Botswana vs Namibia: Economic Indicators Comparison

Botswana with a GDP of $18.6B ranked the 117th largest economy in the world, while Namibia ranked 127th with $14.5B. By GDP 5-years average growth and GDP per capita, Botswana and Namibia ranked 96th vs 117th and 84th vs 102nd, respectively.

Gross Domestic Product & Income

StatBotswanaNamibia
GDP$18.6B$14.5B
GDP growth, 1 year4.6%-0.1%
GDP growth, 5-years average2.9%2.4%
Population2.3M2.5M
GDP per capita$8.3k$5.9k
GDP per capita growth2.18%-2.4%
Purchasing Power Parity conversion factor4.527.07
Price level ratio of PPP conversion factor GDP to market exchange rate0.440.53
GDP per capita, PPP adjusted$18k$11k
GNI, Atlas method$17.5B$12.8B
GNI per capita$7.8k$5.2k
GNI, PPP adjusted$40.6B$26.6B
GNI per capita, PPP adjusted$18k$11k

Financial system and Human development

StatBotswanaNamibia
Income Tax Rate25%37%
Corporate Tax Rate22%34%
Inflation, consumer prices3.2%4.3%
Inflation, GDP deflator0.9%7%
Unemployment17.9%23.1%
Economic Freedom Index69.660.9
Personal Freedom Index6.757.15
Human Freedom Index6.816.97
Property Rights Index60.958.9
Judical Effectiveness Index45.258.5
Business Freedom Index69.365.6
Fiscal Health Index97.528.7
Labor Freedom Index68.284.9
Investment Freedom Index6565
Financial Freedom Index7040
Trade Freedom Index82.883.2
Monetary Freedom Index73.675.9
Government Spending Index69.158.1
Tax Burden Index8765.7
Government Integrity Index46.446
Corruption Perceptions Index6153
Life expectancy at birth, years68.863
Suicide mortality rate, per 100,000 people9.38.7
Mortality caused by road traffic injury, per 100,000 people23.830.4
Intentional homicides, per 100,000 people1517.1
International tourism, number of arrivals1.6M1.5M

Government debt & reserves

StatBotswanaNamibia
Central government debt, % of GDP12.9%47.1%
External debt stocks, % of GNI9.7%N/A
External debt stocks$1.7BN/A
Short-term debt, % of total reserves3.8%N/A
Total debt service, % of exports and primary income2.4%N/A
Adjusted net savings including particulate emission damage, % of GNI26.6%4.5%
Gross savings, % of GDP37%14%
Gross capital formation, % of GDP29.5%12.6%
Total reserves including gold$6.7B$2.1B
Foreign direct investment net inflows$228.7M$199.6M

Exports, imports and economic structure

StatBotswanaNamibia
Exports of goods and services, % of GDP39.4%38.7%
Imports of goods and services, % of GDP37.8%44.9%
Current account balance (balance of payments)$345.3M-$354.5M
Revenue excluding grants, % of GDP26.8%31.6%
Grants excluding technical cooperation, BoP$69.7M$127.9M
Personal remittances received$31.6M$53.7M
Industry including construction value added, % of GDP29.3%29.3%
Agriculture, forestry and fishing value added, % of GDP2%7.2%
Charges for the use of intellectual property, payments BoP$116.6M$1.3M
Charges for the use of intellectual property, receipts BoP$603k$1.4M
Expense, % of GDP23.6%31.1%
Government Expenditure, % of GDP32.1%37.4%

Compare with countries close by GDP per capita

Botswana vs

CountryGDP
per capita
Population
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k

Namibia vs

CountryGDP
per capita
Population
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M