Bulgaria vs Romania: Economic Indicators Comparison

Romania with a GDP of $239.6B ranked the 49th largest economy in the world, while Bulgaria ranked 74th with $65.1B. By GDP 5-years average growth and GDP per capita, Romania and Bulgaria ranked 42nd vs 75th and 64th vs 79th, respectively.

Gross Domestic Product & Income

StatBulgariaRomania
GDP$65.1B$239.6B
GDP growth, 1 year3.2%4.1%
GDP growth, 5-years average3.3%4.6%
Population7M19.6M
GDP per capita$9.3k$12k
GDP per capita growth3.84%4.56%
Purchasing Power Parity conversion factor0.71.72
Price level ratio of PPP conversion factor GDP to market exchange rate0.420.44
GDP per capita, PPP adjusted$23k$26k
GNI, Atlas method$62.3B$219.9B
GNI per capita$8.9k$11k
GNI, PPP adjusted$156.6B$535.9B
GNI per capita, PPP adjusted$22k$28k

Financial system and Human development

StatBulgariaRomania
Income Tax Rate10%10%
Corporate Tax Rate10%16%
Inflation, consumer prices2.6%4.6%
Inflation, GDP deflator3.6%5.9%
Unemployment5.3%4.3%
Economic Freedom Index70.269.7
Personal Freedom Index8.328.74
Human Freedom Index7.788
Property Rights Index64.272.5
Judical Effectiveness Index45.456.1
Business Freedom Index62.658.6
Fiscal Health Index99.285.6
Labor Freedom Index68.163
Investment Freedom Index7070
Financial Freedom Index6050
Trade Freedom Index86.486.4
Monetary Freedom Index85.778.1
Government Spending Index66.170.4
Tax Burden Index90.390.3
Government Integrity Index44.255.1
Corruption Perceptions Index4247
Life expectancy at birth, years74.875.3
Suicide mortality rate, per 100,000 people11.510.4
Mortality caused by road traffic injury, per 100,000 people10.210.3
Intentional homicides, per 100,000 people1.51.5
International tourism, number of arrivals9.3M11.7M

Government debt & reserves

StatBulgariaRomania
Central government debt, % of GDP20.5%36.6%
External debt stocks, % of GNI60.3%48%
External debt stocks$39.9B$112.1B
Short-term debt, % of total reserves33.8%37.7%
Total debt service, % of exports and primary income15.3%20.8%
Adjusted net savings including particulate emission damage, % of GNI14.8%3.4%
Gross savings, % of GDP27.7%19.7%
Gross capital formation, % of GDP21.6%24.2%
Total reserves including gold$28.7B$42.1B
Foreign direct investment net inflows$1.2B$7.3B

Exports, imports and economic structure

StatBulgariaRomania
Exports of goods and services, % of GDP66.9%41.6%
Imports of goods and services, % of GDP64.3%44.9%
Current account balance (balance of payments)$3.5B-$10.9B
Revenue excluding grants, % of GDP32.8%28.6%
Grants excluding technical cooperation, BoP$391.7M$736M
Personal remittances received$2.4B$7B
Industry including construction value added, % of GDP23.8%29%
Agriculture, forestry and fishing value added, % of GDP3.6%4.3%
Charges for the use of intellectual property, payments BoP$209M$962.4M
Charges for the use of intellectual property, receipts BoP$88.8M$100.8M
Expense, % of GDP32.3%31.6%
Government Expenditure, % of GDP33.6%31.4%

Compare with countries close by GDP per capita

Bulgaria vs

CountryGDP
per capita
Population
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
South Africa
$6.4k
57.7M

Romania vs

CountryGDP
per capita
Population
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
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