Botswana: Economy
|
Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, Upper Middle Income, Lower Middle Income and Low Income |
Upper Middle Income |
|
Level of Development
Source: United Nations Possible values: Developed, In Transition and Developing |
Developing |
| 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 (2016): South Africa, Belgium, and Namibia |
| Top Industries Source: CIA World Factbook | Diamonds; Copper; Nickel; Salt |
Gross Domestic Product (GDP) [1]
| GDP, PPP (current international) | $38,157,039,481 (2016) |
| GDP Growth Rate (annual %) | 4.292% (2016) |
| GDP Per Capita, PPP (current international) | $16,957 (2016) |
GDP Country Rank 115/195 (2016)
Economic Indicators [1]
| Inflation, consumer prices (annual %) | 3.769% (2016) |
| External debt stocks, total (DOD, current US$) | $2,100,343,000 (2016) |
| Total tax rate (% of commercial profits) | 25.1% (2017) |
| Real Interest Rate (5 year average %) | -3.767% (2016) |
| Manufacturing, value added (% of GDP) | 5.68% (2016) |
| Current Account Balance (BoP, current US$) | $1,984,686,136 (2016) |
Labor and Employment [1]
| Labor Force, Total | 1,130,048 (2017) |
| Employment in Agriculture (% of total employment) | 26.199% (2017) |
| Employment in Industry (% of total employment) | 13.537% (2017) |
| Employment in Services (% of total employment) | 60.264% (2017) |
| Unemployment Rate | 18.101% (2017) |
Trade [1]
| Imports of goods and services (current US$) | $6,581,935,964 (2016) |
| Exports of goods and services (current US$) | $8,632,312,409 (2016) |
| Total Merchandise Trade (% of GDP) | 86.64% (2016) |
| FDI, net inflows (BoP, current US$) | $10,476,236 (2016) |
| Commercial Service Exports (current US$) | $1,318,936,676 (2016) |
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.