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Economy of Bolivia vs Solomon Islands compared: GDP & Debt

Updated on by Georank

Bolivia has a GDP of $64.8B compared to $1.75B for the Solomon Islands, ranking 88/197 and 183/197 by economy size, respectively.

Bolivia has $54.9B in government debt (84.8% of GDP), compared to $501M (28.7% of GDP) in the Solomon Islands.

Bolivia vs Solomon Islands GDP by year

Bolivia
Solomon Islands
1x
Year GDP, current $
Bolivia Solomon Islands
2025 $64,768,947,525 $1,749,572,443
2024 $54,881,327,453 $1,583,964,704
2023 $52,340,206,946 $1,506,124,566
2022 $50,959,081,954 $1,466,670,930
2021 $47,877,892,402 $1,558,312,104
2020 $42,313,784,081 $1,536,143,428
2019 $49,056,643,589 $1,619,150,564
2018 $48,414,038,842 $1,615,473,250
2017 $45,927,439,595 $1,469,790,526
2016 $33,941,126,194 $1,379,486,291
2015 $33,000,198,249 $1,307,908,814
2014 $32,996,188,017 $1,335,576,763
2013 $30,659,338,886 $1,285,905,958
2012 $27,084,497,482 $1,185,217,634
2011 $23,963,164,697 $1,063,898,227
2010 $19,649,723,722 $898,128,551
2009 $17,339,992,194 $805,557,289
2008 $16,674,276,286 $776,335,523
2007 $13,120,108,008 $695,291,218
2006 $11,451,844,902 $617,257,458
2005 $9,549,122,905 $552,881,357
2004 $8,773,451,752 $468,000,121
2003 $8,082,399,640 $417,666,639
2002 $7,905,485,146 $346,406,739
2001 $8,141,516,928 $409,508,553
2000 $8,397,855,485 $419,842,674
1999 $8,285,064,435 $488,024,514
1998 $8,497,494,652 $457,579,840
1997 $7,925,736,821 $526,554,006
1996 $7,396,949,126 $510,586,430
1995 $6,715,161,732 $469,443,202
1994 $5,981,222,859 $402,837,005
1993 $5,734,699,489 $300,746,361
1992 $5,643,868,749 $269,034,596
1991 $5,343,262,457 $227,540,473
1990 $4,867,582,598 $214,877,667
1989 $4,715,973,437 $172,882,411
1988 $4,597,612,362 $176,494,394
1987 $4,347,956,338 $155,128,542
1986 $3,959,382,833 $147,620,048
1985 $5,377,276,555 $165,524,943
1984 $6,169,483,225 $181,570,474
1983 $5,422,656,823 $181,220,399
1982 $5,594,126,369 $192,902,019
1981 $5,891,598,695 $193,750,541
1980 $4,537,479,608 $182,852,107
1979 $4,421,336,383 $151,276,496
1978 $3,758,220,890 $111,027,427
1977 $3,227,436,282 $93,145,283
1976 $2,731,984,008 $83,100,834
1975 $2,404,697,651 $74,620,320
1974 $2,100,249,875 $84,539,332
1973 $1,262,968,516 $55,272,109
1972 $1,257,615,645 $40,606,712
1971 $1,095,622,896 $50,056,883
1970 $1,017,003,367 -
1969 $929,629,630 $28,606,411
1968 $857,912,458 $28,084,253
1967 $755,808,081 $25,203,524
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 (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/bolivia/solomon-islands | CC BY

GDP per capita in Bolivia vs Solomon Islands by year

Bolivia
GDP per capita

GDP per capita, PPP
Solomon Islands
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Solomon Islands
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,148 - $2,086 -
2024 $4,421 $12,878 $1,934 $2,675
2023 $4,275 $12,892 $1,883 $2,597
2022 $4,219 $12,307 $1,878 $2,496
2021 $4,011 $11,202 $2,043 $2,450
2020 $3,581 $9,581 $2,063 $2,405
2019 $4,203 $11,005 $2,224 $2,512
2018 $4,207 $10,758 $2,278 $2,494
2017 $4,048 $10,420 $2,144 $2,454
2016 $3,036 $9,242 $2,083 $2,421
2015 $2,996 $8,757 $2,045 $2,354
2014 $3,041 $8,629 $2,165 $2,377
2013 $2,870 $8,069 $2,161 $2,394
2012 $2,576 $7,184 $2,066 $2,320
2011 $2,316 $6,598 $1,924 $2,306
2010 $1,930 $6,245 $1,685 $2,182
2009 $1,731 $6,024 $1,555 $2,021
2008 $1,693 $5,890 $1,526 $1,989
2007 $1,355 $5,537 $1,390 $1,869
2006 $1,203 $5,244 $1,256 $1,786
2005 $1,020 $4,938 $1,144 $1,693
2004 $953 $4,663 $986 $1,556
2003 $893 $4,433 $896 $1,433
2002 $888 $4,304 $757 $1,344
2001 $930 $4,205 $912 $1,387
2000 $976 $4,113 $953 $1,503
1999 $979 $3,991 $1,134 $1,754
1998 $1,022 $3,988 $1,092 $1,785
1997 $970 $3,822 $1,292 $1,793
1996 $922 $3,645 $1,289 $1,830
1995 $853 $3,494 $1,220 $1,820
1994 $774 $3,331 $1,078 $1,668
1993 $757 $3,177 $829 $1,556
1992 $760 $3,036 $764 $1,505
1991 $734 $2,981 $666 $1,346
1990 $683 $2,797 $648 $1,266
1989 $675 - $538 -
1988 $673 - $567 -
1987 $650 - $515 -
1986 $604 - $506 -
1985 $838 - $586 -
1984 $982 - $665 -
1983 $882 - $686 -
1982 $930 - $756 -
1981 $1,001 - $786 -
1980 $788 - $768 -
1979 $785 - $658 -
1978 $683 - $500 -
1977 $600 - $434 -
1976 $520 - $401 -
1975 $468 - $372 -
1974 $418 - $433 -
1973 $257.2 - $291.3 -
1972 $261.9 - $219.5 -
1971 $233.4 - $277.1 -
1970 $221.6 - - -
1969 $207.1 - $165.9 -
1968 $195.5 - $166.9 -
1967 $176.1 - $153.5 -
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 (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/bolivia/solomon-islands | CC BY

Bolivia's GDP per capita is $5,148, ranking 121/197, compared to $2,086 in the Solomon Islands, ranking 157/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while the Solomon Islands ranks 183rd at $2,675.

Economic indicators

Bolivia Solomon Islands
Gross domestic product
$64.8B
2025
$1.75B
2025
GDP rank
88/197
2025
183/197
2025
GDP growth
-1.58%
2024-2025
3.62%
2024-2025
GDP per capita
$5,148
2025
$2,086
2025
GDP per capita rank
121/197
2025
157/197
2025
GDP per capita, PPP
$12,878
2024
$2,675
2024
GDP per capita PPP rank
122/197
2024
183/197
2024
Government debt
$54.9B
2025
$501M
2025
Debt-to-GDP ratio
84.8%
2025
28.7%
2025
Government debt per person
$4,364
2025
$598
2025
Government debt per person rank
93/185
2025
162/185
2025
Average annual personal income after taxes
$4,410
2026
$1,986
2026
Income share by richest 10%
30.6%
2024
29.2%
2012
Income share by poorest 10%
1.9%
2024
2.8%
2012
Government expenditure, % of GDP
32.2%
2025
40.6%
2025
Consumer prices inflation
19.5%
2024-2025
3.36%
2024-2025
Central bank interest rate
3.26%
2025
n/a
Unemployment rate
2.73%
2024
0.69%
2013
Population
12837312
868694

Spending and national debt comparison by year

Bolivia
Spending

Debt
Solomon Islands
Spending

Debt
1x
Year % of GDP
Bolivia Solomon Islands
Government spending Government debt Government spending Government debt
2025 32.2% 84.8% 40.6% 28.7%
2024 33.5% 83.2% 39.6% 26.1%
2023 33.5% 78.3% 44.2% 22.3%
2022 31.2% 69.2% 43.5% 16.5%
2021 29.4% 68.7% 36.9% 16.1%
2020 31.9% 67.5% 40.4% 9.15%
2019 30.1% 48.9% 35.6% 7.82%
2018 31.4% 44.2% 34.8% 7.95%
2017 31.6% 41.9% 40.4% 8.77%
2016 32.9% 38.2% 39.6% 7.54%
2015 37% 34% 41.5% 7.88%
2014 34.9% 31.8% 39.8% 10.1%
2013 30.4% 31% 41.8% 11.6%
2012 31.3% 30.7% 29.4% 13.3%
2011 30.6% 30.5% 26.7% 18.1%
2010 27.5% 32.8% 22.6% 21.6%
2009 28.9% 34.1% 22.7% 17.2%
2008 31.1% 32.4% 24.3% 26.1%
2007 28.9% 35.5% 21.1% 29.5%
2006 26.6% 48.6% 17.4% 36.9%
2005 29.5% 73.2% 14.7% 38.5%
2004 29% 80.6% 12.5% 49.4%
2003 28.6% 85.5% 12.6% 51.8%
2002 29.6% 77.2% 14.1% 55.5%
2001 28.6% 74.4% 15.3% 44.6%
2000 26.2% 66.5% 15.8% 37.4%
1999 26.3% 61.7% 15.8% 35.4%
1998 26.8% 61.2% 13.1% 33.3%
1997 25.3% 64.6% 16.3% 21.9%
1996 23.3% 72.4% 20.4% -
1995 23.1% 81.7% 20.8% -
1994 23.9% 87.6% 25.5% -
1993 24.3% 83.8% 28.1% -
1992 22.6% 92.4% 29.6% -
1991 21.6% 92.8% 33.2% -
1990 20.4% 102.9% 25.4% -
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/solomon-islands | CC BY

In 2025, Bolivia's government spending was $20.8B, accounting for 32.2% of its GDP, while the Solomon Islands spent $711M, or 40.6% of GDP.

Debt-to-GDP ratio is 84.8% in Bolivia and 28.7% in the Solomon Islands, ranking 36/185 and 158/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Solomon Islands
1x
Year Deficit/surplus, % of GDP
Bolivia Solomon Islands
2025 -11.6% -3.24%
2024 -8.7% -2.09%
2023 -9.46% -4.13%
2022 -6.15% -2.7%
2021 -7.87% -1.82%
2020 -11% -2.44%
2019 -6.04% -1.52%
2018 -6.8% 1.49%
2017 -6.42% -2.27%
2016 -5.95% -3.56%
2015 -5.76% 0.81%
2014 -2.88% 2.13%
2013 0.51% 3.57%
2012 1.49% 4.63%
2011 0.72% 6.14%
2010 1.42% 5.67%
2009 2.29% 2.15%
2008 3.1% 1.75%
2007 -1.37% 13.7%
2006 3.99% 11.3%
2005 -2% 11.5%
2004 -4.97% 14.5%
2003 -7.04% 8.91%
2002 -7.82% -3.67%
2001 -6.11% -2.02%
2000 -3.34% -2.47%
1999 -3.43% -0.27%
1998 -4.56% 4.25%
1997 -2.94% 1.8%
1996 -1.7% 3.15%
1995 -1.63% 2.69%
1994 -2.68% 3.65%
1993 -5.46% 2.07%
1992 -3.94% 3.48%
1991 -3.76% 0.12%
1990 -3.94% 0.49%
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/solomon-islands | 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 Solomon Islands' deficit of $56.6M, or 3.24% of GDP.

Over the past 36 years, Bolivia recorded a fiscal deficit in 29 of those years, while the Solomon Islands ran a deficit in 13 years. On average, Bolivia posted an annual deficit equal to 3.94% of GDP, compared to surplus of 2.16% of GDP for the Solomon Islands.

Inflation comparison by year

Inflation
Bolivia

Solomon Islands
1x
Year Consumer prices inflation
Bolivia Solomon Islands
2025 19.5% 3.36%
2024 5.1% 4.32%
2023 2.58% 5.89%
2022 1.75% 5.52%
2021 0.74% -0.12%
2020 0.94% 2.96%
2019 1.84% 1.63%
2018 2.27% 3.46%
2017 2.82% 0.49%
2016 3.62% 0.51%
2015 4.06% -0.57%
2014 5.77% 5.17%
2013 5.74% 5.39%
2012 4.52% 5.91%
2011 9.88% 7.34%
2010 2.5% 1.05%
2009 3.35% 7.09%
2008 14% 17.3%
2007 8.71% 7.67%
2006 4.28% 11.2%
2005 5.39% 7.33%
2004 4.44% 6.99%
2003 3.34% 8.27%
2002 0.93% 10.9%
2001 1.59% 6.93%
2000 4.61% 7.89%
1999 2.16% 8.02%
1998 7.67% 12.4%
1997 4.71% 8.08%

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

GeoRank.org/economy/bolivia/solomon-islands | CC BY

Over the past 29 years, Bolivia has recorded an average annual inflation rate of 4.79%, compared with 5.95% in the Solomon Islands. In 2025, inflation was 19.5% in Bolivia and 3.36% in the Solomon Islands.

Top exports between countries

Bolivia
Export category Export value
Processed food, beverages & tobacco $655K
Solomon Islands
Export category Export value

Balance of trade

Bolivia Solomon Islands
Current account balance
-$1.22B
2025
-$66.2M
2024
Current account balance ranking
124/190
2025
78/190
2024
Current account balance, % of GDP
-1.88%
2025
-4.18%
2024
Goods imports
$9.23B
2025
$609M
2024
Goods exports
$9.56B
2025
$510M
2024
Service imports
$2.25B
2025
$248M
2024
Service exports
$1.21B
2025
$133M
2024
Imports of goods and services, % of GDP
25.5%
2024
70.8%
2024
Exports of goods and services, % of GDP
21.4%
2024
40.6%
2024

Economic freedom indices

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

Bolivia Solomon Islands
Economic freedom 42.4 53.7
Economic freedom ranking 184/197 137/197
Property rights 20.2 55.8
Government integrity 27.1 42.7
Judicial effectiveness 29.5 59.1
Tax burden 86.4 71.3
Government spending 56.3 54.6
Fiscal health 0.8 83.3
Business freedom 53.6 52.3
Labor freedom 52.2 60.4
Monetary freedom 67.1 76.5
Trade freedom 60.6 43.6
Investment freedom 15 15
Financial freedom 40 30

Economic freedom comparison by year

Bolivia
Solomon Islands
1x
Year Economic freedom index
Bolivia Solomon Islands
2026 42.4 53.7
2025 44.1 56.3
2024 43.5 55
2023 43.4 56.9
2022 43 56.5
2021 42.7 56.5
2020 42.8 52.9
2019 42.3 54.6
2018 44.1 57.5
2017 47.7 55
2016 47.4 47
2015 46.8 47
2014 48.4 46.2
2013 47.9 45
2012 50.2 46.2
2011 50 45.9
2010 49.4 42.9
2009 53.6 46
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/solomon-islands | CC BY

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 53.7 for the Solomon Islands, ranking 137/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Solomon Islands
Services, % of GDP
53.4%
2024
46.9%
2024
Industry, % of GDP
31.3%
2024
23.4%
2024
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
29.7%
2024
GNI, Atlas method
$55.6B
2025
$1.7B
2025
GNI per capita, PPP
$12,530
2025
$2,790
2025
Total reserves including gold
$580M
2025
$686M
2024
Total reserves ranking
155/177
2025
148/177
2024
Net foreign direct investment
-$464M
2025
$19.9M
2024
Net inflows of foreign direct investment
$358M
2024
$33M
2024
Net outflows of foreign direct investment
$133M
2024
$52.9M
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
1.64%
2024
Poverty at national poverty lines
37.7%
2024
12.7%
2012
Gross capital formation, % of GDP
17.9%
2024
19.5%
2024

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/solomon-islands | 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 (2025, 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.