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Economy of Bolivia vs United Arab Emirates compared: GDP & Debt

Updated on by Georank

Bolivia has a GDP of $64.8B compared to $552B for the United Arab Emirates, ranking 88/197 and 31/197 by economy size, respectively.

Bolivia has $54.9B in government debt (84.8% of GDP), compared to $193B (34.3% of GDP) in the United Arab Emirates.

Bolivia vs United Arab Emirates GDP by year

Bolivia
United Arab Emirates
1x
Year GDP, current $
Bolivia UAE
2025 $64,768,947,525 -
2024 $54,881,327,453 $552,324,919,096
2023 $52,340,206,946 $522,622,268,401
2022 $50,959,081,954 $511,403,404,642
2021 $47,877,892,402 $422,441,282,436
2020 $42,313,784,081 $357,161,776,271
2019 $49,056,643,589 $433,926,218,686
2018 $48,414,038,842 $440,560,003,161
2017 $45,927,439,595 $403,365,056,079
2016 $33,941,126,194 $381,717,208,621
2015 $33,000,198,249 $381,973,135,513
2014 $32,996,188,017 $424,935,834,104
2013 $30,659,338,886 $409,632,574,703
2012 $27,084,497,482 $392,793,559,051
2011 $23,963,164,697 $368,881,033,963
2010 $19,649,723,722 $307,736,348,527
2009 $17,339,992,194 $253,547,358,747
2008 $16,674,276,286 $315,474,615,741
2007 $13,120,108,008 $257,916,148,767
2006 $11,451,844,902 $222,116,532,963
2005 $9,549,122,905 $180,617,467,954
2004 $8,773,451,752 $147,824,249,958
2003 $8,082,399,640 $124,346,476,180
2002 $7,905,485,146 $109,816,091,079
2001 $8,141,516,928 $103,311,631,797
2000 $8,397,855,485 $104,337,463,730
1999 $8,285,064,435 $84,445,399,335
1998 $8,497,494,652 $75,674,384,205
1997 $7,925,736,821 $78,838,886,862
1996 $7,396,949,126 $73,571,217,377
1995 $6,715,161,732 $65,743,604,966
1994 $5,981,222,859 $59,305,111,228
1993 $5,734,699,489 $55,625,269,485
1992 $5,643,868,749 $54,239,188,746
1991 $5,343,262,457 $51,552,058,250
1990 $4,867,582,598 $50,701,374,187
1989 $4,715,973,437 $41,464,966,302
1988 $4,597,612,362 $36,275,613,877
1987 $4,347,956,338 $36,384,802,310
1986 $3,959,382,833 $33,943,568,481
1985 $5,377,276,555 $40,603,631,079
1984 $6,169,483,225 $41,807,931,453
1983 $5,422,656,823 $42,803,373,390
1982 $5,594,126,369 $46,622,715,281
1981 $5,891,598,695 $49,333,471,895
1980 $4,537,479,608 $43,599,134,193
1979 $4,421,336,383 $31,225,557,022
1978 $3,758,220,890 $23,775,718,541
1977 $3,227,436,282 $24,871,660,292
1976 $2,731,984,008 $19,213,212,475
1975 $2,404,697,651 $14,720,729,969
1974 $2,100,249,875 $11,651,505,689
1973 $1,262,968,516 $4,231,243,616
1972 $1,257,615,645 $1,415,086,929
1971 $1,095,622,896 $939,893,600
1970 $1,017,003,367 $685,986,701
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/united-arab-emirates | CC BY

GDP per capita in Bolivia vs United Arab Emirates by year

Bolivia
GDP per capita

GDP per capita, PPP
United Arab Emirates
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bolivia UAE
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,148 - - -
2024 $4,421 $12,878 $50,274 $79,229
2023 $4,275 $12,892 $49,851 $77,955
2022 $4,219 $12,307 $50,760 $75,072
2021 $4,011 $11,202 $44,118 $68,580
2020 $3,581 $9,581 $37,992 $66,791
2019 $4,203 $11,005 $45,939 $79,816
2018 $4,207 $10,758 $47,135 $77,446
2017 $4,048 $10,420 $43,734 $70,282
2016 $3,036 $9,242 $42,721 $69,987
2015 $2,996 $8,757 $44,910 $73,986
2014 $3,041 $8,629 $52,725 $87,478
2013 $2,870 $8,069 $53,247 $87,526
2012 $2,576 $7,184 $53,142 $89,198
2011 $2,316 $6,598 $51,922 $89,665
2010 $1,930 $6,245 $44,795 $85,120
2009 $1,731 $6,024 $37,803 $84,780
2008 $1,693 $5,890 $50,054 $94,628
2007 $1,355 $5,537 $45,855 $100,813
2006 $1,203 $5,244 $44,343 $106,814
2005 $1,020 $4,938 $38,719 $101,301
2004 $953 $4,663 $33,377 $98,661
2003 $893 $4,433 $29,660 $92,636
2002 $888 $4,304 $27,754 $88,467
2001 $930 $4,205 $27,745 $90,370
2000 $976 $4,113 $29,866 $92,899
1999 $979 $3,991 $25,856 $87,658
1998 $1,022 $3,988 $24,889 $90,229
1997 $970 $3,822 $27,983 $96,009
1996 $922 $3,645 $28,323 $94,620
1995 $853 $3,494 $27,003 $93,702
1994 $774 $3,331 $25,473 $89,959
1993 $757 $3,177 $25,033 $86,330
1992 $760 $3,036 $25,648 $87,509
1991 $734 $2,981 $25,691 $87,250
1990 $683 $2,797 $26,710 $88,455
1989 $675 - $23,167 -
1988 $673 - $21,570 -
1987 $650 - $23,113 -
1986 $604 - $23,132 -
1985 $838 - $29,468 -
1984 $982 - $32,012 -
1983 $882 - $34,650 -
1982 $930 - $39,972 -
1981 $1,001 - $44,855 -
1980 $788 - $42,925 -
1979 $785 - $34,238 -
1978 $683 - $29,379 -
1977 $600 - $35,020 -
1976 $520 - $31,197 -
1975 $468 - $27,117 -
1974 $418 - $23,823 -
1973 $257.2 - $9,696 -
1972 $261.9 - $3,675 -
1971 $233.4 - $2,805 -
1970 $221.6 - $2,394 -
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/united-arab-emirates | CC BY

Bolivia's GDP per capita is $5,148, ranking 121/197, compared to $50,274 in the United Arab Emirates, ranking 25/197. Adjusted for purchasing power (GDP per capita PPP), Bolivia ranks 122nd at $12,878, while the United Arab Emirates ranks 16th at $79,229.

Economic indicators

Bolivia UAE
Gross domestic product
$64.8B
2025
$552B
2024
GDP rank
88/197
2025
31/197
2024
GDP growth
-1.58%
2024-2025
3.99%
2023-2024
GDP per capita
$5,148
2025
$50,274
2024
GDP per capita rank
121/197
2025
25/197
2024
GDP per capita, PPP
$12,878
2024
$79,229
2024
GDP per capita PPP rank
122/197
2024
16/197
2024
Government debt
$54.9B
2025
$193B
2024
Debt-to-GDP ratio
84.8%
2025
34.3%
2025
Government debt per person
$4,364
2025
$17,568
2024
Government debt per person rank
93/185
2025
37/185
2024
Average annual personal income after taxes
$4,410
2026
$40,096
2026
Market capitalization of domestic companies n/a
$1.11T
2025
Number of millionaires n/a
183,000
2026
Number of billionaires n/a
6
2026
Income share by richest 10%
30.6%
2024
20.5%
2018
Income share by poorest 10%
1.9%
2024
2.8%
2018
Government expenditure, % of GDP
32.2%
2025
22.6%
2025
Consumer prices inflation
19.5%
2024-2025
1.3%
2024-2025
Central bank interest rate
3.26%
2025
3.65%
2025
Unemployment rate
2.73%
2024
1.88%
2024
Population
12837312
11885001

Spending and national debt comparison by year

Bolivia
Spending

Debt
United Arab Emirates
Spending

Debt
1x
Year % of GDP
Bolivia UAE
Government spending Government debt Government spending Government debt
2025 32.2% 84.8% 22.6% 34.3%
2024 33.5% 83.2% 21.4% 34.9%
2023 33.5% 78.3% 22.7% 31.9%
2022 31.2% 69.2% 22.7% 31.5%
2021 29.4% 68.7% 25.9% 35.7%
2020 31.9% 67.5% 30.5% 30.1%
2019 30.1% 48.9% 27.4% 25.8%
2018 31.4% 44.2% 25.9% 20.7%
2017 31.6% 41.9% 27.2% 21.2%
2016 32.9% 38.2% 31.7% 18.6%
2015 37% 34% 26.4% 15.6%
2014 34.9% 31.8% 31.4% 13.5%
2013 30.4% 31% 28.9% 15.3%
2012 31.3% 30.7% 27.8% 20.2%
2011 30.6% 30.5% 29.6% 20.4%
2010 27.5% 32.8% 30.4% 18.3%
2009 28.9% 34.1% 35% 21.1%
2008 31.1% 32.4% 22% 8.95%
2007 28.9% 35.5% 17.7% 8.89%
2006 26.6% 48.6% 15.6% 5.05%
2005 29.5% 73.2% 15.7% 4.48%
2004 29% 80.6% 17.7% 4.08%
2003 28.6% 85.5% 20% 3.33%
2002 29.6% 77.2% 21.3% 3.43%
2001 28.6% 74.4% 25.2% 2.69%
2000 26.2% 66.5% 21.8% 3.12%
1999 26.3% 61.7% 24.3% 4.73%
1998 26.8% 61.2% 25.8% 4.18%
1997 25.3% 64.6% 22.6% 2.86%
1996 23.3% 72.4% 27.6% 3.48%
1995 23.1% 81.7% 26.1% 5.06%
1994 23.9% 87.6% 30.1% 5.58%
1993 24.3% 83.8% 31.5% 6.01%
1992 22.6% 92.4% 29.6% 5.31%
1991 21.6% 92.8% 36% 4.97%
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/united-arab-emirates | CC BY

In 2025, Bolivia's government spending was $20.8B, accounting for 32.2% of its GDP, while the United Arab Emirates spent $118B, or 22.6% of GDP.

Debt-to-GDP ratio is 84.8% in Bolivia and 34.3% in the United Arab Emirates, ranking 36/185 and 146/185, respectively.

Government deficit by year

Deficit/surplus
Bolivia

United Arab Emirates
1x
Year Deficit/surplus, % of GDP
Bolivia UAE
2025 -11.6% 5.15%
2024 -8.7% 6.41%
2023 -9.46% 5.82%
2022 -6.15% 9.8%
2021 -7.87% 3.96%
2020 -11% -2.42%
2019 -6.04% 2.5%
2018 -6.8% 3.65%
2017 -6.42% -0.16%
2016 -5.95% -2.95%
2015 -5.76% -6.35%
2014 -2.88% 1.74%
2013 0.51% 7.99%
2012 1.49% 8.59%
2011 0.72% 5.05%
2010 1.42% 0.52%
2009 2.29% -6.13%
2008 3.1% 17.6%
2007 -1.37% 17.1%
2006 3.99% 20.2%
2005 -2% 16%
2004 -4.97% 6.4%
2003 -7.04% 2.35%
2002 -7.82% -1.24%
2001 -6.11% 1.21%
2000 -3.34% 10.7%
1999 -3.43% 1.31%
1998 -4.56% 1%
1997 -2.94% 6.71%
1996 -1.7% 0.92%
1995 -1.63% 3.58%
1994 -2.68% -1.78%
1993 -5.46% -2.89%
1992 -3.94% 3.34%
1991 -3.76% 3.89%
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/united-arab-emirates | CC BY

In 2024, Bolivia's government deficit, the difference between spending and revenue, was $4.78B, equivalent to 8.7% of GDP. This compares to the United Arab Emirates' surplus of $35.4B, or 6.41% of GDP.

Over the past 34 years, Bolivia recorded a fiscal deficit in 27 of those years, while the United Arab Emirates ran a deficit in 8 years. On average, Bolivia posted an annual deficit equal to 3.71% of GDP, compared to surplus of 4.25% of GDP for the United Arab Emirates.

Inflation comparison by year

Inflation
Bolivia

United Arab Emirates
1x
Year Consumer prices inflation
Bolivia UAE
2025 19.5% 1.3%
2024 5.1% 1.7%
2023 2.58% 1.6%
2022 1.75% 4.8%
2021 0.74% -0.1%
2020 0.94% -2.1%
2019 1.84% -1.9%
2018 2.27% 3.1%
2017 2.82% 2%
2016 3.62% 1.6%
2015 4.06% 4.1%
2014 5.77% 2.3%
2013 5.74% 1.1%
2012 4.52% 0.7%
2011 9.88% 0.9%
2010 2.5% 0.9%
2009 3.35% -4.7%
2008 14% 12.3%
2007 8.71% 11.1%
2006 4.28% 9.3%
2005 5.39% 6.2%
2004 4.44% 5%
2003 3.34% 3.1%
2002 0.93% 2.9%
2001 1.59% 2.8%
2000 4.61% 1.3%
1999 2.16% 2.1%
1998 7.67% 2%
1997 4.71% 3%

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/united-arab-emirates | CC BY

Over the past 29 years, Bolivia has recorded an average annual inflation rate of 4.79%, compared with 2.7% in the United Arab Emirates. In 2025, inflation was 19.5% in Bolivia and 1.3% in the United Arab Emirates.

Top exports between countries

Bolivia
Export category Export value
Precious metals & jewellery $349M
Processed food, beverages & tobacco $7.38M
Raw agricultural goods $2.76M
Metals $1.57M
Raw materials & minerals $820K
Wood & paper products $64K
Textiles & consumer goods $41K
Machinery & equipment $22K
Miscellaneous $1K
UAE
Export category Export value
Chemicals & pharma $4.14M
Machinery & equipment $2.54M
Processed food, beverages & tobacco $495K
Raw materials & minerals $169K
Metals $163K
Textiles & consumer goods $122K
Raw agricultural goods $45K
Wood & paper products $30K
Precious metals & jewellery $3K
Miscellaneous $2K

Balance of trade

Bolivia UAE
Current account balance
-$1.22B
2025
$80B
2024
Current account balance ranking
124/190
2025
9/190
2024
Current account balance, % of GDP
-1.88%
2025
+14.5%
2024
Goods imports
$9.23B
2025
$400B
2024
Goods exports
$9.56B
2025
$467B
2024
Service imports
$2.25B
2025
$117B
2024
Service exports
$1.21B
2025
$181B
2024
Imports of goods and services, % of GDP
25.5%
2024
92.2%
2023
Exports of goods and services, % of GDP
21.4%
2024
106.8%
2023

Economic freedom indices

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

Bolivia UAE
Economic freedom 42.4 71.9
Economic freedom ranking 184/197 29/197
Property rights 20.2 62.9
Government integrity 27.1 65.3
Judicial effectiveness 29.5 34.4
Tax burden 86.4 99.9
Government spending 56.3 85.1
Fiscal health 0.8 97.6
Business freedom 53.6 84.5
Labor freedom 52.2 63.2
Monetary freedom 67.1 81.2
Trade freedom 60.6 78.6
Investment freedom 15 50
Financial freedom 40 60

Economic freedom comparison by year

Bolivia
United Arab Emirates
1x
Year Economic freedom index
Bolivia UAE
2026 42.4 71.9
2025 44.1 71.6
2024 43.5 71.1
2023 43.4 70.9
2022 43 70.2
2021 42.7 76.9
2020 42.8 76.2
2019 42.3 77.6
2018 44.1 77.6
2017 47.7 76.9
2016 47.4 72.6
2015 46.8 72.4
2014 48.4 71.4
2013 47.9 71.1
2012 50.2 69.3
2011 50 67.8
2010 49.4 67.3
2009 53.6 64.7
2008 53.1 62.6
2007 54.2 62.6
2006 57.8 62.2
2005 58.4 65.2
2004 64.5 67.2
2003 64.3 73.4
2002 65.1 73.6
2001 68 74.9
2000 65 74.2
1999 65.6 71.5
1998 68.8 72.2
1997 65.1 71.9
1996 65.2 71.6
1995 56.8 -

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

GeoRank.org/economy/bolivia/united-arab-emirates | CC BY

The Economic Freedom Index for Bolivia is 42.4, ranking 184/197, compared to 71.9 for the United Arab Emirates, ranking 29/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bolivia UAE
Services, % of GDP
53.4%
2024
54.9%
2024
Industry, % of GDP
31.3%
2024
44.3%
2024
Agriculture, forestry, and fishing, % of GDP
8.83%
2024
0.77%
2024
GNI, Atlas method
$55.6B
2025
$566B
2024
GNI per capita, PPP
$12,530
2025
$81,640
2024
Total reserves including gold
$580M
2025
$292B
2025
Total reserves ranking
155/177
2025
14/177
2025
Net foreign direct investment
-$464M
2025
$31.5B
2024
Net inflows of foreign direct investment
$358M
2024
$45.6B
2024
Net outflows of foreign direct investment
$133M
2024
$77.2B
2024
Servicing debt to the IMF, % of GNI
3.41%
2024
n/a
Poverty at national poverty lines
37.7%
2024
19.5%
2020
Gross capital formation, % of GDP
17.9%
2024
26.6%
2023

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/united-arab-emirates | CC BY

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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 (2023–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, 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.