Skip to content

Economy of Botswana vs Kenya compared: GDP & Debt

Updated on by Georank team

Botswana has a GDP of $19.4B compared to $120B for Kenya, ranking 133/197 and 64/197 by economy size, respectively.

Botswana has $5.82B in government debt (30% of GDP), compared to $81B (67.3% of GDP) in Kenya.

Botswana vs Kenya GDP by year

Botswana
Kenya
1x
Year GDP, current $
Botswana Kenya
2024 $19,402,063,513 $120,339,557,906
2023 $19,411,266,967 $107,500,884,685
2022 $20,321,150,599 $114,448,978,153
2021 $18,750,182,236 $109,703,658,905
2020 $14,960,251,608 $100,657,505,751
2019 $16,725,908,149 $100,378,436,207
2018 $17,031,943,186 $92,202,979,985
2017 $16,105,155,857 $82,036,510,877
2016 $15,082,637,184 $74,815,144,164
2015 $13,530,748,845 $70,120,446,897
2014 $15,470,088,501 $68,285,796,514
2013 $14,271,738,933 $61,671,440,408
2012 $13,907,464,500 $56,396,704,672
2011 $15,110,643,612 $46,869,473,151
2010 $12,637,273,429 $45,405,615,064
2009 $10,118,459,242 $42,347,217,913
2008 $10,730,829,116 $35,895,153,328
2007 $10,567,270,656 $31,958,195,182
2006 $9,919,158,482 $25,825,512,284
2005 $9,918,907,108 $18,737,895,513
2004 $8,957,467,707 $16,095,337,094
2003 $7,511,582,173 $14,904,517,650
2002 $5,438,863,983 $13,147,736,899
2001 $5,489,608,300 $12,986,007,426
2000 $5,788,329,609 $12,705,350,098
1999 $5,484,263,347 $12,896,010,459
1998 $4,790,481,509 $14,093,998,844
1997 $5,020,265,627 $13,115,764,358
1996 $4,847,757,218 $12,045,865,396
1995 $4,730,599,122 $9,046,320,255
1994 $4,259,259,604 $7,148,148,564
1993 $4,160,129,175 $5,751,786,643
1992 $4,146,464,587 $8,209,120,763
1991 $3,942,876,703 $8,151,488,783
1990 $3,790,636,324 $8,572,359,038
1989 $3,083,822,112 $8,283,114,514
1988 $2,644,554,159 $8,355,380,879
1987 $1,965,226,890 $7,970,820,369
1986 $1,392,602,164 $7,239,126,568
1985 $1,114,783,343 $6,135,034,214
1984 $1,240,822,167 $6,191,437,070
1983 $1,172,230,397 $5,979,198,314
1982 $1,014,945,696 $6,431,579,357
1981 $1,073,812,830 $6,854,491,706
1980 $1,060,889,704 $7,265,315,820
1979 $819,870,259 $6,234,391,113
1978 $590,407,374 $5,303,735,111
1977 $451,624,780 $4,494,378,764
1976 $372,025,093 $3,474,542,392
1975 $355,168,572 $3,259,345,083
1974 $306,044,208 $2,969,958,812
1973 $244,124,164 $2,509,001,324
1972 $164,460,915 $2,107,279,157
1971 $127,448,614 $1,778,391,289
1970 $96,243,234 $1,603,447,359
1969 $77,361,547 $1,458,379,417
1968 $66,248,441 $1,353,295,459
1967 $58,642,354 $1,232,559,507
1966 $51,465,655 $1,164,519,674
1965 $45,788,696 $997,919,321
1964 $41,616,348 $998,759,334
1963 $38,091,843 $926,589,349
1962 $35,644,957 $868,111,401
1961 $32,902,613 $792,959,473
1960 $30,411,414 $791,265,459

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

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

GDP per capita in Botswana vs Kenya by year

Botswana
GDP per capita

GDP per capita, PPP
Kenya
GDP per capita

GDP per capita, PPP
1x
Year Current $
Botswana Kenya
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,696 $20,538 $2,132 $6,644
2023 $7,826 $21,012 $1,943 $6,317
2022 $8,329 $19,977 $2,110 $5,883
2021 $7,808 $17,961 $2,061 $5,339
2020 $6,323 $15,292 $1,928 $4,793
2019 $7,172 $15,960 $1,960 $4,687
2018 $7,408 $15,786 $1,836 $4,412
2017 $7,105 $15,701 $1,667 $4,177
2016 $6,749 $16,228 $1,554 $3,917
2015 $6,141 $14,144 $1,489 $3,678
2014 $7,122 $15,003 $1,483 $3,359
2013 $6,667 $13,621 $1,371 $3,106
2012 $6,596 $12,737 $1,285 $2,847
2011 $7,287 $13,635 $1,096 $2,750
2010 $6,216 $12,753 $1,092 $2,635
2009 $5,083 $11,686 $1,048 $2,480
2008 $5,503 $13,810 $916 $2,459
2007 $5,529 $13,389 $840 $2,481
2006 $5,292 $12,563 $700 $2,330
2005 $5,391 $11,458 $523 $2,189
2004 $4,957 $10,818 $464 $2,066
2003 $4,230 $10,439 $443 $1,975
2002 $3,117 $9,958 $403 $1,940
2001 $3,206 $9,420 $411 $1,961
2000 $3,451 $9,380 $415 $1,907
1999 $3,340 $9,188 $434 $1,910
1998 $2,981 $8,441 $488 $1,895
1997 $3,194 $8,497 $467 $1,865
1996 $3,156 $7,890 $441 $1,875
1995 $3,156 $7,503 $340 $1,818
1994 $2,917 $7,049 $276.4 $1,754
1993 $2,929 $6,847 $229 $1,723
1992 $3,005 $6,753 $337 $1,728
1991 $2,939 $6,598 $345 $1,756
1990 $2,903 $6,104 $374 $1,729
1989 $2,428 - $374 -
1988 $2,141 - $391 -
1987 $1,639 - $387 -
1986 $1,200 - $364 -
1985 $994 - $320 -
1984 $1,145 - $334 -
1983 $1,121 - $335 -
1982 $1,006 - $374 -
1981 $1,107 - $413 -
1980 $1,132 - $454 -
1979 $909 - $403 -
1978 $695 - $355 -
1977 $565 - $311 -
1976 $490 - $248.9 -
1975 $493 - $241.2 -
1974 $446 - $227.2 -
1973 $374 - $198.6 -
1972 $264.2 - $172.6 -
1971 $212.2 - $150.9 -
1970 $163 - $141 -
1969 $131.8 - $133.3 -
1968 $113.4 - $128.7 -
1967 $100.9 - $121.9 -
1966 $89.1 - $119.8 -
1965 $79.7 - $106.9 -
1964 $73.5 - $111.3 -
1963 $68.9 - $107.4 -
1962 $66 - $104.6 -
1961 $62.3 - $99.3 -
1960 $58.9 - $102.8 -

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

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

Botswana's GDP per capita is $7,696, ranking 97/197, compared to $2,132 in Kenya, ranking 154/197. Adjusted for purchasing power (GDP per capita PPP), Botswana ranks 95th at $20,538, while Kenya ranks 149th at $6,644.

Economic indicators

Botswana Kenya
Gross domestic product
$19.4B
2024
$120B
2024
GDP rank
133/197
2024
64/197
2024
GDP growth
-2.99%
2023-2024
4.72%
2023-2024
GDP per capita
$7,696
2024
$2,132
2024
GDP per capita rank
97/197
2024
154/197
2024
GDP per capita, PPP
$20,538
2024
$6,644
2024
GDP per capita PPP rank
95/197
2024
149/197
2024
Government debt
$5.82B
2024
$81B
2024
Debt-to-GDP ratio
30%
2024
67.3%
2024
Government debt per person
$2,310
2024
$1,436
2024
Government debt per person rank
114/185
2024
133/185
2024
Average annual personal income after taxes
$5,271
2026
$3,229
2026
Market capitalization of domestic companies
$3.59B
2023
$15B
2024
Income share by richest 10%
42.9%
2015
30.1%
2022
Income share by poorest 10%
1.4%
2015
2.9%
2022
Government expenditure, % of GDP
33.8%
2024
23.3%
2024
Consumer prices inflation
2.82%
2023-2024
4.49%
2023-2024
Central bank interest rate
1.9%
2024
9.25%
2025
Unemployment rate
24.4%
2024
5.44%
2022
Population
2615162
58955623

Spending and national debt comparison by year

Botswana
Spending

Debt
Kenya
Spending

Debt
1x
Year % of GDP
Botswana Kenya
Government spending Government debt Government spending Government debt
2024 33.8% 30% 23.3% 67.3%
2023 32.4% 22.5% 22.7% 73.4%
2022 29.5% 21.3% 23.2% 67.8%
2021 33% 23.4% 24% 68.2%
2020 38.5% 24.8% 24.8% 68%
2019 36.4% 21.3% 24.4% 59.1%
2018 35.9% 19.8% 24.5% 56.4%
2017 35% 19.8% 25.2% 53.9%
2016 34.2% 22.4% 25.4% 50.4%
2015 39.7% 25.7% 23.8% 45.8%
2014 36.4% 23.9% 23.4% 41.3%
2013 34.8% 24.7% 23.2% 39.8%
2012 38.3% 27.3% 22.1% 37.6%
2011 37.4% 28.1% 20.1% 35.7%
2010 44.7% 27.9% 21.5% 36.7%
2009 54.5% 23.5% 20.3% 36%
2008 48% 7.77% 18.9% 34.3%
2007 38.3% 6.12% 18.1% 34.2%
2006 34.1% 6.32% 17.3% 37.1%
2005 35% 7.74% 16.2% 37.4%
2004 42% 11.3% 15.4% 40.8%
2003 44% 7.29% 16% 43.8%
2002 46% 8.55% 15.7% 42%
2001 42.9% 7.61% 14.9% 41.3%
2000 39.8% 8.37% 14.1% 43.1%
1999 41.7% 9.68% 13.7% 38.4%
1998 44.3% 12% 15.3% 38.5%
1997 40% - 15.6% 36%
1996 37.2% - 15.2% 40.5%
1995 38.1% - 17.3% 52.1%
1994 39.2% - 18.8% 57%
1993 44.2% - 18.9% 61.6%
1992 43.4% - 17.6% 41.2%
1991 42.3% - 16.4% 43%
1990 40.5% - 17.2% 37.6%
1989 - - 16.3% 33.4%
1988 - - 15.9% 33.9%
1987 - - 15.5% 36.3%
1986 - - 15.3% 31.3%
1985 - - 15.6% 28.8%
1984 - - 14.9% 25.6%
1983 - - 14.6% 26.1%
1982 - - 16.2% 26.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1997, retrieved 2026-02-20).

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

In 2024, Botswana's government spending was $6.55B, accounting for 33.8% of its GDP, while Kenya spent $28B, or 23.3% of GDP.

Debt-to-GDP ratio is 30% in Botswana and 67.3% in Kenya, ranking 158/185 and 64/185, respectively.

Government deficit by year

Deficit/surplus
Botswana

Kenya
1x
Year Deficit/surplus, % of GDP
Botswana Kenya
2024 -7.82% -5.77%
2023 -4.25% -5.71%
2022 -0.006% -6.06%
2021 -2.46% -7.2%
2020 -11.5% -8.13%
2019 -8.43% -7.42%
2018 -5.07% -6.94%
2017 -1.16% -7.4%
2016 0.72% -7.47%
2015 -5.06% -6.68%
2014 3.88% -5.75%
2013 6.07% -5.25%
2012 0.92% -5.29%
2011 -0.12% -3.64%
2010 -8.36% -3.67%
2009 -14.4% -3.12%
2008 -7.59% -1.95%
2007 5.92% -0.95%
2006 13.7% -0.43%
2005 10.7% -0.19%
2004 1.42% 0.5%
2003 -0.18% -0.73%
2002 -4.02% -1.29%
2001 -2.96% -0.53%
2000 8.95% 0.38%
1999 6.18% 0.84%
1998 - -0.03%
1997 - -0.91%
1996 - -0.49%
1995 - -0.23%
1994 - -4.14%
1993 - -8.57%
1992 - -8.28%
1991 - -6.56%
1990 - -3.28%
1989 - -2.39%
1988 - -1.97%
1987 - -2.27%
1986 - -2.98%
1985 - -3.05%
1984 - -2.55%
1983 - -2.17%
1982 - -3.07%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

GeoRank.org/economy/botswana/kenya | 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 Kenya's deficit of $6.94B, or 5.77% of GDP.

Over the past 26 years, Botswana recorded a fiscal deficit in 16 of those years, while Kenya ran a deficit in 23 years. On average, Botswana posted an annual deficit equal to 0.96% of GDP, compared to deficit of 3.84% of GDP for Kenya.

Inflation comparison by year

Inflation
Botswana

Kenya
1x
Year Consumer prices inflation
Botswana Kenya
2024 2.82% 4.49%
2023 5.07% 7.67%
2022 11.7% 7.66%
2021 7.24% 6.11%
2020 1.89% 5.41%
2019 2.77% 5.24%
2018 3.24% 4.69%
2017 3.31% 8.01%
2016 2.81% 6.3%
2015 3.06% 6.58%
2014 4.4% 6.88%
2013 5.88% 5.72%
2012 7.54% 9.38%
2011 8.46% 14%
2010 6.95% 3.96%
2009 8.03% 9.23%
2008 12.7% 26.2%
2007 7.08% 9.76%
2006 11.6% 14.5%
2005 8.61% 10.3%
2004 6.95% 11.6%
2003 9.19% 9.82%
2002 8.03% 1.96%
2001 6.56% 5.74%
2000 8.6% 9.98%
1999 7.75% 5.74%
1998 6.66% 6.72%
1997 8.72% 11.4%

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

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

Over the past 28 years, Botswana has recorded an average annual inflation rate of 6.7%, compared with 8.39% in Kenya. In 2024, inflation was 2.82% in Botswana and 4.49% in Kenya.

Top exports between countries

Botswana
Export category Export value
Machinery & equipment $186K
Processed food, beverages & tobacco $184K
Textiles & consumer goods $20K
Wood & paper products $19K
Metals $18K
Chemicals & pharma $17K
Raw materials & minerals $16K
Miscellaneous $15K
Kenya
Export category Export value
Chemicals & pharma $493K
Machinery & equipment $268K
Textiles & consumer goods $161K
Raw agricultural goods $35K
Metals $16K
Raw materials & minerals $12K
Animal & marine products $4K
Wood & paper products $4K
Processed food, beverages & tobacco $3K
Precious metals & jewellery $2K

Balance of trade

Botswana Kenya
Current account balance
-$821M
2024
-$1.55B
2024
Current account balance ranking
118/190
2024
134/190
2024
Current account balance, % of GDP
-4.23%
2024
-1.29%
2024
Goods imports
$6.86B
2024
$22.2B
2024
Goods exports
$4.66B
2024
$12.5B
2024
Service imports
$1.29B
2024
$5.64B
2024
Service exports
$935M
2024
$8.04B
2024
Imports of goods and services, % of GDP
43.7%
2024
23.1%
2024
Exports of goods and services, % of GDP
27.4%
2024
17.1%
2024

Economic freedom indices

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

Botswana Kenya
Economic freedom 67.7 55.5
Economic freedom ranking 53/197 128/197
Property rights 71.7 40.2
Government integrity 59.6 32.7
Judicial effectiveness 70.2 47
Tax burden 87.1 76.3
Government spending 69.8 84.1
Fiscal health 72.4 36.2
Business freedom 61.5 61.5
Labor freedom 60.7 56.5
Monetary freedom 72 75.1
Trade freedom 77 52
Investment freedom 50 55
Financial freedom 60 50

Economic freedom comparison by year

Botswana
Kenya
1x
Year Economic freedom index
Botswana Kenya
2026 67.7 55.5
2025 69.9 54.8
2024 68 53.6
2023 64.9 52.5
2022 64.8 52.6
2021 67.6 54.9
2020 69.6 55.3
2019 69.5 55.1
2018 69.9 54.7
2017 70.1 53.5
2016 71.1 57.5
2015 69.8 55.6
2014 72 57.1
2013 70.6 55.9
2012 69.6 57.5
2011 68.8 57.4
2010 70.3 57.5
2009 69.7 58.7
2008 68.2 59.3
2007 68.1 59.6
2006 68.8 59.7
2005 69.3 57.9
2004 69.9 57.7
2003 68.6 58.6
2002 66.2 58.2
2001 66.8 57.6
2000 65.8 59.7
1999 62.9 58.2
1998 62.8 58.4
1997 59.1 60.1
1996 61.6 56.4
1995 56.8 54.5

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

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

The Economic Freedom Index for Botswana is 67.7, ranking 53/197, compared to 55.5 for Kenya, ranking 128/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Botswana Kenya
Services, % of GDP
63.5%
2024
55.3%
2024
Industry, % of GDP
29.4%
2024
16.5%
2024
Agriculture, forestry, and fishing, % of GDP
1.71%
2024
22.5%
2024
GNI, Atlas method
$19.5B
2024
$118B
2024
GNI per capita, PPP
$20,570
2024
$6,540
2024
Total reserves including gold
$3.46B
2024
$10.1B
2024
Total reserves ranking
113/177
2024
75/177
2024
Net foreign direct investment
-$464M
2024
-$45.8M
2024
Net inflows of foreign direct investment
$467M
2024
$463M
2024
Net outflows of foreign direct investment
$3.02M
2024
$418M
2024
Servicing debt to the IMF, % of GNI
1.42%
2024
4.79%
2024
Poverty at national poverty lines
16.1%
2015
39.8%
2022
Gross capital formation, % of GDP
36%
2024
16.8%
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/kenya | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1997, retrieved 2026-02-20)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.