Bulgaria vs Paraguay: Economic Indicators Comparison

Bulgaria with a GDP of $65.1B ranked the 74th largest economy in the world, while Paraguay ranked 94th with $40.5B. By GDP 5-years average growth and GDP per capita, Bulgaria and Paraguay ranked 75th vs 50th and 79th vs 104th, respectively.

Gross Domestic Product & Income

StatBulgariaParaguay
GDP$65.1B$40.5B
GDP growth, 1 year3.2%3.7%
GDP growth, 5-years average3.3%4.2%
Population7M6.8M
GDP per capita$9.3k$5.8k
GDP per capita growth3.84%2.35%
Purchasing Power Parity conversion factor0.72453.78
Price level ratio of PPP conversion factor GDP to market exchange rate0.420.43
GDP per capita, PPP adjusted$23k$13k
GNI, Atlas method$62.3B$39.4B
GNI per capita$8.9k$5.7k
GNI, PPP adjusted$156.6B$91.9B
GNI per capita, PPP adjusted$22k$13k

Financial system and Human development

StatBulgariaParaguay
Income Tax Rate10%10%
Corporate Tax Rate10%10%
Inflation, consumer prices2.6%4%
Inflation, GDP deflator3.6%2.1%
Unemployment5.3%4.7%
Economic Freedom Index70.263
Personal Freedom Index8.327.3
Human Freedom Index7.787.02
Property Rights Index64.244.7
Judical Effectiveness Index45.426.4
Business Freedom Index62.660.9
Fiscal Health Index99.298
Labor Freedom Index68.129
Investment Freedom Index7075
Financial Freedom Index6060
Trade Freedom Index86.475.4
Monetary Freedom Index85.772.5
Government Spending Index66.188.6
Tax Burden Index90.396.1
Government Integrity Index44.229.6
Corruption Perceptions Index4229
Life expectancy at birth, years74.874
Suicide mortality rate, per 100,000 people11.59.5
Mortality caused by road traffic injury, per 100,000 people10.222.7
Intentional homicides, per 100,000 people1.59.3
International tourism, number of arrivals9.3M1.2M

Government debt & reserves

StatBulgariaParaguay
Central government debt, % of GDP20.5%21.6%
External debt stocks, % of GNI60.3%39.9%
External debt stocks$39.9B$15.8B
Short-term debt, % of total reserves33.8%60%
Total debt service, % of exports and primary income15.3%15.7%
Adjusted net savings including particulate emission damage, % of GNI14.8%14.5%
Gross savings, % of GDP27.7%23.2%
Gross capital formation, % of GDP21.6%22.4%
Total reserves including gold$28.7B$7.7B
Foreign direct investment net inflows$1.2B$386.9M

Exports, imports and economic structure

StatBulgariaParaguay
Exports of goods and services, % of GDP66.9%36%
Imports of goods and services, % of GDP64.3%34.4%
Current account balance (balance of payments)$3.5B$8.6M
Revenue excluding grants, % of GDP32.8%17.4%
Grants excluding technical cooperation, BoP$391.7M$64.1M
Personal remittances received$2.4B$682.9M
Industry including construction value added, % of GDP23.8%33.9%
Agriculture, forestry and fishing value added, % of GDP3.6%10.4%
Charges for the use of intellectual property, payments BoP$209M$18.5M
Charges for the use of intellectual property, receipts BoP$88.8M$114.1M
Expense, % of GDP32.3%15.6%
Government Expenditure, % of GDP33.6%19.5%

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

Paraguay vs

CountryGDP
per capita
Population
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
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M