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Economy of Bulgaria vs Guyana compared: GDP & Debt

Updated on by Georank team

Bulgaria has a GDP of $113B compared to $24.7B for Guyana, ranking 67/197 and 120/197 by economy size, respectively.

Bulgaria has $27.3B in government debt (24.1% of GDP), compared to $5.99B (24.3% of GDP) in Guyana.

Bulgaria vs Guyana GDP by year

Bulgaria
Guyana
1x
Year GDP, current $
Bulgaria Guyana
2024 $113,343,355,780 $24,662,709,832
2023 $102,199,231,385 $16,918,503,597
2022 $90,506,153,294 $14,718,388,489
2021 $84,374,613,233 $8,041,362,110
2020 $70,486,877,546 $5,471,256,595
2019 $68,507,731,354 $5,173,760,192
2018 $66,097,226,262 $4,787,636,998
2017 $59,167,647,388 $4,748,174,334
2016 $53,929,397,039 $4,482,697,337
2015 $50,765,918,159 $4,279,840,194
2014 $57,080,897,012 $4,127,660,152
2013 $55,819,262,375 $4,167,800,929
2012 $54,297,052,002 $4,063,088,536
2011 $57,681,293,007 $3,691,384,318
2010 $50,689,051,382 $3,432,912,517
2009 $52,023,801,230 $3,165,663,153
2008 $54,480,684,188 $3,025,187,433
2007 $44,431,257,129 $2,730,971,595
2006 $34,380,536,496 $2,379,817,991
2005 $29,868,657,858 $824,880,550
2004 $26,157,743,369 $787,814,379
2003 $21,144,957,990 $743,063,950
2002 $16,403,043,850 $726,131,435
2001 $14,183,446,026 $712,167,450
2000 $13,245,990,274 $712,667,897
1999 $13,637,098,579 $694,754,988
1998 $15,031,055,047 $717,530,683
1997 $11,316,127,379 $749,138,010
1996 $12,294,964,838 $705,406,001
1995 $18,991,484,420 $621,626,786
1994 $9,709,240,034 $540,874,934
1993 $10,832,064,942 $454,101,382
1992 $8,602,887,623 $373,573,141
1991 $7,628,738,475 $348,533,095
1990 $20,632,090,909 $396,582,263
1989 $21,988,444,444 $379,779,390
1988 $22,555,941,176 $413,799,990
1987 $28,101,000,000 $354,591,847
1986 $20,249,294,118 $504,651,140
1985 $17,155,421,053 $453,488,372
1984 $17,594,944,444 $437,631,605
1983 $16,563,666,667 $489,333,333
1982 $19,342,000,000 $482,000,000
1981 $19,870,000,000 $570,357,107
1980 $19,839,230,769 $603,200,000
1979 - $530,440,000
1978 - $507,080,000
1977 - $449,880,000
1976 - $454,440,000
1975 - $494,791,667
1974 - $433,954,545
1973 - $307,047,619
1972 - $285,380,952
1971 - $282,050,000
1970 - $267,800,000
1969 - $249,300,000
1968 - $229,750,000
1967 - $250,176,471
1966 - $228,705,882
1965 - $213,235,294
1964 - $194,774,513
1963 - $175,757,894
1962 - $194,949,513
1961 - $185,849,535
1960 - $170,216,241

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

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

GDP per capita in Bulgaria vs Guyana by year

Bulgaria
GDP per capita

GDP per capita, PPP
Guyana
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bulgaria Guyana
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $17,596 $41,969 $29,675 $80,155
2023 $15,853 $38,829 $20,474 $54,729
2022 $13,999 $36,320 $17,913 $39,711
2021 $12,966 $30,959 $9,861 $22,866
2020 $10,760 $27,352 $6,776 $16,819
2019 $10,354 $26,766 $6,406 $13,241
2018 $9,849 $23,998 $6,048 $12,443
2017 $8,697 $22,317 $6,179 $12,243
2016 $7,822 $20,746 $5,871 $11,516
2015 $7,269 $18,896 $5,640 $11,408
2014 $8,070 $17,991 $5,473 $11,145
2013 $7,796 $16,894 $5,557 $11,200
2012 $7,432 $16,327 $5,444 $10,627
2011 $7,850 $15,747 $4,947 $10,066
2010 $6,854 $14,954 $4,582 $9,337
2009 $6,988 $14,188 $4,209 $8,824
2008 $7,271 $14,347 $4,009 $8,437
2007 $5,889 $12,822 $3,608 $8,110
2006 $4,523 $11,406 $3,136 $7,346
2005 $3,900 $10,291 $1,084 $6,761
2004 $3,390 $9,200 $1,033 $6,673
2003 $2,719 $8,416 $974 $6,392
2002 $2,093 $7,786 $951 $6,304
2001 $1,771 $6,960 $932 $6,131
2000 $1,621 $6,424 $932 $5,860
1999 $1,661 $5,808 $909 $5,812
1998 $1,820 $6,178 $940 $5,573
1997 $1,361 $5,751 $983 $5,615
1996 $1,470 $6,849 $928 $5,210
1995 $2,259 $7,743 $820 $4,753
1994 $1,150 $7,338 $716 $4,447
1993 $1,279 $7,032 $603 $4,027
1992 $1,007 $6,917 $498 $3,651
1991 $884 $7,215 $466 $3,322
1990 $2,367 $7,548 $529 $3,022
1989 $2,477 - $503 -
1988 $2,511 - $545 -
1987 $3,132 - $464 -
1986 $2,260 - $657 -
1985 $1,915 - $588 -
1984 $1,964 - $565 -
1983 $1,853 - $631 -
1982 $2,169 - $621 -
1981 $2,235 - $735 -
1980 $2,239 - $779 -
1979 - - $689 -
1978 - - $663 -
1977 - - $593 -
1976 - - $604 -
1975 - - $664 -
1974 - - $588 -
1973 - - $421 -
1972 - - $395 -
1971 - - $396 -
1970 - - $381 -
1969 - - $361 -
1968 - - $340 -
1967 - - $378 -
1966 - - $353 -
1965 - - $336 -
1964 - - $313 -
1963 - - $288.8 -
1962 - - $327 -
1961 - - $319 -
1960 - - $299.1 -

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

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

Bulgaria's GDP per capita is $17,596, ranking 64/197, compared to $29,675 in Guyana, ranking 41/197. Adjusted for purchasing power (GDP per capita PPP), Bulgaria ranks 54th at $41,969, while Guyana ranks 15th at $80,155.

Economic indicators

Bulgaria Guyana
Gross domestic product
$113B
2024
$24.7B
2024
GDP rank
67/197
2024
120/197
2024
GDP growth
3.39%
2023-2024
43.8%
2023-2024
GDP per capita
$17,596
2024
$29,675
2024
GDP per capita rank
64/197
2024
41/197
2024
GDP per capita, PPP
$41,969
2024
$80,155
2024
GDP per capita PPP rank
54/197
2024
15/197
2024
Government debt
$27.3B
2024
$5.99B
2024
Debt-to-GDP ratio
24.1%
2024
24.3%
2024
Government debt per person
$4,237
2024
$7,213
2024
Government debt per person rank
90/185
2024
66/185
2024
Average annual personal income after taxes
$14,263
2026
$13,212
2026
Market capitalization of domestic companies
$8.41B
2024
n/a
Number of billionaires
2
2025
n/a
Income share by richest 10%
31.1%
2023
34.4%
1998
Income share by poorest 10%
2.1%
2023
1.1%
1998
Government expenditure, % of GDP
36.7%
2024
23.2%
2024
Consumer prices inflation
2.6%
2023-2024
2.5%
2023-2024
Central bank interest rate
1.81%
2025
n/a
Unemployment rate
4.17%
2024
13.2%
2019
Population
6359449
842249

Spending and national debt comparison by year

Bulgaria
Spending

Debt
Guyana
Spending

Debt
1x
Year % of GDP
Bulgaria Guyana
Government spending Government debt Government spending Government debt
2024 36.7% 24.1% 23.2% 24.3%
2023 37.4% 22.9% 23.7% 26.7%
2022 37.6% 22.5% 20.3% 24.8%
2021 38.4% 23.8% 24.8% 45.7%
2020 37.6% 22.7% 30.5% 59.5%
2019 36% 18.4% 28.1% 54%
2018 34.4% 20.1% 27.6% 47.9%
2017 32% 22.9% 26.3% 46.1%
2016 32.7% 27% 25.2% 44%
2015 37.3% 25.4% 21.7% 42.2%
2014 37.1% 26.3% 23.1% 38.7%
2013 35.5% 17.2% 21.4% 41.4%
2012 32.5% 16.5% 21.8% 44.7%
2011 32% 14.3% 23.5% 51.7%
2010 34.6% 14.1% 23.9% 53.1%
2009 33.8% 14.5% 25.4% 52.3%
2008 33.5% 14.7% 24.1% 48.2%
2007 33.1% 17.6% 25.5% 47.7%
2006 32.5% 22.6% 29% 74.5%
2005 34% 28.5% 28.4% 90.7%
2004 34.6% 37.8% 23.7% 91.8%
2003 35.8% 45.4% 23.5% 95.6%
2002 35.1% 53.4% 23.1% 105.1%
2001 36.5% 67.1% 24% 104.6%
2000 37.1% 73.3% 22.9% 97.2%
1999 36.2% 78.7% 17.6% 97.1%
1998 30.6% 67.3% 19.7% 108%
1997 32.9% 88.4% 20.9% 101.3%
1996 44% 113.8% - -
1995 45.4% 72% - -

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

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

In 2024, Bulgaria's government spending was $41.5B, accounting for 36.7% of its GDP, while Guyana spent $5.72B, or 23.2% of GDP.

Debt-to-GDP ratio is 24.1% in Bulgaria and 24.3% in Guyana, ranking 169/185 and 168/185, respectively.

Government deficit by year

Deficit/surplus
Bulgaria

Guyana
1x
Year Deficit/surplus, % of GDP
Bulgaria Guyana
2024 -3.04% -7.31%
2023 -3.03% -5.78%
2022 -0.8% -5.11%
2021 -2.8% -6.94%
2020 -2.92% -7.78%
2019 -0.96% -2.52%
2018 0.12% -2.52%
2017 0.82% -3.14%
2016 1.54% -3.21%
2015 -2.77% -0.75%
2014 -3.65% -3.88%
2013 -1.75% -2.16%
2012 -0.43% -3.11%
2011 -1.83% -2.13%
2010 -3.77% -1.88%
2009 -0.86% -2.5%
2008 2.73% -2.78%
2007 3.09% -3.35%
2006 3.22% -6.16%
2005 2.19% -6.54%
2004 1.59% -2.88%
2003 0.003% -4.81%
2002 -0.61% -2.42%
2001 -0.58% -3.71%
2000 -0.6% -2.27%
1999 0.15% -0.47%
1998 1.08% -2.67%
1997 0.83% -1.7%
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 (1997–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1997, retrieved 2026-02-20).

GeoRank.org/economy/bulgaria/guyana | 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 Guyana's deficit of $1.8B, or 7.31% of GDP.

Over the past 28 years, Bulgaria recorded a fiscal deficit in 16 of those years, while Guyana ran a deficit in 28 years. On average, Bulgaria posted an annual deficit equal to 0.47% of GDP, compared to deficit of 3.59% of GDP for Guyana.

Inflation comparison by year

Inflation
Bulgaria

Guyana
1x
Year Consumer prices inflation
Bulgaria Guyana
2024 2.6% 2.5%
2023 8.6% 4.5%
2022 13% 6.5%
2021 2.8% 3.3%
2020 1.2% 1.2%
2019 2.5% 2.1%
2018 2.6% 1.3%
2017 1.2% 1.9%
2016 -1.3% 0.8%
2015 -1.1% -0.9%
2014 -1.6% 0.7%
2013 0.4% 1.9%
2012 2.4% 2.4%
2011 3.4% 4.4%
2010 3% 4.3%
2009 2.5% 3%
2008 12% 8.1%
2007 7.6% 12.2%
2006 7.4% 6.7%
2005 6% 6.9%
2004 6.1% 4.7%
2003 2.3% 6%
2002 5.8% 5.4%
2001 7.4% 2.6%
2000 10.3% 6.1%
1999 2.6% 7.5%
1998 18.7% 4.6%
1997 1,061% 3.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Bulgaria has recorded an average annual inflation rate of 42.5%, compared with 4.08% in Guyana. In 2024, inflation was 2.6% in Bulgaria and 2.5% in Guyana.

Top exports between countries

Bulgaria
Export category Export value
Textiles & consumer goods $186K
Raw agricultural goods $129K
Chemicals & pharma $72K
Machinery & equipment $20K
Guyana
Export category Export value
Machinery & equipment $1K

Balance of trade

Bulgaria Guyana
Current account balance
-$1.74B
2024
$2.35B
2023
Current account balance ranking
138/190
2024
43/190
2023
Current account balance, % of GDP
-1.54%
2024
+13.9%
2023
Goods imports
$52.8B
2024
$6B
2023
Goods exports
$47.3B
2024
$13.2B
2023
Service imports
$8.26B
2024
$4.95B
2023
Service exports
$16.6B
2024
$529M
2023
Imports of goods and services, % of GDP
53.9%
2024
109.7%
2005
Exports of goods and services, % of GDP
56.4%
2024
84.6%
2005

Economic freedom indices

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

Bulgaria Guyana
Economic freedom 68.9 58.7
Economic freedom ranking 44/197 109/197
Property rights 75.8 46.7
Government integrity 48.4 38.8
Judicial effectiveness 58.5 48.6
Tax burden 89.1 76.4
Government spending 58.4 85
Fiscal health 90.4 39.9
Business freedom 78.2 70.9
Labor freedom 62.4 76
Monetary freedom 75.8 78.5
Trade freedom 79.4 59.2
Investment freedom 60 55
Financial freedom 50 30

Economic freedom comparison by year

Bulgaria
Guyana
1x
Year Economic freedom index
Bulgaria Guyana
2026 68.9 58.7
2025 68.8 58.2
2024 68.5 57.3
2023 69.3 56.9
2022 71 59.5
2021 70.4 57.4
2020 70.2 56.2
2019 69 56.8
2018 68.3 58.7
2017 67.9 58.5
2016 65.9 55.4
2015 66.8 55.5
2014 65.7 55.7
2013 65 53.8
2012 64.7 51.3
2011 64.9 49.4
2010 62.3 48.4
2009 64.6 48.4
2008 63.7 48.8
2007 62.7 53.7
2006 64.1 56.6
2005 62.3 56.5
2004 59.2 53
2003 57 50.3
2002 57.1 54.3
2001 51.9 53.3
2000 47.3 52.4
1999 46.2 53.3
1998 45.7 52.7
1997 47.6 53.2
1996 48.6 50.1
1995 50 45.7

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

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

The Economic Freedom Index for Bulgaria is 68.9, ranking 44/197, compared to 58.7 for Guyana, ranking 109/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bulgaria Guyana
Services, % of GDP
63.8%
2024
14.5%
2024
Industry, % of GDP
21.1%
2024
76%
2024
Agriculture, forestry, and fishing, % of GDP
2.35%
2024
7.62%
2024
GNI, Atlas method
$99B
2024
$16.7B
2024
GNI per capita, PPP
$39,850
2024
$52,290
2024
Total reserves including gold
$43.7B
2024
$1.01B
2024
Total reserves ranking
47/177
2024
141/177
2024
Net foreign direct investment
-$2.22B
2024
$1.14B
2023
Net inflows of foreign direct investment
$3.55B
2024
$8.63B
2024
Net outflows of foreign direct investment
$1.13B
2024
$5.7M
2024
Servicing debt to the IMF, % of GNI
6.8%
2024
3.73%
2024
Poverty at national poverty lines
21.7%
2023
35%
2020
Gross capital formation, % of GDP
20.4%
2024
32.3%
2005

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/guyana | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, 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 (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.