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Economy of Burundi vs Guatemala compared: GDP & Debt

Updated on by Georank team

Burundi has a GDP of $3.08B compared to $113B for Guatemala, ranking 169/197 and 68/197 by economy size, respectively.

Burundi has $1.6B in government debt (52% of GDP), compared to $29.8B (26.3% of GDP) in Guatemala.

Burundi vs Guatemala GDP by year

Burundi
Guatemala
1x
Year GDP, current $
Burundi Guatemala
2024 $3,082,433,067 $113,199,581,158
2023 $3,430,949,250 $104,368,755,055
2022 $4,036,192,553 $95,641,446,501
2021 $3,435,598,073 $86,455,522,273
2020 $3,227,847,281 $77,719,468,248
2019 $2,871,555,326 $77,172,331,693
2018 $2,913,411,408 $73,328,356,008
2017 $2,831,362,208 $71,653,780,740
2016 $2,618,093,125 $66,053,408,206
2015 $2,810,532,912 $62,186,066,548
2014 $2,705,826,648 $57,852,159,008
2013 $2,451,624,638 $52,996,420,177
2012 $2,327,402,363 $49,593,929,487
2011 $2,235,812,880 $46,876,006,272
2010 $2,032,135,192 $40,676,578,423
2009 $1,775,495,032 $37,126,148,265
2008 $1,611,835,857 $38,503,720,224
2007 $1,356,199,387 $33,567,850,824
2006 $1,273,375,078 $29,744,246,827
2005 $1,117,113,080 $26,783,389,294
2004 $915,257,323 $23,577,298,095
2003 $784,654,424 $21,576,351,799
2002 $825,394,519 $20,444,205,991
2001 $876,794,723 $18,405,220,247
2000 $870,486,066 $19,288,929,030
1999 $808,077,223 $18,318,412,251
1998 $893,770,740 $19,395,491,993
1997 $972,896,268 $17,790,026,222
1996 $869,033,856 $15,674,835,615
1995 $1,000,428,394 $14,655,404,433
1994 $925,030,590 $12,983,233,311
1993 $938,632,612 $11,400,017,301
1992 $1,083,037,671 $10,440,781,588
1991 $1,167,398,478 $9,406,135,143
1990 $1,132,101,253 $7,650,196,845
1989 $1,113,924,130 $8,410,724,361
1988 $1,082,403,219 $7,841,602,824
1987 $1,131,466,494 $7,084,399,840
1986 $1,201,725,497 $7,231,963,516
1985 $1,149,979,286 $9,721,652,087
1984 $987,143,931 $9,470,000,100
1983 $1,082,926,304 $9,050,000,400
1982 $1,013,222,222 $8,716,999,700
1981 $969,046,667 $8,607,500,300
1980 $919,726,667 $7,878,700,000
1979 $782,496,667 $6,902,600,200
1978 $610,225,556 $6,070,600,200
1977 $547,535,556 $5,480,500,200
1976 $448,412,754 $4,365,300,200
1975 $420,986,667 $3,645,900,000
1974 $345,263,492 $3,161,499,900
1973 $304,339,524 $2,569,200,100
1972 $246,804,571 $2,101,300,000
1971 $252,842,286 $1,984,800,000
1970 $242,732,571 $1,904,000,000
1969 $190,205,714 $1,715,399,900
1968 $183,200,000 $1,610,500,000
1967 $178,297,143 $1,453,500,000
1966 $165,444,571 $1,390,700,000
1965 $158,994,963 $1,331,399,900
1964 $260,750,008 $1,299,099,900
1963 $232,749,998 $1,262,800,000
1962 $213,500,006 $1,143,600,000
1961 $202,999,992 $1,076,699,900
1960 $195,999,990 $1,043,599,900

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

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

GDP per capita in Burundi vs Guatemala by year

Burundi
GDP per capita

GDP per capita, PPP
Guatemala
GDP per capita

GDP per capita, PPP
1x
Year Current $
Burundi Guatemala
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $219.4 $1,195 $6,150 $14,369
2023 $250.6 $1,150 $5,758 $13,745
2022 $303 $1,105 $5,359 $13,014
2021 $265 $1,036 $4,913 $11,825
2020 $255.8 $958 $4,478 $10,947
2019 $234.3 $868 $4,512 $10,756
2018 $245.7 $823 $4,353 $9,947
2017 $246.1 $791 $4,325 $9,560
2016 $232.9 $764 $4,060 $9,201
2015 $254.4 $722 $3,894 $8,934
2014 $250.5 $724 $3,689 $8,237
2013 $234.8 $687 $3,444 $7,700
2012 $231.1 $637 $3,287 $7,258
2011 $230.1 $629 $3,169 $6,784
2010 $216.7 $614 $2,805 $6,510
2009 $198.4 $605 $2,612 $6,377
2008 $189.5 $609 $2,763 $6,435
2007 $166.2 $594 $2,459 $6,238
2006 $161.9 $580 $2,225 $5,833
2005 $147.2 $553 $2,046 $5,486
2004 $125.2 $552 $1,841 $5,263
2003 $111.4 $532 $1,723 $5,081
2002 $121 $545 $1,669 $4,969
2001 $132.2 $528 $1,538 $4,822
2000 $134.5 $519 $1,649 $4,715
1999 $127.5 $523 $1,604 $4,557
1998 $144.5 $533 $1,741 $4,437
1997 $160.3 $513 $1,638 $4,287
1996 $143.2 $513 $1,481 $4,143
1995 $164.9 $548 $1,421 $4,055
1994 $161.9 $619 $1,293 $3,886
1993 $165.3 $634 $1,166 $3,756
1992 $184.9 $640 $1,096 $3,626
1991 $204.7 $636 $1,014 $3,473
1990 $202.6 $598 $848 $3,330
1989 $203.6 - $958 -
1988 $201.7 - $919 -
1987 $215.6 - $854 -
1986 $234.3 - $896 -
1985 $228.4 - $1,238 -
1984 $200.4 - $1,241 -
1983 $225.2 - $1,220 -
1982 $216.4 - $1,204 -
1981 $212.2 - $1,216 -
1980 $209.8 - $1,142 -
1979 $186.2 - $1,026 -
1978 $148.8 - $925 -
1977 $137.4 - $856 -
1976 $115.5 - $697 -
1975 $110.9 - $595 -
1974 $93.2 - $529 -
1973 $84.3 - $441 -
1972 $68.2 - $370 -
1971 $69.9 - $358 -
1970 $68.8 - $353 -
1969 $55.1 - $326 -
1968 $54.2 - $315 -
1967 $54 - $291.9 -
1966 $51.4 - $287.3 -
1965 $50.6 - $283 -
1964 $85.3 - $284.2 -
1963 $78.4 - $284.4 -
1962 $73.4 - $265.2 -
1961 $71.6 - $257.2 -
1960 $70.9 - $256.8 -

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

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

Burundi's GDP per capita is $219.4, ranking 197/197, compared to $6,150 in Guatemala, ranking 112/197. Adjusted for purchasing power (GDP per capita PPP), Burundi ranks 196th at $1,195, while Guatemala ranks 116th at $14,369.

Economic indicators

Burundi Guatemala
Gross domestic product
$3.08B
2024
$113B
2024
GDP rank
169/197
2024
68/197
2024
GDP growth
4.11%
2023-2024
3.65%
2023-2024
GDP per capita
$219.4
2024
$6,150
2024
GDP per capita rank
197/197
2024
112/197
2024
GDP per capita, PPP
$1,195
2024
$14,369
2024
GDP per capita PPP rank
196/197
2024
116/197
2024
Government debt
$1.6B
2024
$29.8B
2024
Debt-to-GDP ratio
52%
2024
26.3%
2024
Government debt per person
$114.1
2024
$1,619
2024
Government debt per person rank
184/185
2024
124/185
2024
Average annual personal income after taxes
$1,228
2026
$4,917
2026
Income share by richest 10%
29.9%
2020
34.1%
2023
Income share by poorest 10%
2.9%
2020
1.6%
2023
Government expenditure, % of GDP
22.3%
2024
13.4%
2024
Consumer prices inflation
20.2%
2023-2024
2.87%
2023-2024
Central bank interest rate n/a
4%
2025
Unemployment rate
1.03%
2020
1.9%
2024
Population
14833763
19049936

Spending and national debt comparison by year

Burundi
Spending

Debt
Guatemala
Spending

Debt
1x
Year % of GDP
Burundi Guatemala
Government spending Government debt Government spending Government debt
2024 22.3% 52% 13.4% 26.3%
2023 28.4% 58.1% 13.7% 27.2%
2022 33.5% 68.5% 14.3% 29%
2021 28.4% 66.5% 13.5% 30.6%
2020 29.2% 65.9% 15.6% 31.5%
2019 28.8% 60.1% 13.4% 26.4%
2018 26% 53% 13.2% 26.4%
2017 24.1% 46.9% 12.8% 25.1%
2016 22.6% 46.1% 12.6% 24.9%
2015 23.2% 39.9% 12.6% 24.8%
2014 28.5% 38% 13.6% 24.7%
2013 34.8% 37.9% 14% 25%
2012 37.5% 41.4% 14.2% 24.6%
2011 42.2% 42.7% 14.5% 23.8%
2010 40.8% 46.9% 14.5% 24%
2009 38% 25.7% 14.1% 22.8%
2008 41.2% 102.5% 13.3% 19.6%
2007 39% 129.6% 13.9% 20.8%
2006 36.5% 130.3% 14.2% 20.9%
2005 33.1% 137% 13.2% 20%
2004 39.2% 166.1% 12.9% 20.6%
2003 33.9% 159.9% 14.4% 19.8%
2002 21.9% 144.8% 13.1% 17.4%
2001 22.7% 113.6% 13.8% 19.1%
2000 21.7% 120% 13.6% 18%
1999 20.5% 140.6% 14.6% 22%
1998 19.9% 138.9% 13.2% 19%
1997 18.8% 122.8% 11.2% 18.5%
1996 24.4% 139.4% 9.85% 19.2%
1995 22.1% 117.1% 9.77% 21%
1994 19.4% 119.6% - -
1993 24% 112% - -
1992 26.1% 93.5% - -
1991 19.2% - - -
1990 17.4% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1992–1999, retrieved 2026-02-20).

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

In 2024, Burundi's government spending was $689M, accounting for 22.3% of its GDP, while Guatemala spent $15.1B, or 13.4% of GDP.

Debt-to-GDP ratio is 52% in Burundi and 26.3% in Guatemala, ranking 101/185 and 161/185, respectively.

Government deficit by year

Deficit/surplus
Burundi

Guatemala
1x
Year Deficit/surplus, % of GDP
Burundi Guatemala
2024 -4.84% -0.96%
2023 -7.7% -1.25%
2022 -10.7% -1.7%
2021 -4.6% -1.16%
2020 -6.58% -4.91%
2019 -6.4% -2.24%
2018 -6.66% -1.88%
2017 -5.01% -1.38%
2016 -7.11% -1.11%
2015 -7.56% -1.47%
2014 -3.93% -1.92%
2013 -1.9% -2.16%
2012 -3.79% -2.42%
2011 -3.49% -2.8%
2010 -3.64% -3.28%
2009 -5.14% -3.12%
2008 -2.7% -1.57%
2007 -2.51% -1.4%
2006 -9.92% -1.88%
2005 -10.6% -1.67%
2004 -14.9% -1.05%
2003 -13.7% -2.47%
2002 -4.9% -1.03%
2001 -7.78% -2%
2000 -5.66% -1.88%
1999 -5.33% -2.96%
1998 -4.43% -2.29%
1997 -4.48% -0.79%
1996 -8.61% 0.04%
1995 -3.72% -0.53%
1994 -1.76% -
1993 -1.22% -
1992 -4.16% -
1991 4.14% -
1990 8.14% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/burundi/guatemala | 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 Guatemala's deficit of $1.09B, or 0.96% of GDP.

Over the past 30 years, Burundi recorded a fiscal deficit in 30 of those years, while Guatemala ran a deficit in 29 years. On average, Burundi posted an annual deficit equal to 6.28% of GDP, compared to deficit of 1.84% of GDP for Guatemala.

Inflation comparison by year

Inflation
Burundi

Guatemala
1x
Year Consumer prices inflation
Burundi Guatemala
2024 20.2% 2.87%
2023 26.9% 6.21%
2022 18.8% 6.89%
2021 8.4% 4.26%
2020 7.32% 3.21%
2019 -0.69% 3.7%
2018 -2.81% 3.75%
2017 16.1% 4.42%
2016 5.56% 4.45%
2015 5.54% 2.39%
2014 4.41% 3.42%
2013 7.94% 4.34%
2012 18.2% 3.78%
2011 9.59% 6.21%
2010 6.49% 3.86%
2009 10.6% 1.86%
2008 24.4% 11.4%
2007 8.41% 6.82%
2006 2.75% 6.56%
2005 13.3% 9.11%
2004 8.18% 7.58%
2003 10.6% 5.6%
2002 -1.37% 8.13%
2001 9.3% 7.29%
2000 24.4% 5.98%
1999 3.39% 5.21%
1998 12.5% 6.61%
1997 31.1% 9.23%

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

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

Over the past 28 years, Burundi has recorded an average annual inflation rate of 11.1%, compared with 5.54% in Guatemala. In 2024, inflation was 20.2% in Burundi and 2.87% in Guatemala.

Balance of trade

Burundi Guatemala
Current account balance
-$475M
2024
$3.27B
2024
Current account balance ranking
105/190
2024
38/190
2024
Current account balance, % of GDP
-15.4%
2024
+2.89%
2024
Goods imports
$959M
2024
$29.1B
2024
Goods exports
$230M
2024
$13.3B
2024
Service imports
$361M
2024
$6.45B
2024
Service exports
$121M
2024
$4.65B
2024
Imports of goods and services, % of GDP
24.4%
2023
31.5%
2024
Exports of goods and services, % of GDP
5.29%
2023
15.9%
2024

Economic freedom indices

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

Burundi Guatemala
Economic freedom 40.2 63.5
Economic freedom ranking 187/197 79/197
Property rights 27.2 39.1
Government integrity 15.5 25.2
Judicial effectiveness 7.5 26.1
Tax burden 76.1 91.3
Government spending 76.3 94.3
Fiscal health 14.6 95.9
Business freedom 27.2 65.7
Labor freedom 49.9 52.5
Monetary freedom 55.5 77.3
Trade freedom 52.2 74.6
Investment freedom 50 70
Financial freedom 30 50

Economic freedom comparison by year

Burundi
Guatemala
1x
Year Economic freedom index
Burundi Guatemala
2026 40.2 63.5
2025 39.7 63.4
2024 38.4 62.4
2023 41.9 62.7
2022 39.4 63.2
2021 49.9 64
2020 49 64
2019 48.9 62.6
2018 50.9 63.4
2017 53.2 63
2016 53.9 61.8
2015 53.7 60.4
2014 51.4 61.2
2013 49 60
2012 48.1 60.9
2011 49.6 61.9
2010 47.5 61
2009 48.8 59.4
2008 46.2 59.8
2007 46.9 60.5
2006 48.7 59.1
2005 - 59.5
2004 - 59.6
2003 - 62.3
2002 - 62.3
2001 - 65.1
2000 42.6 64.3
1999 41.1 66.2
1998 44.7 65.8
1997 45.4 65.7
1996 - 63.7
1995 - 62

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

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

The Economic Freedom Index for Burundi is 40.2, ranking 187/197, compared to 63.5 for Guatemala, ranking 79/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Burundi Guatemala
Services, % of GDP
43.2%
2024
61.8%
2024
Industry, % of GDP
17.7%
2024
21.7%
2024
Agriculture, forestry, and fishing, % of GDP
34.9%
2024
9.78%
2024
GNI, Atlas method
$3.61B
2024
$106B
2024
GNI per capita, PPP
$1,200
2024
$14,170
2024
Total reserves including gold
$90.3M
2023
$24.4B
2024
Total reserves ranking
174/177
2023
57/177
2024
Net foreign direct investment
-$24.8M
2024
-$983M
2024
Net inflows of foreign direct investment
$33.3M
2024
$1.85B
2024
Net outflows of foreign direct investment
$8.51M
2024
$865M
2024
Servicing debt to the IMF, % of GNI
1.16%
2024
1.75%
2024
Poverty at national poverty lines
51%
2020
56%
2023
Gross capital formation, % of GDP
10%
2023
16.7%
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/guatemala | 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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1992–1999, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.