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Economy of Bhutan vs Burundi compared: GDP & Debt

Updated on by Georank team

Bhutan has a GDP of $3.01B compared to $3.08B for Burundi, ranking 170/197 and 169/197 by economy size, respectively.

Bhutan has $3.53B in government debt (110.4% of GDP), compared to $1.6B (52% of GDP) in Burundi.

Bhutan vs Burundi GDP by year

Bhutan
Burundi
1x
Year GDP, current $
Bhutan Burundi
2024 - $3,082,433,067
2023 $3,012,896,789 $3,430,949,250
2022 $2,898,227,744 $4,036,192,553
2021 $2,768,802,960 $3,435,598,073
2020 $2,457,604,334 $3,227,847,281
2019 $2,735,683,570 $2,871,555,326
2018 $2,583,335,722 $2,913,411,408
2017 $2,591,358,009 $2,831,362,208
2016 $2,357,504,761 $2,618,093,125
2015 $2,187,815,803 $2,810,532,912
2014 $2,089,079,571 $2,705,826,648
2013 $1,943,696,952 $2,451,624,638
2012 $1,973,387,228 $2,327,402,363
2011 $1,977,728,659 $2,235,812,880
2010 $1,708,880,730 $2,032,135,192
2009 $1,331,343,798 $1,775,495,032
2008 $1,317,517,835 $1,611,835,857
2007 $1,255,767,964 $1,356,199,387
2006 $942,879,879 $1,273,375,078
2005 $860,391,000 $1,117,113,080
2004 $735,348,490 $915,257,323
2003 $651,935,430 $784,654,424
2002 $559,345,264 $825,394,519
2001 $496,110,226 $876,794,723
2000 $460,733,418 $870,486,066
1999 $399,311,200 $808,077,223
1998 $363,458,381 $893,770,740
1997 $352,229,077 $972,896,268
1996 $303,408,346 $869,033,856
1995 $290,490,984 $1,000,428,394
1994 $258,954,708 $925,030,590
1993 $225,973,693 $938,632,612
1992 $240,233,531 $1,083,037,671
1991 $240,294,286 $1,167,398,478
1990 $287,765,007 $1,132,101,253
1989 $264,798,626 $1,113,924,130
1988 $272,298,067 $1,082,403,219
1987 $242,742,766 $1,131,466,494
1986 $191,218,115 $1,201,725,497
1985 $163,288,815 $1,149,979,286
1984 $160,423,494 $987,143,931
1983 $156,704,290 $1,082,926,304
1982 $141,439,317 $1,013,222,222
1981 $139,174,178 $969,046,667
1980 $128,669,201 $919,726,667
1979 $105,377,995 $782,496,667
1978 $94,086,228 $610,225,556
1977 $97,884,434 $547,535,556
1976 $88,461,263 $448,412,754
1975 $86,820,762 $420,986,667
1974 $92,901,784 $345,263,492
1973 $78,900,289 $304,339,524
1972 $70,139,867 $246,804,571
1971 $66,289,450 $252,842,286
1970 $61,812,113 $242,732,571
1969 - $190,205,714
1968 - $183,200,000
1967 - $178,297,143
1966 - $165,444,571
1965 - $158,994,963
1964 - $260,750,008
1963 - $232,749,998
1962 - $213,500,006
1961 - $202,999,992
1960 - $195,999,990

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

GeoRank.org/economy/bhutan/burundi | CC BY

GDP per capita in Bhutan vs Burundi by year

Bhutan
GDP per capita

GDP per capita, PPP
Burundi
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bhutan Burundi
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $219.4 $1,195
2023 $3,831 $16,215 $250.6 $1,150
2022 $3,711 $15,064 $303 $1,105
2021 $3,571 $13,459 $265 $1,036
2020 $3,192 $12,475 $255.8 $958
2019 $3,577 $12,909 $234.3 $868
2018 $3,400 $11,970 $245.7 $823
2017 $3,435 $11,677 $246.1 $791
2016 $3,152 $11,273 $232.9 $764
2015 $2,954 $10,214 $254.4 $722
2014 $2,849 $9,323 $250.5 $724
2013 $2,680 $8,667 $234.8 $687
2012 $2,751 $8,577 $231.1 $637
2011 $2,788 $7,935 $230.1 $629
2010 $2,436 $7,246 $216.7 $614
2009 $1,918 $6,466 $198.4 $605
2008 $1,920 $6,035 $189.5 $609
2007 $1,850 $5,729 $166.2 $594
2006 $1,406 $4,860 $161.9 $580
2005 $1,300 $4,523 $147.2 $553
2004 $1,130 $4,173 $125.2 $552
2003 $1,022 $3,942 $111.4 $532
2002 $896 $3,663 $121 $545
2001 $812 $3,338 $132.2 $528
2000 $772 $3,113 $134.5 $519
1999 $685 $3,017 $127.5 $523
1998 $638 $2,819 $144.5 $533
1997 $630 $2,683 $160.3 $513
1996 $553 $2,548 $143.2 $513
1995 $530 $2,374 $164.9 $548
1994 $467 $2,146 $161.9 $619
1993 $407 $2,001 $165.3 $634
1992 $416 $1,840 $184.9 $640
1991 $401 $1,657 $204.7 $636
1990 $488 $1,638 $202.6 $598
1989 $462 - $203.6 -
1988 $489 - $201.7 -
1987 $449 - $215.6 -
1986 $365 - $234.3 -
1985 $321 - $228.4 -
1984 $326 - $200.4 -
1983 $328 - $225.2 -
1982 $306 - $216.4 -
1981 $311 - $212.2 -
1980 $296.9 - $209.8 -
1979 $251.4 - $186.2 -
1978 $232.2 - $148.8 -
1977 $249.9 - $137.4 -
1976 $233.7 - $115.5 -
1975 $237.4 - $110.9 -
1974 $262.8 - $93.2 -
1973 $230.9 - $84.3 -
1972 $212.4 - $68.2 -
1971 $207.7 - $69.9 -
1970 $200.3 - $68.8 -
1969 - - $55.1 -
1968 - - $54.2 -
1967 - - $54 -
1966 - - $51.4 -
1965 - - $50.6 -
1964 - - $85.3 -
1963 - - $78.4 -
1962 - - $73.4 -
1961 - - $71.6 -
1960 - - $70.9 -

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

GeoRank.org/economy/bhutan/burundi | CC BY

Bhutan's GDP per capita is $3,831, ranking 132/197, compared to $219.4 in Burundi, ranking 197/197. Adjusted for purchasing power (GDP per capita PPP), Bhutan ranks 109th at $16,215, while Burundi ranks 196th at $1,195.

Economic indicators

Bhutan Burundi
Gross domestic product
$3.01B
2023
$3.08B
2024
GDP rank
170/197
2023
169/197
2024
GDP growth
4.63%
2022-2023
4.11%
2023-2024
GDP per capita
$3,831
2023
$219.4
2024
GDP per capita rank
132/197
2023
197/197
2024
GDP per capita, PPP
$16,215
2023
$1,195
2024
GDP per capita PPP rank
109/197
2023
196/197
2024
Government debt
$3.53B
2023
$1.6B
2024
Debt-to-GDP ratio
110.4%
2024
52%
2024
Government debt per person
$4,485
2023
$114.1
2024
Government debt per person rank
87/185
2023
184/185
2024
Average annual personal income after taxes
$5,506
2026
$1,228
2026
Income share by richest 10%
22.7%
2022
29.9%
2020
Income share by poorest 10%
3.6%
2022
2.9%
2020
Government expenditure, % of GDP
27.1%
2024
22.3%
2024
Consumer prices inflation
4.3%
2023-2024
20.2%
2023-2024
Unemployment rate
3.28%
2024
1.03%
2020
Population
803385
14833763

Spending and national debt comparison by year

Bhutan
Spending

Debt
Burundi
Spending

Debt
1x
Year % of GDP
Bhutan Burundi
Government spending Government debt Government spending Government debt
2024 27.1% 110.4% 22.3% 52%
2023 28.8% 117.1% 28.4% 58.1%
2022 32.1% 119.9% 33.5% 68.5%
2021 36.6% 124.5% 28.4% 66.5%
2020 30.9% 116% 29.2% 65.9%
2019 24.2% 100.8% 28.8% 60.1%
2018 31.7% 103.4% 26% 53%
2017 30.6% 104.1% 24.1% 46.9%
2016 30.5% 103% 22.6% 46.1%
2015 27.5% 90.2% 23.2% 39.9%
2014 28.9% 89.8% 28.5% 38%
2013 32.5% 87.4% 34.8% 37.9%
2012 35.1% 71.5% 37.5% 41.4%
2011 36.1% 62.3% 42.2% 42.7%
2010 41.5% 55.8% 40.8% 46.9%
2009 39.3% 61% 38% 25.7%
2008 36.1% 60.6% 41.2% 102.5%
2007 33.2% 67.3% 39% 129.6%
2006 33.4% 80.1% 36.5% 130.3%
2005 36.4% 80.8% 33.1% 137%
2004 31% 76% 39.2% 166.1%
2003 34.7% 68.5% 33.9% 159.9%
2002 39.3% 57.7% 21.9% 144.8%
2001 50.3% 52.4% 22.7% 113.6%
2000 43% 44% 21.7% 120%
1999 40.2% 39.2% 20.5% 140.6%
1998 31.1% 36.4% 19.9% 138.9%
1997 37.8% 33% 18.8% 122.8%
1996 37.9% 36.8% 24.4% 139.4%
1995 38.6% 38.7% 22.1% 117.1%
1994 37.9% 53.2% 19.4% 119.6%
1993 35.2% 60.2% 24% 112%
1992 34.5% 35.6% 26.1% 93.5%
1991 30.8% 33.5% 19.2% -
1990 35.8% 27.4% 17.4% -
1989 46.8% 26.4% - -
1988 45.3% 24.7% - -
1987 47.5% 17.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1987–1999, retrieved 2026-02-20).

GeoRank.org/economy/bhutan/burundi | CC BY

In 2024, Bhutan's government spending was $869M, accounting for 27.1% of its GDP, while Burundi spent $689M, or 22.3% of GDP.

Debt-to-GDP ratio is 110.4% in Bhutan and 52% in Burundi, ranking 17/185 and 101/185, respectively.

Government deficit by year

Deficit/surplus
Bhutan

Burundi
1x
Year Deficit/surplus, % of GDP
Bhutan Burundi
2024 -0.17% -4.84%
2023 -4.73% -7.7%
2022 -6.95% -10.7%
2021 -5.76% -4.6%
2020 -1.81% -6.58%
2019 -1.49% -6.4%
2018 -1.52% -6.66%
2017 -4.49% -5.01%
2016 -2.31% -7.11%
2015 -0.49% -7.56%
2014 2.46% -3.93%
2013 -4.55% -1.9%
2012 -2.1% -3.79%
2011 -3.02% -3.49%
2010 1.92% -3.64%
2009 -0.8% -5.14%
2008 -2.57% -2.7%
2007 0.79% -2.51%
2006 -0.07% -9.92%
2005 -6.96% -10.6%
2004 1.8% -14.9%
2003 -10.2% -13.7%
2002 -4.33% -4.9%
2001 -12.2% -7.78%
2000 -3.39% -5.66%
1999 -1.28% -5.33%
1998 1.28% -4.43%
1997 -1.92% -4.48%
1996 2.55% -8.61%
1995 -0.88% -3.72%
1994 -0.13% -1.76%
1993 4.71% -1.22%
1992 -3.47% -4.16%
1991 -0.48% 4.14%
1990 -7.21% 8.14%
1989 -10.1% -
1988 1.33% -
1987 -0.56% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1987–1989, retrieved 2026-02-20).

GeoRank.org/economy/bhutan/burundi | CC BY

In 2023, Bhutan's government deficit, the difference between spending and revenue, was $142M, equivalent to 4.73% of GDP. This compares to Burundi's deficit of $264M, or 7.7% of GDP.

Over the past 34 years, Bhutan recorded a fiscal deficit in 27 of those years, while Burundi ran a deficit in 32 years. On average, Bhutan posted an annual deficit equal to 2.34% of GDP, compared to deficit of 5.24% of GDP for Burundi.

Inflation comparison by year

Inflation
Bhutan

Burundi
1x
Year Consumer prices inflation
Bhutan Burundi
2024 4.3% 20.2%
2023 4.5% 26.9%
2022 5.9% 18.8%
2021 8.2% 8.4%
2020 3% 7.32%
2019 2.8% -0.69%
2018 3.6% -2.81%
2017 4.3% 16.1%
2016 3.3% 5.56%
2015 6.7% 5.54%
2014 9.6% 4.41%
2013 8.1% 7.94%
2012 10.1% 18.2%
2011 8.6% 9.59%
2010 4.8% 6.49%
2009 7.1% 10.6%
2008 6.3% 24.4%
2007 5.2% 8.41%
2006 4.9% 2.75%
2005 4.8% 13.3%
2004 3.3% 8.18%
2003 2.5% 10.6%
2002 2.9% -1.37%
2001 3.7% 9.3%
2000 7.2% 24.4%
1999 9.1% 3.39%
1998 7.6% 12.5%
1997 8.6% 31.1%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/bhutan/burundi | CC BY

Over the past 28 years, Bhutan has recorded an average annual inflation rate of 5.75%, compared with 11.1% in Burundi. In 2024, inflation was 4.3% in Bhutan and 20.2% in Burundi.

Balance of trade

Bhutan Burundi
Current account balance
-$670M
2024
-$475M
2024
Current account balance ranking
114/190
2024
105/190
2024
Current account balance, % of GDP
-32%
2023
-15.4%
2024
Goods imports
$1.29B
2024
$959M
2024
Goods exports
$656M
2024
$230M
2024
Service imports
$228M
2024
$361M
2024
Service exports
$288M
2024
$121M
2024
Imports of goods and services, % of GDP
53.3%
2023
24.4%
2023
Exports of goods and services, % of GDP
28.4%
2023
5.29%
2023

Economic freedom indices

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

Bhutan Burundi
Economic freedom 57.5 40.2
Economic freedom ranking 115/197 187/197
Property rights 69.2 27.2
Government integrity 72.2 15.5
Judicial effectiveness 61.8 7.5
Tax burden 83.4 76.1
Government spending 74.1 76.3
Fiscal health 25.8 14.6
Business freedom 67.8 27.2
Labor freedom 60.1 49.9
Monetary freedom 71.6 55.5
Trade freedom 63.4 52.2
Investment freedom 20 50
Financial freedom 20 30

Economic freedom comparison by year

Bhutan
Burundi
1x
Year Economic freedom index
Bhutan Burundi
2026 57.5 40.2
2025 57.5 39.7
2024 55.4 38.4
2023 59 41.9
2022 59.3 39.4
2021 58.3 49.9
2020 62.1 49
2019 62.9 48.9
2018 61.8 50.9
2017 58.4 53.2
2016 59.5 53.9
2015 57.4 53.7
2014 56.7 51.4
2013 55 49
2012 56.6 48.1
2011 57.6 49.6
2010 57 47.5
2009 57.7 48.8
2008 - 46.2
2007 - 46.9
2006 - 48.7
2005 - -
2004 - -
2003 - -
2002 - -
2001 - -
2000 - 42.6
1999 - 41.1
1998 - 44.7
1997 - 45.4

Data sources: The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-03-09).

GeoRank.org/economy/bhutan/burundi | CC BY

The Economic Freedom Index for Bhutan is 57.5, ranking 115/197, compared to 40.2 for Burundi, ranking 187/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bhutan Burundi
Services, % of GDP
52.8%
2023
43.2%
2024
Industry, % of GDP
29.4%
2023
17.7%
2024
Agriculture, forestry, and fishing, % of GDP
15%
2023
34.9%
2024
GNI, Atlas method
$2.93B
2023
$3.61B
2024
GNI per capita, PPP
$15,320
2023
$1,200
2024
Total reserves including gold
$941M
2024
$90.3M
2023
Total reserves ranking
143/177
2024
174/177
2023
Net foreign direct investment
-$22.8M
2024
-$24.8M
2024
Net inflows of foreign direct investment
$2.82M
2024
$33.3M
2024
Net outflows of foreign direct investment
$0
2024
$8.51M
2024
Servicing debt to the IMF, % of GNI
4.96%
2023
1.16%
2024
Poverty at national poverty lines
12.4%
2022
51%
2020
Gross capital formation, % of GDP
45.3%
2023
10%
2023

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/bhutan/burundi | CC BY

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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. The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1987–1999, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

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.