Botswana - Economic Trends

ANNUAL  INDICATORS

 

 

1985

1996

1997

1998

1999

2000

GNP : US $ bn

 

 

 

 

5.5

 

GNP PER CAPITA

 

 

3,260

3,600

3,240

 

GDP: US $ bn

 

5.3

5.5

5.1

5.5

5.7

REAL GDP GROWTH : %

 

7.0

8.0

4.2

7.7

6.0

CONSUMER PRICE INFLATION (av;%)

 

10.1

8.6

6.7

7.1

8.5

MERCHANDISE EXPORTS fob: US $ m

728

2,218

2,820

2,061

2,671

2,694

MERCHANDISE IMPORTS fob: US $ m

494

1,468

1,924

1,990

-1,996

2,036

CURRENT ACCOUNT BALANCE: US $ m

117

495

721

170

517

449

TOTAL EXTERNAL DEBT: US $ m

351

614

562

516

462

384

DEBT SERVICE as % of exports

5.4

5.2

2.8

2.6

2.4

2.5

EXTERNAL DEBT as % of GNP

31.6

12.6

11.7

11.1

8.1

 

EXCHANGE RATE (av;P:US $)

 

3.324

3.651

4.226

4.660

5.100

NET ODA FROM ALL DONORS: US $ m

 

81

125

106

105

 



BOTSWANA: EMPLOYMENT BY SECTOR

 

1997

Commerce

30.8

Manufacturing

16.1

Construction

15.5

Financial & business services

11.8

Community and personal services

6.6

Transport, storage & communications

6.1

Mining & Quarrying

5.6

Agriculture, forestry & fishing

3.0



BOTSWANA:  ORIGINS OF GDP - %

 

1997/8

1998/9

1999/2000

Agriculture

3.1

2.8

4.1

Mining & quarrying

37.6

35.0

33.3

Manufacturing

4.8

4.7

4.9

General government

14.5

16.0

16.2

Construction

6.0

5.9

5.6

Trade, hotels & restaurants

18.0

11.8

10.8

Financial & business services

10.1

10.5

10.9



BOTSWANA - GROWTH OF OUTPUT

 

 

1980-90

1990-98

 

GDP - Average annual % of growth

10.3

4.3

AGRICULTURE

3.3

-0.2

INDUSTRY

10.2

2.7

MANUFACTURING

8.7

3.5

SERVICES

11.7

6.4



BOTSWANA

FOREIGN TRADE- PRINCIPAL EXPORTS fob: US $ m

 

1993

1998

1999

DIAMONDS

1,379

1,477

2,099

VEHICLES

38

331

144

COPPER-NICKEL

91

61

121

TEXTILES

39

39

54

MEAT & MEAT PRODUCTS

66

79

48



BOTSWANA - MAIN TRADING PARTNERS (% of total)

 

 

1994

1995

1996

1997

1998

EXPORTS TO:

 

 

 

 

 

UK

25.1

37.4

54.3

56.2

56.2

OTHER EUROPE

56.4

36.1

22.4

23.5

23.5

SOUTHERN AFRICAN CUSTOMS UNION

13.9

21.5

18.3

14.3

14.3

ZIMBABWE

2.7

3.1

3.1

3.7

3.7

IMPORTS FROM:

 

 

 

 

 

SOUTHERN AFRICAN CUSTOMS UNION

78.0

74.0

78.0

72.5

70.9

OTHER EUROPE

5.9

6.0

4.2

7.0

9.3

KOREA

2.1

7.1

4.4

9.5

7.1

ZIMBABWE

5.9

5.5

5.7

4.5

4.2



BOTSWANA : BALANCE OF PAYMENTS, IMF estimates - US$ m

 

1993

1994

1995

1996

1997

Goods: exports fob

1722

1874

2160

2218

2820

Goods: imports fob

-1455

-1364

-1605

-1468

-1924

Trade balance

267

510

555

750

895

OVERALL BALANCE

427

212

300

495

721



BOTSWANA: PUBLIC EXPENDITURE, 1997/98

CLASSIFICATION OF EXPENDITURE - % of total

EDUCATION

25

HEALTH

5

HOUSING & URBAN & REGIONAL DEVELOP

10

ELECTRICITY & WATER SUPPLY

8

DEFENSE

8

TRANSPORT & COMMUNICATIONS

7

LOCAL AUTHORITIES

7

GENERAL PUBLIC SERVICES

18

NON-CLASSIFIED

12



BOTSWANA: NET OFFICIAL DEVELOPMENT ASSISTANCE

 

 

1991

1993

1998

NET OFFICIAL DEVELOMENT ASSISTANCE & OFFICIAL AID: US  $ m

136

130

106

AID PER CAPITA : US $

104.4

953

68

AID AS % OF GNP

3.4