Bolivia: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Bolivia

Government spending as percent of GDP

 Latest value 16.53
 Year 2024
 Measure percent
 Data availability 1960 - 2024
 Average 13.07
 Min - Max 8.64 - 18.61
 Source The World Bank
The latest value from 2024 is 16.53 percent, a decline from 16.85 percent in 2023. In comparison, the world average is 15.06 percent, based on data from 120 countries. Historically, the average for Bolivia from 1960 to 2024 is 13.07 percent. The minimum value, 8.64 percent, was reached in 1960 while the maximum of 18.61 percent was recorded in 2020. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Bolivia - Government spending, percent of GDP - Recent values chart

Historical series
Bolivia - Government spending, percent of GDP - historical chart - 1960-2024




The government size of Bolivia and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

Selected articles from our guide:

Are trade deficits bad for the economy?

Sources of economic growth

Currency values and investment returns

How to write an economics research paper

All articles



 Related indicators Latest Reference Measure
 Government spending, percent of GDP 16.53 2024 percent
 Government spending, in dollars 9.07 2024 billion U.S. dollars
 Fiscal balance, percent of GDP -10.62 2024 percent
 Primary budget balance -7.51 2024 percent
 Government expenditure 16.08 Q4/2025 billion
 Tax revenue 16.96 2007 percent
 Commercial tax rate 83.70 2019 percent
 Tax preparation time 1,025 2019 hours
 Taxes on goods and services 49.31 2007 percent
 Taxes on international trade 3.34 2007 percent
 Income and profits taxes 9.64 2007 percent
 Foreign aid 764.39 2023 million U.S. dollars
 Government debt 97.95 2024 percent
 Sovereign debt average maturity 15.59 2016 percent
This site uses cookies.
Learn more here


OK