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Economy of Burundi vs Oman compared: GDP & Debt

Updated on by Georank team

Burundi has a GDP of $3.08B compared to $107B for Oman, ranking 169/197 and 70/197 by economy size, respectively.

Burundi has $1.6B in government debt (52% of GDP), compared to $38B (35.5% of GDP) in Oman.

Burundi vs Oman GDP by year

Burundi
Oman
1x
Year GDP, current $
Burundi Oman
2024 $3,082,433,067 $107,137,198,769
2023 $3,430,949,250 $106,174,708,037
2022 $4,036,192,553 $109,852,795,839
2021 $3,435,598,073 $87,323,797,139
2020 $3,227,847,281 $75,909,492,848
2019 $2,871,555,326 $88,060,858,257
2018 $2,913,411,408 $91,505,851,756
2017 $2,831,362,208 $80,856,697,009
2016 $2,618,093,125 $75,128,738,622
2015 $2,810,532,912 $78,710,793,238
2014 $2,705,826,648 $92,699,089,727
2013 $2,451,624,638 $89,936,020,806
2012 $2,327,402,363 $87,408,842,653
2011 $2,235,812,880 $77,497,529,259
2010 $2,032,135,192 $64,993,498,049
2009 $1,775,495,032 $55,454,096,229
2008 $1,611,835,857 $69,804,681,404
2007 $1,356,199,387 $48,300,390,117
2006 $1,273,375,078 $42,577,633,290
2005 $1,117,113,080 $35,506,892,068
2004 $915,257,323 $28,378,933,680
2003 $784,654,424 $24,733,680,104
2002 $825,394,519 $23,065,539,662
2001 $876,794,723 $22,205,721,717
2000 $870,486,066 $22,259,557,867
1999 $808,077,223 $17,832,769,831
1998 $893,770,740 $16,044,213,264
1997 $972,896,268 $18,039,791,938
1996 $869,033,856 $17,402,080,624
1995 $1,000,428,394 $15,722,236,671
1994 $925,030,590 $14,715,214,564
1993 $938,632,612 $14,230,429,129
1992 $1,083,037,671 $14,183,615,085
1991 $1,167,398,478 $12,918,335,501
1990 $1,132,101,253 $13,310,273,082
1989 $1,113,924,130 $9,372,171,651
1988 $1,082,403,219 $8,386,215,865
1987 $1,131,466,494 $7,811,183,095
1986 $1,201,725,497 $7,324,167,369
1985 $1,149,979,286 $10,005,645,420
1984 $987,143,931 $8,821,443,151
1983 $1,082,926,304 $7,932,541,691
1982 $1,013,222,222 $7,554,719,456
1981 $969,046,667 $7,259,120,151
1980 $919,726,667 $5,981,760,278
1979 $782,496,667 $3,733,352,635
1978 $610,225,556 $2,740,301,390
1977 $547,535,556 $2,741,169,948
1976 $448,412,754 $2,560,220,035
1975 $420,986,667 $2,096,699,189
1974 $345,263,492 $1,645,917,776
1973 $304,339,524 $483,066,991
1972 $246,804,571 $366,883,548
1971 $252,842,286 $301,010,587
1970 $242,732,571 $256,319,795
1969 $190,205,714 $239,999,808
1968 $183,200,000 $188,879,849
1967 $178,297,143 $107,151,832
1966 $165,444,571 $67,759,973
1965 $158,994,963 $63,279,975
1964 $260,750,008 $61,872,526
1963 $232,749,998 $59,912,763
1962 $213,500,006 $56,273,202
1961 $202,999,992 $45,634,487
1960 $195,999,990 $44,234,656

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

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

GDP per capita in Burundi vs Oman by year

Burundi
GDP per capita

GDP per capita, PPP
Oman
GDP per capita

GDP per capita, PPP
1x
Year Current $
Burundi Oman
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $219.4 $1,195 $20,285 $41,740
2023 $250.6 $1,150 $21,028 $41,945
2022 $303 $1,105 $23,224 $42,616
2021 $265 $1,036 $19,403 $38,719
2020 $255.8 $958 $16,785 $35,163
2019 $234.3 $868 $19,180 $37,251
2018 $245.7 $823 $19,902 $37,780
2017 $246.1 $791 $17,820 $33,619
2016 $232.9 $764 $17,110 $33,334
2015 $254.4 $722 $18,808 $36,058
2014 $250.5 $724 $23,161 $44,236
2013 $234.8 $687 $23,458 $47,013
2012 $231.1 $637 $24,642 $49,989
2011 $230.1 $629 $25,188 $52,393
2010 $216.7 $614 $23,570 $55,667
2009 $198.4 $605 $20,656 $55,127
2008 $189.5 $609 $26,577 $52,841
2007 $166.2 $594 $18,793 $48,627
2006 $161.9 $580 $16,931 $46,091
2005 $147.2 $553 $14,435 $43,673
2004 $125.2 $552 $11,801 $42,142
2003 $111.4 $532 $10,464 $40,935
2002 $121 $545 $9,869 $41,511
2001 $132.2 $528 $9,612 $41,679
2000 $134.5 $519 $9,754 $39,443
1999 $127.5 $523 $7,915 $36,792
1998 $144.5 $533 $7,219 $36,666
1997 $160.3 $513 $8,235 $36,809
1996 $143.2 $513 $8,068 $34,661
1995 $164.9 $548 $7,414 $33,598
1994 $161.9 $619 $7,068 $31,925
1993 $165.3 $634 $7,039 $30,987
1992 $184.9 $640 $7,318 $29,773
1991 $204.7 $636 $6,977 $28,109
1990 $202.6 $598 $7,546 $26,904
1989 $203.6 - $5,591 -
1988 $201.7 - $5,279 -
1987 $215.6 - $5,204 -
1986 $234.3 - $5,182 -
1985 $228.4 - $7,549 -
1984 $200.4 - $7,070 -
1983 $225.2 - $6,714 -
1982 $216.4 - $6,759 -
1981 $212.2 - $6,866 -
1980 $209.8 - $5,974 -
1979 $186.2 - $3,934 -
1978 $148.8 - $3,044 -
1977 $137.4 - $3,205 -
1976 $115.5 - $3,143 -
1975 $110.9 - $2,692 -
1974 $93.2 - $2,203 -
1973 $84.3 - $670 -
1972 $68.2 - $524 -
1971 $69.9 - $442 -
1970 $68.8 - $387 -
1969 $55.1 - $372 -
1968 $54.2 - $300 -
1967 $54 - $174.7 -
1966 $51.4 - $113.2 -
1965 $50.6 - $108.1 -
1964 $85.3 - $108.1 -
1963 $78.4 - $106.8 -
1962 $73.4 - $102.3 -
1961 $71.6 - $84.5 -
1960 $70.9 - $83.4 -

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

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

Burundi's GDP per capita is $219.4, ranking 197/197, compared to $20,285 in Oman, ranking 57/197. Adjusted for purchasing power (GDP per capita PPP), Burundi ranks 196th at $1,195, while Oman ranks 55th at $41,740.

Economic indicators

Burundi Oman
Gross domestic product
$3.08B
2024
$107B
2024
GDP rank
169/197
2024
70/197
2024
GDP growth
4.11%
2023-2024
1.63%
2023-2024
GDP per capita
$219.4
2024
$20,285
2024
GDP per capita rank
197/197
2024
57/197
2024
GDP per capita, PPP
$1,195
2024
$41,740
2024
GDP per capita PPP rank
196/197
2024
55/197
2024
Government debt
$1.6B
2024
$38B
2024
Debt-to-GDP ratio
52%
2024
35.5%
2024
Government debt per person
$114.1
2024
$7,204
2024
Government debt per person rank
184/185
2024
67/185
2024
Average annual personal income after taxes
$1,228
2026
$20,894
2026
Market capitalization of domestic companies n/a
$22.3B
2022
Number of billionaires n/a
2
2025
Income share by richest 10%
29.9%
2020
n/a
Income share by poorest 10%
2.9%
2020
n/a
Government expenditure, % of GDP
22.3%
2024
28.7%
2024
Consumer prices inflation
20.2%
2023-2024
0.6%
2023-2024
Central bank interest rate n/a
4.5%
2025
Unemployment rate
1.03%
2020
3.3%
2024
Population
14833763
5761708

Spending and national debt comparison by year

Burundi
Spending

Debt
Oman
Spending

Debt
1x
Year % of GDP
Burundi Oman
Government spending Government debt Government spending Government debt
2024 22.3% 52% 28.7% 35.5%
2023 28.4% 58.1% 27.5% 37.5%
2022 33.5% 68.5% 30.9% 41.7%
2021 28.4% 66.5% 36.5% 61.9%
2020 29.2% 65.9% 44.5% 67.9%
2019 28.8% 60.1% 38.8% 52.5%
2018 26% 53% 38.3% 44.7%
2017 24.1% 46.9% 39.4% 40.1%
2016 22.6% 46.1% 44.6% 29.3%
2015 23.2% 39.9% 44.5% 13.9%
2014 28.5% 38% 41.4% 4.04%
2013 34.8% 37.9% 39.3% 4.66%
2012 37.5% 41.4% 38.6% 4.59%
2011 42.2% 42.7% 34.5% 4.44%
2010 40.8% 46.9% 30.6% 5.46%
2009 38% 25.7% 33.4% 5.8%
2008 41.2% 102.5% 25.6% 3.2%
2007 39% 129.6% 30.7% 4.44%
2006 36.5% 130.3% 30.1% 7.56%
2005 33.1% 137% 30.6% 8.39%
2004 39.2% 166.1% 34.1% 14.5%
2003 33.9% 159.9% 34% 13%
2002 21.9% 144.8% 34.1% 15.9%
2001 22.7% 113.6% 33.3% 22.5%
2000 21.7% 120% 31.2% 21.7%
1999 20.5% 140.6% 34.2% 28.9%
1998 19.9% 138.9% 36.1% 30.9%
1997 18.8% 122.8% 32.1% 20.8%
1996 24.4% 139.4% 33.5% 21.2%
1995 22.1% 117.1% 38.2% 21.9%
1994 19.4% 119.6% 39.7% 23.6%
1993 24% 112% 40.1% 22.2%
1992 26.1% 93.5% 40.1% 23.1%
1991 19.2% - 37.4% 22.6%
1990 17.4% - 36.5% 17.8%

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/oman | CC BY

In 2024, Burundi's government spending was $689M, accounting for 22.3% of its GDP, while Oman spent $30.7B, or 28.7% of GDP.

Debt-to-GDP ratio is 52% in Burundi and 35.5% in Oman, ranking 101/185 and 145/185, respectively.

Government deficit by year

Deficit/surplus
Burundi

Oman
1x
Year Deficit/surplus, % of GDP
Burundi Oman
2024 -4.84% 3.31%
2023 -7.7% 6.87%
2022 -10.7% 10.5%
2021 -4.6% -3.17%
2020 -6.58% -15.7%
2019 -6.4% -4.83%
2018 -6.66% -6.72%
2017 -5.01% -10.5%
2016 -7.11% -19.6%
2015 -7.56% -13.5%
2014 -3.93% -1.58%
2013 -1.9% 2.78%
2012 -3.79% 4.07%
2011 -3.49% 8.24%
2010 -3.64% 4.95%
2009 -5.14% -0.27%
2008 -2.7% 14.7%
2007 -2.51% 10.5%
2006 -9.92% 12.2%
2005 -10.6% 11.2%
2004 -14.9% 5.43%
2003 -13.7% 5.92%
2002 -4.9% 5.31%
2001 -7.78% 7.55%
2000 -5.66% 12.2%
1999 -5.33% 0.3%
1998 -4.43% -4.37%
1997 -4.48% 4.77%
1996 -8.61% 2.22%
1995 -3.72% -3.9%
1994 -1.76% -7.47%
1993 -1.22% -6.84%
1992 -4.16% -4.85%
1991 4.14% 0.12%
1990 8.14% 4.78%

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

GeoRank.org/economy/burundi/oman | 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 Oman's surplus of $3.54B, or 3.31% of GDP.

Over the past 35 years, Burundi recorded a fiscal deficit in 33 of those years, while Oman ran a deficit in 14 years. On average, Burundi posted an annual deficit equal to 5.23% of GDP, compared to surplus of 0.99% of GDP for Oman.

Inflation comparison by year

Inflation
Burundi

Oman
1x
Year Consumer prices inflation
Burundi Oman
2024 20.2% 0.6%
2023 26.9% 1%
2022 18.8% 2.5%
2021 8.4% 1.7%
2020 7.32% -0.4%
2019 -0.69% 0.5%
2018 -2.81% 0.7%
2017 16.1% 1.5%
2016 5.56% 0.9%
2015 5.54% 0.1%
2014 4.41% 1.2%
2013 7.94% 1.3%
2012 18.2% 2.9%
2011 9.59% 4.1%
2010 6.49% 3.3%
2009 10.6% 3.5%
2008 24.4% 12.6%
2007 8.41% 5.9%
2006 2.75% 3.2%
2005 13.3% 1.9%
2004 8.18% 0.8%
2003 10.6% 0.2%
2002 -1.37% -0.3%
2001 9.3% -0.8%
2000 24.4% -1.2%
1999 3.39% 0.5%
1998 12.5% 0.4%
1997 31.1% -0.4%

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/oman | CC BY

Over the past 28 years, Burundi has recorded an average annual inflation rate of 11.1%, compared with 1.72% in Oman. In 2024, inflation was 20.2% in Burundi and 0.6% in Oman.

Top exports between countries

Burundi
Export category Export value
Raw agricultural goods $4.32M
Processed food, beverages & tobacco $371K
Animal & marine products $1K
Oman
Export category Export value
Processed food, beverages & tobacco $113K
Machinery & equipment $25K
Miscellaneous $4K
Textiles & consumer goods $1K

Balance of trade

Burundi Oman
Current account balance
-$475M
2024
$3.07B
2024
Current account balance ranking
105/190
2024
39/190
2024
Current account balance, % of GDP
-15.4%
2024
+2.86%
2024
Goods imports
$959M
2024
$39.5B
2024
Goods exports
$230M
2024
$65.2B
2024
Service imports
$361M
2024
$12.8B
2024
Service exports
$121M
2024
$5.64B
2024
Imports of goods and services, % of GDP
24.4%
2023
48.8%
2024
Exports of goods and services, % of GDP
5.29%
2023
66.1%
2024

Economic freedom indices

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

Burundi Oman
Economic freedom 40.2 68.5
Economic freedom ranking 187/197 45/197
Property rights 27.2 71.8
Government integrity 15.5 49.4
Judicial effectiveness 7.5 28
Tax burden 76.1 97.6
Government spending 76.3 74.7
Fiscal health 14.6 97.5
Business freedom 27.2 67.8
Labor freedom 49.9 47.7
Monetary freedom 55.5 79.2
Trade freedom 52.2 78.4
Investment freedom 50 70
Financial freedom 30 60

Economic freedom comparison by year

Burundi
Oman
1x
Year Economic freedom index
Burundi Oman
2026 40.2 68.5
2025 39.7 65.4
2024 38.4 62.9
2023 41.9 58.5
2022 39.4 56.6
2021 49.9 64.6
2020 49 63.6
2019 48.9 61
2018 50.9 61
2017 53.2 62.1
2016 53.9 67.1
2015 53.7 66.7
2014 51.4 67.4
2013 49 68.1
2012 48.1 67.9
2011 49.6 69.8
2010 47.5 67.7
2009 48.8 67
2008 46.2 67.3
2007 46.9 65.8
2006 48.7 63.7
2005 - 66.5
2004 - 66.9
2003 - 64.6
2002 - 64
2001 - 67.7
2000 42.6 64.1
1999 41.1 64.9
1998 44.7 64.9
1997 45.4 64.5
1996 - 65.4
1995 - 70.2

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

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

The Economic Freedom Index for Burundi is 40.2, ranking 187/197, compared to 68.5 for Oman, ranking 45/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Burundi Oman
Services, % of GDP
43.2%
2024
46%
2024
Industry, % of GDP
17.7%
2024
54.2%
2024
Agriculture, forestry, and fishing, % of GDP
34.9%
2024
2.6%
2024
GNI, Atlas method
$3.61B
2024
$103B
2024
GNI per capita, PPP
$1,200
2024
$39,340
2024
Total reserves including gold
$90.3M
2023
$18.3B
2024
Total reserves ranking
174/177
2023
64/177
2024
Net foreign direct investment
-$24.8M
2024
-$12.6B
2024
Net inflows of foreign direct investment
$33.3M
2024
$12.5B
2024
Net outflows of foreign direct investment
$8.51M
2024
-$143M
2024
Servicing debt to the IMF, % of GNI
1.16%
2024
n/a
Poverty at national poverty lines
51%
2020
n/a
Gross capital formation, % of GDP
10%
2023
24.8%
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/oman | 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. TradeMap (2021–2024, 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.