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Economy of Bolivia vs Syria compared: GDP & Debt

Updated on by Georank team

Bolivia has a GDP of $54.9B compared to $20B for Syria, ranking 88/197 and 129/197 by economy size, respectively.

Bolivia has $53.8B in government debt (98% of GDP), compared to $18.4B (30% of GDP) in Syria.

Bolivia vs Syria GDP by year

Bolivia
Syria
1x
Year GDP, current $
Bolivia Syria
2024 $54,881,327,453 -
2023 $52,340,206,946 $19,993,439,950
2022 $50,959,081,954 $23,622,827,080
2021 $47,877,892,402 $14,353,205,678
2020 $42,313,784,081 $12,047,752,036
2019 $49,056,643,589 $22,583,045,060
2018 $48,414,038,842 $21,497,782,868
2017 $45,927,439,595 $16,369,843,352
2016 $33,941,126,194 $12,597,854,877
2015 $33,000,198,249 $16,466,863,117
2014 $32,996,188,017 $21,502,061,466
2013 $30,659,338,886 $21,361,254,635
2012 $27,084,497,482 $43,190,318,033
2011 $23,963,164,697 $67,539,428,159
2010 $19,649,723,722 $61,390,830,875
2009 $17,339,992,194 $54,111,735,629
2008 $16,674,276,286 $52,557,913,569
2007 $13,120,108,008 $40,465,318,382
2006 $11,451,844,902 $33,751,788,856
2005 $9,549,122,905 $28,858,965,517
2004 $8,773,451,752 $25,086,950,495
2003 $8,082,399,640 $21,828,144,686
2002 $7,905,485,146 $20,669,357,462
2001 $8,141,516,928 $20,237,024,725
2000 $8,397,855,485 $18,937,052,543
1999 $8,285,064,435 $15,873,875,969
1998 $8,497,494,652 $15,200,846,154
1997 $7,925,736,821 $14,505,233,463
1996 $7,396,949,126 $13,789,560,878
1995 $6,715,161,732 $11,396,706,587
1994 $5,981,222,859 $10,122,020,000
1993 $5,734,699,489 $13,695,962,055
1992 $5,643,868,749 $13,253,565,861
1991 $5,343,262,457 $12,981,833,333
1990 $4,867,582,598 $12,308,624,418
1989 $4,715,973,437 $9,853,395,762
1988 $4,597,612,362 $10,577,041,645
1987 $4,347,956,338 $11,356,215,543
1986 $3,959,382,833 $13,293,205,278
1985 $5,377,276,555 $16,403,539,893
1984 $6,169,483,225 $17,503,078,174
1983 $5,422,656,823 $17,589,277,143
1982 $5,594,126,369 $16,298,929,011
1981 $5,891,598,695 $15,518,201,335
1980 $4,537,479,608 $13,062,420,382
1979 $4,421,336,383 $9,929,681,529
1978 $3,758,220,890 $9,275,200,458
1977 $3,227,436,282 $7,696,011,396
1976 $2,731,984,008 $7,633,528,867
1975 $2,404,697,651 $6,826,980,444
1974 $2,100,249,875 $5,159,557,148
1973 $1,262,968,516 $3,239,487,516
1972 $1,257,615,645 $3,059,681,698
1971 $1,095,622,896 $2,589,851,325
1970 $1,017,003,367 $2,140,384,010
1969 $929,629,630 $2,245,011,515
1968 $857,912,458 $1,753,746,430
1967 $755,808,081 $1,580,229,799
1966 $669,191,919 $1,342,287,553
1965 $604,377,104 $1,472,036,540
1964 $544,023,569 $1,339,494,267
1963 $482,828,283 $1,200,447,408
1962 $448,400,673 $1,110,565,881
1961 $410,101,010 $945,244,972
1960 $377,020,202 $857,704,413

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

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

GDP per capita in Bolivia vs Syria by year

Bolivia
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,421 $12,878 - -
2023 $4,275 $12,892 $847 $4,650
2022 $4,219 $12,307 $1,052 $4,772
2021 $4,011 $11,202 $664 $4,593
2020 $3,581 $9,581 $572 $3,738
2019 $4,203 $11,005 $1,110 $3,502
2018 $4,207 $10,758 $1,098 $3,456
2017 $4,048 $10,420 $852 $3,265
2016 $3,036 $9,242 $656 -
2015 $2,996 $8,757 $848 -
2014 $3,041 $8,629 $1,061 -
2013 $2,870 $8,069 $986 -
2012 $2,576 $7,184 $1,898 -
2011 $2,316 $6,598 $2,952 -
2010 $1,930 $6,245 $2,731 -
2009 $1,731 $6,024 $2,462 -
2008 $1,693 $5,890 $2,429 -
2007 $1,355 $5,537 $1,938 -
2006 $1,203 $5,244 $1,719 -
2005 $1,020 $4,938 $1,534 -
2004 $953 $4,663 $1,368 -
2003 $893 $4,433 $1,220 -
2002 $888 $4,304 $1,183 -
2001 $930 $4,205 $1,187 -
2000 $976 $4,113 $1,138 -
1999 $979 $3,991 $978 -
1998 $1,022 $3,988 $961 -
1997 $970 $3,822 $941 -
1996 $922 $3,645 $918 -
1995 $853 $3,494 $780 -
1994 $774 $3,331 $712 -
1993 $757 $3,177 $993 -
1992 $760 $3,036 $990 -
1991 $734 $2,981 $1,000 -
1990 $683 $2,797 $978 -
1989 $675 - $809 -
1988 $673 - $898 -
1987 $650 - $997 -
1986 $604 - $1,208 -
1985 $838 - $1,544 -
1984 $982 - $1,706 -
1983 $882 - $1,776 -
1982 $930 - $1,703 -
1981 $1,001 - $1,676 -
1980 $788 - $1,458 -
1979 $785 - $1,146 -
1978 $683 - $1,108 -
1977 $600 - $951 -
1976 $520 - $976 -
1975 $468 - $904 -
1974 $418 - $707 -
1973 $257.2 - $459 -
1972 $261.9 - $448 -
1971 $233.4 - $393 -
1970 $221.6 - $335 -
1969 $207.1 - $364 -
1968 $195.5 - $293.3 -
1967 $176.1 - $272.9 -
1966 $159.3 - $239.3 -
1965 $147.1 - $270.8 -
1964 $135.2 - $254.2 -
1963 $122.6 - $234.9 -
1962 $116.2 - $223.9 -
1961 $108.5 - $196.3 -
1960 $101.8 - $183.5 -

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

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

Bolivia's GDP per capita is $4,421, ranking 125/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Syria ranks 160th at $4,650.

Economic indicators

Bolivia Syria
Gross domestic product
$54.9B
2024
$20B
2023
GDP rank
88/197
2024
129/197
2023
GDP growth
-1.12%
2023-2024
-1.21%
2022-2023
GDP per capita
$4,421
2024
$847
2023
GDP per capita rank
125/197
2024
185/197
2023
GDP per capita, PPP
$12,878
2024
$4,650
2023
GDP per capita PPP rank
122/197
2024
160/197
2023
Government debt
$53.8B
2024
$18.4B
2010
Debt-to-GDP ratio
98%
2024
30%
2010
Government debt per person
$4,331
2024
$820
2010
Government debt per person rank
88/185
2024
148/185
2010
Average annual personal income after taxes
$4,720
2026
$730
2026
Income share by richest 10%
31.3%
2023
21.1%
2022
Income share by poorest 10%
1.8%
2023
3.8%
2022
Government expenditure, % of GDP
39.8%
2024
28.6%
2010
Consumer prices inflation
5.1%
2023-2024
13.4%
2018-2019
Central bank interest rate
3.26%
2025
n/a
Unemployment rate
2.73%
2024
8.61%
2010
Population
12798112
26829400

Spending and national debt comparison by year

Bolivia
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Bolivia Syria
Government spending Government debt Government spending Government debt
2024 39.8% 98% - -
2023 38.7% 90.8% - -
2022 36% 80.1% - -
2021 34.8% 81.4% - -
2020 36.8% 78% - -
2019 36.1% 58.6% - -
2018 37.7% 53.1% - -
2017 38.6% 51.3% - -
2016 40% 46.5% - -
2015 44.5% 40.9% - -
2014 41.2% 37.6% - -
2013 35.4% 36.1% - -
2012 36% 35.4% - -
2011 35.4% 35.3% - -
2010 31.5% 37.6% 28.6% 30%
2009 33.2% 39.2% 26.7% 31.2%
2008 35.3% 36.8% 22.9% 37.3%
2007 32.7% 40% 25.7% 42.7%
2006 29.8% 54.4% 26.3% 45%
2005 33.2% 82.2% 28.2% 50.7%
2004 32.3% 89.8% 31.3% 113%
2003 32% 95.6% 32.6% 133.4%
2002 33.3% 86.7% 28.5% 132.4%
2001 32% 83% 28% 144.5%
2000 29.3% 74.3% 27.4% 152.1%
1999 29.4% 61.7% 28% 147.7%
1998 30% 61.2% 28.8% 151.2%
1997 28.3% 64.6% 29% 147.6%
1996 26% 72.4% 27.7% 141.5%
1995 25.8% 81.7% 29.8% 152.6%
1994 26.8% 87.6% 30.3% 163%
1993 27.2% 83.8% 29.4% 171.9%
1992 25.3% 92.4% 34.2% 173.6%
1991 24.2% 92.8% 34.3% 182.4%
1990 22.8% 102.9% 28.3% 189.8%
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/syria | CC BY

In 2024, Bolivia's government spending was $21.9B, accounting for 39.8% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 98% in Bolivia and 30% in Syria, ranking 26/185 and 157/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Syria
1x
Year Deficit/surplus, % of GDP
Bolivia Syria
2024 -10.6% -
2023 -10.9% -
2022 -7.12% -
2021 -9.33% -
2020 -12.7% -
2019 -7.25% -
2018 -8.17% -
2017 -7.86% -
2016 -7.24% -
2015 -6.93% -
2014 -3.41% -
2013 0.6% -
2012 1.72% -
2011 0.83% -
2010 1.62% -7.79%
2009 2.63% -2.89%
2008 3.53% -2.86%
2007 -1.54% -2.99%
2006 4.47% -1.12%
2005 -2.24% -4.41%
2004 -5.54% -4.18%
2003 -7.88% -2.7%
2002 -8.79% -2.02%
2001 -6.82% 2.3%
2000 -3.73% -1.36%
1999 -3.84% -1.47%
1998 -5.1% -2.81%
1997 -3.28% -1.78%
1996 -1.9% -2.83%
1995 -1.82% -3.81%
1994 -3% -6%
1993 -6.1% -4.96%
1992 -4.4% -7.26%
1991 -4.2% -6.57%
1990 -4.4% -3.92%
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/syria | CC BY

In 2010, Bolivia's government surplus, the difference between spending and revenue, was $319M, equivalent to 1.62% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 21 years, Bolivia recorded a fiscal deficit in 17 of those years, while Syria ran a deficit in 20 years. On average, Bolivia posted an annual deficit equal to 2.97% of GDP, compared to deficit of 3.4% of GDP for Syria.

Inflation comparison by year

Inflation
Bolivia

Syria
1x
Year Consumer prices inflation
Bolivia Syria
2024 5.1% -
2023 2.58% -
2022 1.75% -
2021 0.74% -
2020 0.94% -
2019 1.84% 13.4%
2018 2.27% 0.94%
2017 2.82% 18.1%
2016 3.62% 47.7%
2015 4.06% 38.5%
2014 5.77% 10.9%
2013 5.74% 40%
2012 4.52% 36.7%
2011 9.88% 4.75%
2010 2.5% 4.4%
2009 3.35% 2.92%
2008 14% 15.7%
2007 8.71% 3.91%
2006 4.28% 10%
2005 5.39% 7.24%
2004 4.44% 4.43%
2003 3.34% 5.8%
2002 0.93% -0.13%
2001 1.59% 3%
2000 4.61% -3.85%
1999 2.16% -3.7%
1998 7.67% -0.8%
1997 4.71% 1.89%

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

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

Over the past 23 years, Bolivia has recorded an average annual inflation rate of 4.7%, compared with 11.4% in Syria. In 2019, inflation was 5.1% in Bolivia and 13.4% in Syria.

Top exports between countries

Bolivia
Export category Export value
Syria
Export category Export value
Chemicals & pharma $110K

Balance of trade

Bolivia Syria
Current account balance
-$1.41B
2024
-$367M
2010
Current account balance ranking
132/190
2024
103/190
2010
Current account balance, % of GDP
-2.56%
2024
-0.6%
2010
Goods imports
$9.15B
2024
$15.9B
2010
Goods exports
$8.93B
2024
$12.3B
2010
Service imports
$2.35B
2024
$3.53B
2010
Service exports
$1.14B
2024
$7.33B
2010
Imports of goods and services, % of GDP
25.5%
2024
28.8%
2022
Exports of goods and services, % of GDP
21.4%
2024
6.81%
2022

Economic freedom indices

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

Bolivia Syria
Economic freedom 42.4 51.2
Economic freedom ranking 184/197 155/197
Property rights 20.2 4
Government integrity 27.1 3.6
Judicial effectiveness 29.5 3.7
Tax burden 86.4 87.3
Government spending 56.3 78.5
Fiscal health 0.8 13.8
Business freedom 53.6 33.8
Labor freedom 52.2 37.2
Monetary freedom 67.1 80
Trade freedom 60.6 47
Investment freedom 15 0
Financial freedom 40 20

Economic freedom comparison by year

Bolivia
Syria
1x
Year Economic freedom index
Bolivia Syria
2026 42.4 -
2025 44.1 -
2024 43.5 -
2023 43.4 -
2022 43 -
2021 42.7 -
2020 42.8 -
2019 42.3 -
2018 44.1 -
2017 47.7 -
2016 47.4 -
2015 46.8 -
2014 48.4 -
2013 47.9 -
2012 50.2 51.2
2011 50 51.3
2010 49.4 49.4
2009 53.6 51.3
2008 53.1 47.2
2007 54.2 48.3
2006 57.8 51.2
2005 58.4 46.3
2004 64.5 40.6
2003 64.3 41.3
2002 65.1 36.3
2001 68 36.6
2000 65 37.2
1999 65.6 39
1998 68.8 42.2
1997 65.1 43
1996 65.2 42.3
1995 56.8 -

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

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Syria
Services, % of GDP
53.4%
2024
44.9%
2022
Industry, % of GDP
31.3%
2024
12%
2022
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
43.1%
2022
GNI, Atlas method
$51.7B
2024
$18.2B
2023
GNI per capita, PPP
$12,620
2024
$4,480
2023
Total reserves including gold
$1.98B
2024
$20.6B
2010
Total reserves ranking
127/177
2024
62/177
2010
Net foreign direct investment
-$113M
2024
-$1.47B
2010
Net inflows of foreign direct investment
$387M
2024
$0
2024
Net outflows of foreign direct investment
$133M
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
0.15%
2023
Poverty at national poverty lines
36.5%
2023
35.2%
2007
Gross capital formation, % of GDP
17.9%
2024
16%
1969

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/syria | 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2010, retrieved 2026-02-08)

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.