Labor force | 1.17 million (2023 est.) |
---|---|
Industrial production growth rate | 2.25% (2023 est.) |
Industries | diamonds, copper, nickel, salt, soda ash, potash, coal, iron ore, silver; beef processing; textiles |
Population below poverty line | 16.1% (2015 est.) |
Taxes and other revenues | 19.65% (of GDP) (2022 est.) |
Fiscal year | |
Exchange rates | |
Currency | pulas (BWP) per US dollar - |
Exchange rates 2023 | 13.596 (2023 est.) |
Exchange rates 2022 | 12.369 (2022 est.) |
Exchange rates 2021 | 11.087 (2021 est.) |
Exchange rates 2020 | 11.456 (2020 est.) |
Exchange rates 2019 | 10.756 (2019 est.) |
Debt - external | |
Debt - external 2022 | $1.507 billion (2022 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2023 | $4.756 billion (2023 est.) |
Reserves of foreign exchange and gold 2022 | $4.279 billion (2022 est.) |
Reserves of foreign exchange and gold 2021 | $4.802 billion (2021 est.) |
Current account balance | |
Current account balance 2022 | $606.394 million (2022 est.) |
Current account balance 2021 | -$250.118 million (2021 est.) |
Current account balance 2020 | -$1.531 billion (2020 est.) |
Public debt | |
Public debt 2020 | 19.62% of GDP (2020 est.) |
Budget | |
Revenues | $5.989 billion (2022 est.) |
Expenditures | $5.099 billion (2022 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2023 | 0.31% of GDP (2023 est.) |
Remittances 2022 | 0.34% of GDP (2022 est.) |
Remittances 2021 | 0.32% of GDP (2021 est.) |
Household income | |
Lowest 10% | 1.5% (2015 est.) |
Highest 10% | 41.5% (2015 est.) |
Imports | |
Imports 2022 | $8.7 billion (2022 est.) |
Imports 2021 | $9.252 billion (2021 est.) |
Imports 2020 | $7.554 billion (2020 est.) |
Imports (partners) | South Africa 61%, Namibia 9%, Belgium 5%, India 4%, Canada 4% (2022) |
Comodities Imports force | diamonds, refined petroleum, trucks, raw sugar, plastic products (2022) |
Exports | |
Imports 2022 | $8.7 billion (2022 est.) |
Imports 2021 | $9.252 billion (2021 est.) |
Imports 2020 | $7.554 billion (2020 est.) |
Exports (partners) | UAE 27%, Belgium 18%, India 15%, South Africa 10%, Hong Kong 6% (2022) |
Comodities Exports force | diamonds, copper ore, insulated wire, coal, cattle (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2023 | $46.742 billion (2023 est.) |
Real GDP (purchasing power parity) 2022 | $45.499 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $43.133 billion (2021 est.) |
GDP (official exchange rate) | $19.396 billion (2023 est.) |
Real GDP Per capita | |
Real GDP per capita 2023 | $17,500 (2023 est.) |
Real GDP per capita 2022 | $17,300 (2022 est.) |
Real GDP per capita 2021 | $16,700 (2021 est.) |
GDP - composition, by sector of origin | |
Agriculture | 1.6% (2023 est.) |
Industry | 34.3% (2023 est.) |
Services | 59.4% (2023 est.) |
GDP - composition, by end use | |
Household consumption | 42.9% (2023 est.) |
Government consumption | 28.9% (2023 est.) |
Investment in fixed capital | 25.7% (2023 est.) |
Investment in inventories | 4.7% (2023 est.) |
Exports of goods and services | 31.7% (2023 est.) |
Imports of goods and services | -35.7% (2023 est.) |
Unemployment rate | |
Unemployment rate 2023 | 23.38% (2023 est.) |
Unemployment rate 2022 | 23.62% (2022 est.) |
Unemployment rate 2021 | 23.11% (2021 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 45.4% (2023 est.) |
Male | 40.5% (2023 est.) |
Female | 51.5% (2023 est.) |
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