Botswana Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Botswana's credit to gdp was 28.01% in 2025, ranked 107th globally. This represents a 14.9% decrease from 2024. Data from World Bank, covering 1972–2025.
Overview
Botswana's credit to gdp stood at 28.01% in 2025, a decline of +4.92% from 2024. Based on recent trends, this figure is projected to reach 28.01% by 2025. Botswana ranked 107th globally.
Botswana’s credit to GDP ratio has risen steadily over the 54‑year series, moving from a low of 9.14 in 1972 to a recent level of 28.01 in 2025, which places the country at 107th in the global ranking. The indicator peaked at 39.73 in 2020, reflecting a rapid expansion of borrowing during the pandemic‑related fiscal response, while the all‑time trough of 6.64 occurred in 1988, a period marked by limited external financing and a constrained domestic banking sector. Compared with peers of similar rank, Botswana’s 2025 figure is marginally below the Maldives (28.24) and above Poland (27.81), suggesting a moderate but still elevated reliance on external credit relative to comparable economies. The post‑peak decline from 2020 indicates a partial rebalancing of debt accumulation, yet the upward trajectory from the 1970s baseline remains evident. Continued fiscal consolidation and diversification of financing sources will be critical to temper the rise in the credit‑to‑GDP ratio and sustain a more stable debt path.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 24.39% | - | - |
| 2026* trend | 26.20% | - | - |
| 2025* trend | 28.01% | - | - |
| 2025 | 28.01% | −4.92% | #107 |
| 2024 | 32.93% | +2.87% | #41 |
| 2023 | 30.06% | +0.17% | #50 |
| 2022 | 29.89% | −4.64% | #54 |
| 2021 | 34.53% | −5.20% | #66 |
| 2020 | 39.73% | +3.79% | #77 |
| 2019 | 35.94% | +1.20% | #75 |
| 2018 | 34.74% | +0.79% | #70 |
| 2017 | 33.95% | +1.26% | #67 |
| 2016 | 32.69% | −3.30% | #62 |
| 2015 | 35.99% | +3.41% | #71 |
| 2014 | 32.58% | −0.61% | #68 |
| 2013 | 33.19% | +0.28% | #72 |
| 2012 | 32.91% | +5.06% | #74 |
| 2011 | 27.85% | +0.34% | #67 |
Detected Pattern
Analysis
Botswana matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Botswana's credit to gdp was 28.01% in 2025. Ranked 107th globally. This represents a 14.9% decrease from the previous year.
Botswana's credit to gdp peaked at 39.73% in 2020.
The lowest credit to gdp in Botswana was 6.64% in 1988.
Botswana ranks 107th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Botswana's credit to gdp is projected to reach 28.01% by 2025 based on trend extrapolation.
The credit to gdp of Botswana in 2025 was 28.01%. This ranks 107th in the world.
Cite this page
@misc{historysaid_botswana_credit-to-gdp,
title = {Botswana Credit to GDP},
url = {https://historysaid.com/botswana/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}