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Economy of Bolivia vs Uganda compared: GDP & Debt

Updated on by Georank

Bolivia has a GDP of $64.8B compared to $62B for Uganda, ranking 88/197 and 89/197 by economy size, respectively.

Bolivia has $54.9B in government debt (84.8% of GDP), compared to $33.6B (54.2% of GDP) in Uganda.

Bolivia vs Uganda GDP by year

Bolivia
Uganda
1x
Year GDP, current $
Bolivia Uganda
2025 $64,768,947,525 $61,985,829,288
2024 $54,881,327,453 $53,911,907,079
2023 $52,340,206,946 $48,768,955,863
2022 $50,959,081,954 $45,565,333,211
2021 $47,877,892,402 $40,529,788,749
2020 $42,313,784,081 $37,600,368,242
2019 $49,056,643,589 $35,353,061,003
2018 $48,414,038,842 $32,927,025,620
2017 $45,927,439,595 $30,744,473,841
2016 $33,941,126,194 $29,203,988,696
2015 $33,000,198,249 $32,387,183,730
2014 $32,996,188,017 $32,612,397,257
2013 $30,659,338,886 $28,915,786,517
2012 $27,084,497,482 $27,305,915,911
2011 $23,963,164,697 $27,871,725,241
2010 $19,649,723,722 $26,673,441,431
2009 $17,339,992,194 $25,127,805,567
2008 $16,674,276,286 $14,440,404,132
2007 $13,120,108,008 $11,902,564,495
2006 $11,451,844,902 $9,977,647,683
2005 $9,549,122,905 $9,239,221,763
2004 $8,773,451,752 $7,939,487,548
2003 $8,082,399,640 $6,606,884,275
2002 $7,905,485,146 $6,178,563,591
2001 $8,141,516,928 $5,840,503,869
2000 $8,397,855,485 $6,193,246,837
1999 $8,285,064,435 $5,998,563,258
1998 $8,497,494,652 $6,584,815,847
1997 $7,925,736,821 $6,269,333,313
1996 $7,396,949,126 $6,044,585,327
1995 $6,715,161,732 $5,755,818,842
1994 $5,981,222,859 $3,990,430,447
1993 $5,734,699,489 $3,220,439,044
1992 $5,643,868,749 $2,857,457,762
1991 $5,343,262,457 $3,321,729,160
1990 $4,867,582,598 $4,304,399,310
1989 $4,715,973,437 $5,276,480,799
1988 $4,597,612,362 $6,508,931,652
1987 $4,347,956,338 $6,269,522,042
1986 $3,959,382,833 $3,923,244,050
1985 $5,377,276,555 $3,519,695,444
1984 $6,169,483,225 $3,615,647,477
1983 $5,422,656,823 $2,240,333,333
1982 $5,594,126,369 $2,177,500,000
1981 $5,891,598,695 $1,337,300,000
1980 $4,537,479,608 $1,244,610,000
1979 $4,421,336,383 $2,139,025,000
1978 $3,758,220,890 $2,420,260,870
1977 $3,227,436,282 $2,936,470,588
1976 $2,731,984,008 $2,447,300,000
1975 $2,404,697,651 $2,359,555,556
1974 $2,100,249,875 $2,098,944,967
1973 $1,262,968,516 $1,701,829,789
1972 $1,257,615,645 $1,490,970,181
1971 $1,095,622,896 $1,417,191,656
1970 $1,017,003,367 $1,259,554,809
1969 $929,629,630 $1,168,556,629
1968 $857,912,458 $1,037,379,252
1967 $755,808,081 $967,240,655
1966 $669,191,919 $925,381,492
1965 $604,377,104 $884,502,310
1964 $544,023,569 $589,247,687
1963 $482,828,283 $516,315,231
1962 $448,400,673 $449,158,233
1961 $410,101,010 $441,667,335
1960 $377,020,202 $423,145,605

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Bolivia vs Uganda by year

Bolivia
GDP per capita

GDP per capita, PPP
Uganda
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Uganda
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,148 - $1,206 -
2024 $4,421 $12,878 $1,078 $3,273
2023 $4,275 $12,892 $1,002 $3,098
2022 $4,219 $12,307 $963 $2,919
2021 $4,011 $11,202 $883 $2,685
2020 $3,581 $9,581 $846 $2,532
2019 $4,203 $11,005 $822 $2,441
2018 $4,207 $10,758 $792 $2,312
2017 $4,048 $10,420 $765 $2,158
2016 $3,036 $9,242 $753 $2,165
2015 $2,996 $8,757 $863 $2,190
2014 $3,041 $8,629 $896 $2,134
2013 $2,870 $8,069 $818 $2,045
2012 $2,576 $7,184 $795 $2,032
2011 $2,316 $6,598 $836 $2,268
2010 $1,930 $6,245 $823 $2,092
2009 $1,731 $6,024 $799 $2,015
2008 $1,693 $5,890 $473 $1,931
2007 $1,355 $5,537 $401 $1,795
2006 $1,203 $5,244 $347 $1,660
2005 $1,020 $4,938 $330 $1,497
2004 $953 $4,663 $292.4 $1,405
2003 $893 $4,433 $250.7 $1,320
2002 $888 $4,304 $242 $1,255
2001 $930 $4,205 $236 $1,173
2000 $976 $4,113 $258.1 $1,124
1999 $979 $3,991 $257.9 $1,100
1998 $1,022 $3,988 $292.5 $1,037
1997 $970 $3,822 $286.8 $1,007
1996 $922 $3,645 $284.7 $969
1995 $853 $3,494 $278.5 $897
1994 $774 $3,331 $198.4 $809
1993 $757 $3,177 $165.6 $770
1992 $760 $3,036 $152.1 $719
1991 $734 $2,981 $183 $703
1990 $683 $2,797 $245 $666
1989 $675 - $310 -
1988 $673 - $395 -
1987 $650 - $393 -
1986 $604 - $253.6 -
1985 $838 - $234.3 -
1984 $982 - $247.5 -
1983 $882 - $157.5 -
1982 $930 - $157 -
1981 $1,001 - $98.6 -
1980 $788 - $93.8 -
1979 $785 - $164.5 -
1978 $683 - $190.7 -
1977 $600 - $237.6 -
1976 $520 - $203.3 -
1975 $468 - $201.2 -
1974 $418 - $183.7 -
1973 $257.2 - $152.7 -
1972 $261.9 - $137 -
1971 $233.4 - $133.5 -
1970 $221.6 - $122 -
1969 $207.1 - $116.7 -
1968 $195.5 - $106.9 -
1967 $176.1 - $102.8 -
1966 $159.3 - $101.4 -
1965 $147.1 - $100 -
1964 $135.2 - $68.6 -
1963 $122.6 - $62 -
1962 $116.2 - $55.5 -
1961 $108.5 - $56.2 -
1960 $101.8 - $55.4 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Bolivia's GDP per capita is $5,148, ranking 121/197, compared to $1,206 in Uganda, ranking 173/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Uganda ranks 176th at $3,273.

Economic indicators

Bolivia Uganda
Gross domestic product
$64.8B
2025
$62B
2025
GDP rank
88/197
2025
89/197
2025
GDP growth
-1.58%
2024-2025
6.33%
2024-2025
GDP per capita
$5,148
2025
$1,206
2025
GDP per capita rank
121/197
2025
173/197
2025
GDP per capita, PPP
$12,878
2024
$3,273
2024
GDP per capita PPP rank
122/197
2024
176/197
2024
Government debt
$54.9B
2025
$33.6B
2025
Debt-to-GDP ratio
84.8%
2025
54.2%
2025
Government debt per person
$4,364
2025
$654
2025
Government debt per person rank
93/185
2025
157/185
2025
Average annual personal income after taxes
$4,410
2026
$1,595
2026
Income share by richest 10%
30.6%
2024
34.5%
2019
Income share by poorest 10%
1.9%
2024
2.4%
2019
Government expenditure, % of GDP
32.2%
2025
22.2%
2025
Consumer prices inflation
19.5%
2024-2025
3.6%
2024-2025
Central bank interest rate
3.26%
2025
9.75%
2024
Unemployment rate
2.73%
2024
3.42%
2021
Population
12837312
53495325

Spending and national debt comparison by year

Bolivia
Spending

Debt
Uganda
Spending

Debt
1x
Year % of GDP
Bolivia Uganda
Government spending Government debt Government spending Government debt
2025 32.2% 84.8% 22.2% 54.2%
2024 33.5% 83.2% 18.4% 51.8%
2023 33.5% 78.3% 19.3% 50.4%
2022 31.2% 69.2% 19.5% 49.9%
2021 29.4% 68.7% 22% 50.3%
2020 31.9% 67.5% 21.4% 46.8%
2019 30.1% 48.9% 18.3% 38%
2018 31.4% 44.2% 16.2% 35%
2017 31.6% 41.9% 16.3% 33.6%
2016 32.9% 38.2% 15.2% 31.3%
2015 37% 34% 14.9% 28%
2014 34.9% 31.8% 13.6% 24.8%
2013 30.4% 31% 13.3% 22.1%
2012 31.3% 30.7% 13.1% 19.5%
2011 30.6% 30.5% 13.2% 18%
2010 27.5% 32.8% 15.4% 18.4%
2009 28.9% 34.1% 11.8% 14.8%
2008 31.1% 32.4% 12.9% 15.7%
2007 28.9% 35.5% 13.2% 17%
2006 26.6% 48.6% 13.7% 27.8%
2005 29.5% 73.2% 14.5% 42.6%
2004 29% 80.6% 15.6% 49%
2003 28.6% 85.5% 16.5% 55.1%
2002 29.6% 77.2% 16.8% 54.7%
2001 28.6% 74.4% 16.2% 51.4%
2000 26.2% 66.5% 15.2% 48.5%
1999 26.3% 61.7% 14.7% 47.7%
1998 26.8% 61.2% 14% 45.1%
1997 25.3% 64.6% 13.9% 44.2%
1996 23.3% 72.4% - -
1995 23.1% 81.7% - -
1994 23.9% 87.6% - -
1993 24.3% 83.8% - -
1992 22.6% 92.4% - -
1991 21.6% 92.8% - -
1990 20.4% 102.9% - -
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Bolivia's government spending was $20.8B, accounting for 32.2% of its GDP, while Uganda spent $13.8B, or 22.2% of GDP.

Debt-to-GDP ratio is 84.8% in Bolivia and 54.2% in Uganda, ranking 36/185 and 93/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Uganda
1x
Year Deficit/surplus, % of GDP
Bolivia Uganda
2025 -11.6% -7.13%
2024 -8.7% -3.93%
2023 -9.46% -4.87%
2022 -6.15% -5.44%
2021 -7.87% -7.76%
2020 -11% -7.76%
2019 -6.04% -4.82%
2018 -6.8% -3.02%
2017 -6.42% -3.83%
2016 -5.95% -2.64%
2015 -5.76% -2.59%
2014 -2.88% -2.74%
2013 0.51% -3.19%
2012 1.49% -2.39%
2011 0.72% -2.04%
2010 1.42% -4.64%
2009 2.29% -1.61%
2008 3.1% -1.99%
2007 -1.37% -0.82%
2006 3.99% -0.64%
2005 -2% -0.17%
2004 -4.97% 0.34%
2003 -7.04% -0.97%
2002 -7.82% -2.07%
2001 -6.11% -0.99%
2000 -3.34% -0.62%
1999 -3.43% -1.24%
1998 -4.56% -0.7%
1997 -2.94% -0.83%
1996 -1.7% -
1995 -1.63% -
1994 -2.68% -
1993 -5.46% -
1992 -3.94% -
1991 -3.76% -
1990 -3.94% -
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/uganda | 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 Uganda's deficit of $4.42B, or 7.13% of GDP.

Over the past 29 years, Bolivia recorded a fiscal deficit in 22 of those years, while Uganda ran a deficit in 28 years. On average, Bolivia posted an annual deficit equal to 4.09% of GDP, compared to deficit of 2.8% of GDP for Uganda.

Inflation comparison by year

Inflation
Bolivia

Uganda
1x
Year Consumer prices inflation
Bolivia Uganda
2025 19.5% 3.6%
2024 5.1% 3.3%
2023 2.58% 5.4%
2022 1.75% 7.2%
2021 0.74% 2.2%
2020 0.94% 2.8%
2019 1.84% 2.1%
2018 2.27% 2.5%
2017 2.82% 5.6%
2016 3.62% 5.2%
2015 4.06% 3.7%
2014 5.77% 4.3%
2013 5.74% 5.5%
2012 4.52% 14%
2011 9.88% 18.7%
2010 2.5% 4%
2009 3.35% 13%
2008 14% 12%
2007 8.71% 6.1%
2006 4.28% 7.2%
2005 5.39% 8.6%
2004 4.44% 3.7%
2003 3.34% 8.7%
2002 0.93% -0.3%
2001 1.59% 1.9%
2000 4.61% 3.4%
1999 2.16% 5.8%
1998 7.67% 5.8%
1997 4.71% 7.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Bolivia has recorded an average annual inflation rate of 4.79%, compared with 5.99% in Uganda. In 2025, inflation was 19.5% in Bolivia and 3.6% in Uganda.

Top exports between countries

Bolivia
Export category Export value
Machinery & equipment $16K
Uganda
Export category Export value

Balance of trade

Bolivia Uganda
Current account balance
-$1.22B
2025
-$4.19B
2024
Current account balance ranking
124/190
2025
160/190
2024
Current account balance, % of GDP
-1.88%
2025
-7.78%
2024
Goods imports
$9.23B
2025
$11.7B
2024
Goods exports
$9.56B
2025
$8.67B
2024
Service imports
$2.25B
2025
$4.45B
2024
Service exports
$1.21B
2025
$2.56B
2024
Imports of goods and services, % of GDP
25.5%
2024
28.8%
2025
Exports of goods and services, % of GDP
21.4%
2024
21.4%
2025

Economic freedom indices

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

Bolivia Uganda
Economic freedom 42.4 52.4
Economic freedom ranking 184/197 149/197
Property rights 20.2 42.2
Government integrity 27.1 25.1
Judicial effectiveness 29.5 29.4
Tax burden 86.4 73.4
Government spending 56.3 89
Fiscal health 0.8 58.3
Business freedom 53.6 50.2
Labor freedom 52.2 55.9
Monetary freedom 67.1 77.1
Trade freedom 60.6 58
Investment freedom 15 30
Financial freedom 40 40

Economic freedom comparison by year

Bolivia
Uganda
1x
Year Economic freedom index
Bolivia Uganda
2026 42.4 52.4
2025 44.1 51.3
2024 43.5 50.7
2023 43.4 51.4
2022 43 54.2
2021 42.7 58.6
2020 42.8 59.5
2019 42.3 59.7
2018 44.1 62
2017 47.7 60.9
2016 47.4 59.3
2015 46.8 59.7
2014 48.4 59.9
2013 47.9 61.1
2012 50.2 61.9
2011 50 61.7
2010 49.4 62.2
2009 53.6 63.5
2008 53.1 63.8
2007 54.2 63.1
2006 57.8 63.9
2005 58.4 62.9
2004 64.5 64.1
2003 64.3 60.1
2002 65.1 61
2001 68 60.4
2000 65 58.2
1999 65.6 64.8
1998 68.8 64.7
1997 65.1 66.6
1996 65.2 66.2
1995 56.8 62.9

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 52.4 for Uganda, ranking 149/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Uganda
Services, % of GDP
53.4%
2024
42.1%
2025
Industry, % of GDP
31.3%
2024
24.3%
2025
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
26.1%
2025
GNI, Atlas method
$55.6B
2025
$57.8B
2025
GNI per capita, PPP
$12,530
2025
$3,410
2025
Total reserves including gold
$580M
2025
$3.48B
2024
Total reserves ranking
155/177
2025
116/177
2024
Net foreign direct investment
-$464M
2025
-$3.26B
2024
Net inflows of foreign direct investment
$358M
2024
$3.26B
2024
Net outflows of foreign direct investment
$133M
2024
$400K
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
2.97%
2024
Poverty at national poverty lines
37.7%
2024
16.1%
2023
Gross capital formation, % of GDP
17.9%
2024
22.6%
2025

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/uganda | CC BY

Compare countries by 7 more topics

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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 (2022, 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.