Bulgaria vs Cape Verde: Economic Indicators Comparison

Bulgaria with a GDP of $65.1B ranked the 74th largest economy in the world, while Cape Verde ranked 174th with $2B. By GDP 5-years average growth and GDP per capita, Bulgaria and Cape Verde ranked 75th vs 94th and 79th vs 125th, respectively.

Gross Domestic Product & Income

StatBulgariaCape Verde
GDP$65.1B$2B
GDP growth, 1 year3.2%4.7%
GDP growth, 5-years average3.3%3%
Population7M546k
GDP per capita$9.3k$3.6k
GDP per capita growth3.84%3.87%
Purchasing Power Parity conversion factor0.745.56
Price level ratio of PPP conversion factor GDP to market exchange rate0.420.49
GDP per capita, PPP adjusted$23k$7.3k
GNI, Atlas method$62.3B$1.9B
GNI per capita$8.9k$3.4k
GNI, PPP adjusted$156.6B$4B
GNI per capita, PPP adjusted$22k$7.3k

Financial system and Human development

StatBulgariaCape Verde
Income Tax Rate10%50%
Corporate Tax Rate10%30%
Inflation, consumer prices2.6%2.2%
Inflation, GDP deflator3.6%1.5%
Unemployment5.3%12.3%
Economic Freedom Index70.263.6
Personal Freedom Index8.328.33
Human Freedom Index7.787.4
Property Rights Index64.247.5
Judical Effectiveness Index45.448
Business Freedom Index62.658.5
Fiscal Health Index99.266.2
Labor Freedom Index68.155.6
Investment Freedom Index7080
Financial Freedom Index6060
Trade Freedom Index86.468.2
Monetary Freedom Index85.783.1
Government Spending Index66.171.7
Tax Burden Index90.377.7
Government Integrity Index44.246.1
Corruption Perceptions Index4257
Life expectancy at birth, years74.872.6
Suicide mortality rate, per 100,000 people11.511.3
Mortality caused by road traffic injury, per 100,000 people10.225
Intentional homicides, per 100,000 people1.511.5
International tourism, number of arrivals9.3M710k

Government debt & reserves

StatBulgariaCape Verde
Central government debt, % of GDP20.5%127.7%
External debt stocks, % of GNI60.3%89.3%
External debt stocks$39.9B$1.7B
Short-term debt, % of total reserves33.8%0.2%
Total debt service, % of exports and primary income15.3%5.6%
Adjusted net savings including particulate emission damage, % of GNI14.8%11.7%
Gross savings, % of GDP27.7%34.7%
Gross capital formation, % of GDP21.6%40.4%
Total reserves including gold$28.7B$606.4M
Foreign direct investment net inflows$1.2B$108M

Exports, imports and economic structure

StatBulgariaCape Verde
Exports of goods and services, % of GDP66.9%48.8%
Imports of goods and services, % of GDP64.3%68.2%
Current account balance (balance of payments)$3.5B-$94.5M
Revenue excluding grants, % of GDP32.8%28.8%
Grants excluding technical cooperation, BoP$391.7M$42.5M
Personal remittances received$2.4B$233.5M
Industry including construction value added, % of GDP23.8%19.2%
Agriculture, forestry and fishing value added, % of GDP3.6%5.3%
Charges for the use of intellectual property, payments BoP$209M$11.3M
Charges for the use of intellectual property, receipts BoP$88.8M$47k
Expense, % of GDP32.3%28.4%
Government Expenditure, % of GDP33.6%30.7%

Compare with countries close by GDP per capita

Bulgaria vs

CountryGDP
per capita
Population
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M

Cape Verde vs

CountryGDP
per capita
Population
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M