GFmag Online Readers Survey 2012
Botswana


Botswana Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Botswana; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bankBank of Botswana
International ReservesUS$ 7.885 billion (Source: World Bank; Data updated: November 2010)
Gross Domestic Product - GDPUS$ 15.246 billion (2010 estimate)
GDP (Purchasing Power Parity)30.521 billion of International dollars (2010 estimate)
Real GDP growth
20002001200220032004200520062007
5.9%3.5%9%6.3%6%1.6%5.1%4.8%
2008200920102011*
3.1%-3.7%8.6%6%

*Estimate

GDP per capita - current pricesUS$ 8,179 (2008 estimate)
GDP per capita - PPP$16,375 International Dollars (2008 estimate)
GDP (PPP) - share of world total
19801990200020102015**
0.01%0.03%0.03%0.04%0.04%

**Forecast

GDP - composition by sector
  • agriculture: 2.1% 
  • industry: 45% 
  • services: 52.9% (2011 estimate)
  • (Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)N/A

(Data released on November 2010)

Inflation
2008200920102011*
12.6%(2008)8.1%7%7.8%

*Estimate

Unemployment rate
2008200920102011*
N/AN/AN/A(2009)N/A

*Estimate

Household saving ratesN/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)
20072008200920102011*
7.1%6.4%13.4%13.2%16%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2007200820092010*2011**
5.6%-3.1%-11.5%-7.9%-5%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: A-/Stable/A-2

Moody's rating: A2

Moody's outlook: NEG

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares
200720082009
US$5.887 billionUS$3.556 billionUS$3.991 billion
Largest companies in BotswanaN/A
DATA ON TRADE AND COMPETITIVENESS
Current account balanceUS$ -0.4 billion (2009 estimate)(After 2008)
Current account balance by percentage of GDP-2.4% of GDP (2009 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

33.6% (2009)

(Data released on December 2010)

Shares in world total merchandising export0.03%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export0.02%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exportsUS$4.419 billion f.o.b. (2010 estimate)
Export commoditiesdiamonds, copper, nickel, soda ash, meat, textiles
Total importsUS$3.931 billion f.o.b. (2008 estimate)
Import commoditiesfoodstuffs, machinery, electrical goods, transport equipment, textiles, fuel and petroleum products, wood and paper products, metal and metal products
Exports - major partnersN/A
Imports - major partnersN/A
FDI inflows
200820092010
US$528 millionUS$579 million(2009)US$529 million(2009)
FDI outflows
200820092010
US$-91 millionUS$-65 millionUS$-38 million
Value of cross-border M&A, by country of purchaser
2008200920102011
US$3 millionN/A(2009)N/A(2009)N/A
Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 52 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 90 out of 183 countries(2009)

Registering property: 44 out of 183 countries

Paying Taxes: 21 out of 183 countries

Getting credit: 46 out of 183 countries

Protecting investors: 44 out of 183 countries

Trading across border: 151 out of 183 countries

Enforcing Contracts: 70 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)
80

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 40 Score: 68.8 (Moderately Free) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zoneUTC+2
Total area 582,000 km2 (2006)
CapitalGaborone (2009)
Currencypulas (BWP) (2009)
Government typeparliamentary republic (2009)
LanguagesSetswana 78.2%, Kalanga 7.9%, Sekgalagadi 2.8%, English 2.1% (official), other 8.6%, unspecified 0.4% (2001 census)
ReligionsChristian 71.6%, Badimo 6%, other 1.4%, unspecified 0.4%, none 20.6% (2001 census)
Total population
1980199020002010*2015**
0.91 million1.28 million1.64 million1.84 million1.97 million

*Estimate    **Forecast

Urban population as % of total population
1960198020002009
3.1%16.5%53.2%60.3%
Population median age21.0 years (2006)
Population growth rate1.5% (2009)
Life expectancy50 years (2007)
Adult literacy83% (2000/2007)
% of population living on less than $2 a day49.40% (2011)
Inequality of wealth distribution (Gini index)

60.5 (1993)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:3
Civil Liberties:2 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

124.61% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population6% (Data were released in 2011 and refer to 2010)
Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Gaborone: 195th (2011)

CO2 emissions
(Metric tons of CO2 per capita)

2.5194 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST INTERNET BANKS

2009:
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Standard Chartered (2009)

WORLD'S BEST EMERGING MARKET BANKS

2012:
  • COUNTRY WINNERS Standard Chartered Bank Botswana (National, 2012)
2011:
  • COUNTRY WINNERS Standard Chartered Bank Botswana (National, 2011)
2010:
  • COUNTRY WINNERS Standard Chartered Bank Botswana (National, 2010)
2009:
  • COUNTRY WINNERS Standard Chartered Bank Botswana (National, 2009)

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2012:
  • COUNTRY WINNERS Standard Chartered (National, 2012)
2011:
  • COUNTRY WINNERS Standard Chartered (National, 2011)
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE