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Economy of Bolivia vs Suriname compared: GDP & Debt

Updated on by Georank team

Bolivia has a GDP of $54.9B compared to $4.42B for Suriname, ranking 88/197 and 164/197 by economy size, respectively.

Bolivia has $53.8B in government debt (98% of GDP), compared to $3.86B (87.3% of GDP) in Suriname.

Bolivia vs Suriname GDP by year

Bolivia
Suriname
1x
Year GDP, current $
Bolivia Suriname
2024 $54,881,327,453 $4,416,775,112
2023 $52,340,206,946 $3,472,693,412
2022 $50,959,081,954 $3,791,603,200
2021 $47,877,892,402 $3,107,923,198
2020 $42,313,784,081 $2,911,807,496
2019 $49,056,643,589 $4,016,040,575
2018 $48,414,038,842 $3,996,198,867
2017 $45,927,439,595 $3,591,679,431
2016 $33,941,126,194 $3,317,421,648
2015 $33,000,198,249 $5,126,237,646
2014 $32,996,188,017 $5,240,606,061
2013 $30,659,338,886 $5,145,757,576
2012 $27,084,497,482 $4,980,000,000
2011 $23,963,164,697 $4,422,276,622
2010 $19,649,723,722 $4,368,370,998
2009 $17,339,992,194 $3,875,409,836
2008 $16,674,276,286 $3,532,969,035
2007 $13,120,108,008 $2,936,612,022
2006 $11,451,844,902 $2,626,380,435
2005 $9,549,122,905 $1,793,410,397
2004 $8,773,451,752 $1,484,092,538
2003 $8,082,399,640 $1,274,190,311
2002 $7,905,485,146 $1,093,574,468
2001 $8,141,516,928 $834,279,358
2000 $8,397,855,485 $947,671,970
1999 $8,285,064,435 $886,290,698
1998 $8,497,494,652 $1,110,850,000
1997 $7,925,736,821 $926,422,500
1996 $7,396,949,126 $861,372,806
1995 $6,715,161,732 $691,590,498
1994 $5,981,222,859 $605,492,537
1993 $5,734,699,489 $428,764,706
1992 $5,643,868,749 $404,600,000
1991 $5,343,262,457 $448,100,000
1990 $4,867,582,598 $388,400,000
1989 $4,715,973,437 $542,600,000
1988 $4,597,612,362 $1,161,000,000
1987 $4,347,956,338 $980,000,000
1986 $3,959,382,833 $891,000,000
1985 $5,377,276,555 $873,000,000
1984 $6,169,483,225 $864,000,000
1983 $5,422,656,823 $883,500,000
1982 $5,594,126,369 $915,000,000
1981 $5,891,598,695 $889,000,000
1980 $4,537,479,608 $795,000,000
1979 $4,421,336,383 $782,500,000
1978 $3,758,220,890 $735,500,000
1977 $3,227,436,282 $641,500,000
1976 $2,731,984,008 $505,500,000
1975 $2,404,697,651 $465,500,000
1974 $2,100,249,875 $409,850,000
1973 $1,262,968,516 $339,450,000
1972 $1,257,615,645 $311,950,000
1971 $1,095,622,896 $301,000,000
1970 $1,017,003,367 $274,900,000
1969 $929,629,630 $259,650,000
1968 $857,912,458 $241,350,000
1967 $755,808,081 $220,700,000
1966 $669,191,919 $190,350,000
1965 $604,377,104 $154,150,000
1964 $544,023,569 $134,400,000
1963 $482,828,283 $125,950,000
1962 $448,400,673 $116,150,000
1961 $410,101,010 $107,700,000
1960 $377,020,202 $99,650,000

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

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

GDP per capita in Bolivia vs Suriname by year

Bolivia
GDP per capita

GDP per capita, PPP
Suriname
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Suriname
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,421 $12,878 $6,962 $21,801
2023 $4,275 $12,892 $5,522 $21,110
2022 $4,219 $12,307 $6,084 $20,079
2021 $4,011 $11,202 $5,030 $18,458
2020 $3,581 $9,581 $4,755 $16,947
2019 $4,203 $11,005 $6,630 $19,772
2018 $4,207 $10,758 $6,666 $17,855
2017 $4,048 $10,420 $6,050 $17,568
2016 $3,036 $9,242 $5,644 $14,475
2015 $2,996 $8,757 $8,814 $16,544
2014 $3,041 $8,629 $9,108 $16,598
2013 $2,870 $8,069 $9,043 $16,173
2012 $2,576 $7,184 $8,851 $15,185
2011 $2,316 $6,598 $7,950 $13,926
2010 $1,930 $6,245 $7,944 $13,039
2009 $1,731 $6,024 $7,130 $12,393
2008 $1,693 $5,890 $6,576 $12,097
2007 $1,355 $5,537 $5,530 $11,530
2006 $1,203 $5,244 $5,003 $10,803
2005 $1,020 $4,938 $3,453 $10,014
2004 $953 $4,663 $2,888 $9,389
2003 $893 $4,433 $2,516 $8,552
2002 $888 $4,304 $2,202 $8,046
2001 $930 $4,205 $1,715 $7,865
2000 $976 $4,113 $1,988 $7,535
1999 $979 $3,991 $1,898 $7,367
1998 $1,022 $3,988 $2,429 $7,521
1997 $970 $3,822 $2,068 $7,422
1996 $922 $3,645 $1,963 $7,048
1995 $853 $3,494 $1,610 $7,000
1994 $774 $3,331 $1,434 $6,973
1993 $757 $3,177 $1,022 $6,650
1992 $760 $3,036 $969 $6,992
1991 $734 $2,981 $1,080 $6,852
1990 $683 $2,797 $942 $6,493
1989 $675 - $1,329 -
1988 $673 - $2,886 -
1987 $650 - $2,469 -
1986 $604 - $2,271 -
1985 $838 - $2,256 -
1984 $982 - $2,261 -
1983 $882 - $2,333 -
1982 $930 - $2,430 -
1981 $1,001 - $2,368 -
1980 $788 - $2,118 -
1979 $785 - $2,072 -
1978 $683 - $1,928 -
1977 $600 - $1,666 -
1976 $520 - $1,302 -
1975 $468 - $1,190 -
1974 $418 - $1,041 -
1973 $257.2 - $858 -
1972 $261.9 - $785 -
1971 $233.4 - $768 -
1970 $221.6 - $724 -
1969 $207.1 - $708 -
1968 $195.5 - $681 -
1967 $176.1 - $644 -
1966 $159.3 - $575 -
1965 $147.1 - $482 -
1964 $135.2 - $435 -
1963 $122.6 - $424 -
1962 $116.2 - $409 -
1961 $108.5 - $395 -
1960 $101.8 - $378 -

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

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

Bolivia's GDP per capita is $4,421, ranking 125/197, compared to $6,962 in Suriname, ranking 102/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Suriname ranks 89th at $21,801.

Economic indicators

Bolivia Suriname
Gross domestic product
$54.9B
2024
$4.42B
2024
GDP rank
88/197
2024
164/197
2024
GDP growth
-1.12%
2023-2024
1.72%
2023-2024
GDP per capita
$4,421
2024
$6,962
2024
GDP per capita rank
125/197
2024
102/197
2024
GDP per capita, PPP
$12,878
2024
$21,801
2024
GDP per capita PPP rank
122/197
2024
89/197
2024
Government debt
$53.8B
2024
$3.86B
2024
Debt-to-GDP ratio
98%
2024
87.3%
2024
Government debt per person
$4,331
2024
$6,077
2024
Government debt per person rank
88/185
2024
74/185
2024
Average annual personal income after taxes
$4,720
2026
$3,263
2026
Income share by richest 10%
31.3%
2023
30.1%
2022
Income share by poorest 10%
1.8%
2023
2.2%
2022
Government expenditure, % of GDP
39.8%
2024
29.2%
2024
Consumer prices inflation
5.1%
2023-2024
16.2%
2023-2024
Central bank interest rate
3.26%
2025
10%
2013
Unemployment rate
2.73%
2024
7.92%
2016
Population
12798112
646767

Spending and national debt comparison by year

Bolivia
Spending

Debt
Suriname
Spending

Debt
1x
Year % of GDP
Bolivia Suriname
Government spending Government debt Government spending Government debt
2024 39.8% 98% 29.2% 87.3%
2023 38.7% 90.8% 29% 98.2%
2022 36% 80.1% 29.5% 116.9%
2021 34.8% 81.4% 32% 115.8%
2020 36.8% 78% 30.2% 146.4%
2019 36.1% 58.6% 40.5% 84%
2018 37.7% 53.1% 29.5% 68.6%
2017 38.6% 51.3% 28.7% 73%
2016 40% 46.5% 27.9% 75.4%
2015 44.5% 40.9% 29.9% 41.2%
2014 41.2% 37.6% 25.2% 25.2%
2013 35.4% 36.1% 26.2% 27.9%
2012 36% 35.4% 25.1% 20.1%
2011 35.4% 35.3% 21% 18.7%
2010 31.5% 37.6% 21% 17.3%
2009 33.2% 39.2% 24% 14.6%
2008 35.3% 36.8% 20.5% 14.8%
2007 32.7% 40% 22.6% 16.4%
2006 29.8% 54.4% 22.2% 22.5%
2005 33.2% 82.2% 22.2% 27.1%
2004 32.3% 89.8% 20.8% 29.4%
2003 32% 95.6% 19.2% 31.5%
2002 33.3% 86.7% 22.2% 37.4%
2001 32% 83% 21.8% 37.2%
2000 29.3% 74.3% 24.4% 48.4%
1999 29.4% 61.7% 19.6% 32.3%
1998 30% 61.2% 30.3% 21.6%
1997 28.3% 64.6% 21.1% 16.8%
1996 26% 72.4% 21.4% 11.8%
1995 25.8% 81.7% 20.2% 16.3%
1994 26.8% 87.6% 19.8% 30.5%
1993 27.2% 83.8% 21.2% 51.1%
1992 25.3% 92.4% 24.4% 64.4%
1991 24.2% 92.8% 26.6% 75.7%
1990 22.8% 102.9% 22.7% 72.9%
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/suriname | CC BY

In 2024, Bolivia's government spending was $21.9B, accounting for 39.8% of its GDP, while Suriname spent $1.29B, or 29.2% of GDP.

Debt-to-GDP ratio is 98% in Bolivia and 87.3% in Suriname, ranking 26/185 and 37/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Suriname
1x
Year Deficit/surplus, % of GDP
Bolivia Suriname
2024 -10.6% -2.42%
2023 -10.9% -1.68%
2022 -7.12% -2.69%
2021 -9.33% -5.66%
2020 -12.7% -12%
2019 -7.25% -20.2%
2018 -8.17% -8.56%
2017 -7.86% -8.62%
2016 -7.24% -10.2%
2015 -6.93% -8.29%
2014 -3.41% -2.65%
2013 0.6% -2.64%
2012 1.72% -0.38%
2011 0.83% 2.32%
2010 1.62% -0.15%
2009 2.63% 2.03%
2008 3.53% 2.39%
2007 -1.54% 5.01%
2006 4.47% 0.59%
2005 -2.24% -3.39%
2004 -5.54% -1.2%
2003 -7.88% -0.11%
2002 -8.79% -3.3%
2001 -6.82% 3.49%
2000 -3.73% -7.76%
1999 -3.84% -4.92%
1998 -5.1% -6.39%
1997 -3.28% -0.32%
1996 -1.9% 3.42%
1995 -1.82% 1.17%
1994 -3% -1.89%
1993 -6.1% -4.68%
1992 -4.4% -6.45%
1991 -4.2% -9.8%
1990 -4.4% -3.04%
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/suriname | 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 Suriname's deficit of $107M, or 2.42% of GDP.

Over the past 35 years, Bolivia recorded a fiscal deficit in 28 of those years, while Suriname ran a deficit in 27 years. On average, Bolivia posted an annual deficit equal to 4.31% of GDP, compared to deficit of 3.4% of GDP for Suriname.

Inflation comparison by year

Inflation
Bolivia

Suriname
1x
Year Consumer prices inflation
Bolivia Suriname
2024 5.1% 16.2%
2023 2.58% 51.6%
2022 1.75% 52.4%
2021 0.74% 59.1%
2020 0.94% 34.9%
2019 1.84% -
2018 2.27% -
2017 2.82% 22%
2016 3.62% 55.4%
2015 4.06% 6.89%
2014 5.77% 3.38%
2013 5.74% 1.92%
2012 4.52% 5.01%
2011 9.88% 17.7%
2010 2.5% 6.94%
2009 3.35% -0.13%
2008 14% 14.7%
2007 8.71% 6.43%
2006 4.28% 11.3%
2005 5.39% 9.9%
2004 4.44% 9.99%
2003 3.34% 23%
2002 0.93% 15.5%
2001 1.59% 38.6%
2000 4.61% 59.4%
1999 2.16% 98.8%
1998 7.67% 19%
1997 4.71% 7.15%

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

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

Over the past 28 years, Bolivia has recorded an average annual inflation rate of 4.26%, compared with 24.9% in Suriname. In 2024, inflation was 5.1% in Bolivia and 16.2% in Suriname.

Top exports between countries

Bolivia
Export category Export value
Miscellaneous $155K
Machinery & equipment $112K
Processed food, beverages & tobacco $72K
Metals $4K
Raw materials & minerals $1K
Textiles & consumer goods $1K
Suriname
Export category Export value
Wood & paper products $12K
Raw materials & minerals $9K
Miscellaneous $6K
Machinery & equipment $3K

Balance of trade

Bolivia Suriname
Current account balance
-$1.41B
2024
$9.31M
2024
Current account balance ranking
132/190
2024
76/190
2024
Current account balance, % of GDP
-2.56%
2024
+0.21%
2024
Goods imports
$9.15B
2024
$1.65B
2024
Goods exports
$8.93B
2024
$2.58B
2024
Service imports
$2.35B
2024
$921M
2024
Service exports
$1.14B
2024
$211M
2024
Imports of goods and services, % of GDP
25.5%
2024
38.4%
2010
Exports of goods and services, % of GDP
21.4%
2024
52.5%
2010

Economic freedom indices

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

Bolivia Suriname
Economic freedom 42.4 53
Economic freedom ranking 184/197 143/197
Property rights 20.2 40.5
Government integrity 27.1 41
Judicial effectiveness 29.5 46.5
Tax burden 86.4 69.1
Government spending 56.3 74.3
Fiscal health 0.8 76.6
Business freedom 53.6 56.9
Labor freedom 52.2 69
Monetary freedom 67.1 56.4
Trade freedom 60.6 65.2
Investment freedom 15 20
Financial freedom 40 20

Economic freedom comparison by year

Bolivia
Suriname
1x
Year Economic freedom index
Bolivia Suriname
2026 42.4 53
2025 44.1 50.9
2024 43.5 46.7
2023 43.4 46.1
2022 43 48.1
2021 42.7 46.4
2020 42.8 49.5
2019 42.3 48.1
2018 44.1 48.1
2017 47.7 48
2016 47.4 53.8
2015 46.8 54.2
2014 48.4 54.2
2013 47.9 52
2012 50.2 52.6
2011 50 53.1
2010 49.4 52.5
2009 53.6 54.1
2008 53.1 54.3
2007 54.2 54.8
2006 57.8 55.1
2005 58.4 51.9
2004 64.5 47.9
2003 64.3 46.9
2002 65.1 48
2001 68 44.3
2000 65 45.8
1999 65.6 40.1
1998 68.8 39.9
1997 65.1 35.9
1996 65.2 36.7
1995 56.8 -

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

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 53 for Suriname, ranking 143/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Suriname
Services, % of GDP
53.4%
2024
50.8%
2024
Industry, % of GDP
31.3%
2024
35.1%
2024
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
6.77%
2024
GNI, Atlas method
$51.7B
2024
$3.61B
2024
GNI per capita, PPP
$12,620
2024
$20,000
2024
Total reserves including gold
$1.98B
2024
$1.63B
2024
Total reserves ranking
127/177
2024
132/177
2024
Net foreign direct investment
-$113M
2024
$26.5M
2024
Net inflows of foreign direct investment
$387M
2024
-$37.6M
2024
Net outflows of foreign direct investment
$133M
2024
-$11.1M
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
20.5%
2023
Poverty at national poverty lines
36.5%
2023
70%
2020
Gross capital formation, % of GDP
17.9%
2024
36.2%
2010

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/suriname | 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 (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. 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.