Botswana vs Nigeria: Economic Indicators Comparison

Nigeria with a GDP of $397.3B ranked the 32nd largest economy in the world, while Botswana ranked 117th with $18.6B. By GDP 5-years average growth and GDP per capita, Nigeria and Botswana ranked 132nd vs 96th and 149th vs 84th, respectively.

Gross Domestic Product & Income

StatBotswanaNigeria
GDP$18.6B$397.3B
GDP growth, 1 year4.6%1.9%
GDP growth, 5-years average2.9%2%
Population2.3M190.9M
GDP per capita$8.3k$2k
GDP per capita growth2.18%-0.67%
Purchasing Power Parity conversion factor4.52110.03
Price level ratio of PPP conversion factor GDP to market exchange rate0.440.34
GDP per capita, PPP adjusted$18k$6k
GNI, Atlas method$17.5B$384.8B
GNI per capita$7.8k$2k
GNI, PPP adjusted$40.6B$1.1T
GNI per capita, PPP adjusted$18k$5.7k

Financial system and Human development

StatBotswanaNigeria
Income Tax Rate25%24%
Corporate Tax Rate22%30%
Inflation, consumer prices3.2%12.1%
Inflation, GDP deflator0.9%10.2%
Unemployment17.9%6%
Economic Freedom Index69.657.2
Personal Freedom Index6.756.01
Human Freedom Index6.816.1
Property Rights Index60.938.1
Judical Effectiveness Index45.232.2
Business Freedom Index69.354.7
Fiscal Health Index97.564.1
Labor Freedom Index68.284
Investment Freedom Index6545
Financial Freedom Index7040
Trade Freedom Index82.862.4
Monetary Freedom Index73.661.7
Government Spending Index69.196.2
Tax Burden Index8785.1
Government Integrity Index46.422.3
Corruption Perceptions Index6127
Life expectancy at birth, years68.854
Suicide mortality rate, per 100,000 people9.39.5
Mortality caused by road traffic injury, per 100,000 people23.821.4
Intentional homicides, per 100,000 people159.9
International tourism, number of arrivals1.6M5.3M

Government debt & reserves

StatBotswanaNigeria
Central government debt, % of GDP12.9%28.4%
External debt stocks, % of GNI9.7%12.4%
External debt stocks$1.7B$47B
Short-term debt, % of total reserves3.8%0%
Total debt service, % of exports and primary income2.4%8.3%
Adjusted net savings including particulate emission damage, % of GNI26.6%1.4%
Gross savings, % of GDP37%19.3%
Gross capital formation, % of GDP29.5%19.8%
Total reserves including gold$6.7B$42.8B
Foreign direct investment net inflows$228.7M$2B

Exports, imports and economic structure

StatBotswanaNigeria
Exports of goods and services, % of GDP39.4%15.5%
Imports of goods and services, % of GDP37.8%17.5%
Current account balance (balance of payments)$345.3M$5.3B
Revenue excluding grants, % of GDP26.8%N/A
Grants excluding technical cooperation, BoP$69.7M$2B
Personal remittances received$31.6M$24.3B
Industry including construction value added, % of GDP29.3%25.7%
Agriculture, forestry and fishing value added, % of GDP2%21.2%
Charges for the use of intellectual property, payments BoP$116.6M$252.8M
Charges for the use of intellectual property, receipts BoP$603k$7.8M
Expense, % of GDP23.6%N/A
Government Expenditure, % of GDP32.1%11.2%

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

Nigeria vs

CountryGDP
per capita
Population
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M