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Economy of Botswana vs Czech Republic compared: GDP & Debt

Updated on by Georank team

Botswana has a GDP of $19.4B compared to $347B for the Czech Republic, ranking 133/197 and 44/197 by economy size, respectively.

Botswana has $5.82B in government debt (30% of GDP), compared to $150B (43.3% of GDP) in the Czech Republic.

Botswana vs Czech Republic GDP by year

Botswana
Czech Republic
1x
Year GDP, current $
Botswana Czech Republic
2024 $19,402,063,513 $347,034,062,928
2023 $19,411,266,967 $345,059,295,660
2022 $20,321,150,599 $301,831,228,326
2021 $18,750,182,236 $290,972,714,482
2020 $14,960,251,608 $251,109,660,603
2019 $16,725,908,149 $256,794,209,029
2018 $17,031,943,186 $251,992,360,762
2017 $16,105,155,857 $221,563,575,696
2016 $15,082,637,184 $198,160,659,304
2015 $13,530,748,845 $189,107,698,562
2014 $15,470,088,501 $210,911,285,078
2013 $14,271,738,933 $213,024,360,541
2012 $13,907,464,500 $210,363,223,088
2011 $15,110,643,612 $231,429,378,717
2010 $12,637,273,429 $211,168,667,286
2009 $10,118,459,242 $206,971,882,705
2008 $10,730,829,116 $236,506,264,754
2007 $10,567,270,656 $190,040,702,287
2006 $9,919,158,482 $156,236,258,387
2005 $9,918,907,108 $137,264,185,596
2004 $8,957,467,707 $120,147,899,984
2003 $7,511,582,173 $100,435,924,705
2002 $5,438,863,983 $82,607,869,610
2001 $5,489,608,300 $68,135,304,464
2000 $5,788,329,609 $62,175,642,238
1999 $5,484,263,347 $65,586,562,605
1998 $4,790,481,509 $67,187,217,328
1997 $5,020,265,627 $62,539,765,163
1996 $4,847,757,218 $67,804,105,330
1995 $4,730,599,122 $60,572,381,311
1994 $4,259,259,604 $48,188,478,339
1993 $4,160,129,175 $41,155,654,032
1992 $4,146,464,587 $35,051,065,440
1991 $3,942,876,703 $30,071,014,282
1990 $3,790,636,324 $41,016,881,802
1989 $3,083,822,112 -
1988 $2,644,554,159 -
1987 $1,965,226,890 -
1986 $1,392,602,164 -
1985 $1,114,783,343 -
1984 $1,240,822,167 -
1983 $1,172,230,397 -
1982 $1,014,945,696 -
1981 $1,073,812,830 -
1980 $1,060,889,704 -
1979 $819,870,259 -
1978 $590,407,374 -
1977 $451,624,780 -
1976 $372,025,093 -
1975 $355,168,572 -
1974 $306,044,208 -
1973 $244,124,164 -
1972 $164,460,915 -
1971 $127,448,614 -
1970 $96,243,234 -
1969 $77,361,547 -
1968 $66,248,441 -
1967 $58,642,354 -
1966 $51,465,655 -
1965 $45,788,696 -
1964 $41,616,348 -
1963 $38,091,843 -
1962 $35,644,957 -
1961 $32,902,613 -
1960 $30,411,414 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/botswana/czech-republic | CC BY

GDP per capita in Botswana vs Czech Republic by year

Botswana
GDP per capita

GDP per capita, PPP
Czech Republic
GDP per capita

GDP per capita, PPP
1x
Year Current $
Botswana Czech Republic
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,696 $20,538 $31,823 $57,285
2023 $7,826 $21,012 $31,762 $55,761
2022 $8,329 $19,977 $28,282 $52,947
2021 $7,808 $17,961 $27,696 $47,796
2020 $6,323 $15,292 $23,473 $44,839
2019 $7,172 $15,960 $24,063 $45,614
2018 $7,408 $15,786 $23,706 $41,638
2017 $7,105 $15,701 $20,913 $39,346
2016 $6,749 $16,228 $18,754 $36,445
2015 $6,141 $14,144 $17,932 $34,093
2014 $7,122 $15,003 $20,038 $32,743
2013 $6,667 $13,621 $20,260 $31,013
2012 $6,596 $12,737 $20,014 $29,466
2011 $7,287 $13,635 $22,049 $29,237
2010 $6,216 $12,753 $20,160 $28,154
2009 $5,083 $11,686 $19,817 $27,713
2008 $5,503 $13,810 $22,775 $27,938
2007 $5,529 $13,389 $18,453 $26,268
2006 $5,292 $12,563 $15,259 $23,914
2005 $5,391 $11,458 $13,442 $22,115
2004 $4,957 $10,818 $11,783 $20,988
2003 $4,230 $10,439 $9,852 $19,604
2002 $3,117 $9,958 $8,101 $18,344
2001 $3,206 $9,420 $6,669 $17,709
2000 $3,451 $9,380 $6,063 $16,332
1999 $3,340 $9,188 $6,378 $15,494
1998 $2,981 $8,441 $6,527 $15,064
1997 $3,194 $8,497 $6,069 $14,911
1996 $3,156 $7,890 $6,573 $14,781
1995 $3,156 $7,503 $5,865 $13,957
1994 $2,917 $7,049 $4,663 $12,862
1993 $2,929 $6,847 $3,984 $12,242
1992 $3,005 $6,753 $3,397 $11,963
1991 $2,939 $6,598 $2,917 $11,768
1990 $2,903 $6,104 $3,969 $12,848
1989 $2,428 - - -
1988 $2,141 - - -
1987 $1,639 - - -
1986 $1,200 - - -
1985 $994 - - -
1984 $1,145 - - -
1983 $1,121 - - -
1982 $1,006 - - -
1981 $1,107 - - -
1980 $1,132 - - -
1979 $909 - - -
1978 $695 - - -
1977 $565 - - -
1976 $490 - - -
1975 $493 - - -
1974 $446 - - -
1973 $374 - - -
1972 $264.2 - - -
1971 $212.2 - - -
1970 $163 - - -
1969 $131.8 - - -
1968 $113.4 - - -
1967 $100.9 - - -
1966 $89.1 - - -
1965 $79.7 - - -
1964 $73.5 - - -
1963 $68.9 - - -
1962 $66 - - -
1961 $62.3 - - -
1960 $58.9 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/botswana/czech-republic | CC BY

Botswana's GDP per capita is $7,696, ranking 97/197, compared to $31,823 in the Czech Republic, ranking 39/197. Adjusted for purchasing power (GDP per capita PPP), Botswana ranks 95th at $20,538, while the Czech Republic ranks 35th at $57,285.

Economic indicators

Botswana Czech Republic
Gross domestic product
$19.4B
2024
$347B
2024
GDP rank
133/197
2024
44/197
2024
GDP growth
-2.99%
2023-2024
1.23%
2023-2024
GDP per capita
$7,696
2024
$31,823
2024
GDP per capita rank
97/197
2024
39/197
2024
GDP per capita, PPP
$20,538
2024
$57,285
2024
GDP per capita PPP rank
95/197
2024
35/197
2024
Government debt
$5.82B
2024
$150B
2024
Debt-to-GDP ratio
30%
2024
43.3%
2024
Government debt per person
$2,310
2024
$13,792
2024
Government debt per person rank
114/185
2024
43/185
2024
Average annual personal income after taxes
$5,271
2026
$22,139
2026
Market capitalization of domestic companies
$3.59B
2023
$34.6B
2024
Number of billionaires n/a
11
2025
Income share by richest 10%
42.9%
2015
21.5%
2023
Income share by poorest 10%
1.4%
2015
3.8%
2023
Government expenditure, % of GDP
33.8%
2024
42.8%
2024
Consumer prices inflation
2.82%
2023-2024
2.44%
2023-2024
Central bank interest rate
1.9%
2024
3.5%
2025
Unemployment rate
24.4%
2024
2.6%
2024
Population
2615162
10649126

Spending and national debt comparison by year

Botswana
Spending

Debt
Czech Republic
Spending

Debt
1x
Year % of GDP
Botswana Czech Republic
Government spending Government debt Government spending Government debt
2024 33.8% 30% 42.8% 43.3%
2023 32.4% 22.5% 43.7% 42.2%
2022 29.5% 21.3% 43% 42.5%
2021 33% 23.4% 45% 40.7%
2020 38.5% 24.8% 46.3% 36.9%
2019 36.4% 21.3% 40.4% 29.6%
2018 35.9% 19.8% 40.1% 31.7%
2017 35% 19.8% 38.5% 33.8%
2016 34.2% 22.4% 39.4% 36.2%
2015 39.7% 25.7% 41.7% 39.5%
2014 36.4% 23.9% 42.3% 41.5%
2013 34.8% 24.7% 42.4% 44.1%
2012 38.3% 27.3% 44.4% 43.8%
2011 37.4% 28.1% 42.8% 39.4%
2010 44.7% 27.9% 43.2% 36.7%
2009 54.5% 23.5% 44.5% 33.4%
2008 48% 7.77% 40.9% 28.2%
2007 38.3% 6.12% 40.5% 27.3%
2006 34.1% 6.32% 41.5% 27.6%
2005 35% 7.74% 42.3% 27.7%
2004 42% 11.3% 42.2% 28.3%
2003 44% 7.29% 49% 28.1%
2002 46% 8.55% 44.4% 25.7%
2001 42.9% 7.61% 43.1% 22.6%
2000 39.8% 8.37% 40.6% 16.9%
1999 41.7% 9.68% 40.9% 15.1%
1998 44.3% 12% 41.6% 13.9%
1997 40% - 41.3% 12.1%
1996 37.2% - 41.4% 11.5%
1995 38.1% - 52.8% 13.5%
1994 39.2% - - -
1993 44.2% - - -
1992 43.4% - - -
1991 42.3% - - -
1990 40.5% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/botswana/czech-republic | CC BY

In 2024, Botswana's government spending was $6.55B, accounting for 33.8% of its GDP, while the Czech Republic spent $148B, or 42.8% of GDP.

Debt-to-GDP ratio is 30% in Botswana and 43.3% in the Czech Republic, ranking 158/185 and 124/185, respectively.

Government deficit by year

Deficit/surplus
Botswana

Czech Republic
1x
Year Deficit/surplus, % of GDP
Botswana Czech Republic
2024 -7.82% -1.99%
2023 -4.25% -3.73%
2022 -0.006% -3.07%
2021 -2.46% -4.95%
2020 -11.5% -5.65%
2019 -8.43% 0.28%
2018 -5.07% 0.88%
2017 -1.16% 1.46%
2016 0.72% 0.68%
2015 -5.06% -0.67%
2014 3.88% -2.09%
2013 6.07% -1.3%
2012 0.92% -3.92%
2011 -0.12% -2.71%
2010 -8.36% -4.14%
2009 -14.4% -5.46%
2008 -7.59% -2%
2007 5.92% -0.68%
2006 13.7% -2.19%
2005 10.7% -3.06%
2004 1.42% -2.4%
2003 -0.18% -6.87%
2002 -4.02% -6.34%
2001 -2.96% -5.76%
2000 8.95% -3.55%
1999 6.18% -3.08%
1998 - -4.14%
1997 - -3.14%
1996 - -2.98%
1995 - -12.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/botswana/czech-republic | CC BY

In 2024, Botswana's government deficit, the difference between spending and revenue, was $1.52B, equivalent to 7.82% of GDP. This compares to the Czech Republic's deficit of $6.92B, or 1.99% of GDP.

Over the past 26 years, Botswana recorded a fiscal deficit in 16 of those years, while the Czech Republic ran a deficit in 22 years. On average, Botswana posted an annual deficit equal to 0.96% of GDP, compared to deficit of 2.78% of GDP for the Czech Republic.

Inflation comparison by year

Inflation
Botswana

Czech Republic
1x
Year Consumer prices inflation
Botswana Czech Republic
2024 2.82% 2.44%
2023 5.07% 10.7%
2022 11.7% 15.1%
2021 7.24% 3.84%
2020 1.89% 3.16%
2019 2.77% 2.85%
2018 3.24% 2.15%
2017 3.31% 2.45%
2016 2.81% 0.68%
2015 3.06% 0.31%
2014 4.4% 0.34%
2013 5.88% 1.44%
2012 7.54% 3.29%
2011 8.46% 1.92%
2010 6.95% 1.47%
2009 8.03% 1.02%
2008 12.7% 6.36%
2007 7.08% 2.85%
2006 11.6% 2.53%
2005 8.61% 1.86%
2004 6.95% 2.76%
2003 9.19% 0.12%
2002 8.03% 1.9%
2001 6.56% 4.66%
2000 8.6% 3.78%
1999 7.75% 2.14%
1998 6.66% 10.7%
1997 8.72% 8.6%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/botswana/czech-republic | CC BY

Over the past 28 years, Botswana has recorded an average annual inflation rate of 6.7%, compared with 3.62% in the Czech Republic. In 2024, inflation was 2.82% in Botswana and 2.44% in the Czech Republic.

Top exports between countries

Botswana
Export category Export value
Machinery & equipment $126K
Precious metals & jewellery $69K
Chemicals & pharma $23K
Czech Republic
Export category Export value
Machinery & equipment $769K
Textiles & consumer goods $216K
Weapons & explosives $145K
Chemicals & pharma $58K
Metals $2K
Wood & paper products $1K

Balance of trade

Botswana Czech Republic
Current account balance
-$821M
2024
$6.05B
2024
Current account balance ranking
118/190
2024
31/190
2024
Current account balance, % of GDP
-4.23%
2024
+1.74%
2024
Goods imports
$6.86B
2024
$179B
2024
Goods exports
$4.66B
2024
$197B
2024
Service imports
$1.29B
2024
$38B
2024
Service exports
$935M
2024
$42.5B
2024
Imports of goods and services, % of GDP
43.7%
2024
62.6%
2024
Exports of goods and services, % of GDP
27.4%
2024
68.9%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Botswana Czech Republic
Economic freedom 67.7 73.2
Economic freedom ranking 53/197 25/197
Property rights 71.7 89.8
Government integrity 59.6 64.7
Judicial effectiveness 70.2 92.1
Tax burden 87.1 78.8
Government spending 69.8 44.2
Fiscal health 72.4 82.5
Business freedom 61.5 76.8
Labor freedom 60.7 55.1
Monetary freedom 72 75
Trade freedom 77 79.4
Investment freedom 50 70
Financial freedom 60 70

Economic freedom comparison by year

Botswana
Czech Republic
1x
Year Economic freedom index
Botswana Czech Republic
2026 67.7 73.2
2025 69.9 72.9
2024 68 70.2
2023 64.9 71.9
2022 64.8 74.4
2021 67.6 73.8
2020 69.6 74.8
2019 69.5 73.7
2018 69.9 74.2
2017 70.1 73.3
2016 71.1 73.2
2015 69.8 72.5
2014 72 72.2
2013 70.6 70.9
2012 69.6 69.9
2011 68.8 70.4
2010 70.3 69.8
2009 69.7 69.4
2008 68.2 68.1
2007 68.1 67.4
2006 68.8 66.4
2005 69.3 64.6
2004 69.9 67
2003 68.6 67.5
2002 66.2 66.5
2001 66.8 70.2
2000 65.8 68.6
1999 62.9 69.7
1998 62.8 68.4
1997 59.1 68.8
1996 61.6 68.1
1995 56.8 67.8

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/botswana/czech-republic | CC BY

The Economic Freedom Index for Botswana is 67.7, ranking 53/197, compared to 73.2 for the Czech Republic, ranking 25/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Botswana Czech Republic
Services, % of GDP
63.5%
2024
60.2%
2024
Industry, % of GDP
29.4%
2024
29.2%
2024
Agriculture, forestry, and fishing, % of GDP
1.71%
2024
1.9%
2024
GNI, Atlas method
$19.5B
2024
$322B
2024
GNI per capita, PPP
$20,570
2024
$54,800
2024
Total reserves including gold
$3.46B
2024
$146B
2024
Total reserves ranking
113/177
2024
22/177
2024
Net foreign direct investment
-$464M
2024
-$1.87B
2024
Net inflows of foreign direct investment
$467M
2024
$13.1B
2024
Net outflows of foreign direct investment
$3.02M
2024
$11.2B
2024
Servicing debt to the IMF, % of GNI
1.42%
2024
n/a
Poverty at national poverty lines
16.1%
2015
10.2%
2021
Gross capital formation, % of GDP
36%
2024
26.3%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/botswana/czech-republic | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.