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Economy of Burundi vs Greece compared: GDP & Debt

Updated on by Georank team

Burundi has a GDP of $3.08B compared to $256B for Greece, ranking 169/197 and 53/197 by economy size, respectively.

Burundi has $1.6B in government debt (52% of GDP), compared to $397B (154.8% of GDP) in Greece.

Burundi vs Greece GDP by year

Burundi
Greece
1x
Year GDP, current $
Burundi Greece
2024 $3,082,433,067 $256,238,371,778
2023 $3,430,949,250 $242,946,187,738
2022 $4,036,192,553 $217,990,189,601
2021 $3,435,598,073 $218,303,801,895
2020 $3,227,847,281 $191,362,985,555
2019 $2,871,555,326 $207,305,649,887
2018 $2,913,411,408 $213,298,873,494
2017 $2,831,362,208 $200,381,103,984
2016 $2,618,093,125 $193,097,239,006
2015 $2,810,532,912 $194,567,373,678
2014 $2,705,826,648 $233,911,581,521
2013 $2,451,624,638 $236,556,279,641
2012 $2,327,402,363 $238,841,140,018
2011 $2,235,812,880 $283,228,079,776
2010 $2,032,135,192 $296,417,644,404
2009 $1,775,495,032 $326,829,054,686
2008 $1,611,835,857 $351,121,399,546
2007 $1,356,199,387 $314,226,996,944
2006 $1,273,375,078 $269,073,415,334
2005 $1,117,113,080 $242,315,668,619
2004 $915,257,323 $234,979,615,898
2003 $784,654,424 $196,930,509,813
2002 $825,394,519 $150,253,800,086
2001 $876,794,723 $132,050,474,720
2000 $870,486,066 $125,760,166,225
1999 $808,077,223 $137,131,371,955
1998 $893,770,740 $139,612,812,176
1997 $972,896,268 $138,766,067,640
1996 $869,033,856 $142,502,984,145
1995 $1,000,428,394 $134,974,613,914
1994 $925,030,590 $114,980,063,202
1993 $938,632,612 $107,295,704,518
1992 $1,083,037,671 $114,608,178,405
1991 $1,167,398,478 $103,680,863,713
1990 $1,132,101,253 $96,529,587,274
1989 $1,113,924,130 $78,067,933,277
1988 $1,082,403,219 $75,200,610,137
1987 $1,131,466,494 $64,739,630,096
1986 $1,201,725,497 $55,595,445,472
1985 $1,149,979,286 $47,155,741,426
1984 $987,143,931 $47,352,146,312
1983 $1,082,926,304 $48,741,397,059
1982 $1,013,222,222 $53,858,346,939
1981 $969,046,667 $51,618,456,335
1980 $919,726,667 $56,039,256,595
1979 $782,496,667 $53,724,121,435
1978 $610,225,556 $43,654,480,519
1977 $547,535,556 $35,673,080,481
1976 $448,412,754 $30,719,552,239
1975 $420,986,667 $28,129,128,587
1974 $345,263,492 $24,998,715,909
1973 $304,339,524 $22,037,019,563
1972 $246,804,571 $16,650,659,091
1971 $252,842,286 $14,388,806,818
1970 $242,732,571 $12,957,113,636
1969 $190,205,714 $11,454,106,327
1968 $183,200,000 $9,950,331,206
1967 $178,297,143 $9,146,592,856
1966 $165,444,571 $8,472,021,467
1965 $158,994,963 $7,582,209,670
1964 $260,750,008 $6,576,906,345
1963 $232,749,998 $5,813,285,627
1962 $213,500,006 $5,140,542,929
1961 $202,999,992 $4,892,397,431
1960 $195,999,990 $4,274,890,307

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

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

GDP per capita in Burundi vs Greece by year

Burundi
GDP per capita

GDP per capita, PPP
Greece
GDP per capita

GDP per capita, PPP
1x
Year Current $
Burundi Greece
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $219.4 $1,195 $24,626 $44,327
2023 $250.6 $1,150 $23,344 $42,711
2022 $303 $1,105 $20,887 $39,612
2021 $265 $1,036 $20,655 $33,531
2020 $255.8 $958 $17,887 $29,533
2019 $234.3 $868 $19,335 $31,927
2018 $245.7 $823 $19,873 $29,792
2017 $246.1 $791 $18,632 $28,682
2016 $232.9 $764 $17,919 $27,505
2015 $254.4 $722 $17,981 $26,608
2014 $250.5 $724 $21,475 $26,450
2013 $234.8 $687 $21,573 $25,731
2012 $231.1 $637 $21,624 $24,583
2011 $230.1 $629 $25,505 $25,693
2010 $216.7 $614 $26,653 $27,839
2009 $198.4 $605 $29,425 $29,963
2008 $189.5 $609 $31,696 $30,441
2007 $166.2 $594 $28,441 $28,896
2006 $161.9 $580 $24,416 $28,076
2005 $147.2 $553 $22,054 $25,004
2004 $125.2 $552 $21,449 $24,826
2003 $111.4 $532 $18,021 $23,253
2002 $121 $545 $13,782 $21,985
2001 $132.2 $528 $12,157 $20,304
2000 $134.5 $519 $11,638 $18,820
1999 $127.5 $523 $12,743 $17,758
1998 $144.5 $533 $13,023 $17,434
1997 $160.3 $513 $13,016 $16,630
1996 $143.2 $513 $13,433 $15,778
1995 $164.9 $548 $12,779 $15,218
1994 $161.9 $619 $10,937 $14,667
1993 $165.3 $634 $10,257 $14,150
1992 $184.9 $640 $11,021 $14,130
1991 $204.7 $636 $10,047 $13,824
1990 $202.6 $598 $9,467 $13,126
1989 $203.6 - $7,738 -
1988 $201.7 - $7,492 -
1987 $215.6 - $6,474 -
1986 $234.3 - $5,578 -
1985 $228.4 - $4,747 -
1984 $200.4 - $4,785 -
1983 $225.2 - $4,950 -
1982 $216.4 - $5,502 -
1981 $212.2 - $5,305 -
1980 $209.8 - $5,812 -
1979 $186.2 - $5,627 -
1978 $148.8 - $4,629 -
1977 $137.4 - $3,832 -
1976 $115.5 - $3,343 -
1975 $110.9 - $3,109 -
1974 $93.2 - $2,789 -
1973 $84.3 - $2,468 -
1972 $68.2 - $1,873 -
1971 $69.9 - $1,629 -
1970 $68.8 - $1,474 -
1969 $55.1 - $1,306 -
1968 $54.2 - $1,138 -
1967 $54 - $1,053 -
1966 $51.4 - $984 -
1965 $50.6 - $887 -
1964 $85.3 - $773 -
1963 $78.4 - $686 -
1962 $73.4 - $608 -
1961 $71.6 - $583 -
1960 $70.9 - $513 -

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

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

Burundi's GDP per capita is $219.4, ranking 197/197, compared to $24,626 in Greece, ranking 49/197. Adjusted for purchasing power (GDP per capita PPP), Burundi ranks 196th at $1,195, while Greece ranks 52nd at $44,327.

Economic indicators

Burundi Greece
Gross domestic product
$3.08B
2024
$256B
2024
GDP rank
169/197
2024
53/197
2024
GDP growth
4.11%
2023-2024
2.09%
2023-2024
GDP per capita
$219.4
2024
$24,626
2024
GDP per capita rank
197/197
2024
49/197
2024
GDP per capita, PPP
$1,195
2024
$44,327
2024
GDP per capita PPP rank
196/197
2024
52/197
2024
Government debt
$1.6B
2024
$397B
2024
Debt-to-GDP ratio
52%
2024
154.8%
2024
Government debt per person
$114.1
2024
$38,119
2024
Government debt per person rank
184/185
2024
16/185
2024
Average annual personal income after taxes
$1,228
2026
$14,396
2026
Market capitalization of domestic companies n/a
$83.2B
2024
Number of billionaires n/a
16
2025
Income share by richest 10%
29.9%
2020
26%
2023
Income share by poorest 10%
2.9%
2020
2.7%
2023
Government expenditure, % of GDP
22.3%
2024
48%
2024
Consumer prices inflation
20.2%
2023-2024
2.74%
2023-2024
Unemployment rate
1.03%
2020
10%
2024
Population
14833763
10181414

Spending and national debt comparison by year

Burundi
Spending

Debt
Greece
Spending

Debt
1x
Year % of GDP
Burundi Greece
Government spending Government debt Government spending Government debt
2024 22.3% 52% 48% 154.8%
2023 28.4% 58.1% 49.5% 165.2%
2022 33.5% 68.5% 52.8% 178.4%
2021 28.4% 66.5% 56.7% 197.8%
2020 29.2% 65.9% 59.3% 209.9%
2019 28.8% 60.1% 47.6% 183.7%
2018 26% 53% 48.6% 189.6%
2017 24.1% 46.9% 48.5% 182.6%
2016 22.6% 46.1% 50.3% 183.7%
2015 23.2% 39.9% 51.9% 180%
2014 28.5% 38% 51.5% 182.8%
2013 34.8% 37.9% 53% 180.5%
2012 37.5% 41.4% 54.9% 164.3%
2011 42.2% 42.7% 55.1% 175.1%
2010 40.8% 46.9% 53.1% 147.8%
2009 38% 25.7% 54.8% 128.5%
2008 41.2% 102.5% 51.5% 110.9%
2007 39% 129.6% 47.8% 104.6%
2006 36.5% 130.3% 45.9% 105.3%
2005 33.1% 137% 46.6% 109.9%
2004 39.2% 166.1% 48.8% 105.5%
2003 33.9% 159.9% 47.9% 104.3%
2002 21.9% 144.8% 47.1% 107.9%
2001 22.7% 113.6% 47.5% 110.5%
2000 21.7% 120% 48.2% 108.9%
1999 20.5% 140.6% 48% 102.8%
1998 19.9% 138.9% 46.7% 100.8%
1997 18.8% 122.8% 45.1% 102.6%
1996 24.4% 139.4% 46.1% 103.7%
1995 22.1% 117.1% 46.6% 100.4%
1994 19.4% 119.6% 36.9% 99.7%
1993 24% 112% 38.6% 101.7%
1992 26.1% 93.5% 36.9% 81.1%
1991 19.2% - 35.2% 75.7%
1990 17.4% - 38.5% 74.2%
1989 - - 34.8% 60.7%
1988 - - 33.8% 57.9%
1987 - - 34% 53.2%
1986 - - 33.8% 47.8%
1985 - - 34.2% 47.3%
1984 - - 32% 40.6%
1983 - - 30.2% 34.1%
1982 - - 28.7% 29.7%
1981 - - 28.1% 27.1%
1980 - - 24.5% 22.8%
1979 - - 24.1% 22.7%
1978 - - 30.1% 32.3%
1977 - - 30.1% 24.5%
1976 - - 29.1% 23.7%
1975 - - 28.7% 24.1%
1974 - - 25.3% 22.5%
1973 - - 24.3% 22%
1972 - - 26.8% 26.5%
1971 - - 25.8% 25%
1970 - - 25.2% 24.7%
1969 - - 29.7% 25.8%
1968 - - 26.3% 23%
1967 - - 24.6% 21.1%
1966 - - 22.8% 19%
1965 - - 21.7% 16.5%
1964 - - 20.4% 21.3%
1963 - - 19.5% 22.6%
1962 - - 19.7% 16.6%
1961 - - 19.3% 14.4%
1960 - - 20% 13.4%

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/greece | CC BY

In 2024, Burundi's government spending was $689M, accounting for 22.3% of its GDP, while Greece spent $123B, or 48% of GDP.

Debt-to-GDP ratio is 52% in Burundi and 154.8% in Greece, ranking 101/185 and 7/185, respectively.

Government deficit by year

Deficit/surplus
Burundi

Greece
1x
Year Deficit/surplus, % of GDP
Burundi Greece
2024 -4.84% 1.34%
2023 -7.7% -1.35%
2022 -10.7% -2.46%
2021 -4.6% -7.58%
2020 -6.58% -10.3%
2019 -6.4% -0.09%
2018 -6.66% 0.78%
2017 -5.01% 1.05%
2016 -7.11% 0.28%
2015 -7.56% -3.03%
2014 -3.93% -4.29%
2013 -1.9% -4.06%
2012 -3.79% -6.94%
2011 -3.49% -10.5%
2010 -3.64% -11.4%
2009 -5.14% -15.4%
2008 -2.7% -10.3%
2007 -2.51% -6.81%
2006 -9.92% -6.04%
2005 -10.6% -6.33%
2004 -14.9% -9.05%
2003 -13.7% -8.05%
2002 -4.9% -6.2%
2001 -7.78% -5.64%
2000 -5.66% -4.21%
1999 -5.33% -6.02%
1998 -4.43% -6.48%
1997 -4.48% -6.25%
1996 -8.61% -8.35%
1995 -3.72% -9.87%
1994 -1.76% -8.48%
1993 -1.22% -11.5%
1992 -4.16% -10.6%
1991 4.14% -9.63%
1990 8.14% -13.3%
1989 - -11.9%
1988 - -9.63%
1987 - -8.09%
1986 - -8.62%
1985 - -9.56%
1984 - -7.19%
1983 - -6.17%
1982 - -5.49%
1981 - -7.08%
1980 - -2.5%
1979 - -2.34%
1978 - -5.39%
1977 - -5.21%
1976 - -5.05%
1975 - -5.3%
1974 - -4.39%
1973 - -3.71%
1972 - -4.16%
1971 - -3.32%
1970 - -3.24%
1969 - -6.65%
1968 - -3.39%
1967 - -2.59%
1966 - -2.17%
1965 - -2.55%
1964 - -2.89%
1963 - -2.25%
1962 - -2.4%
1961 - -2.69%
1960 - -3.3%
1959 - -2.77%
1958 - -2.27%
1957 - -2.45%
1956 - -0.39%
1955 - -3.57%
1954 - -2.87%
1953 - -3.01%
1952 - -7.21%
1951 - -11.5%
1950 - -12.7%
1949 - -10.4%
1948 - -7.65%
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - 0.48%
1938 - 1.78%
1937 - 1.06%
1936 - 0.95%
1935 - 0.72%
1934 - 0.88%
1933 - -2.79%
1932 - -1.78%
1931 - -4%
1930 - -2.23%
1929 - -18.7%
1928 - -0.27%
1927 - 2.65%
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -8.96%
1912 - -7.43%
1911 - -4.61%
1910 - -1.53%
1909 - -2.64%
1908 - -1.54%
1907 - -1.23%
1906 - 0.66%
1905 - 0.91%
1904 - -0.04%
1903 - -0.22%
1902 - -1.67%
1901 - 0.1%
1900 - 0.41%
1899 - 0.86%
1898 - -34.5%
1897 - -8.46%
1896 - 0.82%
1895 - 0.37%
1894 - 2.91%
1893 - 0.14%
1892 - -2.28%
1891 - -6.48%
1890 - -11.2%
1889 - -15.7%
1888 - -3.59%
1887 - -4.88%
1886 - -11.5%
1885 - -12.1%
1884 - -7.16%
1883 - -2.42%
1882 - -1.69%
1881 - -14.5%
1880 - -13.5%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/burundi/greece | 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 Greece's surplus of $3.43B, or 1.34% of GDP.

Over the past 35 years, Burundi recorded a fiscal deficit in 33 of those years, while Greece ran a deficit in 31 years. On average, Burundi posted an annual deficit equal to 5.23% of GDP, compared to deficit of 6.49% of GDP for Greece.

Inflation comparison by year

Inflation
Burundi

Greece
1x
Year Consumer prices inflation
Burundi Greece
2024 20.2% 2.74%
2023 26.9% 3.46%
2022 18.8% 9.65%
2021 8.4% 1.22%
2020 7.32% -1.25%
2019 -0.69% 0.25%
2018 -2.81% 0.63%
2017 16.1% 1.12%
2016 5.56% -0.83%
2015 5.54% -1.74%
2014 4.41% -1.31%
2013 7.94% -0.92%
2012 18.2% 1.5%
2011 9.59% 3.33%
2010 6.49% 4.71%
2009 10.6% 1.21%
2008 24.4% 4.15%
2007 8.41% 2.9%
2006 2.75% 3.2%
2005 13.3% 3.55%
2004 8.18% 2.9%
2003 10.6% 3.53%
2002 -1.37% 3.63%
2001 9.3% 3.37%
2000 24.4% 3.15%
1999 3.39% 2.64%
1998 12.5% 4.77%
1997 31.1% 5.54%

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

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

Over the past 28 years, Burundi has recorded an average annual inflation rate of 11.1%, compared with 2.4% in Greece. In 2024, inflation was 20.2% in Burundi and 2.74% in Greece.

Top exports between countries

Burundi
Export category Export value
Textiles & consumer goods $1K
Greece
Export category Export value
Metals $255K
Machinery & equipment $74K
Processed food, beverages & tobacco $30K
Chemicals & pharma $17K
Raw materials & minerals $3K
Textiles & consumer goods $1K

Balance of trade

Burundi Greece
Current account balance
-$475M
2024
-$18.2B
2024
Current account balance ranking
105/190
2024
182/190
2024
Current account balance, % of GDP
-15.4%
2024
-7.11%
2024
Goods imports
$959M
2024
$91.2B
2024
Goods exports
$230M
2024
$52.6B
2024
Service imports
$361M
2024
$31.1B
2024
Service exports
$121M
2024
$55.8B
2024
Imports of goods and services, % of GDP
24.4%
2023
47.7%
2024
Exports of goods and services, % of GDP
5.29%
2023
42.1%
2024

Economic freedom indices

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

Burundi Greece
Economic freedom 40.2 63.2
Economic freedom ranking 187/197 82/197
Property rights 27.2 78
Government integrity 15.5 54.8
Judicial effectiveness 7.5 68
Tax burden 76.1 59.9
Government spending 76.3 24.7
Fiscal health 14.6 78.9
Business freedom 27.2 77.8
Labor freedom 49.9 59.7
Monetary freedom 55.5 72.6
Trade freedom 52.2 79.4
Investment freedom 50 55
Financial freedom 30 50

Economic freedom comparison by year

Burundi
Greece
1x
Year Economic freedom index
Burundi Greece
2026 40.2 63.2
2025 39.7 60.6
2024 38.4 55.1
2023 41.9 56.9
2022 39.4 61.5
2021 49.9 60.9
2020 49 59.9
2019 48.9 57.7
2018 50.9 57.3
2017 53.2 55
2016 53.9 53.2
2015 53.7 54
2014 51.4 55.7
2013 49 55.4
2012 48.1 55.4
2011 49.6 60.3
2010 47.5 62.7
2009 48.8 60.8
2008 46.2 60.6
2007 46.9 58.7
2006 48.7 60.1
2005 - 59
2004 - 59.1
2003 - 58.8
2002 - 59.1
2001 - 63.4
2000 42.6 61
1999 41.1 61
1998 44.7 60.6
1997 45.4 59.6
1996 - 60.5
1995 - 61.2

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

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

The Economic Freedom Index for Burundi is 40.2, ranking 187/197, compared to 63.2 for Greece, ranking 82/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Burundi Greece
Services, % of GDP
43.2%
2024
68%
2024
Industry, % of GDP
17.7%
2024
15%
2024
Agriculture, forestry, and fishing, % of GDP
34.9%
2024
3.77%
2024
GNI, Atlas method
$3.61B
2024
$236B
2024
GNI per capita, PPP
$1,200
2024
$43,340
2024
Total reserves including gold
$90.3M
2023
$15.2B
2024
Total reserves ranking
174/177
2023
67/177
2024
Net foreign direct investment
-$24.8M
2024
-$4.52B
2024
Net inflows of foreign direct investment
$33.3M
2024
$6.74B
2024
Net outflows of foreign direct investment
$8.51M
2024
$2.22B
2024
Servicing debt to the IMF, % of GNI
1.16%
2024
n/a
Poverty at national poverty lines
51%
2020
18.8%
2021
Gross capital formation, % of GDP
10%
2023
18.3%
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/greece | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, 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.