Skip to content

Economy of Bolivia vs Sri Lanka compared: GDP & Debt

Updated on by Georank team

Bolivia has a GDP of $54.9B compared to $99B for Sri Lanka, ranking 88/197 and 72/197 by economy size, respectively.

Bolivia has $53.8B in government debt (98% of GDP), compared to $99.8B (100.8% of GDP) in Sri Lanka.

Bolivia vs Sri Lanka GDP by year

Bolivia
Sri Lanka
1x
Year GDP, current $
Bolivia Sri Lanka
2024 $54,881,327,453 $98,963,185,510
2023 $52,340,206,946 $83,716,142,582
2022 $50,959,081,954 $74,143,020,263
2021 $47,877,892,402 $88,556,698,938
2020 $42,313,784,081 $84,335,574,582
2019 $49,056,643,589 $88,998,706,297
2018 $48,414,038,842 $94,450,015,983
2017 $45,927,439,595 $94,369,350,286
2016 $33,941,126,194 $88,000,211,172
2015 $33,000,198,249 $85,090,301,052
2014 $32,996,188,017 $82,531,125,191
2013 $30,659,338,886 $76,976,203,829
2012 $27,084,497,482 $70,447,217,164
2011 $23,963,164,697 $67,753,285,897
2010 $19,649,723,722 $58,636,049,434
2009 $17,339,992,194 $42,066,224,093
2008 $16,674,276,286 $40,713,826,215
2007 $13,120,108,008 $32,350,238,760
2006 $11,451,844,902 $28,267,410,543
2005 $9,549,122,905 $24,405,791,045
2004 $8,773,451,752 $20,662,525,941
2003 $8,082,399,640 $18,881,765,437
2002 $7,905,485,146 $16,536,535,647
2001 $8,141,516,928 $15,749,753,805
2000 $8,397,855,485 $16,595,882,819
1999 $8,285,064,435 $15,711,933,513
1998 $8,497,494,652 $15,760,736,956
1997 $7,925,736,821 $15,091,913,884
1996 $7,396,949,126 $13,897,738,375
1995 $6,715,161,732 $13,029,697,561
1994 $5,981,222,859 $11,717,604,209
1993 $5,734,699,489 $10,338,679,636
1992 $5,643,868,749 $9,703,011,636
1991 $5,343,262,457 $9,000,362,582
1990 $4,867,582,598 $8,032,551,173
1989 $4,715,973,437 $6,987,267,684
1988 $4,597,612,362 $6,978,371,581
1987 $4,347,956,338 $6,682,167,120
1986 $3,959,382,833 $6,405,210,564
1985 $5,377,276,555 $5,978,460,972
1984 $6,169,483,225 $6,043,474,843
1983 $5,422,656,823 $5,167,913,302
1982 $5,594,126,369 $4,768,765,017
1981 $5,891,598,695 $4,415,844,156
1980 $4,537,479,608 $4,024,621,900
1979 $4,421,336,383 $3,364,611,432
1978 $3,758,220,890 $2,733,183,857
1977 $3,227,436,282 $4,104,509,583
1976 $2,731,984,008 $3,591,319,857
1975 $2,404,697,651 $3,791,298,146
1974 $2,100,249,875 $3,574,586,466
1973 $1,262,968,516 $2,875,625,000
1972 $1,257,615,645 $2,553,936,348
1971 $1,095,622,896 $2,369,308,600
1970 $1,017,003,367 $2,296,470,588
1969 $929,629,630 $1,965,546,218
1968 $857,912,458 $1,801,344,538
1967 $755,808,081 $1,859,465,021
1966 $669,191,919 $1,751,470,588
1965 $604,377,104 $1,698,319,328
1964 $544,023,569 $1,309,747,899
1963 $482,828,283 $1,240,672,269
1962 $448,400,673 $1,434,156,379
1961 $410,101,010 $1,444,327,731
1960 $377,020,202 $1,409,873,950

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/bolivia/sri-lanka | CC BY

GDP per capita in Bolivia vs Sri Lanka by year

Bolivia
GDP per capita

GDP per capita, PPP
Sri Lanka
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Sri Lanka
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,421 $12,878 $4,516 $15,633
2023 $4,275 $12,892 $3,799 $14,456
2022 $4,219 $12,307 $3,343 $14,194
2021 $4,011 $11,202 $3,997 $14,316
2020 $3,581 $9,581 $3,848 $12,941
2019 $4,203 $11,005 $4,082 $14,113
2018 $4,207 $10,758 $4,359 $14,178
2017 $4,048 $10,420 $4,399 $13,610
2016 $3,036 $9,242 $4,149 $13,079
2015 $2,996 $8,757 $4,058 $12,227
2014 $3,041 $8,629 $3,972 $11,721
2013 $2,870 $8,069 $3,739 $11,253
2012 $2,576 $7,184 $3,328 $10,249
2011 $2,316 $6,598 $3,225 $9,076
2010 $1,930 $6,245 $2,808 $8,234
2009 $1,731 $6,024 $2,027 $7,576
2008 $1,693 $5,890 $1,974 $7,317
2007 $1,355 $5,537 $1,579 $6,820
2006 $1,203 $5,244 $1,389 $6,261
2005 $1,020 $4,938 $1,207 $5,679
2004 $953 $4,663 $1,029 $5,216
2003 $893 $4,433 $946 $4,850
2002 $888 $4,304 $835 $4,522
2001 $930 $4,205 $804 $4,328
2000 $976 $4,113 $860 $4,368
1999 $979 $3,991 $829 $4,103
1998 $1,022 $3,988 $848 $3,952
1997 $970 $3,822 $827 $3,804
1996 $922 $3,645 $776 $3,582
1995 $853 $3,494 $742 $3,454
1994 $774 $3,331 $678 $3,260
1993 $757 $3,177 $607 $3,067
1992 $760 $3,036 $580 $2,851
1991 $734 $2,981 $546 $2,713
1990 $683 $2,797 $491 $2,527
1989 $675 - $430 -
1988 $673 - $434 -
1987 $650 - $420 -
1986 $604 - $407 -
1985 $838 - $385 -
1984 $982 - $391 -
1983 $882 - $336 -
1982 $930 - $312 -
1981 $1,001 - $292.5 -
1980 $788 - $271.1 -
1979 $785 - $230.8 -
1978 $683 - $191 -
1977 $600 - $292.1 -
1976 $520 - $260.3 -
1975 $468 - $279.8 -
1974 $418 - $268.7 -
1973 $257.2 - $220.2 -
1972 $261.9 - $199.4 -
1971 $233.4 - $188.8 -
1970 $221.6 - $186.9 -
1969 $207.1 - $163.6 -
1968 $195.5 - $153.5 -
1967 $176.1 - $162.3 -
1966 $159.3 - $156.6 -
1965 $147.1 - $155.6 -
1964 $135.2 - $122.9 -
1963 $122.6 - $119.4 -
1962 $116.2 - $141.4 -
1961 $108.5 - $145.9 -
1960 $101.8 - $145.9 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/bolivia/sri-lanka | CC BY

Bolivia's GDP per capita is $4,421, ranking 125/197, compared to $4,516 in Sri Lanka, ranking 124/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Sri Lanka ranks 111th at $15,633.

Economic indicators

Bolivia Sri Lanka
Gross domestic product
$54.9B
2024
$99B
2024
GDP rank
88/197
2024
72/197
2024
GDP growth
-1.12%
2023-2024
5.01%
2023-2024
GDP per capita
$4,421
2024
$4,516
2024
GDP per capita rank
125/197
2024
124/197
2024
GDP per capita, PPP
$12,878
2024
$15,633
2024
GDP per capita PPP rank
122/197
2024
111/197
2024
Government debt
$53.8B
2024
$99.8B
2024
Debt-to-GDP ratio
98%
2024
100.8%
2024
Government debt per person
$4,331
2024
$4,554
2024
Government debt per person rank
88/185
2024
85/185
2024
Average annual personal income after taxes
$4,720
2026
$2,874
2026
Market capitalization of domestic companies n/a
$19.5B
2024
Income share by richest 10%
31.3%
2023
30.8%
2019
Income share by poorest 10%
1.8%
2023
3.1%
2019
Government expenditure, % of GDP
39.8%
2024
19.3%
2024
Consumer prices inflation
5.1%
2023-2024
-0.43%
2023-2024
Central bank interest rate
3.26%
2025
7.75%
2025
Unemployment rate
2.73%
2024
4.67%
2023
Population
12798112
22185425

Spending and national debt comparison by year

Bolivia
Spending

Debt
Sri Lanka
Spending

Debt
1x
Year % of GDP
Bolivia Sri Lanka
Government spending Government debt Government spending Government debt
2024 39.8% 98% 19.3% 100.8%
2023 38.7% 90.8% 19.5% 110.4%
2022 36% 80.1% 18.6% 115.9%
2021 34.8% 81.4% 20% 102.7%
2020 36.8% 78% 22.1% 96.9%
2019 36.1% 58.6% 19.5% 82.6%
2018 37.7% 53.1% 17.5% 83.6%
2017 38.6% 51.3% 17.9% 72.3%
2016 40% 46.5% 18.2% 75%
2015 44.5% 40.9% 19.3% 76.3%
2014 41.2% 37.6% 17.2% 69.6%
2013 35.4% 36.1% 16.6% 69.5%
2012 36% 35.4% 17.3% 67.5%
2011 35.4% 35.3% 19.1% 69.4%
2010 31.5% 37.6% 19.3% 68.7%
2009 33.2% 39.2% 21% 72.8%
2008 35.3% 36.8% 19.1% 68.8%
2007 32.7% 40% 19.9% 71.8%
2006 29.8% 54.4% 20.5% 74.3%
2005 33.2% 82.2% 20.1% 76.6%
2004 32.3% 89.8% 19.3% 86.5%
2003 32% 95.6% 19.3% 86.5%
2002 33.3% 86.7% 20.8% 96.3%
2001 32% 83% 22.4% 84.4%
2000 29.3% 74.3% 21.7% 79.2%
1999 29.4% 61.7% 20.5% 77.7%
1998 30% 61.2% 21.4% 74.2%
1997 28.3% 64.6% 21.4% 70.1%
1996 26% 72.4% 23.1% 76.2%
1995 25.8% 81.7% 24.8% 77.8%
1994 26.8% 87.6% 24.1% 77.9%
1993 27.2% 83.8% 23.2% 79.2%
1992 25.3% 92.4% 23% 77.9%
1991 24.2% 92.8% 26.4% 80.5%
1990 22.8% 102.9% 25.4% 78.9%
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/sri-lanka | CC BY

In 2024, Bolivia's government spending was $21.9B, accounting for 39.8% of its GDP, while Sri Lanka spent $19.1B, or 19.3% of GDP.

Debt-to-GDP ratio is 98% in Bolivia and 100.8% in Sri Lanka, ranking 26/185 and 23/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Sri Lanka
1x
Year Deficit/surplus, % of GDP
Bolivia Sri Lanka
2024 -10.6% -5.64%
2023 -10.9% -8.32%
2022 -7.12% -10.2%
2021 -9.33% -11.7%
2020 -12.7% -13.4%
2019 -7.25% -7.52%
2018 -8.17% -4.96%
2017 -7.86% -5.1%
2016 -7.24% -5%
2015 -6.93% -6.64%
2014 -3.41% -5.99%
2013 0.6% -5%
2012 1.72% -5.44%
2011 0.83% -6.01%
2010 1.62% -6.73%
2009 2.63% -8.33%
2008 3.53% -5.93%
2007 -1.54% -5.81%
2006 4.47% -5.91%
2005 -2.24% -5.93%
2004 -5.54% -6.32%
2003 -7.88% -6.15%
2002 -8.79% -6.9%
2001 -6.82% -8.48%
2000 -3.73% -7.78%
1999 -3.84% -5.58%
1998 -5.1% -6.79%
1997 -3.28% -5.71%
1996 -1.9% -6.89%
1995 -1.82% -7.11%
1994 -3% -7.41%
1993 -6.1% -5.77%
1992 -4.4% -4.95%
1991 -4.2% -7.97%
1990 -4.4% -6.39%
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/sri-lanka | 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 Sri Lanka's deficit of $5.58B, or 5.64% of GDP.

Over the past 35 years, Bolivia recorded a fiscal deficit in 28 of those years, while Sri Lanka ran a deficit in 35 years. On average, Bolivia posted an annual deficit equal to 4.31% of GDP, compared to deficit of 6.85% of GDP for Sri Lanka.

Inflation comparison by year

Inflation
Bolivia

Sri Lanka
1x
Year Consumer prices inflation
Bolivia Sri Lanka
2024 5.1% -0.43%
2023 2.58% 16.5%
2022 1.75% 49.7%
2021 0.74% 7.01%
2020 0.94% 6.15%
2019 1.84% 3.53%
2018 2.27% 2.14%
2017 2.82% 7.7%
2016 3.62% 3.96%
2015 4.06% 3.77%
2014 5.77% 3.18%
2013 5.74% 6.91%
2012 4.52% 7.54%
2011 9.88% 6.72%
2010 2.5% 6.22%
2009 3.35% 3.46%
2008 14% 22.6%
2007 8.71% 15.8%
2006 4.28% 10%
2005 5.39% 11.6%
2004 4.44% 7.58%
2003 3.34% 6.31%
2002 0.93% 9.55%
2001 1.59% 14.2%
2000 4.61% 6.18%
1999 2.16% 4.69%
1998 7.67% 9.36%
1997 4.71% 9.57%

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

GeoRank.org/economy/bolivia/sri-lanka | CC BY

Over the past 28 years, Bolivia has recorded an average annual inflation rate of 4.26%, compared with 9.34% in Sri Lanka. In 2024, inflation was 5.1% in Bolivia and -0.43% in Sri Lanka.

Top exports between countries

Bolivia
Export category Export value
Sri Lanka
Export category Export value
Raw agricultural goods $4.85M
Textiles & consumer goods $321K
Machinery & equipment $248K
Processed food, beverages & tobacco $137K
Animal & marine products $20K
Raw materials & minerals $6K
Wood & paper products $1K

Balance of trade

Bolivia Sri Lanka
Current account balance
-$1.41B
2024
$1.21B
2024
Current account balance ranking
132/190
2024
53/190
2024
Current account balance, % of GDP
-2.56%
2024
+1.22%
2024
Goods imports
$9.15B
2024
$18.8B
2024
Goods exports
$8.93B
2024
$12.8B
2024
Service imports
$2.35B
2024
$3.48B
2024
Service exports
$1.14B
2024
$6.91B
2024
Imports of goods and services, % of GDP
25.5%
2024
22.5%
2024
Exports of goods and services, % of GDP
21.4%
2024
19.9%
2024

Economic freedom indices

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

Bolivia Sri Lanka
Economic freedom 42.4 50.3
Economic freedom ranking 184/197 162/197
Property rights 20.2 47.3
Government integrity 27.1 37.3
Judicial effectiveness 29.5 47.2
Tax burden 86.4 77
Government spending 56.3 89
Fiscal health 0.8 0
Business freedom 53.6 60.1
Labor freedom 52.2 54.3
Monetary freedom 67.1 65.9
Trade freedom 60.6 65.6
Investment freedom 15 30
Financial freedom 40 30

Economic freedom comparison by year

Bolivia
Sri Lanka
1x
Year Economic freedom index
Bolivia Sri Lanka
2026 42.4 50.3
2025 44.1 49.4
2024 43.5 49.2
2023 43.4 52.2
2022 43 53.3
2021 42.7 55.7
2020 42.8 57.4
2019 42.3 56.4
2018 44.1 57.8
2017 47.7 57.4
2016 47.4 59.9
2015 46.8 58.6
2014 48.4 60
2013 47.9 60.7
2012 50.2 58.3
2011 50 57.1
2010 49.4 54.6
2009 53.6 56
2008 53.1 58.4
2007 54.2 59.4
2006 57.8 58.7
2005 58.4 61
2004 64.5 61.6
2003 64.3 62.5
2002 65.1 64
2001 68 66
2000 65 63.2
1999 65.6 64
1998 68.8 64.6
1997 65.1 65.5
1996 65.2 62.5
1995 56.8 60.6

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

GeoRank.org/economy/bolivia/sri-lanka | CC BY

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 50.3 for Sri Lanka, ranking 162/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Sri Lanka
Services, % of GDP
53.4%
2024
57.5%
2024
Industry, % of GDP
31.3%
2024
25.5%
2024
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
8.3%
2024
GNI, Atlas method
$51.7B
2024
$84.6B
2024
GNI per capita, PPP
$12,620
2024
$15,240
2024
Total reserves including gold
$1.98B
2024
$6.09B
2024
Total reserves ranking
127/177
2024
92/177
2024
Net foreign direct investment
-$113M
2024
-$651M
2024
Net inflows of foreign direct investment
$387M
2024
$761M
2024
Net outflows of foreign direct investment
$133M
2024
$110M
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
4.98%
2024
Poverty at national poverty lines
36.5%
2023
14.3%
2019
Gross capital formation, % of GDP
17.9%
2024
27%
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/sri-lanka | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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.