Botswana vs the Marshall Islands: Economic Indicators Comparison

Botswana with a GDP of $18.6B ranked the 117th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Botswana and the Marshall Islands ranked 84th vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Botswana	Marshall Islands
GDP	$18.6B	$221.3M
GDP growth, 1 year	4.6%	3.62%
GDP growth, 5-years average	2.9%	N/A
Population	2.3M	53k
GDP per capita	$8.3k	$3.8k
GDP per capita growth	2.18%	2.99%
Purchasing Power Parity conversion factor	4.52	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	0.44	0.95
GDP per capita, PPP adjusted	$18k	$4k
GNI, Atlas method	$17.5B	$283.7M
GNI per capita	$7.8k	$4.9k
GNI, PPP adjusted	$40.6B	$297.6M
GNI per capita, PPP adjusted	$18k	$5.1k

Financial system and Human development

Stat	Botswana	Marshall Islands
Income Tax Rate	25%	N/A
Corporate Tax Rate	22%	N/A
Inflation, consumer prices	3.2%	N/A
Inflation, GDP deflator	0.9%	0.3%
Unemployment	17.9%	4.7%
Economic Freedom Index	69.6	58
Personal Freedom Index	6.75	6.2
Human Freedom Index	6.81	6.2
Property Rights Index	60.9	N/A
Judical Effectiveness Index	45.2	N/A
Business Freedom Index	69.3	N/A
Fiscal Health Index	97.5	N/A
Labor Freedom Index	68.2	N/A
Investment Freedom Index	65	N/A
Financial Freedom Index	70	N/A
Trade Freedom Index	82.8	N/A
Monetary Freedom Index	73.6	N/A
Government Spending Index	69.1	N/A
Tax Burden Index	87	N/A
Government Integrity Index	46.4	N/A
Corruption Perceptions Index	61	64
Life expectancy at birth, years	68.8	65.2
Suicide mortality rate, per 100,000 people	9.3	1
Mortality caused by road traffic injury, per 100,000 people	23.8	5.7
Intentional homicides, per 100,000 people	15	4
International tourism, number of arrivals	1.6M	6.8k

Government debt & reserves

Stat	Botswana	Marshall Islands
Central government debt, % of GDP	12.9%	48.9%
External debt stocks, % of GNI	9.7%	N/A
External debt stocks	$1.7B	N/A
Short-term debt, % of total reserves	3.8%	N/A
Total debt service, % of exports and primary income	2.4%	N/A
Adjusted net savings including particulate emission damage, % of GNI	26.6%	N/A
Gross savings, % of GDP	37%	17.2%
Gross capital formation, % of GDP	29.5%	23.4%
Total reserves including gold	$6.7B	N/A
Foreign direct investment net inflows	$228.7M	$9.8M

Exports, imports and economic structure

Stat	Botswana	Marshall Islands
Exports of goods and services, % of GDP	39.4%	40.4%
Imports of goods and services, % of GDP	37.8%	85.3%
Current account balance (balance of payments)	$345.3M	$53M
Revenue excluding grants, % of GDP	26.8%	32.2%
Grants excluding technical cooperation, BoP	$69.7M	$50.6M
Personal remittances received	$31.6M	$31.5M
Industry including construction value added, % of GDP	29.3%	12.8%
Agriculture, forestry and fishing value added, % of GDP	2%	15.2%
Charges for the use of intellectual property, payments BoP	$116.6M	N/A
Charges for the use of intellectual property, receipts BoP	$603k	N/A
Expense, % of GDP	23.6%	57.9%
Government Expenditure, % of GDP	32.1%	N/A