Bulgaria vs Nigeria: Economic Indicators Comparison

Nigeria with a GDP of $397.3B ranked the 32nd largest economy in the world, while Bulgaria ranked 74th with $65.1B. By GDP 5-years average growth and GDP per capita, Nigeria and Bulgaria ranked 132nd vs 75th and 149th vs 79th, respectively.

Gross Domestic Product & Income

StatBulgariaNigeria
GDP$65.1B$397.3B
GDP growth, 1 year3.2%1.9%
GDP growth, 5-years average3.3%2%
Population7M190.9M
GDP per capita$9.3k$2k
GDP per capita growth3.84%-0.67%
Purchasing Power Parity conversion factor0.7110.03
Price level ratio of PPP conversion factor GDP to market exchange rate0.420.34
GDP per capita, PPP adjusted$23k$6k
GNI, Atlas method$62.3B$384.8B
GNI per capita$8.9k$2k
GNI, PPP adjusted$156.6B$1.1T
GNI per capita, PPP adjusted$22k$5.7k

Financial system and Human development

StatBulgariaNigeria
Income Tax Rate10%24%
Corporate Tax Rate10%30%
Inflation, consumer prices2.6%12.1%
Inflation, GDP deflator3.6%10.2%
Unemployment5.3%6%
Economic Freedom Index70.257.2
Personal Freedom Index8.326.01
Human Freedom Index7.786.1
Property Rights Index64.238.1
Judical Effectiveness Index45.432.2
Business Freedom Index62.654.7
Fiscal Health Index99.264.1
Labor Freedom Index68.184
Investment Freedom Index7045
Financial Freedom Index6040
Trade Freedom Index86.462.4
Monetary Freedom Index85.761.7
Government Spending Index66.196.2
Tax Burden Index90.385.1
Government Integrity Index44.222.3
Corruption Perceptions Index4227
Life expectancy at birth, years74.854
Suicide mortality rate, per 100,000 people11.59.5
Mortality caused by road traffic injury, per 100,000 people10.221.4
Intentional homicides, per 100,000 people1.59.9
International tourism, number of arrivals9.3M5.3M

Government debt & reserves

StatBulgariaNigeria
Central government debt, % of GDP20.5%28.4%
External debt stocks, % of GNI60.3%12.4%
External debt stocks$39.9B$47B
Short-term debt, % of total reserves33.8%0%
Total debt service, % of exports and primary income15.3%8.3%
Adjusted net savings including particulate emission damage, % of GNI14.8%1.4%
Gross savings, % of GDP27.7%19.3%
Gross capital formation, % of GDP21.6%19.8%
Total reserves including gold$28.7B$42.8B
Foreign direct investment net inflows$1.2B$2B

Exports, imports and economic structure

StatBulgariaNigeria
Exports of goods and services, % of GDP66.9%15.5%
Imports of goods and services, % of GDP64.3%17.5%
Current account balance (balance of payments)$3.5B$5.3B
Revenue excluding grants, % of GDP32.8%N/A
Grants excluding technical cooperation, BoP$391.7M$2B
Personal remittances received$2.4B$24.3B
Industry including construction value added, % of GDP23.8%25.7%
Agriculture, forestry and fishing value added, % of GDP3.6%21.2%
Charges for the use of intellectual property, payments BoP$209M$252.8M
Charges for the use of intellectual property, receipts BoP$88.8M$7.8M
Expense, % of GDP32.3%N/A
Government Expenditure, % of GDP33.6%11.2%

Compare with countries close by GDP per capita

Bulgaria vs

CountryGDP
per capita
Population
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M

Nigeria vs

CountryGDP
per capita
Population
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M