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Economy of Burundi vs Venezuela compared: GDP & Debt

Updated on by Georank team

Burundi has a GDP of $3.08B compared to $120B for Venezuela, ranking 169/197 and 65/197 by economy size, respectively.

Burundi has $1.6B in government debt (52% of GDP), compared to $197B (164.3% of GDP) in Venezuela.

Burundi vs Venezuela GDP by year

Burundi
Venezuela
1x
Year GDP, current $
Burundi Venezuela
2024 $3,082,433,067 $119,802,963,258
2023 $3,430,949,250 $102,376,526,556
2022 $4,036,192,553 $89,013,255,585
2021 $3,435,598,073 $56,614,976,855
2020 $3,227,847,281 $42,838,020,721
2019 $2,871,555,326 $73,014,084,091
2018 $2,913,411,408 $102,021,093,965
2017 $2,831,362,208 $115,883,275,163
2016 $2,618,093,125 $112,915,034,262
2015 $2,810,532,912 $125,449,241,571
2014 $2,705,826,648 $214,689,614,733
2013 $2,451,624,638 $258,930,655,486
2012 $2,327,402,363 $372,592,062,768
2011 $2,235,812,880 $316,482,190,800
2010 $2,032,135,192 $393,192,354,511
2009 $1,775,495,032 $329,787,628,928
2008 $1,611,835,857 $315,953,388,511
2007 $1,356,199,387 $230,364,012,576
2006 $1,273,375,078 $183,477,522,124
2005 $1,117,113,080 $145,513,489,652
2004 $915,257,323 $112,451,400,425
2003 $784,654,424 $83,620,628,582
2002 $825,394,519 $92,893,587,734
2001 $876,794,723 $122,911,036,747
2000 $870,486,066 $117,146,466,003
1999 $808,077,223 $97,972,842,462
1998 $893,770,740 $91,336,763,255
1997 $972,896,268 $85,837,678,560
1996 $869,033,856 $70,543,211,119
1995 $1,000,428,394 $77,389,487,770
1994 $925,030,590 $58,418,666,667
1993 $938,632,612 $60,037,460,783
1992 $1,083,037,671 $60,416,519,620
1991 $1,167,398,478 $53,453,444,787
1990 $1,132,101,253 $48,606,952,195
1989 $1,113,924,130 $43,536,709,104
1988 $1,082,403,219 $60,226,413,793
1987 $1,131,466,494 $48,029,034,483
1986 $1,201,725,497 $60,516,123,711
1985 $1,149,979,286 $61,965,466,667
1984 $987,143,931 $59,867,743,468
1983 $1,082,926,304 $67,556,279,070
1982 $1,013,222,222 $67,736,744,186
1981 $969,046,667 $66,327,441,860
1980 $919,726,667 $59,116,511,628
1979 $782,496,667 $48,310,930,233
1978 $610,225,556 $39,316,279,070
1977 $547,535,556 $36,210,697,674
1976 $448,412,754 $31,419,534,884
1975 $420,986,667 $27,464,651,163
1974 $345,263,492 $26,100,930,233
1973 $304,339,524 $17,035,581,395
1972 $246,804,571 $13,977,727,273
1971 $252,842,286 $12,986,590,909
1970 $242,732,571 $11,561,111,111
1969 $190,205,714 $10,285,111,111
1968 $183,200,000 $10,034,444,444
1967 $178,297,143 $9,250,000,000
1966 $165,444,571 $8,781,333,333
1965 $158,994,963 $8,427,777,778
1964 $260,750,008 $8,192,413,793
1963 $232,749,998 $9,608,717,288
1962 $213,500,006 $8,814,309,884
1961 $202,999,992 $8,067,267,031
1960 $195,999,990 $7,663,938,303

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

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

GDP per capita in Burundi vs Venezuela by year

Burundi
GDP per capita

GDP per capita, PPP
Venezuela
GDP per capita

GDP per capita, PPP
1x
Year Current $
Burundi Venezuela
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $219.4 $1,195 $4,218 -
2023 $250.6 $1,150 $3,617 -
2022 $303 $1,105 $3,155 -
2021 $265 $1,036 $2,005 -
2020 $255.8 $958 $1,506 -
2019 $234.3 $868 $2,523 -
2018 $245.7 $823 $3,423 -
2017 $246.1 $791 $3,791 -
2016 $232.9 $764 $3,670 -
2015 $254.4 $722 $4,103 -
2014 $250.5 $724 $7,096 -
2013 $234.8 $687 $8,656 -
2012 $231.1 $637 $12,607 -
2011 $230.1 $629 $10,844 $21,241
2010 $216.7 $614 $13,646 $20,236
2009 $198.4 $605 $11,597 $20,562
2008 $189.5 $609 $11,262 $21,402
2007 $166.2 $594 $8,332 $20,236
2006 $161.9 $580 $6,739 $18,399
2005 $147.2 $553 $5,432 $16,511
2004 $125.2 $552 $4,269 $14,757
2003 $111.4 $532 $3,230 $12,359
2002 $121 $545 $3,652 $13,375
2001 $132.2 $528 $4,920 $14,714
2000 $134.5 $519 $4,776 $14,174
1999 $127.5 $523 $4,071 $13,623
1998 $144.5 $533 $3,870 $14,568
1997 $160.3 $513 $3,711 $14,655
1996 $143.2 $513 $3,113 $13,824
1995 $164.9 $548 $3,487 $13,890
1994 $161.9 $619 $2,689 $13,370
1993 $165.3 $634 $2,825 $13,702
1992 $184.9 $640 $2,907 $13,652
1991 $204.7 $636 $2,633 $12,880
1990 $202.6 $598 $2,452 $11,628
1989 $203.6 - $2,250 -
1988 $201.7 - $3,191 -
1987 $215.6 - $2,611 -
1986 $234.3 - $3,376 -
1985 $228.4 - $3,549 -
1984 $200.4 - $3,520 -
1983 $225.2 - $4,079 -
1982 $216.4 - $4,202 -
1981 $212.2 - $4,228 -
1980 $209.8 - $3,874 -
1979 $186.2 - $3,257 -
1978 $148.8 - $2,727 -
1977 $137.4 - $2,585 -
1976 $115.5 - $2,309 -
1975 $110.9 - $2,078 -
1974 $93.2 - $2,034 -
1973 $84.3 - $1,367 -
1972 $68.2 - $1,155 -
1971 $69.9 - $1,106 -
1970 $68.8 - $1,015 -
1969 $55.1 - $932 -
1968 $54.2 - $938 -
1967 $54 - $893 -
1966 $51.4 - $876 -
1965 $50.6 - $869 -
1964 $85.3 - $874 -
1963 $78.4 - $1,060 -
1962 $73.4 - $1,007 -
1961 $71.6 - $954 -
1960 $70.9 - $939 -

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

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

Burundi's GDP per capita is $219.4, ranking 197/197, compared to $4,218 in Venezuela, ranking 128/197. Adjusted for purchasing power (GDP per capita PPP), Burundi ranks 196th at $1,195, while Venezuela ranks 93rd at $21,241.

Economic indicators

Burundi Venezuela
Gross domestic product
$3.08B
2024
$120B
2024
GDP rank
169/197
2024
65/197
2024
GDP growth
4.11%
2023-2024
5.3%
2023-2024
GDP per capita
$219.4
2024
$4,218
2024
GDP per capita rank
197/197
2024
128/197
2024
GDP per capita, PPP
$1,195
2024
$21,241
2011
GDP per capita PPP rank
196/197
2024
93/197
2011
Government debt
$1.6B
2024
$197B
2024
Debt-to-GDP ratio
52%
2024
164.3%
2024
Government debt per person
$114.1
2024
$6,931
2024
Government debt per person rank
184/185
2024
69/185
2024
Average annual personal income after taxes
$1,228
2026
$3,792
2026
Market capitalization of domestic companies n/a
$3.98B
2002
Number of billionaires n/a
1
2025
Income share by richest 10%
29.9%
2020
33.2%
2006
Income share by poorest 10%
2.9%
2020
1.2%
2006
Government expenditure, % of GDP
22.3%
2024
17.6%
2024
Consumer prices inflation
20.2%
2023-2024
49%
2023-2024
Central bank interest rate n/a
58.4%
2025
Unemployment rate
1.03%
2020
7.53%
2020
Population
14833763
28661242

Spending and national debt comparison by year

Burundi
Spending

Debt
Venezuela
Spending

Debt
1x
Year % of GDP
Burundi Venezuela
Government spending Government debt Government spending Government debt
2024 22.3% 52% 17.6% 164.3%
2023 28.4% 58.1% 13.1% 138.5%
2022 33.5% 68.5% 15.1% 164.4%
2021 28.4% 66.5% 13.1% 254.2%
2020 29.2% 65.9% 11.2% 337%
2019 28.8% 60.1% 21% 206%
2018 26% 53% 37.9% 175.3%
2017 24.1% 46.9% 21.8% 133.6%
2016 22.6% 46.1% 19.7% 138.4%
2015 23.2% 39.9% 22.9% 129.8%
2014 28.5% 38% 31.6% 84.9%
2013 34.8% 37.9% 36.5% 85.4%
2012 37.5% 41.4% 38% 58.4%
2011 42.2% 42.7% 39.4% 52.5%
2010 40.8% 46.9% 31.1% 37.7%
2009 38% 25.7% 33.3% 27.6%
2008 41.2% 102.5% 34.9% 20.3%
2007 39% 129.6% 35.9% 26.4%
2006 36.5% 130.3% 39.3% 25.7%
2005 33.1% 137% 33.5% 34.9%
2004 39.2% 166.1% 31.9% 41.8%
2003 33.9% 159.9% 32.2% 56%
2002 21.9% 144.8% 31% 48.2%
2001 22.7% 113.6% 31.9% 30.7%
2000 21.7% 120% 28.3% 27.7%
1999 20.5% 140.6% 26.1% 29.6%
1998 19.9% 138.9% 28.8% 30.7%
1997 18.8% 122.8% 31% 34.8%
1996 24.4% 139.4% 27.7% 45.9%
1995 22.1% 117.1% 32.9% 45.9%
1994 19.4% 119.6% 42.2% 63.9%
1993 24% 112% 27.7% 57.7%
1992 26.1% 93.5% 30.6% 54.8%
1991 19.2% - 33.9% 62.2%
1990 17.4% - 31.9% 63.3%
1989 - - 32.5% 61.8%
1988 - - 33.2% 46.3%
1987 - - 25.1% 58.3%
1986 - - 21.5% 45.9%
1985 - - 20.3% 34.1%
1984 - - 19.7% 36.4%
1983 - - 25.3% 21.4%
1982 - - 29% 18.6%
1981 - - 29.6% 18.9%
1980 - - 22% 16.6%
1979 - - 22.3% 19.2%
1978 - - 29.2% 16.6%
1977 - - 30.6% 12.7%
1976 - - 26.6% 9.64%
1975 - - 33.8% 8.31%
1974 - - 35.3% 7.72%
1973 - - 20% 9.78%
1972 - - 21.3% 10.6%
1971 - - 19.6% 9.64%
1970 - - 19.5% 10.6%
1969 - - 21% 9.91%
1968 - - 19.8% 7.84%
1967 - - 19.8% 6.74%
1966 - - 19.1% 5.84%
1965 - - 18.7% 5.46%
1964 - - 17.9% 4.95%
1963 - - 18.7% 6.3%
1962 - - 17.6% 7.24%
1961 - - 11.8% 8.79%
1960 - - 23.7% 8.28%

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/venezuela | CC BY

In 2024, Burundi's government spending was $689M, accounting for 22.3% of its GDP, while Venezuela spent $21.1B, or 17.6% of GDP.

Debt-to-GDP ratio is 52% in Burundi and 164.3% in Venezuela, ranking 101/185 and 5/185, respectively.

Government deficit by year

Deficit/surplus
Burundi

Venezuela
1x
Year Deficit/surplus, % of GDP
Burundi Venezuela
2024 -4.84% -3.6%
2023 -7.7% -1.25%
2022 -10.7% -5.29%
2021 -4.6% -5.85%
2020 -6.58% -6.63%
2019 -6.4% -10.9%
2018 -6.66% -31%
2017 -5.01% -13.3%
2016 -7.11% -8.46%
2015 -7.56% -8.06%
2014 -3.93% -9.81%
2013 -1.9% -10.4%
2012 -3.79% -9.86%
2011 -3.49% -8.24%
2010 -3.64% -4.74%
2009 -5.14% -8.69%
2008 -2.7% -3.46%
2007 -2.51% -2.82%
2006 -9.92% -1.6%
2005 -10.6% 4.09%
2004 -14.9% 2.47%
2003 -13.7% 0.17%
2002 -4.9% -1.48%
2001 -7.78% -4.59%
2000 -5.66% 4.45%
1999 -5.33% 0.74%
1998 -4.43% -4.49%
1997 -4.48% 2.58%
1996 -8.61% 7.94%
1995 -3.72% -5.86%
1994 -1.76% -11.2%
1993 -1.22% -2.92%
1992 -4.16% -6.37%
1991 4.14% -2.28%
1990 8.14% 3.84%
1989 - -0.91%
1988 - -9.24%
1987 - -7.47%
1986 - 0.82%
1985 - 6.97%
1984 - 5.33%
1983 - 1.24%
1982 - -0.17%
1981 - 4.74%
1980 - 4.41%
1979 - -3.07%
1978 - -5.44%
1977 - -4.69%
1976 - 1.65%
1975 - 0.88%
1974 - 2.76%
1973 - 1.98%
1972 - 0.42%
1971 - 0.78%
1970 - -1.22%
1969 - -2.17%
1968 - -0.32%
1967 - 0.51%
1966 - 0.23%
1965 - 0.39%
1964 - 1.91%
1963 - 1.92%
1962 - 2.14%
1961 - -1.91%
1960 - -4.08%
1959 - -4.98%
1958 - -4.86%
1957 - 6.7%
1956 - 0.76%
1955 - 0.38%
1954 - 1.84%
1953 - 0.03%
1952 - -0.5%
1951 - -0.24%
1950 - -0.23%
1949 - 0.15%
1948 - 1.27%
1947 - 0.09%
1946 - -0.9%
1945 - 2.9%
1944 - 1.85%
1943 - -0.27%
1942 - 0.2%
1941 - 0.01%
1940 - -1.07%
1939 - -0.78%
1938 - 0.68%
1937 - 0.73%
1936 - -0.52%
1935 - -2.23%
1934 - 1.34%
1933 - 1.03%
1932 - 0.51%
1931 - 1.02%
1930 - -2.03%
1929 - -0.34%
1928 - -0.68%
1927 - 1.55%
1926 - 0.14%
1925 - 0.54%
1924 - 0.37%
1923 - 1.32%
1922 - 1.57%
1921 - -0.97%
1920 - -1.75%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1920–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/burundi/venezuela | 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 Venezuela's deficit of $4.31B, or 3.6% of GDP.

Over the past 35 years, Burundi recorded a fiscal deficit in 33 of those years, while Venezuela ran a deficit in 27 years. On average, Burundi posted an annual deficit equal to 5.23% of GDP, compared to deficit of 4.77% of GDP for Venezuela.

Inflation comparison by year

Inflation
Burundi

Venezuela
1x
Year Consumer prices inflation
Burundi Venezuela
2024 20.2% 49%
2023 26.9% 338%
2022 18.8% 186.5%
2021 8.4% 1,589%
2020 7.32% 2,355%
2019 -0.69% 19,906%
2018 -2.81% 65,374%
2017 16.1% 438%
2016 5.56% 254.9%
2015 5.54% 121.7%
2014 4.41% 62.2%
2013 7.94% 40.6%
2012 18.2% 21.1%
2011 9.59% 26.1%
2010 6.49% 28.2%
2009 10.6% 26%
2008 24.4% 31.4%
2007 8.41% 18.7%
2006 2.75% 13.7%
2005 13.3% 16%
2004 8.18% 21.7%
2003 10.6% 31.1%
2002 -1.37% 22.4%
2001 9.3% 12.5%
2000 24.4% 16.2%
1999 3.39% 23.6%
1998 12.5% 35.8%
1997 31.1% 50%

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/venezuela | CC BY

Over the past 28 years, Burundi has recorded an average annual inflation rate of 11.1%, compared with 3,254% in Venezuela. In 2024, inflation was 20.2% in Burundi and 49% in Venezuela.

Balance of trade

Burundi Venezuela
Current account balance
-$475M
2024
-$3.87B
2016
Current account balance ranking
105/190
2024
161/190
2016
Current account balance, % of GDP
-15.4%
2024
-3.43%
2016
Goods imports
$959M
2024
$16.3B
2016
Goods exports
$230M
2024
$27.4B
2016
Service imports
$361M
2024
$9.47B
2016
Service exports
$121M
2024
$1.28B
2016
Imports of goods and services, % of GDP
24.4%
2023
9.22%
2024
Exports of goods and services, % of GDP
5.29%
2023
16.9%
2024

Economic freedom indices

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

Burundi Venezuela
Economic freedom 40.2 27.3
Economic freedom ranking 187/197 194/197
Property rights 27.2 0
Government integrity 15.5 6.9
Judicial effectiveness 7.5 5.1
Tax burden 76.1 73.4
Government spending 76.3 93
Fiscal health 14.6 29.1
Business freedom 27.2 31.1
Labor freedom 49.9 35.5
Monetary freedom 55.5 0
Trade freedom 52.2 43.2
Investment freedom 50 0
Financial freedom 30 10

Economic freedom comparison by year

Burundi
Venezuela
1x
Year Economic freedom index
Burundi Venezuela
2026 40.2 27.3
2025 39.7 27.6
2024 38.4 28.1
2023 41.9 25.8
2022 39.4 24.8
2021 49.9 24.7
2020 49 25.2
2019 48.9 25.9
2018 50.9 25.2
2017 53.2 27
2016 53.9 33.7
2015 53.7 34.3
2014 51.4 36.3
2013 49 36.1
2012 48.1 38.1
2011 49.6 37.6
2010 47.5 37.1
2009 48.8 39.9
2008 46.2 44.7
2007 46.9 47.9
2006 48.7 44.6
2005 - 45.2
2004 - 46.7
2003 - 54.8
2002 - 54.7
2001 - 54.6
2000 42.6 57.4
1999 41.1 56.1
1998 44.7 54
1997 45.4 52.8
1996 - 54.5
1995 - 59.8

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

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

The Economic Freedom Index for Burundi is 40.2, ranking 187/197, compared to 27.3 for Venezuela, ranking 194/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Burundi Venezuela
Services, % of GDP
43.2%
2024
51.7%
2014
Industry, % of GDP
17.7%
2024
37.2%
2014
Agriculture, forestry, and fishing, % of GDP
34.9%
2024
5.03%
2014
GNI, Atlas method
$3.61B
2024
$109B
2024
GNI per capita, PPP
$1,200
2024
$20,800
2011
Total reserves including gold
$90.3M
2023
$9.79B
2017
Total reserves ranking
174/177
2023
77/177
2017
Net foreign direct investment
-$24.8M
2024
-$27M
2016
Net inflows of foreign direct investment
$33.3M
2024
$1.63B
2024
Net outflows of foreign direct investment
$8.51M
2024
$2.6B
2024
Servicing debt to the IMF, % of GNI
1.16%
2024
n/a
Poverty at national poverty lines
51%
2020
33.1%
2015
Gross capital formation, % of GDP
10%
2023
4.9%
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/venezuela | 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 (1920–1999, 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.