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 bank Bank of Botswana
International Reserves US$ 8.082 billion (Source: IMF; Data updated: 2012)
Gross Domestic Product - GDP US$ 16.668 billion (2010 estimate)
GDP (Purchasing Power Parity) 31.089 billion of International dollars (2010 estimate)
Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
3.5% 9% 6.3% 6% 1.6% 5.1% 4.8% 3%
2009 2010 2011 2012*
-4.9% 7.2% 4.6% 3.3%

*Estimate

GDP per capita - current prices US$ 8,888 (2008 estimate)
GDP per capita - PPP $16,579 International Dollars (2008 estimate)
GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
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 March 2012)

Inflation
2009 2010 2011 2012*
8.1%(2008) 7% 8.5% 7.8%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A(2009) N/A

*Estimate

Household saving rates N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
6.4% 16.1% 17.8% 17.3% 16.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-8.9% -13% -7.2% -4.2% 0.6%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: A-

Moody's rating: A2

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$4.278 billion US$4.076 billion US$4.107 billion
Largest companies in Botswana N/A
DATA ON TRADE AND COMPETITIVENESS
Current account balance US$ -680 million (2009 estimate)(After 2008)
Current account balance by percentage of GDP -4.1% of GDP (2009 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

32.6% (2010)

(Data released on April 2012)

Shares in world total merchandising export 0.03%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export 0.01% (2010)(2007)

(Data were released in 2012)

Total exports US$4.545 billion (2012 estimate) 
Export commodities diamonds, copper, nickel, soda ash, meat, textiles
Total imports US$6.198 billion (2012 estimate) 
Import commodities foodstuffs, machinery, electrical goods, transport equipment, textiles, fuel and petroleum products, wood and paper products, metal and metal products
Exports - major partners N/A
Imports - major partners N/A
FDI inflows
2009 2010 2011
US$968 million US$559 million(2009) US$587 million(2009)
FDI outflows
2009 2010 2011
US$48 million US$3 million US$4 million
Value of cross-border M&A, by country of purchaser
2008 2009 2010 2011
US$3 million N/A(2009) N/A(2009) N/A
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

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

Cross-border M&A deals worth over $3 billion completed in 2011

(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 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 59 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 99 out of 185 countries(2009)

Enforcing Contracts: 68 out of 185 countries

Registering Property: 51 out of 185 countries

Getting credit: 53 out of 185 countries

Protecting investors: 49 out of 185 countries

Trading across border: 147 out of 185 countries

Paying Taxes: 39 out of 185 countries

Dealing with Construction Permits: 132 out of 185 countries

Getting Electricity: 90 out of 185 countries

Resolving Insolvency: 29 out of 185 countries

(2013)

Global competitiveness ranking
(ranking by country on a basis of 144, the first is the best)
79

(2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 33 Score: 69.6 (Moderately Free) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zone UTC+2
Total area 582,000 km2 (2006)
Capital Gaborone (2009)
Currency pulas (BWP) (2009)
Government type parliamentary republic (2009)
Languages Setswana 78.2%, Kalanga 7.9%, Sekgalagadi 2.8%, English 2.1% (official), other 8.6%, unspecified 0.4% (2001 census)
Religions Christian 71.6%, Badimo 6%, other 1.4%, unspecified 0.4%, none 20.6% (2001 census)
Total population
1980 1990 2000 2012* 2017**
0.91 million 1.28 million 1.64 million 1.88 million 1.99 million

*Estimate    **Forecast

Urban population as % of total population
1960 1980 2000 2011
3.1% 16.5% 53.2% 61.6%
Population median age 23 years (2010)
Population growth rate 1.2% (2011)
Life expectancy 53 years (2010)
Adult literacy 84% (2005/2010)
% of population living on less than $2 a day 49.40% (2011)
Inequality of wealth distribution (Gini index)

60.96 (1994)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:3
Civil Liberties:2 (2011)

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

Total telephone subscribers as % of population

150.19% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population 7% (Data were released in 2012 and refer to 2011)
Cost of living - Mercer 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)

2.2356 (Data were released in 2012 and refer to 2009)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST INTERNET BANKS

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

WORLD'S BEST EMERGING MARKET BANKS

2012:
  • COUNTRY WINNERS Standard Chartered Bank Botswana (National, 2012)
2011:
  • COUNTRY WINNERS Standard Chartered Bank Botswana (Global, 2011)
2010:
  • COUNTRY WINNERS Standard Chartered Bank Botswana (National, 2010)
2009:
  • COUNTRY WINNERS Standard Chartered Bank Botswana (Henrique de Campos Meirelles, 2009)

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2013:
  • COUNTRY WINNERS Stanbic Botswana (National, 2013)
2012:
  • COUNTRY WINNERS Standard Chartered (Latin America, 2012)
2011:
  • COUNTRY WINNERS Standard Chartered (Latin America, 2011)
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE