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Botswana Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

Botswana's budget deficit was -10.15% in 2025, ranked 176th globally. This represents a 30.4% decrease from 2024. Data from IMF WEO, covering 1999–2025.

-10.15% −2.37% (-30.4%)
Year 2025 Rank #176 Global Peak 13.31% (2006) Source IMF WEO

Botswana Budget Deficit (1999–2025)

Overview

Botswana's budget deficit stood at -10.15% in 2025, a decline of +2.37% from 2024. The IMF projects -10.15% by 2025. Botswana ranked 176th globally.

Botswana's budget deficit has exhibited significant fluctuations over the past 27 years, with the latest figure standing at a deficit of 10.15% of GDP, ranking 176 globally according to the IMF World Economic Outlook. At its peak in 2006, the country's budget deficit reached a high of 13.31%, a level that was surpassed only by a few of its peers, including Malawi, which had a deficit of 10.64% in 2025. The country's budget deficit was not always in the red, however, as evidenced by the trough year of 2009, when the deficit plummeted to a surplus of 13.78%. The significant decline in the deficit over the years is largely attributed to the country's rich diamond reserves, which have provided a steady source of revenue. However, with a growing economy and increasing development needs, Botswana's budget deficit is expected to remain a concern, and a decline in diamond revenue could exacerbate the issue, potentially altering the trajectory of the deficit in the coming years.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -6.61% - -
2029* IMF -6.31% - -
2028* IMF -6.81% - -
2027* IMF -7.31% - -
2026* IMF -8.80% - -
2025* IMF -10.15% - -
2025 -10.15% −2.37% #176
2024 -7.78% −3.53% #19
2023 -4.25% −4.25% #62
2022 -0.01% +2.33% #143
2021 -2.33% +8.54% #132
2020 -10.87% −2.34% #26
2019 -8.53% −3.50% #9
2018 -5.03% −3.89% #31
2017 -1.14% −1.86% #122
2016 0.71% +5.54% #165
2015 -4.82% −8.72% #52
2014 3.90% −1.94% #181
2013 5.84% +4.95% #180
2012 0.89% +1.00% #155
2011 -0.12% +7.84% #143
Show all years (1999-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +11.1% GDP growth 3.2% C/A balance 1.5%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Botswana matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Botswana's budget deficit?▾

Botswana's budget deficit was -10.15% in 2025. Ranked 176th globally. This represents a 30.4% decrease from the previous year.

What was the highest budget deficit in Botswana?▾

Botswana's budget deficit peaked at 13.31% in 2006.

What was the lowest budget deficit in Botswana?▾

The lowest budget deficit in Botswana was -13.78% in 2009.

How does Botswana rank in budget deficit?▾

Botswana ranks 176th globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?▾

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Botswana in 2025?▾

Botswana's budget deficit is projected to reach -10.15% by 2025 based on IMF projection.

What is the budget deficit of Botswana in 2025?▾

The budget deficit of Botswana in 2025 was -10.15%. This ranks 176th in the world.

Cite this page

APA
Botswana Budget Deficit. HistorySaid. Retrieved November 10, 2026, from https://historysaid.com/botswana/budget-deficit/
BibTeX
@misc{historysaid_botswana_budget-deficit, title = {Botswana Budget Deficit}, url = {https://historysaid.com/botswana/budget-deficit/}, publisher = {HistorySaid}, year = {2026} }
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