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Economy of Bulgaria vs Tajikistan compared: GDP & Debt

Updated on by Georank team

Bulgaria has a GDP of $113B compared to $14.2B for Tajikistan, ranking 67/197 and 145/197 by economy size, respectively.

Bulgaria has $27.3B in government debt (24.1% of GDP), compared to $3.54B (24.9% of GDP) in Tajikistan.

Bulgaria vs Tajikistan GDP by year

Bulgaria
Tajikistan
1x
Year GDP, current $
Bulgaria Tajikistan
2024 $113,343,355,780 $14,204,575,549
2023 $102,199,231,385 $12,244,169,293
2022 $90,506,153,294 $10,713,525,200
2021 $84,374,613,233 $8,937,805,347
2020 $70,486,877,546 $8,133,963,551
2019 $68,507,731,354 $8,300,813,599
2018 $66,097,226,262 $7,764,999,999
2017 $59,167,647,388 $7,536,402,853
2016 $53,929,397,039 $6,992,416,097
2015 $50,765,918,159 $8,271,431,485
2014 $57,080,897,012 $9,112,605,459
2013 $55,819,262,375 $8,448,411,318
2012 $54,297,052,002 $7,633,036,903
2011 $57,681,293,007 $6,522,756,255
2010 $50,689,051,382 $5,642,221,099
2009 $52,023,801,230 $4,979,472,364
2008 $54,480,684,188 $5,161,299,725
2007 $44,431,257,129 $3,719,524,541
2006 $34,380,536,496 $2,830,213,849
2005 $29,868,657,858 $2,312,352,021
2004 $26,157,743,369 $2,076,176,869
2003 $21,144,957,990 $1,555,318,261
2002 $16,403,043,850 $1,221,106,220
2001 $14,183,446,026 $1,080,772,551
2000 $13,245,990,274 $860,541,842
1999 $13,637,098,579 $1,086,612,290
1998 $15,031,055,047 $1,320,199,582
1997 $11,316,127,379 $921,518,033
1996 $12,294,964,838 $1,043,654,822
1995 $18,991,484,420 $1,231,561,860
1994 $9,709,240,034 $1,522,001,206
1993 $10,832,064,942 $1,646,623,195
1992 $8,602,887,623 $1,908,554,572
1991 $7,628,738,475 $2,536,585,366
1990 $20,632,090,909 $2,629,395,066
1989 $21,988,444,444 -
1988 $22,555,941,176 -
1987 $28,101,000,000 -
1986 $20,249,294,118 -
1985 $17,155,421,053 -
1984 $17,594,944,444 -
1983 $16,563,666,667 -
1982 $19,342,000,000 -
1981 $19,870,000,000 -
1980 $19,839,230,769 -

Data sources: World Bank | Economy & Growth (1980–2024, retrieved 2026-04-06).

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

GDP per capita in Bulgaria vs Tajikistan by year

Bulgaria
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bulgaria Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $17,596 $41,969 $1,341 $5,406
2023 $15,853 $38,829 $1,178 $4,964
2022 $13,999 $36,320 $1,052 $4,514
2021 $12,966 $30,959 $897 $3,986
2020 $10,760 $27,352 $834 $3,654
2019 $10,354 $26,766 $871 $3,460
2018 $9,849 $23,998 $834 $3,069
2017 $8,697 $22,317 $829 $3,017
2016 $7,822 $20,746 $789 $2,914
2015 $7,269 $18,896 $957 $2,975
2014 $8,070 $17,991 $1,082 $3,152
2013 $7,796 $16,894 $1,028 $2,919
2012 $7,432 $16,327 $952 $2,679
2011 $7,850 $15,747 $834 $2,456
2010 $6,854 $14,954 $737 $2,291
2009 $6,988 $14,188 $665 $2,171
2008 $7,271 $14,347 $703 $2,120
2007 $5,889 $12,822 $517 $1,966
2006 $4,523 $11,406 $401 $1,810
2005 $3,900 $10,291 $334 $1,673
2004 $3,390 $9,200 $306 $1,550
2003 $2,719 $8,416 $233.6 $1,396
2002 $2,093 $7,786 $187 $1,257
2001 $1,771 $6,960 $168.7 $1,139
2000 $1,621 $6,424 $136.9 $1,036
1999 $1,661 $5,808 $175 $947
1998 $1,820 $6,178 $213.7 $905
1997 $1,361 $5,751 $150.1 $855
1996 $1,470 $6,849 $172 $836
1995 $2,259 $7,743 $207 $1,006
1994 $1,150 $7,338 $261.3 $1,148
1993 $1,279 $7,032 $287.6 $1,454
1992 $1,007 $6,917 $338 $1,721
1991 $884 $7,215 $458 $2,417
1990 $2,367 $7,548 $487 $2,583
1989 $2,477 - - -
1988 $2,511 - - -
1987 $3,132 - - -
1986 $2,260 - - -
1985 $1,915 - - -
1984 $1,964 - - -
1983 $1,853 - - -
1982 $2,169 - - -
1981 $2,235 - - -
1980 $2,239 - - -

Data sources: World Bank | Economy & Growth (1980–2024, retrieved 2026-04-06).

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

Bulgaria's GDP per capita is $17,596, ranking 64/197, compared to $1,341 in Tajikistan, ranking 166/197. Adjusted for purchasing power (GDP per capita PPP), Bulgaria ranks 54th at $41,969, while Tajikistan ranks 157th at $5,406.

Economic indicators

Bulgaria Tajikistan
Gross domestic product
$113B
2024
$14.2B
2024
GDP rank
67/197
2024
145/197
2024
GDP growth
3.39%
2023-2024
8.4%
2023-2024
GDP per capita
$17,596
2024
$1,341
2024
GDP per capita rank
64/197
2024
166/197
2024
GDP per capita, PPP
$41,969
2024
$5,406
2024
GDP per capita PPP rank
54/197
2024
157/197
2024
Government debt
$27.3B
2024
$3.54B
2024
Debt-to-GDP ratio
24.1%
2024
24.9%
2024
Government debt per person
$4,237
2024
$335
2024
Government debt per person rank
90/185
2024
175/185
2024
Average annual personal income after taxes
$14,263
2026
$2,591
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
28.2%
2024
Income share by poorest 10%
2.1%
2023
2.9%
2024
Government expenditure, % of GDP
36.7%
2024
27.7%
2024
Consumer prices inflation
2.6%
2023-2024
3.5%
2023-2024
Central bank interest rate
1.81%
2025
7.75%
2025
Unemployment rate
4.17%
2024
0.08%
2016
Population
6359449
11038274

Spending and national debt comparison by year

Bulgaria
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Bulgaria Tajikistan
Government spending Government debt Government spending Government debt
2024 36.7% 24.1% 27.7% 24.9%
2023 37.4% 22.9% 28% 29.9%
2022 37.6% 22.5% 27.4% 31.8%
2021 38.4% 23.8% 27.6% 42%
2020 37.6% 22.7% 29.2% 50.9%
2019 36% 18.4% 28.8% 43.2%
2018 34.4% 20.1% 30.9% 46.3%
2017 32% 22.9% 33.8% 46.3%
2016 32.7% 27% 32.7% 42.2%
2015 37.3% 25.4% 31.9% 35%
2014 37.1% 26.3% 27.5% 27.9%
2013 35.5% 17.2% 27.7% 29.3%
2012 32.5% 16.5% 24.7% 32.5%
2011 32% 14.3% 24.3% 35.5%
2010 34.6% 14.1% 25.9% 36.8%
2009 33.8% 14.5% 23.6% 36.9%
2008 33.5% 14.7% 20.2% 30.2%
2007 33.1% 17.6% 20.3% 34.3%
2006 32.5% 22.6% 21.6% 36.8%
2005 34% 28.5% 22.9% 45.8%
2004 34.6% 37.8% 20.2% 49.4%
2003 35.8% 45.4% 19.1% 69.8%
2002 35.1% 53.4% 19.1% 98.3%
2001 36.5% 67.1% 17.3% 99.4%
2000 37.1% 73.3% 18.1% 111.4%
1999 36.2% 78.7% 17.5% 107.8%
1998 30.6% 67.3% 17.1% 96.6%
1997 32.9% 88.4% - -
1996 44% 113.8% - -
1995 45.4% 72% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1997, retrieved 2026-02-20).

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

In 2024, Bulgaria's government spending was $41.5B, accounting for 36.7% of its GDP, while Tajikistan spent $3.93B, or 27.7% of GDP.

Debt-to-GDP ratio is 24.1% in Bulgaria and 24.9% in Tajikistan, ranking 169/185 and 166/185, respectively.

Government deficit by year

Deficit/surplus
Bulgaria

Tajikistan
1x
Year Deficit/surplus, % of GDP
Bulgaria Tajikistan
2024 -3.04% 0.28%
2023 -3.03% -0.93%
2022 -0.8% -0.23%
2021 -2.8% -0.64%
2020 -2.92% -4.34%
2019 -0.96% -2.04%
2018 0.12% -2.69%
2017 0.82% -5.65%
2016 1.54% -2.91%
2015 -2.77% -1.96%
2014 -3.65% 0.92%
2013 -1.75% -0.73%
2012 -0.43% 0.41%
2011 -1.83% 0.6%
2010 -3.77% -2.71%
2009 -0.86% -0.2%
2008 2.73% 1.94%
2007 3.09% 2.13%
2006 3.22% 2%
2005 2.19% -2.83%
2004 1.59% -2.32%
2003 0.003% -1.74%
2002 -0.61% -2.4%
2001 -0.58% -2.11%
2000 -0.6% -4.51%
1999 0.15% -4.03%
1998 1.08% -5.09%
1997 0.83% -
1996 -10.1% -
1995 -7.98% -
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 (1998–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1997, retrieved 2026-02-20).

GeoRank.org/economy/bulgaria/tajikistan | 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 Tajikistan's surplus of $39.2M, or 0.28% of GDP.

Over the past 27 years, Bulgaria recorded a fiscal deficit in 16 of those years, while Tajikistan ran a deficit in 20 years. On average, Bulgaria posted an annual deficit equal to 0.51% of GDP, compared to deficit of 1.55% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Bulgaria

Tajikistan
1x
Year Consumer prices inflation
Bulgaria Tajikistan
2024 2.6% 3.5%
2023 8.6% 3.7%
2022 13% 6.6%
2021 2.8% 9%
2020 1.2% 8.6%
2019 2.5% 7.8%
2018 2.6% 3.8%
2017 1.2% 7.3%
2016 -1.3% 5.9%
2015 -1.1% 5.8%
2014 -1.6% 6.1%
2013 0.4% 5%
2012 2.4% 5.8%
2011 3.4% 12.4%
2010 3% 6.5%
2009 2.5% 6.4%
2008 12% 20.4%
2007 7.6% 13.2%
2006 7.4% 10%
2005 6% 7.3%
2004 6.1% 7.2%
2003 2.3% 16.4%
2002 5.8% 12.2%
2001 7.4% 38.6%
2000 10.3% 32.9%
1999 2.6% 27.5%
1998 18.7% 43.2%
1997 1,061% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Bulgaria has recorded an average annual inflation rate of 42.5%, compared with 15% in Tajikistan. In 2024, inflation was 2.6% in Bulgaria and 3.5% in Tajikistan.

Top exports between countries

Bulgaria
Export category Export value
Chemicals & pharma $1.4M
Machinery & equipment $737K
Textiles & consumer goods $291K
Processed food, beverages & tobacco $113K
Raw materials & minerals $5K
Tajikistan
Export category Export value
Machinery & equipment $22K

Balance of trade

Bulgaria Tajikistan
Current account balance
-$1.74B
2024
$887M
2024
Current account balance ranking
138/190
2024
54/190
2024
Current account balance, % of GDP
-1.54%
2024
+6.24%
2024
Goods imports
$52.8B
2024
$5.94B
2024
Goods exports
$47.3B
2024
$1.42B
2024
Service imports
$8.26B
2024
$971M
2024
Service exports
$16.6B
2024
$195M
2024
Imports of goods and services, % of GDP
53.9%
2024
48.4%
2023
Exports of goods and services, % of GDP
56.4%
2024
17.2%
2023

Economic freedom indices

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

Bulgaria Tajikistan
Economic freedom 68.9 52.5
Economic freedom ranking 44/197 147/197
Property rights 75.8 28.4
Government integrity 48.4 18.5
Judicial effectiveness 58.5 10.1
Tax burden 89.1 94.2
Government spending 58.4 77
Fiscal health 90.4 98.6
Business freedom 78.2 60.6
Labor freedom 62.4 43.4
Monetary freedom 75.8 72.6
Trade freedom 79.4 72.2
Investment freedom 60 25
Financial freedom 50 30

Economic freedom comparison by year

Bulgaria
Tajikistan
1x
Year Economic freedom index
Bulgaria Tajikistan
2026 68.9 52.5
2025 68.8 51.5
2024 68.5 51.3
2023 69.3 50.6
2022 71 49.7
2021 70.4 55.2
2020 70.2 52.2
2019 69 55.6
2018 68.3 58.3
2017 67.9 58.2
2016 65.9 51.3
2015 66.8 52.7
2014 65.7 52
2013 65 53.4
2012 64.7 53.4
2011 64.9 53.5
2010 62.3 53
2009 64.6 54.6
2008 63.7 54.4
2007 62.7 53.6
2006 64.1 52.6
2005 62.3 50.4
2004 59.2 48.7
2003 57 46.5
2002 57.1 47.3
2001 51.9 46.8
2000 47.3 44.8
1999 46.2 41.2
1998 45.7 41.1
1997 47.6 -
1996 48.6 -
1995 50 -

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

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

The Economic Freedom Index for Bulgaria is 68.9, ranking 44/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bulgaria Tajikistan
Services, % of GDP
63.8%
2024
34.7%
2023
Industry, % of GDP
21.1%
2024
33.6%
2023
Agriculture, forestry, and fishing, % of GDP
2.35%
2024
22.9%
2023
GNI, Atlas method
$99B
2024
$17.5B
2024
GNI per capita, PPP
$39,850
2024
$7,100
2024
Total reserves including gold
$43.7B
2024
$3.3B
2023
Total reserves ranking
47/177
2024
117/177
2023
Net foreign direct investment
-$2.22B
2024
-$190M
2024
Net inflows of foreign direct investment
$3.55B
2024
$291M
2024
Net outflows of foreign direct investment
$1.13B
2024
$101M
2024
Servicing debt to the IMF, % of GNI
6.8%
2024
3.07%
2024
Poverty at national poverty lines
21.7%
2023
19.8%
2024
Gross capital formation, % of GDP
20.4%
2024
31.7%
2023

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/tajikistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1980–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1924–1997, retrieved 2026-02-20)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2022–2024, 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.