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Botswana Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

Botswana's government debt to gdp was 38.80% in 2025, ranked 131st globally. This represents a 29.9% increase from 2024. Data from IMF WEO, covering 1998–2025.

38.80% +8.93% (+29.9%)
Year 2025 Rank #131 Global Peak 38.80% (2025) Source IMF WEO

Botswana Government Debt to GDP (1998–2025)

Overview

Botswana's government debt to gdp stood at 38.80% in 2025, a rise of +8.93% from 2024. The IMF projects 38.80% by 2025. Botswana ranked 131st globally.

Botswana’s government debt-to‑GDP ratio has risen steadily from 11.31 in 1998 to an all‑time peak of 38.80 in 2025, placing the country 131st globally among 28‑year observations. The trough of the series occurred in 2007 at 5.93, reflecting a period of fiscal prudence before a gradual accumulation of liabilities coinciding with expanded public investment and pandemic‑related spending. By 2025 Botswana’s ratio of 38.80 is closely aligned with peers such as Cameroon at 37.92 and Kyrgyz Republic at 37.81, indicating that the nation now shares a similar debt burden with other middle‑income economies in Sub‑Saharan Africa and Central Asia. The upward trajectory suggests that unless fiscal consolidation measures or stronger revenue growth are implemented, the debt ratio is likely to remain near the current high level, with any significant deviation depending on future budgetary reforms or external shocks.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 56.05% - -
2029* IMF 53.82% - -
2028* IMF 51.71% - -
2027* IMF 49.05% - -
2026* IMF 44.82% - -
2025* IMF 38.80% - -
2025 38.80% +8.93% #131
2024 29.87% +7.36% #31
2023 22.51% +1.52% #18
2022 20.99% −1.29% #17
2021 22.28% −1.23% #16
2020 23.51% +2.00% #18
2019 21.51% +1.87% #22
2018 19.64% +0.05% #17
2017 19.59% −2.75% #14
2016 22.34% −2.11% #27
2015 24.45% +0.52% #31
2014 23.94% +0.16% #37
2013 23.77% −2.67% #42
2012 26.45% −1.44% #58
2011 27.89% +1.35% #61
Show all years (1998-2025)
* 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 government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Botswana's government debt to gdp?▾

Botswana's government debt to gdp was 38.80% in 2025. Ranked 131st globally. This represents a 29.9% increase from the previous year.

What was the highest government debt to gdp in Botswana?▾

Botswana's government debt to gdp peaked at 38.80% in 2025.

What was the lowest government debt to gdp in Botswana?▾

The lowest government debt to gdp in Botswana was 5.93% in 2007.

How does Botswana rank in government debt to gdp?▾

Botswana ranks 131st globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?▾

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

What is the projected government debt to gdp of Botswana in 2025?▾

Botswana's government debt to gdp is projected to reach 38.80% by 2025 based on IMF projection.

What is the government debt to gdp of Botswana in 2025?▾

The government debt to gdp of Botswana in 2025 was 38.80%. This ranks 131st in the world.

Cite this page

APA
Botswana Government Debt to GDP. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/botswana/government-debt-to-gdp/
BibTeX
@misc{historysaid_botswana_government-debt-to-gdp, title = {Botswana Government Debt to GDP}, url = {https://historysaid.com/botswana/government-debt-to-gdp/}, publisher = {HistorySaid}, year = {2026} }
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