Africa > Botswana > Economy

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Agriculture > products livestock, sorghum, maize, millet, beans, sunflowers, groundnuts
Aid as % of GDP	0.6%		[100th of 129]
Definition: Economy > Aid as % of GDP
Debt > External	$408,000,000.00		[131st of 136]
Definition: Economy > Debt > External
Distribution of family income > Gini index	63		[1st of 43]
Definition: Economy > Distribution of family income > Gini index
Economic freedom	2.5		[37th of 156]
Definition: Economy > Economic freedom
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.
Definition: Economy > Economy > Overview
Exports	$5,025,000,000.00		[99th of 189]
Definition: Economy > Exports
GDP	$10,327,740,000.00		[97th of 203]
Definition: Economy > GDP
GDP > PPP	$16,005,000,000.00		[106th of 163]
Definition: Economy > GDP > PPP
GDP > Real growth rate	4.8%		[107th of 198]
Definition: Economy > GDP > Real growth rate
GDP growth > annual %	6.19 annual %		[48th of 187]
Definition: Economy > GDP growth > annual %
GINI index	60.51		[3rd of 40]
Definition: Economy > GINI index
Gross National Income	$5,250,760,000.00		[100th of 172]
Definition: Economy > Gross National Income
Human Development Index	0.565		[132nd of 178]
Definition: Economy > Human Development Index
Income category	Upper middle income
Definition: Economy > Income category
Population below poverty line	30.3%		[25th of 46]
Definition: Economy > Population below poverty line
Population under $1 a day	33.3		[19th of 59]
Definition: Economy > Population under $1 a day
Poverty > Share of all poor people	0.05 % of world's poor		[53rd of 80]
Definition: Economy > Poverty > Share of all poor people
Public debt	5.4 % of GDP		[116th of 121]
Definition: Economy > Public debt
Tourist arrivals	734,000		[61st of 152]
Definition: Economy > Tourist arrivals

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