Botswana

Description of Botswana

Botswana, a landlocked country in Southern Africa, is renowned for its stable political climate and vibrant economy. With a rich history and diverse culture, Botswana has experienced impressive economic growth fueled by its diamond mining industry and commitment to good governance. As a key player in the region, Botswana serves as a unique case study for the intersection of economic development, political stability, and environmental conservation efforts. This website aims to provide in-depth analysis and insights into Botswana's macroeconomic landscape, exploring how various factors contribute to its progress and influence its position on the global stage.

Population And Age Structure

Population, total: Botswana's population of 2,546,402 is significantly below the average population of 40,097,746. Botswana is ranked 141 out of 194 countries in terms of total population.

Population ages 0-14 (% of total population): With 33.17% of its population in the 0-14 age group, Botswana exceeds the average of 27.34%. Botswana is ranked 61 out of 194 countries in this age group.

Population ages 0-14, total: Botswana's total population in the 0-14 age group is 844,664, notably lower than the average of 10,327,380. Botswana is ranked 130 out of 194 countries in this category.

Population ages 15-64 (% of total population): Botswana's 63.28% population in the 15-64 age group is slightly below the average of 63.44%. The country is ranked 123 out of 194 in this demographic.

Population ages 15-64, total: Botswana's total population in the 15-64 age group stands at 1,611,382, significantly lower than the average of 26,003,407. Botswana is ranked 140 out of 194 countries for this age group.

Population ages 65 and above (% of total population): Botswana's 3.55% population above 65 years old is well below the average of 9.22%. The country is ranked 145 out of 194 in this category.

Population ages 65 and above, total: Botswana's total population above 65 years is 90,356, significantly lower than the average of 3,766,959. Botswana is ranked 150 out of 194 countries for this age group.

Summary

Botswana has a smaller total population compared to the global average, with a higher percentage of youth (0-14 age group) and a lower percentage of elderly (65 and above). This demographic composition can impact the country's workforce, healthcare system, and overall development trajectory, highlighting the need for targeted policies in education, healthcare, and social welfare to support the younger population and prepare for an aging society in the future.

Population Miscellaneous

- The Rural population in Botswana is 741,589, significantly lower than the attribute average of 18,044,041. Botswana ranks 138 out of 190 countries in this data set.
- The Rural population (% of total population) in Botswana is 29.123%, below the average of 41.158%. Botswana ranks 124 out of 190 countries in this data set.
- The Urban population in Botswana is 1,804,813, notably lower than the attribute average of 22,425,747. Botswana ranks 133 out of 194 countries in this data set.
- The Urban population (% of total population) in Botswana is 70.877%, which is above the average of 59.691%. Botswana ranks 71 out of 194 countries in this data set.
- The Age dependency ratio (% of working-age population) in Botswana is 58.03%, slightly below the average of 59.22%. Botswana ranks 72 out of 194 countries in this data set.
- The Birth rate, crude (per 1,000 people) in Botswana is 24.195, higher than the average of 19.384. Botswana ranks 56 out of 192 countries in this data set.
- The Death rate, crude (per 1,000 people) in Botswana is 6.95, below the average of 8.21. Botswana ranks 117 out of 192 countries in this data set.
- The Fertility rate, total (births per woman) in Botswana is 2.836, above the average of 2.603. Botswana ranks 67 out of 190 countries in this data set.

Summary

Botswana has a relatively low rural population and a high urban population compared to the global average. The country also exhibits a higher birth rate and fertility rate, along with a lower death rate. These demographic indicators are crucial as they provide insight into the country's population distribution, age structure, and potential for economic development based on factors such as labor force availability and healthcare needs.

Military

Botswana's military expenditure in current USD is significantly below the average, with a value of $499,027,479.52, ranking 87 out of 149 countries. The country allocates 3.33% of its GDP to military expenditure, which is above the average of 1.90%, placing Botswana at rank 18 out of 148 countries. Furthermore, Botswana's arms imports are notably lower than the average, with a value of $85,000,000, ranking 41 out of 113 countries.

Botswana has a total of 9,000 armed forces personnel, much lower than the average of 165,908 personnel, placing the country at rank 135 out of 164. Additionally, the percentage of Botswana's total labor force that consists of armed forces personnel is below average at 0.85%, ranking Botswana at 81 out of 164 countries.

Summary

Botswana's military expenditure in current USD is below average, but it allocates a higher percentage of its GDP to military spending compared to the average. Despite having lower arms imports and a smaller number of armed forces personnel, Botswana maintains a significant portion of its labor force in the military.

These findings are important as they indicate that Botswana prioritizes domestic military production and potentially invests more in training and technology rather than imported arms. The relatively high allocation of GDP to military expenditure suggests a strong focus on defense and security within the country's economic planning.

Natural Resources

Botswana has a forest area of 152,547 sq. km, ranking 43rd out of 191 countries. This is below the global average of 211,606.11 sq. km.

The land area in Botswana is 566,730 sq. km, ranking 46th out of 194 countries, which is below the average of 665,166.51 sq. km.

With a surface area of 581,730 sq. km, Botswana ranks 46th out of 194 countries, below the average surface area of 689,779.56 sq. km.

Botswana's arable land covers 260,000 hectares, ranking 138th out of 190 countries, significantly below the average of 7,329,543.16 hectares.

Land under cereal production in Botswana is 156,833 hectares, placing it at the 127th rank out of 174 countries, below the average of 4,206,011.63 hectares.

Botswana receives an average annual precipitation depth of 416 mm, ranking 147th out of 178 countries, below the average of 1,157.83 mm per year.

In terms of renewable internal freshwater resources, Botswana has 2.4 billion cubic meters, ranking 147th out of 178 countries, which is below the average of 240.41 billion cubic meters.

Summary

Botswana's land characteristics, including forest area, land area, surface area, arable land, and land under cereal production, are below global averages. Additionally, the country receives lower annual precipitation depth and has limited renewable internal freshwater resources compared to the global average.

These findings are crucial for Botswana's development and sustainability planning. Understanding its land limitations and water resources can help policymakers make informed decisions regarding agricultural productivity, water management strategies, and environmental conservation efforts to ensure long-term economic growth and resilience.

Resource Rents

- Total natural resources rents (% of GDP): Botswana's value of 0.675% is significantly below the average of 4.63%. This places Botswana at rank 112 out of 175 countries.

- Coal rents (% of GDP): Botswana's value of 0.276% is below the average of 0.396%. Botswana ranks 13 out of 65 countries in this aspect.

- Forest rents (% of GDP): Botswana's value of 0.33% is notably below the average of 1.53%. Botswana is ranked 80 out of 174 countries in this category.

- Mineral rents (% of GDP): Botswana's value of 0.069% is significantly lower than the average of 1.23%. The country holds the rank of 58 out of 86 nations in this measure.

Summary

Botswana shows lower percentages in key natural resource rents compared to global averages across various sectors such as coal, forests, and minerals. Despite these lower figures, Botswana's rankings indicate varying degrees of performance relative to other countries worldwide. These statistics are crucial as they reflect Botswana's reliance on natural resources for economic sustenance and development, highlighting potential areas for further exploration and utilization to enhance economic growth and stability.

Commodities

Botswana's cereal production of 162,134.98 metric tons is significantly below the average of 17,249,945.93 metric tons, ranking 137th out of 174 countries in the dataset. In aquaculture production, Botswana's value of 146 metric tons is notably lower than the average of 679,642.92 metric tons, ranking 145th out of 180 countries.

In capture fisheries production, Botswana's output of 33 metric tons is far less than the average of 467,453.06 metric tons, placing it at 186th out of 190 countries. Similarly, in total fisheries production, Botswana's 179 metric tons is well below the average of 1,153,914.85 metric tons, ranking 180th out of 182 countries.

Regarding fertilizer consumption, Botswana's rate of 66.19 kilograms per hectare of arable land is lower than the average of 159.04 kilograms per hectare, positioning it at 110th out of 187 countries.

Summary

Botswana's agricultural production in cereals, aquaculture, and fisheries falls significantly below global averages, indicating challenges in achieving self-sufficiency and potentially contributing to food insecurity. The low fertilizer consumption rate further highlights potential limitations in maximizing agricultural productivity and efficiency, which could hinder the country's economic growth and development.

Intellectual Property

Botswana's patent applications by nonresidents are significantly below the average of 6538.40, with a focus country rank of 123 out of 129 countries.

In terms of patent applications by residents, Botswana also falls below the average of 19037.56, ranking 113 out of 117 countries included in the data.

The country's trademark applications by nonresidents, standing at 2513, are notably lower than the average of 15878.93, ranking Botswana at 97 out of 130 countries.

Similarly, Botswana's trademark applications by residents, with a value of 663, are below the average of 111055.78, placing the country at rank 101 out of 129.

Botswana's scientific and technical journal articles, at 329.26, are significantly lower than the average of 15103.76, resulting in a rank of 102 out of 192 countries.

The charges for the use of intellectual property in Botswana are notably lower than the average of $3,218,843,494.39, with the country ranking at 70 out of 143 countries.

On the other hand, Botswana's receipts from charges for the use of intellectual property, at $780,308.60, are significantly below the average of $3,191,687,117.58, resulting in a rank of 93 out of 122 countries.

Summary

Botswana lags behind global averages in various key macroeconomic indicators related to intellectual property, such as patent and trademark applications, scientific journal articles, and charges for intellectual property use. These statistics reflect a lower level of innovation and intellectual property activity within the country, which could hinder its competitiveness and economic growth in the long run.

Broad Economy Attributes

- GDP (current US$): Botswana's GDP is $14,960,291,541.18 which is significantly below the average GDP of $442,870,224,838.68. Botswana ranks 121 out of 189 countries in this data set.
- GDP, PPP (current international $): Botswana's GDP, adjusted for purchasing power parity, is $36,423,112,359.44, also notably lower than the average of $734,141,122,350.78. Botswana holds the 121st position out of 181 countries.
- GDP per capita (current US$): Botswana's GDP per capita is $5,875.07, well under the average of $15,462.11. The country ranks 93rd out of 190 nations in this category.
- GDP per capita, PPP (current international $): Botswana's GDP per capita adjusted for purchasing power parity is $14,303.76, below the average of $21,251.89. It holds the 88th position out of 181 countries.
- GNI (current US$): Botswana's GNI is $14,974,235,913.57, significantly lower than the average GNI of $452,040,815,370.70. The country ranks 117 out of 185 nations.
- GNI, PPP (current international $): Botswana's GNI, adjusted for purchasing power parity, is $36,457,062,061.62, notably below the average of $730,698,223,823.47. Botswana holds the 117th position among 181 countries.
- GNI per capita, PPP (current international $): Botswana's GNI per capita, adjusted for purchasing power parity, is $14,320, which is lower than the average of $20,615.75. Botswana ranks 82 out of 181 countries in this metric.

Summary

Botswana's key macroeconomic indicators, including GDP, GDP per capita, and GNI, are notably below the global averages. This places Botswana in lower ranking positions compared to other countries in the dataset across various economic measures. These findings are crucial as they highlight Botswana's current economic standing and its relative position in the global economy, signaling potential areas for improvement and development.

Broad Value Added

Botswana's Gross Value Added at Basic Prices (GVA) is $14,184,707,998.29, ranking 111 out of 176 countries. This value is significantly below the attribute average of $360,070,943,595.12.

Botswana's Agriculture, forestry, and fishing value added (% of GDP) is 2.21%, ranking 142 out of 182 countries. This percentage is notably below the attribute average of 10.86%.

The country's Agriculture, forestry, and fishing value added in current US dollars is $330,332,696.37, ranking 151 out of 182 countries. This figure falls well below the attribute average of $19,924,732,828.07.

Botswana's Services value added (% of GDP) stands at 65.92%, securing a rank of 41 out of 183 countries. The percentage is above the attribute average of 56.72%.

In terms of Services value added in current US dollars, Botswana records $9,861,399,050.99, ranking 110 out of 183 countries. This amount is significantly below the attribute average of $295,837,711,130.69.

For Industry (including construction) value added in current US dollars, Botswana reports $3,992,976,259.65, ranking 116 out of 183 countries. This value is notably lower than the attribute average of $118,421,095,413.50.

Summary

Botswana's economy is heavily skewed towards the services sector, with a high Services value added (% of GDP) which is above the attribute average. However, the country's Agriculture, forestry, and fishing sector lags behind significantly in terms of contribution to the GDP and value added, ranking notably below average. This imbalance indicates a need for diversification and potentially more investment in the agriculture sector to bolster economic growth and stability.

Manufacturing Value Added

Botswana's manufacturing value added in current US dollars is $846,608,275.40, considerably below the attribute average of $76,207,179,589.66, ranking 136th out of 173 countries in the dataset.

The country's manufacturing value added as a percentage of GDP is 5.66%, well below the attribute average of 11.90%, placing Botswana at the 140th position out of 173 countries.

In terms of medium and high-tech manufacturing value added as a percentage of total manufacturing value added, Botswana performs relatively well with a value of 28.73%, surpassing the average of 24.49%, and ranking 53rd out of 149 countries.

Botswana's chemical industry contributes 10.78% to its manufacturing value added, slightly below the average of 11.56%, positioning the country at the 38th place out of 89 countries.

The food, beverages, and tobacco sector constitute 30.93% of Botswana's manufacturing value added, surpassing the average of 24.51%, and ranking 27th out of 92 countries.

Regarding machinery and transport equipment, Botswana contributes 17.95% to its manufacturing value added, which is slightly above the average of 16.85%, placing the country at the 39th position out of 93 countries.

The textiles and clothing industry in Botswana contributes 5.76% to manufacturing value added, below the average of 6.33%, ranking 32nd out of 93 countries.

Botswana's other manufacturing sectors contribute 34.58% to the manufacturing value added, lower than the average of 42.13%, positioning the country at the 69th place out of 94 countries.

Summary

Botswana's manufacturing value added is below the global average, ranking 136th out of 173 countries. However, the country excels in having a higher percentage of medium and high-tech manufacturing value added, outperforming the global average and ranking 53rd out of 149 countries. This suggests that while Botswana may lag in overall manufacturing value, its focus on higher-tech industries could drive future economic growth and competitiveness.

Money

Botswana's consumer price inflation rate is 1.89%, which is below the average of 8.26%. This places Botswana at rank 86 out of 165 countries.

The country's GDP deflator inflation rate is 4.38%, also below the average of 6.90%. Botswana ranks 53 out of 188 countries in this aspect.

Botswana's broad money growth rate stands at 5.89%, significantly lower than the average of 18.03%. This places Botswana at rank 115 out of 139 countries.

Botswana's broad money as a percentage of GDP is 52.37%, below the average of 71.75%. The country ranks 89 out of 139 countries in this metric.

Botswana's broad money to total reserves ratio is 1.59, well below the average of 5.17. Botswana ranks 107 out of 126 countries in this category.

Summary

Botswana demonstrates a consistent trend of having inflation rates below global averages in both consumer prices and GDP deflator. However, its broad money growth rate, broad money as a percentage of GDP, and broad money to total reserves ratio are all below the international average, indicating a relatively conservative monetary policy compared to other countries. This could suggest a cautious approach to monetary expansion and a focus on maintaining financial stability.

Consumption Expenditure

Final consumption expenditure (current US$): Botswana's final consumption expenditure is $12,669,347,515.76, which is significantly below the attribute average of $381,630,252,515.38. Botswana ranks 110 out of 159 countries in this dataset.

Final consumption expenditure (% of GDP): Botswana's final consumption expenditure as a percentage of GDP is 84.69%, slightly above the attribute average of 82.37%. Botswana ranks 62 out of 159 countries in this dataset.

General government final consumption expenditure (current US$): Botswana's government final consumption expenditure is $5,407,105,794.57, much lower than the attribute average of $93,676,578,238.03. Botswana ranks 85 out of 158 countries in this dataset.

General government final consumption expenditure (% of GDP): Botswana's government final consumption expenditure as a percentage of GDP is 36.14%, significantly higher than the attribute average of 18.71%. Botswana ranks 8 out of 158 countries in this dataset.

Household and NPISHs Final consumption expenditure (current US$): Botswana's household and NPISHs final consumption expenditure is $7,262,241,721.19, which is far below the attribute average of $290,127,571,157.69. Botswana ranks 122 out of 158 countries in this dataset.

Households and NPISHs final consumption expenditure (% of GDP): Botswana's household and NPISHs final consumption expenditure as a percentage of GDP is 48.54%, below the attribute average of 63.68%. Botswana ranks 132 out of 158 countries in this dataset.

Summary

Botswana's final consumption expenditure in US dollars is significantly below the attribute average, positioning the country at 110th place out of 159 countries. However, as a percentage of GDP, Botswana's final consumption expenditure is slightly above average, ranking 62nd. Particularly noteworthy is the government final consumption expenditure, which is much lower in absolute terms but higher as a percentage of GDP compared to the global average, placing Botswana at 8th position in this metric.

These findings are crucial as they suggest that Botswana has a relatively high government final consumption expenditure as a proportion of its GDP, indicating a significant role of the government in driving economic activity and public services within the country. The lower household and NPISHs final consumption expenditure compared to the global average might indicate potential areas for growth and development in domestic consumption and investment.

Equities

Botswana's total listed domestic companies stand at 24, significantly below the attribute average of 636.625. This places Botswana at a rank of 62 out of 72 countries in the dataset.

The total value of stocks traded in Botswana is $63,150,000, far below the average of $1,379,501,820.91. Botswana ranks 59th out of 71 countries in this aspect.

Stocks traded as a percentage of Botswana's GDP amount to 0.42%, much lower than the average of 31.65%. This places Botswana at 56th out of 71 countries.

The market capitalization of Botswana's listed domestic companies is $3,295,720,000, well below the average of $1,196,037,851,618.88. Botswana ranks 67th out of 73 countries in this measure.

Botswana's market capitalization of listed domestic companies as a percentage of GDP is 22.03%, lower than the average of 71.24%. This places Botswana at 51st out of 73 countries.

The S&P Global Equity Indices for Botswana show an annual change of -8.19%, significantly below the average of 2.06%. Botswana ranks 57th out of 79 countries in this regard.

Summary

Botswana's key macroeconomic indicators highlight significant underperformance in its stock market compared to the dataset averages. With lower numbers of listed companies, lower stock value, market capitalization, and equity indices, Botswana's financial market shows signs of limited development and investment opportunities. These indicators are crucial as they reflect the country's attractiveness to investors, its financial market maturity, and its potential for economic growth and diversification.

Investment

Botswana's net foreign direct investment stands at -100,018,095.56 USD, significantly above the average of -1,615,235,980.51 USD. With a rank of 60 out of 169 countries, Botswana appears to have attracted a significant amount of net FDI relative to its counterparts.

For net inflows of foreign direct investment, Botswana received 31,792,610.41 USD, well below the average of 5,749,271,080.15 USD. This places Botswana at a rank of 138 out of 182 countries in terms of net FDI inflows.

Botswana's net FDI inflows as a percentage of GDP are 0.21%, which is notably lower than the average of 2.61%. With a rank of 147 out of 178 countries, Botswana's inflows as a percentage of GDP lag behind many other nations.

On the other hand, Botswana's net outflows of foreign direct investment total -68,225,485.14 USD, considerably below the average of 5,707,991,116.07 USD. Botswana ranks 133 out of 156 countries in net FDI outflows.

Botswana's net FDI outflows as a percentage of GDP are -0.46%, indicating a significant deviation from the average of 1.00%. With a rank of 132 out of 155 countries, Botswana exhibits a lower level of outflows relative to its GDP compared to many other nations.

Regarding portfolio investment, Botswana's net portfolio investments amount to 921,708,649.59 USD, higher than the average of 679,559,169.57 USD. Botswana ranks 43 out of 159 countries in terms of net portfolio investments.

Botswana's net portfolio equity inflows are 8,828,802.01 USD, significantly lower than the average of 9,197,145,994.70 USD. This places Botswana at a rank of 43 out of 125 countries in terms of net portfolio equity inflows.

Summary

Botswana's net foreign direct investment (FDI) metrics reveal an interesting trend. While the country attracts a higher amount of net FDI compared to the average, its net FDI inflows as a percentage of GDP are lower than average, indicating room for growth in this aspect. Additionally, Botswana's net portfolio investments surpass the average, showcasing potential for further capital inflows and investment diversification.

These findings are important as they highlight Botswana's strong appeal to foreign investors in terms of FDI, albeit with a lower impact on its GDP. The higher net portfolio investments suggest a positive sentiment towards Botswana's financial markets, signaling opportunities for broader investment avenues and economic development.

Debt

- Botswana's Total debt service (% of GNI) stands at 1.22%, which is significantly below the average of 5.98%. This places Botswana at rank 102 out of 120 countries in the dataset.

- Botswana's Public and publicly guaranteed debt service (% of GNI) is 1.13%, below the average of 2.84%. The country ranks 93 out of 120 in this attribute.

- Botswana's External debt stocks (% of GNI) are at 10.67%, much lower than the average of 65.42%. This places Botswana at rank 117 out of 120 countries.

- Botswana's Debt service on external debt, total (TDS, current US$) is $183,240,052.8, significantly below the average of $9,811,195,839.23. Botswana ranks 89 out of 123 countries in this aspect.

- Botswana's Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) is $168,999,672.6, notably less than the average of $3,310,612,057.60. Botswana ranks 82 out of 123 countries in this attribute.

- Botswana's External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) amount to $1,278,429,299.90, significantly lower than the average of $28,695,879,144.98. The country ranks 101 out of 123 nations.

- Botswana's External debt stocks, private nonguaranteed (PNG) (DOD, current US$) stand at $18,516,136.20, well below the average of $33,734,699,285.22 among 91 countries in the dataset. Botswana ranks 88 in this regard.

- Botswana's External debt stocks, total (DOD, current US$) are at $1,597,427,934.60, significantly below the average of $73,845,530,111.82. Botswana is ranked 103 out of 123 countries in this category.

Summary

Botswana's macroeconomic indicators reveal a strong financial position with low debt service levels and external debt stocks compared to global averages, positioning the country relatively well among its peers. The low Total debt service, Public and publicly guaranteed debt service, and External debt stocks indicate prudent debt management and fiscal responsibility, which can enhance Botswana's attractiveness to investors, maintain economic stability, and foster sustainable long-term growth.

Broad Trade Attributes

1. Trade (% of GDP): Botswana's trade accounts for 77.66% of its GDP, which is below the average of 82.34%. Botswana ranks 67th out of 163 countries in this attribute.

2. Merchandise trade (% of GDP): Botswana's merchandise trade makes up 72.04% of its GDP, higher than the average of 60.01%. Botswana ranks 44th out of 186 countries in this attribute.

3. Trade in services (% of GDP): Botswana's trade in services represents 10.87% of its GDP, significantly below the average of 24.63%. Botswana is ranked 115th out of 171 countries in this attribute.

4. External balance on goods and services (current US$): Botswana has an external balance of -2256407734.06 USD on goods and services, below the average balance of 3405509011.13 USD. Botswana holds the 119th rank out of 163 countries in this attribute.

5. External balance on goods and services (% of GDP): Botswana's external balance is -15.08% of its GDP, lower than the average balance of -5.97%. Botswana is ranked 127th out of 163 countries in this attribute.

Summary

Botswana's trade sector plays a significant role in its economy, with trade accounting for a large portion of its GDP. The country performs well in merchandise trade compared to the global average, ranking 44th out of 186 countries. However, Botswana's trade in services lags behind the average, impacting its overall external balance. These indicators are crucial as they reflect Botswana's integration into the global economy, highlighting strengths in merchandise trade but also underscoring challenges in boosting trade in services to improve its external balance.

Net Trade

Botswana's current account balance is at a deficit of $1.53 billion, ranking 125th out of 170 countries. This is below the average current account balance of $1.44 billion.

The country's current account balance as a percentage of GDP is -10.24%, ranking 144th out of 170 countries. Botswana's percentage is significantly below the average of -2.36%.

Botswana's net trade in goods and services is at a deficit of $2.85 billion, ranking 129th out of 171 countries. This value is below the average of $2.60 billion.

Botswana has a positive net primary income of $13.69 million, ranking 43rd out of 170 countries. This is higher than the average net primary income of $903.81 million.

The country's net secondary income is positive at $1.31 billion, ranking 53rd out of 170 countries. This value is significantly above the average net secondary income of -$269.23 million.

Botswana's net trade in goods is at a deficit of $1.95 billion, ranking 117th out of 171 countries. The country falls below the average net trade in goods of $1.30 billion.

The net financial account for Botswana shows a deficit of $1.11 billion, ranking 118th out of 170 countries. This value is below the average net financial account deficit of $469.84 million.

Summary

Botswana is facing deficits in its current account balance, net trade in goods and services, net trade in goods, and net financial account. However, it has positive net primary and net secondary income. These indicators are crucial as they depict Botswana's economic relationships with other countries, its ability to pay for imports, and its investment position globally. The deficits in key areas like current account balance and trade signify challenges that Botswana may need to address for long-term economic stability and growth.

Broad Export Attributes

Botswana's exports of goods, services, and primary income amount to $4,831,563,730.03, ranking 117th out of 170 countries. This value is significantly below the average of $146,238,908,936.30 for this attribute.

The country's exports of goods and services, standing at $4,703,378,590.04, also fall below the average of $122,938,540,059.78. Botswana is ranked 115th out of 170 countries for this statistic.

Botswana's total exports of goods and services are $4,681,117,661.46, ranking 111th out of 163 countries. This value is below the average of $129,596,864,610.19.

With exports of goods and services equal to 31.29% of its GDP, Botswana is ranked 77th out of 163 countries. This percentage is below the average of 38.19% for this attribute.

The country's goods exports amount to $4,341,311,311.14, placing Botswana 108th out of 171 countries. This value is significantly below the average of $93,310,581,697.39.

Botswana's international tourism receipts, at 4.61% of total exports, are below the average of 9.74%. The country ranks 53rd out of 120 countries for this statistic.

Regarding ICT goods exports as a percentage of total goods exports, Botswana's value of 0.23% falls significantly below the average of 3.81%. The country is placed 94th out of 142 countries in this regard.

Summary

Botswana's exports of goods, services, and primary income, as well as goods and services alone, are below the global average, ranking 117th and 115th respectively out of 170 countries. This indicates a lower level of economic diversification and competitiveness compared to peers. Furthermore, Botswana's international tourism receipts and ICT goods exports as a percentage of total goods exports are also below average, highlighting potential areas for growth and development in the country's trade sector.

Merchandise Exports

Botswana's merchandise exports amount to $4.26 billion, placing the country at rank 113 out of 187 countries. This value is significantly below the average merchandise export value of $89.54 billion.

The percentage of agricultural raw materials exports compared to total merchandise exports in Botswana is 0.10%, ranking the country at 131 out of 151 countries. Botswana's value is well below the average of 2.97%.

Food exports account for 1.95% of Botswana's merchandise exports, ranking the country 139 out of 152. This percentage is notably lower than the average of 24.06%.

Botswana's fuel exports represent 0.39% of its total merchandise exports, placing the country at rank 118 out of 147 countries. This value is substantially lower than the average fuel export percentage of 13.70%.

Ores and metals exports make up 1.49% of Botswana's merchandise exports, ranking the country 108 out of 152. Botswana's value is below the average of 9.10%.

The residual merchandise exports by Botswana stand at 2.48% of the total merchandise exports, with the country ranked 35 out of 166 countries. This value is slightly below the average residual export percentage of 3.20%.

Summary

Botswana's merchandise exports are below average across various categories such as agricultural raw materials, food, fuel, ores and metals, and residual merchandise. This indicates a reliance on a narrow range of export products, potentially leaving the economy vulnerable to fluctuations in global demand and prices.

It is essential for Botswana to diversify its export base to reduce dependency on a few key products and mitigate economic risks. Diversification can help enhance resilience, promote sustainable growth, and create more opportunities for economic development in the country.

Technology Exports

Botswana's manufactures exports account for 94.86% of its merchandise exports, far above the average of 42.62%. This places Botswana at the 1st rank out of 152 countries in this category.

When it comes to high-technology exports in current US dollars, Botswana lags significantly behind with a value of $16,833,575, well below the average of approximately $16,655,934,079. This places Botswana at the 105th rank out of 151 countries.

Botswana's high-technology exports as a percentage of manufactured exports stand at 0.41%, much lower than the average of 10.15%. This places Botswana at the 144th rank out of 150 countries.

In terms of medium and high-tech exports as a percentage of manufactured exports, Botswana's value of 5.00% is considerably lower than the average of 34.29%. This places Botswana at the 134th rank out of 149 countries.

Summary

Botswana excels in the export of manufactures, with the sector accounting for 94.86% of its merchandise exports, surpassing the global average, and ranking 1st out of 152 countries. However, the country lags behind in high-technology exports in absolute value and percentage terms, ranking 105th and 144th, respectively. This indicates a potential need for Botswana to diversify and invest more in high-tech industries to enhance its overall economic competitiveness and resilience.

Service Exports

1. Service exports (BoP, current US$): Botswana's value of $362,067,278.90 is significantly below the average of $28,917,292,503.82. It ranks at 135 out of 171 countries.

2. ICT service exports (BoP, current US$): Botswana's value of $22,527,750.30 is much lower than the average of $4,578,501,153.77. It ranks at 120 out of 166 countries.

3. ICT service exports (% of service exports, BoP): Botswana's percentage of 6.22% is below the average of 11.75%. It ranks at 104 out of 166 countries.

4. Communications, computer, etc. (% of service exports, BoP): Botswana's percentage of 49.23% is above the average of 45.85%. It ranks at 82 out of 169 countries.

5. Transport services (% of service exports, BoP): Botswana's percentage of 15.72% is below the average of 21.80%. It ranks at 92 out of 169 countries.

6. Travel services (% of service exports, BoP): Botswana's percentage of 31.66% is above the average of 26.40%. It ranks at 55 out of 167 countries.

7. Insurance and financial services (% of service exports, BoP): Botswana's percentage of 3.40% is below the average of 6.46%. It ranks at 83 out of 161 countries.

Summary

Botswana performs below average in various key macroeconomic indicators related to service exports, ICT service exports, and service export composition. The country's rankings in these indicators indicate a potential lack of competitiveness and diversification in its service export sector. These statistics are important as they highlight areas where Botswana may need to focus on improving and investing in to enhance its economic growth and resilience in the global market.

Commercial Service Exports

Botswana's commercial service exports amount to $361,300,122.64, ranking 132 out of 171 countries. This falls significantly below the attribute average of $28,508,218,402.80.

Travel services contribute 31.73% to Botswana's commercial service exports, exceeding the average of 27.89%. This places Botswana at rank 56 out of 167 countries.

Botswana's contribution of 49.12% in computer, communications, and other services to commercial exports exceeds the average of 42.44%. The country ranks 74 out of 169 countries.

With only 3.40% of commercial service exports attributed to insurance and financial services, Botswana falls below the average of 6.97%, ranking 87 out of 161 countries.

Transport services make up 15.75% of Botswana's commercial service exports, ranking the country 98 out of 169 countries. This falls below the average of 23.37%.

Summary

Botswana's commercial service exports show strengths in travel services and computer, communications, and other services, surpassing global averages in both categories. However, the country lags behind in insurance and financial services as well as transport services. Diversifying and increasing contributions from these weaker sectors could enhance Botswana's overall commercial service exports, improving its economic competitiveness on a global scale.

Broad Import Attributes

Botswana's imports of goods and services (current US$) amount to 6937525395.52, ranking 107 out of 163 countries. This value is significantly below the attribute average of 126191355599.06.

Imports of goods and services (% of GDP) in Botswana stand at 46.37%, positioning the country at 58 out of 163 countries. This percentage is higher than the attribute average of 44.15%.

Botswana's international tourism expenditures (% of total imports) is relatively low at 1.22%, ranking 114 out of 131 countries, which is below the attribute average of 3.98%.

The country's ICT goods imports (% total goods imports) is 2.99%, placing Botswana at 119 out of 143 countries. This percentage falls below the attribute average of 6.85%.

Botswana's goods imports (BoP, current US$) total 6289874195.90, ranking 103 out of 171 countries. This value is notably lower than the attribute average of 92007788027.17.

Imports of goods and services (BoP, current US$) in Botswana amount to 7553975272.28, positioning the country at 105 out of 170 countries. This figure is well below the attribute average of 120321577988.12.

Furthermore, Botswana's imports of goods, services, and primary income (BoP, current US$) reach 7668474801.79, ranking 109 out of 170 countries. This value also falls significantly under the attribute average of 144514428722.28.

Summary

Botswana's import figures across various categories such as goods and services, ICT goods, and international tourism expenditures consistently rank below the attribute averages compared to other countries. This suggests that Botswana may have a more conservative approach towards imports compared to its peers. The relatively lower percentages and values in these import indicators indicate potential areas for Botswana to focus on increasing trade relations, diversifying imports, and potentially boosting economic growth through increased international trade and tourism expenditures.

Merchandise Imports

Botswana's merchandise imports amount to 6.52 billion USD, ranking 108th out of 190 countries. This is significantly below the average of 89.39 billion USD.

With manufactures imports accounting for 73.08% of merchandise imports, Botswana ranks 42nd out of 152 countries. This value is higher than the average of 66.76%.

Botswana's agricultural raw materials imports stand at 0.72% of merchandise imports, ranking 118th out of 152 countries. This is below the average of 1.27%.

Food imports represent 12.66% of Botswana's merchandise imports, placing it 94th out of 152 countries, below the average of 15.89%.

Botswana's fuel imports constitute 12.90% of merchandise imports, with a rank of 58 out of 152 countries, higher than the average of 11.38%.

The country's ores and metals imports make up 0.59% of merchandise imports, ranking 135th out of 152 countries, significantly below the average of 2.57%.

Botswana's residual merchandise imports account for 3.98% of total imports, placing it 27th out of 180 countries, surpassing the average of 2.51%.

Summary

Botswana's import dynamics indicate a reliance on manufactured goods, with a higher percentage compared to the global average. However, the country shows a lower proportion in agricultural raw materials and food imports, potentially indicating a need for domestic production or trade diversification. Additionally, Botswana's significant fuel imports suggest a dependence on external sources for energy, which could impact its trade balance and energy security.

Service Imports

Service imports in Botswana amount to $1,264,101,076.38, which is significantly below the average of $27,615,356,170.47. Botswana ranks 114th out of 171 countries in this attribute.

The percentage of Communications, computer, etc. in service imports in Botswana is 67.15%, surpassing the average of 44.40%. Botswana ranks 17th out of 169 countries in this category.

Transport services represent 21.49% of Botswana's service imports, lower than the average of 32.90%. Botswana is ranked 123rd out of 169 countries in this aspect.

Travel services account for 6.98% of Botswana's service imports, which is below the average of 14.14%. Botswana holds the 123rd rank out of 169 countries in this regard.

Insurance and financial services make up 4.38% of Botswana's service imports, falling short of the average of 8.53%. Botswana's rank is 111th out of 169 countries for this attribute.

Summary

In analyzing key macroeconomic indicators for Botswana, it is evident that the country has significantly lower service imports compared to the global average. However, Botswana excels in the percentage of Communications, computer, etc. in service imports, ranking 17th globally. The lower representation of Transport, Travel, and Insurance/Financial services in Botswana's imports compared to the average indicates potential areas for growth and diversification in the country's service sector, crucial for enhancing economic competitiveness and resilience.

Commercial Service Imports

Botswana's commercial service imports amount to $1,259,939,115.22, ranking 110th out of 171 countries included in the data, significantly below the average of $27,102,746,128.60.

The country's percentage of computer, communications, and other services in commercial service imports is 67.04%, ranking 17th out of 169 countries. This percentage is notably higher than the average of 41.71%.

Botswana's reliance on insurance and financial services in commercial service imports is 4.40%, placing it at the 116th rank out of 169 countries. This is below the average of 8.85%.

Transport services constitute 21.56% of Botswana's commercial service imports, resulting in a rank of 125th out of 169 countries, below the average of 34.71%.

Travel services represent 6.99% of Botswana's commercial service imports, placing the country at the 124th rank out of 169 countries, which is below the average of 14.73%.

Summary

Botswana's commercial service imports are significantly below the global average, with a higher proportion attributed to computer, communications, and other services compared to the average. However, the country's reliance on insurance and financial services is below average, as is its share of transport and travel services in commercial imports.

These findings are important as they reveal Botswana's specialization in certain service sectors, such as technology services, while also indicating areas where the country may need to improve competitiveness or diversification, such as in financial services or transportation.

Infrastructure

Botswana has 886 km of Rail lines, which is significantly below the attribute average of 12,204.74 km. This places Botswana at rank 54 out of 66 countries in terms of total route-km.

Summary

Botswana's rail network spans 886 km, well below the average of 12,204.74 km among the 66 countries analyzed, ranking it 54th in total route-km. The limited rail infrastructure in Botswana could impact the country's trade efficiency, connectivity, and economic development, highlighting the need for potential investments in expanding and modernizing its rail network to enhance competitiveness and growth.

Information Technology Infrastructure

For Secure Internet servers, Botswana has 620 servers, below the average of 458,294. Botswana ranks 129 out of 193 countries in this attribute data.

Regarding Secure Internet servers per 1 million people, Botswana has 243.48 servers, significantly lower than the average of 14,067. Botswana ranks 117 out of 193 countries in this metric.

With Individuals using the Internet (% of population), Botswana stands at 72.75%, which is above the average of 64.77%. Botswana is ranked 89 out of 180 countries in this category.

Botswana's Fixed broadband subscriptions are at 84,842, far below the average of 6,591,956. Botswana is ranked 125 out of 185 countries for fixed broadband subscriptions.

When it comes to Mobile cellular subscriptions, Botswana has 3,829,408 subscriptions, lower than the average of 42,526,464. Botswana ranks 129 out of 193 countries in this aspect.

Summary

Botswana performs below the global average in terms of secure internet servers, servers per 1 million people, fixed broadband subscriptions, and mobile cellular subscriptions, as indicated by its rankings among countries. However, the country exceeds the global average in the percentage of individuals using the internet. These indicators are crucial as they reflect Botswana's digital infrastructure readiness and connectivity levels compared to other nations, which can have implications for its economic development, innovation, and competitiveness in the global digital economy.

Energy Consumption

Botswana's renewable energy consumption is 27.21% of total final energy consumption, which is below the global average of 32.18%. The country is ranked 86th out of 191 countries in this category.

When it comes to CO2 emissions, Botswana emits 5763.687 kt, significantly lower than the average of 171895.94 kt. This places Botswana at 125th out of 188 countries included in the data.

Summary

Botswana's renewable energy consumption is below the global average, standing at 27.21% of total final energy consumption. The country's CO2 emissions, at 5763.687 kt, are considerably lower than the global average. These statistics are crucial as they indicate Botswana's potential for sustainable development and environmental preservation compared to other nations.

Government Balance Sheet

1. Botswana's Net acquisition of financial assets (% of GDP) is -6.61, which is below the attribute average of 2.45. Botswana ranks 86 out of 87 countries in this dataset.

2. Central government debt, total (% of GDP) for Botswana is 19.62, lower than the attribute average of 74.12. Botswana ranks 59 out of 61 countries in this metric.

3. Botswana's Net incurrence of liabilities, total (% of GDP) stands at 3.16, below the attribute average of 7.43. The country is ranked 76 out of 92 countries.

4. Total reserves (% of total external debt) for Botswana are at 309.30, significantly higher than the attribute average of 66.13. Botswana ranks 3 out of 102 countries in this aspect.

5. Reserves and related items (BoP, current US$) for Botswana stand at -1,753,103,646.75, way below the attribute average of $1,924,407,186.58. Botswana ranks 144 out of 171 countries in this category.

6. Botswana's Total reserves minus gold (current US$) amount to $4,940,893,802.78, well below the attribute average of $74,221,588,171.61. The country ranks 88 out of 161 countries in this measure.

7. Botswana's Total reserves (includes gold, current US$) are $4,940,893,802.78, significantly less than the attribute average of $85,708,019,773.47. Botswana is ranked 91 out of 161 countries in this regard.

8. Total reserves in months of imports for Botswana is 7.73, slightly above the attribute average of 7.10. Botswana ranks 49 out of 151 countries in this indicator.

Summary

Botswana displays a mixed performance in key macroeconomic indicators. The country excels in maintaining high total reserves compared to its external debt and reserves in months of imports. However, Botswana lags behind in net acquisition of financial assets, total liabilities, and reserves in current US$. It is crucial to monitor these indicators as they reflect Botswana's financial stability, management of debt, and ability to withstand external economic shocks.

Government Revenue

Botswana's revenue, excluding grants (% of GDP) stands at 28.77%, slightly above the average of 27.02%. This places Botswana at rank 49 out of 122 countries for this attribute.

For grants and other revenue (% of revenue), Botswana's value of 22.63% is below the average of 23.54%. Botswana ranks 35 out of 108 countries in this category.

Botswana's taxes on goods and services (% of revenue) at 16.69% is significantly lower than the average of 31.82%. Botswana ranks 110 out of 122 countries for this metric.

The country's taxes on international trade (% of revenue) are high at 33.36%, far above the average of 6.24%. This places Botswana at the top spot, rank 1 out of 101 countries.

Botswana's other taxes (% of revenue) are minimal, with a value of 0.12%, well below the average of 2.12%. The country ranks 85 out of 106 countries in this category.

In terms of taxes on income, profits, and capital gains (% of revenue), Botswana's value of 27.21% exceeds the average of 24.66%. This places Botswana at rank 49 out of 119 countries.

Summary

Botswana demonstrates a strong reliance on taxes on international trade as a significant revenue source, far exceeding the global average. However, the country falls behind in taxes on goods and services, which are notably lower than the average. This mix of revenue sources may impact Botswana's economic stability and development, influencing its fiscal policies and trade relationships in the long term.

Taxes

Summary

Government Expenses

Expense (% of GDP): Botswana's expense as a percentage of GDP is 33.86%, slightly above the average of 31.69%. This places Botswana at rank 52 out of 123 countries.

Compensation of employees (% of expense): Botswana allocates 49.46% of its expenses to employee compensation, significantly higher than the average of 24.70%. This impressive allocation ranks Botswana 5th out of 123 countries.

Goods and services expense (% of expense): Botswana's expense on goods and services accounts for 22.16% of its total expenses, which is above the average of 14.77%. This places Botswana at rank 20 out of 122 countries.

Interest payments (% of expense): Botswana's interest payments represent 2.05% of its expenses, lower than the average of 6.85%. This positions Botswana at rank 96 out of 121 countries.

Other expense (% of expense): Botswana's allocation to other expenses is 6.03% of its total expenses, below the average of 8.29%. Botswana ranks 60th out of 120 countries in this aspect.

Subsidies and other transfers (% of expense): Botswana's allocation to subsidies and transfers is 20.31% of its expenses, significantly lower than the average of 43.29%. This places Botswana at rank 107 out of 121 countries.

Summary

Botswana's macroeconomic analysis reveals a focus on employee compensation, with a notably high allocation of 49.46% of expenses towards this area, ranking 5th out of 123 countries. This prioritization of employees signifies a commitment to workforce well-being and may contribute to higher levels of domestic consumption and economic stability.

Top Stats

Ranks in Top Decile For:

Attribute	Rank/Total
General government final consumption expenditure (% of GDP)	8/158
Manufactures exports (% of merchandise exports)	1/152
Total reserves (% of total external debt)	3/102
Taxes on international trade (% of revenue)	1/101
Customs and other import duties (% of tax revenue)	2/99
Compensation of employees (% of expense)	5/123

Ranks in Bottom Decile For:

Attribute	Rank/Total
Capture fisheries production (metric tons)	186/190
Total fisheries production (metric tons)	180/182
Patent applications, nonresidents	123/129
Patent applications, residents	113/117
Market capitalization of listed domestic companies (current US$)	67/73
External debt stocks (% of GNI)	117/120
External debt stocks, private nonguaranteed (PNG) (DOD, current US$)	88/91
Food exports (% of merchandise exports)	139/152
High-technology exports (% of manufactured exports)	144/150
Net acquisition of financial assets (% of GDP)	86/87
Central government debt, total (% of GDP)	59/61
Taxes on goods and services (% of revenue)	110/122
Taxes on exports (% of tax revenue)	33/36
Tariff rate, applied, weighted mean, all products (%)	147/153