Botswana's economy

Question 1

What is Botswana’s HDI?

Answer 1

0.707 (101st in the world), much higher than many other African countries

Question 2

What is Botswana’s economy Key sectors

Answer 2

Mining (especially diamonds) = ~20% of GDP and over 80% of export earnings.
Agriculture = small share of GDP (~2%), but employs ~15–20% of the population (mainly subsistence).
Services sector: ~50% of GDP (including tourism and financial services)

Question 3

What was Botsawana’s grwoth rate in 2023?

Answer 3

4.2%. Botswana has sustained high levels of economic growth (4-5%). averaging 5% growth over the last decade. One of the worlds fastest growing economies

Question 4

Botswana GDP per capita

Answer 4

$7,800 USD — relatively high for sub-Saharan Africa

Question 5

What is Botswana’s unemployment rate

Answer 5

27.6% - very high

Question 6

Inequality in Botswana

Answer 6

Very high. Gini coefficient = 0.53 - one of the highest in the world. Large inequality

Question 7

Other challenges

Answer 7

Heavy reliance on commodity exports makes economy vulnerable to global diamond prices.
HIV/AIDS prevalence: Still high (~20% of adults), though significantly reduced from past decades.

Question 8

What is Botswana’s GDP?

Answer 8

$20 billion USD (2023 est.)

Question 9

Botswana inflation rate

Answer 9

4.5% (2024) — relatively stable compared to regional peers

Question 10

What is Botswana’s Government like

Answer 10

Relatively transparent, stable and low levels of corruption

Question 11

How have Botswana’s government finances been recently

Answer 11

Botswana has maintained budget surpluses and low public debt historically