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Economy of Botswana vs Indonesia compared: GDP & Debt

Updated on by Georank

Botswana has a GDP of $19.9B compared to $1.45T for Indonesia, ranking 135/197 and 17/197 by economy size, respectively.

Botswana has $7.7B in government debt (38.6% of GDP), compared to $593B (41% of GDP) in Indonesia.

Botswana vs Indonesia GDP by year

Botswana
Indonesia
1x
Year GDP, current $
Botswana Indonesia
2025 $19,928,479,839 $1,445,642,584,164
2024 $19,286,251,068 $1,396,301,788,462
2023 $19,413,614,555 $1,371,166,925,750
2022 $20,321,150,599 $1,319,101,183,380
2021 $18,750,182,236 $1,186,509,691,087
2020 $14,960,251,608 $1,059,054,842,698
2019 $16,725,908,149 $1,119,099,871,350
2018 $17,031,943,186 $1,042,271,532,989
2017 $16,105,155,857 $1,015,618,744,160
2016 $15,082,637,184 $931,877,364,038
2015 $13,530,748,845 $860,854,232,686
2014 $15,470,088,501 $890,814,755,534
2013 $14,271,738,933 $912,524,136,718
2012 $13,907,464,500 $917,869,913,333
2011 $15,110,643,612 $892,969,104,563
2010 $12,637,273,429 $755,094,157,622
2009 $10,118,459,242 $539,580,085,612
2008 $10,730,829,116 $510,228,634,992
2007 $10,567,270,656 $432,216,737,775
2006 $9,919,158,482 $364,570,515,618
2005 $9,918,907,108 $285,868,619,196
2004 $8,957,467,707 $256,836,875,295
2003 $7,511,582,173 $234,772,463,824
2002 $5,438,863,983 $195,660,611,165
2001 $5,489,608,300 $160,446,947,785
2000 $5,788,329,609 $165,021,012,078
1999 $5,484,263,347 $140,001,351,215
1998 $4,790,481,509 $95,445,547,873
1997 $5,020,265,627 $215,748,998,610
1996 $4,847,757,218 $227,369,679,375
1995 $4,730,599,122 $202,132,028,723
1994 $4,259,259,604 $176,892,143,932
1993 $4,160,129,175 $158,006,700,302
1992 $4,146,464,587 $128,026,966,580
1991 $3,942,876,703 $116,621,996,217
1990 $3,790,636,324 $106,140,727,334
1989 $3,083,822,112 $94,451,427,877
1988 $2,644,554,159 $84,300,174,486
1987 $1,965,226,890 $75,929,617,558
1986 $1,392,602,164 $79,954,072,545
1985 $1,114,783,343 $85,289,488,375
1984 $1,240,822,167 $84,853,700,028
1983 $1,172,230,397 $81,052,283,384
1982 $1,014,945,696 $90,158,449,295
1981 $1,073,812,830 $85,518,233,419
1980 $1,060,889,704 $72,482,337,397
1979 $819,870,259 $51,400,186,343
1978 $590,407,374 $51,455,719,076
1977 $451,624,780 $45,808,915,663
1976 $372,025,093 $37,269,156,627
1975 $355,168,572 $30,463,855,422
1974 $306,044,208 $25,802,409,639
1973 $244,124,164 $16,273,253,012
1972 $164,460,915 $10,997,590,361
1971 $127,448,614 $9,333,536,370
1970 $96,243,234 $9,150,684,932
1969 $77,361,547 $8,337,423,313
1968 $66,248,441 $7,076,465,300
1967 $58,642,354 $5,667,756,628
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Botswana vs Indonesia by year

Botswana
GDP per capita

GDP per capita, PPP
Indonesia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Botswana Indonesia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $7,778 - $5,060 -
2024 $7,650 $20,538 $4,925 $16,448
2023 $7,827 $21,012 $4,876 $15,416
2022 $8,329 $19,977 $4,731 $14,285
2021 $7,808 $17,961 $4,287 $12,757
2020 $6,323 $15,292 $3,854 $11,729
2019 $7,172 $15,960 $4,107 $11,986
2018 $7,408 $15,786 $3,861 $11,372
2017 $7,105 $15,701 $3,799 $10,688
2016 $6,749 $16,228 $3,521 $10,263
2015 $6,141 $14,144 $3,288 $10,028
2014 $7,122 $15,003 $3,441 $10,065
2013 $6,667 $13,621 $3,567 $9,866
2012 $6,596 $12,737 $3,632 $9,530
2011 $7,287 $13,635 $3,579 $8,937
2010 $6,216 $12,753 $3,066 $8,353
2009 $5,083 $11,686 $2,218 $7,868
2008 $5,503 $13,810 $2,125 $7,569
2007 $5,529 $13,389 $1,823 $7,096
2006 $5,292 $12,563 $1,558 $6,583
2005 $5,391 $11,458 $1,238 $6,134
2004 $4,957 $10,818 $1,127 $5,700
2003 $4,230 $10,439 $1,043 $5,353
2002 $3,117 $9,958 $881 $5,076
2001 $3,206 $9,420 $732 $4,849
2000 $3,451 $9,380 $764 $4,639
1999 $3,340 $9,188 $657 $4,386
1998 $2,981 $8,441 $455 $4,356
1997 $3,194 $8,497 $1,045 $5,037
1996 $3,156 $7,890 $1,119 $4,807
1995 $3,156 $7,503 $1,011 $4,451
1994 $2,917 $7,049 $900 $4,096
1993 $2,929 $6,847 $817 $3,793
1992 $3,005 $6,753 $674 $3,538
1991 $2,939 $6,598 $624 $3,305
1990 $2,903 $6,104 $578 $3,044
1989 $2,428 - $524 -
1988 $2,141 - $477 -
1987 $1,639 - $438 -
1986 $1,200 - $470 -
1985 $994 - $511 -
1984 $1,145 - $520 -
1983 $1,121 - $508 -
1982 $1,006 - $578 -
1981 $1,107 - $561 -
1980 $1,132 - $487 -
1979 $909 - $353 -
1978 $695 - $362 -
1977 $565 - $331 -
1976 $490 - $275.7 -
1975 $493 - $231.1 -
1974 $446 - $200.7 -
1973 $374 - $129.9 -
1972 $264.2 - $90.1 -
1971 $212.2 - $78.5 -
1970 $163 - $79.1 -
1969 $131.8 - $74.1 -
1968 $113.4 - $64.7 -
1967 $100.9 - $53.2 -
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 (1960–2025, retrieved 2026-07-08).

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

Botswana's GDP per capita is $7,778, ranking 100/197, compared to $5,060 in Indonesia, ranking 123/197. Adjusted for purchasing power (GDP per capita PPP), Botswana ranks 95th at $20,538, while Indonesia ranks 107th at $16,448.

Economic indicators

Botswana Indonesia
Gross domestic product
$19.9B
2025
$1.45T
2025
GDP rank
135/197
2025
17/197
2025
GDP growth
-0.73%
2024-2025
5.11%
2024-2025
GDP per capita
$7,778
2025
$5,060
2025
GDP per capita rank
100/197
2025
123/197
2025
GDP per capita, PPP
$20,538
2024
$16,448
2024
GDP per capita PPP rank
95/197
2024
107/197
2024
Government debt
$7.7B
2025
$593B
2025
Debt-to-GDP ratio
38.6%
2025
41%
2025
Government debt per person
$3,005
2025
$2,076
2025
Government debt per person rank
106/185
2025
119/185
2025
Average annual personal income after taxes
$5,441
2026
$3,470
2026
Market capitalization of domestic companies
$4.28B
2025
$950B
2025
Number of millionaires n/a
178,605
2024
Number of billionaires n/a
33
2026
Income share by richest 10%
42.9%
2015
28.7%
2025
Income share by poorest 10%
1.4%
2015
3.5%
2025
Government expenditure, % of GDP
35%
2025
16.2%
2025
Consumer prices inflation
2.66%
2024-2025
1.91%
2024-2025
Central bank interest rate
5.5%
2026
5.5%
2026
Unemployment rate
24.4%
2024
3.31%
2023
Population
2624853
289027659

Spending and national debt comparison by year

Botswana
Spending

Debt
Indonesia
Spending

Debt
1x
Year % of GDP
Botswana Indonesia
Government spending Government debt Government spending Government debt
2025 35% 38.6% 16.2% 41%
2024 33.7% 33.2% 16.9% 40.2%
2023 32.4% 22.5% 16.6% 39.6%
2022 29.1% 21% 17.3% 40.1%
2021 31.4% 22.3% 18.1% 41.1%
2020 36.5% 23.5% 18.4% 39.7%
2019 36.9% 21.5% 16.4% 30.6%
2018 35.6% 19.6% 16.6% 30.4%
2017 34.7% 19.6% 16.4% 29.4%
2016 34.1% 22.3% 16.9% 28%
2015 37.8% 24.5% 17.6% 27%
2014 36.5% 23.9% 18.4% 24.6%
2013 33.5% 23.8% 18.8% 24.9%
2012 37.1% 26.4% 18.8% 23%
2011 37.2% 27.9% 17.7% 23.1%
2010 42.6% 26.5% 16.9% 26.4%
2009 52.1% 22.4% 17% 26.5%
2008 48.1% 7.79% 19.4% 30.3%
2007 37.1% 5.93% 18.7% 38.1%
2006 33.1% 6.14% 18.4% 35.8%
2005 33.8% 7.46% 17.4% 42.6%
2004 39.8% 10.7% 17.8% 51.3%
2003 42.7% 7.08% 18.2% 55.6%
2002 45.1% 8.37% 16.9% 62.3%
2001 42.1% 7.48% 19.5% 73.7%
2000 38.8% 8.16% 15.3% 87.4%
1999 40.1% 9.31% 15.1% 95.9%
1998 41.8% 11.3% 15.1% 72.5%
1997 39% - 15.2% 26.4%
1996 36.1% - 11.5% 27.5%
1995 36.1% - 11.9% 32%
1994 37.6% - 13.5% 37%
1993 42% - 14.1% 40.4%
1992 42.3% - 16.8% 42.6%
1991 41.1% - 15% 39.2%
1990 38.9% - 15.8% 40.8%
1989 - - 16.5% 42.5%
1988 - - 17.3% 45.6%
1987 - - 18% 49.7%
1986 - - 20.9% 38.3%
1985 - - 18.5% 28%
1984 - - 16.1% 23.5%
1983 - - 18.2% 23.1%
1982 - - 18.8% 18.6%
1981 - - 24.4% 16.4%
1980 - - 22.1% 17.3%
1979 - - 20.9% 22%
1978 - - 20.1% 30.3%
1977 - - 19.5% 27.7%
1976 - - 21.8% 38.1%
1975 - - 20.5% 36.7%
1974 - - 17.3% 34.4%
1973 - - 16.3% 43.1%
1972 - - 15.7% 51.2%
1971 - - 14.5% 50.5%
1970 - - 13.8% 46.7%
1969 - - 12.8% -
1968 - - 8.82% -
1967 - - 10.4% -
1966 - - 9.18% -
1965 - - 10.7% -
1964 - - 9.55% -
1963 - - 10.3% -
1962 - - 7.89% -
1961 - - 15.1% -
1960 - - 14.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Botswana's government spending was $6.98B, accounting for 35% of its GDP, while Indonesia spent $234B, or 16.2% of GDP.

Debt-to-GDP ratio is 38.6% in Botswana and 41% in Indonesia, ranking 137/185 and 130/185, respectively.

Government deficit by year

Deficit/surplus
Botswana

Indonesia
1x
Year Deficit/surplus, % of GDP
Botswana Indonesia
2025 -7.42% -2.92%
2024 -7.26% -2.28%
2023 -4.16% -1.64%
2022 0.04% -2.31%
2021 -2.33% -4.4%
2020 -10.9% -6.07%
2019 -8.53% -2.09%
2018 -5.03% -1.69%
2017 -1.14% -2.26%
2016 0.71% -2.56%
2015 -4.82% -2.72%
2014 3.9% -1.8%
2013 5.84% -1.96%
2012 0.89% -1.59%
2011 -0.12% -0.7%
2010 -7.95% -1.24%
2009 -13.8% -1.64%
2008 -7.61% 0.05%
2007 5.73% -0.95%
2006 13.3% 0.45%
2005 10.3% 0.46%
2004 1.35% -0.26%
2003 -0.18% -1.08%
2002 -3.94% -0.58%
2001 -2.91% -1.76%
2000 8.73% -1.87%
1999 5.95% -0.96%
1998 - -1.89%
1997 - -1.03%
1996 - 0.96%
1995 - 0.64%
1994 - 0.005%
1993 - -0.59%
1992 - -1.54%
1991 - 0.51%
1990 - 0.97%
1989 - -1.72%
1988 - -2.68%
1987 - -0.9%
1986 - -2.94%
1985 - -0.45%
1984 - 1.83%
1983 - -1%
1982 - -1.11%
1981 - -0.69%
1980 - -0.82%
1979 - -0.67%
1978 - -2.03%
1977 - -0.38%
1976 - -2.63%
1975 - -2.33%
1974 - -0.35%
1973 - -1.33%
1972 - -1.82%
1971 - -2.51%
1970 - -3.02%
1969 - -2.8%
1968 - 0%
1967 - -0.35%
1966 - -5.06%
1965 - -6.62%
1964 - -5.58%
1963 - -5.24%
1962 - -3.1%
1961 - -4.57%
1960 - -1.65%
1959 - -4.06%
1958 - -6.67%
1957 - -2.92%
1956 - -1.38%
1955 - -1.6%
1954 - -3.16%
1953 - -2.33%
1952 - -3.66%
1951 - 1.52%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1951–1992, retrieved 2026-07-08).

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

In 2025, Botswana's government deficit, the difference between spending and revenue, was $1.48B, equivalent to 7.42% of GDP. This compares to Indonesia's deficit of $42.2B, or 2.92% of GDP.

Over the past 27 years, Botswana recorded a fiscal deficit in 16 of those years, while Indonesia ran a deficit in 24 years. On average, Botswana posted an annual deficit equal to 1.16% of GDP, compared to deficit of 1.72% of GDP for Indonesia.

Inflation comparison by year

Inflation
Botswana

Indonesia
1x
Year Consumer prices inflation
Botswana Indonesia
2025 2.66% 1.91%
2024 2.82% 2.18%
2023 5.07% 3.67%
2022 11.7% 4.21%
2021 7.24% 1.56%
2020 1.89% 1.92%
2019 2.77% 3.03%
2018 3.24% 3.2%
2017 3.31% 3.81%
2016 2.81% 3.53%
2015 3.06% 6.36%
2014 4.4% 6.39%
2013 5.88% 6.41%
2012 7.54% 4.28%
2011 8.46% 5.36%
2010 6.95% 5.13%
2009 8.03% 4.39%
2008 12.7% 10.2%
2007 7.08% 6.41%
2006 11.6% 13.1%
2005 8.61% 10.5%
2004 6.95% 6.06%
2003 9.19% 6.76%
2002 8.03% 11.9%
2001 6.56% 11.5%
2000 8.6% 3.69%
1999 7.75% 20.5%
1998 6.66% 58.5%
1997 8.72% 6.23%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Botswana has recorded an average annual inflation rate of 6.56%, compared with 8.02% in Indonesia. In 2025, inflation was 2.66% in Botswana and 1.91% in Indonesia.

Top exports between countries

Botswana
Export category Export value
Chemicals & pharma $171K
Precious metals & jewellery $1K
Indonesia
Export category Export value
Machinery & equipment $395K
Wood & paper products $100K
Textiles & consumer goods $76K
Chemicals & pharma $71K
Processed food, beverages & tobacco $19K
Animal & marine products $2K
Metals $2K
Miscellaneous $1K

Balance of trade

Botswana Indonesia
Current account balance
-$821M
2024
-$1.52B
2025
Current account balance ranking
113/190
2024
129/190
2025
Current account balance, % of GDP
-4.26%
2024
-0.11%
2025
Goods imports
$6.86B
2024
$231B
2025
Goods exports
$4.66B
2024
$280B
2025
Service imports
$1.29B
2024
$63B
2025
Service exports
$935M
2024
$42.5B
2025
Imports of goods and services, % of GDP
37.5%
2025
20.5%
2025
Exports of goods and services, % of GDP
32%
2025
22.8%
2025

Economic freedom indices

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

Botswana Indonesia
Economic freedom 67.7 65.1
Economic freedom ranking 53/197 67/197
Property rights 71.7 39.7
Government integrity 59.6 42
Judicial effectiveness 70.2 43.1
Tax burden 87.1 81.5
Government spending 69.8 91.4
Fiscal health 72.4 89.8
Business freedom 61.5 69.2
Labor freedom 60.7 56.8
Monetary freedom 72 79.4
Trade freedom 77 78.6
Investment freedom 50 50
Financial freedom 60 60

Economic freedom comparison by year

Botswana
Indonesia
1x
Year Economic freedom index
Botswana Indonesia
2026 67.7 65.1
2025 69.9 65.2
2024 68 63.5
2023 64.9 63.5
2022 64.8 64.4
2021 67.6 66.9
2020 69.6 67.2
2019 69.5 65.8
2018 69.9 64.2
2017 70.1 61.9
2016 71.1 59.4
2015 69.8 58.1
2014 72 58.5
2013 70.6 56.9
2012 69.6 56.4
2011 68.8 56
2010 70.3 55.5
2009 69.7 53.4
2008 68.2 53.2
2007 68.1 53.2
2006 68.8 51.9
2005 69.3 52.9
2004 69.9 52.1
2003 68.6 55.8
2002 66.2 54.8
2001 66.8 52.5
2000 65.8 55.2
1999 62.9 61.5
1998 62.8 63.4
1997 59.1 62
1996 61.6 61
1995 56.8 54.9

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Botswana is 67.7, ranking 53/197, compared to 65.1 for Indonesia, ranking 67/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Botswana Indonesia
Services, % of GDP
64.6%
2025
43.9%
2025
Industry, % of GDP
27.9%
2025
38.7%
2025
Agriculture, forestry, and fishing, % of GDP
1.78%
2025
13.1%
2025
GNI, Atlas method
$18.9B
2025
$1.46T
2025
GNI per capita, PPP
$19,960
2025
$17,190
2025
Total reserves including gold
$3.46B
2024
$157B
2025
Total reserves ranking
117/177
2024
22/177
2025
Net foreign direct investment
-$464M
2024
-$14.4B
2025
Net inflows of foreign direct investment
$467M
2024
$24.3B
2024
Net outflows of foreign direct investment
$3.02M
2024
$8.39B
2024
Servicing debt to the IMF, % of GNI
1.45%
2024
5.64%
2024
Poverty at national poverty lines
16.1%
2015
9%
2024
Gross capital formation, % of GDP
29.2%
2025
30.6%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1951–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2021–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.