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Economy of Bulgaria vs Niger compared: GDP & Debt

Updated on by Georank

Bulgaria has a GDP of $131B compared to $21.6B for Niger, ranking 63/197 and 129/197 by economy size, respectively.

Bulgaria has $35.4B in government debt (27.1% of GDP), compared to $9.82B (45.4% of GDP) in Niger.

Bulgaria vs Niger GDP by year

Bulgaria
Niger
1x
Year GDP, current $
Bulgaria Niger
2025 $130,777,235,530 $21,646,191,388
2024 $113,349,149,167 $19,729,786,047
2023 $102,204,457,335 $16,949,765,464
2022 $90,510,784,778 $15,531,799,641
2021 $84,378,926,047 $14,936,154,253
2020 $70,490,478,088 $13,648,332,190
2019 $68,511,235,459 $12,420,836,507
2018 $66,100,606,677 $12,800,907,986
2017 $59,170,671,046 $11,359,273,443
2016 $53,932,152,154 $10,341,025,540
2015 $50,768,512,173 $9,683,867,926
2014 $57,083,817,240 $10,862,943,544
2013 $55,822,115,861 $10,224,897,438
2012 $54,299,825,600 $9,426,912,648
2011 $57,684,243,980 $8,772,950,778
2010 $50,691,645,231 $7,851,192,502
2009 $52,026,461,290 $7,352,131,310
2008 $54,483,464,293 $7,297,600,226
2007 $44,433,521,725 $5,731,485,052
2006 $34,382,295,487 $4,756,361,252
2005 $29,870,182,425 $4,383,315,965
2004 $26,159,078,743 $3,760,443,738
2003 $21,146,038,619 $3,394,084,732
2002 $16,403,880,783 $2,782,192,879
2001 $14,184,170,319 $2,448,714,704
2000 $13,246,669,554 $2,241,753,193
1999 $13,637,793,854 $2,537,789,821
1998 $15,031,821,788 $2,643,363,519
1997 $11,316,706,412 $2,290,318,910
1996 $12,295,588,924 $2,405,686,940
1995 $18,992,388,645 $2,302,537,562
1994 $9,709,230,161 $1,938,058,175
1993 $10,832,041,595 $3,052,673,849
1992 $8,602,874,120 $3,386,232,579
1991 $7,628,764,750 $3,285,796,875
1990 $20,726,605,649 $3,512,356,508
1989 $21,746,286,447 $2,179,567,114
1988 $23,003,003,708 $2,280,356,193
1987 $28,428,718,531 $2,233,006,105
1986 $20,261,546,635 $1,904,096,998
1985 $17,562,270,447 $1,440,581,652
1984 $17,410,894,971 $1,461,243,326
1983 $16,959,180,922 $1,803,099,561
1982 $19,803,624,625 $2,017,612,216
1981 $20,055,685,481 $2,170,893,414
1980 $20,039,544,133 $2,508,524,721
1979 - $2,109,277,666
1978 - $1,774,365,590
1977 - $1,291,458,041
1976 - $1,064,517,601
1975 - $1,048,690,933
1974 - $1,026,137,111
1973 - $946,385,105
1972 - $742,779,661
1971 - $693,573,704
1970 - $649,916,621
1969 - $625,867,985
1968 - $641,214,226
1967 - $665,586,872
1966 - $702,296,079
1965 - $673,383,511
1964 - $582,816,396
1963 - $586,294,879
1962 - $531,736,599
1961 - $485,785,231
1960 - $449,526,873

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Bulgaria vs Niger by year

Bulgaria
GDP per capita

GDP per capita, PPP
Niger
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bulgaria Niger
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $20,328 - $775 -
2024 $17,597 $41,969 $730 $2,050
2023 $15,854 $38,829 $648 $1,875
2022 $14,000 $36,320 $614 $1,840
2021 $12,967 $30,959 $610 $1,586
2020 $10,761 $27,352 $575 $1,497
2019 $10,354 $26,766 $541 $1,419
2018 $9,850 $23,998 $577 $1,276
2017 $8,697 $22,317 $530 $1,208
2016 $7,823 $20,746 $500 $1,189
2015 $7,269 $18,896 $486 $1,172
2014 $8,070 $17,991 $565 $1,161
2013 $7,796 $16,894 $552 $1,138
2012 $7,432 $16,327 $529 $1,162
2011 $7,850 $15,747 $511 $1,064
2010 $6,854 $14,954 $474 $1,058
2009 $6,989 $14,188 $461 $999
2008 $7,272 $14,347 $475 $1,010
2007 $5,889 $12,822 $387 $955
2006 $4,523 $11,406 $333 $935
2005 $3,900 $10,291 $319 $888
2004 $3,390 $9,200 $283.5 $832
2003 $2,720 $8,416 $265.2 $837
2002 $2,093 $7,786 $225.3 $832
2001 $1,771 $6,960 $205.4 $809
2000 $1,621 $6,424 $194.8 $764
1999 $1,661 $5,808 $228.3 $783
1998 $1,821 $6,178 $246.1 $801
1997 $1,361 $5,751 $220.6 $745
1996 $1,470 $6,849 $239.5 $746
1995 $2,259 $7,743 $237 $757
1994 $1,150 $7,338 $206.2 $748
1993 $1,279 $7,032 $335 $742
1992 $1,007 $6,917 $384 $746
1991 $884 $7,215 $384 $738
1990 $2,377 $7,548 $424 $739
1989 $2,450 - $271.3 -
1988 $2,561 - $292.6 -
1987 $3,169 - $295.3 -
1986 $2,262 - $259.6 -
1985 $1,960 - $202.4 -
1984 $1,943 - $211.5 -
1983 $1,897 - $268.8 -
1982 $2,221 - $310 -
1981 $2,256 - $343 -
1980 $2,261 - $409 -
1979 - - $354 -
1978 - - $307 -
1977 - - $229.8 -
1976 - - $194.8 -
1975 - - $197.2 -
1974 - - $198.3 -
1973 - - $187.9 -
1972 - - $151.4 -
1971 - - $145.2 -
1970 - - $139.8 -
1969 - - $138.3 -
1968 - - $145.6 -
1967 - - $155.4 -
1966 - - $168.6 -
1965 - - $166.3 -
1964 - - $148.1 -
1963 - - $153.3 -
1962 - - $143.2 -
1961 - - $134.6 -
1960 - - $128.3 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Bulgaria's GDP per capita is $20,328, ranking 58/197, compared to $775 in Niger, ranking 188/197. Adjusted for purchasing power (GDP per capita PPP), Bulgaria ranks 54th at $41,969, while Niger ranks 186th at $2,050.

Economic indicators

Bulgaria Niger
Gross domestic product
$131B
2025
$21.6B
2025
GDP rank
63/197
2025
129/197
2025
GDP growth
3.1%
2024-2025
7.01%
2024-2025
GDP per capita
$20,328
2025
$775
2025
GDP per capita rank
58/197
2025
188/197
2025
GDP per capita, PPP
$41,969
2024
$2,050
2024
GDP per capita PPP rank
54/197
2024
186/197
2024
Government debt
$35.4B
2025
$9.82B
2025
Debt-to-GDP ratio
27.1%
2025
45.4%
2025
Government debt per person
$5,507
2025
$352
2025
Government debt per person rank
79/185
2025
175/185
2025
Average annual personal income after taxes
$16,126
2026
$1,418
2026
Market capitalization of domestic companies
$11.2B
2025
n/a
Number of billionaires
2
2026
n/a
Income share by richest 10%
31.1%
2023
27.8%
2021
Income share by poorest 10%
2.1%
2023
3.8%
2021
Government expenditure, % of GDP
38.9%
2025
14.8%
2025
Consumer prices inflation
3.5%
2024-2025
-4.45%
2024-2025
Central bank interest rate
1.81%
2025
n/a
Unemployment rate
3.5%
2025
0.4%
2022
Population
6390149
29294628

Spending and national debt comparison by year

Bulgaria
Spending

Debt
Niger
Spending

Debt
1x
Year % of GDP
Bulgaria Niger
Government spending Government debt Government spending Government debt
2025 38.9% 27.1% 14.8% 45.4%
2024 36.3% 23.8% 13.4% 47.7%
2023 37.5% 22.9% 15.8% 51.8%
2022 37.6% 22.5% 21.6% 50.7%
2021 38.5% 23.9% 24.3% 51.3%
2020 37.7% 22.7% 22.4% 45%
2019 36.1% 18.4% 21.6% 39.8%
2018 34.4% 20.1% 21.2% 37%
2017 32% 22.9% 19.5% 36.5%
2016 32.7% 27% 19.4% 32.8%
2015 37.3% 25.4% 24.2% 29.9%
2014 37.1% 26.3% 23.6% 22.1%
2013 35.5% 17.2% 20.4% 19.6%
2012 32.5% 16.5% 16.6% 18.1%
2011 32% 14.3% 15.3% 14.7%
2010 34.6% 14.1% 14.3% 15.1%
2009 33.8% 14.5% 17.7% 15.9%
2008 33.5% 14.7% 16.9% 14.2%
2007 33.1% 17.6% 17.4% 17.8%
2006 32.5% 22.6% 15.2% 18.3%
2005 34% 28.5% 15.6% 49.5%
2004 34.6% 37.8% 16.1% 55%
2003 35.8% 45.4% 14% 60.6%
2002 35.1% 53.4% 14.4% 69%
2001 36.5% 67.1% 13.7% 74%
2000 37.1% 73.3% 13.5% 82.1%
1999 36.2% 78.7% 15% 63.3%
1998 30.6% 67.3% 13.6% 61.3%
1997 32.9% 88.4% 12.9% 69.1%
1996 44% 113.8% 10.9% 63.5%
1995 45.4% 72% 12.5% 69.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1997, retrieved 2026-07-08).

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

In 2025, Bulgaria's government spending was $50.8B, accounting for 38.9% of its GDP, while Niger spent $3.2B, or 14.8% of GDP.

Debt-to-GDP ratio is 27.1% in Bulgaria and 45.4% in Niger, ranking 164/185 and 114/185, respectively.

Government deficit by year

Deficit/surplus
Bulgaria

Niger
1x
Year Deficit/surplus, % of GDP
Bulgaria Niger
2025 -3.01% -3.28%
2024 -3.01% -4.27%
2023 -3.04% -5.37%
2022 -0.8% -6.77%
2021 -2.8% -6.1%
2020 -2.92% -4.82%
2019 -0.96% -3.56%
2018 0.12% -3.01%
2017 0.82% -4.12%
2016 1.54% -4.46%
2015 -2.77% -6.75%
2014 -3.65% -6.12%
2013 -1.75% -1.93%
2012 -0.43% -0.83%
2011 -1.83% -2.19%
2010 -3.77% -0.99%
2009 -0.86% -3.93%
2008 2.73% 1.11%
2007 3.09% -0.75%
2006 3.22% 31%
2005 2.19% -1.53%
2004 1.59% -2.76%
2003 0.003% -2.17%
2002 -0.61% -2.21%
2001 -0.58% -2.59%
2000 -0.6% -2.83%
1999 0.15% -4.27%
1998 1.08% -2.23%
1997 0.83% -2.39%
1996 -10.1% -0.36%
1995 -7.98% -3.19%
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 (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1997, retrieved 2026-07-08).

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

In 2025, Bulgaria's government deficit, the difference between spending and revenue, was $3.94B, equivalent to 3.01% of GDP. This compares to Niger's deficit of $711M, or 3.28% of GDP.

Over the past 31 years, Bulgaria recorded a fiscal deficit in 19 of those years, while Niger ran a deficit in 29 years. On average, Bulgaria posted an annual deficit equal to 1.1% of GDP, compared to deficit of 2.05% of GDP for Niger.

Inflation comparison by year

Inflation
Bulgaria

Niger
1x
Year Consumer prices inflation
Bulgaria Niger
2025 3.5% -4.45%
2024 2.6% 9.07%
2023 8.6% 3.7%
2022 13% 4.23%
2021 2.8% 3.84%
2020 1.2% 2.9%
2019 2.5% -2.49%
2018 2.6% 2.97%
2017 1.2% 2.8%
2016 -1.3% 1.65%
2015 -1.1% -0.58%
2014 -1.6% -0.93%
2013 0.4% 2.3%
2012 2.4% 0.46%
2011 3.4% 2.94%
2010 3% 0.8%
2009 2.5% 0.58%
2008 12% 11.3%
2007 7.6% 0.05%
2006 7.4% 0.04%
2005 6% 7.8%
2004 6.1% 0.26%
2003 2.3% -1.61%
2002 5.8% 2.63%
2001 7.4% 4.01%
2000 10.3% 2.9%
1999 2.6% -2.3%
1998 18.7% 4.55%
1997 1,061% 2.93%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Bulgaria has recorded an average annual inflation rate of 41.1%, compared with 2.15% in Niger. In 2025, inflation was 3.5% in Bulgaria and -4.45% in Niger.

Top exports between countries

Bulgaria
Export category Export value
Machinery & equipment $1.47M
Chemicals & pharma $265K
Textiles & consumer goods $163K
Processed food, beverages & tobacco $91K
Raw materials & minerals $80K
Niger
Export category Export value
Raw materials & minerals $22K
Textiles & consumer goods $22K
Animal & marine products $3K
Raw agricultural goods $1K

Balance of trade

Bulgaria Niger
Current account balance
-$7.64B
2025
-$1.2B
2024
Current account balance ranking
170/190
2025
123/190
2024
Current account balance, % of GDP
-5.84%
2025
-6.09%
2024
Goods imports
$58.5B
2025
$2B
2024
Goods exports
$47.9B
2025
$1.52B
2024
Service imports
$9.42B
2025
$1.03B
2024
Service exports
$18.6B
2025
$248M
2024
Imports of goods and services, % of GDP
51.8%
2025
18.1%
2025
Exports of goods and services, % of GDP
50.7%
2025
15.8%
2025

Economic freedom indices

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

Bulgaria Niger
Economic freedom 68.9 51
Economic freedom ranking 44/197 156/197
Property rights 75.8 16.6
Government integrity 48.4 33.9
Judicial effectiveness 58.5 28
Tax burden 89.1 78.2
Government spending 58.4 91.4
Fiscal health 90.4 47.6
Business freedom 78.2 32.4
Labor freedom 62.4 54.7
Monetary freedom 75.8 67.9
Trade freedom 79.4 65.8
Investment freedom 60 55
Financial freedom 50 40

Economic freedom comparison by year

Bulgaria
Niger
1x
Year Economic freedom index
Bulgaria Niger
2026 68.9 51
2025 68.8 51.5
2024 68.5 52.3
2023 69.3 53.7
2022 71 54.9
2021 70.4 57.3
2020 70.2 54.7
2019 69 51.6
2018 68.3 49.5
2017 67.9 50.8
2016 65.9 54.3
2015 66.8 54.6
2014 65.7 55.1
2013 65 53.9
2012 64.7 54.3
2011 64.9 54.3
2010 62.3 52.9
2009 64.6 53.8
2008 63.7 52.9
2007 62.7 53.2
2006 64.1 52.5
2005 62.3 54.1
2004 59.2 54.6
2003 57 54.2
2002 57.1 48.2
2001 51.9 48.9
2000 47.3 45.9
1999 46.2 48.6
1998 45.7 47.5
1997 47.6 46.6
1996 48.6 45.8
1995 50 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Bulgaria is 68.9, ranking 44/197, compared to 51 for Niger, ranking 156/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bulgaria Niger
Services, % of GDP
63.3%
2025
31.1%
2025
Industry, % of GDP
21.2%
2025
18.7%
2025
Agriculture, forestry, and fishing, % of GDP
2.47%
2025
47.6%
2025
GNI, Atlas method
$114B
2025
$20.9B
2025
GNI per capita, PPP
$42,170
2025
$2,150
2025
Total reserves including gold
$47.1B
2025
n/a
Total reserves ranking
51/177
2025
n/a
Net foreign direct investment
-$3.37B
2025
-$337M
2024
Net inflows of foreign direct investment
$3.05B
2024
$358M
2024
Net outflows of foreign direct investment
$1.21B
2024
$20.7M
2024
Servicing debt to the IMF, % of GNI
6.8%
2024
1.96%
2024
Poverty at national poverty lines
21.7%
2023
41.2%
2021
Gross capital formation, % of GDP
21.7%
2025
22%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1924–1997, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2020–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.