Botswana Economic Statistics and Indicators

24, Feb 2020, EST. Welcome to the Botswana economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Botswana › Change country
National or Regional Currency: Pula, BWP
Year of data: 2015 › Change year
Number of Indicators Listed: 37
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 2155784 ; note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2014 est.)
Area: total: 581,730 sq km ; land: 566,730 sq km ; water: 15,000 sq km
Natural Resources: diamonds, copper, nickel, salt, soda ash, potash, coal, iron ore, silver
Capital: name: Gaborone ; geographic coordinates: 24 38 S, 25 54 E ; time difference: UTC+2 (7 hours ahead of Washington, DC, during Standard Time)

Botswana has maintained one of the world's highest economic growth rates since independence in 1966. However, economic growth was negative in 2009, with the industrial sector shrinking by 30%, after the global crisis reduced demand for Botswana's diamonds. Although the economy recovered in 2010, GDP growth has again slowed. Through fiscal discipline and sound management, Botswana transformed itself from one of the poorest countries in the world to a middle-income country with a per capita GDP of $16,400 in 2013. Two major investment services rank Botswana as the best credit risk in Africa. Diamond mining has fueled much of the expansion and currently accounts for more than one-third of GDP, 70-80% of export earnings, and about one-third of the government's revenues. Botswana's heavy reliance on a single luxury export was a critical factor in the sharp economic contraction of 2009. Tourism, financial services, subsistence farming, and cattle raising are other key sectors. According to official government statistics, unemployment reached 17.8% in 2009, but unofficial estimates run much higher. The prevalence of HIV/AIDS is second highest in the world and threatens Botswana's impressive economic gains. An expected leveling off in diamond production within the next two decades overshadows long-term prospects. A major international diamond company signed a 10-year deal with Botswana in 2012 to move its rough stone sorting and trading division from London to Gaborone by the end of 2013. The move may support Botswana's downstream diamond industry.
More on the Botswana Economy
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GDP (Constant Prices, National Currency) for Botswana in year 2015 is BWP 85.33 Billion.

GDP Growth (Constant Prices, National Currency) for Botswana in year 2015 is -0.339 %.

GDP (Current Prices, National Currency) for Botswana in year 2015 is BWP 137.293 Billion.

GDP (Current Prices, US Dollars) for Botswana in year 2015 is US$ 12.86 Billion.

GDP Deflator for Botswana in year 2015 is 160.897 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Botswana in year 2015 is BWP 40,084.06 .

GDP Per Capita (Current Prices, National Currency) for Botswana in year 2015 is BWP 64,494.07 .

GDP Per Capita (Current Prices, US Dollars) for Botswana in year 2015 is US$ 6,040.96 .

GDP (PPP), US Dollars for Botswana in year 2015 is US$ 34.844 Billion.

GDP Per Capita (PPP), US Dollars for Botswana in year 2015 is US$ 16,368.19 .

GDP Share of World Total (PPP) for Botswana in year 2015 is 0.031 %.

Implied PPP Conversion Rate for Botswana in year 2015 is 3.94 .

Investment (% of GDP) for Botswana in year 2015 is 27.801 %.

Gross National Savings (% of GDP) for Botswana in year 2015 is 37.145 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Botswana in year 2015 is 301.818 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Botswana in year 2015 is 3.041 %.

Inflation, End of Year (Indexed to Year 2000) for Botswana in year 2015 is 295.879 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Botswana in year 2015 is 3.1 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Botswana in year 2015 is -19.006 %.

Import Volumes of Goods Only (Percent Change) for Botswana in year 2015 is -18.677 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Botswana in year 2015 is -24.493 %.

Export Volumes of Goods Only (Percent Change) for Botswana in year 2015 is -27.351 %.

Population for Botswana in year 2015 is 2.129 Million .

General government revenue (National Currency) for Botswana in year 2015 is BWP 53.774 Billions.

General government revenue (% of GDP) for Botswana in year 2015 is 38.193 %.

General government total expenditure (National Currency) for Botswana in year 2015 is BWP 55.961 Billions.

General government total expenditure (% of GDP) for Botswana in year 2015 is 39.746 %.

Total Government Net Lending/ Borrowing (National Currency) for Botswana in year 2015 is BWP -2.187 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Botswana in year 2015 is -1.553 %.

General Government Structural Balance (National Currency) for Botswana in year 2015 is BWP -5.972 Billion.

Fiscal Year Gross Domestic Product, Current Prices for Botswana in year 2015 is BWP 140.796 Billions.

Current Account Balance (US Dollars) for Botswana in year 2015 is US$ 1.202 Billion.

Current Account Balance (% GDP) for Botswana in year 2015 is 9.344 %.