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Economy of Bolivia vs Ukraine compared: GDP & Debt

Updated on by Georank

Bolivia has a GDP of $64.8B compared to $214B for Ukraine, ranking 88/197 and 57/197 by economy size, respectively.

Bolivia has $54.9B in government debt (84.8% of GDP), compared to $233B (108.7% of GDP) in Ukraine.

Bolivia vs Ukraine GDP by year

Bolivia
Ukraine
1x
Year GDP, current $
Bolivia Ukraine
2025 $64,768,947,525 $214,233,312,784
2024 $54,881,327,453 $190,833,835,445
2023 $52,340,206,946 $181,221,517,869
2022 $50,959,081,954 $161,989,520,721
2021 $47,877,892,402 $199,765,859,571
2020 $42,313,784,081 $156,617,722,013
2019 $49,056,643,589 $153,883,047,510
2018 $48,414,038,842 $130,891,088,294
2017 $45,927,439,595 $112,090,505,082
2016 $33,941,126,194 $93,355,869,404
2015 $33,000,198,249 $91,030,967,789
2014 $32,996,188,017 $133,503,871,862
2013 $30,659,338,886 $190,498,811,460
2012 $27,084,497,482 $182,591,753,828
2011 $23,963,164,697 $169,333,835,202
2010 $19,649,723,722 $141,209,170,427
2009 $17,339,992,194 $121,552,153,444
2008 $16,674,276,286 $188,110,390,660
2007 $13,120,108,008 $148,733,861,386
2006 $11,451,844,902 $111,884,752,475
2005 $9,549,122,905 $89,238,865,119
2004 $8,773,451,752 $67,220,154,164
2003 $8,082,399,640 $52,010,355,753
2002 $7,905,485,146 $43,956,163,612
2001 $8,141,516,928 $39,309,580,983
2000 $8,397,855,485 $32,375,083,935
1999 $8,285,064,435 $31,580,639,554
1998 $8,497,494,652 $41,882,523,345
1997 $7,925,736,821 $50,151,531,592
1996 $7,396,949,126 $44,558,831,005
1995 $6,715,161,732 $48,213,856,469
1994 $5,981,222,859 $52,549,580,265
1993 $5,734,699,489 $65,648,559,903
1992 $5,643,868,749 $73,945,908,384
1991 $5,343,262,457 $77,350,733,982
1990 $4,867,582,598 $81,393,558,423
1989 $4,715,973,437 $82,709,161,099
1988 $4,597,612,362 $74,703,517,903
1987 $4,347,956,338 $64,087,694,038
1986 $3,959,382,833 -
1985 $5,377,276,555 -
1984 $6,169,483,225 -
1983 $5,422,656,823 -
1982 $5,594,126,369 -
1981 $5,891,598,695 -
1980 $4,537,479,608 -
1979 $4,421,336,383 -
1978 $3,758,220,890 -
1977 $3,227,436,282 -
1976 $2,731,984,008 -
1975 $2,404,697,651 -
1974 $2,100,249,875 -
1973 $1,262,968,516 -
1972 $1,257,615,645 -
1971 $1,095,622,896 -
1970 $1,017,003,367 -
1969 $929,629,630 -
1968 $857,912,458 -
1967 $755,808,081 -
1966 $669,191,919 -
1965 $604,377,104 -
1964 $544,023,569 -
1963 $482,828,283 -
1962 $448,400,673 -
1961 $410,101,010 -
1960 $377,020,202 -

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

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

GDP per capita in Bolivia vs Ukraine by year

Bolivia
GDP per capita

GDP per capita, PPP
Ukraine
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia Ukraine
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,148 - $5,496 -
2024 $4,421 $12,878 $5,040 $18,549
2023 $4,275 $12,892 $4,803 $17,665
2022 $4,219 $12,307 $3,946 $14,770
2021 $4,011 $11,202 $4,510 $17,846
2020 $3,581 $9,581 $3,505 $15,541
2019 $4,203 $11,005 $3,423 $14,217
2018 $4,207 $10,758 $2,895 $12,555
2017 $4,048 $10,420 $2,467 $11,536
2016 $3,036 $9,242 $2,047 $10,865
2015 $2,996 $8,757 $1,988 $9,922
2014 $3,041 $8,629 $2,904 $10,494
2013 $2,870 $8,069 $4,130 $10,904
2012 $2,576 $7,184 $3,951 $9,552
2011 $2,316 $6,598 $3,657 $9,127
2010 $1,930 $6,245 $3,040 $8,453
2009 $1,731 $6,024 $2,607 $7,995
2008 $1,693 $5,890 $4,018 $9,324
2007 $1,355 $5,537 $3,160 $8,900
2006 $1,203 $5,244 $2,366 $7,971
2005 $1,020 $4,938 $1,875 $7,142
2004 $953 $4,663 $1,401 $6,663
2003 $893 $4,433 $1,076 $5,764
2002 $888 $4,304 $903 $5,123
2001 $930 $4,205 $800 $4,747
2000 $976 $4,113 $653 $4,228
1999 $979 $3,991 $632 $3,871
1998 $1,022 $3,988 $831 $3,794
1997 $970 $3,822 $987 $3,794
1996 $922 $3,645 $870 $3,812
1995 $853 $3,494 $933 $4,124
1994 $774 $3,331 $1,009 $4,565
1993 $757 $3,177 $1,254 $5,766
1992 $760 $3,036 $1,413 $6,568
1991 $734 $2,981 $1,483 $7,148
1990 $683 $2,797 $1,564 $7,591
1989 $675 - $1,593 -
1988 $673 - $1,444 -
1987 $650 - $1,244 -
1986 $604 - - -
1985 $838 - - -
1984 $982 - - -
1983 $882 - - -
1982 $930 - - -
1981 $1,001 - - -
1980 $788 - - -
1979 $785 - - -
1978 $683 - - -
1977 $600 - - -
1976 $520 - - -
1975 $468 - - -
1974 $418 - - -
1973 $257.2 - - -
1972 $261.9 - - -
1971 $233.4 - - -
1970 $221.6 - - -
1969 $207.1 - - -
1968 $195.5 - - -
1967 $176.1 - - -
1966 $159.3 - - -
1965 $147.1 - - -
1964 $135.2 - - -
1963 $122.6 - - -
1962 $116.2 - - -
1961 $108.5 - - -
1960 $101.8 - - -

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

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

Bolivia's GDP per capita is $5,148, ranking 121/197, compared to $5,496 in Ukraine, ranking 118/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while Ukraine ranks 101st at $18,549.

Economic indicators

Bolivia Ukraine
Gross domestic product
$64.8B
2025
$214B
2025
GDP rank
88/197
2025
57/197
2025
GDP growth
-1.58%
2024-2025
1.82%
2024-2025
GDP per capita
$5,148
2025
$5,496
2025
GDP per capita rank
121/197
2025
118/197
2025
GDP per capita, PPP
$12,878
2024
$18,549
2024
GDP per capita PPP rank
122/197
2024
101/197
2024
Government debt
$54.9B
2025
$233B
2025
Debt-to-GDP ratio
84.8%
2025
108.7%
2025
Government debt per person
$4,364
2025
$5,977
2025
Government debt per person rank
93/185
2025
76/185
2025
Average annual personal income after taxes
$4,410
2026
$5,580
2026
Market capitalization of domestic companies n/a
$4.42B
2018
Number of billionaires n/a
7
2026
Income share by richest 10%
30.6%
2024
21.7%
2020
Income share by poorest 10%
1.9%
2024
4.3%
2020
Government expenditure, % of GDP
32.2%
2025
74.5%
2025
Consumer prices inflation
19.5%
2024-2025
12.7%
2024-2025
Central bank interest rate
3.26%
2025
15.5%
2025
Unemployment rate
2.73%
2024
9.83%
2021
Population
12837312
40408451

Spending and national debt comparison by year

Bolivia
Spending

Debt
Ukraine
Spending

Debt
1x
Year % of GDP
Bolivia Ukraine
Government spending Government debt Government spending Government debt
2025 32.2% 84.8% 74.5% 108.7%
2024 33.5% 83.2% 71.2% 89.7%
2023 33.5% 78.3% 73.4% 81.2%
2022 31.2% 69.2% 65.4% 77.7%
2021 29.4% 68.7% 40.5% 48.9%
2020 31.9% 67.5% 45.6% 60.5%
2019 30.1% 48.9% 41.5% 50.5%
2018 31.4% 44.2% 41.9% 60.4%
2017 31.6% 41.9% 41.7% 71.6%
2016 32.9% 38.2% 40.8% 79.5%
2015 37% 34% 43% 79.3%
2014 34.9% 31.8% 44.8% 70.3%
2013 30.4% 31% 46.3% 39%
2012 31.3% 30.7% 47.1% 36.1%
2011 30.6% 30.5% 44% 35.5%
2010 27.5% 32.8% 47.3% 39.1%
2009 28.9% 34.1% 46.8% 34.1%
2008 31.1% 32.4% 45.4% 19.7%
2007 28.9% 35.5% 42.1% 11.8%
2006 26.6% 48.6% 42.9% 14.3%
2005 29.5% 73.2% 42.6% 17.1%
2004 29% 80.6% 40.1% 23.9%
2003 28.6% 85.5% 37.5% 28.3%
2002 29.6% 77.2% 36.5% 32.3%
2001 28.6% 74.4% 35.3% 35.3%
2000 26.2% 66.5% 35.4% 43.7%
1999 26.3% 61.7% 26.7% 61%
1998 26.8% 61.2% 38.4% 48.1%
1997 25.3% 64.6% 42.2% 29.9%
1996 23.3% 72.4% 38.2% 24.4%
1995 23.1% 81.7% 42.7% 30.2%
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/ukraine | CC BY

In 2025, Bolivia's government spending was $20.8B, accounting for 32.2% of its GDP, while Ukraine spent $160B, or 74.5% of GDP.

Debt-to-GDP ratio is 84.8% in Bolivia and 108.7% in Ukraine, ranking 36/185 and 16/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

Ukraine
1x
Year Deficit/surplus, % of GDP
Bolivia Ukraine
2025 -11.6% -23.3%
2024 -8.7% -17.2%
2023 -9.46% -19.3%
2022 -6.15% -15.6%
2021 -7.87% -3.97%
2020 -11% -5.92%
2019 -6.04% -2.08%
2018 -6.8% -2.12%
2017 -6.42% -2.36%
2016 -5.95% -2.46%
2015 -5.76% -1.16%
2014 -2.88% -4.46%
2013 0.51% -4.6%
2012 1.49% -4.15%
2011 0.72% -2.66%
2010 1.42% -5.56%
2009 2.29% -6.04%
2008 3.1% -3.02%
2007 -1.37% -1.89%
2006 3.99% -1.31%
2005 -2% -2.19%
2004 -4.97% -4.25%
2003 -7.04% -0.86%
2002 -7.82% -1.77%
2001 -6.11% -2.92%
2000 -3.34% -3.18%
1999 -3.43% 5.12%
1998 -4.56% -2.78%
1997 -2.94% -5.56%
1996 -1.7% -3.2%
1995 -1.63% -4.88%
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/ukraine | 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 Ukraine's deficit of $50B, or 23.3% of GDP.

Over the past 31 years, Bolivia recorded a fiscal deficit in 24 of those years, while Ukraine ran a deficit in 30 years. On average, Bolivia posted an annual deficit equal to 3.94% of GDP, compared to deficit of 5.02% of GDP for Ukraine.

Inflation comparison by year

Inflation
Bolivia

Ukraine
1x
Year Consumer prices inflation
Bolivia Ukraine
2025 19.5% 12.7%
2024 5.1% 6.5%
2023 2.58% 12.9%
2022 1.75% 20.2%
2021 0.74% 9.4%
2020 0.94% 2.7%
2019 1.84% 7.9%
2018 2.27% 10.9%
2017 2.82% 14.4%
2016 3.62% 13.9%
2015 4.06% 48.7%
2014 5.77% 12.1%
2013 5.74% -0.3%
2012 4.52% 0.6%
2011 9.88% 8%
2010 2.5% 9.4%
2009 3.35% 15.9%
2008 14% 25.2%
2007 8.71% 12.8%
2006 4.28% 9.1%
2005 5.39% 13.5%
2004 4.44% 9%
2003 3.34% 5.2%
2002 0.93% 0.8%
2001 1.59% 12%
2000 4.61% 28.2%
1999 2.16% 22.7%
1998 7.67% 10.6%
1997 4.71% 15.9%

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/ukraine | CC BY

Over the past 29 years, Bolivia has recorded an average annual inflation rate of 4.79%, compared with 12.8% in Ukraine. In 2025, inflation was 19.5% in Bolivia and 12.7% in Ukraine.

Top exports between countries

Bolivia
Export category Export value
Raw agricultural goods $537K
Raw materials & minerals $9K
Miscellaneous $5K
Machinery & equipment $2K
Ukraine
Export category Export value
Metals $7.73M
Raw agricultural goods $454K
Chemicals & pharma $425K
Processed food, beverages & tobacco $171K
Machinery & equipment $94K
Raw materials & minerals $68K
Textiles & consumer goods $37K
Wood & paper products $2K

Balance of trade

Bolivia Ukraine
Current account balance
-$1.22B
2025
-$15.2B
2024
Current account balance ranking
124/190
2025
180/190
2024
Current account balance, % of GDP
-1.88%
2025
-7.96%
2024
Goods imports
$9.23B
2025
$72.3B
2024
Goods exports
$9.56B
2025
$39.3B
2024
Service imports
$2.25B
2025
$23.1B
2024
Service exports
$1.21B
2025
$17.3B
2024
Imports of goods and services, % of GDP
25.5%
2024
51.8%
2025
Exports of goods and services, % of GDP
21.4%
2024
25.3%
2025

Economic freedom indices

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

Bolivia Ukraine
Economic freedom 42.4 54.1
Economic freedom ranking 184/197 135/197
Property rights 20.2 21.6
Government integrity 27.1 35
Judicial effectiveness 29.5 28.2
Tax burden 86.4 83.7
Government spending 56.3 0
Fiscal health 0.8 3.9
Business freedom 53.6 57.4
Labor freedom 52.2 46.9
Monetary freedom 67.1 65.7
Trade freedom 60.6 73
Investment freedom 15 35
Financial freedom 40 30

Economic freedom comparison by year

Bolivia
Ukraine
1x
Year Economic freedom index
Bolivia Ukraine
2026 42.4 -
2025 44.1 -
2024 43.5 -
2023 43.4 -
2022 43 54.1
2021 42.7 56.2
2020 42.8 54.9
2019 42.3 52.3
2018 44.1 51.9
2017 47.7 48.1
2016 47.4 46.8
2015 46.8 46.9
2014 48.4 49.3
2013 47.9 46.3
2012 50.2 46.1
2011 50 45.8
2010 49.4 46.4
2009 53.6 48.8
2008 53.1 51
2007 54.2 51.5
2006 57.8 54.4
2005 58.4 55.8
2004 64.5 53.7
2003 64.3 51.1
2002 65.1 48.2
2001 68 48.5
2000 65 47.8
1999 65.6 43.7
1998 68.8 40.4
1997 65.1 43.5
1996 65.2 40.6
1995 56.8 39.9

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

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

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 54.1 for Ukraine, ranking 135/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia Ukraine
Services, % of GDP
53.4%
2024
61%
2025
Industry, % of GDP
31.3%
2024
17.9%
2025
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
7.57%
2025
GNI, Atlas method
$55.6B
2025
$201B
2025
GNI per capita, PPP
$12,530
2025
$18,750
2025
Total reserves including gold
$580M
2025
$57.3B
2025
Total reserves ranking
155/177
2025
43/177
2025
Net foreign direct investment
-$464M
2025
-$3.71B
2024
Net inflows of foreign direct investment
$358M
2024
$4.02B
2024
Net outflows of foreign direct investment
$133M
2024
$305M
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
5.4%
2024
Poverty at national poverty lines
37.7%
2024
23.2%
2020
Gross capital formation, % of GDP
17.9%
2024
20.8%
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/ukraine | 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. TradeMap (2021–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, 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.