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Economy of Bulgaria vs Tanzania compared: GDP & Debt

Updated on by Georank

Bulgaria has a GDP of $131B compared to $90.1B for Tanzania, ranking 63/197 and 83/197 by economy size, respectively.

Bulgaria has $35.4B in government debt (27.1% of GDP), compared to $44.8B (49.7% of GDP) in Tanzania.

Bulgaria vs Tanzania GDP by year

Bulgaria
Tanzania
1x
Year GDP, current $
Bulgaria Tanzania
2025 $130,777,235,530 $90,143,496,090
2024 $113,349,149,167 $79,235,713,445
2023 $102,204,457,335 $79,030,935,638
2022 $90,510,784,778 $75,749,121,847
2021 $84,378,926,047 $70,655,628,148
2020 $70,490,478,088 $66,068,737,786
2019 $68,511,235,459 $61,026,731,926
2018 $66,100,606,677 $57,003,712,892
2017 $59,170,671,046 $53,274,884,533
2016 $53,932,152,154 $49,774,409,374
2015 $50,768,512,173 $47,413,919,817
2014 $57,083,817,240 $49,986,726,461
2013 $55,822,115,861 $45,648,857,242
2012 $54,299,825,600 $39,650,394,363
2011 $57,684,243,980 $34,657,140,096
2010 $50,691,645,231 $32,012,892,919
2009 $52,026,461,290 $29,400,573,554
2008 $54,483,464,293 $27,947,821,398
2007 $44,433,521,725 $21,860,434,823
2006 $34,382,295,487 $18,619,859,795
2005 $29,870,182,425 $18,395,383,647
2004 $26,159,078,743 $16,673,062,473
2003 $21,146,038,619 $15,211,487,709
2002 $16,403,880,783 $14,129,651,896
2001 $14,184,170,319 $13,563,990,022
2000 $13,246,669,554 $13,371,767,082
1999 $13,637,793,854 $12,704,334,196
1998 $15,031,821,788 $12,172,790,056
1997 $11,316,706,412 $11,158,197,942
1996 $12,295,588,924 $9,433,528,150
1995 $18,992,388,645 $7,631,431,840
1994 $9,709,230,161 $6,550,480,484
1993 $10,832,041,595 $6,182,872,708
1992 $8,602,874,120 $6,681,997,469
1991 $7,628,764,750 $7,197,768,159
1990 $20,726,605,649 $6,184,384,225
1989 $21,746,286,447 $6,418,799,007
1988 $23,003,003,708 $7,406,614,407
1987 $28,428,718,531 $7,824,193,222
1986 $20,261,546,635 $10,840,864,521
1985 $17,562,270,447 $15,328,295,175
1984 $17,410,894,971 $12,906,635,133
1983 $16,959,180,922 $14,049,883,809
1982 $19,803,624,625 $13,927,383,240
1981 $20,055,685,481 $13,161,540,378
1980 $20,039,544,133 $11,409,228,087
1979 - $9,804,637,491
1978 - $9,261,675,710
1977 - $7,732,598,995
1976 - $6,472,511,988
1975 - $5,729,917,840
1974 - $4,977,337,978
1973 - $4,144,104,535
1972 - $3,472,787,266
1971 - $3,050,673,517
1970 - $2,851,419,386
1969 - $5,142,066,811
1968 - $4,895,251,824
1967 - $4,565,132,048
1966 - $4,377,998,825
1965 - $3,817,226,546
1964 - $3,748,840,925
1963 - $3,456,579,293
1962 - $3,101,589,993
1961 - $2,826,179,031
1960 - $2,651,729,807

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

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

GDP per capita in Bulgaria vs Tanzania by year

Bulgaria
GDP per capita

GDP per capita, PPP
Tanzania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bulgaria Tanzania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $20,328 - $1,278 -
2024 $17,597 $41,969 $1,156 $4,221
2023 $15,854 $38,829 $1,186 $4,019
2022 $14,000 $36,320 $1,171 $3,800
2021 $12,967 $30,959 $1,125 $3,493
2020 $10,761 $27,352 $1,084 $3,291
2019 $10,354 $26,766 $1,031 $2,982
2018 $9,850 $23,998 $992 $2,728
2017 $8,697 $22,317 $957 $2,472
2016 $7,823 $20,746 $925 $2,435
2015 $7,269 $18,896 $911 $2,317
2014 $8,070 $17,991 $993 $2,221
2013 $7,796 $16,894 $935 $2,176
2012 $7,432 $16,327 $837 $2,083
2011 $7,850 $15,747 $753 $2,211
2010 $6,854 $14,954 $715 $2,069
2009 $6,989 $14,188 $674 $1,972
2008 $7,272 $14,347 $657 $1,908
2007 $5,889 $12,822 $528 $1,820
2006 $4,523 $11,406 $462 $1,707
2005 $3,900 $10,291 $469 $1,598
2004 $3,390 $9,200 $438 $1,482
2003 $2,720 $8,416 $410 $1,379
2002 $2,093 $7,786 $391 $1,302
2001 $1,771 $6,960 $385 $1,229
2000 $1,621 $6,424 $390 $1,164
1999 $1,661 $5,808 $382 $1,120
1998 $1,821 $6,178 $375 $1,082
1997 $1,361 $5,751 $353 $1,059
1996 $1,470 $6,849 $305 $1,026
1995 $2,259 $7,743 $251.2 $981
1994 $1,150 $7,338 $222.5 $958
1993 $1,279 $7,032 $218.2 $959
1992 $1,007 $6,917 $243.4 $955
1991 $884 $7,215 $268.8 $952
1990 $2,377 $7,548 $236.9 $925
1989 $2,450 - $252.3 -
1988 $2,561 - $299 -
1987 $3,169 - $326 -
1986 $2,262 - $466 -
1985 $1,960 - $681 -
1984 $1,943 - $593 -
1983 $1,897 - $667 -
1982 $2,221 - $683 -
1981 $2,256 - $665 -
1980 $2,261 - $595 -
1979 - - $527 -
1978 - - $515 -
1977 - - $446 -
1976 - - $387 -
1975 - - $355 -
1974 - - $320 -
1973 - - $276.1 -
1972 - - $239.8 -
1971 - - $218.4 -
1970 - - $211.3 -
1969 - - $394 -
1968 - - $388 -
1967 - - $374 -
1966 - - $370 -
1965 - - $333 -
1964 - - $337 -
1963 - - $320 -
1962 - - $295.7 -
1961 - - $277.4 -
1960 - - $267.8 -

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

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

Bulgaria's GDP per capita is $20,328, ranking 58/197, compared to $1,278 in Tanzania, ranking 171/197. Adjusted for purchasing power (GDP per capita PPP), Bulgaria ranks 54th at $41,969, while Tanzania ranks 165th at $4,221.

Economic indicators

Bulgaria Tanzania
Gross domestic product
$131B
2025
$90.1B
2025
GDP rank
63/197
2025
83/197
2025
GDP growth
3.1%
2024-2025
5.85%
2024-2025
GDP per capita
$20,328
2025
$1,278
2025
GDP per capita rank
58/197
2025
171/197
2025
GDP per capita, PPP
$41,969
2024
$4,221
2024
GDP per capita PPP rank
54/197
2024
165/197
2024
Government debt
$35.4B
2025
$44.8B
2025
Debt-to-GDP ratio
27.1%
2025
49.7%
2025
Government debt per person
$5,507
2025
$635
2025
Government debt per person rank
79/185
2025
159/185
2025
Average annual personal income after taxes
$16,126
2026
$1,203
2026
Market capitalization of domestic companies
$11.2B
2025
$9.78B
2025
Number of billionaires
2
2026
1
2026
Income share by richest 10%
31.1%
2023
33.1%
2018
Income share by poorest 10%
2.1%
2023
2.9%
2018
Government expenditure, % of GDP
38.9%
2025
19.9%
2025
Consumer prices inflation
3.5%
2024-2025
3.33%
2024-2025
Central bank interest rate
1.81%
2025
5.75%
2025
Unemployment rate
3.5%
2025
2.43%
2024
Population
6390149
73639263

Spending and national debt comparison by year

Bulgaria
Spending

Debt
Tanzania
Spending

Debt
1x
Year % of GDP
Bulgaria Tanzania
Government spending Government debt Government spending Government debt
2025 38.9% 27.1% 19.9% 49.7%
2024 36.3% 23.8% 19.1% 49.9%
2023 37.5% 22.9% 19% 47.8%
2022 37.6% 22.5% 19.1% 44.9%
2021 38.5% 23.9% 18.4% 43.4%
2020 37.7% 22.7% 17.4% 41.3%
2019 36.1% 18.4% 17.3% 40.4%
2018 34.4% 20.1% 17.3% 42%
2017 32% 22.9% 16.4% 40.1%
2016 32.7% 27% 16.9% 39.8%
2015 37.3% 25.4% 17.2% 39.5%
2014 37.1% 26.3% 17.3% 36.4%
2013 35.5% 17.2% 18.8% 32.7%
2012 32.5% 16.5% 19.6% 30%
2011 32% 14.3% 19% 28.4%
2010 34.6% 14.1% 19.8% 27.6%
2009 33.8% 14.5% 19.6% 23.9%
2008 33.5% 14.7% 18.1% 21.6%
2007 33.1% 17.6% 17.8% 23.8%
2006 32.5% 22.6% 17.6% 17.4%
2005 34% 28.5% 18.3% 25.4%
2004 34.6% 37.8% 17% 44.5%
2003 35.8% 45.4% 15.4% 44.4%
2002 35.1% 53.4% 13.6% 47.4%
2001 36.5% 67.1% 12.4% 50.8%
2000 37.1% 73.3% 12.3% 55.4%
1999 36.2% 78.7% 12.8% 62.9%
1998 30.6% 67.3% 11.4% 62.2%
1997 32.9% 88.4% 12.8% 73.4%
1996 44% 113.8% 13.4% 89.6%
1995 45.4% 72% 15.6% 111.1%
1994 - - 16.8% 126%
1993 - - 16.4% 129.2%
1992 - - 17.6% 117.6%
1991 - - 14.2% 106.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1991–2000, retrieved 2026-07-08).

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

In 2025, Bulgaria's government spending was $50.8B, accounting for 38.9% of its GDP, while Tanzania spent $18B, or 19.9% of GDP.

Debt-to-GDP ratio is 27.1% in Bulgaria and 49.7% in Tanzania, ranking 164/185 and 105/185, respectively.

Government deficit by year

Deficit/surplus
Bulgaria

Tanzania
1x
Year Deficit/surplus, % of GDP
Bulgaria Tanzania
2025 -3.01% -3.04%
2024 -3.01% -3.03%
2023 -3.04% -3.67%
2022 -0.8% -3.92%
2021 -2.8% -3.55%
2020 -2.92% -2.56%
2019 -0.96% -2.06%
2018 0.12% -2.01%
2017 0.82% -1.14%
2016 1.54% -2.08%
2015 -2.77% -3.17%
2014 -3.65% -2.91%
2013 -1.75% -3.76%
2012 -0.43% -4%
2011 -1.83% -3.51%
2010 -3.77% -4.74%
2009 -0.86% -4.46%
2008 2.73% -1.92%
2007 3.09% -1.44%
2006 3.22% -3.38%
2005 2.19% -3.28%
2004 1.59% -2.43%
2003 0.003% -1.77%
2002 -0.61% -0.73%
2001 -0.58% -0.41%
2000 -0.6% -0.73%
1999 0.15% -1.14%
1998 1.08% 0.13%
1997 0.83% -0.03%
1996 -10.1% 1.57%
1995 -7.98% -2.12%
1994 - -3.74%
1993 - -2.02%
1992 - -4.96%
1991 - 0.6%
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 (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1997, retrieved 2026-07-08).

GeoRank.org/economy/bulgaria/tanzania | 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 Tanzania's deficit of $2.74B, or 3.04% of GDP.

Over the past 31 years, Bulgaria recorded a fiscal deficit in 19 of those years, while Tanzania ran a deficit in 29 years. On average, Bulgaria posted an annual deficit equal to 1.1% of GDP, compared to deficit of 2.3% of GDP for Tanzania.

Inflation comparison by year

Inflation
Bulgaria

Tanzania
1x
Year Consumer prices inflation
Bulgaria Tanzania
2025 3.5% 3.33%
2024 2.6% 3.06%
2023 8.6% 3.8%
2022 13% 4.35%
2021 2.8% 3.69%
2020 1.2% 3.29%
2019 2.5% 3.46%
2018 2.6% 3.49%
2017 1.2% 5.32%
2016 -1.3% 5.17%
2015 -1.1% 5.59%
2014 -1.6% 6.13%
2013 0.4% 7.87%
2012 2.4% 16%
2011 3.4% 12.7%
2010 3% 6.2%
2009 2.5% 12.1%
2008 12% 10.3%
2007 7.6% 7.03%
2006 7.4% 7.25%
2005 6% 5.03%
2004 6.1% 4.74%
2003 2.3% 5.3%
2002 5.8% 5.32%
2001 7.4% 5.15%
2000 10.3% 5.92%
1999 2.6% 7.89%
1998 18.7% 12.8%
1997 1,061% 16.1%

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/tanzania | CC BY

Over the past 29 years, Bulgaria has recorded an average annual inflation rate of 41.1%, compared with 6.84% in Tanzania. In 2025, inflation was 3.5% in Bulgaria and 3.33% in Tanzania.

Top exports between countries

Bulgaria
Export category Export value
Raw materials & minerals $4.12M
Machinery & equipment $3.59M
Weapons & explosives $1.91M
Textiles & consumer goods $1.03M
Processed food, beverages & tobacco $608K
Raw agricultural goods $340K
Chemicals & pharma $295K
Miscellaneous $95K
Metals $34K
Precious metals & jewellery $13K
Tanzania
Export category Export value
Raw materials & minerals $6.04M
Processed food, beverages & tobacco $2.38M
Raw agricultural goods $685K
Textiles & consumer goods $281K
Machinery & equipment $28K
Animal & marine products $5K
Chemicals & pharma $3K
Precious metals & jewellery $3K

Balance of trade

Bulgaria Tanzania
Current account balance
-$7.64B
2025
-$2.38B
2024
Current account balance ranking
170/190
2025
144/190
2024
Current account balance, % of GDP
-5.84%
2025
-3%
2024
Goods imports
$58.5B
2025
$14.2B
2024
Goods exports
$47.9B
2025
$9.12B
2024
Service imports
$9.42B
2025
$2.8B
2024
Service exports
$18.6B
2025
$6.85B
2024
Imports of goods and services, % of GDP
51.8%
2025
20%
2025
Exports of goods and services, % of GDP
50.7%
2025
19%
2025

Economic freedom indices

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

Bulgaria Tanzania
Economic freedom 68.9 59
Economic freedom ranking 44/197 106/197
Property rights 75.8 45.2
Government integrity 48.4 40.9
Judicial effectiveness 58.5 29.6
Tax burden 89.1 80.4
Government spending 58.4 89.1
Fiscal health 90.4 75
Business freedom 78.2 48.1
Labor freedom 62.4 62.3
Monetary freedom 75.8 73.4
Trade freedom 79.4 58.8
Investment freedom 60 55
Financial freedom 50 50

Economic freedom comparison by year

Bulgaria
Tanzania
1x
Year Economic freedom index
Bulgaria Tanzania
2026 68.9 59
2025 68.8 59.3
2024 68.5 59.1
2023 69.3 60
2022 71 59.5
2021 70.4 61.3
2020 70.2 61.7
2019 69 60.2
2018 68.3 59.9
2017 67.9 58.6
2016 65.9 58.5
2015 66.8 57.5
2014 65.7 57.8
2013 65 57.9
2012 64.7 57
2011 64.9 57
2010 62.3 58.3
2009 64.6 58.3
2008 63.7 56.5
2007 62.7 56.8
2006 64.1 58.5
2005 62.3 56.3
2004 59.2 60.1
2003 57 56.9
2002 57.1 58.3
2001 51.9 54.9
2000 47.3 56
1999 46.2 60
1998 45.7 59.6
1997 47.6 59.3
1996 48.6 57.5
1995 50 57.3

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

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

The Economic Freedom Index for Bulgaria is 68.9, ranking 44/197, compared to 59 for Tanzania, ranking 106/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bulgaria Tanzania
Services, % of GDP
63.3%
2025
28.8%
2025
Industry, % of GDP
21.2%
2025
29.8%
2025
Agriculture, forestry, and fishing, % of GDP
2.47%
2025
22.9%
2025
GNI, Atlas method
$114B
2025
$87B
2025
GNI per capita, PPP
$42,170
2025
$4,370
2025
Total reserves including gold
$47.1B
2025
$5.05B
2018
Total reserves ranking
51/177
2025
106/177
2018
Net foreign direct investment
-$3.37B
2025
-$1.72B
2024
Net inflows of foreign direct investment
$3.05B
2024
$1.72B
2024
Net outflows of foreign direct investment
$1.21B
2024
$0
2024
Servicing debt to the IMF, % of GNI
6.8%
2024
2.56%
2024
Poverty at national poverty lines
21.7%
2023
26.4%
2018
Gross capital formation, % of GDP
21.7%
2025
40.7%
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/tanzania | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, 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 (1924–2000, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2023–2025, 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.