Worlddata.info

Indicators of economy in Botswana

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,183 USD per capita. GDP in Botswana, on the other hand, reached USD 6,805 per capita, or 17.61 billion USD for the whole country. Botswana is one of the smaller economies and is currently ranked 123. If this is calculated per inhabitant, taking purchasing power parity into account, then Botswana ranks 84th in the list of the richest countries.

Inflation in Botswana in 2022 was around 11.67%. Within the EU, the average in the same year was 9.22 percent. In the United States, it was most recently 8.00%.

The index for perceived corruption in the public sector is 60, which is rather mediocre by global standards.


Back to overview: Botswana

Impact of the COVID-19 pandemic

The consequences of the COVID pandemic in 2020 were considerable in Botswana. Overall, gross domestic product in 2020 fell from 16.70 billion US dollars to 14.93 billion US dollars. With a large drop of 10.58 percent, the economy in Botswana has struggled significantly more than other countries. The tourism sector alone slumped by around 70 percent. The unemployment rate rose from 20.1 to 21.0 percent. The country's gross debt increased by 6.1 percent. The inflation rate fell from 2.8 percent previously to 1.9 percent by the end of 2020.

In 2021, there was already a recovery and the gross domestic product increased to 17.61 billion US dollars (=105.5% of 2019).

Income and purchasing power

The average monthly income in Botswana is 536 US Dollar per capita. In the USA, the figure is 5,911 US Dollar. However, the prices of consumer goods are also around 55.7 percent lower than in the USA. If you compare income and price levels, the result is a more expensive life in Botswana than in the United States. The bottom line is that the costs do not offset the lower income, and you get about 79.5 percent less.

However, it is also important to remember that this is a purely statistical model. Both the labor output and the type and quality of the goods received always correspond to the national average on both sides of the equation - so they do not necessarily have to match. Here you can also find an international comparison of cost of living and purchasing power.

Unemployment rates in percentages 1991 - 2022

Economic performance 2021

 Botswana
Total		Botswana
per capita		EU
Total		EU
per capita
GDP17.61 bn USD6,805.22 USD17.177 tn USD33,384.92 USD
Gross national product16.64 bn USD6,426.83 USD16.895 tn USD32,835.37 USD


In the Global Innovation Index, Botswana ranked 86th in 2022 with 23.9 points. The index is calculated annually by the World Intellectual Property Organization (WIPO) and most recently included 132 countries. The top country was Switzerland with 64.6 points.

Development of gross domestic product in billions of USD 1960 - 2021


› Debt budget development
› Development of inflation
› Corruption in Botswana
› Cost of living in a global comparison


Imports and Exports 2021

 Botswana
Total		Botswana
per capita		EU
Total		EU
per capita
Imports7.35 bn USD2,839.26 USD8.916 tn USD17,329.02 USD
Exports4.69 bn USD1,810.57 USD9.554 tn USD18,569.19 USD


Development of imports and exports in millions of USD 1975 - 2021

Exports
Imports



Botswana: AirportsLargest airports and airlines in BotswanaThe 10 biggest airports and in Botswana with further information and data with further information on airlines and destinations
Pariah StatesList of the 11 current Pariah States11 countries, that suffer from the sanctions of the international community because of their mostly autocratic government.
New Zealand: Sunrise + sunsetTimes for sunrise and sunset in New ZealandTimes of sunrise and sunset for the most important cities in New Zealand and the avg. length of daylight per month