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Economy of Burundi vs Singapore compared: GDP & Debt

Updated on by Georank team

Burundi has a GDP of $3.08B compared to $547B for Singapore, ranking 169/197 and 28/197 by economy size, respectively.

Burundi has $1.6B in government debt (52% of GDP), compared to $950B (173.5% of GDP) in Singapore.

Burundi vs Singapore GDP by year

Burundi
Singapore
1x
Year GDP, current $
Burundi Singapore
2024 $3,082,433,067 $547,386,645,892
2023 $3,430,949,250 $505,439,514,078
2022 $4,036,192,553 $509,017,841,147
2021 $3,435,598,073 $436,591,382,250
2020 $3,227,847,281 $349,165,858,545
2019 $2,871,555,326 $376,161,998,830
2018 $2,913,411,408 $377,123,710,561
2017 $2,831,362,208 $343,673,334,902
2016 $2,618,093,125 $319,646,468,521
2015 $2,810,532,912 $307,998,545,269
2014 $2,705,826,648 $314,863,580,758
2013 $2,451,624,638 $307,576,360,585
2012 $2,327,402,363 $295,092,888,077
2011 $2,235,812,880 $279,356,499,090
2010 $2,032,135,192 $239,807,980,591
2009 $1,775,495,032 $194,150,283,772
2008 $1,611,835,857 $193,617,323,539
2007 $1,356,199,387 $180,941,701,358
2006 $1,273,375,078 $148,627,286,361
2005 $1,117,113,080 $127,807,848,728
2004 $915,257,323 $115,033,593,101
2003 $784,654,424 $97,646,401,096
2002 $825,394,519 $92,538,372,870
2001 $876,794,723 $89,793,790,670
2000 $870,486,066 $96,076,539,926
1999 $808,077,223 $86,286,849,755
1998 $893,770,740 $85,728,207,782
1997 $972,896,268 $100,123,787,215
1996 $869,033,856 $96,293,086,513
1995 $1,000,428,394 $87,812,540,788
1994 $925,030,590 $73,688,724,431
1993 $938,632,612 $60,603,815,716
1992 $1,083,037,671 $52,131,320,033
1991 $1,167,398,478 $45,466,164,978
1990 $1,132,101,253 $36,144,336,769
1989 $1,113,924,130 $30,465,364,739
1988 $1,082,403,219 $25,371,462,488
1987 $1,131,466,494 $20,919,215,578
1986 $1,201,725,497 $18,586,746,057
1985 $1,149,979,286 $19,156,532,746
1984 $987,143,931 $19,749,361,098
1983 $1,082,926,304 $17,784,112,150
1982 $1,013,222,222 $16,084,252,378
1981 $969,046,667 $14,175,228,844
1980 $919,726,667 $11,896,256,783
1979 $782,496,667 $9,296,921,724
1978 $610,225,556 $7,517,176,355
1977 $547,535,556 $6,618,585,074
1976 $448,412,754 $6,327,077,974
1975 $420,986,667 $5,633,673,930
1974 $345,263,492 $5,221,534,956
1973 $304,339,524 $3,696,213,333
1972 $246,804,571 $2,721,440,981
1971 $252,842,286 $2,263,785,444
1970 $242,732,571 $1,920,574,150
1969 $190,205,714 $1,659,893,768
1968 $183,200,000 $1,425,706,091
1967 $178,297,143 $1,238,035,816
1966 $165,444,571 $1,096,425,608
1965 $158,994,963 $974,644,096
1964 $260,750,008 $894,153,311
1963 $232,749,998 $917,608,012
1962 $213,500,006 $826,239,212
1961 $202,999,992 $764,629,788
1960 $195,999,990 $704,751,700

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

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

GDP per capita in Burundi vs Singapore by year

Burundi
GDP per capita

GDP per capita, PPP
Singapore
GDP per capita

GDP per capita, PPP
1x
Year Current $
Burundi Singapore
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $219.4 $1,195 $90,674 $150,689
2023 $250.6 $1,150 $85,412 $143,786
2022 $303 $1,105 $90,299 $143,095
2021 $265 $1,036 $80,056 $132,617
2020 $255.8 $958 $61,410 $101,518
2019 $234.3 $868 $65,952 $105,335
2018 $245.7 $823 $66,882 $103,963
2017 $246.1 $791 $61,236 $95,744
2016 $232.9 $764 $57,006 $89,902
2015 $254.4 $722 $55,646 $87,156
2014 $250.5 $724 $57,565 $84,555
2013 $234.8 $687 $56,967 $83,088
2012 $231.1 $637 $55,548 $82,108
2011 $230.1 $629 $53,891 $80,052
2010 $216.7 $614 $47,237 $75,401
2009 $198.4 $605 $38,927 $66,213
2008 $189.5 $609 $40,009 $67,735
2007 $166.2 $594 $39,433 $68,805
2006 $161.9 $580 $33,768 $64,061
2005 $147.2 $553 $29,961 $58,822
2004 $125.2 $552 $27,608 $54,384
2003 $111.4 $532 $23,730 $48,778
2002 $121 $545 $22,160 $45,083
2001 $132.2 $528 $21,700 $43,109
2000 $134.5 $519 $23,853 $43,781
1999 $127.5 $523 $21,797 $39,949
1998 $144.5 $533 $21,829 $37,560
1997 $160.3 $513 $26,376 $39,286
1996 $143.2 $513 $26,233 $36,873
1995 $164.9 $548 $24,915 $35,090
1994 $161.9 $619 $21,552 $33,058
1993 $165.3 $634 $18,290 $30,062
1992 $184.9 $640 $16,136 $27,022
1991 $204.7 $636 $14,502 $25,530
1990 $202.6 $598 $11,862 $23,815
1989 $203.6 - $10,395 -
1988 $201.7 - $8,914 -
1987 $215.6 - $7,539 -
1986 $234.3 - $6,800 -
1985 $228.4 - $7,002 -
1984 $200.4 - $7,228 -
1983 $225.2 - $6,633 -
1982 $216.4 - $6,078 -
1981 $212.2 - $5,597 -
1980 $209.8 - $4,928 -
1979 $186.2 - $3,901 -
1978 $148.8 - $3,194 -
1977 $137.4 - $2,846 -
1976 $115.5 - $2,759 -
1975 $110.9 - $2,490 -
1974 $93.2 - $2,342 -
1973 $84.3 - $1,685 -
1972 $68.2 - $1,264 -
1971 $69.9 - $1,071 -
1970 $68.8 - $926 -
1969 $55.1 - $813 -
1968 $54.2 - $709 -
1967 $54 - $626 -
1966 $51.4 - $567 -
1965 $50.6 - $517 -
1964 $85.3 - $486 -
1963 $78.4 - $511 -
1962 $73.4 - $472 -
1961 $71.6 - $449 -
1960 $70.9 - $428 -

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

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

Burundi's GDP per capita is $219.4, ranking 197/197, compared to $90,674 in Singapore, ranking 7/197. Adjusted for purchasing power (GDP per capita PPP), Burundi ranks 196th at $1,195, while Singapore ranks 2nd at $150,689.

Economic indicators

Burundi Singapore
Gross domestic product
$3.08B
2024
$547B
2024
GDP rank
169/197
2024
28/197
2024
GDP growth
4.11%
2023-2024
4.39%
2023-2024
GDP per capita
$219.4
2024
$90,674
2024
GDP per capita rank
197/197
2024
7/197
2024
GDP per capita, PPP
$1,195
2024
$150,689
2024
GDP per capita PPP rank
196/197
2024
2/197
2024
Government debt
$1.6B
2024
$950B
2024
Debt-to-GDP ratio
52%
2024
173.5%
2024
Government debt per person
$114.1
2024
$157,326
2024
Government debt per person rank
184/185
2024
1/185
2024
Average annual personal income after taxes
$1,228
2026
$52,793
2026
Market capitalization of domestic companies n/a
$638B
2024
Number of millionaires n/a
331,000
2025
Number of billionaires n/a
49
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
14.6%
2024
Consumer prices inflation
20.2%
2023-2024
2.39%
2023-2024
Unemployment rate
1.03%
2020
2.74%
2024
Population
14833763
6125852

Spending and national debt comparison by year

Burundi
Spending

Debt
Singapore
Spending

Debt
1x
Year % of GDP
Burundi Singapore
Government spending Government debt Government spending Government debt
2024 22.3% 52% 14.6% 173.5%
2023 28.4% 58.1% 14.8% 172.8%
2022 33.5% 68.5% 15% 154.3%
2021 28.4% 66.5% 15.6% 141.7%
2020 29.2% 65.9% 24.1% 148.2%
2019 28.8% 60.1% 14% 127.9%
2018 26% 53% 13.9% 109.4%
2017 24.1% 46.9% 13.6% 107.6%
2016 22.6% 46.1% 15.3% 106.3%
2015 23.2% 39.9% 14.4% 102.2%
2014 28.5% 38% 12.6% 97.7%
2013 34.8% 37.9% 10.9% 98.2%
2012 37.5% 41.4% 9.83% 106.7%
2011 42.2% 42.7% 9.66% 103.1%
2010 40.8% 46.9% 10.2% 98.7%
2009 38% 25.7% 15.9% 101.7%
2008 41.2% 102.5% 14% 97.9%
2007 39% 129.6% 9.01% 87.8%
2006 36.5% 130.3% 12.3% 86.5%
2005 33.1% 137% 12.4% 92.7%
2004 39.2% 166.1% 14.1% 95.7%
2003 33.9% 159.9% 15.6% 99.1%
2002 21.9% 144.8% 15.9% 96.3%
2001 22.7% 113.6% 18.2% 94.5%
2000 21.7% 120% 16.1% 82.3%
1999 20.5% 140.6% 15.9% 85.3%
1998 19.9% 138.9% 18.1% 84.6%
1997 18.8% 122.8% 14.5% 70.8%
1996 24.4% 139.4% 18.1% 71.3%
1995 22.1% 117.1% 13.8% 69.8%
1994 19.4% 119.6% 11.7% 70.7%
1993 24% 112% 14.5% 71.2%
1992 26.1% 93.5% 14.5% 79%
1991 19.2% - 15.9% 76.4%
1990 17.4% - 15.1% 73.5%

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/singapore | CC BY

In 2024, Burundi's government spending was $689M, accounting for 22.3% of its GDP, while Singapore spent $79.7B, or 14.6% of GDP.

Debt-to-GDP ratio is 52% in Burundi and 173.5% in Singapore, ranking 101/185 and 4/185, respectively.

Government deficit by year

Deficit/surplus
Burundi

Singapore
1x
Year Deficit/surplus, % of GDP
Burundi Singapore
2024 -4.84% 4.44%
2023 -7.7% 3.47%
2022 -10.7% 1.21%
2021 -4.6% 1.13%
2020 -6.58% -6.73%
2019 -6.4% 3.77%
2018 -6.66% 3.68%
2017 -5.01% 5.24%
2016 -7.11% 3.25%
2015 -7.56% 2.86%
2014 -3.93% 4.6%
2013 -1.9% 5.96%
2012 -3.79% 7.34%
2011 -3.49% 7.96%
2010 -3.64% 5.68%
2009 -5.14% -0.09%
2008 -2.7% 3.59%
2007 -2.51% 7.12%
2006 -9.92% 2.16%
2005 -10.6% 2.56%
2004 -14.9% 2.06%
2003 -13.7% 0.68%
2002 -4.9% 2.23%
2001 -7.78% 1.2%
2000 -5.66% 4.59%
1999 -5.33% 5.2%
1998 -4.43% 2.41%
1997 -4.48% 5.66%
1996 -8.61% 1.98%
1995 -3.72% 4.8%
1994 -1.76% 7.9%
1993 -1.22% 4.36%
1992 -4.16% 2.7%
1991 4.14% 0.68%
1990 8.14% 1.97%

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

GeoRank.org/economy/burundi/singapore | 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 Singapore's surplus of $24.3B, or 4.44% of GDP.

Over the past 35 years, Burundi recorded a fiscal deficit in 33 of those years, while Singapore ran a deficit in 2 years. On average, Burundi posted an annual deficit equal to 5.23% of GDP, compared to surplus of 3.36% of GDP for Singapore.

Inflation comparison by year

Inflation
Burundi

Singapore
1x
Year Consumer prices inflation
Burundi Singapore
2024 20.2% 2.39%
2023 26.9% 4.83%
2022 18.8% 6.13%
2021 8.4% 2.32%
2020 7.32% -0.17%
2019 -0.69% 0.57%
2018 -2.81% 0.44%
2017 16.1% 0.58%
2016 5.56% -0.53%
2015 5.54% -0.52%
2014 4.41% 1.03%
2013 7.94% 2.36%
2012 18.2% 4.58%
2011 9.59% 5.25%
2010 6.49% 2.83%
2009 10.6% 0.59%
2008 24.4% 6.64%
2007 8.41% 2.11%
2006 2.75% 0.97%
2005 13.3% 0.43%
2004 8.18% 1.66%
2003 10.6% 0.51%
2002 -1.37% -0.39%
2001 9.3% 1%
2000 24.4% 1.36%
1999 3.39% 0.02%
1998 12.5% -0.27%
1997 31.1% 2%

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

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

Over the past 28 years, Burundi has recorded an average annual inflation rate of 11.1%, compared with 1.74% in Singapore. In 2024, inflation was 20.2% in Burundi and 2.39% in Singapore.

Top exports between countries

Burundi
Export category Export value
Raw materials & minerals $1.16M
Raw agricultural goods $274K
Chemicals & pharma $1K
Singapore
Export category Export value
Machinery & equipment $165K
Chemicals & pharma $44K
Raw materials & minerals $39K
Metals $16K
Textiles & consumer goods $8K

Balance of trade

Burundi Singapore
Current account balance
-$475M
2024
$96B
2024
Current account balance ranking
105/190
2024
8/190
2024
Current account balance, % of GDP
-15.4%
2024
+17.5%
2024
Goods imports
$959M
2024
$435B
2024
Goods exports
$230M
2024
$583B
2024
Service imports
$361M
2024
$351B
2024
Service exports
$121M
2024
$396B
2024
Imports of goods and services, % of GDP
24.4%
2023
143.6%
2024
Exports of goods and services, % of GDP
5.29%
2023
178.8%
2024

Economic freedom indices

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

Burundi Singapore
Economic freedom 40.2 84.4
Economic freedom ranking 187/197 1/197
Property rights 27.2 89.2
Government integrity 15.5 86.1
Judicial effectiveness 7.5 58.3
Tax burden 76.1 89.5
Government spending 76.3 93.4
Fiscal health 14.6 80
Business freedom 27.2 90.6
Labor freedom 49.9 77
Monetary freedom 55.5 83.5
Trade freedom 52.2 95
Investment freedom 50 90
Financial freedom 30 80

Economic freedom comparison by year

Burundi
Singapore
1x
Year Economic freedom index
Burundi Singapore
2026 40.2 84.4
2025 39.7 84.1
2024 38.4 83.5
2023 41.9 83.9
2022 39.4 84.4
2021 49.9 89.7
2020 49 89.4
2019 48.9 89.4
2018 50.9 88.8
2017 53.2 88.6
2016 53.9 87.8
2015 53.7 89.4
2014 51.4 89.4
2013 49 88
2012 48.1 87.5
2011 49.6 87.2
2010 47.5 86.1
2009 48.8 87.1
2008 46.2 87.3
2007 46.9 87.1
2006 48.7 88
2005 - 88.6
2004 - 88.9
2003 - 88.2
2002 - 87.4
2001 - 87.8
2000 42.6 87.7
1999 41.1 86.9
1998 44.7 87
1997 45.4 87.3
1996 - 86.5
1995 - 86.3

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

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

The Economic Freedom Index for Burundi is 40.2, ranking 187/197, compared to 84.4 for Singapore, ranking 1/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Burundi Singapore
Services, % of GDP
43.2%
2024
73%
2024
Industry, % of GDP
17.7%
2024
21.4%
2024
Agriculture, forestry, and fishing, % of GDP
34.9%
2024
0.03%
2024
GNI, Atlas method
$3.61B
2024
$451B
2024
GNI per capita, PPP
$1,200
2024
$126,190
2024
Total reserves including gold
$90.3M
2023
$384B
2024
Total reserves ranking
174/177
2023
9/177
2024
Net foreign direct investment
-$24.8M
2024
-$96.7B
2024
Net inflows of foreign direct investment
$33.3M
2024
$152B
2024
Net outflows of foreign direct investment
$8.51M
2024
$55.3B
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
22.2%
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/singapore | 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 (2022–2024, 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.