Botswana

1980

2026

2030

1980

2026

2030

Botswana Economic Statistics (2026)

GDP per capita (PPP) in 2026: $19,536—a middle income level.

The economy has grown at an average rate of 3.2% over the past 5 years.

Government debt is rising, currently at 45% of GDP.

GDP per capita (PPP)

$19,536

GDP growth

+2.3%

Inflation rate

4.8%

Key terms

GDP: — Gross Domestic Product—the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity—what money actually buys in each country.
GDP per capita: — GDP divided by population—a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

Total economic output and annual growth rate

Total GDP is $21 billion, with steady growth of 2.3% in 2026.

Average economic output per person

GDP per capita is $7,379 in nominal terms, but $19,536 when adjusted for local purchasing power—indicating lower prices than in the US.

Consumer price inflation and labor market conditions

Inflation is 4.8% in 2026.

Government debt, revenue, and expenditure as percentage of GDP

Government debt is moderate at 45% of GDP. The government spends more than it collects (revenue: 24.6%, expenditure: 33.4% of GDP).

Fiscal balance and current account as percentage of GDP

The country is running a fiscal deficit of 8.8% and a current account deficit of 5.9% of GDP.

Botswana is a middle-income economy with GDP per capita (PPP) of $20k. After a recent recession, growth has returned.