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Economy of Botswana vs Myanmar compared: GDP & Debt

Updated on by Georank team

Botswana has a GDP of $19.4B compared to $74.1B for Myanmar, ranking 133/197 and 85/197 by economy size, respectively.

Botswana has $5.82B in government debt (30% of GDP), compared to $44B (59.3% of GDP) in Myanmar.

Botswana vs Myanmar GDP by year

Botswana
Myanmar
1x
Year GDP, current $
Botswana Myanmar
2024 $19,402,063,513 $74,068,349,524
2023 $19,411,266,967 $66,757,619,000
2022 $20,321,150,599 $62,253,049,903
2021 $18,750,182,236 $66,345,291,149
2020 $14,960,251,608 $79,006,113,670
2019 $16,725,908,149 $75,065,106,243
2018 $17,031,943,186 $67,860,515,993
2017 $16,105,155,857 $66,053,040,475
2016 $15,082,637,184 $63,298,361,984
2015 $13,530,748,845 $59,607,290,408
2014 $15,470,088,501 $65,531,374,210
2013 $14,271,738,933 $60,269,732,855
2012 $13,907,464,500 $59,937,796,648
2011 $15,110,643,612 $59,977,326,086
2010 $12,637,273,429 $49,540,813,342
2009 $10,118,459,242 $36,906,181,381
2008 $10,730,829,116 $31,862,554,102
2007 $10,567,270,656 $20,182,477,481
2006 $9,919,158,482 $14,502,553,710
2005 $9,918,907,108 $11,986,972,419
2004 $8,957,467,707 $10,567,354,056
2003 $7,511,582,173 $10,467,109,978
2002 $5,438,863,983 $6,777,632,512
2001 $5,489,608,300 $6,477,790,688
2000 $5,788,329,609 $8,905,066,164
1999 $5,484,263,347 $8,486,832,801
1998 $4,790,481,509 $6,459,461,639
1997 $5,020,265,627 $4,722,288,496
1996 $4,847,757,218 $6,123,556,717
1995 $4,730,599,122 $5,289,174,943
1994 $4,259,259,604 $4,432,257,174
1993 $4,160,129,175 $3,163,020,035
1992 $4,146,464,587 $2,411,552,289
1991 $3,942,876,703 $2,069,832,687
1990 $3,790,636,324 $2,115,193,513
1989 $3,083,822,112 $2,013,448,229
1988 $2,644,554,159 $1,541,088,312
1987 $1,965,226,890 $1,562,448,077
1986 $1,392,602,164 $1,582,873,750
1985 $1,114,783,343 $1,478,908,173
1984 $1,240,822,167 $1,304,063,253
1983 $1,172,230,397 $1,381,573,615
1982 $1,014,945,696 $1,481,165,468
1981 $1,073,812,830 $1,111,000,765
1980 $1,060,889,704 $1,038,225,167
1979 $819,870,259 $952,265,043
1978 $590,407,374 $935,408,775
1977 $451,624,780 $873,579,932
1976 $372,025,093 $1,204,699,849
1975 $355,168,572 $1,061,107,354
1974 $306,044,208 $1,225,589,878
1973 $244,124,164 $719,754,655
1972 $164,460,915 $662,213,083
1971 $127,448,614 $587,448,405
1970 $96,243,234 $563,555,631
1969 $77,361,547 $571,854,215
1968 $66,248,441 $559,956,130
1967 $58,642,354 $420,359,036
1966 $51,465,655 $293,103,479
1965 $45,788,696 $367,053,117
1964 $41,616,348 $411,419,906
1963 $38,091,843 $598,998,419
1962 $35,644,957 $634,528,872
1961 $32,902,613 $605,581,577
1960 $30,411,414 $545,098,448

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

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

GDP per capita in Botswana vs Myanmar by year

Botswana
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Botswana Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,696 $20,538 $1,359 $5,997
2023 $7,826 $21,012 $1,233 $5,953
2022 $8,329 $19,977 $1,158 $5,732
2021 $7,808 $17,961 $1,243 $5,178
2020 $6,323 $15,292 $1,490 $5,741
2019 $7,172 $15,960 $1,426 $6,101
2018 $7,408 $15,786 $1,298 $5,581
2017 $7,105 $15,701 $1,273 $4,706
2016 $6,749 $16,228 $1,229 $4,460
2015 $6,141 $14,144 $1,167 $4,459
2014 $7,122 $15,003 $1,293 $4,376
2013 $6,667 $13,621 $1,199 $4,144
2012 $6,596 $12,737 $1,203 $3,845
2011 $7,287 $13,635 $1,214 $3,579
2010 $6,216 $12,753 $1,011 $3,348
2009 $5,083 $11,686 $758 $3,040
2008 $5,503 $13,810 $658 $2,748
2007 $5,529 $13,389 $419 $2,459
2006 $5,292 $12,563 $303 $2,153
2005 $5,391 $11,458 $252.7 $1,860
2004 $4,957 $10,818 $224.5 $1,601
2003 $4,230 $10,439 $224.3 $1,385
2002 $3,117 $9,958 $146.6 $1,204
2001 $3,206 $9,420 $141.5 $1,069
2000 $3,451 $9,380 $196.6 $949
1999 $3,340 $9,188 $189.5 $825
1998 $2,981 $8,441 $146 $742
1997 $3,194 $8,497 $108 $702
1996 $3,156 $7,890 $141.9 $661
1995 $3,156 $7,503 $124.1 $618
1994 $2,917 $7,049 $105.4 $573
1993 $2,929 $6,847 $76.2 $529
1992 $3,005 $6,753 $58.9 $494
1991 $2,939 $6,598 $51.2 $447
1990 $2,903 $6,104 $53.1 $441
1989 $2,428 - $51.3 -
1988 $2,141 - $39.9 -
1987 $1,639 - $41.1 -
1986 $1,200 - $42.4 -
1985 $994 - $40.4 -
1984 $1,145 - $36.3 -
1983 $1,121 - $39.3 -
1982 $1,006 - $43 -
1981 $1,107 - $32.8 -
1980 $1,132 - $31.2 -
1979 $909 - $29.2 -
1978 $695 - $29.3 -
1977 $565 - $27.9 -
1976 $490 - $39.2 -
1975 $493 - $35.2 -
1974 $446 - $41.4 -
1973 $374 - $24.8 -
1972 $264.2 - $23.3 -
1971 $212.2 - $21.1 -
1970 $163 - $20.7 -
1969 $131.8 - $21.5 -
1968 $113.4 - $21.5 -
1967 $100.9 - $16.5 -
1966 $89.1 - $11.8 -
1965 $79.7 - $15.1 -
1964 $73.5 - $17.3 -
1963 $68.9 - $25.8 -
1962 $66 - $27.9 -
1961 $62.3 - $27.3 -
1960 $58.9 - $25.1 -

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

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

Botswana's GDP per capita is $7,696, ranking 97/197, compared to $1,359 in Myanmar, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), Botswana ranks 95th at $20,538, while Myanmar ranks 153rd at $5,997.

Economic indicators

Botswana Myanmar
Gross domestic product
$19.4B
2024
$74.1B
2024
GDP rank
133/197
2024
85/197
2024
GDP growth
-2.99%
2023-2024
-0.97%
2023-2024
GDP per capita
$7,696
2024
$1,359
2024
GDP per capita rank
97/197
2024
165/197
2024
GDP per capita, PPP
$20,538
2024
$5,997
2024
GDP per capita PPP rank
95/197
2024
153/197
2024
Government debt
$5.82B
2024
$44B
2024
Debt-to-GDP ratio
30%
2024
59.3%
2024
Government debt per person
$2,310
2024
$806
2024
Government debt per person rank
114/185
2024
150/185
2024
Average annual personal income after taxes
$5,271
2026
$1,646
2026
Market capitalization of domestic companies
$3.59B
2023
n/a
Income share by richest 10%
42.9%
2015
25.5%
2017
Income share by poorest 10%
1.4%
2015
3.8%
2017
Government expenditure, % of GDP
33.8%
2024
20.7%
2024
Consumer prices inflation
2.82%
2023-2024
8.83%
2018-2019
Central bank interest rate
1.9%
2024
n/a
Unemployment rate
24.4%
2024
1.48%
2020
Population
2615162
55292116

Spending and national debt comparison by year

Botswana
Spending

Debt
Myanmar
Spending

Debt
1x
Year % of GDP
Botswana Myanmar
Government spending Government debt Government spending Government debt
2024 33.8% 30% 20.7% 59.3%
2023 32.4% 22.5% 21.4% 59.1%
2022 29.5% 21.3% 21.3% 56.1%
2021 33% 23.4% 20.9% 63.4%
2020 38.5% 24.8% 21.3% 49.1%
2019 36.4% 21.3% 20.5% 37.6%
2018 35.9% 19.8% 18.7% 39.9%
2017 35% 19.8% 19.7% 41.9%
2016 34.2% 22.4% 21.3% 35.7%
2015 39.7% 25.7% 23.7% 36.6%
2014 36.4% 23.9% 24.7% 34.5%
2013 34.8% 24.7% 23.9% 44.8%
2012 38.3% 27.3% 20% 48%
2011 37.4% 28.1% 15.6% 49.9%
2010 44.7% 27.9% 15.8% 54.4%
2009 54.5% 23.5% 14.4% 56.4%
2008 48% 7.77% 14.4% 59.8%
2007 38.3% 6.12% 15.7% 77.4%
2006 34.1% 6.32% 15.6% 103.1%
2005 35% 7.74% 14.6% 119%
2004 42% 11.3% 14.6% 126.6%
2003 44% 7.29% 14.3% 146%
2002 46% 8.55% 15.3% 190.6%
2001 42.9% 7.61% 19.1% 262%
2000 39.8% 8.37% 21.4% 164.5%
1999 41.7% 9.68% 22.8% 150.7%
1998 44.3% 12% 25.2% 208.6%
1997 40% - - -
1996 37.2% - - -
1995 38.1% - - -
1994 39.2% - - -
1993 44.2% - - -
1992 43.4% - - -
1991 42.3% - - -
1990 40.5% - - -

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

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

In 2024, Botswana's government spending was $6.55B, accounting for 33.8% of its GDP, while Myanmar spent $15.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 30% in Botswana and 59.3% in Myanmar, ranking 158/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Botswana

Myanmar
1x
Year Deficit/surplus, % of GDP
Botswana Myanmar
2024 -7.82% -5.06%
2023 -4.25% -5.18%
2022 -0.006% -2.82%
2021 -2.46% -2.47%
2020 -11.5% -6.5%
2019 -8.43% -4.7%
2018 -5.07% -2.77%
2017 -1.16% -3.42%
2016 0.72% -2.53%
2015 -5.06% -4.33%
2014 3.88% -1.06%
2013 6.07% -1.53%
2012 0.92% -2.7%
2011 -0.12% -4.82%
2010 -8.36% -5.4%
2009 -14.4% -3.55%
2008 -7.59% -2.73%
2007 5.92% -3.52%
2006 13.7% -3.42%
2005 10.7% -3.49%
2004 1.42% -4.62%
2003 -0.18% -4.24%
2002 -4.02% -4.01%
2001 -2.96% -6.34%
2000 8.95% -6.03%
1999 6.18% -4.46%
1998 - -4.89%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

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

In 2024, Botswana's government deficit, the difference between spending and revenue, was $1.52B, equivalent to 7.82% of GDP. This compares to Myanmar's deficit of $3.75B, or 5.06% of GDP.

Over the past 26 years, Botswana recorded a fiscal deficit in 16 of those years, while Myanmar ran a deficit in 26 years. On average, Botswana posted an annual deficit equal to 0.96% of GDP, compared to deficit of 3.91% of GDP for Myanmar.

Inflation comparison by year

Inflation
Botswana

Myanmar
1x
Year Consumer prices inflation
Botswana Myanmar
2024 2.82% -
2023 5.07% -
2022 11.7% -
2021 7.24% -
2020 1.89% -
2019 2.77% 8.83%
2018 3.24% 6.87%
2017 3.31% 4.57%
2016 2.81% 6.93%
2015 3.06% 9.45%
2014 4.4% 4.95%
2013 5.88% 5.64%
2012 7.54% 1.47%
2011 8.46% 5.02%
2010 6.95% 7.72%
2009 8.03% 1.47%
2008 12.7% 26.8%
2007 7.08% 35%
2006 11.6% 20%
2005 8.61% 9.37%
2004 6.95% 4.53%
2003 9.19% 36.6%
2002 8.03% 57.1%
2001 6.56% 21.1%
2000 8.6% -0.11%
1999 7.75% 18.4%
1998 6.66% 51.5%
1997 8.72% 29.7%

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

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

Over the past 23 years, Botswana has recorded an average annual inflation rate of 6.91%, compared with 16.2% in Myanmar. In 2019, inflation was 2.82% in Botswana and 8.83% in Myanmar.

Top exports between countries

Botswana
Export category Export value
Miscellaneous $1K
Myanmar
Export category Export value
Textiles & consumer goods $53K
Raw agricultural goods $38K

Balance of trade

Botswana Myanmar
Current account balance
-$821M
2024
$67.7M
2019
Current account balance ranking
118/190
2024
71/190
2019
Current account balance, % of GDP
-4.23%
2024
+0.09%
2019
Goods imports
$6.86B
2024
$13.7B
2019
Goods exports
$4.66B
2024
$10.8B
2019
Service imports
$1.29B
2024
$3.66B
2019
Service exports
$935M
2024
$6.68B
2019
Imports of goods and services, % of GDP
43.7%
2024
n/a
Exports of goods and services, % of GDP
27.4%
2024
24.3%
2025

Economic freedom indices

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

Botswana Myanmar
Economic freedom 67.7 44.5
Economic freedom ranking 53/197 180/197
Property rights 71.7 5.7
Government integrity 59.6 18.1
Judicial effectiveness 70.2 3.9
Tax burden 87.1 88.6
Government spending 69.8 86.6
Fiscal health 72.4 62.7
Business freedom 61.5 37.9
Labor freedom 60.7 53.2
Monetary freedom 72 57.5
Trade freedom 77 69.4
Investment freedom 50 30
Financial freedom 60 20

Economic freedom comparison by year

Botswana
Myanmar
1x
Year Economic freedom index
Botswana Myanmar
2026 67.7 44.5
2025 69.9 43.7
2024 68 42.2
2023 64.9 46.5
2022 64.8 49.6
2021 67.6 55.2
2020 69.6 54
2019 69.5 53.6
2018 69.9 53.9
2017 70.1 52.5
2016 71.1 48.7
2015 69.8 46.9
2014 72 46.5
2013 70.6 39.2
2012 69.6 38.7
2011 68.8 37.8
2010 70.3 36.7
2009 69.7 37.7
2008 68.2 39.5
2007 68.1 41
2006 68.8 40
2005 69.3 40.5
2004 69.9 43.6
2003 68.6 44.9
2002 66.2 45.5
2001 66.8 46.1
2000 65.8 47.9
1999 62.9 46.4
1998 62.8 45.7
1997 59.1 45.4
1996 61.6 45.1
1995 56.8 -

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

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

The Economic Freedom Index for Botswana is 67.7, ranking 53/197, compared to 44.5 for Myanmar, ranking 180/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Botswana Myanmar
Services, % of GDP
63.5%
2024
41.4%
2024
Industry, % of GDP
29.4%
2024
37.8%
2024
Agriculture, forestry, and fishing, % of GDP
1.71%
2024
20.8%
2024
GNI, Atlas method
$19.5B
2024
$65.9B
2024
GNI per capita, PPP
$20,570
2024
$5,890
2024
Total reserves including gold
$3.46B
2024
$9.34B
2023
Total reserves ranking
113/177
2024
81/177
2023
Net foreign direct investment
-$464M
2024
-$1.74B
2019
Net inflows of foreign direct investment
$467M
2024
$1.1B
2024
Net outflows of foreign direct investment
$3.02M
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.42%
2024
1.31%
2024
Poverty at national poverty lines
16.1%
2015
24.8%
2017
Gross capital formation, % of GDP
36%
2024
n/a

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/botswana/myanmar | 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. TradeMap (2022–2024, 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.