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Economy of Bulgaria vs Egypt compared: GDP & Debt

Updated on by Georank team

Bulgaria has a GDP of $113B compared to $389B for Egypt, ranking 67/197 and 41/197 by economy size, respectively.

Bulgaria has $27.3B in government debt (24.1% of GDP), compared to $354B (90.9% of GDP) in Egypt.

Bulgaria vs Egypt GDP by year

Bulgaria
Egypt
1x
Year GDP, current $
Bulgaria Egypt
2024 $113,343,355,780 $389,059,911,004
2023 $102,199,231,385 $395,926,075,163
2022 $90,506,153,294 $476,747,720,365
2021 $84,374,613,233 $424,671,765,456
2020 $70,486,877,546 $383,817,841,547
2019 $68,507,731,354 $318,678,815,490
2018 $66,097,226,262 $262,588,632,527
2017 $59,167,647,388 $248,362,771,739
2016 $53,929,397,039 $332,441,717,791
2015 $50,765,918,159 $329,366,576,819
2014 $57,080,897,012 $305,595,408,895
2013 $55,819,262,375 $288,434,108,527
2012 $54,297,052,002 $279,116,666,667
2011 $57,681,293,007 $235,989,672,978
2010 $50,689,051,382 $218,983,666,062
2009 $52,023,801,230 $189,147,005,445
2008 $54,480,684,188 $162,818,181,818
2007 $44,431,257,129 $130,437,828,371
2006 $34,380,536,496 $107,426,086,957
2005 $29,868,657,858 $89,660,339,660
2004 $26,157,743,369 $78,782,467,532
2003 $21,144,957,990 $80,288,461,538
2002 $16,403,043,850 $85,146,067,416
2001 $14,183,446,026 $96,684,636,119
2000 $13,245,990,274 $99,838,543,960
1999 $13,637,098,579 $90,710,704,807
1998 $15,031,055,047 $84,828,807,556
1997 $11,316,127,379 $78,436,578,171
1996 $12,294,964,838 $67,629,716,981
1995 $18,991,484,420 $60,159,245,060
1994 $9,709,240,034 $51,897,983,393
1993 $10,832,064,942 $46,578,631,453
1992 $8,602,887,623 $41,855,986,519
1991 $7,628,738,475 $37,387,836,491
1990 $20,632,090,909 $42,978,914,311
1989 $21,988,444,444 $39,756,299,050
1988 $22,555,941,176 $34,980,124,929
1987 $28,101,000,000 $40,455,616,654
1986 $20,249,294,118 $41,253,507,951
1985 $17,155,421,053 $39,053,502,251
1984 $17,594,944,444 $33,971,188,992
1983 $16,563,666,667 $30,966,239,814
1982 $19,342,000,000 $27,655,172,414
1981 $19,870,000,000 $22,136,081,081
1980 $19,839,230,769 $21,669,908,176
1979 - $18,020,571,429
1978 - $14,811,704,063
1977 - $14,400,806,876
1976 - $13,315,988,083
1975 - $11,632,178,869
1974 - $9,228,963,225
1973 - $10,098,534,613
1972 - $9,299,638,056
1971 - $8,609,283,346
1970 - $8,042,200,452
1969 - $6,524,455,206
1968 - $5,932,242,991
1967 - $5,605,484,299
1966 - $5,278,005,612
1965 - $4,948,667,540
1964 - $4,709,245,762
1963 - $4,187,146,232
1962 - $4,035,462,027
1961 - $4,494,575,611
1960 - $4,206,270,352

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

GeoRank.org/economy/bulgaria/egypt | CC BY

GDP per capita in Bulgaria vs Egypt by year

Bulgaria
GDP per capita

GDP per capita, PPP
Egypt
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bulgaria Egypt
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $17,596 $41,969 $3,338 $19,094
2023 $15,853 $38,829 $3,457 $18,525
2022 $13,999 $36,320 $4,233 $17,527
2021 $12,966 $30,959 $3,827 $15,579
2020 $10,760 $27,352 $3,511 $15,232
2019 $10,354 $26,766 $2,963 $13,364
2018 $9,849 $23,998 $2,485 $12,329
2017 $8,697 $22,317 $2,395 $11,125
2016 $7,822 $20,746 $3,271 $10,666
2015 $7,269 $18,896 $3,307 $10,903
2014 $8,070 $17,991 $3,133 $10,256
2013 $7,796 $16,894 $3,026 $10,511
2012 $7,432 $16,327 $2,996 $10,342
2011 $7,850 $15,747 $2,591 $8,988
2010 $6,854 $14,954 $2,455 $8,838
2009 $6,988 $14,188 $2,162 $8,465
2008 $7,271 $14,347 $1,896 $8,191
2007 $5,889 $12,822 $1,548 $7,641
2006 $4,523 $11,406 $1,299 $7,079
2005 $3,900 $10,291 $1,106 $6,554
2004 $3,390 $9,200 $991 $6,207
2003 $2,719 $8,416 $1,031 $5,928
2002 $2,093 $7,786 $1,117 $5,753
2001 $1,771 $6,960 $1,295 $5,650
2000 $1,621 $6,424 $1,366 $5,452
1999 $1,661 $5,808 $1,268 $5,121
1998 $1,820 $6,178 $1,213 $4,869
1997 $1,361 $5,751 $1,146 $4,661
1996 $1,470 $6,849 $1,009 $4,434
1995 $2,259 $7,743 $916 $4,235
1994 $1,150 $7,338 $807 $4,048
1993 $1,279 $7,032 $740 $3,895
1992 $1,007 $6,917 $681 $3,784
1991 $884 $7,215 $623 $3,627
1990 $2,367 $7,548 $736 $3,566
1989 $2,477 - $701 -
1988 $2,511 - $634 -
1987 $3,132 - $754 -
1986 $2,260 - $790 -
1985 $1,915 - $770 -
1984 $1,964 - $690 -
1983 $1,853 - $648 -
1982 $2,169 - $596 -
1981 $2,235 - $490 -
1980 $2,239 - $493 -
1979 - - $421 -
1978 - - $355 -
1977 - - $353 -
1976 - - $335 -
1975 - - $299.2 -
1974 - - $243.1 -
1973 - - $272.2 -
1972 - - $256.5 -
1971 - - $243 -
1970 - - $232.3 -
1969 - - $193 -
1968 - - $179.8 -
1967 - - $174.1 -
1966 - - $168.1 -
1965 - - $161.6 -
1964 - - $157.7 -
1963 - - $143.9 -
1962 - - $142.4 -
1961 - - $162.8 -
1960 - - $156.4 -

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

GeoRank.org/economy/bulgaria/egypt | CC BY

Bulgaria's GDP per capita is $17,596, ranking 64/197, compared to $3,338 in Egypt, ranking 138/197. Adjusted for purchasing power (GDP per capita PPP), Bulgaria ranks 54th at $41,969, while Egypt ranks 99th at $19,094.

Economic indicators

Bulgaria Egypt
Gross domestic product
$113B
2024
$389B
2024
GDP rank
67/197
2024
41/197
2024
GDP growth
3.39%
2023-2024
2.4%
2023-2024
GDP per capita
$17,596
2024
$3,338
2024
GDP per capita rank
64/197
2024
138/197
2024
GDP per capita, PPP
$41,969
2024
$19,094
2024
GDP per capita PPP rank
54/197
2024
99/197
2024
Government debt
$27.3B
2024
$354B
2024
Debt-to-GDP ratio
24.1%
2024
90.9%
2024
Government debt per person
$4,237
2024
$3,036
2024
Government debt per person rank
90/185
2024
99/185
2024
Average annual personal income after taxes
$14,263
2026
$1,948
2026
Market capitalization of domestic companies
$8.41B
2024
$42.6B
2024
Number of billionaires
2
2025
5
2025
Income share by richest 10%
31.1%
2023
24.6%
2021
Income share by poorest 10%
2.1%
2023
4.2%
2021
Government expenditure, % of GDP
36.7%
2024
22.9%
2024
Consumer prices inflation
2.6%
2023-2024
28.3%
2023-2024
Central bank interest rate
1.81%
2025
21%
2025
Unemployment rate
4.17%
2024
5.95%
2024
Population
6359449
120697176

Spending and national debt comparison by year

Bulgaria
Spending

Debt
Egypt
Spending

Debt
1x
Year % of GDP
Bulgaria Egypt
Government spending Government debt Government spending Government debt
2024 36.7% 24.1% 22.9% 90.9%
2023 37.4% 22.9% 22.7% 95.9%
2022 37.6% 22.5% 24.9% 88.5%
2021 38.4% 23.8% 25.5% 89.9%
2020 37.6% 22.7% 25.7% 86.2%
2019 36% 18.4% 26.9% 80.1%
2018 34.4% 20.1% 28.6% 87.9%
2017 32% 22.9% 30.6% 97.8%
2016 32.7% 27% 31% 91.6%
2015 37.3% 25.4% 31.3% 83.8%
2014 37.1% 26.3% 33.9% 80.9%
2013 35.5% 17.2% 32.9% 79.8%
2012 32.5% 16.5% 29.2% 69.9%
2011 32% 14.3% 30.5% 72.8%
2010 34.6% 14.1% 31.4% 69.6%
2009 33.8% 14.5% 32.5% 69.5%
2008 33.5% 14.7% 32.7% 66.8%
2007 33.1% 17.6% 31.3% 76.3%
2006 32.5% 22.6% 34.5% 85.9%
2005 34% 28.5% 30.3% 98.3%
2004 34.6% 37.8% 30.1% 96.5%
2003 35.8% 45.4% 30.6% 97.1%
2002 35.1% 53.4% 30.9% 85.8%
2001 36.5% 67.1% 27.9% 79.1%
2000 37.1% 73.3% 26% 71.7%
1999 36.2% 78.7% 26.3% 72.4%
1998 30.6% 67.3% - 73.8%
1997 32.9% 88.4% - -
1996 44% 113.8% - -
1995 45.4% 72% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1997, retrieved 2026-02-20).

GeoRank.org/economy/bulgaria/egypt | CC BY

In 2024, Bulgaria's government spending was $41.5B, accounting for 36.7% of its GDP, while Egypt spent $89.2B, or 22.9% of GDP.

Debt-to-GDP ratio is 24.1% in Bulgaria and 90.9% in Egypt, ranking 169/185 and 31/185, respectively.

Government deficit by year

Deficit/surplus
Bulgaria

Egypt
1x
Year Deficit/surplus, % of GDP
Bulgaria Egypt
2024 -3.04% -7.12%
2023 -3.03% -5.77%
2022 -0.8% -5.74%
2021 -2.8% -6.96%
2020 -2.92% -7.47%
2019 -0.96% -7.6%
2018 0.12% -8.97%
2017 0.82% -9.9%
2016 1.54% -11.8%
2015 -2.77% -10.4%
2014 -3.65% -10.7%
2013 -1.75% -12.3%
2012 -0.43% -9.47%
2011 -1.83% -9.6%
2010 -3.77% -7.45%
2009 -0.86% -6.2%
2008 2.73% -6.05%
2007 3.09% -4.9%
2006 3.22% -7.35%
2005 2.19% -6.69%
2004 1.59% -5.76%
2003 0.003% -5.73%
2002 -0.61% -6.77%
2001 -0.58% -1.07%
2000 -0.6% 1.32%
1999 0.15% 2.14%
1998 1.08% -
1997 0.83% -
1996 -10.1% -
1995 -7.98% -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 0% -
1943 0% -
1942 -0.3% -
1941 3.96% -
1940 0.75% -
1939 0.72% -
1938 1% -
1937 1.41% -
1936 1.17% -
1935 1.34% -
1934 -0.12% -
1933 -0.56% -
1932 -2.14% -
1931 -3.07% -
1930 -5.48% -
1929 -6.67% -
1928 -1.09% -
1927 -0.02% -
1926 -0.25% -
1925 -0.97% -
1924 1.26% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1997, retrieved 2026-02-20).

GeoRank.org/economy/bulgaria/egypt | CC BY

In 2024, Bulgaria's government deficit, the difference between spending and revenue, was $3.44B, equivalent to 3.04% of GDP. This compares to Egypt's deficit of $27.7B, or 7.12% of GDP.

Over the past 26 years, Bulgaria recorded a fiscal deficit in 16 of those years, while Egypt ran a deficit in 24 years. On average, Bulgaria posted an annual deficit equal to 0.58% of GDP, compared to deficit of 6.86% of GDP for Egypt.

Inflation comparison by year

Inflation
Bulgaria

Egypt
1x
Year Consumer prices inflation
Bulgaria Egypt
2024 2.6% 28.3%
2023 8.6% 33.9%
2022 13% 13.9%
2021 2.8% 5.21%
2020 1.2% 5.04%
2019 2.5% 9.15%
2018 2.6% 14.4%
2017 1.2% 29.5%
2016 -1.3% 13.8%
2015 -1.1% 10.4%
2014 -1.6% 10.1%
2013 0.4% 9.47%
2012 2.4% 7.11%
2011 3.4% 10.1%
2010 3% 11.3%
2009 2.5% 11.8%
2008 12% 18.3%
2007 7.6% 9.32%
2006 7.4% 7.64%
2005 6% 4.87%
2004 6.1% 11.3%
2003 2.3% 4.51%
2002 5.8% 2.74%
2001 7.4% 2.27%
2000 10.3% 2.68%
1999 2.6% 3.08%
1998 18.7% 3.87%
1997 1,061% 4.63%

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/bulgaria/egypt | CC BY

Over the past 28 years, Bulgaria has recorded an average annual inflation rate of 42.5%, compared with 10.7% in Egypt. In 2024, inflation was 2.6% in Bulgaria and 28.3% in Egypt.

Top exports between countries

Bulgaria
Export category Export value
Raw materials & minerals $476M
Raw agricultural goods $112M
Metals $73.9M
Machinery & equipment $22.1M
Processed food, beverages & tobacco $18M
Chemicals & pharma $8.78M
Wood & paper products $8.53M
Business & finance services $4.55M
Transport & tourism services $3.39M
Textiles & consumer goods $2.08M
Egypt
Export category Export value
Raw materials & minerals $117M
Metals $59.8M
Weapons & explosives $42.1M
Chemicals & pharma $35.8M
Raw agricultural goods $22.9M
Processed food, beverages & tobacco $8.49M
Textiles & consumer goods $4.54M
Machinery & equipment $1.16M
Wood & paper products $135K
Precious metals & jewellery $51K

Balance of trade

Bulgaria Egypt
Current account balance
-$1.74B
2024
-$22.3B
2024
Current account balance ranking
138/190
2024
184/190
2024
Current account balance, % of GDP
-1.54%
2024
-5.72%
2024
Goods imports
$52.8B
2024
$72.9B
2024
Goods exports
$47.3B
2024
$34.8B
2024
Service imports
$8.26B
2024
$27.5B
2024
Service exports
$16.6B
2024
$29.6B
2024
Imports of goods and services, % of GDP
53.9%
2024
23.2%
2024
Exports of goods and services, % of GDP
56.4%
2024
16.4%
2024

Economic freedom indices

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

Bulgaria Egypt
Economic freedom 68.9 50.3
Economic freedom ranking 44/197 160/197
Property rights 75.8 35.5
Government integrity 48.4 27.1
Judicial effectiveness 58.5 24
Tax burden 89.1 85.7
Government spending 58.4 83.4
Fiscal health 90.4 21.8
Business freedom 78.2 51.4
Labor freedom 62.4 43.1
Monetary freedom 75.8 56
Trade freedom 79.4 60.2
Investment freedom 60 65
Financial freedom 50 50

Economic freedom comparison by year

Bulgaria
Egypt
1x
Year Economic freedom index
Bulgaria Egypt
2026 68.9 50.3
2025 68.8 50.9
2024 68.5 49.7
2023 69.3 49.6
2022 71 49.1
2021 70.4 55.7
2020 70.2 54
2019 69 52.5
2018 68.3 53.4
2017 67.9 52.6
2016 65.9 56
2015 66.8 55.2
2014 65.7 52.9
2013 65 54.8
2012 64.7 57.9
2011 64.9 59.1
2010 62.3 59
2009 64.6 58
2008 63.7 58.5
2007 62.7 54.4
2006 64.1 53.2
2005 62.3 55.8
2004 59.2 55.5
2003 57 55.3
2002 57.1 54.1
2001 51.9 51.5
2000 47.3 51.7
1999 46.2 58
1998 45.7 55.8
1997 47.6 54.5
1996 48.6 52
1995 50 45.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/bulgaria/egypt | CC BY

The Economic Freedom Index for Bulgaria is 68.9, ranking 44/197, compared to 50.3 for Egypt, ranking 160/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bulgaria Egypt
Services, % of GDP
63.8%
2024
48.9%
2024
Industry, % of GDP
21.1%
2024
32.6%
2024
Agriculture, forestry, and fishing, % of GDP
2.35%
2024
13.7%
2024
GNI, Atlas method
$99B
2024
$409B
2024
GNI per capita, PPP
$39,850
2024
$18,230
2024
Total reserves including gold
$43.7B
2024
$44.9B
2024
Total reserves ranking
47/177
2024
44/177
2024
Net foreign direct investment
-$2.22B
2024
-$46.1B
2024
Net inflows of foreign direct investment
$3.55B
2024
$46.6B
2024
Net outflows of foreign direct investment
$1.13B
2024
$508M
2024
Servicing debt to the IMF, % of GNI
6.8%
2024
8.86%
2024
Poverty at national poverty lines
21.7%
2023
33.5%
2021
Gross capital formation, % of GDP
20.4%
2024
13%
2024

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/bulgaria/egypt | 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 (1998–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1924–1997, retrieved 2026-02-20)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.