Botswana 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$19.40 billion
↓ 4.56% vs 2022GDP per Capita
$7,820.23
↓ 6.11% vs 2022GDP Growth (Annual %)
2.73%
↓ 2.75pp vs 2022Inflation Rate (CPI %)
5.07%
↓ 6.60pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $20.32 billion | $19.40 billion | -4.56% |
| GDP per Capita | $8,329.04 | $7,820.23 | -6.11% |
| GDP Growth (Annual %) | 5.49% | 2.73% | -2.75pp |
| Inflation (CPI %) | 11.67% | 5.07% | -6.60pp |
| Unemployment Rate (%) | 23.62% | 23.38% | -0.23pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $19.40 billion
- GDP per Capita
- $7,820.23
- GDP Growth (Annual %)
- 2.73%
- Gross National Income
- $19.44 billion
Prices & Employment
- Inflation (CPI %)
- 5.07%
- Inflation (GDP Deflator %)
- 2.12%
- Unemployment Rate (%)
- 23.38%
- Interest Rate (Real %)
- 4.52%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -0.60%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Botswana's Gross Domestic Product (GDP) is $19.40 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Botswana for 2023 is $7,820.23. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Botswana for 2023 is 5.07%. This measures the annual percentage change in the cost of consumer goods and services.
Botswana's annual GDP growth rate for 2023 is 2.73%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Botswana for 2023 is 23.38%. This represents the percentage of the labor force that is unemployed and actively seeking employment.