Bulgaria vs Estonia: Economic Indicators Comparison
Gross Domestic Product & Income
| Stat |  Bulgaria |  Estonia |
|---|---|---|
| GDP | $65.1B | $30.7B |
| GDP growth, 1 year | 3.2% | 3.9% |
| GDP growth, 5-years average | 3.3% | 3.4% |
| Population | 7M | 1.3M |
| GDP per capita | $9.3k | $23k |
| GDP per capita growth | 3.84% | 4.48% |
| Purchasing Power Parity conversion factor | 0.7 | 0.55 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.42 | 0.65 |
| GDP per capita, PPP adjusted | $23k | $34k |
| GNI, Atlas method | $62.3B | $27.9B |
| GNI per capita | $8.9k | $21k |
| GNI, PPP adjusted | $156.6B | $46.2B |
| GNI per capita, PPP adjusted | $22k | $35k |
Financial system and Human development
| Stat | Bulgaria | Estonia |
|---|---|---|
| Income Tax Rate | 10% | 20% |
| Corporate Tax Rate | 10% | 20% |
| Inflation, consumer prices | 2.6% | 3.4% |
| Inflation, GDP deflator | 3.6% | 4.5% |
| Unemployment | 5.3% | 5.5% |
| Economic Freedom Index | 70.2 | 77.7 |
| Personal Freedom Index | 8.32 | 9.04 |
| Human Freedom Index | 7.78 | 8.44 |
| Property Rights Index | 64.2 | 83.2 |
| Judical Effectiveness Index | 45.4 | 73.7 |
| Business Freedom Index | 62.6 | 73.5 |
| Fiscal Health Index | 99.2 | 99.9 |
| Labor Freedom Index | 68.1 | 57.3 |
| Investment Freedom Index | 70 | 90 |
| Financial Freedom Index | 60 | 70 |
| Trade Freedom Index | 86.4 | 86.4 |
| Monetary Freedom Index | 85.7 | 78.6 |
| Government Spending Index | 66.1 | 53.3 |
| Tax Burden Index | 90.3 | 81.1 |
| Government Integrity Index | 44.2 | 85.9 |
| Corruption Perceptions Index | 42 | 73 |
| Life expectancy at birth, years | 74.8 | 77.6 |
| Suicide mortality rate, per 100,000 people | 11.5 | 17.8 |
| Mortality caused by road traffic injury, per 100,000 people | 10.2 | 6.1 |
| Intentional homicides, per 100,000 people | 1.5 | 2.2 |
| International tourism, number of arrivals | 9.3M | 3.2M |
Government debt & reserves
| Stat | Bulgaria | Estonia |
|---|---|---|
| Central government debt, % of GDP | 20.5% | 8.1% |
| External debt stocks, % of GNI | 60.3% | N/A |
| External debt stocks | $39.9B | N/A |
| Short-term debt, % of total reserves | 33.8% | N/A |
| Total debt service, % of exports and primary income | 15.3% | N/A |
| Adjusted net savings including particulate emission damage, % of GNI | 14.8% | 15.2% |
| Gross savings, % of GDP | 27.7% | 28.2% |
| Gross capital formation, % of GDP | 21.6% | 26.2% |
| Total reserves including gold | $28.7B | $755M |
| Foreign direct investment net inflows | $1.2B | $1.2B |
Exports, imports and economic structure
| Stat | Bulgaria | Estonia |
|---|---|---|
| Exports of goods and services, % of GDP | 66.9% | 74.3% |
| Imports of goods and services, % of GDP | 64.3% | 70.7% |
| Current account balance (balance of payments) | $3.5B | $612.4M |
| Revenue excluding grants, % of GDP | 32.8% | 34.8% |
| Grants excluding technical cooperation, BoP | $391.7M | $120.3M |
| Personal remittances received | $2.4B | $566.5M |
| Industry including construction value added, % of GDP | 23.8% | 24.1% |
| Agriculture, forestry and fishing value added, % of GDP | 3.6% | 2.7% |
| Charges for the use of intellectual property, payments BoP | $209M | $64.7M |
| Charges for the use of intellectual property, receipts BoP | $88.8M | $15.9M |
| Expense, % of GDP | 32.3% | 35% |
| Government Expenditure, % of GDP | 33.6% | 39.4% |
