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Economy of Bulgaria vs Haiti compared: GDP & Debt

Updated on by Georank team

Bulgaria has a GDP of $113B compared to $25.2B for Haiti, ranking 67/197 and 117/197 by economy size, respectively.

Bulgaria has $27.3B in government debt (24.1% of GDP), compared to $3.91B (15.5% of GDP) in Haiti.

Bulgaria vs Haiti GDP by year

Bulgaria
Haiti
1x
Year GDP, current $
Bulgaria Haiti
2024 $113,343,355,780 $25,224,154,991
2023 $102,199,231,385 $19,850,585,722
2022 $90,506,153,294 $20,253,551,921
2021 $84,374,613,233 $20,944,387,976
2020 $70,486,877,546 $14,508,222,518
2019 $68,507,731,354 $15,016,090,930
2018 $66,097,226,262 $16,403,864,618
2017 $59,167,647,388 $15,093,357,161
2016 $53,929,397,039 $14,069,277,526
2015 $50,765,918,159 $14,849,629,309
2014 $57,080,897,012 $15,146,883,498
2013 $55,819,262,375 $14,902,488,604
2012 $54,297,052,002 $13,708,925,477
2011 $57,681,293,007 $13,008,746,039
2010 $50,689,051,382 $11,859,312,725
2009 $52,023,801,230 $11,597,002,835
2008 $54,480,684,188 $10,432,962,635
2007 $44,431,257,129 $9,228,637,768
2006 $34,380,536,496 $7,638,739,123
2005 $29,868,657,858 $7,030,149,730
2004 $26,157,743,369 $6,087,360,684
2003 $21,144,957,990 $5,071,947,798
2002 $16,403,043,850 $6,205,847,214
2001 $14,183,446,026 $6,331,970,324
2000 $13,245,990,274 $6,813,566,099
1999 $13,637,098,579 $4,153,725,884
1998 $15,031,055,047 $3,723,903,724
1997 $11,316,127,379 $3,338,949,152
1996 $12,294,964,838 $2,907,517,604
1995 $18,991,484,420 $2,813,313,279
1994 $9,709,240,034 $2,167,569,046
1993 $10,832,064,942 $1,878,253,767
1992 $8,602,887,623 $2,257,129,792
1991 $7,628,738,475 $3,473,562,628
1990 $20,632,090,909 $3,096,289,800
1989 $21,988,444,444 $2,736,243,800
1988 $22,555,941,176 $2,613,926,800
1987 $28,101,000,000 $2,047,200,000
1986 $20,249,294,118 $2,318,000,000
1985 $17,155,421,053 $2,009,400,000
1984 $17,594,944,444 $1,816,200,000
1983 $16,563,666,667 $1,623,600,000
1982 $19,342,000,000 $1,474,200,000
1981 $19,870,000,000 $1,479,400,000
1980 $19,839,230,769 $1,383,800,000
1979 - $1,080,600,000
1978 - $974,200,000
1977 - $947,000,000
1976 - $879,000,000
1975 - $681,400,000
1974 - $565,399,322
1973 - $466,798,973
1972 - $371,998,958
1971 - $362,800,000
1970 - $331,200,000
1969 - $391,820,400
1968 - $367,968,800
1967 - $369,124,200
1966 - $368,948,600
1965 - $353,251,800
1964 - $325,281,200
1963 - $294,883,400
1962 - $281,896,800
1961 - $271,066,000
1960 - $273,187,200

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

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

GDP per capita in Bulgaria vs Haiti by year

Bulgaria
GDP per capita

GDP per capita, PPP
Haiti
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bulgaria Haiti
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $17,596 $41,969 $2,143 $3,194
2023 $15,853 $38,829 $1,706 $3,292
2022 $13,999 $36,320 $1,761 $3,275
2021 $12,966 $30,959 $1,841 $3,145
2020 $10,760 $27,352 $1,290 $3,103
2019 $10,354 $26,766 $1,352 $3,237
2018 $9,849 $23,998 $1,496 $3,197
2017 $8,697 $22,317 $1,395 $3,339
2016 $7,822 $20,746 $1,318 $3,253
2015 $7,269 $18,896 $1,411 $3,026
2014 $8,070 $17,991 $1,460 $3,076
2013 $7,796 $16,894 $1,458 $3,042
2012 $7,432 $16,327 $1,361 $2,830
2011 $7,850 $15,747 $1,312 $2,858
2010 $6,854 $14,954 $1,210 $2,695
2009 $6,988 $14,188 $1,197 $2,855
2008 $7,271 $14,347 $1,095 $2,724
2007 $5,889 $12,822 $985 $2,647
2006 $4,523 $11,406 $829 $2,504
2005 $3,900 $10,291 $776 $2,427
2004 $3,390 $9,200 $683 $2,322
2003 $2,719 $8,416 $579 $2,331
2002 $2,093 $7,786 $721 $2,248
2001 $1,771 $6,960 $749 $2,230
2000 $1,621 $6,424 $821 $2,229
1999 $1,661 $5,808 $510 $2,201
1998 $1,820 $6,178 $465 $2,152
1997 $1,361 $5,751 $425 $2,122
1996 $1,470 $6,849 $377 $2,070
1995 $2,259 $7,743 $372 $1,989
1994 $1,150 $7,338 $292.1 $1,807
1993 $1,279 $7,032 $258.1 $2,048
1992 $1,007 $6,917 $316 $2,158
1991 $884 $7,215 $497 $2,273
1990 $2,367 $7,548 $452 $2,202
1989 $2,477 - $407 -
1988 $2,511 - $397 -
1987 $3,132 - $318 -
1986 $2,260 - $367 -
1985 $1,915 - $325 -
1984 $1,964 - $299.2 -
1983 $1,853 - $272.8 -
1982 $2,169 - $252.6 -
1981 $2,235 - $258.5 -
1980 $2,239 - $246.5 -
1979 - - $196.2 -
1978 - - $180.3 -
1977 - - $178.7 -
1976 - - $169.1 -
1975 - - $133.6 -
1974 - - $113 -
1973 - - $95.1 -
1972 - - $77.3 -
1971 - - $76.8 -
1970 - - $71.5 -
1969 - - $86.1 -
1968 - - $82.4 -
1967 - - $84.2 -
1966 - - $85.7 -
1965 - - $83.6 -
1964 - - $78.5 -
1963 - - $72.4 -
1962 - - $70.4 -
1961 - - $69 -
1960 - - $70.8 -

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

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

Bulgaria's GDP per capita is $17,596, ranking 64/197, compared to $2,143 in Haiti, ranking 153/197. Adjusted for purchasing power (GDP per capita PPP), Bulgaria ranks 54th at $41,969, while Haiti ranks 177th at $3,194.

Economic indicators

Bulgaria Haiti
Gross domestic product
$113B
2024
$25.2B
2024
GDP rank
67/197
2024
117/197
2024
GDP growth
3.39%
2023-2024
-4.17%
2023-2024
GDP per capita
$17,596
2024
$2,143
2024
GDP per capita rank
64/197
2024
153/197
2024
GDP per capita, PPP
$41,969
2024
$3,194
2024
GDP per capita PPP rank
54/197
2024
177/197
2024
Government debt
$27.3B
2024
$3.91B
2024
Debt-to-GDP ratio
24.1%
2024
15.5%
2024
Government debt per person
$4,237
2024
$332
2024
Government debt per person rank
90/185
2024
176/185
2024
Average annual personal income after taxes
$14,263
2026
$1,896
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
31.2%
2012
Income share by poorest 10%
2.1%
2023
2.1%
2012
Government expenditure, % of GDP
36.7%
2024
5.25%
2024
Consumer prices inflation
2.6%
2023-2024
26.9%
2023-2024
Central bank interest rate
1.81%
2025
n/a
Unemployment rate
4.17%
2024
14.1%
2012
Population
6359449
12076663

Spending and national debt comparison by year

Bulgaria
Spending

Debt
Haiti
Spending

Debt
1x
Year % of GDP
Bulgaria Haiti
Government spending Government debt Government spending Government debt
2024 36.7% 24.1% 5.25% 15.5%
2023 37.4% 22.9% 6.46% 28.5%
2022 37.6% 22.5% 8.33% 29.5%
2021 38.4% 23.8% 9.42% 28.9%
2020 37.6% 22.7% 9.86% 22.3%
2019 36% 18.4% 9.59% 26.5%
2018 34.4% 20.1% 11.3% 24.1%
2017 32% 22.9% 10.2% 22.5%
2016 32.7% 27% 10.5% 24.4%
2015 37.3% 25.4% 12.7% 23.9%
2014 37.1% 26.3% 14.6% 21.4%
2013 35.5% 17.2% 15.9% 25.1%
2012 32.5% 16.5% 16.4% 24.1%
2011 32% 14.3% 14.1% 22.3%
2010 34.6% 14.1% 12.6% 24.9%
2009 33.8% 14.5% 11.6% 19.4%
2008 33.5% 14.7% 11.2% 33.9%
2007 33.1% 17.6% 11.1% 24.4%
2006 32.5% 22.6% 9.67% 32.2%
2005 34% 28.5% 8.75% 29.7%
2004 34.6% 37.8% 7.38% 30.4%
2003 35.8% 45.4% 7.83% 37.8%
2002 35.1% 53.4% 6.64% 32%
2001 36.5% 67.1% 6.11% 28.8%
2000 37.1% 73.3% 6.25% 32.5%
1999 36.2% 78.7% 6.91% 24.1%
1998 30.6% 67.3% 5.4% 24%
1997 32.9% 88.4% 5.46% 26.2%
1996 44% 113.8% - 26.2%
1995 45.4% 72% - 26.2%
1994 - - - 35.3%
1993 - - - 98%
1992 - - - 118.9%
1991 - - - 80.7%
1990 - - - 85.1%
1989 - - - 98.7%
1988 - - - 90.9%
1987 - - 32.4% 58.6%
1986 - - 15.1% 26.5%
1985 - - 17.4% 25.6%
1984 - - 16.9% 27.3%
1983 - - 21.9% 28.9%
1982 - - 20.7% 25.5%
1981 - - 17.4% 23.7%
1980 - - 17.2% 20.3%
1979 - - 13.1% 19.8%
1978 - - 18.9% 20.1%
1977 - - 16.7% 18.5%
1976 - - 13.4% 14.9%
1975 - - 12.8% 14.2%
1974 - - 9.24% 13.3%
1973 - - 9.4% 8.92%
1972 - - 11.2% 11.1%
1971 - - 11.2% 11%
1970 - - 11.4% 12.5%
1969 - - 10.1% -
1968 - - 10.3% -
1967 - - 7.52% -
1966 - - 7.2% -
1965 - - 7.91% -
1964 - - - -
1963 - - 8.95% -
1962 - - - -
1961 - - - -
1960 - - 7.34% 21.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1997, retrieved 2026-02-20).

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

In 2024, Bulgaria's government spending was $41.5B, accounting for 36.7% of its GDP, while Haiti spent $1.32B, or 5.25% of GDP.

Debt-to-GDP ratio is 24.1% in Bulgaria and 15.5% in Haiti, ranking 169/185 and 177/185, respectively.

Government deficit by year

Deficit/surplus
Bulgaria

Haiti
1x
Year Deficit/surplus, % of GDP
Bulgaria Haiti
2024 -3.04% 6.96%
2023 -3.03% 0.77%
2022 -0.8% -1.75%
2021 -2.8% -2.45%
2020 -2.92% -1.96%
2019 -0.96% -1.99%
2018 0.12% -1.13%
2017 0.82% -0.32%
2016 1.54% 0.12%
2015 -2.77% -1.47%
2014 -3.65% -3.64%
2013 -1.75% -3.98%
2012 -0.43% -2.71%
2011 -1.83% -1.43%
2010 -3.77% -1.5%
2009 -0.86% -2%
2008 2.73% -1.8%
2007 3.09% -1.55%
2006 3.22% -0.91%
2005 2.19% -0.83%
2004 1.59% -1.34%
2003 0.003% -2.24%
2002 -0.61% -1.8%
2001 -0.58% -1.55%
2000 -0.6% -1.36%
1999 0.15% -1.54%
1998 1.08% 0.21%
1997 0.83% 0.37%
1996 -10.1% -
1995 -7.98% -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -4.94%
1986 - -1.4%
1985 - -0.97%
1984 - -3.52%
1983 - -5.72%
1982 - -3.93%
1981 - -4.38%
1980 - -5.68%
1979 - -2.21%
1978 - -3.24%
1977 - -2.85%
1976 - -1.16%
1975 - -1.73%
1974 - 0.23%
1973 - 0.03%
1972 - 0.24%
1971 - -0.08%
1970 - -0.19%
1969 - -0.39%
1968 - -0.46%
1967 - 0%
1966 - 0%
1965 - 0%
1964 - -
1963 - 0%
1962 - -
1961 - -
1960 - 0.006%
1959 - -1.11%
1958 - -2.21%
1957 - 0.28%
1956 - -2.18%
1955 - -0.86%
1954 - -0.81%
1953 - -1.01%
1952 - -
1951 - -
1950 - -
1949 - -0.12%
1948 - 0.21%
1947 - 1.06%
1946 - 0.51%
1945 - 0.47%
1944 0% -
1943 0% -
1942 -0.3% -
1941 3.96% -0.21%
1940 0.75% 0.13%
1939 0.72% -0.16%
1938 1% 0.15%
1937 1.41% -0.08%
1936 1.17% -0.06%
1935 1.34% -0.2%
1934 -0.12% -1.23%
1933 -0.56% 0%
1932 -2.14% 0.4%
1931 -3.07% -0.49%
1930 -5.48% -0.52%
1929 -6.67% -0.32%
1928 -1.09% -0.25%
1927 -0.02% 0.73%
1926 -0.25% -0.45%
1925 -0.97% 0.05%
1924 1.26% -0.14%

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

GeoRank.org/economy/bulgaria/haiti | 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 Haiti's surplus of $1.76B, or 6.96% of GDP.

Over the past 30 years, Bulgaria recorded a fiscal deficit in 18 of those years, while Haiti ran a deficit in 23 years. On average, Bulgaria posted an annual deficit equal to 1.04% of GDP, compared to deficit of 1.17% of GDP for Haiti.

Inflation comparison by year

Inflation
Bulgaria

Haiti
1x
Year Consumer prices inflation
Bulgaria Haiti
2024 2.6% 26.9%
2023 8.6% 36.8%
2022 13% 34%
2021 2.8% 16.8%
2020 1.2% 22.8%
2019 2.5% 18.7%
2018 2.6% 12.5%
2017 1.2% 10.7%
2016 -1.3% 11.5%
2015 -1.1% 6.73%
2014 -1.6% 3.44%
2013 0.4% 4.77%
2012 2.4% 5.02%
2011 3.4% 6.33%
2010 3% 4.83%
2009 2.5% 0.39%
2008 12% 15.3%
2007 7.6% 6.56%
2006 7.4% 11.3%
2005 6% 14%
2004 6.1% 21%
2003 2.3% 28.7%
2002 5.8% 7.03%
2001 7.4% 13.3%
2000 10.3% 9.33%
1999 2.6% 3%
1998 18.7% 5.27%
1997 1,061% 20.6%

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/haiti | CC BY

Over the past 28 years, Bulgaria has recorded an average annual inflation rate of 42.5%, compared with 13.5% in Haiti. In 2024, inflation was 2.6% in Bulgaria and 26.9% in Haiti.

Top exports between countries

Bulgaria
Export category Export value
Textiles & consumer goods $100K
Processed food, beverages & tobacco $29K
Chemicals & pharma $26K
Machinery & equipment $2K
Wood & paper products $1K
Haiti
Export category Export value

Balance of trade

Bulgaria Haiti
Current account balance
-$1.74B
2024
-$145M
2024
Current account balance ranking
138/190
2024
92/190
2024
Current account balance, % of GDP
-1.54%
2024
-0.58%
2024
Goods imports
$52.8B
2024
$4.27B
2024
Goods exports
$47.3B
2024
$767M
2024
Service imports
$8.26B
2024
$518M
2024
Service exports
$16.6B
2024
$96.6M
2024
Imports of goods and services, % of GDP
53.9%
2024
18.8%
2024
Exports of goods and services, % of GDP
56.4%
2024
3.4%
2024

Economic freedom indices

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

Bulgaria Haiti
Economic freedom 68.9 46.1
Economic freedom ranking 44/197 178/197
Property rights 75.8 6.6
Government integrity 48.4 13
Judicial effectiveness 58.5 17.3
Tax burden 89.1 81.7
Government spending 58.4 98.7
Fiscal health 90.4 99.5
Business freedom 78.2 30.7
Labor freedom 62.4 54.7
Monetary freedom 75.8 45.1
Trade freedom 79.4 66.4
Investment freedom 60 20
Financial freedom 50 20

Economic freedom comparison by year

Bulgaria
Haiti
1x
Year Economic freedom index
Bulgaria Haiti
2026 68.9 46.1
2025 68.8 46.1
2024 68.5 48.2
2023 69.3 49.9
2022 71 50
2021 70.4 50.8
2020 70.2 52.3
2019 69 52.7
2018 68.3 55.8
2017 67.9 49.6
2016 65.9 51.3
2015 66.8 51.3
2014 65.7 48.9
2013 65 48.1
2012 64.7 50.7
2011 64.9 52.1
2010 62.3 50.8
2009 64.6 50.5
2008 63.7 49
2007 62.7 51.4
2006 64.1 49.2
2005 62.3 48.4
2004 59.2 51.2
2003 57 50.6
2002 57.1 47.9
2001 51.9 47.1
2000 47.3 45.7
1999 46.2 45.9
1998 45.7 45.7
1997 47.6 45.8
1996 48.6 41
1995 50 43

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

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

The Economic Freedom Index for Bulgaria is 68.9, ranking 44/197, compared to 46.1 for Haiti, ranking 178/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bulgaria Haiti
Services, % of GDP
63.8%
2024
48.3%
2024
Industry, % of GDP
21.1%
2024
33.4%
2024
Agriculture, forestry, and fishing, % of GDP
2.35%
2024
15.9%
2024
GNI, Atlas method
$99B
2024
$20.7B
2024
GNI per capita, PPP
$39,850
2024
$3,190
2024
Total reserves including gold
$43.7B
2024
$2.72B
2024
Total reserves ranking
47/177
2024
121/177
2024
Net foreign direct investment
-$2.22B
2024
-$20M
2024
Net inflows of foreign direct investment
$3.55B
2024
$20M
2024
Net outflows of foreign direct investment
$1.13B
2024
$0
2024
Servicing debt to the IMF, % of GNI
6.8%
2024
2.15%
2024
Poverty at national poverty lines
21.7%
2023
58.5%
2012
Gross capital formation, % of GDP
20.4%
2024
9.94%
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/haiti | 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 (1997–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1924–1997, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, 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.