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Economy of Burundi vs Hungary compared: GDP & Debt

Updated on by Georank team

Burundi has a GDP of $3.08B compared to $223B for Hungary, ranking 169/197 and 55/197 by economy size, respectively.

Burundi has $1.6B in government debt (52% of GDP), compared to $164B (73.5% of GDP) in Hungary.

Burundi vs Hungary GDP by year

Burundi
Hungary
1x
Year GDP, current $
Burundi Hungary
2024 $3,082,433,067 $222,722,738,926
2023 $3,430,949,250 $213,240,316,635
2022 $4,036,192,553 $177,002,580,544
2021 $3,435,598,073 $183,282,685,440
2020 $3,227,847,281 $158,468,487,754
2019 $2,871,555,326 $164,936,682,034
2018 $2,913,411,408 $161,184,691,014
2017 $2,831,362,208 $143,335,098,992
2016 $2,618,093,125 $128,983,560,865
2015 $2,810,532,912 $125,244,126,623
2014 $2,705,826,648 $141,128,696,412
2013 $2,451,624,638 $135,646,053,779
2012 $2,327,402,363 $128,470,269,690
2011 $2,235,812,880 $141,712,804,954
2010 $2,032,135,192 $131,898,737,241
2009 $1,775,495,032 $130,807,441,076
2008 $1,611,835,857 $158,228,265,916
2007 $1,356,199,387 $140,123,326,896
2006 $1,273,375,078 $115,604,111,412
2005 $1,117,113,080 $113,098,237,571
2004 $915,257,323 $104,015,363,080
2003 $784,654,424 $85,190,469,121
2002 $825,394,519 $67,636,468,625
2001 $876,794,723 $53,800,068,066
2000 $870,486,066 $47,275,954,429
1999 $808,077,223 $49,160,204,397
1998 $893,770,740 $48,784,412,624
1997 $972,896,268 $47,398,564,799
1996 $869,033,856 $46,833,767,124
1995 $1,000,428,394 $46,577,614,589
1994 $925,030,590 $43,307,949,890
1993 $938,632,612 $40,256,233,360
1992 $1,083,037,671 $38,857,339,125
1991 $1,167,398,478 $34,867,307,353
1990 $1,132,101,253 $34,478,360,679
1989 $1,113,924,130 $30,422,508,938
1988 $1,082,403,219 $29,799,838,597
1987 $1,131,466,494 $27,232,016,527
1986 $1,201,725,497 $24,778,163,812
1985 $1,149,979,286 $21,510,643,750
1984 $987,143,931 $21,242,726,264
1983 $1,082,926,304 $21,910,365,258
1982 $1,013,222,222 $24,141,667,188
1981 $969,046,667 $23,705,883,892
1980 $919,726,667 $23,116,977,148
1979 $782,496,667 $19,959,731,325
1978 $610,225,556 $17,286,744,154
1977 $547,535,556 $14,783,674,055
1976 $448,412,754 $13,235,612,079
1975 $420,986,667 $11,420,392,515
1974 $345,263,492 $10,016,338,179
1973 $304,339,524 $9,138,292,402
1972 $246,804,571 $7,379,313,742
1971 $252,842,286 $6,291,568,221
1970 $242,732,571 $5,780,929,203
1969 $190,205,714 $5,429,812,387
1968 $183,200,000 $4,886,222,555
1967 $178,297,143 -
1966 $165,444,571 -
1965 $158,994,963 -
1964 $260,750,008 -
1963 $232,749,998 -
1962 $213,500,006 -
1961 $202,999,992 -
1960 $195,999,990 -

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

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

GDP per capita in Burundi vs Hungary by year

Burundi
GDP per capita

GDP per capita, PPP
Hungary
GDP per capita

GDP per capita, PPP
1x
Year Current $
Burundi Hungary
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $219.4 $1,195 $23,292 $48,552
2023 $250.6 $1,150 $22,231 $46,592
2022 $303 $1,105 $18,428 $44,366
2021 $265 $1,036 $19,031 $38,887
2020 $255.8 $958 $16,387 $35,584
2019 $234.3 $868 $17,013 $35,627
2018 $245.7 $823 $16,605 $32,258
2017 $246.1 $791 $14,736 $29,728
2016 $232.9 $764 $13,216 $28,179
2015 $254.4 $722 $12,783 $26,938
2014 $250.5 $724 $14,353 $25,796
2013 $234.8 $687 $13,739 $24,592
2012 $231.1 $637 $12,950 $23,205
2011 $230.1 $629 $14,211 $22,992
2010 $216.7 $614 $13,190 $21,691
2009 $198.4 $605 $13,051 $20,691
2008 $189.5 $609 $15,763 $20,709
2007 $166.2 $594 $13,935 $19,089
2006 $161.9 $580 $11,478 $18,362
2005 $147.2 $553 $11,212 $17,091
2004 $125.2 $552 $10,291 $16,251
2003 $111.4 $532 $8,410 $15,460
2002 $121 $545 $6,658 $14,532
2001 $132.2 $528 $5,281 $13,223
2000 $134.5 $519 $4,630 $11,872
1999 $127.5 $523 $4,802 $10,892
1998 $144.5 $533 $4,752 $10,415
1997 $160.3 $513 $4,606 $9,846
1996 $143.2 $513 $4,542 $9,388
1995 $164.9 $548 $4,509 $9,222
1994 $161.9 $619 $4,187 $8,888
1993 $165.3 $634 $3,887 $8,441
1992 $184.9 $640 $3,747 $8,284
1991 $204.7 $636 $3,361 $8,352
1990 $202.6 $598 $3,324 $9,169
1989 $203.6 - $2,902 -
1988 $201.7 - $2,812 -
1987 $215.6 - $2,566 -
1986 $234.3 - $2,331 -
1985 $228.4 - $2,020 -
1984 $200.4 - $1,991 -
1983 $225.2 - $2,050 -
1982 $216.4 - $2,255 -
1981 $212.2 - $2,213 -
1980 $209.8 - $2,158 -
1979 $186.2 - $1,865 -
1978 $148.8 - $1,618 -
1977 $137.4 - $1,388 -
1976 $115.5 - $1,249 -
1975 $110.9 - $1,083 -
1974 $93.2 - $956 -
1973 $84.3 - $876 -
1972 $68.2 - $710 -
1971 $69.9 - $607 -
1970 $68.8 - $559 -
1969 $55.1 - $527 -
1968 $54.2 - $476 -
1967 $54 - - -
1966 $51.4 - - -
1965 $50.6 - - -
1964 $85.3 - - -
1963 $78.4 - - -
1962 $73.4 - - -
1961 $71.6 - - -
1960 $70.9 - - -

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

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

Burundi's GDP per capita is $219.4, ranking 197/197, compared to $23,292 in Hungary, ranking 55/197. Adjusted for purchasing power (GDP per capita PPP), Burundi ranks 196th at $1,195, while Hungary ranks 48th at $48,552.

Economic indicators

Burundi Hungary
Gross domestic product
$3.08B
2024
$223B
2024
GDP rank
169/197
2024
55/197
2024
GDP growth
4.11%
2023-2024
0.56%
2023-2024
GDP per capita
$219.4
2024
$23,292
2024
GDP per capita rank
197/197
2024
55/197
2024
GDP per capita, PPP
$1,195
2024
$48,552
2024
GDP per capita PPP rank
196/197
2024
48/197
2024
Government debt
$1.6B
2024
$164B
2024
Debt-to-GDP ratio
52%
2024
73.5%
2024
Government debt per person
$114.1
2024
$17,109
2024
Government debt per person rank
184/185
2024
37/185
2024
Average annual personal income after taxes
$1,228
2026
$16,996
2026
Market capitalization of domestic companies n/a
$41.5B
2024
Number of millionaires n/a
24,692
2025
Number of billionaires n/a
4
2025
Income share by richest 10%
29.9%
2020
24.4%
2022
Income share by poorest 10%
2.9%
2020
2.8%
2022
Government expenditure, % of GDP
22.3%
2024
46.9%
2024
Consumer prices inflation
20.2%
2023-2024
3.7%
2023-2024
Central bank interest rate n/a
6.5%
2024
Unemployment rate
1.03%
2020
4.47%
2024
Population
14833763
9475525

Spending and national debt comparison by year

Burundi
Spending

Debt
Hungary
Spending

Debt
1x
Year % of GDP
Burundi Hungary
Government spending Government debt Government spending Government debt
2024 22.3% 52% 46.9% 73.5%
2023 28.4% 58.1% 49.2% 73%
2022 33.5% 68.5% 48.7% 73.9%
2021 28.4% 66.5% 48.1% 76.2%
2020 29.2% 65.9% 51% 78.7%
2019 28.8% 60.1% 45.8% 65%
2018 26% 53% 45.9% 68.8%
2017 24.1% 46.9% 46.6% 72%
2016 22.6% 46.1% 46.7% 74.6%
2015 23.2% 39.9% 50.4% 75.7%
2014 28.5% 38% 50% 76.5%
2013 34.8% 37.9% 50.1% 77.2%
2012 37.5% 41.4% 49.2% 78.4%
2011 42.2% 42.7% 49.1% 80.5%
2010 40.8% 46.9% 48.9% 80.2%
2009 38% 25.7% 50.7% 78.2%
2008 41.2% 102.5% 48.8% 71.8%
2007 39% 129.6% 49.9% 65.6%
2006 36.5% 130.3% 51.4% 64.5%
2005 33.1% 137% 49.4% 60.6%
2004 39.2% 166.1% 48.8% 58.9%
2003 33.9% 159.9% 49.2% 58.2%
2002 21.9% 144.8% 51% 55.6%
2001 22.7% 113.6% 47.2% 52.2%
2000 21.7% 120% 47.3% 55.6%
1999 20.5% 140.6% 48.9% 60.3%
1998 19.9% 138.9% 50.7% 60.4%
1997 18.8% 122.8% 49.5% 62.2%
1996 24.4% 139.4% 50.9% 71.2%
1995 22.1% 117.1% 55% 83.9%
1994 19.4% 119.6% - 86.2%
1993 24% 112% - 87.2%
1992 26.1% 93.5% - 76.5%
1991 19.2% - - 74.2%
1990 17.4% - - 63.7%
1989 - - - 70.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989–1999, retrieved 2026-02-20).

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

In 2024, Burundi's government spending was $689M, accounting for 22.3% of its GDP, while Hungary spent $104B, or 46.9% of GDP.

Debt-to-GDP ratio is 52% in Burundi and 73.5% in Hungary, ranking 101/185 and 49/185, respectively.

Government deficit by year

Deficit/surplus
Burundi

Hungary
1x
Year Deficit/surplus, % of GDP
Burundi Hungary
2024 -4.84% -4.92%
2023 -7.7% -6.75%
2022 -10.7% -6.17%
2021 -4.6% -7.11%
2020 -6.58% -7.49%
2019 -6.4% -2.02%
2018 -6.66% -2.05%
2017 -5.01% -2.45%
2016 -7.11% -1.79%
2015 -7.56% -2%
2014 -3.93% -2.77%
2013 -1.9% -2.6%
2012 -3.79% -2.33%
2011 -3.49% -5.22%
2010 -3.64% -4.44%
2009 -5.14% -4.76%
2008 -2.7% -3.78%
2007 -2.51% -5.09%
2006 -9.92% -9.27%
2005 -10.6% -7.79%
2004 -14.9% -6.6%
2003 -13.7% -7.19%
2002 -4.9% -8.79%
2001 -7.78% -4%
2000 -5.66% -3.04%
1999 -5.33% -5.27%
1998 -4.43% -7.41%
1997 -4.48% -5.54%
1996 -8.61% -4.36%
1995 -3.72% -8.57%
1994 -1.76% -
1993 -1.22% -
1992 -4.16% -
1991 4.14% -
1990 8.14% -
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 - -
1943 - -0.17%
1942 - 0.31%
1941 - 0.2%
1940 - -0.07%
1939 - 0.19%
1938 - -0.11%
1937 - -0.01%
1936 - 0.08%
1935 - 0.03%
1934 - 0.04%
1933 - -0.03%
1932 - -0.22%
1931 - -0.32%
1930 - -0.26%
1929 - 0.02%
1928 - 0.12%
1927 - 0.15%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1943, retrieved 2026-02-20).

GeoRank.org/economy/burundi/hungary | 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 Hungary's deficit of $10.9B, or 4.92% of GDP.

Over the past 30 years, Burundi recorded a fiscal deficit in 30 of those years, while Hungary ran a deficit in 30 years. On average, Burundi posted an annual deficit equal to 6.28% of GDP, compared to deficit of 5.05% of GDP for Hungary.

Inflation comparison by year

Inflation
Burundi

Hungary
1x
Year Consumer prices inflation
Burundi Hungary
2024 20.2% 3.7%
2023 26.9% 17.1%
2022 18.8% 14.6%
2021 8.4% 5.11%
2020 7.32% 3.33%
2019 -0.69% 3.34%
2018 -2.81% 2.85%
2017 16.1% 2.35%
2016 5.56% 0.39%
2015 5.54% -0.06%
2014 4.41% -0.23%
2013 7.94% 1.73%
2012 18.2% 5.65%
2011 9.59% 3.93%
2010 6.49% 4.86%
2009 10.6% 4.21%
2008 24.4% 6.04%
2007 8.41% 7.96%
2006 2.75% 3.93%
2005 13.3% 3.56%
2004 8.18% 6.74%
2003 10.6% 4.66%
2002 -1.37% 5.27%
2001 9.3% 9.12%
2000 24.4% 9.8%
1999 3.39% 10%
1998 12.5% 14.2%
1997 31.1% 18.3%

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

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

Over the past 28 years, Burundi has recorded an average annual inflation rate of 11.1%, compared with 6.16% in Hungary. In 2024, inflation was 20.2% in Burundi and 3.7% in Hungary.

Top exports between countries

Burundi
Export category Export value
Hungary
Export category Export value
Wood & paper products $127K
Textiles & consumer goods $103K
Machinery & equipment $67K
Chemicals & pharma $5K
Raw materials & minerals $2K
Metals $1K

Balance of trade

Burundi Hungary
Current account balance
-$475M
2024
$3.52B
2024
Current account balance ranking
105/190
2024
36/190
2024
Current account balance, % of GDP
-15.4%
2024
+1.58%
2024
Goods imports
$959M
2024
$130B
2024
Goods exports
$230M
2024
$129B
2024
Service imports
$361M
2024
$27.9B
2024
Service exports
$121M
2024
$38.9B
2024
Imports of goods and services, % of GDP
24.4%
2023
71.1%
2024
Exports of goods and services, % of GDP
5.29%
2023
75.4%
2024

Economic freedom indices

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

Burundi Hungary
Economic freedom 40.2 62.5
Economic freedom ranking 187/197 86/197
Property rights 27.2 67.3
Government integrity 15.5 44
Judicial effectiveness 7.5 61.9
Tax burden 76.1 85.1
Government spending 76.3 30.2
Fiscal health 14.6 32.7
Business freedom 27.2 70.8
Labor freedom 49.9 56.5
Monetary freedom 55.5 72.1
Trade freedom 52.2 79.4
Investment freedom 50 80
Financial freedom 30 70

Economic freedom comparison by year

Burundi
Hungary
1x
Year Economic freedom index
Burundi Hungary
2026 40.2 62.5
2025 39.7 61.4
2024 38.4 61.2
2023 41.9 64.1
2022 39.4 66.9
2021 49.9 67.2
2020 49 66.4
2019 48.9 65
2018 50.9 66.7
2017 53.2 65.8
2016 53.9 66
2015 53.7 66.8
2014 51.4 67
2013 49 67.3
2012 48.1 67.1
2011 49.6 66.6
2010 47.5 66.1
2009 48.8 66.8
2008 46.2 67.6
2007 46.9 64.8
2006 48.7 65
2005 - 63.5
2004 - 62.7
2003 - 63
2002 - 64.5
2001 - 65.6
2000 42.6 64.4
1999 41.1 59.6
1998 44.7 56.9
1997 45.4 55.3
1996 - 56.8
1995 - 55.2

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

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

The Economic Freedom Index for Burundi is 40.2, ranking 187/197, compared to 62.5 for Hungary, ranking 86/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Burundi Hungary
Services, % of GDP
43.2%
2024
59.5%
2024
Industry, % of GDP
17.7%
2024
23.7%
2024
Agriculture, forestry, and fishing, % of GDP
34.9%
2024
2.71%
2024
GNI, Atlas method
$3.61B
2024
$199B
2024
GNI per capita, PPP
$1,200
2024
$47,290
2024
Total reserves including gold
$90.3M
2023
$46.4B
2024
Total reserves ranking
174/177
2023
42/177
2024
Net foreign direct investment
-$24.8M
2024
-$15.8B
2024
Net inflows of foreign direct investment
$33.3M
2024
-$62.2B
2024
Net outflows of foreign direct investment
$8.51M
2024
-$78B
2024
Servicing debt to the IMF, % of GNI
1.16%
2024
n/a
Poverty at national poverty lines
51%
2020
12.1%
2021
Gross capital formation, % of GDP
10%
2023
23.5%
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/hungary | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1927–1999, retrieved 2026-02-20)
  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)

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.