Skip to content

Economy of Botswana vs Ivory Coast compared: GDP & Debt

Updated on by Georank team

Botswana has a GDP of $19.4B compared to $87.1B for Ivory Coast, ranking 133/197 and 77/197 by economy size, respectively.

Botswana has $5.82B in government debt (30% of GDP), compared to $51.6B (59.3% of GDP) in Ivory Coast.

Botswana vs Ivory Coast GDP by year

Botswana
Ivory Coast
1x
Year GDP, current $
Botswana Ivory Coast
2024 $19,402,063,513 $87,113,179,149
2023 $19,411,266,967 $80,780,312,569
2022 $20,321,150,599 $70,922,824,814
2021 $18,750,182,236 $72,794,636,654
2020 $14,960,251,608 $63,027,852,805
2019 $16,725,908,149 $60,382,894,697
2018 $17,031,943,186 $58,522,477,787
2017 $16,105,155,857 $52,512,343,997
2016 $15,082,637,184 $48,407,761,037
2015 $13,530,748,845 $45,815,005,169
2014 $15,470,088,501 $48,843,005,614
2013 $14,271,738,933 $42,760,235,485
2012 $13,907,464,500 $36,302,302,877
2011 $15,110,643,612 $36,693,710,801
2010 $12,637,273,429 $34,936,307,980
2009 $10,118,459,242 $33,886,813,250
2008 $10,730,829,116 $34,078,240,293
2007 $10,567,270,656 $28,760,090,953
2006 $9,919,158,482 $25,281,413,263
2005 $9,918,907,108 $24,036,918,703
2004 $8,957,467,707 $23,510,575,681
2003 $7,511,582,173 $21,251,754,340
2002 $5,438,863,983 $18,054,383,321
2001 $5,489,608,300 $16,810,537,044
2000 $5,788,329,609 $16,577,533,892
1999 $5,484,263,347 $18,870,992,456
1998 $4,790,481,509 $19,619,654,756
1997 $5,020,265,627 $18,047,558,038
1996 $4,847,757,218 $18,071,152,831
1995 $4,730,599,122 $11,000,146,267
1994 $4,259,259,604 $8,313,557,510
1993 $4,160,129,175 $11,045,760,288
1992 $4,146,464,587 $11,152,971,274
1991 $3,942,876,703 $10,492,628,581
1990 $3,790,636,324 $10,795,850,583
1989 $3,083,822,112 $9,757,410,645
1988 $2,644,554,159 $10,255,169,806
1987 $1,965,226,890 $10,087,654,465
1986 $1,392,602,164 $9,158,302,100
1985 $1,114,783,343 $6,977,650,644
1984 $1,240,822,167 $6,841,639,247
1983 $1,172,230,397 $6,838,184,773
1982 $1,014,945,696 $7,567,110,849
1981 $1,073,812,830 $8,432,589,942
1980 $1,060,889,704 $10,175,617,609
1979 $819,870,259 $9,142,933,967
1978 $590,407,374 $7,900,526,298
1977 $451,624,780 $6,265,068,189
1976 $372,025,093 $4,662,053,825
1975 $355,168,572 $3,893,839,190
1974 $306,044,208 $3,070,152,309
1973 $244,124,164 $2,508,421,426
1972 $164,460,915 $1,849,400,402
1971 $127,448,614 $1,584,128,509
1970 $96,243,234 $1,455,482,795
1969 $77,361,547 $1,361,360,293
1968 $66,248,441 $1,281,281,277
1967 $58,642,354 $1,082,922,725
1966 $51,465,655 $1,024,102,880
1965 $45,788,696 $919,771,229
1964 $41,616,348 $921,063,327
1963 $38,091,843 $761,047,198
1962 $35,644,957 $645,284,474
1961 $32,902,613 $618,245,634
1960 $30,411,414 $546,203,559

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

GeoRank.org/economy/botswana/ivory-coast | CC BY

GDP per capita in Botswana vs Ivory Coast by year

Botswana
GDP per capita

GDP per capita, PPP
Ivory Coast
GDP per capita

GDP per capita, PPP
1x
Year Current $
Botswana Ivory Coast
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,696 $20,538 $2,728 $7,669
2023 $7,826 $21,012 $2,592 $7,237
2022 $8,329 $19,977 $2,333 $6,719
2021 $7,808 $17,961 $2,456 $6,045
2020 $6,323 $15,292 $2,180 $5,544
2019 $7,172 $15,960 $2,142 $5,516
2018 $7,408 $15,786 $2,131 $4,946
2017 $7,105 $15,701 $1,964 $4,690
2016 $6,749 $16,228 $1,863 $4,531
2015 $6,141 $14,144 $1,815 $4,404
2014 $7,122 $15,003 $1,991 $4,074
2013 $6,667 $13,621 $1,786 $3,619
2012 $6,596 $12,737 $1,547 $3,291
2011 $7,287 $13,635 $1,597 $3,176
2010 $6,216 $12,753 $1,554 $3,361
2009 $5,083 $11,686 $1,540 $3,177
2008 $5,503 $13,810 $1,584 $3,116
2007 $5,529 $13,389 $1,368 $2,985
2006 $5,292 $12,563 $1,230 $2,942
2005 $5,391 $11,458 $1,198 $2,842
2004 $4,957 $10,818 $1,200 $2,794
2003 $4,230 $10,439 $1,111 $2,702
2002 $3,117 $9,958 $968 $2,851
2001 $3,206 $9,420 $925 $2,962
2000 $3,451 $9,380 $937 $3,041
1999 $3,340 $9,188 $1,096 $3,065
1998 $2,981 $8,441 $1,177 $3,086
1997 $3,194 $8,497 $1,125 $3,040
1996 $3,156 $7,890 $1,170 $2,832
1995 $3,156 $7,503 $740 $2,683
1994 $2,917 $7,049 $582 $2,551
1993 $2,929 $6,847 $804 $2,577
1992 $3,005 $6,753 $845 $2,625
1991 $2,939 $6,598 $827 $2,677
1990 $2,903 $6,104 $886 $2,693
1989 $2,428 - $833 -
1988 $2,141 - $910 -
1987 $1,639 - $930 -
1986 $1,200 - $877 -
1985 $994 - $695 -
1984 $1,145 - $709 -
1983 $1,121 - $737 -
1982 $1,006 - $849 -
1981 $1,107 - $986 -
1980 $1,132 - $1,238 -
1979 $909 - $1,157 -
1978 $695 - $1,039 -
1977 $565 - $856 -
1976 $490 - $661 -
1975 $493 - $575 -
1974 $446 - $474 -
1973 $374 - $406 -
1972 $264.2 - $313 -
1971 $212.2 - $280.3 -
1970 $163 - $269 -
1969 $131.8 - $262.2 -
1968 $113.4 - $256.8 -
1967 $100.9 - $225.6 -
1966 $89.1 - $221.8 -
1965 $79.7 - $207 -
1964 $73.5 - $215.5 -
1963 $68.9 - $185.1 -
1962 $66 - $163.1 -
1961 $62.3 - $162.3 -
1960 $58.9 - $148.7 -

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

GeoRank.org/economy/botswana/ivory-coast | CC BY

Botswana's GDP per capita is $7,696, ranking 97/197, compared to $2,728 in Ivory Coast, ranking 142/197. Adjusted for purchasing power (GDP per capita PPP), Botswana ranks 95th at $20,538, while Ivory Coast ranks 145th at $7,669.

Economic indicators

Botswana Ivory Coast
Gross domestic product
$19.4B
2024
$87.1B
2024
GDP rank
133/197
2024
77/197
2024
GDP growth
-2.99%
2023-2024
6.02%
2023-2024
GDP per capita
$7,696
2024
$2,728
2024
GDP per capita rank
97/197
2024
142/197
2024
GDP per capita, PPP
$20,538
2024
$7,669
2024
GDP per capita PPP rank
95/197
2024
145/197
2024
Government debt
$5.82B
2024
$51.6B
2024
Debt-to-GDP ratio
30%
2024
59.3%
2024
Government debt per person
$2,310
2024
$1,616
2024
Government debt per person rank
114/185
2024
125/185
2024
Average annual personal income after taxes
$5,271
2026
$2,733
2026
Market capitalization of domestic companies
$3.59B
2023
$7.33B
2020
Income share by richest 10%
42.9%
2015
27.8%
2021
Income share by poorest 10%
1.4%
2015
3.1%
2021
Government expenditure, % of GDP
33.8%
2024
20.4%
2024
Consumer prices inflation
2.82%
2023-2024
3.45%
2023-2024
Central bank interest rate
1.9%
2024
n/a
Unemployment rate
24.4%
2024
2.31%
2022
Population
2615162
33722528

Spending and national debt comparison by year

Botswana
Spending

Debt
Ivory Coast
Spending

Debt
1x
Year % of GDP
Botswana Ivory Coast
Government spending Government debt Government spending Government debt
2024 33.8% 30% 20.4% 59.3%
2023 32.4% 22.5% 21.3% 57.5%
2022 29.5% 21.3% 21.9% 56%
2021 33% 23.4% 20.5% 50.2%
2020 38.5% 24.8% 20.4% 46.3%
2019 36.4% 21.3% 17.2% 37.2%
2018 35.9% 19.8% 17.6% 35.3%
2017 35% 19.8% 18.1% 32.6%
2016 34.2% 22.4% 17.6% 31.1%
2015 39.7% 25.7% 16.5% 29.2%
2014 36.4% 23.9% 15.2% 26.7%
2013 34.8% 24.7% 15.9% 24.6%
2012 38.3% 27.3% 16.1% 24.7%
2011 37.4% 28.1% 13.2% 50%
2010 44.7% 27.9% 14.5% 45.6%
2009 54.5% 23.5% 14.4% 46.5%
2008 48% 7.77% 14.6% 51.2%
2007 38.3% 6.12% 14.8% 53.5%
2006 34.1% 6.32% 14.5% 57.5%
2005 35% 7.74% 13.6% 58.2%
2004 42% 11.3% 13.5% 56.7%
2003 44% 7.29% 12.7% 56.4%
2002 46% 8.55% 13.1% 63%
2001 42.9% 7.61% 11.4% 71.2%
2000 39.8% 8.37% 12.9% 74%
1999 41.7% 9.68% 13.7% 78%
1998 44.3% 12% 14.6% 75.2%
1997 40% - 15.2% 84.2%
1996 37.2% - - -
1995 38.1% - - -
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/ivory-coast | CC BY

In 2024, Botswana's government spending was $6.55B, accounting for 33.8% of its GDP, while Ivory Coast spent $17.7B, or 20.4% of GDP.

Debt-to-GDP ratio is 30% in Botswana and 59.3% in Ivory Coast, ranking 158/185 and 82/185, respectively.

Government deficit by year

Deficit/surplus
Botswana

Ivory Coast
1x
Year Deficit/surplus, % of GDP
Botswana Ivory Coast
2024 -7.82% -3.97%
2023 -4.25% -5.19%
2022 -0.006% -6.74%
2021 -2.46% -4.86%
2020 -11.5% -5.42%
2019 -8.43% -2.22%
2018 -5.07% -2.9%
2017 -1.16% -3.27%
2016 0.72% -2.98%
2015 -5.06% -2.04%
2014 3.88% -1.57%
2013 6.07% -1.62%
2012 0.92% -2.28%
2011 -0.12% -2.89%
2010 -8.36% -1.34%
2009 -14.4% -1%
2008 -7.59% -0.21%
2007 5.92% -0.39%
2006 13.7% -1.03%
2005 10.7% -1.03%
2004 1.42% -1.04%
2003 -0.18% -1.26%
2002 -4.02% -0.64%
2001 -2.96% 0.7%
2000 8.95% -0.83%
1999 6.18% -1.27%
1998 - -0.7%
1997 - -0.75%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/botswana/ivory-coast | 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 Ivory Coast's deficit of $3.45B, or 3.97% of GDP.

Over the past 26 years, Botswana recorded a fiscal deficit in 16 of those years, while Ivory Coast ran a deficit in 25 years. On average, Botswana posted an annual deficit equal to 0.96% of GDP, compared to deficit of 2.2% of GDP for Ivory Coast.

Inflation comparison by year

Inflation
Botswana

Ivory Coast
1x
Year Consumer prices inflation
Botswana Ivory Coast
2024 2.82% 3.45%
2023 5.07% 4.37%
2022 11.7% 5.23%
2021 7.24% 4.16%
2020 1.89% 2.41%
2019 2.77% 0.79%
2018 3.24% 0.4%
2017 3.31% 0.69%
2016 2.81% 0.72%
2015 3.06% 1.25%
2014 4.4% 0.45%
2013 5.88% 2.58%
2012 7.54% 1.3%
2011 8.46% 4.91%
2010 6.95% 1.23%
2009 8.03% 1.02%
2008 12.7% 6.31%
2007 7.08% 1.89%
2006 11.6% 2.47%
2005 8.61% 3.89%
2004 6.95% 1.46%
2003 9.19% 3.3%
2002 8.03% 3.08%
2001 6.56% 4.36%
2000 8.6% 2.53%
1999 7.75% 0.7%
1998 6.66% 4.61%
1997 8.72% 4.02%

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

GeoRank.org/economy/botswana/ivory-coast | CC BY

Over the past 28 years, Botswana has recorded an average annual inflation rate of 6.7%, compared with 2.63% in Ivory Coast. In 2024, inflation was 2.82% in Botswana and 3.45% in Ivory Coast.

Top exports between countries

Botswana
Export category Export value
Textiles & consumer goods $14K
Machinery & equipment $9K
Raw agricultural goods $1K
Ivory Coast
Export category Export value
Textiles & consumer goods $10K
Machinery & equipment $4K
Chemicals & pharma $1K
Raw materials & minerals $1K

Balance of trade

Botswana Ivory Coast
Current account balance
-$821M
2024
-$9.21B
2023
Current account balance ranking
118/190
2024
175/190
2023
Current account balance, % of GDP
-4.23%
2024
-11.4%
2023
Goods imports
$6.86B
2024
$15.4B
2023
Goods exports
$4.66B
2024
$17.1B
2023
Service imports
$1.29B
2024
$8.78B
2023
Service exports
$935M
2024
$1.5B
2023
Imports of goods and services, % of GDP
43.7%
2024
25.2%
2024
Exports of goods and services, % of GDP
27.4%
2024
26%
2024

Economic freedom indices

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

Botswana Ivory Coast
Economic freedom 67.7 58.1
Economic freedom ranking 53/197 111/197
Property rights 71.7 43.9
Government integrity 59.6 39.3
Judicial effectiveness 70.2 30.2
Tax burden 87.1 81.6
Government spending 69.8 86.6
Fiscal health 72.4 48
Business freedom 61.5 68.3
Labor freedom 60.7 57.1
Monetary freedom 72 67.6
Trade freedom 77 74.4
Investment freedom 50 50
Financial freedom 60 50

Economic freedom comparison by year

Botswana
Ivory Coast
1x
Year Economic freedom index
Botswana Ivory Coast
2026 67.7 58.1
2025 69.9 57.8
2024 68 58.4
2023 64.9 60.4
2022 64.8 61.6
2021 67.6 61.7
2020 69.6 59.7
2019 69.5 62.4
2018 69.9 62
2017 70.1 63
2016 71.1 60
2015 69.8 58.5
2014 72 57.7
2013 70.6 54.1
2012 69.6 54.3
2011 68.8 55.4
2010 70.3 54.1
2009 69.7 55
2008 68.2 53.9
2007 68.1 54.9
2006 68.8 56.2
2005 69.3 56.6
2004 69.9 57.8
2003 68.6 56.7
2002 66.2 57.3
2001 66.8 54.8
2000 65.8 50.2
1999 62.9 51.7
1998 62.8 51.3
1997 59.1 50.5
1996 61.6 49.9
1995 56.8 53.4

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

GeoRank.org/economy/botswana/ivory-coast | CC BY

The Economic Freedom Index for Botswana is 67.7, ranking 53/197, compared to 58.1 for Ivory Coast, ranking 111/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Botswana Ivory Coast
Services, % of GDP
63.5%
2024
51.9%
2024
Industry, % of GDP
29.4%
2024
24%
2024
Agriculture, forestry, and fishing, % of GDP
1.71%
2024
15.9%
2024
GNI, Atlas method
$19.5B
2024
$80.9B
2024
GNI per capita, PPP
$20,570
2024
$7,360
2024
Total reserves including gold
$3.46B
2024
n/a
Total reserves ranking
113/177
2024
n/a
Net foreign direct investment
-$464M
2024
-$2B
2023
Net inflows of foreign direct investment
$467M
2024
$3.12B
2024
Net outflows of foreign direct investment
$3.02M
2024
$228M
2024
Servicing debt to the IMF, % of GNI
1.42%
2024
6.44%
2024
Poverty at national poverty lines
16.1%
2015
37.5%
2021
Gross capital formation, % of GDP
36%
2024
20.9%
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/ivory-coast | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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 (2022–2024, 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.