Botswana Current Account Balance: % of GDP

2004 - 2024 | Quarterly | % | CEIC Data

Key information about Botswana Current Account Balance: % of GDP

  • Botswana Current Account deficit accounted for 11.8 % of the country's Nominal GDP in Sep 2024, compared with a 2.7 % deficit in the previous quarter.
  • Botswana Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 2004 to Sep 2024, with an average value of 1.3 %.
  • The data reached an all-time high of 35.5 % in Mar 2016 and a record low of -24.7 % in Dec 2016.

CEIC calculates quarterly Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Bank of Botswana provides Current Account Balance in local currency based on BPM6. Statistics Botswana provides Nominal GDP in local currency based on SNA 2008. Current Account Balance as % of Nominal GDP prior to Q1 2015 is calculated from Current Account Balance based on BPM5. Current Account Balance as % of Nominal GDP prior to Q1 2006 is calculated from Nominal GDP based on SNA 1993.


Key information about Botswana Current Account Balance: % of GDP

  • In the latest reports of Botswana, Current Account recorded a deficit of 44.3 USD mn in Dec 2022.
  • Foreign Direct Investment (FDI) increased by 247.3 USD mn in Sep 2024.
  • Botswana Direct Investment Abroad expanded by 2.4 USD mn in Sep 2024.
  • Its Foreign Portfolio Investment increased by 13.4 USD mn in Sep 2024.
  • The country's Nominal GDP was reported at 5.1 USD bn in Mar 2023.

View Botswana's Current Account Balance: % of GDP from Mar 2004 to Sep 2024 in the chart:

Botswana Current Account Balance: % of GDP

What was Botswana's Current Account Balance: % of GDP in Sep 2024?

Botswana Current Account deficit accounted for 11.8 % of the country's Nominal GDP in Sep 2024, compared with a 2.7 % deficit in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-11.8 Sep 2024 -2.7 Jun 2024 -24.7 Dec 2016 35.5 Mar 2016 % quarterly Mar 2004 - Sep 2024

Current Account Balance: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 5.4 Sep 2024 quarterly Mar 2008 - Sep 2024
Algeria (%) -0.4 Mar 2024 quarterly Mar 2007 - Mar 2024
Argentina (%) 0.8 Sep 2024 quarterly Mar 2004 - Sep 2024
Armenia (%) -3.7 Sep 2024 quarterly Dec 1994 - Sep 2024
Australia (%) -2.1 Sep 2024 quarterly Sep 1959 - Sep 2024
Austria (%) 1.3 Sep 2024 quarterly Mar 1970 - Sep 2024
Azerbaijan (%) 6.8 Sep 2024 quarterly Mar 2013 - Sep 2024
Bahrain (%) 15.2 Dec 2022 quarterly Mar 2018 - Dec 2022
Bangladesh (%) 0.9 2024 yearly 1998 - 2024
Belarus (%) -1.9 Sep 2024 quarterly Mar 1996 - Sep 2024
Belgium (%) -1.1 Sep 2024 quarterly Mar 1995 - Sep 2024
Bolivia (%) 0.7 Jun 2024 quarterly Mar 1990 - Jun 2024
Bosnia and Herzegovina (%) -0.7 Sep 2024 quarterly Mar 2008 - Sep 2024
Botswana (%) -11.8 Sep 2024 quarterly Mar 2004 - Sep 2024
Brazil (%) -3.4 Dec 2024 quarterly Mar 1995 - Dec 2024
Brunei (%) -20.4 Dec 2020 quarterly Mar 2013 - Dec 2020
Bulgaria (%) 5.7 Sep 2024 quarterly Sep 1999 - Sep 2024
Cambodia (%) 8.6 Sep 2024 quarterly Mar 2010 - Sep 2024
Canada (%) -0.4 Sep 2024 quarterly Mar 1957 - Sep 2024
Chile (%) -3.9 Sep 2024 quarterly Mar 1996 - Sep 2024
China (%) 3.1 Sep 2024 quarterly Mar 1998 - Sep 2024
Colombia (%) -1.6 Sep 2024 quarterly Mar 1996 - Sep 2024
Croatia (%) 19.4 Sep 2024 quarterly Mar 1995 - Sep 2024
Cyprus (%) -0.3 Sep 2024 quarterly Mar 2008 - Sep 2024
Czech Republic (%) -0.5 Sep 2024 quarterly Mar 1995 - Sep 2024
Denmark (%) 15.3 Sep 2024 quarterly Mar 1990 - Sep 2024
Ecuador (%) 4.8 Sep 2024 quarterly Mar 1993 - Sep 2024
Egypt (%) 1.3 Dec 2022 quarterly Sep 2001 - Dec 2022
Estonia (%) 0.3 Mar 2023 quarterly Mar 2000 - Mar 2023
European Union (%) 2.8 Sep 2024 quarterly Mar 1999 - Sep 2024
Finland (%) 3.3 Sep 2024 quarterly Mar 1990 - Sep 2024
France (%) -0.4 Dec 2024 quarterly Mar 1997 - Dec 2024
Georgia (%) 0.6 Sep 2024 quarterly Mar 1996 - Sep 2024
Germany (%) 3.9 Dec 2024 quarterly Mar 1991 - Dec 2024
Ghana (%) 5.6 Jun 2024 quarterly Mar 2006 - Jun 2024
Greece (%) 0.5 Sep 2024 quarterly Mar 2000 - Sep 2024
Hong Kong SAR, China (%) 14.9 Sep 2024 quarterly Mar 1999 - Sep 2024
Hungary (%) 1.3 Sep 2024 quarterly Mar 1995 - Sep 2024
Iceland (%) 3.8 Sep 2024 quarterly Mar 1995 - Sep 2024
India (%) -1.2 Sep 2024 quarterly Jun 2004 - Sep 2024
Indonesia (%) 0.9 Mar 2023 quarterly Mar 1993 - Mar 2023
Iran (%) 0.6 2023 yearly 1997 - 2023
Ireland (%) 16.7 Sep 2024 quarterly Mar 1995 - Sep 2024
Israel (%) 2.9 Sep 2024 quarterly Mar 1995 - Sep 2024
Italy (%) 1.9 Sep 2024 quarterly Mar 1980 - Sep 2024
Ivory Coast (%) -6.3 2022 yearly 1975 - 2022
Japan (USD mn) 14,232.0 Apr 2023 monthly Jan 1996 - Apr 2023
Jordan (%) -6.1 Sep 2024 quarterly Mar 1992 - Sep 2024
Kazakhstan (%) -2.5 Dec 2023 quarterly Dec 1997 - Dec 2023
Kenya (%) -2.5 Jun 2024 quarterly Mar 2009 - Jun 2024
South Korea (USD mn) 9,608.5 Dec 2024 monthly Jan 1980 - Dec 2024
Kosovo (%) 8.5 Sep 2024 quarterly Mar 2010 - Sep 2024
Kuwait (%) 31.0 Sep 2024 quarterly Mar 2012 - Sep 2024
Kyrgyzstan (%) -60.7 Mar 2023 quarterly Mar 2000 - Mar 2023
Laos (%) 2.7 2023 yearly 1984 - 2023
Latvia (%) -4.6 Sep 2024 quarterly Mar 1995 - Sep 2024
Lebanon (%) -2.8 2021 yearly 2002 - 2021
Lithuania (%) 2.4 Sep 2024 quarterly Mar 1993 - Sep 2024
Luxembourg (%) 10.8 Sep 2024 quarterly Mar 1995 - Sep 2024
Macau SAR, China (%) 31.4 2023 yearly 2002 - 2023
North Macedonia (%) 6.6 Sep 2024 quarterly Mar 2000 - Sep 2024
Malawi (%) -17.0 2023 yearly 1977 - 2023
Malaysia (%) 0.4 Sep 2024 quarterly Mar 2000 - Sep 2024
Malta (%) 7.7 Sep 2024 quarterly Mar 1995 - Sep 2024
Mauritius (%) -7.2 Sep 2024 quarterly Mar 2007 - Sep 2024
Mexico (%) 0.2 Sep 2024 quarterly Mar 1993 - Sep 2024
Moldova (%) -17.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Mongolia (%) -14.1 Sep 2024 quarterly Mar 2000 - Sep 2024
Montenegro (%) -23.1 Jun 2024 quarterly Mar 2010 - Jun 2024
Morocco (%) -2.0 Sep 2024 quarterly Mar 2014 - Sep 2024
Mozambique (%) -11.6 2023 yearly 1980 - 2023
Nepal (%) 3.9 2024 yearly 2001 - 2024
Netherlands (%) 9.5 Sep 2024 quarterly Mar 1987 - Sep 2024
New Zealand (%) -5.8 Sep 2024 quarterly Jun 1987 - Sep 2024
Nigeria (%) 11.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Norway (%) 18.1 Sep 2024 quarterly Mar 1981 - Sep 2024
Oman (%) -4.9 2021 yearly 1980 - 2021
Pakistan (%) -0.5 2024 yearly 1977 - 2024
Palestinian Territory (%) -16.1 Mar 2023 quarterly Mar 2011 - Mar 2023
Panama (%) 3.9 Sep 2024 quarterly Mar 2007 - Sep 2024
Paraguay (%) -3.6 Sep 2024 quarterly Mar 2000 - Sep 2024
Peru (%) 2.5 Sep 2024 quarterly Mar 1990 - Sep 2024
Philippines (%) -4.3 Mar 2023 quarterly Mar 1981 - Mar 2023
Poland (%) 0.2 Jun 2024 quarterly Mar 2000 - Jun 2024
Portugal (%) 4.7 Sep 2024 quarterly Mar 1996 - Sep 2024
Qatar (%) 18.0 Sep 2024 quarterly Mar 2011 - Sep 2024
Romania (%) -9.3 Sep 2024 quarterly Mar 1995 - Sep 2024
Russia (%) 1.4 Sep 2024 quarterly Mar 1994 - Sep 2024
Saudi Arabia (%) -3.3 Sep 2024 quarterly Mar 2006 - Sep 2024
Serbia (%) -9.7 Sep 2024 quarterly Mar 2007 - Sep 2024
Singapore (%) 18.7 Sep 2024 quarterly Mar 1986 - Sep 2024
Slovakia (%) -2.7 Sep 2024 quarterly Mar 1997 - Sep 2024
Slovenia (%) 6.4 Sep 2024 quarterly Mar 1995 - Sep 2024
South Africa (%) -1.0 Sep 2024 quarterly Mar 1960 - Sep 2024
Spain (%) 4.0 Sep 2024 quarterly Mar 1980 - Sep 2024
Sri Lanka (%) 1.2 Sep 2024 quarterly Mar 2002 - Sep 2024
Sudan (%) -8.5 2021 yearly 1977 - 2021
Sweden (%) 6.1 Sep 2024 quarterly Mar 1980 - Sep 2024
Switzerland (%) 3.0 Sep 2024 quarterly Mar 1983 - Sep 2024

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Botswana Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.5 Jun 2023 quarterly Mar 2004 - Jun 2023
Consolidated Fiscal Balance (USD mn) -37.355 Jun 2023 monthly Apr 2007 - Jun 2023
Tax Revenue (USD mn) 496.639 Jun 2023 monthly Apr 2007 - Jun 2023
Tax Revenue: % of GDP (%) 34.2 Jun 2023 quarterly Jun 2007 - Jun 2023
National Government Debt (USD mn) 3,497.5 2023 yearly 2002 - 2023
Government Debt: % of GDP (%) 17.3 Jun 2023 quarterly Jun 2014 - Jun 2023
Forecast: Government Expenditure (BWP bn) 117.247 2030 yearly 1981 - 2030
Forecast: Government Net Debt (BWP bn) 89.559 2030 yearly 1999 - 2030
Forecast: Government Revenue (BWP bn) 119.488 2030 yearly 2000 - 2030
Government Budget: Revenue (BWP mn) 10,566.963 Jul 2023 monthly Apr 2007 - Jul 2023
Government Budget: Expenditure: Recurrent (BWP mn) 5,717.440 Jun 2023 monthly Apr 2007 - Jun 2023
Government Budget: Expenditure: Net Lending (BWP mn) -8.630 Jun 2023 monthly Apr 2007 - Jun 2023
Government Budget: Expenditure (BWP mn) 7,433.300 Jul 2023 monthly Apr 2007 - Jul 2023
Government Budget: Revenue: Tax (BWP mn) 10,265.170 Jul 2023 monthly Apr 2007 - Jul 2023
Government Budget: Surplus/Deficit (BWP mn) -502.517 Jun 2023 monthly Apr 2007 - Jun 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.332 2028 yearly 1980 - 2028
Trade Balance (USD mn) -502.7 Nov 2024 monthly Jan 2001 - Nov 2024
Total Exports (USD mn) 168.7 Nov 2024 monthly Jan 2003 - Nov 2024
Total Exports Growth (%) -29.4 Nov 2024 monthly Jan 2004 - Nov 2024
Aluminum: Exports (USD th) 46.032 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 3,260.566 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 6,587.101 2023 yearly 1995 - 2023
Total Imports (USD mn) 671.4 Nov 2024 monthly Jan 2003 - Nov 2024
Total Imports Growth (%) -6.5 Nov 2024 monthly Jan 2004 - Nov 2024
Imports: Medicament (USD th) 103,115.303 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 19,497.032 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 1.245 Nov 2024 monthly Feb 2019 - Nov 2024
Total Imports from USA (USD mn) 8.449 Nov 2024 monthly Jan 2000 - Nov 2024
Total Exports to China (USD mn) 29.778 Nov 2024 monthly Apr 2006 - Nov 2024
Total Imports from China (USD mn) 31.044 Nov 2024 monthly Jan 2000 - Nov 2024
BW: Imports: cif: World (USD mn) 1,873.800 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Trade: Exports: Re-Exports (BWP mn) 0.118 Nov 2024 monthly Jan 2005 - Nov 2024
Foreign Trade: Exports (BWP mn) 2,289.242 Nov 2024 monthly Jan 2003 - Nov 2024
Foreign Trade Balance (BWP mn) -6,821.205 Nov 2024 monthly Jan 2003 - Nov 2024
Foreign Trade: Imports (BWP mn) 9,110.447 Nov 2024 monthly Jan 2003 - Nov 2024
Exports: Copper and Nickel (BWP mn) 780.475 Nov 2024 monthly Jan 2003 - Nov 2024
Exports: Meat and Meat Products (BWP mn) 32.355 Nov 2024 monthly Jan 2003 - Nov 2024
Exports: Diamonds (BWP mn) 617.979 Nov 2024 monthly Jan 2003 - Nov 2024
Exports: Machinery and Electric Equipment (BWP mn) 241.489 Nov 2024 monthly Jan 2003 - Nov 2024
Exports: Vehicles and Transport Equipment (BWP mn) 36.643 Nov 2024 monthly Jan 2003 - Nov 2024
Exports: Iron Steels and Related Products (BWP mn) 89.319 Nov 2024 monthly Jan 2003 - Nov 2024
Exports: Asia: Israel (BWP mn) 57.776 Nov 2024 monthly Apr 2006 - Nov 2024
Exports: Africa: SACU: South Africa (BWP mn) 591.328 Nov 2024 monthly Apr 2006 - Nov 2024
Exports: EU: Belgium (BWP mn) 117.171 Nov 2024 monthly Apr 2006 - Nov 2024
Imports: Machinery and Electric Equipment (BWP mn) 1,359.786 Nov 2024 monthly Jan 2003 - Nov 2024
Imports: Fuel (BWP mn) 1,503.102 Nov 2024 monthly Jan 2003 - Nov 2024
Imports: Food, Beverages and Tobacco (BWP mn) 1,475.658 Nov 2024 monthly Jan 2003 - Nov 2024
Imports: Diamonds (BWP mn) 1,891.237 Nov 2024 monthly Jan 2005 - Nov 2024
Imports: Chemicals and Rubber Products (BWP mn) 879.311 Nov 2024 monthly Jan 2003 - Nov 2024
Imports: Vehicles and Transport Equipment (BWP mn) 591.749 Nov 2024 monthly Jan 2003 - Nov 2024
Imports: Metals and Metal Products (BWP mn) 464.575 Nov 2024 monthly Jan 2003 - Nov 2024
Imports: Africa: SADC: SACU: South Africa (BWP mn) 5,593.431 Nov 2024 monthly Apr 2006 - Nov 2024
Imports: Africa: SADC: SACU: Namibia (BWP mn) 1,389.266 Nov 2024 monthly Apr 2006 - Nov 2024
Export Value Index (2015=100) 114.093 2021 yearly 1980 - 2021
Import Value Index (2015=100) 115.483 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 117.152 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 101.817 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2.4 Sep 2024 quarterly Mar 2004 - Sep 2024
Current Account Balance (USD mn) -44.3 Dec 2022 quarterly Mar 2004 - Dec 2022
Current Account Balance: % of GDP (%) -11.8 Sep 2024 quarterly Mar 2004 - Sep 2024
Foreign Direct Investment (USD mn) 247.3 Sep 2024 quarterly Mar 2004 - Sep 2024
Foreign Direct Investment: % of GDP (%) 5.1 Sep 2024 quarterly Mar 2004 - Sep 2024
Foreign Portfolio Investment (USD mn) 13.364 Sep 2024 quarterly Mar 2004 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 0.3 Sep 2024 quarterly Mar 2004 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 40.1 2023 yearly 1975 - 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 0.000 2023 yearly 1975 - 2023
External Debt (USD mn) 1,431.8 2023 yearly 1994 - 2023
External Debt: % of GDP (%) 7.3 2023 yearly 1995 - 2023
External Debt: Short Term (USD mn) 290.3 2023 yearly 1973 - 2023
External Debt: Short Term: % of GDP (%) 1.5 2023 yearly 1994 - 2023
Forecast: Current Account Balance (USD bn) 0.062 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 5,613.990 2023 yearly 1996 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.4 Sep 2024 quarterly Dec 2002 - Sep 2024
Household Debt: % of GDP (%) 20.9 Sep 2024 quarterly Dec 2002 - Sep 2024
Non-Performing Loans (USD mn) 216.808 Sep 2024 quarterly Mar 2001 - Sep 2024
Money Supply M1 (USD mn) 2,381.630 Nov 2024 monthly Dec 2000 - Nov 2024
Money Supply M2 (USD mn) 8,685.665 Nov 2024 monthly Jan 2001 - Nov 2024
M2 Growth (%) 7.7 Nov 2024 monthly Jan 2002 - Nov 2024
Reserve Requirement Ratio (%) 2.5 Feb 2021 monthly Feb 2006 - Feb 2021
Foreign Exchange Reserves (USD mn) 5,165.9 Apr 2021 monthly Jan 1992 - Apr 2021
Foreign Exchange Reserves: % of GDP (%) 21.129 Sep 2024 quarterly Jun 1994 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 8.2 Mar 2023 monthly Jan 2003 - Mar 2023
Total Deposits (USD mn) 7,970.277 Nov 2024 monthly Dec 2002 - Nov 2024
Total Deposits Growth (%) 3.1 Nov 2024 monthly Dec 2003 - Nov 2024
Domestic Credit (USD mn) 6,007.9 Feb 2023 monthly Dec 2004 - Feb 2023
Domestic Credit Growth (%) 27.4 Sep 2024 quarterly Dec 2005 - Sep 2024
Household Debt (USD mn) 4,057.1 Nov 2024 monthly Dec 2002 - Nov 2024
Total Loans (USD mn) 6,315.948 Nov 2024 monthly Dec 2002 - Nov 2024
Total Loans Growth (%) 5.74 Nov 2024 monthly Dec 2003 - Nov 2024
Private Debt: % of Nominal GDP (%) 30.03 Sep 2024 quarterly Dec 2002 - Sep 2024
Monetary Aggregates: M2 (BWP mn) 118,333.316 Nov 2024 monthly Jan 2001 - Nov 2024
Monetary Aggregates: M1 (BWP mn) 32,447.273 Nov 2024 monthly Dec 2004 - Nov 2024
Bank of Botswana: Foreign Exchange Reserves (USD th) 3,941,105.000 Nov 2024 monthly Jan 1992 - Nov 2024
Commercial Banks Deposits (BWP mn) 108,586.873 Nov 2024 monthly Dec 2002 - Nov 2024
Commercial Banks Loans and Advances: Outstanding (BWP mn) 86,048.341 Nov 2024 monthly Dec 2002 - Nov 2024
Commercial Banks Loans and Advances: Outstanding: Households: Property Purchase (BWP mn) 14,847.023 Nov 2024 monthly Dec 2002 - Nov 2024
Commercial Banks Loans and Advances: Outstanding: Resident Business (BWP mn) 30,447.319 Nov 2024 monthly Dec 2002 - Nov 2024
Commercial Banks Loans and Advances: Outstanding: Households (BWP mn) 55,274.284 Nov 2024 monthly Dec 2002 - Nov 2024
Commercial Banks Loans and Advances: Arrears: Over 90 Days (BWP mn) 2,837.797 Sep 2024 quarterly Mar 2001 - Sep 2024

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