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Economy of Burundi vs Philippines compared: GDP & Debt

Updated on by Georank team

Burundi has a GDP of $3.08B compared to $462B for the Philippines, ranking 169/197 and 35/197 by economy size, respectively.

Burundi has $1.6B in government debt (52% of GDP), compared to $261B (56.6% of GDP) in the Philippines.

Burundi vs Philippines GDP by year

Burundi
Philippines
1x
Year GDP, current $
Burundi Philippines
2024 $3,082,433,067 $461,617,509,782
2023 $3,430,949,250 $437,055,627,244
2022 $4,036,192,553 $404,353,369,605
2021 $3,435,598,073 $394,087,359,848
2020 $3,227,847,281 $361,751,145,452
2019 $2,871,555,326 $376,823,402,239
2018 $2,913,411,408 $346,841,896,587
2017 $2,831,362,208 $328,480,736,803
2016 $2,618,093,125 $318,627,003,017
2015 $2,810,532,912 $306,445,871,242
2014 $2,705,826,648 $297,483,555,338
2013 $2,451,624,638 $283,902,828,589
2012 $2,327,402,363 $261,920,540,963
2011 $2,235,812,880 $234,216,730,291
2010 $2,032,135,192 $208,368,893,151
2009 $1,775,495,032 $175,974,755,881
2008 $1,611,835,857 $181,624,626,327
2007 $1,356,199,387 $155,980,408,673
2006 $1,273,375,078 $127,652,926,368
2005 $1,117,113,080 $107,419,977,318
2004 $915,257,323 $95,001,999,685
2003 $784,654,424 $87,039,092,974
2002 $825,394,519 $84,307,345,888
2001 $876,794,723 $78,921,234,458
2000 $870,486,066 $83,669,788,377
1999 $808,077,223 $85,640,171,045
1998 $893,770,740 $74,492,416,330
1997 $972,896,268 $94,106,317,565
1996 $869,033,856 $94,648,084,429
1995 $1,000,428,394 $84,644,328,727
1994 $925,030,590 $73,159,336,915
1993 $938,632,612 $62,036,529,147
1992 $1,083,037,671 $60,422,328,242
1991 $1,167,398,478 $51,784,144,943
1990 $1,132,101,253 $50,508,286,642
1989 $1,113,924,130 $48,513,773,721
1988 $1,082,403,219 $43,152,128,959
1987 $1,131,466,494 $37,791,488,666
1986 $1,201,725,497 $33,987,207,295
1985 $1,149,979,286 $34,961,486,348
1984 $987,143,931 $35,730,185,634
1983 $1,082,926,304 $37,759,179,895
1982 $1,013,222,222 $42,206,011,275
1981 $969,046,667 $40,499,388,869
1980 $919,726,667 $36,848,080,899
1979 $782,496,667 $31,218,296,292
1978 $610,225,556 $25,762,224,563
1977 $547,535,556 $22,283,109,803
1976 $448,412,754 $19,381,055,197
1975 $420,986,667 $16,875,240,684
1974 $345,263,492 $15,607,882,555
1973 $304,339,524 $11,412,449,735
1972 $246,804,571 $9,067,815,521
1971 $252,842,286 $8,375,075,630
1970 $242,732,571 $7,559,115,517
1969 $190,205,714 $9,571,800,653
1968 $183,200,000 $8,632,749,269
1967 $178,297,143 $7,724,873,935
1966 $165,444,571 $7,189,017,888
1965 $158,994,963 $6,517,349,772
1964 $260,750,008 $5,953,756,195
1963 $232,749,998 $5,505,023,238
1962 $213,500,006 $4,954,593,072
1961 $202,999,992 $8,171,194,425
1960 $195,999,990 $7,515,894,111

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

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

GDP per capita in Burundi vs Philippines by year

Burundi
GDP per capita

GDP per capita, PPP
Philippines
GDP per capita

GDP per capita, PPP
1x
Year Current $
Burundi Philippines
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $219.4 $1,195 $3,985 $11,794
2023 $250.6 $1,150 $3,804 $10,986
2022 $303 $1,105 $3,548 $10,131
2021 $265 $1,036 $3,484 $8,858
2020 $255.8 $958 $3,228 $8,238
2019 $234.3 $868 $3,401 $8,924
2018 $245.7 $823 $3,169 $8,358
2017 $246.1 $791 $3,038 $7,774
2016 $232.9 $764 $2,985 $7,383
2015 $254.4 $722 $2,910 $6,894
2014 $250.5 $724 $2,867 $6,689
2013 $234.8 $687 $2,781 $6,373
2012 $231.1 $637 $2,615 $6,094
2011 $230.1 $629 $2,384 $5,705
2010 $216.7 $614 $2,163 $5,489
2009 $198.4 $605 $1,864 $5,157
2008 $189.5 $609 $1,959 $5,144
2007 $166.2 $594 $1,713 $4,923
2006 $161.9 $580 $1,426 $4,579
2005 $147.2 $553 $1,220 $4,289
2004 $125.2 $552 $1,100 $4,037
2003 $111.4 $532 $1,027 $3,761
2002 $121 $545 $1,015 $3,580
2001 $132.2 $528 $970 $3,469
2000 $134.5 $519 $1,051 $3,366
1999 $127.5 $523 $1,101 $3,229
1998 $144.5 $533 $983 $3,160
1997 $160.3 $513 $1,273 $3,221
1996 $143.2 $513 $1,311 $3,082
1995 $164.9 $548 $1,200 $2,926
1994 $161.9 $619 $1,060 $2,800
1993 $165.3 $634 $919 $2,684
1992 $184.9 $640 $917 $2,629
1991 $204.7 $636 $804 $2,621
1990 $202.6 $598 $804 $2,608
1989 $203.6 - $792 -
1988 $201.7 - $722 -
1987 $215.6 - $650 -
1986 $234.3 - $600 -
1985 $228.4 - $633 -
1984 $200.4 - $665 -
1983 $225.2 - $723 -
1982 $216.4 - $833 -
1981 $212.2 - $821 -
1980 $209.8 - $767 -
1979 $186.2 - $667 -
1978 $148.8 - $565 -
1977 $137.4 - $502 -
1976 $115.5 - $449 -
1975 $110.9 - $401 -
1974 $93.2 - $379 -
1973 $84.3 - $283.2 -
1972 $68.2 - $230.1 -
1971 $69.9 - $217.4 -
1970 $68.8 - $200.9 -
1969 $55.1 - $261.1 -
1968 $54.2 - $242.2 -
1967 $54 - $223.1 -
1966 $51.4 - $213.8 -
1965 $50.6 - $199.8 -
1964 $85.3 - $188.2 -
1963 $78.4 - $179.5 -
1962 $73.4 - $166.7 -
1961 $71.6 - $283.8 -
1960 $70.9 - $269.5 -

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

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

Burundi's GDP per capita is $219.4, ranking 197/197, compared to $3,985 in the Philippines, ranking 130/197. Adjusted for purchasing power (GDP per capita PPP), Burundi ranks 196th at $1,195, while the Philippines ranks 127th at $11,794.

Economic indicators

Burundi Philippines
Gross domestic product
$3.08B
2024
$462B
2024
GDP rank
169/197
2024
35/197
2024
GDP growth
4.11%
2023-2024
5.69%
2023-2024
GDP per capita
$219.4
2024
$3,985
2024
GDP per capita rank
197/197
2024
130/197
2024
GDP per capita, PPP
$1,195
2024
$11,794
2024
GDP per capita PPP rank
196/197
2024
127/197
2024
Government debt
$1.6B
2024
$261B
2024
Debt-to-GDP ratio
52%
2024
56.6%
2024
Government debt per person
$114.1
2024
$2,257
2024
Government debt per person rank
184/185
2024
117/185
2024
Average annual personal income after taxes
$1,228
2026
$3,407
2026
Market capitalization of domestic companies n/a
$252B
2024
Number of billionaires n/a
15
2025
Income share by richest 10%
29.9%
2020
31.6%
2023
Income share by poorest 10%
2.9%
2020
2.9%
2023
Government expenditure, % of GDP
22.3%
2024
24.9%
2024
Consumer prices inflation
20.2%
2023-2024
3.21%
2023-2024
Central bank interest rate n/a
4.75%
2025
Unemployment rate
1.03%
2020
2.41%
2023
Population
14833763
117991570

Spending and national debt comparison by year

Burundi
Spending

Debt
Philippines
Spending

Debt
1x
Year % of GDP
Burundi Philippines
Government spending Government debt Government spending Government debt
2024 22.3% 52% 24.9% 56.6%
2023 28.4% 58.1% 24.7% 56.5%
2022 33.5% 68.5% 25.9% 57.4%
2021 28.4% 66.5% 27.2% 57%
2020 29.2% 65.9% 25.9% 51.6%
2019 28.8% 60.1% 21.7% 37%
2018 26% 53% 20.9% 37.1%
2017 24.1% 46.9% 19.5% 38.1%
2016 22.6% 46.1% 19% 37.4%
2015 23.2% 39.9% 17.8% 39.7%
2014 28.5% 38% 16.8% 40.3%
2013 34.8% 37.9% 17.3% 43.9%
2012 37.5% 41.4% 17.7% 45.7%
2011 42.2% 42.7% 17.2% 45.4%
2010 40.8% 46.9% 18.3% 47.6%
2009 38% 25.7% 19.2% 49.8%
2008 41.2% 102.5% 17.9% 50%
2007 39% 129.6% 18.2% 50.2%
2006 36.5% 130.3% 18.3% 57.2%
2005 33.1% 137% 18.7% 64.7%
2004 39.2% 166.1% 19.4% 71.1%
2003 33.9% 159.9% 20.4% 71.4%
2002 21.9% 144.8% 20.6% 65.2%
2001 22.7% 113.6% 21% 59.5%
2000 21.7% 120% 20.8% 59.2%
1999 20.5% 140.6% 20.7% 54.2%
1998 19.9% 138.9% 20.3% 50.8%
1997 18.8% 122.8% 20.3% 56.9%
1996 24.4% 139.4% 19.6% 53.1%
1995 22.1% 117.1% 19.1% 60.8%
1994 19.4% 119.6% 19.7% 63.6%
1993 24% 112% 17.6% 73.9%
1992 26.1% 93.5% 18.4% 53.9%
1991 19.2% - 18% 55.6%
1990 17.4% - 18.8% 56.2%
1989 - - 15.7% 55.2%
1988 - - 15.9% 69%
1987 - - 15.7% 79.2%
1986 - - 13.5% 77.7%
1985 - - 11.3% 53.1%
1984 - - 10.1% 45.8%
1983 - - 12.2% 43.1%
1982 - - 12.8% 32.9%
1981 - - 13.7% 27.6%
1980 - - 13.4% 24.8%
1979 - - 11.9% 22.5%
1978 - - 13.3% 23.1%
1977 - - 13.3% 19.8%
1976 - - 13.8% 16.8%
1975 - - 15.1% 13%
1974 - - 10.7% 13.4%
1973 - - 14% 11.5%
1972 - - 13.4% 14.2%
1971 - - 11.2% 14.8%
1970 - - 10.4% 16.8%
1969 - - 11.5% 16.4%
1968 - - 11.2% 15.7%
1967 - - 10.2% 15.4%
1966 - - 9.77% 14.4%
1965 - - 9.48% 15%
1964 - - 9.66% 14.2%
1963 - - 10.4% 14.1%
1962 - - 10.8% 15.9%
1961 - - 9.6% 16.5%
1960 - - 10.1% 16.6%

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/philippines | CC BY

In 2024, Burundi's government spending was $689M, accounting for 22.3% of its GDP, while the Philippines spent $115B, or 24.9% of GDP.

Debt-to-GDP ratio is 52% in Burundi and 56.6% in the Philippines, ranking 101/185 and 93/185, respectively.

Government deficit by year

Deficit/surplus
Burundi

Philippines
1x
Year Deficit/surplus, % of GDP
Burundi Philippines
2024 -4.84% -3.78%
2023 -7.7% -4.38%
2022 -10.7% -5.48%
2021 -4.6% -6.23%
2020 -6.58% -5.55%
2019 -6.4% -1.5%
2018 -6.66% -1.48%
2017 -5.01% -0.75%
2016 -7.11% -0.74%
2015 -7.56% 0.14%
2014 -3.93% 1.32%
2013 -1.9% 0.37%
2012 -3.79% -0.22%
2011 -3.49% -0.38%
2010 -3.64% -2.25%
2009 -5.14% -2.57%
2008 -2.7% 0.02%
2007 -2.51% -0.28%
2006 -9.92% -0.05%
2005 -10.6% -1.62%
2004 -14.9% -2.81%
2003 -13.7% -3.49%
2002 -4.9% -3.71%
2001 -7.78% -3.49%
2000 -5.66% -3.27%
1999 -5.33% -2.29%
1998 -4.43% -1.31%
1997 -4.48% 0.37%
1996 -8.61% 0.54%
1995 -3.72% -0.02%
1994 -1.76% -0.44%
1993 -1.22% 0.63%
1992 -4.16% -0.43%
1991 4.14% -0.26%
1990 8.14% -1.52%
1989 - -1.64%
1988 - -2.71%
1987 - -1.06%
1986 - -0.55%
1985 - 0.71%
1984 - 0.64%
1983 - 0.1%
1982 - -0.88%
1981 - -1.09%
1980 - 0.56%
1979 - 1.54%
1978 - 0.05%
1977 - -0.42%
1976 - -0.55%
1975 - 0.13%
1974 - 5.94%
1973 - 2.49%
1972 - 3.39%
1971 - -0.96%
1970 - -0.31%
1969 - -2.67%
1968 - -2.33%
1967 - -1.35%
1966 - -0.74%
1965 - -1.53%
1964 - -0.99%
1963 - -0.68%
1962 - -0.43%
1961 - -0.29%
1960 - -1.06%
1959 - -0.15%
1958 - -0.21%
1957 - -0.56%
1956 - -0.77%
1955 - -1.3%
1954 - -0.79%
1953 - -0.88%
1952 - 0.49%
1951 - 1.5%
1950 - -0.19%
1949 - -2.33%
1948 - -0.65%
1947 - 0.05%
1946 - -2.54%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1946–1989, retrieved 2026-02-20).

GeoRank.org/economy/burundi/philippines | 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 the Philippines' deficit of $17.5B, or 3.78% of GDP.

Over the past 35 years, Burundi recorded a fiscal deficit in 33 of those years, while the Philippines ran a deficit in 28 years. On average, Burundi posted an annual deficit equal to 5.23% of GDP, compared to deficit of 1.63% of GDP for the Philippines.

Inflation comparison by year

Inflation
Burundi

Philippines
1x
Year Consumer prices inflation
Burundi Philippines
2024 20.2% 3.21%
2023 26.9% 5.98%
2022 18.8% 5.82%
2021 8.4% 3.93%
2020 7.32% 2.39%
2019 -0.69% 2.39%
2018 -2.81% 5.31%
2017 16.1% 2.85%
2016 5.56% 1.25%
2015 5.54% 0.67%
2014 4.41% 3.6%
2013 7.94% 2.58%
2012 18.2% 3.03%
2011 9.59% 4.72%
2010 6.49% 3.79%
2009 10.6% 4.22%
2008 24.4% 8.26%
2007 8.41% 2.9%
2006 2.75% 5.49%
2005 13.3% 6.52%
2004 8.18% 4.83%
2003 10.6% 2.29%
2002 -1.37% 2.72%
2001 9.3% 5.35%
2000 24.4% 3.98%
1999 3.39% 5.94%
1998 12.5% 9.23%
1997 31.1% 5.59%

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

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

Over the past 28 years, Burundi has recorded an average annual inflation rate of 11.1%, compared with 4.24% in the Philippines. In 2024, inflation was 20.2% in Burundi and 3.21% in the Philippines.

Top exports between countries

Burundi
Export category Export value
Miscellaneous $1K
Raw materials & minerals $1K
Philippines
Export category Export value
Wood & paper products $126K
Textiles & consumer goods $43K
Processed food, beverages & tobacco $7K
Chemicals & pharma $3K
Machinery & equipment $2K

Balance of trade

Burundi Philippines
Current account balance
-$475M
2024
-$18.3B
2024
Current account balance ranking
105/190
2024
183/190
2024
Current account balance, % of GDP
-15.4%
2024
-3.96%
2024
Goods imports
$959M
2024
$124B
2024
Goods exports
$230M
2024
$55.1B
2024
Service imports
$361M
2024
$37.6B
2024
Service exports
$121M
2024
$51.6B
2024
Imports of goods and services, % of GDP
24.4%
2023
40.1%
2024
Exports of goods and services, % of GDP
5.29%
2023
25.8%
2024

Economic freedom indices

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

Burundi Philippines
Economic freedom 40.2 62.9
Economic freedom ranking 187/197 85/197
Property rights 27.2 45.8
Government integrity 15.5 35.4
Judicial effectiveness 7.5 41.8
Tax burden 76.1 78.3
Government spending 76.3 81
Fiscal health 14.6 60.5
Business freedom 27.2 69.2
Labor freedom 49.9 57.8
Monetary freedom 55.5 72.1
Trade freedom 52.2 83
Investment freedom 50 70
Financial freedom 30 60

Economic freedom comparison by year

Burundi
Philippines
1x
Year Economic freedom index
Burundi Philippines
2026 40.2 62.9
2025 39.7 60.6
2024 38.4 59
2023 41.9 59.3
2022 39.4 61.1
2021 49.9 64.1
2020 49 64.5
2019 48.9 63.8
2018 50.9 65
2017 53.2 65.6
2016 53.9 63.1
2015 53.7 62.2
2014 51.4 60.1
2013 49 58.2
2012 48.1 57.1
2011 49.6 56.2
2010 47.5 56.3
2009 48.8 56.8
2008 46.2 56
2007 46.9 56
2006 48.7 56.3
2005 - 54.7
2004 - 59.1
2003 - 61.3
2002 - 60.7
2001 - 60.9
2000 42.6 62.5
1999 41.1 61.9
1998 44.7 62.8
1997 45.4 62.2
1996 - 60.2
1995 - 55

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

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

The Economic Freedom Index for Burundi is 40.2, ranking 187/197, compared to 62.9 for the Philippines, ranking 85/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Burundi Philippines
Services, % of GDP
43.2%
2024
63.2%
2024
Industry, % of GDP
17.7%
2024
27.7%
2024
Agriculture, forestry, and fishing, % of GDP
34.9%
2024
9.08%
2024
GNI, Atlas method
$3.61B
2024
$518B
2024
GNI per capita, PPP
$1,200
2024
$13,330
2024
Total reserves including gold
$90.3M
2023
$106B
2024
Total reserves ranking
174/177
2023
27/177
2024
Net foreign direct investment
-$24.8M
2024
-$6.57B
2024
Net inflows of foreign direct investment
$33.3M
2024
$9.44B
2024
Net outflows of foreign direct investment
$8.51M
2024
$2.87B
2024
Servicing debt to the IMF, % of GNI
1.16%
2024
3.45%
2024
Poverty at national poverty lines
51%
2020
15.5%
2023
Gross capital formation, % of GDP
10%
2023
23.7%
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/philippines | 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 (1946–1999, 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)

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.