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Botswana Foreign Reserves

Total reserves including gold  FI.RES.TOTL.CD

Botswana's foreign reserves was $3.5B in 2025, ranked 109th globally. This represents a 2.5% increase from 2024. Data from World Bank, covering 1976–2025.

$3.5B +$86.1M (+2.5%)
Year 2025 Rank #109 Global Peak $9.8B (2007) Source World Bank

Botswana Foreign Reserves (1976–2025)

Overview

Botswana's foreign reserves stood at $3.5B in 2025, a rise of +$86.1M from 2024. Based on recent trends, this figure is projected to reach $3.5B by 2025. Botswana ranked 109th globally.

Botswana's foreign reserves have evolved significantly over the past 50 years, exhibiting a substantial increase from 72,322,792.70 in 1976 to 9,789,741,087.59 in 2007, the all-time peak. This growth was likely driven by the country's diamond mining industry, which has been a major contributor to its economy. However, the reserves have since declined and stood at 3,541,717,051.21 in 2025, ranking Botswana 109 globally. In comparison, Luxembourg, a peer country, had slightly higher reserves at 3,555,293,945.45 in 2025. The decline in reserves since 2007 may be attributed to various factors, including the global financial crisis and changes in the diamond market. To reverse this trend, Botswana would need to maintain a stable economic environment, diversify its exports, and continue to manage its foreign exchange effectively.

Data & projection

Year Foreign Reserves YoY change Rank
2027* trend $2.9B - -
2026* trend $3.2B - -
2025* trend $3.5B - -
2025 $3.5B +$86.1M #109
2024 $3.5B −$1.3B #98
2023 $4.8B +$476.9M #99
2022 $4.3B −$522.7M #101
2021 $4.8B −$139.3M #96
2020 $4.9B −$1.2B #94
2019 $6.2B −$486.7M #88
2018 $6.7B −$833.6M #83
2017 $7.5B +$301.7M #77
2016 $7.2B −$357.3M #77
2015 $7.5B −$776.6M #74
2014 $8.3B +$596.7M #71
2013 $7.7B +$98.1M #73
2012 $7.6B −$453.9M #73
2011 $8.1B +$196.7M #72
Show all years (1976-2025)
* Linear trend extrapolation

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 foreign reserves improve within 24 months. View full analysis →

Frequently Asked Questions

What is Botswana's foreign reserves?▾

Botswana's foreign reserves was $3.5B in 2025. Ranked 109th globally. This represents a 2.5% increase from the previous year.

What was the highest foreign reserves in Botswana?▾

Botswana's foreign reserves peaked at $9.8B in 2007.

What was the lowest foreign reserves in Botswana?▾

The lowest foreign reserves in Botswana was $72.3M in 1976.

How does Botswana rank in foreign reserves?▾

Botswana ranks 109th globally in foreign reserves as of 2025.

What is the World Bank indicator code for foreign reserves?▾

The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.

What is the projected foreign reserves of Botswana in 2025?▾

Botswana's foreign reserves is projected to reach $3.5B by 2025 based on trend extrapolation.

What is Botswana's foreign reserves in billion?▾

Botswana's foreign reserves was approximately 3.54 billion ($3.5B) in 2025.

What is the foreign reserves of Botswana in 2025?▾

The foreign reserves of Botswana in 2025 was $3.5B. This ranks 109th in the world.

Cite this page

APA
Botswana Foreign Reserves. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/botswana/reserves/
BibTeX
@misc{historysaid_botswana_reserves, title = {Botswana Foreign Reserves}, url = {https://historysaid.com/botswana/reserves/}, publisher = {HistorySaid}, year = {2026} }
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