Economic Trivia

Two major investment services rank Botswana as the best credit risk in Africa.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2021): South Africa, Belgium, and United Arab Emirates
Top 3 Exported Goods (2021): Precious Stones & Metals, Electrical Machinery, and Ores

Top Industries Source: CIA World Factbook

Diamonds; Copper; Nickel; Salt

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $42,202,045,545 (2021)
GDP Growth Rate (annual %) 11.37% (2021)
GDP Per Capita, PPP (current international) $16,304 (2021)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 123/197 (2021)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 7.241% (2021)
External debt stocks, total (DOD, current US$) $1,981,527,906 (2021)
Total tax rate (% of commercial profits) 25.1% (2019)
Real Interest Rate (5 year average %) 2.657% (2021)
Manufacturing, value added (% of GDP) 5.565% (2021)
Current Account Balance (BoP, current US$) ($122,877,049) (2021)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 1,050,378 (2021)
Employment in Agriculture (% of total employment) 20.386% (2020)
Employment in Industry (% of total employment) 18.105% (2020)
Employment in Services (% of total employment) 61.51% (2020)
Unemployment Rate 24.722% (2021)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $8,783,714,114 (2021)
Exports of goods and services (current US$) $7,858,650,140 (2021)
Total Merchandise Trade (% of GDP) 88.363% (2021)
FDI, net inflows (BoP, current US$) $55,155,205 (2021)
Commercial Service Exports (current US$) $514,314,259 (2021)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Botswana’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank