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| MOTSWANA -BATSWANA ECONOMY STATS: |
| Top Stats |
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Agriculture > products
livestock, sorghum, maize, millet, beans, sunflowers, groundnuts |
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Aid as % of GDP
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0.6% |
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[100th of 129]
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Debt > External
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$408,000,000.00 |
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[131st of 136]
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Distribution of family income > Gini index
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63 |
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[1st of 43]
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Economic freedom
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2.5 |
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[37th of 156]
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Economy > Overview
Botswana has maintained one of the world's highest economic growth rates since independence in 1966, though growth slowed to 4.7% annually in 2006-07. Through fiscal discipline and sound management, Botswana has transformed itself from one of the poorest countries in the world to a middle-income country with a per capita GDP of nearly $15,000 in 2007. 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 and for 70-80% of export earnings. Tourism, financial services, subsistence farming, and cattle raising are other key sectors. On the downside, the government must deal with high rates of unemployment and poverty. Unemployment officially was 23.8% in 2004, but unofficial estimates place it closer to 40%. HIV/AIDS infection rates are the second highest in the world and threaten Botswana's impressive economic gains. An expected leveling off in diamond mining production overshadows long-term prospects. |
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Exports
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$5,025,000,000.00 |
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[99th of 189]
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GDP
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$10,327,740,000.00 |
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[97th of 203]
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GDP > PPP
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$16,005,000,000.00 |
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[106th of 163]
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GDP > Real growth rate
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4.8% |
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[107th of 198]
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GDP growth > annual %
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6.19 annual %
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[48th of 187]
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GINI index
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60.51
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[3rd of 40]
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Gross National Income
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$5,250,760,000.00 |
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[100th of 172]
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Human Development Index
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0.565 |
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[132nd of 178]
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Income category
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Upper middle income |
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Population below poverty line
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30.3% |
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[25th of 46]
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Population under $1 a day
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33.3 |
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[19th of 59]
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Poverty > Share of all poor people
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0.05 % of world's poor |
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[53rd of 80]
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Public debt
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5.4 % of GDP |
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[116th of 121]
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Tourist arrivals
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734,000 |
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[61st of 152]
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... View all Economy stats
SOURCES: CIA World Factbook, 28 July 2005; calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; All CIA World Factbooks 18 December 2003 to 18 December 2008; The Heritage Foundation; World Development Indicators database and CIA World Factbook; World Bank. 2005. World Development Indicators 2005.; World Development Indicators database; ; Human Development Report 2006, United Nations Development Programme; ; World Bank 2002b via backone.pdf; Country Responsibilities in Achieving the Millenium Development Goals", April 8 2003, by Janice Poling; United Nations World Statistics Pocketbook and Statistical Yearbook
ALTERNATIVE NAMES:
Botswana, Republic of Botswana
Related links:
More facts and figures on Botswana
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