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Economy of Botswana vs Burundi compared: GDP & Debt

Updated on by Georank team

Botswana has a GDP of $19.4B compared to $2.16B for Burundi, ranking 133/197 and 177/197 by economy size, respectively.

Botswana has $6.36B in government debt (43.8% of GDP), compared to $934M (35.3% of GDP) in Burundi.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Botswana
GDP, current $

GDP, constant 2015 $
Burundi
GDP, current $

GDP, constant 2015 $
Year GDP
Botswana Burundi
Current $ Constant $ Current $ Constant $
1960 $30,411,414 $203,297,646 $195,999,990 $798,536,036
1961 $32,902,613 $216,193,393 $202,999,992 $688,768,194
1962 $35,644,957 $230,606,288 $213,500,006 $751,192,344
1963 $38,091,843 $244,260,590 $232,749,998 $782,257,208
1964 $41,616,348 $260,949,209 $260,750,008 $831,328,499
1965 $45,788,696 $276,120,679 $158,994,963 $864,309,176
1966 $51,465,655 $293,637,827 $165,444,571 $904,179,697
1967 $58,642,354 $311,034,576 $178,297,143 $1,029,151,062
1968 $66,248,441 $343,901,776 $183,200,000 $1,026,085,389
1969 $77,361,547 $395,911,433 $190,205,714 $1,011,109,250
1970 $96,243,234 $463,692,530 $242,732,571 $1,226,735,080
1971 $127,448,614 $583,423,076 $252,842,286 $1,260,431,391
1972 $164,460,915 $737,224,723 $246,804,571 $1,179,713,807
1973 $244,124,164 $894,277,062 $304,339,524 $1,260,984,889
1974 $306,044,208 $972,953,727 $345,263,492 $1,251,819,552
1975 $355,168,572 $1,055,131,835 $420,986,667 $1,260,556,254
1976 $372,025,093 $1,167,475,696 $448,412,754 $1,360,677,964
1977 $451,624,780 $1,307,713,345 $547,535,556 $1,516,740,284
1978 $590,407,374 $1,495,145,304 $610,225,556 $1,502,474,189
1979 $819,870,259 $1,676,784,361 $782,496,667 $1,527,489,708
1980 $1,060,889,704 $1,877,778,848 $919,726,667 $1,542,627,982
1981 $1,073,812,830 $2,047,996,824 $969,046,667 $1,730,262,074
1982 $1,014,945,696 $2,297,146,530 $1,013,222,222 $1,712,032,036
1983 $1,172,230,397 $2,599,146,161 $1,082,926,304 $1,775,639,625
1984 $1,240,822,167 $2,821,253,171 $987,143,931 $1,778,401,526
1985 $1,114,783,343 $3,022,275,113 $1,149,979,286 $1,987,953,782
1986 $1,392,602,164 $3,269,283,371 $1,201,725,497 $2,052,565,867
1987 $1,965,226,890 $3,657,737,272 $1,131,466,494 $2,165,520,540
1988 $2,644,554,159 $4,369,166,056 $1,082,403,219 $2,274,468,406
1989 $3,083,822,112 $4,939,753,185 $1,113,924,130 $2,305,162,408
1990 $3,790,636,324 $5,274,313,873 $1,132,101,253 $2,385,838,992
1991 $3,942,876,703 $5,667,709,608 $1,167,398,478 $2,505,055,464
1992 $4,146,464,587 $5,833,040,675 $1,083,037,671 $2,530,356,484
1993 $4,160,129,175 $5,944,807,979 $938,632,612 $2,372,462,239
1994 $4,259,259,604 $6,160,480,628 $925,030,590 $2,281,596,935
1995 $4,730,599,122 $6,593,587,690 $1,000,428,394 $2,100,894,458
1996 $4,847,757,218 $6,977,980,666 $869,033,856 $1,932,822,901
1997 $5,020,265,627 $7,558,959,722 $972,896,268 $1,902,091,017
1998 $4,790,481,509 $7,592,496,073 $893,770,740 $1,992,440,341
1999 $5,484,263,347 $8,326,480,944 $808,077,223 $1,972,316,693
2000 $5,788,329,609 $8,491,986,059 $870,486,066 $1,955,416,620
2001 $5,489,608,300 $8,513,264,764 $876,794,723 $1,995,616,214
2002 $5,438,863,983 $9,029,979,997 $825,394,519 $2,084,351,677
2003 $7,511,582,173 $9,447,697,368 $784,654,424 $2,058,844,882
2004 $8,957,467,707 $9,703,335,214 $915,257,323 $2,158,362,398
2005 $9,918,907,108 $10,145,481,816 $1,117,113,080 $2,177,787,659
2006 $9,919,158,482 $10,994,036,837 $1,273,375,078 $2,295,688,883
2007 $10,567,270,656 $11,630,872,553 $1,356,199,387 $2,374,934,883
2008 $10,730,829,116 $12,009,117,014 $1,611,835,857 $2,490,397,481
2009 $10,118,459,242 $10,310,519,328 $1,781,455,140 $2,585,349,995
2010 $12,637,273,429 $11,353,915,358 $2,032,135,192 $2,717,827,465
2011 $15,110,643,612 $12,130,342,698 $2,235,820,809 $2,827,426,576
2012 $13,907,464,500 $12,109,617,145 $2,333,341,334 $2,953,153,932
2013 $14,271,738,933 $13,454,136,660 $2,451,606,632 $3,098,572,840
2014 $15,470,088,501 $14,220,638,229 $2,705,783,330 $3,229,972,475
2015 $13,530,748,845 $13,530,748,845 $3,104,003,546 $3,104,003,546
2016 $15,082,637,184 $14,505,561,464 $2,644,487,777 $3,085,379,497
2017 $16,105,155,857 $15,102,375,175 $2,723,586,963 $3,100,806,433
2018 $17,031,943,186 $15,734,967,215 $2,667,182,200 $3,150,727,414
2019 $16,725,908,149 $16,212,015,761 $2,576,518,880 $3,207,836,407
2020 $14,960,251,611 $14,796,887,969 $2,649,680,261 $3,218,331,065
2021 $18,750,182,235 $16,560,125,448 $2,775,798,697 $3,318,099,328
2022 $20,321,150,598 $17,468,616,756 $3,338,722,828 $3,379,450,966
2023 $19,411,266,967 $18,029,021,881 $2,629,391,600 $3,469,531,570
2024 $19,400,774,882 $17,489,977,782 $2,162,378,759 $3,590,591,567

Economic indicators

Botswana Burundi
Gross domestic product
$19.4B
2024
$2.16B
2024
GDP rank
133/197
2024
177/197
2024
GDP growth
-0.05%
2023-2024
-17.8%
2023-2024
GDP per capita
$7,695
2024
$153.9
2024
GDP per capita rank
98/197
2024
197/197
2024
GDP per capita, PPP
$20,538
2024
$950
2024
Government debt
$6.36B
2024
$934M
2024
Debt-to-GDP ratio
43.8%
2025
35.3%
2025
Government debt per person
$2,523
2024
$66.5
2024
Government debt per person rank
110/185
2024
184/185
2024
Average annual personal income after taxes
$4,596
2025
$1,071
2025
Market capitalization of domestic companies
$3.59B
2023
n/a
Income share by richest 10%
42.9%
2015
29.9%
2020
Income share by poorest 10%
1.4%
2015
2.9%
2020
Government expenditure, % of GDP
34.9%
2025
23.5%
2025
Consumer prices inflation
2.82%
2023-2024
20.2%
2023-2024
Central bank interest rate
1.9%
2024
n/a
Unemployment rate
24.4%
2024
1.03%
2020
Population
2595266
14662443

GDP per capita in Botswana vs Burundi

Botswana's GDP per capita is $7,695, ranking 98/197, compared to $153.9 in Burundi, ranking 197/197. Adjusted for purchasing power (GDP per capita PPP), Botswana ranks 93rd at $20,538, while Burundi ranks 197th at $950.

Botswana
GDP per capita

GDP per capita, PPP
Burundi
GDP per capita

GDP per capita, PPP
Year Current $
Botswana Burundi
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $58.9 - $70.9 -
1961 $62.3 - $71.6 -
1962 $66 - $73.4 -
1963 $68.9 - $78.4 -
1964 $73.5 - $85.3 -
1965 $79.7 - $50.6 -
1966 $89.1 - $51.4 -
1967 $100.9 - $54 -
1968 $113.4 - $54.2 -
1969 $131.8 - $55.1 -
1970 $163 - $68.8 -
1971 $212.2 - $69.9 -
1972 $264.2 - $68.2 -
1973 $374 - $84.3 -
1974 $446 - $93.2 -
1975 $493 - $110.9 -
1976 $490 - $115.5 -
1977 $565 - $137.4 -
1978 $695 - $148.8 -
1979 $909 - $186.2 -
1980 $1,132 - $209.8 -
1981 $1,107 - $212.2 -
1982 $1,006 - $216.4 -
1983 $1,121 - $225.2 -
1984 $1,145 - $200.4 -
1985 $994 - $228.4 -
1986 $1,200 - $234.3 -
1987 $1,639 - $215.6 -
1988 $2,141 - $201.7 -
1989 $2,428 - $203.6 -
1990 $2,903 $5,978 $202.6 $598
1991 $2,939 $6,463 $204.7 $636
1992 $3,005 $6,614 $184.9 $640
1993 $2,929 $6,706 $165.3 $634
1994 $2,917 $6,903 $161.9 $618
1995 $3,156 $7,348 $164.9 $548
1996 $3,156 $7,728 $143.2 $513
1997 $3,194 $8,322 $160.3 $513
1998 $2,981 $8,268 $144.5 $533
1999 $3,340 $8,999 $127.5 $523
2000 $3,451 $9,187 $134.5 $519
2001 $3,206 $9,226 $132.2 $528
2002 $3,117 $9,753 $121 $545
2003 $4,230 $10,224 $111.4 $532
2004 $4,957 $10,596 $125.2 $551
2005 $5,391 $11,222 $147.2 $553
2006 $5,292 $12,304 $161.9 $580
2007 $5,529 $13,113 $166.2 $593
2008 $5,503 $13,526 $189.5 $609
2009 $5,083 $11,446 $199.1 $604
2010 $6,216 $12,491 $216.7 $614
2011 $7,287 $13,355 $230.1 $629
2012 $6,596 $12,475 $231.7 $639
2013 $6,667 $13,341 $234.8 $687
2014 $7,122 $15,003 $250.5 $724
2015 $6,141 $14,144 $281 $797
2016 $6,749 $16,228 $235.3 $772
2017 $7,105 $15,701 $236.7 $761
2018 $7,408 $15,786 $224.9 $753
2019 $7,172 $15,960 $210.2 $779
2020 $6,323 $15,292 $210 $787
2021 $7,808 $17,961 $214.1 $837
2022 $8,329 $19,977 $250.6 $889
2023 $7,826 $21,012 $192.1 $920
2024 $7,695 $20,538 $153.9 $950

Spending and national debt comparison

In 2024, Botswana's government spending was $6.74B, accounting for 34.9% of its GDP, while Burundi's spent $490M, or 23.5% of GDP.

Debt-to-GDP ratio is 43.8% in Botswana and 35.3% in Burundi, ranking 122/185 and 147/185, respectively.

Botswana
Government spending

Government debt
Burundi
Government spending

Government debt
Year % of GDP
Botswana Burundi
Government spending Government debt Government spending Government debt
1990 40.5% - 20.3% -
1991 42.3% - 22.4% -
1992 43.4% - 30.4% 93.5%
1993 44.2% - 28% 112%
1994 39.2% - 22.6% 119.6%
1995 38.1% - 25.7% 117.1%
1996 37.2% - 28.4% 139.4%
1997 40% - 21.9% 122.8%
1998 44.3% 12% 23.2% 138.9%
1999 41.7% 9.68% 23.6% 140.6%
2000 39.8% 8.37% 24.6% 136.4%
2001 42.9% 7.61% 25.4% 127.4%
2002 46% 8.55% 24.1% 159.1%
2003 44% 7.29% 36.5% 172%
2004 42% 11.3% 40.8% 172.7%
2005 35% 7.74% 33.1% 137%
2006 34.1% 6.32% 36.5% 130.3%
2007 38.3% 6.12% 39% 129.6%
2008 48% 7.77% 41.2% 102.5%
2009 54.5% 23.5% 38% 25.7%
2010 44.7% 27.9% 40.8% 46.9%
2011 37.4% 28.1% 42.2% 42.7%
2012 38.3% 27.3% 37.5% 41.4%
2013 34.8% 24.7% 34.8% 37.9%
2014 36.4% 23.9% 28.5% 38%
2015 39.7% 25.7% 23.2% 39.9%
2016 34.2% 22.4% 22.6% 46.1%
2017 35% 19.8% 24.1% 46.9%
2018 35.9% 19.8% 26% 53%
2019 36.4% 21.3% 28.8% 60.1%
2020 38.5% 24.8% 29.4% 65.9%
2021 33% 23.4% 30.3% 66.5%
2022 29.5% 21.3% 33.5% 68.3%
2023 32.3% 22.5% 28.3% 47.2%
2024 34.7% 32.8% 22.7% 43.2%
2025 34.9% 43.8% 23.5% 35.3%

Government deficit by year

In 2024, Botswana's government deficit, the difference between spending and revenue, was -$2B, equivalent to -10.3% of GDP. This compares to Burundi's deficit of -$109M, or -5.02% of GDP.

Over the past 26 years, Botswana recorded a fiscal deficit in 16 of those years, while Burundi ran a deficit in 26 years. On average, Botswana posted an annual deficit equal to -1.05% of GDP, compared to deficit of -6.61% of GDP for Burundi.

Deficit/surplus
Botswana

Burundi
Year Deficit/surplus, % of GDP
Botswana Burundi
1990 - 9.47%
1991 - 4.82%
1992 - -4.85%
1993 - -1.42%
1994 - -2.05%
1995 - -4.33%
1996 - -10%
1997 - -5.22%
1998 - -5.16%
1999 6.18% -6.14%
2000 8.95% -6.43%
2001 -2.96% -8.72%
2002 -4.02% -5.38%
2003 -0.18% -14.7%
2004 1.42% -15.5%
2005 10.7% -10.6%
2006 13.7% -9.92%
2007 5.92% -2.51%
2008 -7.59% -2.7%
2009 -14.4% -5.14%
2010 -8.36% -3.64%
2011 -0.12% -3.49%
2012 0.92% -3.79%
2013 6.07% -1.9%
2014 3.88% -3.93%
2015 -5.06% -7.56%
2016 0.72% -7.11%
2017 -1.16% -5.01%
2018 -5.07% -6.66%
2019 -8.43% -6.4%
2020 -11.5% -6.33%
2021 -2.46% -5.24%
2022 -0.006% -10.6%
2023 -4.18% -7.45%
2024 -10.3% -5.02%
2025 -11.2% -6.55%

Inflation comparison by year

Over the past 29 years, Botswana has recorded an average annual inflation rate of 6.81%, compared with 11.6% in Burundi. In 2024, inflation was 2.82% in Botswana and 20.2% in Burundi.

Inflation
Botswana

Burundi
Year Inflation
Botswana Burundi Botswana Burundi
1996 10.1% 26.4%
1997 8.72% 31.1%
1998 6.66% 12.5%
1999 7.75% 3.39%
2000 8.6% 24.4%
2001 6.56% 9.3%
2002 8.03% -1.37%
2003 9.19% 10.6%
2004 6.95% 8.18%
2005 8.61% 13.3%
2006 11.6% 2.75%
2007 7.08% 8.41%
2008 12.7% 24.4%
2009 8.03% 10.6%
2010 6.95% 6.49%
2011 8.46% 9.59%
2012 7.54% 18.2%
2013 5.88% 7.94%
2014 4.4% 4.41%
2015 3.06% 5.54%
2016 2.81% 5.56%
2017 3.31% 16.1%
2018 3.24% -2.81%
2019 2.77% -0.69%
2020 1.89% 7.32%
2021 7.24% 8.4%
2022 11.7% 18.8%
2023 5.07% 26.9%
2024 2.82% 20.2%

Top exports between countries

Botswana
Export category Export value
Machinery & equipment $6K
Chemicals & pharma $4K
Miscellaneous $1K
Textiles & consumer goods $1K
Burundi
Export category Export value

Balance of trade

Botswana Burundi
Current account balance
-$821M
2024
-$626M
2023
Current account balance ranking
116/189
2024
107/189
2023
Current account balance, % of GDP
-4.23%
2024
-23.8%
2023
Goods imports
$6.86B
2024
$1.07B
2023
Goods exports
$4.66B
2024
$259M
2023
Service imports
$1.29B
2024
$365M
2023
Service exports
$935M
2024
$119M
2023
Imports of goods and services, % of GDP
40.9%
2024
24.4%
2023
Exports of goods and services, % of GDP
26%
2024
5.29%
2023

Economic freedom indices

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

Botswana Burundi
Economic freedom 69.9 39.7
Economic freedom ranking 36/197 187/197
Property rights 74.1 28.6
Government integrity 60.1 14.2
Judicial effectiveness 70.5 7.4
Tax burden 84.9 76.1
Government spending 70.8 71.1
Fiscal health 90.4 12.2
Business freedom 70.6 31.9
Labor freedom 60.7 50
Monetary freedom 68.3 54.4
Trade freedom 78.8 50.8
Investment freedom 50 50
Financial freedom 60 30

Economic freedom by year comparison

The Economic Freedom Index for Botswana is 69.9, ranking 36/197, compared to 39.7 for Burundi, ranking 187/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Botswana
Burundi
Year Economic freedom index
Botswana Burundi
1995 56.8 -
1996 61.6 -
1997 59.1 45.4
1998 62.8 44.7
1999 62.9 41.1
2000 65.8 42.6
2001 66.8 -
2002 66.2 -
2003 68.6 -
2004 69.9 -
2005 69.3 -
2006 68.8 48.7
2007 68.1 46.9
2008 68.2 46.2
2009 69.7 48.8
2010 70.3 47.5
2011 68.8 49.6
2012 69.6 48.1
2013 70.6 49
2014 72 51.4
2015 69.8 53.7
2016 71.1 53.9
2017 70.1 53.2
2018 69.9 50.9
2019 69.5 48.9
2020 69.6 49
2021 67.6 49.9
2022 64.8 39.4
2023 64.9 41.9
2024 68 38.4
2025 69.9 39.7

More economic indicators

Botswana Burundi
Services, % of GDP
63.5%
2024
49%
2023
Industry, % of GDP
29.4%
2024
9.63%
2023
Agriculture, forestry, and fishing, % of GDP
1.71%
2024
25.3%
2023
GNI, Atlas method
$19.5B
2024
$2.71B
2024
GNI per capita, PPP
$20,570
2024
$950
2024
Total reserves including gold
$3.46B
2024
$90.3M
2023
Total reserves ranking
113/177
2024
174/177
2023
Net foreign direct investment
-$464M
2024
-$33M
2023
Net inflows of foreign direct investment
$467M
2024
$31.7M
2024
Net outflows of foreign direct investment
$3.02M
2024
$8.55M
2024
Servicing debt to the IMF, % of GNI
1.28%
2023
1.68%
2023
Poverty at national poverty lines
16.1%
2015
51%
2020
Gross capital formation, % of GDP
36.2%
2024
13.1%
2023

GDP per capita map

GDP per capita

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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.