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Economy of Burundi vs Finland compared: GDP & Debt

Updated on by Georank team

Burundi has a GDP of $3.08B compared to $299B for Finland, ranking 169/197 and 47/197 by economy size, respectively.

Burundi has $1.6B in government debt (52% of GDP), compared to $245B (82.1% of GDP) in Finland.

Burundi vs Finland GDP by year

Burundi
Finland
1x
Year GDP, current $
Burundi Finland
2024 $3,082,433,067 $298,696,961,298
2023 $3,430,949,250 $295,021,982,463
2022 $4,036,192,553 $280,253,099,309
2021 $3,435,598,073 $294,223,210,496
2020 $3,227,847,281 $270,000,311,606
2019 $2,871,555,326 $267,014,821,129
2018 $2,913,411,408 $273,869,255,596
2017 $2,831,362,208 $253,846,138,440
2016 $2,618,093,125 $238,777,818,793
2015 $2,810,532,912 $233,210,733,506
2014 $2,705,826,648 $273,478,528,955
2013 $2,451,624,638 $270,268,036,626
2012 $2,327,402,363 $257,443,384,493
2011 $2,235,812,880 $275,126,915,516
2010 $2,032,135,192 $249,429,613,683
2009 $1,775,495,032 $253,480,783,439
2008 $1,611,835,857 $285,698,662,071
2007 $1,356,199,387 $256,360,251,538
2006 $1,273,375,078 $217,044,068,234
2005 $1,117,113,080 $204,859,368,791
2004 $915,257,323 $197,458,297,640
2003 $784,654,424 $171,612,867,736
2002 $825,394,519 $140,360,963,812
2001 $876,794,723 $129,519,672,869
2000 $870,486,066 $125,967,821,111
1999 $808,077,223 $135,234,241,918
1998 $893,770,740 $133,990,876,725
1997 $972,896,268 $126,862,902,302
1996 $869,033,856 $131,991,975,149
1995 $1,000,428,394 $134,060,457,516
1994 $925,030,590 $103,182,697,780
1993 $938,632,612 $89,112,105,756
1992 $1,083,037,671 $112,537,828,511
1991 $1,167,398,478 $127,794,441,994
1990 $1,132,101,253 $141,446,120,355
1989 $1,113,924,130 $118,991,270,611
1988 $1,082,403,219 $109,039,090,263
1987 $1,131,466,494 $91,564,993,913
1986 $1,201,725,497 $73,511,611,541
1985 $1,149,979,286 $55,856,676,899
1984 $987,143,931 $52,870,993,273
1983 $1,082,926,304 $50,956,447,481
1982 $1,013,222,222 $52,784,013,815
1981 $969,046,667 $52,440,066,134
1980 $919,726,667 $53,649,984,061
1979 $782,496,667 $44,469,218,440
1978 $610,225,556 $36,259,392,058
1977 $547,535,556 $33,502,784,418
1976 $448,412,754 $31,852,352,670
1975 $420,986,667 $29,475,251,333
1974 $345,263,492 $24,851,036,710
1973 $304,339,524 $19,474,098,335
1972 $246,804,571 $14,744,499,570
1971 $252,842,286 $12,528,522,307
1970 $242,732,571 $11,358,529,162
1969 $190,205,714 $10,177,524,839
1968 $183,200,000 $8,916,565,041
1967 $178,297,143 $9,468,272,357
1966 $165,444,571 $9,306,142,172
1965 $158,994,963 $8,680,393,839
1964 $260,750,008 $7,848,987,793
1963 $232,749,998 $6,958,916,548
1962 $213,500,006 $6,407,796,043
1961 $202,999,992 $5,984,433,774
1960 $195,999,990 $5,279,481,824

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/burundi/finland | CC BY

GDP per capita in Burundi vs Finland by year

Burundi
GDP per capita

GDP per capita, PPP
Finland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Burundi Finland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $219.4 $1,195 $53,150 $65,378
2023 $250.6 $1,150 $52,834 $63,415
2022 $303 $1,105 $50,441 $62,133
2021 $265 $1,036 $53,099 $56,790
2020 $255.8 $958 $48,829 $53,297
2019 $234.3 $868 $48,358 $52,276
2018 $245.7 $823 $49,654 $49,249
2017 $246.1 $791 $46,085 $47,235
2016 $232.9 $764 $43,451 $44,562
2015 $254.4 $722 $42,560 $42,258
2014 $250.5 $724 $50,074 $41,547
2013 $234.8 $687 $49,691 $41,326
2012 $231.1 $637 $47,552 $40,739
2011 $230.1 $629 $51,060 $40,846
2010 $216.7 $614 $46,506 $38,946
2009 $198.4 $605 $47,478 $37,988
2008 $189.5 $609 $53,769 $40,081
2007 $166.2 $594 $48,473 $37,843
2006 $161.9 $580 $41,214 $34,440
2005 $147.2 $553 $39,050 $32,048
2004 $125.2 $552 $37,768 $31,195
2003 $111.4 $532 $32,920 $29,043
2002 $121 $545 $26,989 $28,596
2001 $132.2 $528 $24,965 $27,798
2000 $134.5 $519 $24,336 $26,783
1999 $127.5 $523 $26,180 $24,762
1998 $144.5 $533 $26,000 $23,570
1997 $160.3 $513 $24,682 $21,787
1996 $143.2 $513 $25,757 $20,067
1995 $164.9 $548 $26,246 $19,568
1994 $161.9 $619 $20,278 $18,458
1993 $165.3 $634 $17,589 $17,458
1992 $184.9 $640 $22,320 $17,271
1991 $204.7 $636 $25,489 $17,563
1990 $202.6 $598 $28,366 $18,149
1989 $203.6 - $23,969 -
1988 $201.7 - $22,044 -
1987 $215.6 - $18,565 -
1986 $234.3 - $14,947 -
1985 $228.4 - $11,394 -
1984 $200.4 - $10,830 -
1983 $225.2 - $10,494 -
1982 $216.4 - $10,935 -
1981 $212.2 - $10,925 -
1980 $209.8 - $11,225 -
1979 $186.2 - $9,333 -
1978 $148.8 - $7,629 -
1977 $137.4 - $7,070 -
1976 $115.5 - $6,740 -
1975 $110.9 - $6,256 -
1974 $93.2 - $5,298 -
1973 $84.3 - $4,174 -
1972 $68.2 - $3,178 -
1971 $69.9 - $2,716 -
1970 $68.8 - $2,466 -
1969 $55.1 - $2,201 -
1968 $54.2 - $1,927 -
1967 $54 - $2,056 -
1966 $51.4 - $2,032 -
1965 $50.6 - $1,902 -
1964 $85.3 - $1,726 -
1963 $78.4 - $1,538 -
1962 $73.4 - $1,427 -
1961 $71.6 - $1,341 -
1960 $70.9 - $1,192 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/burundi/finland | CC BY

Burundi's GDP per capita is $219.4, ranking 197/197, compared to $53,150 in Finland, ranking 23/197. Adjusted for purchasing power (GDP per capita PPP), Burundi ranks 196th at $1,195, while Finland ranks 27th at $65,378.

Economic indicators

Burundi Finland
Gross domestic product
$3.08B
2024
$299B
2024
GDP rank
169/197
2024
47/197
2024
GDP growth
4.11%
2023-2024
0.42%
2023-2024
GDP per capita
$219.4
2024
$53,150
2024
GDP per capita rank
197/197
2024
23/197
2024
GDP per capita, PPP
$1,195
2024
$65,378
2024
GDP per capita PPP rank
196/197
2024
27/197
2024
Government debt
$1.6B
2024
$245B
2024
Debt-to-GDP ratio
52%
2024
82.1%
2024
Government debt per person
$114.1
2024
$43,662
2024
Government debt per person rank
184/185
2024
12/185
2024
Average annual personal income after taxes
$1,228
2026
$36,394
2026
Market capitalization of domestic companies n/a
$20.3B
2004
Number of billionaires n/a
7
2025
Income share by richest 10%
29.9%
2020
22.5%
2023
Income share by poorest 10%
2.9%
2020
3.7%
2023
Government expenditure, % of GDP
22.3%
2024
57.7%
2024
Consumer prices inflation
20.2%
2023-2024
1.57%
2023-2024
Unemployment rate
1.03%
2020
8.34%
2024
Population
14833763
5631965

Spending and national debt comparison by year

Burundi
Spending

Debt
Finland
Spending

Debt
1x
Year % of GDP
Burundi Finland
Government spending Government debt Government spending Government debt
2024 22.3% 52% 57.7% 82.1%
2023 28.4% 58.1% 55.9% 77.5%
2022 33.5% 68.5% 52.6% 74%
2021 28.4% 66.5% 55.2% 73.2%
2020 29.2% 65.9% 56.5% 75.3%
2019 28.8% 60.1% 52.6% 65.3%
2018 26% 53% 52.7% 65.3%
2017 24.1% 46.9% 52.8% 66.6%
2016 22.6% 46.1% 55.1% 68.6%
2015 23.2% 39.9% 55.7% 68.8%
2014 28.5% 38% 57.6% 64.8%
2013 34.8% 37.9% 57.1% 60.8%
2012 37.5% 41.4% 55.7% 57.9%
2011 42.2% 42.7% 53.8% 52%
2010 40.8% 46.9% 54% 50.1%
2009 38% 25.7% 54.1% 41.5%
2008 41.2% 102.5% 47.9% 32.6%
2007 39% 129.6% 46.7% 33.9%
2006 36.5% 130.3% 48.3% 38%
2005 33.1% 137% 49.2% 39.9%
2004 39.2% 166.1% 48.2% 42.6%
2003 33.9% 159.9% 48.3% 42.7%
2002 21.9% 144.8% 47.5% 40.1%
2001 22.7% 113.6% 46.2% 40.9%
2000 21.7% 120% 46.9% 42.4%
1999 20.5% 140.6% 49.9% 44%
1998 19.9% 138.9% 51.3% 46.8%
1997 18.8% 122.8% 54.9% 52.2%
1996 24.4% 139.4% 58.5% 55.4%
1995 22.1% 117.1% 60% 55.2%
1994 19.4% 119.6% 62.2% 56.2%
1993 24% 112% 63.7% 54.2%
1992 26.1% 93.5% 60.8% 39.3%
1991 19.2% - 55.8% 21.9%
1990 17.4% - 47.1% 13.9%
1989 - - 44.4% 14.3%
1988 - - 46.4% 16.5%
1987 - - 47.8% 17.6%
1986 - - 46.9% 16.4%
1985 - - 46.3% 15.8%
1984 - - 44.4% 15.2%
1983 - - 44.4% 15.4%
1982 - - 42.7% 13.9%
1981 - - 41% 11.5%
1980 - - 40.1% 10.9%
1979 - - 40.3% 11%
1978 - - 41.3% 10.7%
1977 - - 41.7% 8.22%
1976 - - 39.8% 7.09%
1975 - - 38.6% 6.76%
1974 - - 22.9% 2.97%
1973 - - 21.8% 4.42%
1972 - - 20.4% 6.46%
1971 - - 22.8% 7.94%
1970 - - 21.9% 9.19%
1969 - - 22.2% 10.8%
1968 - - 25.5% 13.9%
1967 - - 23.5% 14.2%
1966 - - 23.3% 13.7%
1965 - - 23.2% 13%
1964 - - 22.8% 12.5%
1963 - - 21.6% 12.2%
1962 - - 23.9% 10.3%
1961 - - 22.7% 9.12%
1960 - - 22.5% 9.96%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

GeoRank.org/economy/burundi/finland | CC BY

In 2024, Burundi's government spending was $689M, accounting for 22.3% of its GDP, while Finland spent $172B, or 57.7% of GDP.

Debt-to-GDP ratio is 52% in Burundi and 82.1% in Finland, ranking 101/185 and 42/185, respectively.

Government deficit by year

Deficit/surplus
Burundi

Finland
1x
Year Deficit/surplus, % of GDP
Burundi Finland
2024 -4.84% -4.41%
2023 -7.7% -2.98%
2022 -10.7% -0.18%
2021 -4.6% -2.69%
2020 -6.58% -5.53%
2019 -6.4% -0.93%
2018 -6.66% -0.87%
2017 -5.01% -0.63%
2016 -7.11% -1.7%
2015 -7.56% -2.43%
2014 -3.93% -2.99%
2013 -1.9% -2.52%
2012 -3.79% -2.15%
2011 -3.49% -1.01%
2010 -3.64% -2.57%
2009 -5.14% -2.48%
2008 -2.7% 4.18%
2007 -2.51% 5.12%
2006 -9.92% 3.93%
2005 -10.6% 2.59%
2004 -14.9% 2.16%
2003 -13.7% 2.34%
2002 -4.9% 3.97%
2001 -7.78% 4.89%
2000 -5.66% 6.73%
1999 -5.33% 1.6%
1998 -4.43% 1.54%
1997 -4.48% -1.33%
1996 -8.61% -3.37%
1995 -3.72% -5.98%
1994 -1.76% -6.41%
1993 -1.22% -8.09%
1992 -4.16% -4.88%
1991 4.14% 0.3%
1990 8.14% 6.63%
1989 - 6.73%
1988 - 5.09%
1987 - 1.63%
1986 - 3.83%
1985 - 3.33%
1984 - 3.23%
1983 - 1.52%
1982 - 3.06%
1981 - 5.11%
1980 - 3.7%
1979 - 3.41%
1978 - 3.83%
1977 - 6.27%
1976 - 7.65%
1975 - 4.96%
1974 - -0.03%
1973 - 1.48%
1972 - -0.18%
1971 - 0.15%
1970 - 1.06%
1969 - 0.94%
1968 - -1.69%
1967 - -0.26%
1966 - -1.08%
1965 - -1.67%
1964 - -1.35%
1963 - -2.5%
1962 - -2.37%
1961 - -3.03%
1960 - -0.52%
1959 - -0.12%
1958 - -1.73%
1957 - 0.08%
1956 - -1.14%
1955 - -1%
1954 - -0.17%
1953 - 0.02%
1952 - -1.24%
1951 - 1.1%
1950 - -0.26%
1949 - -2.77%
1948 - 1.88%
1947 - -5.99%
1946 - -15.3%
1945 - -6.35%
1944 - -21.5%
1943 - -14.2%
1942 - -16.4%
1941 - -35.8%
1940 - -36.9%
1939 - -9.76%
1938 - -1.48%
1937 - -4.44%
1936 - -3.75%
1935 - -3.81%
1934 - -2.81%
1933 - -1.63%
1932 - -2.61%
1931 - -2.32%
1930 - -1.94%
1929 - -0.78%
1928 - -2.07%
1927 - -0.32%
1926 - -2.9%
1925 - -2.92%
1924 - 0.04%
1923 - -2.3%
1922 - 0.62%
1921 - -2.59%
1920 - -2.6%
1919 - -7.49%
1918 - -11.4%
1917 - -1.27%
1916 - 1.48%
1915 - -0.29%
1914 - -1.15%
1913 - -0.25%
1912 - 0.33%
1911 - -0.14%
1910 - -0.3%
1909 - -2.64%
1908 - -1.92%
1907 - 0.24%
1906 - 0.86%
1905 - -1.28%
1904 - -1.63%
1903 - -0.3%
1902 - -1.74%
1901 - -2.13%
1900 - -0.52%
1899 - -1%
1898 - -4.55%
1897 - -0.37%
1896 - -0.56%
1895 - -1.21%
1894 - -0.62%
1893 - 0%
1892 - 0.82%
1891 - 0.16%
1890 - 0.17%
1889 - 0.18%
1888 - -0.59%
1887 - -1.46%
1886 - 0%
1885 - -1.2%
1884 - -0.2%
1883 - 0%
1882 - 0.2%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1882–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/burundi/finland | CC BY

In 2024, Burundi's government deficit, the difference between spending and revenue, was $149M, equivalent to 4.84% of GDP. This compares to Finland's deficit of $13.2B, or 4.41% of GDP.

Over the past 35 years, Burundi recorded a fiscal deficit in 33 of those years, while Finland ran a deficit in 22 years. On average, Burundi posted an annual deficit equal to 5.23% of GDP, compared to deficit of 0.58% of GDP for Finland.

Inflation comparison by year

Inflation
Burundi

Finland
1x
Year Consumer prices inflation
Burundi Finland
2024 20.2% 1.57%
2023 26.9% 6.25%
2022 18.8% 7.12%
2021 8.4% 2.19%
2020 7.32% 0.29%
2019 -0.69% 1.02%
2018 -2.81% 1.08%
2017 16.1% 0.75%
2016 5.56% 0.36%
2015 5.54% -0.21%
2014 4.41% 1.04%
2013 7.94% 1.48%
2012 18.2% 2.81%
2011 9.59% 3.42%
2010 6.49% 1.18%
2009 10.6% -0%
2008 24.4% 4.07%
2007 8.41% 2.51%
2006 2.75% 1.57%
2005 13.3% 0.62%
2004 8.18% 0.19%
2003 10.6% 0.88%
2002 -1.37% 1.57%
2001 9.3% 2.58%
2000 24.4% 3.04%
1999 3.39% 1.16%
1998 12.5% 1.4%
1997 31.1% 1.19%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/burundi/finland | CC BY

Over the past 28 years, Burundi has recorded an average annual inflation rate of 11.1%, compared with 1.83% in Finland. In 2024, inflation was 20.2% in Burundi and 1.57% in Finland.

Top exports between countries

Burundi
Export category Export value
Finland
Export category Export value
Wood & paper products $579K
Machinery & equipment $200K
Chemicals & pharma $43K
Textiles & consumer goods $1K

Balance of trade

Burundi Finland
Current account balance
-$475M
2024
-$1.99B
2024
Current account balance ranking
105/190
2024
143/190
2024
Current account balance, % of GDP
-15.4%
2024
-0.67%
2024
Goods imports
$959M
2024
$76.6B
2024
Goods exports
$230M
2024
$83.1B
2024
Service imports
$361M
2024
$47.4B
2024
Service exports
$121M
2024
$42B
2024
Imports of goods and services, % of GDP
24.4%
2023
41.6%
2024
Exports of goods and services, % of GDP
5.29%
2023
41.9%
2024

Economic freedom indices

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

Burundi Finland
Economic freedom 40.2 76.6
Economic freedom ranking 187/197 15/197
Property rights 27.2 99.9
Government integrity 15.5 95.4
Judicial effectiveness 7.5 96.4
Tax burden 76.1 68.4
Government spending 76.3 7.9
Fiscal health 14.6 76.3
Business freedom 27.2 85.3
Labor freedom 49.9 65.4
Monetary freedom 55.5 80.3
Trade freedom 52.2 79.4
Investment freedom 50 85
Financial freedom 30 80

Economic freedom comparison by year

Burundi
Finland
1x
Year Economic freedom index
Burundi Finland
2026 40.2 76.6
2025 39.7 77
2024 38.4 76.3
2023 41.9 77.1
2022 39.4 78.3
2021 49.9 76.1
2020 49 75.7
2019 48.9 74.9
2018 50.9 74.1
2017 53.2 74
2016 53.9 72.6
2015 53.7 73.4
2014 51.4 73.4
2013 49 74
2012 48.1 72.3
2011 49.6 74
2010 47.5 73.8
2009 48.8 74.5
2008 46.2 74.6
2007 46.9 74
2006 48.7 72.9
2005 - 71
2004 - 73.4
2003 - 73.7
2002 - 73.6
2001 - 69.7
2000 42.6 64.3
1999 41.1 63.9
1998 44.7 63.5
1997 45.4 65.2
1996 - 63.7

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/burundi/finland | CC BY

The Economic Freedom Index for Burundi is 40.2, ranking 187/197, compared to 76.6 for Finland, ranking 15/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Burundi Finland
Services, % of GDP
43.2%
2024
62.2%
2024
Industry, % of GDP
17.7%
2024
22.8%
2024
Agriculture, forestry, and fishing, % of GDP
34.9%
2024
2.47%
2024
GNI, Atlas method
$3.61B
2024
$290B
2024
GNI per capita, PPP
$1,200
2024
$65,640
2024
Total reserves including gold
$90.3M
2023
$18B
2024
Total reserves ranking
174/177
2023
65/177
2024
Net foreign direct investment
-$24.8M
2024
$3.28B
2024
Net inflows of foreign direct investment
$33.3M
2024
$8.74B
2024
Net outflows of foreign direct investment
$8.51M
2024
$12B
2024
Servicing debt to the IMF, % of GNI
1.16%
2024
n/a
Poverty at national poverty lines
51%
2020
12.2%
2022
Gross capital formation, % of GDP
10%
2023
22.3%
2024

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/burundi/finland | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1882–1999, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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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.