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Trading Basics

Botswana

Capital
Gaborone
Region
Sub-Saharan Africa
Income group
Upper middle income
Population
2.6 million (2025)

At a glance

  • Prices in Botswana rose 2.7% in 2025, close to the middle of the range worldwide.
  • Botswana's economy shrank 0.7% in 2025, slower than most economies.
  • Output per person in Botswana was US$7,778 in 2025, close to the middle of the range worldwide.
  • 24.5% of Botswana's labour force had no job in 2025, a higher share than in most countries.
  • Botswana's central government owed 19.8% of GDP in 2023, less than in most countries with data.
  • Botswana had 2.6 million people in 2025: about less than 0.1% of everyone on Earth, the 143rd largest population of 217 countries and territories.
  • Botswana had a current account surplus of 2.9% of GDP in 2025, higher than in most countries.

Consumer prices, change over the year (yearly average)

2.7%
World median 3.0%

Since 2000

Show the numbers
Inflation in Botswana and the world median, last ten years
YearBotswanaWorld median
20252.7%3.0%
20242.8%3.0%
20235.1%5.7%
202211.7%8.0%
20217.2%3.5%
20201.9%1.9%
20192.8%2.2%
20183.2%2.5%
20173.3%2.3%
20162.8%1.6%

Real GDP, change over the year

−0.7%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Botswana and the world median, last ten years
YearBotswanaWorld median
2025−0.7%3.4%
2024−2.8%3.4%
20233.2%3.2%
20225.5%4.3%
202111.9%5.1%
2020−8.7%−3.8%
20193.0%2.8%
20184.2%3.2%
20174.1%3.3%
20167.2%3.1%

GDP divided by population, in US dollars at current prices

US$7,778
World median US$7,882

Since 2000

Show the numbers
GDP per person in Botswana and the world median, last ten years
YearBotswanaWorld median
2025US$7,778US$7,882
2024US$7,650US$7,853
2023US$7,827US$7,862
2022US$8,329US$7,656
2021US$7,808US$7,269
2020US$6,323US$6,433
2019US$7,172US$7,037
2018US$7,408US$6,978
2017US$7,105US$6,548
2016US$6,749US$5,982

Share of the labour force without a job (ILO modelled estimate)

24.5%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Botswana and the world median, last ten years
YearBotswanaWorld median
202524.5%5.1%
202423.8%5.1%
202323.4%5.2%
202223.6%5.3%
202123.1%6.0%
202021.0%6.4%
201920.1%5.4%
201819.7%5.4%
201719.7%5.6%
201619.3%5.9%

Central government debt, % of GDP

19.8%
World median 60.7%

Since 2006

Show the numbers
Government debt in Botswana and the world median, last ten years
YearBotswanaWorld median
202319.8%60.7%
202218.3%55.6%
202119.7%58.8%
202019.6%64.3%
201916.2%49.2%
201815.2%47.3%
201714.7%51.2%
201615.8%50.2%
201519.1%49.4%
201418.3%46.8%

Everyone living in the country, mid-year

2.6 million

Since 2000

Show the numbers
Population in Botswana and the world median, last ten years
YearBotswana
20252.6 million
20242.5 million
20232.5 million
20222.4 million
20212.4 million
20202.4 million
20192.3 million
20182.3 million
20172.3 million
20162.2 million

Current account balance, % of GDP

2.9%
World median −0.8%

Since 2000

Show the numbers
Current account balance in Botswana and the world median, last ten years
YearBotswanaWorld median
20252.9%−0.8%
2024−4.5%−1.3%
20231.5%−1.2%
2022−0.6%−3.0%
2021−1.8%−2.4%
2020−9.8%−1.7%
2019−6.9%−2.1%
20180.4%−2.9%
20175.6%−2.1%
20168.0%−2.8%

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Botswana since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Government debt: International Monetary Fund, Government Finance Statistics; Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.