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Sub-Saharan Africa · Upper middle income

Botswana: the economy in numbers

Per person: $7,778, or $20,698 at purchasing power parity. Population: 2.56 million (2025).

$19.9B−0.7%real GDP growth, 2025

GDP in 2025, current US dollars: #133 of 204 economies. IMF forecast for 2026: +4.4%.

GDP per capita
$7,778
2025 · #111 of 204
GDP per capita, PPP
$20,698
2025 · #102 of 197
Inflation
2.7%
2025 · IMF forecast 2026: 7.2%
Government debt
30.5%
2024 · % of GDP, general government
Population
2.56M
2025 · #143 of 217
Unemployment
24.5%
2025 · ILO estimate
Stock market capitalization
21.5%
2025 · % of GDP · $4.28B
Life expectancy
69.3 years
2024

GDP

Adjusted for US inflation, in 2025 dollars: $331 million in 1960, $19.9 billion in 2025.

Current US dollars; “In 2025 dollars” removes US inflationSource: World Bank, World Development Indicators (CC BY 4.0)

GDP per capita

In 2025 dollars: $642 per person in 1960, $7,778 in 2025.

GDP per capitaGDP per capita, PPP (international $)
PPP: purchasing power parity, international dollarsSource: World Bank, World Development Indicators (CC BY 4.0)

Real GDP growth

Average over 2016–2025: 2.5% a year. Years of falling GDP since 1961: 6 of 65.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Inflation

Consumer prices rose 4.6 times from 2000 to 2025. Highest annual inflation: 16.4% in 1981.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Government debt, % of GDP

Highest since 1998: 30.5% of GDP in 2024. IMF forecast for 2031: 64.4%.

General government (IMF)Central government only (World Bank)
Shaded: IMF estimates from 2025, forecasts from 2026Source: International Monetary Fund, World Economic Outlook (October 2026)
Source: World Bank, World Development Indicators (CC BY 4.0)

Stock market capitalization, % of GDP

In 2025 listed domestic companies were worth $4.28 billion, or 21.5% of GDP.

Listed domestic companies, end of year (the “Buffett indicator”)Source: World Bank, World Development Indicators (CC BY 4.0)

Population

1960: 516,165 · 2025: 2.56 million.

Source: World Bank, World Development Indicators (CC BY 4.0)

Unemployment rate

1991: 13.8% · 2025: 24.5%.

% of the labor force, ILO modeled estimatesSource: World Bank, World Development Indicators (CC BY 4.0)

Life expectancy at birth

1960: 51.2 years · 2024: 69.3 years.

Source: World Bank, World Development Indicators (CC BY 4.0)

Exports of goods and services

1960: 26.3% · 2025: 32.0%.

% of GDPSource: World Bank, World Development Indicators (CC BY 4.0)

Data by year

Show the year-by-year table
YearGDPGDP per capitaPer capita, PPPReal growthInflationGov. debt, % GDPPopulationUnemploymentStock market, % GDPLife expectancyExports, % GDP
20314.0%f4.5%f64.4%f
20303.9%f4.5%f59.1%f
20293.9%f4.4%f54.4%f
20283.0%f4.4%f49.9%f
20272.2%f7.4%f45.5%f
20264.4%f7.2%f40.3%f
2025$19.9B$7,778$20,698−0.7%2.7%34.0%e2.56M24.5%21.5%32.0%
2024$19.3B$7,650$20,612−2.8%2.8%30.5%2.52M23.8%20.2%69.327.1%
2023$19.4B$7,827$21,0293.2%5.1%22.5%2.48M23.4%18.5%69.232.9%
2022$20.3B$8,329$19,9745.5%11.7%20.0%2.44M23.6%152.7%68.743.5%
2021$18.8B$7,808$17,96111.9%7.2%22.3%2.4M23.1%16.8%63.341.8%
2020$15B$6,323$15,292−8.7%1.9%23.5%2.37M21.0%22.0%67.631.3%
2019$16.7B$7,172$15,9603.0%2.8%21.5%2.33M20.1%21.3%67.237.1%
2018$17B$7,408$15,7864.2%3.2%19.6%2.3M19.7%23.7%66.444.2%
2017$16.1B$7,105$15,7014.1%3.3%19.6%2.27M19.7%65.442.9%
2016$15.1B$6,749$16,2287.2%2.8%22.3%2.23M19.3%64.354.6%
2015$13.5B$6,141$14,144−4.9%3.1%24.5%2.2M18.9%63.253.1%
2014$15.5B$7,122$15,0035.7%4.4%23.9%2.17M18.5%62.261.3%
2013$14.3B$6,667$13,62111.1%5.9%23.8%2.14M18.2%61.261.4%
2012$13.9B$6,596$12,737−0.2%7.5%26.4%2.11M17.9%60.448.1%
2011$15.1B$7,287$13,6356.8%8.5%27.9%2.07M18.0%59.744.2%
2010$12.6B$6,216$12,75310.1%6.9%26.5%2.03M17.9%59.142.1%
2009$10.1B$5,083$11,686−14.1%8.0%22.4%1.99M16.2%58.335.8%
2008$10.7B$5,503$13,8103.3%12.7%7.8%1.95M16.3%57.746.9%
2007$10.6B$5,529$13,3895.8%7.1%5.9%1.91M17.0%56.756.5%
2006$9.92B$5,292$12,5638.4%11.6%6.1%1.87M17.8%55.151.8%
2005$9.92B$5,391$11,4584.6%8.6%7.5%1.84M19.9%54.452.9%
2004$8.96B$4,957$10,8182.7%6.9%10.7%1.81M21.8%53.649.6%
2003$7.51B$4,230$10,4394.6%9.2%7.1%1.78M23.8%52.948.8%
2002$5.44B$3,117$9,9586.1%8.0%8.4%1.74M21.3%52.452.2%
2001$5.49B$3,206$9,4200.3%6.6%7.5%1.71M18.5%52.248.7%
2000$5.79B$3,451$9,3802.0%8.6%8.2%1.68M15.9%16.9%52.351.8%
1999$5.48B$3,340$9,1889.7%7.7%9.3%1.64M18.2%19.2%52.555.2%
1998$4.79B$2,981$8,4410.4%6.7%11.3%1.61M20.9%15.1%53.049.3%
1997$5.02B$3,194$8,4978.3%8.7%1.57M21.0%12.2%53.660.9%
1996$4.85B$3,156$7,8905.8%10.1%1.54M21.6%6.8%54.353.8%
1995$4.73B$3,156$7,5037.0%10.5%1.5M21.4%8.4%54.750.8%
1994$4.26B$2,917$7,0493.6%10.5%1.46M21.2%6.2%56.047.8%
1993$4.16B$2,929$6,8471.9%14.3%1.42M18.8%5.5%57.347.1%
1992$4.15B$3,005$6,7532.9%16.2%1.38M16.3%58.248.2%
1991$3.94B$2,939$6,5987.5%11.8%1.34M13.8%58.953.0%
1990$3.79B$2,903$6,1046.8%11.4%1.31M60.155.1%
1989$3.08B$2,42813.1%11.6%1.27M61.259.2%
1988$2.64B$2,14119.4%8.4%1.24M61.770.5%
1987$1.97B$1,63911.9%9.8%1.2M62.875.1%
1986$1.39B$1,2008.2%10.0%1.16M63.468.3%
1985$1.11B$9947.1%8.1%1.12M63.666.3%
1984$1.24B$1,1458.5%8.6%1.08M63.760.8%
1983$1.17B$1,12113.1%10.5%1.05M63.662.1%
1982$1.01B$1,00612.2%11.1%1.01M63.454.6%
1981$1.07B$1,1079.1%16.4%970K63.049.7%
1980$1.06B$1,13212.0%13.6%937K62.553.1%
1979$820M$90912.1%11.7%902K62.054.1%
1978$590M$69514.3%9.0%849K61.552.1%
1977$452M$56512.0%13.2%800K60.950.9%
1976$372M$49010.6%11.7%759K60.250.4%
1975$355M$4938.4%12.0%720K59.543.6%
1974$306M$4468.8%685K58.940.9%
1973$244M$37421.3%652K58.338.8%
1972$164M$26426.4%622K57.737.4%
1971$127M$21225.8%600K57.133.1%
1970$96.2M$16317.1%590K56.424.7%
1969$77.4M$13215.1%587K55.922.8%
1968$66.2M$11310.6%584K55.423.1%
1967$58.6M$1015.9%581K54.924.6%
1966$51.5M$896.3%578K54.429.3%
1965$45.8M$805.8%575K53.931.7%
1964$41.6M$736.8%566K53.428.8%
1963$38.1M$695.9%553K52.829.0%
1962$35.6M$666.7%540K52.327.9%
1961$32.9M$626.3%528K51.827.2%
1960$30.4M$59516K51.226.3%

e: IMF estimate; f: IMF forecast.

Nearby economies in Sub-Saharan Africa

Nearest by distance between capitals, with GDP per capita.

Angola · Benin · Botswana · Burkina Faso · Burundi · Cabo Verde · Cameroon · Central African Republic · Chad · Comoros · Côte d’Ivoire · DR Congo · Equatorial Guinea · Eritrea · Eswatini · Ethiopia · Gabon · Gambia · Ghana · Guinea · Guinea-Bissau · Kenya · Lesotho · Liberia · Madagascar · Malawi · Mali · Mauritania · Mauritius · Mozambique · Namibia · Niger · Nigeria · Republic of the Congo · Rwanda · Senegal · Seychelles · Sierra Leone · Somalia · South Africa · South Sudan · Sudan · São Tomé and Príncipe · Tanzania · Togo · Uganda · Zambia · Zimbabwe

Rankings

Data and methods

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)