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Economy of Bolivia vs Sudan compared: GDP & Debt

Updated on by Georank team

Bolivia has a GDP of $54.9B compared to $49.7B for Sudan, ranking 88/197 and 94/197 by economy size, respectively.

Bolivia has $53.8B in government debt (98% of GDP), compared to $130B (261.4% of GDP) in Sudan.

Bolivia vs Sudan GDP by year

Bolivia
Sudan
1x
Year GDP, current $
Bolivia Sudan
2024 $54,881,327,453 $49,672,435,513
2023 $52,340,206,946 $39,898,289,821
2022 $50,959,081,954 $51,666,875,363
2021 $47,877,892,402 $34,229,513,775
2020 $42,313,784,081 $27,034,593,750
2019 $49,056,643,589 $32,338,079,165
2018 $48,414,038,842 $32,333,780,383
2017 $45,927,439,595 $41,283,617,976
2016 $33,941,126,194 $42,630,376,000
2015 $33,000,198,249 $51,726,758,677
2014 $32,996,188,017 $49,516,748,618
2013 $30,659,338,886 $43,024,018,082
2012 $27,084,497,482 $37,632,919,967
2011 $23,963,164,697 $55,018,567,211
2010 $19,649,723,722 $58,962,978,034
2009 $17,339,992,194 $51,621,044,077
2008 $16,674,276,286 $64,833,083,257
2007 $13,120,108,008 $59,440,139,775
2006 $11,451,844,902 $45,263,831,634
2005 $9,549,122,905 $35,182,711,988
2004 $8,773,451,752 $26,646,007,251
2003 $8,082,399,640 $21,355,298,460
2002 $7,905,485,146 $18,137,128,388
2001 $8,141,516,928 $15,716,361,792
2000 $8,397,855,485 $12,257,299,147
1999 $8,285,064,435 $10,682,028,340
1998 $8,497,494,652 $11,250,221,537
1997 $7,925,736,821 $11,681,175,864
1996 $7,396,949,126 $9,018,300,725
1995 $6,715,161,732 $13,830,363,900
1994 $5,981,222,859 $12,793,794,737
1993 $5,734,699,489 $8,881,005,436
1992 $5,643,868,749 $7,031,933,492
1991 $5,343,262,457 $44,171,194,366
1990 $4,867,582,598 $33,641,222,222
1989 $4,715,973,437 $21,408,111,111
1988 $4,597,612,362 $14,372,555,556
1987 $4,347,956,338 $12,093,333,333
1986 $3,959,382,833 $10,092,200,000
1985 $5,377,276,555 $8,075,259,600
1984 $6,169,483,225 $10,447,615,385
1983 $5,422,656,823 $8,230,153,846
1982 $5,594,126,369 $8,732,542,274
1981 $5,891,598,695 $10,753,888,154
1980 $4,537,479,608 $8,951,800,000
1979 $4,421,336,383 $8,418,407,787
1978 $3,758,220,890 $8,128,719,315
1977 $3,227,436,282 $7,499,005,639
1976 $2,731,984,008 $6,013,210,816
1975 $2,404,697,651 $4,823,090,192
1974 $2,100,249,875 $3,958,931,660
1973 $1,262,968,516 $3,077,254,460
1972 $1,257,615,645 $2,483,055,722
1971 $1,095,622,896 $2,288,340,041
1970 $1,017,003,367 $2,100,229,759
1969 $929,629,630 $1,847,501,441
1968 $857,912,458 $1,677,771,401
1967 $755,808,081 $1,607,409,539
1966 $669,191,919 $1,484,491,676
1965 $604,377,104 $1,446,869,619
1964 $544,023,569 $1,388,282,600
1963 $482,828,283 $1,351,234,926
1962 $448,400,673 $1,328,259,625
1961 $410,101,010 $1,222,860,429
1960 $377,020,202 $1,126,364,162

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

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

GDP per capita in Bolivia vs Sudan by year

Bolivia
GDP per capita

GDP per capita, PPP
Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,421 $12,878 $985 $2,116
2023 $4,275 $12,892 $797 $2,421
2022 $4,219 $12,307 $1,046 $3,355
2021 $4,011 $11,202 $712 $3,249
2020 $3,581 $9,581 $578 $3,349
2019 $4,203 $11,005 $710 $3,914
2018 $4,207 $10,758 $731 $4,199
2017 $4,048 $10,420 $967 $4,252
2016 $3,036 $9,242 $1,033 $4,470
2015 $2,996 $8,757 $1,292 $4,217
2014 $3,041 $8,629 $1,275 $4,261
2013 $2,870 $8,069 $1,139 $3,725
2012 $2,576 $7,184 $1,019 $3,710
2011 $2,316 $6,598 $1,522 $4,112
2010 $1,930 $6,245 $1,665 $3,806
2009 $1,731 $6,024 $1,493 $3,732
2008 $1,693 $5,890 $1,928 $3,938
2007 $1,355 $5,537 $1,814 $3,836
2006 $1,203 $5,244 $1,415 $3,637
2005 $1,020 $4,938 $1,125 $3,407
2004 $953 $4,663 $872 $3,215
2003 $893 $4,433 $714 $3,058
2002 $888 $4,304 $621 $2,898
2001 $930 $4,205 $551 $2,769
2000 $976 $4,113 $441 $2,616
1999 $979 $3,991 $394 $2,475
1998 $1,022 $3,988 $425 $2,428
1997 $970 $3,822 $453 $2,358
1996 $922 $3,645 $357 $2,006
1995 $853 $3,494 $561 $1,902
1994 $774 $3,331 $532 $1,805
1993 $757 $3,177 $379 $1,794
1992 $760 $3,036 $307 $1,710
1991 $734 $2,981 $1,966 $1,599
1990 $683 $2,797 $1,528 $1,468
1989 $675 - $992 -
1988 $673 - $680 -
1987 $650 - $584 -
1986 $604 - $497 -
1985 $838 - $406 -
1984 $982 - $534 -
1983 $882 - $431 -
1982 $930 - $472 -
1981 $1,001 - $605 -
1980 $788 - $525 -
1979 $785 - $515 -
1978 $683 - $518 -
1977 $600 - $497 -
1976 $520 - $413 -
1975 $468 - $343 -
1974 $418 - $291.5 -
1973 $257.2 - $235.8 -
1972 $261.9 - $198.2 -
1971 $233.4 - $189 -
1970 $221.6 - $179.6 -
1969 $207.1 - $163.5 -
1968 $195.5 - $153.7 -
1967 $176.1 - $152.4 -
1966 $159.3 - $145.6 -
1965 $147.1 - $146.8 -
1964 $135.2 - $145.7 -
1963 $122.6 - $146.6 -
1962 $116.2 - $148.9 -
1961 $108.5 - $141.6 -
1960 $101.8 - $134.7 -

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

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

Bolivia's GDP per capita is $4,421, ranking 125/197, compared to $985 in Sudan, ranking 179/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Sudan ranks 185th at $2,116.

Economic indicators

Bolivia Sudan
Gross domestic product
$54.9B
2024
$49.7B
2024
GDP rank
88/197
2024
94/197
2024
GDP growth
-1.12%
2023-2024
-14%
2023-2024
GDP per capita
$4,421
2024
$985
2024
GDP per capita rank
125/197
2024
179/197
2024
GDP per capita, PPP
$12,878
2024
$2,116
2024
GDP per capita PPP rank
122/197
2024
185/197
2024
Government debt
$53.8B
2024
$130B
2024
Debt-to-GDP ratio
98%
2024
261.4%
2024
Government debt per person
$4,331
2024
$2,574
2024
Government debt per person rank
88/185
2024
109/185
2024
Average annual personal income after taxes
$4,720
2026
$1,704
2026
Income share by richest 10%
31.3%
2023
27.8%
2014
Income share by poorest 10%
1.8%
2023
3.2%
2014
Government expenditure, % of GDP
39.8%
2024
6.39%
2024
Consumer prices inflation
5.1%
2023-2024
138.8%
2021-2022
Central bank interest rate
3.26%
2025
n/a
Unemployment rate
2.73%
2024
7.53%
2022
Population
12798112
53335233

Spending and national debt comparison by year

Bolivia
Spending

Debt
Sudan
Spending

Debt
1x
Year % of GDP
Bolivia Sudan
Government spending Government debt Government spending Government debt
2024 39.8% 98% 6.39% 261.4%
2023 38.7% 90.8% 8.23% 259.9%
2022 36% 80.1% 17.9% 186.9%
2021 34.8% 81.4% 9.84% 189.6%
2020 36.8% 78% 10.9% 278.3%
2019 36.1% 58.6% 18.7% 216.5%
2018 37.7% 53.1% 16.8% 209.8%
2017 38.6% 51.3% 12.8% 149.5%
2016 40% 46.5% 9.98% 109.9%
2015 44.5% 40.9% 12.4% 93.2%
2014 41.2% 37.6% 13.5% 84.4%
2013 35.4% 36.1% 15.3% 105.8%
2012 36% 35.4% 16.5% 117.7%
2011 35.4% 35.3% 18.2% 78.1%
2010 31.5% 37.6% 17.4% 74.6%
2009 33.2% 39.2% 18.8% 71%
2008 35.3% 36.8% 19.7% 55.8%
2007 32.7% 40% 19.6% 53.7%
2006 29.8% 54.4% 18.8% 63.7%
2005 33.2% 82.2% 19.7% 75.5%
2004 32.3% 89.8% 16.5% 97.8%
2003 32% 95.6% 12.5% 117.4%
2002 33.3% 86.7% 10.5% 121.7%
2001 32% 83% 9.87% 125.6%
2000 29.3% 74.3% 10.4% 143.2%
1999 29.4% 61.7% 8.4% 160.5%
1998 30% 61.2% 7.79% 179.7%
1997 28.3% 64.6% 7.38% 167.7%
1996 26% 72.4% 9.31% 220.9%
1995 25.8% 81.7% 12.9% 239%
1994 26.8% 87.6% 19.6% 386%
1993 27.2% 83.8% 23.7% 285.9%
1992 25.3% 92.4% 50.4% 495%
1991 24.2% 92.8% 45.7% -
1990 22.8% 102.9% 31% -
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/sudan | CC BY

In 2024, Bolivia's government spending was $21.9B, accounting for 39.8% of its GDP, while Sudan spent $3.17B, or 6.39% of GDP.

Debt-to-GDP ratio is 98% in Bolivia and 261.4% in Sudan, ranking 26/185 and 1/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Sudan
1x
Year Deficit/surplus, % of GDP
Bolivia Sudan
2024 -10.6% -3.46%
2023 -10.9% -3.7%
2022 -7.12% -2.15%
2021 -9.33% -0.29%
2020 -12.7% -6.03%
2019 -7.25% -10.8%
2018 -8.17% -7.92%
2017 -7.86% -6.07%
2016 -7.24% -3.92%
2015 -6.93% -3.87%
2014 -3.41% -4.72%
2013 0.6% -5.76%
2012 1.72% -7.37%
2011 0.83% -2.33%
2010 1.62% 0.11%
2009 2.63% -3.8%
2008 3.53% 0.49%
2007 -1.54% -2.84%
2006 4.47% -1.32%
2005 -2.24% -1.88%
2004 -5.54% 0.16%
2003 -7.88% 0.77%
2002 -8.79% -0.69%
2001 -6.82% -0.77%
2000 -3.73% -0.7%
1999 -3.84% -0.8%
1998 -5.1% -0.56%
1997 -3.28% -0.59%
1996 -1.9% -2.61%
1995 -1.82% -3.48%
1994 -3% -3.03%
1993 -6.1% -8.04%
1992 -4.4% -24.5%
1991 -4.2% -26.5%
1990 -4.4% -16.2%
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/sudan | 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 Sudan's deficit of $1.72B, or 3.46% of GDP.

Over the past 35 years, Bolivia recorded a fiscal deficit in 28 of those years, while Sudan ran a deficit in 31 years. On average, Bolivia posted an annual deficit equal to 4.31% of GDP, compared to deficit of 4.72% of GDP for Sudan.

Inflation comparison by year

Inflation
Bolivia

Sudan
1x
Year Consumer prices inflation
Bolivia Sudan
2024 5.1% -
2023 2.58% -
2022 1.75% 138.8%
2021 0.74% 359%
2020 0.94% 163.3%
2019 1.84% 51%
2018 2.27% 63.3%
2017 2.82% 32.4%
2016 3.62% 17.8%
2015 4.06% 16.9%
2014 5.77% 36.9%
2013 5.74% 36.5%
2012 4.52% 35.6%
2011 9.88% 18.1%
2010 2.5% 13%
2009 3.35% 11.3%
2008 14% 14.3%
2007 8.71% 14.8%
2006 4.28% 7.2%
2005 5.39% 8.51%
2004 4.44% 9.66%
2003 3.34% 6.49%
2002 0.93% 22.2%
2001 1.59% 1.94%
2000 4.61% 7.12%
1999 2.16% 17.2%
1998 7.67% 24.6%
1997 4.71% 47.2%

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

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

Over the past 26 years, Bolivia has recorded an average annual inflation rate of 4.29%, compared with 45.2% in Sudan. In 2022, inflation was 5.1% in Bolivia and 138.8% in Sudan.

Balance of trade

Bolivia Sudan
Current account balance
-$1.41B
2024
-$4.44B
2022
Current account balance ranking
132/190
2024
165/190
2022
Current account balance, % of GDP
-2.56%
2024
-8.6%
2022
Goods imports
$9.15B
2024
$9.99B
2022
Goods exports
$8.93B
2024
$4.36B
2022
Service imports
$2.35B
2024
$1.59B
2022
Service exports
$1.14B
2024
$1.55B
2022
Imports of goods and services, % of GDP
25.5%
2024
1.27%
2024
Exports of goods and services, % of GDP
21.4%
2024
0.72%
2024

Economic freedom indices

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

Bolivia Sudan
Economic freedom 42.4 32.5
Economic freedom ranking 184/197 191/197
Property rights 20.2 6.5
Government integrity 27.1 13.8
Judicial effectiveness 29.5 2.4
Tax burden 86.4 84.7
Government spending 56.3 96.5
Fiscal health 0.8 64.6
Business freedom 53.6 27.3
Labor freedom 52.2 33.6
Monetary freedom 67.1 6.2
Trade freedom 60.6 29.6
Investment freedom 15 5
Financial freedom 40 20

Economic freedom comparison by year

Bolivia
Sudan
1x
Year Economic freedom index
Bolivia Sudan
2026 42.4 32.5
2025 44.1 35.3
2024 43.5 33.9
2023 43.4 32.8
2022 43 32
2021 42.7 39.1
2020 42.8 45
2019 42.3 47.7
2018 44.1 49.4
2017 47.7 48.8
2016 47.4 -
2015 46.8 -
2014 48.4 -
2013 47.9 -
2012 50.2 -
2011 50 -
2010 49.4 -
2009 53.6 -
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 47.2
1999 65.6 39.6
1998 68.8 38.3
1997 65.1 39.9
1996 65.2 39.2
1995 56.8 39.4

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

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 32.5 for Sudan, ranking 191/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Sudan
Services, % of GDP
53.4%
2024
54.7%
2024
Industry, % of GDP
31.3%
2024
23.2%
2024
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
22.2%
2024
GNI, Atlas method
$51.7B
2024
$35.8B
2024
GNI per capita, PPP
$12,620
2024
$2,050
2024
Total reserves including gold
$1.98B
2024
$178M
2017
Total reserves ranking
127/177
2024
171/177
2017
Net foreign direct investment
-$113M
2024
-$574M
2022
Net inflows of foreign direct investment
$387M
2024
$548M
2023
Net outflows of foreign direct investment
$133M
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
0.42%
2024
Poverty at national poverty lines
36.5%
2023
46.5%
2020
Gross capital formation, % of GDP
17.9%
2024
2.89%
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/sudan | CC BY

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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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.