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Economy of Botswana vs Honduras compared: GDP & Debt

Updated on by Georank

Botswana has a GDP of $19.9B compared to $39.6B for Honduras, ranking 135/197 and 104/197 by economy size, respectively.

Botswana has $7.7B in government debt (38.6% of GDP), compared to $16.3B (41.2% of GDP) in Honduras.

Botswana vs Honduras GDP by year

Botswana
Honduras
1x
Year GDP, current $
Botswana Honduras
2025 $19,928,479,839 $39,601,409,103
2024 $19,286,251,068 $36,980,171,442
2023 $19,413,614,555 $34,355,805,528
2022 $20,321,150,599 $31,426,041,807
2021 $18,750,182,236 $28,144,331,507
2020 $14,960,251,608 $23,352,232,484
2019 $16,725,908,149 $24,882,225,742
2018 $17,031,943,186 $24,067,750,760
2017 $16,105,155,857 $23,136,247,991
2016 $15,082,637,184 $21,717,604,952
2015 $13,530,748,845 $20,979,791,685
2014 $15,470,088,501 $19,756,533,972
2013 $14,271,738,933 $18,499,729,215
2012 $13,907,464,500 $18,528,554,398
2011 $15,110,643,612 $17,710,275,685
2010 $12,637,273,429 $15,839,344,592
2009 $10,118,459,242 $14,587,496,229
2008 $10,730,829,116 $13,881,731,876
2007 $10,567,270,656 $12,361,257,681
2006 $9,919,158,482 $10,917,477,066
2005 $9,918,907,108 $9,757,012,697
2004 $8,957,467,707 $8,869,299,234
2003 $7,511,582,173 $8,230,391,347
2002 $5,438,863,983 $7,858,255,413
2001 $5,489,608,300 $7,651,162,302
2000 $5,788,329,609 $7,186,638,029
1999 $5,484,263,347 $6,394,090,592
1998 $4,790,481,509 $6,163,707,533
1997 $5,020,265,627 $5,569,178,707
1996 $4,847,757,218 $4,798,834,459
1995 $4,730,599,122 $4,672,346,194
1994 $4,259,259,604 $4,105,686,899
1993 $4,160,129,175 $4,190,773,622
1992 $4,146,464,587 $4,122,846,905
1991 $3,942,876,703 $3,699,381,195
1990 $3,790,636,324 $3,734,460,117
1989 $3,083,822,112 $4,375,896,552
1988 $2,644,554,159 $4,892,660,944
1987 $1,965,226,890 $5,024,800,000
1986 $1,392,602,164 $4,706,100,000
1985 $1,114,783,343 $4,328,300,000
1984 $1,240,822,167 $4,029,900,000
1983 $1,172,230,397 $3,840,550,000
1982 $1,014,945,696 $3,619,500,000
1981 $1,073,812,830 $3,501,800,000
1980 $1,060,889,704 $3,184,400,000
1979 $819,870,259 $2,778,900,000
1978 $590,407,374 $2,393,650,000
1977 $451,624,780 $1,900,700,000
1976 $372,025,093 $1,589,300,000
1975 $355,168,572 $1,330,050,000
1974 $306,044,208 $1,243,000,000
1973 $244,124,164 $1,128,299,436
1972 $164,460,915 $1,030,645,362
1971 $127,448,614 $958,450,000
1970 $96,243,234 $904,400,000
1969 $77,361,547 $844,400,000
1968 $66,248,441 $815,450,000
1967 $58,642,354 $750,950,000
1966 $51,465,655 $692,150,000
1965 $45,788,696 $651,050,000
1964 $41,616,348 $591,100,000
1963 $38,091,843 $553,500,000
1962 $35,644,957 $532,450,000
1961 $32,902,613 $503,300,000
1960 $30,411,414 $475,650,000

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/botswana/honduras | CC BY

GDP per capita in Botswana vs Honduras by year

Botswana
GDP per capita

GDP per capita, PPP
Honduras
GDP per capita

GDP per capita, PPP
1x
Year Current $
Botswana Honduras
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $7,778 - $3,598 -
2024 $7,650 $20,538 $3,416 $7,486
2023 $7,827 $21,012 $3,227 $7,178
2022 $8,329 $19,977 $3,003 $6,805
2021 $7,808 $17,961 $2,735 $6,203
2020 $6,323 $15,292 $2,308 $5,385
2019 $7,172 $15,960 $2,502 $5,785
2018 $7,408 $15,786 $2,465 $5,633
2017 $7,105 $15,701 $2,413 $5,621
2016 $6,749 $16,228 $2,307 $5,186
2015 $6,141 $14,144 $2,271 $4,846
2014 $7,122 $15,003 $2,180 $4,460
2013 $6,667 $13,621 $2,081 $4,137
2012 $6,596 $12,737 $2,126 $4,016
2011 $7,287 $13,635 $2,074 $3,901
2010 $6,216 $12,753 $1,893 $3,758
2009 $5,083 $11,686 $1,781 $3,656
2008 $5,503 $13,810 $1,732 $3,806
2007 $5,529 $13,389 $1,578 $3,664
2006 $5,292 $12,563 $1,426 $3,438
2005 $5,391 $11,458 $1,305 $3,204
2004 $4,957 $10,818 $1,215 $3,001
2003 $4,230 $10,439 $1,156 $2,821
2002 $3,117 $9,958 $1,132 $2,715
2001 $3,206 $9,420 $1,132 $2,645
2000 $3,451 $9,380 $1,093 $2,587
1999 $3,340 $9,188 $999 $2,372
1998 $2,981 $8,441 $989 $2,152
1997 $3,194 $8,497 $917 $1,959
1996 $3,156 $7,890 $813 $1,617
1995 $3,156 $7,503 $814 $1,329
1994 $2,917 $7,049 $736 $1,074
1993 $2,929 $6,847 $773 $838
1992 $3,005 $6,753 $782 $741
1991 $2,939 $6,598 $722 $684
1990 $2,903 $6,104 $750 $540
1989 $2,428 - $904 -
1988 $2,141 - $1,039 -
1987 $1,639 - $1,098 -
1986 $1,200 - $1,058 -
1985 $994 - $1,001 -
1984 $1,145 - $960 -
1983 $1,121 - $942 -
1982 $1,006 - $914 -
1981 $1,107 - $912 -
1980 $1,132 - $854 -
1979 $909 - $769 -
1978 $695 - $683 -
1977 $565 - $559 -
1976 $490 - $482 -
1975 $493 - $417 -
1974 $446 - $401 -
1973 $374 - $375 -
1972 $264.2 - $353 -
1971 $212.2 - $338 -
1970 $163 - $329 -
1969 $131.8 - $316 -
1968 $113.4 - $314 -
1967 $100.9 - $298.2 -
1966 $89.1 - $282.9 -
1965 $79.7 - $273.9 -
1964 $73.5 - $255.9 -
1963 $68.9 - $246.6 -
1962 $66 - $244 -
1961 $62.3 - $237.3 -
1960 $58.9 - $230.7 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/botswana/honduras | CC BY

Botswana's GDP per capita is $7,778, ranking 100/197, compared to $3,598 in Honduras, ranking 137/197. Adjusted for purchasing power (GDP per capita PPP), Botswana ranks 95th at $20,538, while Honduras ranks 146th at $7,486.

Economic indicators

Botswana Honduras
Gross domestic product
$19.9B
2025
$39.6B
2025
GDP rank
135/197
2025
104/197
2025
GDP growth
-0.73%
2024-2025
3.75%
2024-2025
GDP per capita
$7,778
2025
$3,598
2025
GDP per capita rank
100/197
2025
137/197
2025
GDP per capita, PPP
$20,538
2024
$7,486
2024
GDP per capita PPP rank
95/197
2024
146/197
2024
Government debt
$7.7B
2025
$16.3B
2025
Debt-to-GDP ratio
38.6%
2025
41.2%
2025
Government debt per person
$3,005
2025
$1,483
2025
Government debt per person rank
106/185
2025
132/185
2025
Average annual personal income after taxes
$5,441
2026
$2,887
2026
Market capitalization of domestic companies
$4.28B
2025
n/a
Income share by richest 10%
42.9%
2015
32.3%
2024
Income share by poorest 10%
1.4%
2015
1.2%
2024
Government expenditure, % of GDP
35%
2025
24.9%
2025
Consumer prices inflation
2.66%
2024-2025
4.6%
2024-2025
Central bank interest rate
5.5%
2026
5.75%
2024
Unemployment rate
24.4%
2024
4.85%
2025
Population
2624853
11279259

Spending and national debt comparison by year

Botswana
Spending

Debt
Honduras
Spending

Debt
1x
Year % of GDP
Botswana Honduras
Government spending Government debt Government spending Government debt
2025 35% 38.6% 24.9% 41.2%
2024 33.7% 33.2% 25.7% 41.5%
2023 32.4% 22.5% 27.2% 41.7%
2022 29.1% 21% 24% 46.9%
2021 31.4% 22.3% 28.8% 52.7%
2020 36.5% 23.5% 28.4% 53.5%
2019 36.9% 21.5% 25.9% 43.3%
2018 35.6% 19.6% 26.2% 42.4%
2017 34.7% 19.6% 26.9% 41.3%
2016 34.1% 22.3% 27.4% 39.4%
2015 37.8% 24.5% 26% 38.3%
2014 36.5% 23.9% 26.4% 35.2%
2013 33.5% 23.8% 28% 37.3%
2012 37.1% 26.4% 26.4% 27.1%
2011 37.2% 27.9% 25.9% 24.6%
2010 42.6% 26.5% 26.5% 21.8%
2009 52.1% 22.4% 28.4% 23.8%
2008 48.1% 7.79% 26.4% 22.3%
2007 37.1% 5.93% 24.4% 24%
2006 33.1% 6.14% 24.4% 39.2%
2005 33.8% 7.46% 23.6% 55.6%
2004 39.8% 10.7% 25.5% 60.9%
2003 42.7% 7.08% 26.4% 67.8%
2002 45.1% 8.37% 26.8% 64.2%
2001 42.1% 7.48% 25.1% 63.4%
2000 38.8% 8.16% 22.1% 65.8%
1999 40.1% 9.31% 23.3% 75.8%
1998 41.8% 11.3% 19.4% 67.4%
1997 39% - 19.4% 70.8%
1996 36.1% - 18.7% 64.6%
1995 36.1% - 17.2% 65.4%
1994 37.6% - 19% 85.5%
1993 42% - 24.5% 111.7%
1992 42.3% - 21.6% 123.2%
1991 41.1% - 20.8% 135.4%
1990 38.9% - 19.4% 236.5%
1989 - - 10.2% 68.4%
1988 - - 16% 71.7%
1987 - - 17.2% 73.6%
1986 - - 19.8% 69.9%
1985 - - 22.5% 65.7%
1984 - - 22.4% 60.5%
1983 - - 20.8% 57.6%
1982 - - 18.7% 54.3%
1981 - - 15.3% 48.1%
1980 - - 16.2% 41%
1979 - - 14.4% 36.1%
1978 - - 13.1% 32.8%
1977 - - 14.6% 28.2%
1976 - - 11.5% 26.5%
1975 - - 11.9% 24%
1974 - - 11.7% 18.5%
1973 - - 11.1% 16.6%
1972 - - 12.6% 16.8%
1971 - - 15.2% 19.8%
1970 - - 15.2% 17.2%
1969 - - 13.6% 13%
1968 - - 11.6% 9.75%
1967 - - 11.4% 9.72%
1966 - - 11.4% 9.47%
1965 - - 10.6% 8.97%
1964 - - 11.4% 9.78%
1963 - - 10.1% 9.02%
1962 - - 10.5% 8.54%
1961 - - 11.2% 8.22%
1960 - - 12.2% 8.97%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

GeoRank.org/economy/botswana/honduras | CC BY

In 2025, Botswana's government spending was $6.98B, accounting for 35% of its GDP, while Honduras spent $9.87B, or 24.9% of GDP.

Debt-to-GDP ratio is 38.6% in Botswana and 41.2% in Honduras, ranking 137/185 and 128/185, respectively.

Government deficit by year

Deficit/surplus
Botswana

Honduras
1x
Year Deficit/surplus, % of GDP
Botswana Honduras
2025 -7.42% -0.74%
2024 -7.26% -1.12%
2023 -4.16% -1.96%
2022 0.04% 1.57%
2021 -2.33% -3.17%
2020 -10.9% -4.58%
2019 -8.53% 0.09%
2018 -5.03% 0.2%
2017 -1.14% -0.41%
2016 0.71% -0.4%
2015 -4.82% -0.78%
2014 3.9% -2.81%
2013 5.84% -5.48%
2012 0.89% -3.48%
2011 -0.12% -2.94%
2010 -7.95% -3.37%
2009 -13.8% -4.86%
2008 -7.61% -0.27%
2007 5.73% -0.25%
2006 13.3% -1.36%
2005 10.3% -0.03%
2004 1.35% -2.48%
2003 -0.18% -5.09%
2002 -3.94% -5.02%
2001 -2.91% -3.12%
2000 8.73% 1.51%
1999 5.95% 1.38%
1998 - 2.89%
1997 - 0.08%
1996 - 0.13%
1995 - -0.24%
1994 - -0.97%
1993 - -5.21%
1992 - -1.49%
1991 - -2.16%
1990 - -2.15%
1989 - 2.08%
1988 - -2.65%
1987 - -3.23%
1986 - -5.92%
1985 - -8.58%
1984 - -9.33%
1983 - -9.1%
1982 - -6.17%
1981 - -2.5%
1980 - -2.52%
1979 - -1.55%
1978 - -0.68%
1977 - -2.55%
1976 - -0.93%
1975 - -1.78%
1974 - -0.27%
1973 - -0.71%
1972 - -2.37%
1971 - -3.51%
1970 - -3.24%
1969 - -2.16%
1968 - -0.38%
1967 - -0.73%
1966 - -0.45%
1965 - 0.19%
1964 - -1.77%
1963 - -0.39%
1962 - -0.71%
1961 - -1.05%
1960 - -1.22%
1959 - -1.31%
1958 - -1.16%
1957 - -1.01%
1956 - -1.81%
1955 - -0.42%
1954 - -2.91%
1953 - -2.96%
1952 - -3.21%
1951 - -1.04%
1950 - -0.44%
1949 - -1.92%
1948 - 0.52%
1947 - -0.83%
1946 - 0.32%
1945 - 0%
1944 - -0.82%
1943 - -0.48%
1942 - 0%
1941 - -0.26%
1940 - -0.43%
1939 - -0.52%
1938 - -0.74%
1937 - -1.37%
1936 - -0.76%
1935 - 0%
1934 - 0.06%
1933 - 2.06%
1932 - -2.13%
1931 - -0.94%
1930 - -1.15%
1929 - -0.38%
1928 - 0.72%
1927 - 0.37%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1927–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/botswana/honduras | CC BY

In 2025, Botswana's government deficit, the difference between spending and revenue, was $1.48B, equivalent to 7.42% of GDP. This compares to Honduras' deficit of $295M, or 0.74% of GDP.

Over the past 27 years, Botswana recorded a fiscal deficit in 16 of those years, while Honduras ran a deficit in 22 years. On average, Botswana posted an annual deficit equal to 1.16% of GDP, compared to deficit of 1.81% of GDP for Honduras.

Inflation comparison by year

Inflation
Botswana

Honduras
1x
Year Consumer prices inflation
Botswana Honduras
2025 2.66% 4.6%
2024 2.82% 4.61%
2023 5.07% 6.66%
2022 11.7% 9.09%
2021 7.24% 4.48%
2020 1.89% 3.47%
2019 2.77% 4.37%
2018 3.24% 4.35%
2017 3.31% 3.93%
2016 2.81% 2.72%
2015 3.06% 3.16%
2014 4.4% 6.13%
2013 5.88% 5.16%
2012 7.54% 5.2%
2011 8.46% 6.76%
2010 6.95% 4.7%
2009 8.03% 5.5%
2008 12.7% 11.4%
2007 7.08% 6.94%
2006 11.6% 5.58%
2005 8.61% 8.81%
2004 6.95% 8.11%
2003 9.19% 7.67%
2002 8.03% 7.69%
2001 6.56% 9.67%
2000 8.6% 11%
1999 7.75% 11.7%
1998 6.66% 13.7%
1997 8.72% 20.2%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/botswana/honduras | CC BY

Over the past 29 years, Botswana has recorded an average annual inflation rate of 6.56%, compared with 7.15% in Honduras. In 2025, inflation was 2.66% in Botswana and 4.6% in Honduras.

Balance of trade

Botswana Honduras
Current account balance
-$821M
2024
$936M
2025
Current account balance ranking
113/190
2024
50/190
2025
Current account balance, % of GDP
-4.26%
2024
+2.36%
2025
Goods imports
$6.86B
2024
$15.4B
2025
Goods exports
$4.66B
2024
$6.88B
2025
Service imports
$1.29B
2024
$4.1B
2025
Service exports
$935M
2024
$3.89B
2025
Imports of goods and services, % of GDP
37.5%
2025
56.5%
2025
Exports of goods and services, % of GDP
32%
2025
35%
2025

Economic freedom indices

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

Botswana Honduras
Economic freedom 67.7 59.1
Economic freedom ranking 53/197 105/197
Property rights 71.7 35.7
Government integrity 59.6 24.6
Judicial effectiveness 70.2 27.6
Tax burden 87.1 83.1
Government spending 69.8 80.3
Fiscal health 72.4 95.2
Business freedom 61.5 59.4
Labor freedom 60.7 37.9
Monetary freedom 72 70.1
Trade freedom 77 69.8
Investment freedom 50 65
Financial freedom 60 60

Economic freedom comparison by year

Botswana
Honduras
1x
Year Economic freedom index
Botswana Honduras
2026 67.7 59.1
2025 69.9 59.6
2024 68 58.6
2023 64.9 58.7
2022 64.8 59.5
2021 67.6 59.8
2020 69.6 61.1
2019 69.5 60.2
2018 69.9 60.6
2017 70.1 58.8
2016 71.1 57.7
2015 69.8 57.4
2014 72 57.1
2013 70.6 58.4
2012 69.6 58.8
2011 68.8 58.6
2010 70.3 58.3
2009 69.7 58.7
2008 68.2 58.9
2007 68.1 59.1
2006 68.8 57.4
2005 69.3 55.3
2004 69.9 55.3
2003 68.6 60.4
2002 66.2 58.7
2001 66.8 57
2000 65.8 57.6
1999 62.9 56.7
1998 62.8 56.2
1997 59.1 56
1996 61.6 56.6
1995 56.8 57

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/botswana/honduras | CC BY

The Economic Freedom Index for Botswana is 67.7, ranking 53/197, compared to 59.1 for Honduras, ranking 105/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Botswana Honduras
Services, % of GDP
64.6%
2025
57.6%
2025
Industry, % of GDP
27.9%
2025
25.4%
2025
Agriculture, forestry, and fishing, % of GDP
1.78%
2025
13.3%
2025
GNI, Atlas method
$18.9B
2025
$36B
2025
GNI per capita, PPP
$19,960
2025
$7,270
2025
Total reserves including gold
$3.46B
2024
$10.2B
2025
Total reserves ranking
117/177
2024
78/177
2025
Net foreign direct investment
-$464M
2024
-$810M
2025
Net inflows of foreign direct investment
$467M
2024
$478M
2024
Net outflows of foreign direct investment
$3.02M
2024
-$49.4M
2024
Servicing debt to the IMF, % of GNI
1.45%
2024
5.23%
2024
Poverty at national poverty lines
16.1%
2015
60.1%
2025
Gross capital formation, % of GDP
29.2%
2025
24.2%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/botswana/honduras | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1927–1989, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.