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Economy of Botswana vs Dominica compared: GDP & Debt

Updated on by Georank team

Botswana has a GDP of $19.4B compared to $689M for Dominica, ranking 133/197 and 190/197 by economy size, respectively.

Botswana has $5.82B in government debt (30% of GDP), compared to $713M (103.5% of GDP) in Dominica.

Botswana vs Dominica GDP by year

Botswana
Dominica
1x
Year GDP, current $
Botswana Dominica
2024 $19,402,063,513 $688,881,481
2023 $19,411,266,967 $659,311,111
2022 $20,321,150,599 $623,062,963
2021 $18,750,182,236 $562,911,111
2020 $14,960,251,608 $528,944,444
2019 $16,725,908,149 $644,259,259
2018 $17,031,943,186 $628,244,444
2017 $16,105,155,857 $563,355,556
2016 $15,082,637,184 $612,711,111
2015 $13,530,748,845 $583,177,778
2014 $15,470,088,501 $572,255,556
2013 $14,271,738,933 $545,325,926
2012 $13,907,464,500 $520,355,556
2011 $15,110,643,612 $532,081,481
2010 $12,637,273,429 $519,859,259
2009 $10,118,459,242 $515,618,519
2008 $10,730,829,116 $480,003,704
2007 $10,567,270,656 $444,685,185
2006 $9,919,158,482 $416,674,074
2005 $9,918,907,108 $391,455,556
2004 $8,957,467,707 $396,711,111
2003 $7,511,582,173 $373,318,519
2002 $5,438,863,983 $375,200,000
2001 $5,489,608,300 $377,462,963
2000 $5,788,329,609 $333,470,370
1999 $5,484,263,347 $331,759,259
1998 $4,790,481,509 $322,411,111
1997 $5,020,265,627 $302,988,889
1996 $4,847,757,218 $292,285,185
1995 $4,730,599,122 $274,522,222
1994 $4,259,259,604 $264,374,074
1993 $4,160,129,175 $245,525,926
1992 $4,146,464,587 $234,059,259
1991 $3,942,876,703 $219,762,963
1990 $3,790,636,324 $201,429,630
1989 $3,083,822,112 $185,137,243
1988 $2,644,554,159 $171,106,184
1987 $1,965,226,890 $151,868,754
1986 $1,392,602,164 $135,161,959
1985 $1,114,783,343 $119,491,933
1984 $1,240,822,167 $109,157,071
1983 $1,172,230,397 $98,665,191
1982 $1,014,945,696 $89,527,577
1981 $1,073,812,830 $82,107,391
1980 $1,060,889,704 $72,804,653
1979 $819,870,259 $55,017,759
1978 $590,407,374 $57,130,216
1977 $451,624,780 $45,872,947
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/dominica | CC BY

GDP per capita in Botswana vs Dominica by year

Botswana
GDP per capita

GDP per capita, PPP
Dominica
GDP per capita

GDP per capita, PPP
1x
Year Current $
Botswana Dominica
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,696 $20,538 $10,405 $21,301
2023 $7,826 $21,012 $9,913 $20,286
2022 $8,329 $19,977 $9,324 $18,802
2021 $7,808 $17,961 $8,376 $15,809
2020 $6,323 $15,292 $7,828 $14,244
2019 $7,172 $15,960 $9,491 $16,021
2018 $7,408 $15,786 $9,215 $15,070
2017 $7,105 $15,701 $8,225 $12,696
2016 $6,749 $16,228 $8,803 $12,945
2015 $6,141 $14,144 $8,283 $12,093
2014 $7,122 $15,003 $8,132 $12,083
2013 $6,667 $13,621 $7,822 $11,286
2012 $6,596 $12,737 $7,529 $10,921
2011 $7,287 $13,635 $7,705 $11,123
2010 $6,216 $12,753 $7,550 $10,924
2009 $5,083 $11,686 $7,487 $10,804
2008 $5,503 $13,810 $6,971 $10,862
2007 $5,529 $13,389 $6,459 $9,949
2006 $5,292 $12,563 $6,056 $9,200
2005 $5,391 $11,458 $5,695 $8,557
2004 $4,957 $10,818 $5,779 $8,232
2003 $4,230 $10,439 $5,447 $7,714
2002 $3,117 $9,958 $5,488 $7,167
2001 $3,206 $9,420 $5,528 $7,291
2000 $3,451 $9,380 $4,867 $7,111
1999 $3,340 $9,188 $4,817 $6,759
1998 $2,981 $8,441 $4,664 $6,617
1997 $3,194 $8,497 $4,372 $6,290
1996 $3,156 $7,890 $4,211 $6,041
1995 $3,156 $7,503 $3,952 $5,749
1994 $2,917 $7,049 $3,805 $5,465
1993 $2,929 $6,847 $3,536 $5,352
1992 $3,005 $6,753 $3,376 $5,125
1991 $2,939 $6,598 $3,171 $4,914
1990 $2,903 $6,104 $2,893 $4,667
1989 $2,428 - $2,639 -
1988 $2,141 - $2,423 -
1987 $1,639 - $2,138 -
1986 $1,200 - $1,893 -
1985 $994 - $1,666 -
1984 $1,145 - $1,515 -
1983 $1,121 - $1,363 -
1982 $1,006 - $1,232 -
1981 $1,107 - $1,125 -
1980 $1,132 - $996 -
1979 $909 - $754 -
1978 $695 - $786 -
1977 $565 - $634 -
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/dominica | CC BY

Botswana's GDP per capita is $7,696, ranking 97/197, compared to $10,405 in Dominica, ranking 84/197. Adjusted for purchasing power (GDP per capita PPP), Botswana ranks 95th at $20,538, while Dominica ranks 91st at $21,301.

Economic indicators

Botswana Dominica
Gross domestic product
$19.4B
2024
$689M
2024
GDP rank
133/197
2024
190/197
2024
GDP growth
-2.99%
2023-2024
2.05%
2023-2024
GDP per capita
$7,696
2024
$10,405
2024
GDP per capita rank
97/197
2024
84/197
2024
GDP per capita, PPP
$20,538
2024
$21,301
2024
GDP per capita PPP rank
95/197
2024
91/197
2024
Government debt
$5.82B
2024
$713M
2024
Debt-to-GDP ratio
30%
2024
103.5%
2024
Government debt per person
$2,310
2024
$10,765
2024
Government debt per person rank
114/185
2024
55/185
2024
Average annual personal income after taxes
$5,271
2026
$6,045
2026
Market capitalization of domestic companies
$3.59B
2023
n/a
Income share by richest 10%
42.9%
2015
n/a
Income share by poorest 10%
1.4%
2015
n/a
Government expenditure, % of GDP
33.8%
2024
60.9%
2024
Consumer prices inflation
2.82%
2023-2024
2.57%
2023-2024
Central bank interest rate
1.9%
2024
n/a
Unemployment rate
24.4%
2024
11%
2001
Population
2615162
65539

Spending and national debt comparison by year

Botswana
Spending

Debt
Dominica
Spending

Debt
1x
Year % of GDP
Botswana Dominica
Government spending Government debt Government spending Government debt
2024 33.8% 30% 60.9% 103.5%
2023 32.4% 22.5% 66.8% 103.2%
2022 29.5% 21.3% 72.7% 108.3%
2021 33% 23.4% 70.1% 113.6%
2020 38.5% 24.8% 70.1% 118.2%
2019 36.4% 21.3% 44% 89.1%
2018 35.9% 19.8% 66.7% 90%
2017 35% 19.8% 55.7% 86.7%
2016 34.2% 22.4% 45.8% 72.9%
2015 39.7% 25.7% 33.5% 71.1%
2014 36.4% 23.9% 33.3% 73.5%
2013 34.8% 24.7% 34.2% 75.6%
2012 38.3% 27.3% 36.6% 74%
2011 37.4% 28.1% 34.7% 68.6%
2010 44.7% 27.9% 39.7% 67.3%
2009 54.5% 23.5% 36.1% 62.8%
2008 48% 7.77% 35.9% 66.5%
2007 38.3% 6.12% 35.6% 74.9%
2006 34.1% 6.32% 30.9% 80.4%
2005 35% 7.74% 32.1% 84.9%
2004 42% 11.3% 30.1% 85.8%
2003 44% 7.29% 31.2% 98.2%
2002 46% 8.55% 29% 99.4%
2001 42.9% 7.61% 29.3% 97.5%
2000 39.8% 8.37% 38.9% 69.6%
1999 41.7% 9.68% 35.3% 62%
1998 44.3% 12% 33.5% 57.1%
1997 40% - 29.1% 49.3%
1996 37.2% - 29% 54.7%
1995 38.1% - 29.7% 59.3%
1994 39.2% - 27.7% 57%
1993 44.2% - 26.1% 55.4%
1992 43.4% - 28% 55.3%
1991 42.3% - 29.9% 58.7%
1990 40.5% - 32.9% 56.6%

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

GeoRank.org/economy/botswana/dominica | CC BY

In 2024, Botswana's government spending was $6.55B, accounting for 33.8% of its GDP, while Dominica spent $420M, or 60.9% of GDP.

Debt-to-GDP ratio is 30% in Botswana and 103.5% in Dominica, ranking 158/185 and 20/185, respectively.

Government deficit by year

Deficit/surplus
Botswana

Dominica
1x
Year Deficit/surplus, % of GDP
Botswana Dominica
2024 -7.82% -2.28%
2023 -4.25% -4.66%
2022 -0.006% -7.49%
2021 -2.46% -8.61%
2020 -11.5% -7.91%
2019 -8.43% -7.95%
2018 -5.07% -18.1%
2017 -1.16% -3.37%
2016 0.72% 11%
2015 -5.06% 11.8%
2014 3.88% -5.65%
2013 6.07% -2.95%
2012 0.92% -5.48%
2011 -0.12% -4.34%
2010 -8.36% -3.41%
2009 -14.4% -0.31%
2008 -7.59% 0.72%
2007 5.92% 1.88%
2006 13.7% 3.04%
2005 10.7% 0.98%
2004 1.42% -0.67%
2003 -0.18% 0.88%
2002 -4.02% -4.13%
2001 -2.96% -6.48%
2000 8.95% -8.75%
1999 6.18% -9.2%
1998 - -6.08%
1997 - -2.31%
1996 - -1.62%
1995 - -2.97%
1994 - -3.42%
1993 - -1.46%
1992 - -2.28%
1991 - -3.08%
1990 - -4.87%

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

GeoRank.org/economy/botswana/dominica | 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 Dominica's deficit of $15.7M, or 2.28% of GDP.

Over the past 26 years, Botswana recorded a fiscal deficit in 16 of those years, while Dominica ran a deficit in 19 years. On average, Botswana posted an annual deficit equal to 0.96% of GDP, compared to deficit of 3.13% of GDP for Dominica.

Inflation comparison by year

Inflation
Botswana

Dominica
1x
Year Consumer prices inflation
Botswana Dominica
2024 2.82% 2.57%
2023 5.07% 5.09%
2022 11.7% 2.88%
2021 7.24% 2.23%
2020 1.89% 1.22%
2019 2.77% 1.5%
2018 3.24% 0.99%
2017 3.31% 0.3%
2016 2.81% 0.14%
2015 3.06% -0.84%
2014 4.4% 0.8%
2013 5.88% -0.05%
2012 7.54% 1.36%
2011 8.46% 1.13%
2010 6.95% 3%
2009 8.03% 0.006%
2008 12.7% 6.36%
2007 7.08% 3.63%
2006 11.6% 2.2%
2005 8.61% 1.68%
2004 6.95% 2.39%
2003 9.19% 1.45%
2002 8.03% 0.17%
2001 6.56% 1.3%
2000 8.6% 0.86%
1999 7.75% 1.18%
1998 6.66% 1%
1997 8.72% 2.44%

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

GeoRank.org/economy/botswana/dominica | CC BY

Over the past 28 years, Botswana has recorded an average annual inflation rate of 6.7%, compared with 1.68% in Dominica. In 2024, inflation was 2.82% in Botswana and 2.57% in Dominica.

Balance of trade

Botswana Dominica
Current account balance
-$821M
2024
-$160M
2024
Current account balance ranking
118/190
2024
94/190
2024
Current account balance, % of GDP
-4.23%
2024
-23.2%
2024
Goods imports
$6.86B
2024
$231M
2024
Goods exports
$4.66B
2024
$22M
2024
Service imports
$1.29B
2024
$157M
2024
Service exports
$935M
2024
$191M
2024
Imports of goods and services, % of GDP
43.7%
2024
n/a
Exports of goods and services, % of GDP
27.4%
2024
8.5%
2025

Economic freedom indices

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

Botswana Dominica
Economic freedom 67.7 56.1
Economic freedom ranking 53/197 124/197
Property rights 71.7 65.8
Government integrity 59.6 61.2
Judicial effectiveness 70.2 77.3
Tax burden 87.1 76.1
Government spending 69.8 0
Fiscal health 72.4 45.6
Business freedom 61.5 66.2
Labor freedom 60.7 49.8
Monetary freedom 72 77.7
Trade freedom 77 53.2
Investment freedom 50 60
Financial freedom 60 40

Economic freedom comparison by year

Botswana
Dominica
1x
Year Economic freedom index
Botswana Dominica
2026 67.7 56.1
2025 69.9 55.3
2024 68 54
2023 64.9 59.7
2022 64.8 54.4
2021 67.6 53
2020 69.6 60.8
2019 69.5 63.6
2018 69.9 64.5
2017 70.1 63.7
2016 71.1 67
2015 69.8 66.1
2014 72 65.2
2013 70.6 63.9
2012 69.6 61.6
2011 68.8 63.3
2010 70.3 63.2
2009 69.7 62.6
2008 68.2 -
2007 68.1 -
2006 68.8 -
2005 69.3 -
2004 69.9 -
2003 68.6 -
2002 66.2 -
2001 66.8 -
2000 65.8 -
1999 62.9 -
1998 62.8 -
1997 59.1 -
1996 61.6 -
1995 56.8 -

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

GeoRank.org/economy/botswana/dominica | CC BY

The Economic Freedom Index for Botswana is 67.7, ranking 53/197, compared to 56.1 for Dominica, ranking 124/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Botswana Dominica
Services, % of GDP
63.5%
2024
56.9%
2024
Industry, % of GDP
29.4%
2024
13.9%
2024
Agriculture, forestry, and fishing, % of GDP
1.71%
2024
12.2%
2024
GNI, Atlas method
$19.5B
2024
$677M
2024
GNI per capita, PPP
$20,570
2024
$21,410
2024
Total reserves including gold
$3.46B
2024
$156M
2024
Total reserves ranking
113/177
2024
172/177
2024
Net foreign direct investment
-$464M
2024
-$36.4M
2024
Net inflows of foreign direct investment
$467M
2024
$60M
2024
Net outflows of foreign direct investment
$3.02M
2024
-$401K
2024
Servicing debt to the IMF, % of GNI
1.42%
2024
9.52%
2024
Poverty at national poverty lines
16.1%
2015
29%
2020
Gross capital formation, % of GDP
36%
2024
n/a

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/dominica | 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.