 35.3% 51.4% 46.8%
2010 31.5% 37.6% 50.7% 38.6%
2009 33.2% 39.2% 50% 34.9%
2008 35.3% 36.8% 45.2% 21.9%
2007 32.7% 40% 43.5% 22.9%
2006 29.8% 54.4% 45.7% 26.2%
2005 33.2% 82.2% 46.7% 26.6%
2004 32.3% 89.8% 46.9% 27.1%
2003 32% 95.6% 47.6% 27%
2002 33.3% 86.7% 47.8% 27.7%
2001 32% 83% 49.2% 26.3%
2000 29.3% 74.3% 47.8% 26.1%
1999 29.4% 61.7% 47.2% 23.8%
1998 30% 61.2% 46.4% 22.8%
1997 28.3% 64.6% 45.4% 22.1%
1996 26% 72.4% 45.2% 21.6%
1995 25.8% 81.7% 53% 18.2%
1994 26.8% 87.6% - -
1993 27.2% 83.8% - -
1992 25.3% 92.4% - -
1991 24.2% 92.8% - -
1990 22.8% 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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Bolivia's government spending was $21.9B, accounting for 39.8% of its GDP, while Slovenia spent $33.9B, or 46.5% of GDP.

Debt-to-GDP ratio is 98% in Bolivia and 66.6% in Slovenia, ranking 26/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Slovenia
1x
Year Deficit/surplus, % of GDP
Bolivia Slovenia
2024 -10.6% -0.93%
2023 -10.9% -2.59%
2022 -7.12% -3.02%
2021 -9.33% -4.61%
2020 -12.7% -7.68%
2019 -7.25% 0.68%
2018 -8.17% 0.9%
2017 -7.86% 0.05%
2016 -7.24% -2%
2015 -6.93% -2.84%
2014 -3.41% -4.53%
2013 0.6% -11.2%
2012 1.72% -4.2%
2011 0.83% -6.69%
2010 1.62% -5.56%
2009 2.63% -5.87%
2008 3.53% -1.44%
2007 -1.54% -0.08%
2006 4.47% -1.26%
2005 -2.24% -1.38%
2004 -5.54% -1.98%
2003 -7.88% -2.66%
2002 -8.79% -2.47%
2001 -6.82% -4.58%
2000 -3.73% -3.77%
1999 -3.84% -3.04%
1998 -5.1% -2.39%
1997 -3.28% -2.37%
1996 -1.9% -1.16%
1995 -1.82% -8.19%
1994 -3% -
1993 -6.1% -
1992 -4.4% -
1991 -4.2% -
1990 -4.4% -
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1989, retrieved 2026-02-20).

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

In 2024, Bolivia's government deficit, the difference between spending and revenue, was $5.83B, equivalent to 10.6% of GDP. This compares to Slovenia's deficit of $681M, or 0.93% of GDP.

Over the past 30 years, Bolivia recorded a fiscal deficit in 23 of those years, while Slovenia ran a deficit in 27 years. On average, Bolivia posted an annual deficit equal to 4.29% of GDP, compared to deficit of 3.23% of GDP for Slovenia.

Inflation comparison by year

Inflation
Bolivia

Slovenia
1x
Year Consumer prices inflation
Bolivia Slovenia
2024 5.1% 1.97%
2023 2.58% 7.45%
2022 1.75% 8.83%
2021 0.74% 1.92%
2020 0.94% -0.05%
2019 1.84% 1.63%
2018 2.27% 1.74%
2017 2.82% 1.43%
2016 3.62% -0.05%
2015 4.06% -0.53%
2014 5.77% 0.2%
2013 5.74% 1.77%
2012 4.52% 2.6%
2011 9.88% 1.8%
2010 2.5% 1.8%
2009 3.35% 0.84%
2008 14% 5.65%
2007 8.71% 3.66%
2006 4.28% 2.46%
2005 5.39% 2.45%
2004 4.44% 3.59%
2003 3.34% 5.54%
2002 0.93% 7.48%
2001 1.59% 8.38%
2000 4.61% 8.91%
1999 2.16% 6.16%
1998 7.67% 7.89%
1997 4.71% 8.36%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Bolivia has recorded an average annual inflation rate of 4.26%, compared with 3.71% in Slovenia. In 2024, inflation was 5.1% in Bolivia and 1.97% in Slovenia.

Top exports between countries

Bolivia
Export category Export value
Raw agricultural goods $2.06M
Wood & paper products $82K
Machinery & equipment $59K
Processed food, beverages & tobacco $14K
Metals $8K
Slovenia
Export category Export value
Machinery & equipment $200K
Raw materials & minerals $36K
Processed food, beverages & tobacco $24K
Textiles & consumer goods $7K
Chemicals & pharma $2K
Metals $1K
Wood & paper products $1K

Balance of trade

Bolivia Slovenia
Current account balance
-$1.41B
2024
$3.32B
2024
Current account balance ranking
132/190
2024
37/190
2024
Current account balance, % of GDP
-2.56%
2024
+4.55%
2024
Goods imports
$9.15B
2024
$45.2B
2024
Goods exports
$8.93B
2024
$45.6B
2024
Service imports
$2.35B
2024
$9.52B
2024
Service exports
$1.14B
2024
$13.6B
2024
Imports of goods and services, % of GDP
25.5%
2024
74.7%
2024
Exports of goods and services, % of GDP
21.4%
2024
80.9%
2024

Economic freedom indices

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

Bolivia Slovenia
Economic freedom 42.4 69.7
Economic freedom ranking 184/197 40/197
Property rights 20.2 87.6
Government integrity 27.1 66.1
Judicial effectiveness 29.5 91.6
Tax burden 86.4 55.5
Government spending 56.3 34.1
Fiscal health 0.8 83.5
Business freedom 53.6 78.7
Labor freedom 52.2 62.7
Monetary freedom 67.1 77.5
Trade freedom 60.6 79.4
Investment freedom 15 70
Financial freedom 40 50

Economic freedom comparison by year

Bolivia
Slovenia
1x
Year Economic freedom index
Bolivia Slovenia
2026 42.4 69.7
2025 44.1 68.3
2024 43.5 65.9
2023 43.4 68.5
2022 43 70.5
2021 42.7 68.3
2020 42.8 67.8
2019 42.3 65.5
2018 44.1 64.8
2017 47.7 59.2
2016 47.4 60.6
2015 46.8 60.3
2014 48.4 62.7
2013 47.9 61.7
2012 50.2 62.9
2011 50 64.6
2010 49.4 64.7
2009 53.6 62.9
2008 53.1 60.2
2007 54.2 59.6
2006 57.8 61.9
2005 58.4 59.6
2004 64.5 59.2
2003 64.3 57.7
2002 65.1 57.8
2001 68 61.8
2000 65 58.3
1999 65.6 61.3
1998 68.8 60.7
1997 65.1 55.6
1996 65.2 50.4
1995 56.8 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 69.7 for Slovenia, ranking 40/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Slovenia
Services, % of GDP
53.4%
2024
57.9%
2024
Industry, % of GDP
31.3%
2024
29.1%
2024
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
1.54%
2024
GNI, Atlas method
$51.7B
2024
$67.6B
2024
GNI per capita, PPP
$12,620
2024
$56,520
2024
Total reserves including gold
$1.98B
2024
$2.83B
2024
Total reserves ranking
127/177
2024
118/177
2024
Net foreign direct investment
-$113M
2024
-$405M
2024
Net inflows of foreign direct investment
$387M
2024
$1.87B
2024
Net outflows of foreign direct investment
$133M
2024
$1.46B
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
n/a
Poverty at national poverty lines
36.5%
2023
12.7%
2022
Gross capital formation, % of GDP
17.9%
2024
21.5%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.