Bulgaria vs Eritrea: Economic Indicators Comparison

Bulgaria with a GDP of $65.1B ranked the 74th largest economy in the world, while Eritrea ranked 170th with $2.6B. By GDP 5-years average growth and GDP per capita, Bulgaria and Eritrea ranked 75th vs 79th and 79th vs 178th, respectively.

Gross Domestic Product & Income

Stat	Bulgaria	Eritrea
GDP	$65.1B	$2.6B
GDP growth, 1 year	3.2%	4.2%
GDP growth, 5-years average	3.3%	3.3%
Population	7M	3.5M
GDP per capita	$9.3k	$811
GDP per capita growth	3.84%	7.21%
Purchasing Power Parity conversion factor	0.7	5.93
Price level ratio of PPP conversion factor GDP to market exchange rate	0.42	0.39
GDP per capita, PPP adjusted	$23k	$1.7k
GNI, Atlas method	$62.3B	$2.3B
GNI per capita	$8.9k	$720
GNI, PPP adjusted	$156.6B	$6.7B
GNI per capita, PPP adjusted	$22k	$2.1k

Financial system and Human development

Stat	Bulgaria	Eritrea
Income Tax Rate	10%	30%
Corporate Tax Rate	10%	30%
Inflation, consumer prices	2.6%	9%
Inflation, GDP deflator	3.6%	13.3%
Unemployment	5.3%	6.5%
Economic Freedom Index	70.2	38.5
Personal Freedom Index	8.32	4.8
Human Freedom Index	7.78	4.8
Property Rights Index	64.2	32.5
Judical Effectiveness Index	45.4	14.3
Business Freedom Index	62.6	18.2
Fiscal Health Index	99.2	0
Labor Freedom Index	68.1	69.7
Investment Freedom Index	70	0
Financial Freedom Index	60	20
Trade Freedom Index	86.4	69.2
Monetary Freedom Index	85.7	61
Government Spending Index	66.1	74.7
Tax Burden Index	90.3	81.4
Government Integrity Index	44.2	21.4
Corruption Perceptions Index	42	24
Life expectancy at birth, years	74.8	65.5
Suicide mortality rate, per 100,000 people	11.5	7.9
Mortality caused by road traffic injury, per 100,000 people	10.2	25.3
Intentional homicides, per 100,000 people	1.5	8
International tourism, number of arrivals	9.3M	142k

Government debt & reserves

Stat	Bulgaria	Eritrea
Central government debt, % of GDP	20.5%	129.4%
External debt stocks, % of GNI	60.3%	40.8%
External debt stocks	$39.9B	$791.2M
Short-term debt, % of total reserves	33.8%	16%
Total debt service, % of exports and primary income	15.3%	4.3%
Adjusted net savings including particulate emission damage, % of GNI	14.8%	0.5%
Gross savings, % of GDP	27.7%	15.8%
Gross capital formation, % of GDP	21.6%	10%
Total reserves including gold	$28.7B	$114.8M
Foreign direct investment net inflows	$1.2B	$61M

Exports, imports and economic structure

Stat	Bulgaria	Eritrea
Exports of goods and services, % of GDP	66.9%	14.4%
Imports of goods and services, % of GDP	64.3%	23.2%
Current account balance (balance of payments)	$3.5B	-$104.7M
Revenue excluding grants, % of GDP	32.8%	N/A
Grants excluding technical cooperation, BoP	$391.7M	$82M
Personal remittances received	$2.4B	$3.3M
Industry including construction value added, % of GDP	23.8%	21.8%
Agriculture, forestry and fishing value added, % of GDP	3.6%	14.1%
Charges for the use of intellectual property, payments BoP	$209M	$281k
Charges for the use of intellectual property, receipts BoP	$88.8M	$94k
Expense, % of GDP	32.3%	N/A
Government Expenditure, % of GDP	33.6%	29.1%