Skip to content

Economy of Burundi vs Laos compared: GDP & Debt

Updated on by Georank team

Burundi has a GDP of $3.08B compared to $16.5B for Laos, ranking 169/197 and 139/197 by economy size, respectively.

Burundi has $1.6B in government debt (52% of GDP), compared to $16.6B (100.5% of GDP) in Laos.

Burundi vs Laos GDP by year

Burundi
Laos
1x
Year GDP, current $
Burundi Laos
2024 $3,082,433,067 $16,502,933,121
2023 $3,430,949,250 $15,843,155,731
2022 $4,036,192,553 $15,468,785,204
2021 $3,435,598,073 $18,827,148,531
2020 $3,227,847,281 $18,981,805,250
2019 $2,871,555,326 $18,740,561,513
2018 $2,913,411,408 $18,141,641,090
2017 $2,831,362,208 $17,071,155,481
2016 $2,618,093,125 $15,912,501,723
2015 $2,810,532,912 $14,426,380,126
2014 $2,705,826,648 $13,279,245,886
2013 $2,451,624,638 $11,983,252,627
2012 $2,327,402,363 $10,192,846,339
2011 $2,235,812,880 $8,750,104,617
2010 $2,032,135,192 $7,131,771,015
2009 $1,775,495,032 $5,836,137,330
2008 $1,611,835,857 $5,446,433,157
2007 $1,356,199,387 $4,223,152,739
2006 $1,273,375,078 $3,455,030,061
2005 $1,117,113,080 $2,735,558,735
2004 $915,257,323 $2,366,398,120
2003 $784,654,424 $2,023,324,407
2002 $825,394,519 $1,758,176,653
2001 $876,794,723 $1,768,619,058
2000 $870,486,066 $1,731,198,022
1999 $808,077,223 $1,454,430,642
1998 $893,770,740 $1,280,177,839
1997 $972,896,268 $1,747,011,857
1996 $869,033,856 $1,873,671,550
1995 $1,000,428,394 $1,763,536,305
1994 $925,030,590 $1,543,606,345
1993 $938,632,612 $1,327,748,690
1992 $1,083,037,671 $1,127,806,945
1991 $1,167,398,478 $1,028,087,972
1990 $1,132,101,253 $865,559,879
1989 $1,113,924,130 $714,046,821
1988 $1,082,403,219 $598,961,269
1987 $1,131,466,494 $1,087,273,104
1986 $1,201,725,497 $1,776,842,097
1985 $1,149,979,286 $2,366,666,616
1984 $987,143,931 $1,757,142,856
1983 $1,082,926,304 -
1982 $1,013,222,222 -
1981 $969,046,667 -
1980 $919,726,667 -
1979 $782,496,667 -
1978 $610,225,556 -
1977 $547,535,556 -
1976 $448,412,754 -
1975 $420,986,667 -
1974 $345,263,492 -
1973 $304,339,524 -
1972 $246,804,571 -
1971 $252,842,286 -
1970 $242,732,571 -
1969 $190,205,714 -
1968 $183,200,000 -
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/laos | CC BY

GDP per capita in Burundi vs Laos by year

Burundi
GDP per capita

GDP per capita, PPP
Laos
GDP per capita

GDP per capita, PPP
1x
Year Current $
Burundi Laos
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $219.4 $1,195 $2,124 $9,776
2023 $250.6 $1,150 $2,067 $9,292
2022 $303 $1,105 $2,046 $8,766
2021 $265 $1,036 $2,526 $8,080
2020 $255.8 $958 $2,584 $7,913
2019 $234.3 $868 $2,589 $7,743
2018 $245.7 $823 $2,545 $7,487
2017 $246.1 $791 $2,432 $7,142
2016 $232.9 $764 $2,303 $6,743
2015 $254.4 $722 $2,121 $6,086
2014 $250.5 $724 $1,981 $5,799
2013 $234.8 $687 $1,813 $5,222
2012 $231.1 $637 $1,564 $4,781
2011 $230.1 $629 $1,362 $4,100
2010 $216.7 $614 $1,126 $3,772
2009 $198.4 $605 $935 $3,485
2008 $189.5 $609 $886 $3,271
2007 $166.2 $594 $697 $3,021
2006 $161.9 $580 $579 $2,777
2005 $147.2 $553 $466 $2,519
2004 $125.2 $552 $409 $2,315
2003 $111.4 $532 $355 $2,151
2002 $121 $545 $313 $2,020
2001 $132.2 $528 $320 $1,908
2000 $134.5 $519 $319 $1,794
1999 $127.5 $523 $272.3 $1,686
1998 $144.5 $533 $243.9 $1,577
1997 $160.3 $513 $339 $1,528
1996 $143.2 $513 $371 $1,435
1995 $164.9 $548 $358 $1,349
1994 $161.9 $619 $321 $1,265
1993 $165.3 $634 $283.4 $1,176
1992 $184.9 $640 $247.3 $1,114
1991 $204.7 $636 $231.8 $1,061
1990 $202.6 $598 $200.7 $1,012
1989 $203.6 - $170.4 -
1988 $201.7 - $147.1 -
1987 $215.6 - $274.7 -
1986 $234.3 - $462 -
1985 $228.4 - $633 -
1984 $200.4 - $483 -
1983 $225.2 - - -
1982 $216.4 - - -
1981 $212.2 - - -
1980 $209.8 - - -
1979 $186.2 - - -
1978 $148.8 - - -
1977 $137.4 - - -
1976 $115.5 - - -
1975 $110.9 - - -
1974 $93.2 - - -
1973 $84.3 - - -
1972 $68.2 - - -
1971 $69.9 - - -
1970 $68.8 - - -
1969 $55.1 - - -
1968 $54.2 - - -
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/laos | CC BY

Burundi's GDP per capita is $219.4, ranking 197/197, compared to $2,124 in Laos, ranking 155/197. Adjusted for purchasing power (GDP per capita PPP), Burundi ranks 196th at $1,195, while Laos ranks 134th at $9,776.

Economic indicators

Burundi Laos
Gross domestic product
$3.08B
2024
$16.5B
2024
GDP rank
169/197
2024
139/197
2024
GDP growth
4.11%
2023-2024
4.13%
2023-2024
GDP per capita
$219.4
2024
$2,124
2024
GDP per capita rank
197/197
2024
155/197
2024
GDP per capita, PPP
$1,195
2024
$9,776
2024
GDP per capita PPP rank
196/197
2024
134/197
2024
Government debt
$1.6B
2024
$16.6B
2024
Debt-to-GDP ratio
52%
2024
100.5%
2024
Government debt per person
$114.1
2024
$2,134
2024
Government debt per person rank
184/185
2024
119/185
2024
Average annual personal income after taxes
$1,228
2026
$2,096
2026
Income share by richest 10%
29.9%
2020
31.2%
2018
Income share by poorest 10%
2.9%
2020
3%
2018
Government expenditure, % of GDP
22.3%
2024
15.7%
2024
Consumer prices inflation
20.2%
2023-2024
23.1%
2023-2024
Unemployment rate
1.03%
2020
1.21%
2022
Population
14833763
8004838

Spending and national debt comparison by year

Burundi
Spending

Debt
Laos
Spending

Debt
1x
Year % of GDP
Burundi Laos
Government spending Government debt Government spending Government debt
2024 22.3% 52% 15.7% 100.5%
2023 28.4% 58.1% 16.4% 116.5%
2022 33.5% 68.5% 14.7% 130.7%
2021 28.4% 66.5% 15.7% 92.9%
2020 29.2% 65.9% 18.4% 76%
2019 28.8% 60.1% 18.6% 69.1%
2018 26% 53% 20.7% 60.6%
2017 24.1% 46.9% 21.8% 57.2%
2016 22.6% 46.1% 21.1% 54.5%
2015 23.2% 39.9% 25.8% 53.1%
2014 28.5% 38% 25% 53.5%
2013 34.8% 37.9% 24.2% 49.5%
2012 37.5% 41.4% 24.7% 46.1%
2011 42.2% 42.7% 20.2% 43%
2010 40.8% 46.9% 22.4% 49.3%
2009 38% 25.7% 20.1% 51.8%
2008 41.2% 102.5% 16.1% 51.7%
2007 39% 129.6% 15.1% 55.9%
2006 36.5% 130.3% 14.7% 60%
2005 33.1% 137% 15.3% 73.2%
2004 39.2% 166.1% 13.6% 80.7%
2003 33.9% 159.9% 16% 90.1%
2002 21.9% 144.8% 16.6% 95.3%
2001 22.7% 113.6% 18.8% 94.7%
2000 21.7% 120% 19.9% -
1999 20.5% 140.6% - -
1998 19.9% 138.9% - -
1997 18.8% 122.8% - -
1996 24.4% 139.4% - -
1995 22.1% 117.1% - -
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/laos | CC BY

In 2024, Burundi's government spending was $689M, accounting for 22.3% of its GDP, while Laos spent $2.58B, or 15.7% of GDP.

Debt-to-GDP ratio is 52% in Burundi and 100.5% in Laos, ranking 101/185 and 24/185, respectively.

Government deficit by year

Deficit/surplus
Burundi

Laos
1x
Year Deficit/surplus, % of GDP
Burundi Laos
2024 -4.84% 2.34%
2023 -7.7% -0.01%
2022 -10.7% 0.06%
2021 -4.6% -0.67%
2020 -6.58% -5.37%
2019 -6.4% -3.2%
2018 -6.66% -4.46%
2017 -5.01% -5.51%
2016 -7.11% -5.06%
2015 -7.56% -5.57%
2014 -3.93% -3.13%
2013 -1.9% -4.03%
2012 -3.79% -2.34%
2011 -3.49% -1.43%
2010 -3.64% -1.47%
2009 -5.14% -3.1%
2008 -2.7% -1.86%
2007 -2.51% -1.12%
2006 -9.92% -1.48%
2005 -10.6% -2.54%
2004 -14.9% -1.81%
2003 -13.7% -3.89%
2002 -4.9% -2.85%
2001 -7.78% -3.68%
2000 -5.66% -3.58%
1999 -5.33% -
1998 -4.43% -
1997 -4.48% -
1996 -8.61% -
1995 -3.72% -
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/laos | 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 Laos' surplus of $386M, or 2.34% of GDP.

Over the past 25 years, Burundi recorded a fiscal deficit in 25 of those years, while Laos ran a deficit in 23 years. On average, Burundi posted an annual deficit equal to 6.47% of GDP, compared to deficit of 2.63% of GDP for Laos.

Inflation comparison by year

Inflation
Burundi

Laos
1x
Year Consumer prices inflation
Burundi Laos
2024 20.2% 23.1%
2023 26.9% 31.2%
2022 18.8% 23%
2021 8.4% 3.8%
2020 7.32% 5.1%
2019 -0.69% 3.3%
2018 -2.81% 2%
2017 16.1% 0.8%
2016 5.56% 1.6%
2015 5.54% 1.3%
2014 4.41% 4.1%
2013 7.94% 6.4%
2012 18.2% 4.3%
2011 9.59% 7.6%
2010 6.49% 6%
2009 10.6% 0.1%
2008 24.4% 7.6%
2007 8.41% 4.7%
2006 2.75% 6.5%
2005 13.3% 7.2%
2004 8.18% 10.5%
2003 10.6% 15.5%
2002 -1.37% 10.6%
2001 9.3% 7.8%
2000 24.4% 8.4%
1999 3.39% 128.4%
1998 12.5% 90.1%
1997 31.1% 19.5%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Burundi has recorded an average annual inflation rate of 11.1%, compared with 15.7% in Laos. In 2024, inflation was 20.2% in Burundi and 23.1% in Laos.

Balance of trade

Burundi Laos
Current account balance
-$475M
2024
$531M
2024
Current account balance ranking
105/190
2024
61/190
2024
Current account balance, % of GDP
-15.4%
2024
+3.22%
2024
Goods imports
$959M
2024
$8.66B
2024
Goods exports
$230M
2024
$9.39B
2024
Service imports
$361M
2024
$1.27B
2024
Service exports
$121M
2024
$1.73B
2024
Imports of goods and services, % of GDP
24.4%
2023
41.9%
2016
Exports of goods and services, % of GDP
5.29%
2023
33.2%
2016

Economic freedom indices

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

Burundi Laos
Economic freedom 40.2 50.9
Economic freedom ranking 187/197 157/197
Property rights 27.2 41.1
Government integrity 15.5 25.9
Judicial effectiveness 7.5 10.2
Tax burden 76.1 88.5
Government spending 76.3 92.7
Fiscal health 14.6 80
Business freedom 27.2 54.2
Labor freedom 49.9 40.7
Monetary freedom 55.5 53.3
Trade freedom 52.2 69
Investment freedom 50 35
Financial freedom 30 20

Economic freedom comparison by year

Burundi
Laos
1x
Year Economic freedom index
Burundi Laos
2026 40.2 50.9
2025 39.7 51.1
2024 38.4 50.6
2023 41.9 50.3
2022 39.4 49.2
2021 49.9 53.9
2020 49 55.5
2019 48.9 57.4
2018 50.9 53.6
2017 53.2 54
2016 53.9 49.8
2015 53.7 51.4
2014 51.4 51.2
2013 49 50.1
2012 48.1 50
2011 49.6 51.3
2010 47.5 51.1
2009 48.8 50.4
2008 46.2 50.3
2007 46.9 50.3
2006 48.7 47.5
2005 - 44.4
2004 - 42
2003 - 41
2002 - 36.8
2001 - 33.5
2000 42.6 36.8
1999 41.1 35.2
1998 44.7 35.2
1997 45.4 35.1
1996 - 38.5

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

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

The Economic Freedom Index for Burundi is 40.2, ranking 187/197, compared to 50.9 for Laos, ranking 157/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Burundi Laos
Services, % of GDP
43.2%
2024
43.5%
2024
Industry, % of GDP
17.7%
2024
29%
2024
Agriculture, forestry, and fishing, % of GDP
34.9%
2024
16.8%
2024
GNI, Atlas method
$3.61B
2024
$15.5B
2024
GNI per capita, PPP
$1,200
2024
$9,160
2024
Total reserves including gold
$90.3M
2023
$1.77B
2023
Total reserves ranking
174/177
2023
129/177
2023
Net foreign direct investment
-$24.8M
2024
-$988M
2024
Net inflows of foreign direct investment
$33.3M
2024
$988M
2024
Net outflows of foreign direct investment
$8.51M
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.16%
2024
13.8%
2024
Poverty at national poverty lines
51%
2020
22%
2020
Gross capital formation, % of GDP
10%
2023
29%
2016

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/laos | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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 (1996–2026, 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)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.