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Economy of Botswana vs DR Congo compared: GDP & Debt

Updated on by Georank team

Botswana has a GDP of $19.4B compared to $70.7B for the DR Congo, ranking 133/197 and 87/197 by economy size, respectively.

Botswana has $6.36B in government debt (43.8% of GDP), compared to $13.7B (16.3% of GDP) in the DR Congo.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Botswana
GDP, current $

GDP, constant 2015 $
DR Congo
GDP, current $

GDP, constant 2015 $
Year GDP
Botswana DR Congo
Current $ Constant $ Current $ Constant $
1960 $30,411,414 $203,297,646 $3,359,404,118 $19,168,015,352
1961 $32,902,613 $216,193,393 $3,086,746,857 $17,088,021,918
1962 $35,644,957 $230,606,288 $3,779,841,429 $20,710,801,757
1963 $38,091,843 $244,260,590 $6,213,185,743 $21,790,660,917
1964 $41,616,348 $260,949,209 $2,881,545,273 $21,258,920,074
1965 $45,788,696 $276,120,679 $4,043,901,818 $21,470,945,657
1966 $51,465,655 $293,637,827 $4,532,660,182 $22,925,706,424
1967 $58,642,354 $311,034,576 $3,384,063,372 $22,699,718,873
1968 $66,248,441 $343,901,776 $3,909,780,539 $23,683,229,244
1969 $77,361,547 $395,911,433 $5,032,434,970 $25,892,599,200
1970 $96,243,234 $463,692,530 $4,877,684,910 $25,829,147,683
1971 $127,448,614 $583,423,076 $5,594,770,359 $27,380,192,668
1972 $164,460,915 $737,224,723 $6,173,712,814 $27,421,573,863
1973 $244,124,164 $894,277,062 $7,870,239,461 $29,652,942,981
1974 $306,044,208 $972,953,727 $9,596,960,180 $30,581,253,827
1975 $355,168,572 $1,055,131,835 $10,237,343,174 $29,057,808,604
1976 $372,025,093 $1,167,475,696 $9,648,583,225 $27,515,128,941
1977 $451,624,780 $1,307,713,345 $12,344,424,764 $27,724,462,281
1978 $590,407,374 $1,495,145,304 $15,372,608,002 $26,242,508,948
1979 $819,870,259 $1,676,784,361 $15,068,422,236 $26,355,374,899
1980 $1,060,889,704 $1,877,778,848 $14,394,927,495 $26,933,852,428
1981 $1,073,812,830 $2,047,996,824 $12,537,821,038 $27,566,939,114
1982 $1,014,945,696 $2,297,146,530 $13,651,667,371 $27,440,771,406
1983 $1,172,230,397 $2,599,146,161 $11,006,712,650 $27,828,153,788
1984 $1,240,822,167 $2,821,253,171 $7,857,729,193 $29,370,132,388
1985 $1,114,783,343 $3,022,275,113 $7,195,042,616 $29,507,540,832
1986 $1,392,602,164 $3,269,283,371 $8,095,367,168 $30,899,473,397
1987 $1,965,226,890 $3,657,737,272 $7,661,625,473 $31,726,232,824
1988 $2,644,554,159 $4,369,166,056 $8,861,299,977 $31,875,467,102
1989 $3,083,822,112 $4,939,753,185 $9,021,862,775 $31,471,907,548
1990 $3,790,636,324 $5,274,313,873 $9,349,764,580 $29,404,734,879
1991 $3,942,876,703 $5,667,709,608 $9,625,436,873 $26,928,547,012
1992 $4,146,464,587 $5,833,040,675 $8,227,343,907 $24,101,047,269
1993 $4,160,129,175 $5,944,807,979 $10,706,259,937 $20,854,865,032
1994 $4,259,259,604 $6,160,480,628 $5,820,382,248 $20,041,525,963
1995 $4,730,599,122 $6,593,587,690 $5,643,439,376 $20,181,816,410
1996 $4,847,757,218 $6,977,980,666 $5,771,456,952 $19,975,321,586
1997 $5,020,265,627 $7,558,959,722 $6,090,838,693 $18,853,298,464
1998 $4,790,481,509 $7,592,496,073 $6,217,805,821 $18,547,091,854
1999 $5,484,263,347 $8,326,480,944 $4,711,259,427 $17,755,104,912
2000 $5,788,329,609 $8,491,986,059 $19,088,046,306 $16,528,062,517
2001 $5,489,608,300 $8,513,264,764 $7,438,189,100 $16,180,944,606
2002 $5,438,863,983 $9,029,979,997 $8,728,038,525 $16,657,920,858
2003 $7,511,582,173 $9,447,697,368 $8,937,567,060 $17,587,070,084
2004 $8,957,467,707 $9,703,335,214 $10,297,483,481 $18,772,152,630
2005 $9,918,907,108 $10,145,481,816 $11,964,484,466 $19,923,852,569
2006 $9,919,158,482 $10,994,036,837 $14,451,901,696 $20,983,996,693
2007 $10,567,270,656 $11,630,872,553 $16,737,071,816 $22,297,485,300
2008 $10,730,829,116 $12,009,117,014 $19,788,515,590 $23,685,703,159
2009 $10,118,459,242 $10,310,519,328 $18,648,372,553 $24,361,945,146
2010 $12,637,273,429 $11,353,915,358 $21,565,721,045 $26,093,586,500
2011 $15,110,643,612 $12,130,342,698 $25,839,749,199 $27,887,434,695
2012 $13,907,464,500 $12,109,617,145 $29,306,235,285 $29,863,789,011
2013 $14,271,738,933 $13,454,136,660 $32,679,745,048 $32,396,822,645
2014 $15,470,088,501 $14,220,638,229 $35,909,040,926 $35,464,895,084
2015 $13,530,748,845 $13,530,748,845 $37,917,706,497 $37,917,706,497
2016 $15,082,637,184 $14,505,561,464 $37,134,801,555 $38,827,503,534
2017 $16,105,155,857 $15,102,375,175 $38,019,264,795 $40,274,584,268
2018 $17,031,943,186 $15,734,967,215 $47,568,210,010 $42,619,016,591
2019 $16,725,908,149 $16,212,015,761 $51,775,829,877 $44,487,659,679
2020 $14,960,251,611 $14,796,887,969 $48,716,961,860 $45,259,708,654
2021 $18,750,182,235 $16,560,125,448 $55,328,482,784 $48,065,880,295
2022 $20,321,150,598 $17,468,616,756 $65,801,547,756 $52,355,494,716
2023 $19,411,266,967 $18,029,021,881 $67,006,756,666 $56,862,826,231
2024 $19,400,774,882 $17,489,977,782 $70,749,355,652 $60,658,948,871

Economic indicators

Botswana DR Congo
Gross domestic product
$19.4B
2024
$70.7B
2024
GDP rank
133/197
2024
87/197
2024
GDP growth
-0.05%
2023-2024
5.59%
2023-2024
GDP per capita
$7,695
2024
$647
2024
GDP per capita rank
98/197
2024
189/197
2024
GDP per capita, PPP
$20,538
2024
$1,710
2024
Government debt
$6.36B
2024
$13.7B
2024
Debt-to-GDP ratio
43.8%
2025
16.3%
2025
Government debt per person
$2,523
2024
$125
2024
Government debt per person rank
110/185
2024
183/185
2024
Average annual personal income after taxes
$4,596
2025
$1,758
2025
Market capitalization of domestic companies
$3.59B
2023
n/a
Income share by richest 10%
42.9%
2015
35.7%
2020
Income share by poorest 10%
1.4%
2015
2.1%
2020
Government expenditure, % of GDP
34.9%
2025
17.4%
2025
Consumer prices inflation
2.82%
2023-2024
2.89%
2015-2016
Central bank interest rate
1.9%
2024
25%
2023
Unemployment rate
24.4%
2024
1.47%
2020
Population
2595266
115740092

GDP per capita in Botswana vs DR Congo

Botswana's GDP per capita is $7,695, ranking 98/197, compared to $647 in the DR Congo, ranking 189/197. Adjusted for purchasing power (GDP per capita PPP), Botswana ranks 93rd at $20,538, while the DR Congo ranks 191st at $1,710.

Botswana
GDP per capita

GDP per capita, PPP
DR Congo
GDP per capita

GDP per capita, PPP
Year Current $
Botswana DR Congo
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $58.9 - $220.1 -
1961 $62.3 - $197.1 -
1962 $66 - $235.1 -
1963 $68.9 - $376 -
1964 $73.5 - $169.9 -
1965 $79.7 - $232 -
1966 $89.1 - $252.8 -
1967 $100.9 - $183.3 -
1968 $113.4 - $205.6 -
1969 $131.8 - $257.1 -
1970 $163 - $242.2 -
1971 $212.2 - $270.3 -
1972 $264.2 - $290.5 -
1973 $374 - $361 -
1974 $446 - $428 -
1975 $493 - $445 -
1976 $490 - $408 -
1977 $565 - $509 -
1978 $695 - $615 -
1979 $909 - $582 -
1980 $1,132 - $539 -
1981 $1,107 - $456 -
1982 $1,006 - $482 -
1983 $1,121 - $376 -
1984 $1,145 - $259.8 -
1985 $994 - $230.1 -
1986 $1,200 - $250.9 -
1987 $1,639 - $230.1 -
1988 $2,141 - $257.7 -
1989 $2,428 - $254.2 -
1990 $2,903 $5,978 $254.9 $832
1991 $2,939 $6,463 $253.8 $762
1992 $3,005 $6,614 $209.7 $674
1993 $2,929 $6,706 $263.3 $576
1994 $2,917 $6,903 $136.5 $540
1995 $3,156 $7,348 $127 $532
1996 $3,156 $7,728 $127.4 $526
1997 $3,194 $8,322 $132.3 $497
1998 $2,981 $8,268 $131.5 $481
1999 $3,340 $8,999 $96.3 $452
2000 $3,451 $9,187 $378 $417
2001 $3,206 $9,226 $142.7 $404
2002 $3,117 $9,753 $162.4 $410
2003 $4,230 $10,224 $161.5 $428
2004 $4,957 $10,596 $180.7 $456
2005 $5,391 $11,222 $203.6 $484
2006 $5,292 $12,304 $238.4 $509
2007 $5,529 $13,113 $267.9 $539
2008 $5,503 $13,526 $307 $567
2009 $5,083 $11,446 $280.8 $569
2010 $6,216 $12,491 $315 $597
2011 $7,287 $13,355 $365 $630
2012 $6,596 $12,475 $400 $632
2013 $6,667 $13,341 $431 $712
2014 $7,122 $15,003 $458 $805
2015 $6,141 $14,144 $468 $859
2016 $6,749 $16,228 $442 $914
2017 $7,105 $15,701 $437 $1,003
2018 $7,408 $15,786 $528 $1,069
2019 $7,172 $15,960 $557 $1,167
2020 $6,323 $15,292 $508 $1,136
2021 $7,808 $17,961 $558 $1,314
2022 $8,329 $19,977 $643 $1,484
2023 $7,826 $21,012 $633 $1,616
2024 $7,695 $20,538 $647 $1,710

Spending and national debt comparison

In 2024, Botswana's government spending was $6.74B, accounting for 34.9% of its GDP, while the DR Congo's spent $12.6B, or 17.4% of GDP.

Debt-to-GDP ratio is 43.8% in Botswana and 16.3% in the DR Congo, ranking 122/185 and 175/185, respectively.

Botswana
Government spending

Government debt
DR Congo
Government spending

Government debt
Year % of GDP
Botswana DR Congo
Government spending Government debt Government spending Government debt
1990 40.5% - - -
1991 42.3% - - -
1992 43.4% - - -
1993 44.2% - - -
1994 39.2% - - -
1995 38.1% - - -
1996 37.2% - 2.17% -
1997 40% - 2.51% -
1998 44.3% 12% 2.78% -
1999 41.7% 9.68% 2.15% -
2000 39.8% 8.37% 2.49% 135%
2001 42.9% 7.61% 4.26% 185.4%
2002 46% 8.55% 4.17% 136%
2003 44% 7.29% 9.19% 114.5%
2004 42% 11.3% 8.11% 164.1%
2005 35% 7.74% 8.28% 112%
2006 34.1% 6.32% 8.45% 107.5%
2007 38.3% 6.12% 8.78% 85.1%
2008 48% 7.77% 10.1% 80.3%
2009 54.5% 23.5% 12.4% 91.6%
2010 44.7% 27.9% 15.4% 31.8%
2011 37.4% 28.1% 13.7% 29.3%
2012 38.3% 27.3% 13.4% 25.1%
2013 34.8% 24.7% 11.9% 23.8%
2014 36.4% 23.9% 12.9% 22.8%
2015 39.7% 25.7% 15.2% 25.5%
2016 34.2% 22.4% 13.9% 33%
2017 35% 19.8% 10.4% 23.2%
2018 35.9% 19.8% 11.7% 19.3%
2019 36.4% 21.3% 13.4% 19.4%
2020 38.5% 24.8% 12.6% 24.9%
2021 33% 23.4% 14.4% 24.7%
2022 29.5% 21.3% 18.2% 22.6%
2023 32.3% 22.5% 17.2% 25.1%
2024 34.7% 32.8% 17.8% 19.3%
2025 34.9% 43.8% 17.4% 16.3%

Government deficit by year

In 2024, Botswana's government deficit, the difference between spending and revenue, was -$2B, equivalent to -10.3% of GDP. This compares to the DR Congo's deficit of -$1.43B, or -2.02% of GDP.

Over the past 26 years, Botswana recorded a fiscal deficit in 16 of those years, while the DR Congo ran a deficit in 16 years. On average, Botswana posted an annual deficit equal to -1.05% of GDP, compared to deficit of -0.51% of GDP for the DR Congo.

Deficit/surplus
Botswana

DR Congo
Year Deficit/surplus, % of GDP
Botswana DR Congo
1996 - -0.56%
1997 - -1.06%
1998 - -1.55%
1999 6.18% -1.35%
2000 8.95% -1.85%
2001 -2.96% -1.27%
2002 -4.02% 0.72%
2003 -0.18% -4.24%
2004 1.42% -1.09%
2005 10.7% 0.61%
2006 13.7% 0.99%
2007 5.92% 0.41%
2008 -7.59% -0.41%
2009 -14.4% 0.92%
2010 -8.36% -0.97%
2011 -0.12% -0.96%
2012 0.92% 1.71%
2013 6.07% 1.76%
2014 3.88% 4.36%
2015 -5.06% 0.66%
2016 0.72% -0.48%
2017 -1.16% 0.24%
2018 -5.07% -1.17%
2019 -8.43% -2.63%
2020 -11.5% -3.19%
2021 -2.46% -1.4%
2022 -0.006% -0.91%
2023 -4.18% -1.73%
2024 -10.3% -2.02%
2025 -11.2% -2.58%

Inflation comparison by year

Over the past 21 years, Botswana has recorded an average annual inflation rate of 7.6%, compared with 97% in the DR Congo. In 2016, inflation was 2.82% in Botswana and 2.89% in the DR Congo.

Inflation
Botswana

DR Congo
Year Inflation
Botswana DR Congo Botswana DR Congo
1996 10.1% 492%
1997 8.72% 198.5%
1998 6.66% 29.1%
1999 7.75% 284.9%
2000 8.6% 514%
2001 6.56% 360%
2002 8.03% 31.5%
2003 9.19% 12.9%
2004 6.95% 3.99%
2005 8.61% 21.3%
2006 11.6% 13.1%
2007 7.08% 16.9%
2008 12.7% 17.3%
2009 8.03% 2.8%
2010 6.95% 7.1%
2011 8.46% 15.3%
2012 7.54% 9.72%
2013 5.88% 0.81%
2014 4.4% 1.24%
2015 3.06% 0.74%
2016 2.81% 2.89%
2017 3.31% -
2018 3.24% -
2019 2.77% -
2020 1.89% -
2021 7.24% -
2022 11.7% -
2023 5.07% -
2024 2.82% -

Top exports between countries

Botswana
Export category Export value
Machinery & equipment $8.78M
Raw agricultural goods $4.46M
Animal & marine products $1.68M
Metals $768K
Textiles & consumer goods $150K
Processed food, beverages & tobacco $91K
Raw materials & minerals $77K
Wood & paper products $18K
Chemicals & pharma $6K
Miscellaneous $4K
DR Congo
Export category Export value
Machinery & equipment $318K
Metals $69K
Raw materials & minerals $56K
Textiles & consumer goods $13K
Chemicals & pharma $4K
Weapons & explosives $1K

Balance of trade

Botswana DR Congo
Current account balance
-$821M
2024
-$2.72B
2024
Current account balance ranking
116/189
2024
150/189
2024
Current account balance, % of GDP
-4.23%
2024
-3.84%
2024
Goods imports
$6.86B
2024
$31B
2024
Goods exports
$4.66B
2024
$34.9B
2024
Service imports
$1.29B
2024
$6.14B
2024
Service exports
$935M
2024
$322M
2024
Imports of goods and services, % of GDP
40.9%
2024
50.9%
2024
Exports of goods and services, % of GDP
26%
2024
46.6%
2024

Economic freedom indices

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

Botswana DR Congo
Economic freedom 69.9 47.3
Economic freedom ranking 36/197 177/197
Property rights 74.1 15.6
Government integrity 60.1 11.7
Judicial effectiveness 70.5 12
Tax burden 84.9 74.2
Government spending 70.8 92.4
Fiscal health 90.4 97
Business freedom 70.6 32.8
Labor freedom 60.7 54.4
Monetary freedom 68.3 59.4
Trade freedom 78.8 68.2
Investment freedom 50 30
Financial freedom 60 20

Economic freedom by year comparison

The Economic Freedom Index for Botswana is 69.9, ranking 36/197, compared to 47.3 for the DR Congo, ranking 177/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Botswana
DR Congo
Year Economic freedom index
Botswana DR Congo
1995 56.8 41.4
1996 61.6 39.5
1997 59.1 39.5
1998 62.8 40.6
1999 62.9 34
2000 65.8 34.8
2001 66.8 -
2002 66.2 -
2003 68.6 -
2004 69.9 -
2005 69.3 -
2006 68.8 -
2007 68.1 -
2008 68.2 -
2009 69.7 42.8
2010 70.3 41.4
2011 68.8 40.7
2012 69.6 41.1
2013 70.6 39.6
2014 72 40.6
2015 69.8 45
2016 71.1 46.4
2017 70.1 56.4
2018 69.9 52.1
2019 69.5 50.3
2020 69.6 49.5
2021 67.6 49
2022 64.8 47.6
2023 64.9 47.9
2024 68 47.6
2025 69.9 47.3

More economic indicators

Botswana DR Congo
Services, % of GDP
63.5%
2024
33%
2024
Industry, % of GDP
29.4%
2024
46.6%
2024
Agriculture, forestry, and fishing, % of GDP
1.71%
2024
17.1%
2024
GNI, Atlas method
$19.5B
2024
$70.4B
2024
GNI per capita, PPP
$20,570
2024
$1,650
2024
Total reserves including gold
$3.46B
2024
$5.1B
2023
Total reserves ranking
113/177
2024
99/177
2023
Net foreign direct investment
-$464M
2024
-$2.92B
2024
Net inflows of foreign direct investment
$467M
2024
$2.92B
2024
Net outflows of foreign direct investment
$3.02M
2024
$198M
2024
Servicing debt to the IMF, % of GNI
1.28%
2023
0.76%
2023
Poverty at national poverty lines
16.1%
2015
56.2%
2020
Gross capital formation, % of GDP
36.2%
2024
33.4%
2024

GDP per capita map

GDP per capita

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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.