Burkina Faso vs Grenada: Economic Indicators Comparison

Burkina Faso with a GDP of $14.1B ranked the 129th largest economy in the world, while Grenada ranked 183rd with $1.2B. By GDP per capita, Burkina Faso and Grenada ranked 184th vs 70th, respectively.

Gross Domestic Product & Income

Stat	Burkina Faso	Grenada
GDP	$14.1B	$1.2B
GDP growth, 1 year	6%	4.18%
GDP growth, 5-years average	5.3%	N/A
Population	19.2M	108k
GDP per capita	$715	$11k
GDP per capita growth	3.81%	3.64%
Purchasing Power Parity conversion factor	200.22	1.85
Price level ratio of PPP conversion factor GDP to market exchange rate	0.36	0.68
GDP per capita, PPP adjusted	$2k	$16k
GNI, Atlas method	$13.3B	$1.1B
GNI per capita	$670	$9.7k
GNI, PPP adjusted	$38.9B	$1.6B
GNI per capita, PPP adjusted	$2k	$14k

Financial system and Human development

Stat	Burkina Faso	Grenada
Income Tax Rate	27.5%	N/A
Corporate Tax Rate	28%	N/A
Inflation, consumer prices	2%	0.8%
Inflation, GDP deflator	2.4%	1%
Unemployment	6.1%	22.9%
Economic Freedom Index	56.7	63
Personal Freedom Index	7.63	6
Human Freedom Index	6.84	6
Property Rights Index	46.9	N/A
Judical Effectiveness Index	42.6	N/A
Business Freedom Index	47.6	N/A
Fiscal Health Index	49.2	N/A
Labor Freedom Index	52.1	N/A
Investment Freedom Index	65	N/A
Financial Freedom Index	40	N/A
Trade Freedom Index	61.8	N/A
Monetary Freedom Index	82.4	N/A
Government Spending Index	77	N/A
Tax Burden Index	81.3	N/A
Government Integrity Index	34.1	N/A
Corruption Perceptions Index	41	52
Life expectancy at birth, years	60.8	72.4
Suicide mortality rate, per 100,000 people	7.7	1.7
Mortality caused by road traffic injury, per 100,000 people	30.5	9.3
Intentional homicides, per 100,000 people	1.3	11.1
International tourism, number of arrivals	144k	185k

Government debt & reserves

Stat	Burkina Faso	Grenada
Central government debt, % of GDP	43%	N/A
External debt stocks, % of GNI	23.4%	58.8%
External debt stocks	$3.3B	$644.9M
Short-term debt, % of total reserves	N/A	50.4%
Total debt service, % of exports and primary income	3.5%	8.4%
Adjusted net savings including particulate emission damage, % of GNI	-9%	N/A
Gross savings, % of GDP	19.1%	N/A
Gross capital formation, % of GDP	24.7%	N/A
Total reserves including gold	N/A	$233.8M
Foreign direct investment net inflows	$480M	$153.7M

Exports, imports and economic structure

Stat	Burkina Faso	Grenada
Exports of goods and services, % of GDP	30.8%	54.2%
Imports of goods and services, % of GDP	37.2%	55.2%
Current account balance (balance of payments)	-$894.1M	-$116.3M
Revenue excluding grants, % of GDP	18.9%	N/A
Grants excluding technical cooperation, BoP	$720.7M	$250k
Personal remittances received	$455.7M	$48.5M
Industry including construction value added, % of GDP	19.5%	13.3%
Agriculture, forestry and fishing value added, % of GDP	28%	5.2%
Charges for the use of intellectual property, payments BoP	$438k	$9.3M
Charges for the use of intellectual property, receipts BoP	$725k	$56k
Expense, % of GDP	19.5%	N/A
Government Expenditure, % of GDP	27.7%	N/A