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Botswana Trade (% GDP)

Botswana's trade (% GDP) fell to 66.98% in 2024, down from 68.8% in 2023, according to World Bank. This represents a decrease of 1.82% from the previous year. Botswana has trade (% GDP) lower than the global median (66.98% vs median 84.49%). Compared with the median in Africa, Botswana is higher (66.98% vs regional median 62.95%) and ranks 22nd out of 48 countries in Africa.

Yearly Historical Data (1960-2024)

(in %)
Year Trade (% GDP)
2024 66.98%
2023 68.8%
2022 85.61%
2021 88.76%
2020 77.66%
2019 83.09%
2018 87.46%
2017 81.92%
2016 100.46%
2015 112.9%
2014 119.5%
2013 125.78%
2012 111.88%
2011 98.96%
2010 94.64%
2009 88.48%
2008 99.01%
2007 98.5%
2006 86.61%
2005 88.51%
2004 91%
2003 85.83%
2002 91.84%
2001 87.53%
2000 91.92%
1999 98.93%
1998 101.84%
1997 108.6%
1996 90.96%
1995 94.6%
1994 88.18%
1993 86.21%
1992 89.75%
1991 99.56%
1990 104.85%
1989 105.36%
1988 114.45%
1987 123.57%
1986 117.46%
1985 117.52%
1984 118.77%
1983 124.65%
1982 123.84%
1981 121.24%
1980 119.5%
1979 119.37%
1978 120.58%
1977 120.21%
1976 116.71%
1975 107.39%
1974 105.7%
1973 100.8%
1972 97.92%
1971 94.71%
1970 85.57%
1969 75.34%
1968 86%
1967 75.39%
1966 80.22%
1965 82.32%
1964 77.39%
1963 76.34%
1962 72.77%
1961 69.74%
1960 65.92%
Botswana Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Botswana divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $5.5B $8.41B 2023
Annual Imports $6.42B $8.11B 2023
Exports (% GDP) 26.05% 32.25% 2024
FDI Inflows (% GDP) 3.43% 3.49% 2023
Imports (% GDP) 40.93% 36.55% 2024
Net Trade (Goods & Services, BoP) -$829.64M $87.79M 2023
Tariff Rate 8.25% 7.79% 2022