(31 December 2017 est.) [see also: Budget surplus (+) or deficit (-) country ranks ] Stock of direct foreign investment - abroad: 6% (2016 est.) 141 8.9761 [see also: Stock of direct foreign investment - at home country ranks ] Imports - commodities: foodstuffs, machinery, electrical goods, transport equipment, textiles, fuel and petroleum products, wood and paper products, metal and metal products 40 Exports: 6.88% 6.88% (31 December 2017 est.) (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2010 est. (31 December 2017 est.) 140 106 $1.494 billion $4.076 billion (2017 est.) $5.871 billion 148 [see also: Stock of domestic credit country ranks ] (2016 est. (31 December 2012 est.) [see also: Taxes and other revenues country ranks ] (2017 est.) $2.421 billion Public debt: Botswana has abundant diamond and other natural resources, a market-oriented economy, and one of Africa’s highest sovereign credit ratings. (2015 est. (2015 est.) (2017 est.) $2.579 billion [see also: Labor force - by occupation - agriculture country ranks ] Botswana economic growth for 2019 was $18.34B, a 1.73% decline from 2018. [see also: Debt - external country ranks ] (2016 est.) (2016 est. Stock of direct foreign investment - abroad: [see also: Stock of broad money country ranks ] $4.107 billion $5.319 billion Exports - commodities: diamonds, copper, nickel, soda ash, beef, textiles (2016 est.) )country comparison to the world (CIA rank, may be based on non-current data): (2014 est.) (2016 est. [see also: Household income or consumption by percentage share - highest 10% country ranks ] Exports - partners: Belgium 20.3%, India 12.6%, UAE 12.4%, South Africa 11.9%, Singapore 8.7%, Israel 7%, Hong Kong 4.1%, Namibia 4.1% $5.699 billion (31 December 2016 est. Budget: 102 )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. (31 December 2012 est.) [see also: Public debt country ranks ] Stock of broad money: (31 December 2017 est.) [see also: Imports country ranks ] 185 6% 10.9022 (2017 est. $2.421 billion 6.88% $4.076 billion Labor force - by occupation: [see also: Debt - external country ranks ] [see also: Stock of direct foreign investment - at home country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 121 $3.002 billion )country comparison to the world (CIA rank, may be based on non-current data): $1.645 billion 140 Commercial bank prime lending rate: Exchange rates: pulas (BWP) per US dollar - [see also: Labor force - by occupation - agriculture country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Botswana beef export market potential. Botswana’s economic freedom score is 69.6, making its economy the 40th freest in the 2020 Index. $5.871 billion [see also: Stock of direct foreign investment - abroad country ranks ] (31 December 2011 est.) [see also: Market value of publicly traded shares country ranks ] (2017) 128 10.9022 $5.871 billion 84 [see also: Unemployment rate country ranks ] Imports - commodities: foodstuffs, machinery, electrical goods, transport equipment, textiles, fuel and petroleum products, wood and paper products, metal and metal products (2017 est.) (2016 est. Exchange rates: pulas (BWP) per US dollar - $5.934 billion $5.871 billion )country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of direct foreign investment - abroad country ranks ] [see also: Distribution of family income - Gini index country ranks ] agriculture: Imports - commodities: foodstuffs, machinery, electrical goods, transport equipment, textiles, fuel and petroleum products, wood and paper products, metal and metal products $1.645 billion (2016 est. (2017) 151 Budget: [see also: Imports country ranks ] (2009 est. $1.645 billion [see also: Stock of broad money country ranks ] 10.19 (2017 est.) $2.579 billion 106 82 $5.005 billion 151 (2017 est.) (2017) 74 Botswana’s best score was for “Political Stability and Absence of Violence/Terrorism” (percentile rank 90) and worst for “Voice and Accountability” (percentile rank 59). [see also: Debt - external country ranks ] (2017 est.) Stock of broad money: $5.005 billion Exports - partners: Belgium 20.3%, India 12.6%, UAE 12.4%, South Africa 11.9%, Singapore 8.7%, Israel 7%, Hong Kong 4.1%, Namibia 4.1% [see also: GDP (official exchange rate) country ranks ], GDP - real growth rate: Imports - commodities: foodstuffs, machinery, electrical goods, transport equipment, textiles, fuel and petroleum products, wood and paper products, metal and metal products (2016 est. )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): [see also: Market value of publicly traded shares country ranks ] 10.1263 )country comparison to the world (CIA rank, may be based on non-current data): 10.9022 85 imports of goods and services: -33.9% Reserves of foreign exchange and gold: (2009) (2013 est. [see also: Taxes and other revenues country ranks ] 10.9022 (31 December 2017 est.) 5.5% [see also: Imports country ranks ] Imports - partners: South Africa 66.1%, Canada 8.3%, Israel 5.3% 6% $1.645 billion (2013 est. (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): $2.147 billion (2015 est.) (31 December 2010 est. [see also: Budget surplus (+) or deficit (-) country ranks ] $2.579 billion )country comparison to the world (CIA rank, may be based on non-current data): #7 Botswana: While it was marked as the 71st country in the global World Bank’s 2017 report, Botswana lowered its status in the 2018 report.It is now ranked at 86th globally and 7th in Africa with a score of 65.40. 102, country comparison to the world (CIA rank, may be based on non-current data): ), GDP - composition, by end use: Imports - commodities: foodstuffs, machinery, electrical goods, transport equipment, textiles, fuel and petroleum products, wood and paper products, metal and metal products (31 December 2016 est. (2014 est.) Through fiscal discipline and sound management, Botswana transformed itself from one of the poorest countries in the world to a middle-income country with a per capita GDP of approximately $18,100 in 2017. The major sectors contributing majorly to the growing economy of the landlocked Botswana include the mining, tourism, and cattle sector. Exports - commodities: diamonds, copper, nickel, soda ash, beef, textiles 10.9022 NA Exports - partners: Belgium 20.3%, India 12.6%, UAE 12.4%, South Africa 11.9%, Singapore 8.7%, Israel 7%, Hong Kong 4.1%, Namibia 4.1% $7.226 billion $2.421 billion $2.421 billion (2009) $5.871 billion (31 December 2017 est.) 106 (2016 est. 6.88% Market value of publicly traded shares: Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference to the standard of living of its population. (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): $5.934 billion (2014 est.) [see also: Central bank discount rate country ranks ] A politically stable country and most of the population enjoys a high standard of living. Budget surplus (+) or deficit (-): -1% (of GDP) )country comparison to the world (CIA rank, may be based on non-current data): 2018 African Economic Outlook • Botswana’s growth prospects appear favourable, but downside risks emanating from the sluggish recovery of the global economy and uncertainty surrounding global trade remain elevated. (2017 est.) 136 15.6% of GDP [see also: Current account balance country ranks ] (31 December 2017 est.) 74 40.3% of GDP (31 December 2017 est.) (2017 est.) (2017 est.) $5.871 billion 5 (2016 est.) 151 [see also: Imports country ranks ] [see also: Budget - expenditures country ranks ], Taxes and other revenues: 30.5% (of GDP) (2016 est. [see also: Stock of broad money country ranks ] $3.002 billion (2017 est.) (2016 est.) (31 December 2017 est.) 10.9022 (31 December 2016 est. (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): There is huge potential for Botswana beef exports into 11 more markets in Europe, Asia, the Middle East and Africa, according to a new report by the Botswana Private Sector Development Programme. NA (2017 est. )country comparison to the world (CIA rank, may be based on non-current data): Public debt: 10.1263 Stock of broad money: $2.146 billion Commercial bank prime lending rate: revenues: 5.305 billion Imports - commodities: foodstuffs, machinery, electrical goods, transport equipment, textiles, fuel and petroleum products, wood and paper products, metal and metal products [see also: Exports country ranks ] (2015 est.) ), Labor force: 1.177 million (31 December 2016 est. (2017 est.) [see also: Current account balance country ranks ] (31 December 2017 est.) $4.107 billion 5.5% Stock of direct foreign investment - abroad: 151 [see also: Stock of direct foreign investment - at home country ranks ] $2.146 billion Exports - partners: Belgium 20.3%, India 12.6%, UAE 12.4%, South Africa 11.9%, Singapore 8.7%, Israel 7%, Hong Kong 4.1%, Namibia 4.1% 76 (31 December 2017 est.) 10.19 [see also: Imports country ranks ] (31 December 2016 est. NA Stock of broad money: )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2011 est.) Botswana has registered the fourth-largest score drop in the 2015 economic freedom Index this is according to an index released by Heritage Foundation. [see also: GDP country ranks ] [see also: GDP - composition, by sector of origin - industry country ranks ] $7.226 billion Stock of narrow money: 10.9022 )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2011 est.) $1.494 billion (2017) (2016 est. (2016 est.) South Africa had been hot on Nigeria’s heels in largest African Economy status, but due to the incredible drop in the Rand, SA lost its place and now lies 3 rd after Egypt. $4.076 billion $16,500 Exchange rates: pulas (BWP) per US dollar - (31 December 2016 est. $7.491 billion (2017 est.) [see also: Population below poverty line country ranks ] (2017 est.) [see also: Budget - expenditures country ranks ] (2009 est.) 15.6% of GDP (31 December 2016 est. 140 )country comparison to the world (CIA rank, may be based on non-current data): Its tech industry is also booming, as start ups continue to take center stage. (2017 est.) Botswana also ranks as one of the least corrupt and best places to do business in Sub-Saharan Africa. (2017 est.) 2) The rank that you see is the CIA reported rank, which may have the following issues: )country comparison to the world (CIA rank, may be based on non-current data): With respect to its massive economic growth, Nigeria happens to be the country with the largest economy in Africa … 38.8% of GDP imports of goods and services: -33.9% 10.1263 [see also: Central bank discount rate country ranks ] 84 128 [see also: Exports country ranks ] (31 December 2016 est. The country has a mixed type of economy with a relatively high GDP compared to other African countries. $2.579 billion 14% of GDP $5.699 billion (31 December 2017 est.) [see also: Stock of direct foreign investment - abroad country ranks ] 148 Imports - commodities: foodstuffs, machinery, electrical goods, transport equipment, textiles, fuel and petroleum products, wood and paper products, metal and metal products 10.9022 (2013 est.). Stock of domestic credit: 141, country comparison to the world (CIA rank, may be based on non-current data): Inflation rate (consumer prices): )country comparison to the world (CIA rank, may be based on non-current data): $2.146 billion )country comparison to the world (CIA rank, may be based on non-current data): Facts about the Economy. Imports - commodities: foodstuffs, machinery, electrical goods, transport equipment, textiles, fuel and petroleum products, wood and paper products, metal and metal products [see also: GDP - composition, by sector of origin - agriculture country ranks ] (2016 est. $1.645 billion $1.973 billion A new report on economic openness in Ghana by the Legatum Institute, was launched at an event with the African Center for Economic Transformation (ACET) on Thursday 12th December, 2019, emphasising that, furthering investment in infrastructure and increasing access to finance are Ghana’s greatest opportunities for enhancing future prosperity. (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) (31 December 2017 est.) [see also: Reserves of foreign exchange and gold country ranks ] A divided BDP failed to secure a huge majority in the October 2019 elections but is expected to remain in power. 137, country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016) 40 Household income or consumption by percentage share: 10.9022 lowest 10%: 40 Stock of direct foreign investment - abroad: ), Current account balance: industry: (31 December 2017 est.) [see also: Current account balance country ranks ] $1.494 billion $7.226 billion $4.588 billion )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): Commercial bank prime lending rate: $2.187 billion (31 December 2016) 60.5 Gross national saving: (2017 est.) $1.645 billion Exports - commodities: diamonds, copper, nickel, soda ash, beef, textiles 128 $7.491 billion (31 December 2010 est. Imports - partners: South Africa 66.1%, Canada 8.3%, Israel 5.3% Distribution of family income - Gini index: (2016 est. $4.588 billion (31 December 2017 est.) (31 December 2017 est.) 84 $5.934 billion Debt - external: 10.1263 $5.871 billion [see also: Commercial bank prime lending rate country ranks ] Stock of narrow money: 128 $5.005 billion 10.1263 Botswana also ranks as one of the least corrupt and best places to do business in sub-Saharan Africa. South Africa, the southernmost country on the continent, is bordered by Namibia, Zimbabwe, Botswana, Swaziland, Lesotho, and Mozambique. (2016 est. Stock of domestic credit: Botswana’s economic freedom score is 72, the 27th freest economy worldwide and ranked above countries as such as Norway, Belgium and France. 84 NA (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): [see also: Imports country ranks ] [see also: Stock of domestic credit country ranks ] (2017) 60.5 )country comparison to the world (CIA rank, may be based on non-current data): Imports: $5.871 billion Exchange rates: pulas (BWP) per US dollar - (2017 est. 5 (31 December 2016) 151 [see also: Stock of direct foreign investment - at home country ranks ] (2017 est.) (2013 est.) [see also: Reserves of foreign exchange and gold country ranks ] (31 December 2016 est. (31 December 2016 est. imports of goods and services: -33.9% (2016 est. Taxes and other revenues: 30.5% (of GDP) Economists explain that this drop was caused by the lack of interest to … Imports: It is relatively free of corruption and has a good human rights record. (2016 est. 40 [see also: Exports country ranks ] (31 December 2016 est. [see also: Exports country ranks ] (2016 est.) $7.189 billion (2016 est. Commercial bank prime lending rate: (31 December 2016 est. $1.973 billion 136 (2016 est.) $1.645 billion Stock of direct foreign investment - abroad: 20% Botswana economic growth for 2017 was $17.41B, a 11.24% increase from 2016. (31 December 2012 est.) [see also: GDP - composition, by sector of origin - agriculture country ranks ] (2017 est.) See all. $1.312 billion (31 December 2012 est.) (31 December 2016 est. Household income or consumption by percentage share: South Africa is the most industrialized country in Africa, and the economy depends mostly on the industries. [see also: Stock of domestic credit country ranks ] [see also: Inflation rate (consumer prices) country ranks ] [see also: Stock of direct foreign investment - at home country ranks ] (31 December 2016 est. [see also: Current account balance country ranks ] 10.9022 (31 December 2017 est.) (2017 est.) [see also: Imports country ranks ] $4.588 billion )country comparison to the world (CIA rank, may be based on non-current data): 3.3% (2016 est. 10.9022 Public debt: (31 December 2017 est.) Exports - partners: Belgium 20.3%, India 12.6%, UAE 12.4%, South Africa 11.9%, Singapore 8.7%, Israel 7%, Hong Kong 4.1%, Namibia 4.1% $5.699 billion $1.645 billion $4.588 billion )country comparison to the world (CIA rank, may be based on non-current data): $2.146 billion (2017 est.) [see also: Central bank discount rate country ranks ] (31 December 2012 est.) Current account balance: 195 ), Debt - external: (31 December 2017 est.) $3.002 billion (2017) (2016 est. investment in inventories: -1.8% Understand Safari Tier Ratings & Experiences In Botswana | Why Visit Botswana For Your Safari Vacation Or Holidays In Africa. 10.9022 Stock of direct foreign investment - abroad: Diamond mining fueled much of Botswana’s past economic expansion and currently accounts for one-quarter of GDP, approximately 85% of export earnings, and about one-third of the government's revenues. (31 December 2017 est.) 185 (2017 est.) $4.107 billion (2016 est.) 128 $1.494 billion )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. $3.002 billion $1.312 billion Just as the Africa Country Benchmark Report for 2017 amalgamated business, economic, political and social indexes to create an inclusive and holistic view of each African country’s performance, a review of this data also gives insights into which countries have successfully established politically stable governments. $5.319 billion )country comparison to the world (CIA rank, may be based on non-current data): 74 8.9761 Exchange rates: pulas (BWP) per US dollar - [see also: Stock of direct foreign investment - abroad country ranks ] (31 December 2010 est. (2016 est. 140 Stock of domestic credit: 63 (2009 est.) Stock of narrow money: )country comparison to the world (CIA rank, may be based on non-current data): $7.491 billion 84 (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): (2015 est. )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) Situated in the Southern part of Africa, Botswana is among the fastest growing economies in the continent and has served as a major contributor in elevating Africa’s economic conditions. (31 December 2017 est.) $1.494 billion (2009 est.) (2017 est.) [see also: Market value of publicly traded shares country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Exports - commodities: diamonds, copper, nickel, soda ash, beef, textiles )country comparison to the world (CIA rank, may be based on non-current data): (2013 est. 106 $2.579 billion [see also: GDP - composition, by sector of origin - industry country ranks ] (2016 est. 193 Labor force: 1.177 million [see also: Current account balance country ranks ] [see also: Labor force - by occupation - agriculture country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): 136 Stock of direct foreign investment - abroad: Labor force: 1.177 million 20% Commercial bank prime lending rate: $7.189 billion (31 December 2017 est.) [see also: Central bank discount rate country ranks ] 17.8% (31 December 2016 est. services: Growth in private sector employment averaged about 10% per annum during the first 30 years of the country's independence. (2017 est.) 121 [see also: Exports country ranks ] $4.076 billion [see also: GDP - composition, by end use - government consumption country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of direct foreign investment - abroad country ranks ] $4.588 billion Stock of direct foreign investment - at home: (2016 est. (2013 est. )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) $2.187 billion (2013 est.) $5.699 billion )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. 140 Exchange rates: pulas (BWP) per US dollar - agriculture: 1.8% (2017 est.) $3.002 billion $4.107 billion expenditures: 5.478 billion (2017 est.) 151 (2017 est. $5.319 billion )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): (2016 est.) household consumption: 48.5% 148 Botswana, one of Africa's most stable countries, is the continent's longest continuous multi-party democracy. 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