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Economy of Botswana vs Saint Kitts and Nevis compared: GDP & Debt

Updated on by Georank team

Botswana has a GDP of $19.4B compared to $1.12B for Saint Kitts and Nevis, ranking 133/197 and 187/197 by economy size, respectively.

Botswana has $5.82B in government debt (30% of GDP), compared to $604M (53.8% of GDP) in Saint Kitts and Nevis.

Botswana vs Saint Kitts and Nevis GDP by year

Botswana
Saint Kitts and Nevis
1x
Year GDP, current $
Botswana Saint Kitts
2024 $19,402,063,513 $1,122,388,889
2023 $19,411,266,967 $1,055,651,852
2022 $20,321,150,599 $981,429,630
2021 $18,750,182,236 $858,622,222
2020 $14,960,251,608 $883,922,222
2019 $16,725,908,149 $1,107,855,556
2018 $17,031,943,186 $1,076,548,148
2017 $16,105,155,857 $1,056,977,778
2016 $15,082,637,184 $1,006,818,519
2015 $13,530,748,845 $957,222,222
2014 $15,470,088,501 $952,111,111
2013 $14,271,738,933 $874,548,148
2012 $13,907,464,500 $824,585,185
2011 $15,110,643,612 $836,092,593
2010 $12,637,273,429 $778,718,519
2009 $10,118,459,242 $774,274,074
2008 $10,730,829,116 $777,692,593
2007 $10,567,270,656 $689,285,185
2006 $9,919,158,482 $644,414,815
2005 $9,918,907,108 $547,203,704
2004 $8,957,467,707 $506,900,000
2003 $7,511,582,173 $469,869,870
2002 $5,438,863,983 $481,077,374
2001 $5,489,608,300 $458,643,829
2000 $5,788,329,609 $421,695,770
1999 $5,484,263,347 $406,595,484
1998 $4,790,481,509 $383,257,331
1997 $5,020,265,627 $374,641,308
1996 $4,847,757,218 $333,944,444
1995 $4,730,599,122 $313,485,185
1994 $4,259,259,604 $295,159,259
1993 $4,160,129,175 $263,755,556
1992 $4,146,464,587 $242,137,037
1991 $3,942,876,703 $220,540,741
1990 $3,790,636,324 $217,259,259
1989 $3,083,822,112 $192,518,519
1988 $2,644,554,159 $172,692,593
1987 $1,965,226,890 $147,748,148
1986 $1,392,602,164 $130,685,185
1985 $1,114,783,343 $111,007,407
1984 $1,240,822,167 $98,603,704
1983 $1,172,230,397 $86,874,074
1982 $1,014,945,696 $86,022,222
1981 $1,073,812,830 $80,888,889
1980 $1,060,889,704 $68,459,259
1979 $819,870,259 $58,840,741
1978 $590,407,374 $49,433,333
1977 $451,624,780 $44,496,296
1976 $372,025,093 $30,095,602
1975 $355,168,572 $33,364,055
1974 $306,044,208 $31,514,856
1973 $244,124,164 $24,196,018
1972 $164,460,915 $22,944,849
1971 $127,448,614 $19,624,746
1970 $96,243,234 $16,300,000
1969 $77,361,547 $15,850,000
1968 $66,248,441 $14,600,000
1967 $58,642,354 $16,742,338
1966 $51,465,655 $14,469,078
1965 $45,788,696 $13,593,932
1964 $41,616,348 $13,416,633
1963 $38,091,843 $12,833,301
1962 $35,644,957 $12,541,635
1961 $32,902,613 $12,483,302
1960 $30,411,414 $12,366,636

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

GeoRank.org/economy/botswana/saint-kitts-and-nevis | CC BY

GDP per capita in Botswana vs Saint Kitts and Nevis by year

Botswana
GDP per capita

GDP per capita, PPP
Saint Kitts and Nevis
GDP per capita

GDP per capita, PPP
1x
Year Current $
Botswana Saint Kitts
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $7,696 $20,538 $23,961 $34,847
2023 $7,826 $21,012 $22,577 $33,980
2022 $8,329 $19,977 $21,012 $31,871
2021 $7,808 $17,961 $18,361 $26,897
2020 $6,323 $15,292 $18,859 $27,326
2019 $7,172 $15,960 $23,595 $32,482
2018 $7,408 $15,786 $22,901 $30,795
2017 $7,105 $15,701 $22,465 $29,579
2016 $6,749 $16,228 $21,388 $28,215
2015 $6,141 $14,144 $20,329 $26,877
2014 $7,122 $15,003 $20,219 $26,756
2013 $6,667 $13,621 $18,580 $24,624
2012 $6,596 $12,737 $17,532 $23,458
2011 $7,287 $13,635 $17,832 $24,550
2010 $6,216 $12,753 $16,623 $23,691
2009 $5,083 $11,686 $16,503 $23,385
2008 $5,503 $13,810 $16,605 $24,102
2007 $5,529 $13,389 $14,758 $21,301
2006 $5,292 $12,563 $13,838 $20,676
2005 $5,391 $11,458 $11,784 $19,500
2004 $4,957 $10,818 $10,945 $17,276
2003 $4,230 $10,439 $10,176 $16,226
2002 $3,117 $9,958 $10,454 $16,619
2001 $3,206 $9,420 $10,023 $16,235
2000 $3,451 $9,380 $9,320 $15,256
1999 $3,340 $9,188 $9,116 $13,754
1998 $2,981 $8,441 $8,711 $13,319
1997 $3,194 $8,497 $8,627 $13,409
1996 $3,156 $7,890 $7,788 $12,498
1995 $3,156 $7,503 $7,406 $11,747
1994 $2,917 $7,049 $7,065 $11,062
1993 $2,929 $6,847 $6,395 $10,418
1992 $3,005 $6,753 $5,947 $9,652
1991 $2,939 $6,598 $5,465 $9,131
1990 $2,903 $6,104 $5,373 $8,983
1989 $2,428 - $4,723 -
1988 $2,141 - $4,206 -
1987 $1,639 - $3,573 -
1986 $1,200 - $3,140 -
1985 $994 - $2,651 -
1984 $1,145 - $2,341 -
1983 $1,121 - $2,052 -
1982 $1,006 - $2,023 -
1981 $1,107 - $1,894 -
1980 $1,132 - $1,598 -
1979 $909 - $1,367 -
1978 $695 - $1,144 -
1977 $565 - $1,026 -
1976 $490 - $692 -
1975 $493 - $765 -
1974 $446 - $721 -
1973 $374 - $551 -
1972 $264.2 - $521 -
1971 $212.2 - $444 -
1970 $163 - $365 -
1969 $131.8 - $347 -
1968 $113.4 - $309 -
1967 $100.9 - $344 -
1966 $89.1 - $290 -
1965 $79.7 - $265.8 -
1964 $73.5 - $256.4 -
1963 $68.9 - $240.1 -
1962 $66 - $230.3 -
1961 $62.3 - $225.6 -
1960 $58.9 - $221.6 -

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

GeoRank.org/economy/botswana/saint-kitts-and-nevis | CC BY

Botswana's GDP per capita is $7,696, ranking 97/197, compared to $23,961 in Saint Kitts and Nevis, ranking 51/197. Adjusted for purchasing power (GDP per capita PPP), Botswana ranks 95th at $20,538, while Saint Kitts and Nevis ranks 64th at $34,847.

Economic indicators

Botswana Saint Kitts
Gross domestic product
$19.4B
2024
$1.12B
2024
GDP rank
133/197
2024
187/197
2024
GDP growth
-2.99%
2023-2024
0.31%
2023-2024
GDP per capita
$7,696
2024
$23,961
2024
GDP per capita rank
97/197
2024
51/197
2024
GDP per capita, PPP
$20,538
2024
$34,847
2024
GDP per capita PPP rank
95/197
2024
64/197
2024
Government debt
$5.82B
2024
$604M
2024
Debt-to-GDP ratio
30%
2024
53.8%
2024
Government debt per person
$2,310
2024
$12,897
2024
Government debt per person rank
114/185
2024
44/185
2024
Average annual personal income after taxes
$5,271
2026
$13,301
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
43.2%
2024
Consumer prices inflation
2.82%
2023-2024
1.1%
2023-2024
Central bank interest rate
1.9%
2024
n/a
Unemployment rate
24.4%
2024
5.12%
2001
Population
2615162
47017

Spending and national debt comparison by year

Botswana
Spending

Debt
Saint Kitts and Nevis
Spending

Debt
1x
Year % of GDP
Botswana Saint Kitts
Government spending Government debt Government spending Government debt
2024 33.8% 30% 43.2% 53.8%
2023 32.4% 22.5% 43.1% 55.7%
2022 29.5% 21.3% 49.5% 60.3%
2021 33% 23.4% 41.2% 69.1%
2020 38.5% 24.8% 36.5% 68%
2019 36.4% 21.3% 37.2% 54.3%
2018 35.9% 19.8% 33.7% 53.9%
2017 35% 19.8% 25.5% 56.2%
2016 34.2% 22.4% 26.1% 57.4%
2015 39.7% 25.7% 29% 62.2%
2014 36.4% 23.9% 28% 69.3%
2013 34.8% 24.7% 28.6% 91.5%
2012 38.3% 27.3% 27.2% 121.4%
2011 37.4% 28.1% 30.3% 127.1%
2010 44.7% 27.9% 31.2% 134.9%
2009 54.5% 23.5% 30.4% 129.1%
2008 48% 7.77% 29.5% 123.4%
2007 38.3% 6.12% 32.2% 135.4%
2006 34.1% 6.32% 32.5% 140.3%
2005 35% 7.74% 34.7% 130.1%
2004 42% 11.3% 33.7% 153.1%
2003 44% 7.29% 30.9% 140.7%
2002 46% 8.55% 35.4% 119.7%
2001 42.9% 7.61% 30.9% 105.2%
2000 39.8% 8.37% 34.6% 96.5%
1999 41.7% 9.68% 33.6% 89.2%
1998 44.3% 12% 29.1% 79%
1997 40% - 26.3% 67.2%
1996 37.2% - 26.8% 50.7%
1995 38.1% - 23.7% -
1994 39.2% - 22.2% -
1993 44.2% - 21.3% -
1992 43.4% - 19.8% -
1991 42.3% - 18.2% -
1990 40.5% - 19.3% -

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

GeoRank.org/economy/botswana/saint-kitts-and-nevis | CC BY

In 2024, Botswana's government spending was $6.55B, accounting for 33.8% of its GDP, while Saint Kitts and Nevis spent $484M, or 43.2% of GDP.

Debt-to-GDP ratio is 30% in Botswana and 53.8% in Saint Kitts and Nevis, ranking 158/185 and 97/185, respectively.

Government deficit by year

Deficit/surplus
Botswana

Saint Kitts and Nevis
1x
Year Deficit/surplus, % of GDP
Botswana Saint Kitts
2024 -7.82% -11%
2023 -4.25% -0.27%
2022 -0.006% -4.16%
2021 -2.46% 5.41%
2020 -11.5% -3.06%
2019 -8.43% -0.7%
2018 -5.07% 1.8%
2017 -1.16% 1.68%
2016 0.72% 3.77%
2015 -5.06% 5.66%
2014 3.88% 8.52%
2013 6.07% 10.9%
2012 0.92% 4.32%
2011 -0.12% 1.6%
2010 -8.36% -4.15%
2009 -14.4% -1.23%
2008 -7.59% -1.57%
2007 5.92% -1.03%
2006 13.7% -1.37%
2005 10.7% -3.45%
2004 1.42% -6.6%
2003 -0.18% -5.66%
2002 -4.02% -11.7%
2001 -2.96% -10.9%
2000 8.95% -13.3%
1999 6.18% -11.1%
1998 - -5.13%
1997 - -2.33%
1996 - -2.27%
1995 - 0.9%
1994 - 0.79%
1993 - 0.24%
1992 - 0.5%
1991 - 0.92%
1990 - 0.62%

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

GeoRank.org/economy/botswana/saint-kitts-and-nevis | 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 Saint Kitts and Nevis' deficit of $123M, or 11% of GDP.

Over the past 26 years, Botswana recorded a fiscal deficit in 16 of those years, while Saint Kitts and Nevis ran a deficit in 17 years. On average, Botswana posted an annual deficit equal to 0.96% of GDP, compared to deficit of 1.83% of GDP for Saint Kitts and Nevis.

Inflation comparison by year

Inflation
Botswana

Saint Kitts and Nevis
1x
Year Consumer prices inflation
Botswana Saint Kitts
2024 2.82% 1.1%
2023 5.07% 3.56%
2022 11.7% 2.67%
2021 7.24% 1.2%
2020 1.89% -1.17%
2019 2.77% -0.33%
2018 3.24% -1.04%
2017 3.31% 0.69%
2016 2.81% -0.69%
2015 3.06% -2.3%
2014 4.4% 0.25%
2013 5.88% 1.11%
2012 7.54% 0.82%
2011 8.46% 5.84%
2010 6.95% 0.85%
2009 8.03% 2.06%
2008 12.7% 5.3%
2007 7.08% 4.48%
2006 11.6% 8.49%
2005 8.61% 3.38%
2004 6.95% 2.31%
2003 9.19% 2.24%
2002 8.03% 2.04%
2001 6.56% 2.3%
2000 8.6% 2.15%
1999 7.75% 3.36%
1998 6.66% 3.45%
1997 8.72% 8.91%

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

GeoRank.org/economy/botswana/saint-kitts-and-nevis | CC BY

Over the past 28 years, Botswana has recorded an average annual inflation rate of 6.7%, compared with 2.25% in Saint Kitts and Nevis. In 2024, inflation was 2.82% in Botswana and 1.1% in Saint Kitts and Nevis.

Balance of trade

Botswana Saint Kitts
Current account balance
-$821M
2024
-$169M
2024
Current account balance ranking
118/190
2024
96/190
2024
Current account balance, % of GDP
-4.23%
2024
-15.1%
2024
Goods imports
$6.86B
2024
$404M
2024
Goods exports
$4.66B
2024
$33.7M
2024
Service imports
$1.29B
2024
$239M
2024
Service exports
$935M
2024
$471M
2024
Imports of goods and services, % of GDP
43.7%
2024
n/a
Exports of goods and services, % of GDP
27.4%
2024
11%
2025

Economic freedom indices

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

Botswana Saint Kitts
Economic freedom 67.7 62
Economic freedom ranking 53/197 90/197
Property rights 71.7 n/a
Government integrity 59.6 n/a
Judicial effectiveness 70.2 n/a
Tax burden 87.1 n/a
Government spending 69.8 n/a
Fiscal health 72.4 n/a
Business freedom 61.5 n/a
Labor freedom 60.7 n/a
Monetary freedom 72 n/a
Trade freedom 77 n/a
Investment freedom 50 n/a
Financial freedom 60 n/a

Other economic metrics

Botswana Saint Kitts
Services, % of GDP
63.5%
2024
66.1%
2024
Industry, % of GDP
29.4%
2024
20.9%
2024
Agriculture, forestry, and fishing, % of GDP
1.71%
2024
1.29%
2024
GNI, Atlas method
$19.5B
2024
$1.05B
2024
GNI per capita, PPP
$20,570
2024
$34,460
2024
Total reserves including gold
$3.46B
2024
$295M
2024
Total reserves ranking
113/177
2024
168/177
2024
Net foreign direct investment
-$464M
2024
-$19.5M
2024
Net inflows of foreign direct investment
$467M
2024
$42.1M
2024
Net outflows of foreign direct investment
$3.02M
2024
$8.97M
2024
Servicing debt to the IMF, % of GNI
1.42%
2024
n/a
Poverty at national poverty lines
16.1%
2015
n/a
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/saint-kitts-and-nevis | 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. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. 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.