Burkina Faso vs Georgia: Economic Indicators Comparison

Georgia with a GDP of $17.6B ranked the 119th largest economy in the world, while Burkina Faso ranked 129th with $14.1B. By GDP 5-years average growth and GDP per capita, Georgia and Burkina Faso ranked 54th vs 28th and 111th vs 184th, respectively.

Gross Domestic Product & Income

StatBurkina FasoGeorgia
GDP$14.1B$17.6B
GDP growth, 1 year6%4.7%
GDP growth, 5-years average5.3%4%
Population19.2M3.7M
GDP per capita$715$4.7k
GDP per capita growth3.81%4.72%
Purchasing Power Parity conversion factor200.221
Price level ratio of PPP conversion factor GDP to market exchange rate0.360.39
GDP per capita, PPP adjusted$2k$11k
GNI, Atlas method$13.3B$16.6B
GNI per capita$670$4.4k
GNI, PPP adjusted$38.9B$42.9B
GNI per capita, PPP adjusted$2k$12k

Financial system and Human development

StatBurkina FasoGeorgia
Income Tax Rate27.5%20%
Corporate Tax Rate28%15%
Inflation, consumer prices2%2.6%
Inflation, GDP deflator2.4%4.4%
Unemployment6.1%14.1%
Economic Freedom Index56.777.1
Personal Freedom Index7.637.4
Human Freedom Index6.847.48
Property Rights Index46.968.6
Judical Effectiveness Index42.657.9
Business Freedom Index47.685.3
Fiscal Health Index49.294.4
Labor Freedom Index52.176.3
Investment Freedom Index6580
Financial Freedom Index4070
Trade Freedom Index61.888.6
Monetary Freedom Index82.478.3
Government Spending Index7773.6
Tax Burden Index81.387.1
Government Integrity Index34.164.8
Corruption Perceptions Index4158
Life expectancy at birth, years60.873.4
Suicide mortality rate, per 100,000 people7.78.2
Mortality caused by road traffic injury, per 100,000 people30.515.3
Intentional homicides, per 100,000 people1.31
International tourism, number of arrivals144k4.8M

Government debt & reserves

StatBurkina FasoGeorgia
Central government debt, % of GDP43%44.5%
External debt stocks, % of GNI23.4%110.6%
External debt stocks$3.3B$17.1B
Short-term debt, % of total reservesN/A81.1%
Total debt service, % of exports and primary income3.5%23.7%
Adjusted net savings including particulate emission damage, % of GNI-9%12.5%
Gross savings, % of GDP19.1%21%
Gross capital formation, % of GDP24.7%28.1%
Total reserves including goldN/A$3.3B
Foreign direct investment net inflows$480M$1.2B

Exports, imports and economic structure

StatBurkina FasoGeorgia
Exports of goods and services, % of GDP30.8%50.6%
Imports of goods and services, % of GDP37.2%61.2%
Current account balance (balance of payments)-$894.1M-$1.2B
Revenue excluding grants, % of GDP18.9%23%
Grants excluding technical cooperation, BoP$720.7M$314.1M
Personal remittances received$455.7M$2B
Industry including construction value added, % of GDP19.5%19.9%
Agriculture, forestry and fishing value added, % of GDP28%6.8%
Charges for the use of intellectual property, payments BoP$438k$27.1M
Charges for the use of intellectual property, receipts BoP$725k$270k
Expense, % of GDP19.5%21.4%
Government Expenditure, % of GDP27.7%29.6%

Compare with countries close by GDP per capita

Burkina Faso vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M

Georgia vs

CountryGDP
per capita
Population
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
Namibia
$5.9k
2.53M
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
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
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M