Net trade in goods and services in Botswana
Botswana: Net trade in goods and services was -2.56 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
-2.56 billion BoP, current US$
Change on year
down 260.4%
World rank
153rd
of 200 countries
All-time high
1.93 billion BoP, current US$
in 2006
All-time low
-2.80 billion BoP, current US$
in 2020
Years of data
50
1975–2024
Net trade in goods and services in Botswana, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Botswana is -2.56 billion BoP, current US$, measured in 2024.
That represents a change of down 260.4% on the previous year and down 639.1% over ten years.
Over the whole period, net trade in goods and services in Botswana peaked at 1.93 billion BoP, current US$ in 2006 and was at its lowest, -2.80 billion BoP, current US$, in 2020.
Botswana ranks 153rd of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Botswana, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | -84.38 million BoP, current US$ | — |
| 1976 | -42.09 million BoP, current US$ | -50.1% |
| 1977 | -73.28 million BoP, current US$ | +74.1% |
| 1978 | -123.04 million BoP, current US$ | +67.9% |
| 1979 | -93.86 million BoP, current US$ | -23.7% |
| 1980 | -173.05 million BoP, current US$ | +84.4% |
| 1981 | -400.48 million BoP, current US$ | +131.4% |
| 1982 | -198.32 million BoP, current US$ | -50.5% |
| 1983 | -71.38 million BoP, current US$ | -64.0% |
| 1984 | 11.24 million BoP, current US$ | -115.8% |
| 1985 | 179.65 million BoP, current US$ | +1497.6% |
| 1986 | 189.13 million BoP, current US$ | +5.3% |
| 1987 | 704.43 million BoP, current US$ | +272.5% |
| 1988 | 353.55 million BoP, current US$ | -49.8% |
| 1989 | 517.10 million BoP, current US$ | +46.3% |
| 1990 | 18.01 million BoP, current US$ | -96.5% |
| 1991 | 94.53 million BoP, current US$ | +425.0% |
| 1992 | 16.45 million BoP, current US$ | -82.6% |
| 1993 | 132.48 million BoP, current US$ | +705.4% |
| 1994 | 384.22 million BoP, current US$ | +190.0% |
| 1995 | 370.90 million BoP, current US$ | -3.5% |
| 1996 | 569.17 million BoP, current US$ | +53.5% |
| 1997 | 664.88 million BoP, current US$ | +16.8% |
| 1998 | -190.03 million BoP, current US$ | -128.6% |
| 1999 | 597.86 million BoP, current US$ | -414.6% |
| 2000 | 679.38 million BoP, current US$ | +13.6% |
| 2001 | 604.63 million BoP, current US$ | -11.0% |
| 2002 | 756.12 million BoP, current US$ | +25.1% |
| 2003 | 955.47 million BoP, current US$ | +26.4% |
| 2004 | 826.93 million BoP, current US$ | -13.5% |
| 2005 | 1.83 billion BoP, current US$ | +120.7% |
| 2006 | 1.93 billion BoP, current US$ | +5.9% |
| 2007 | 1.28 billion BoP, current US$ | -33.8% |
| 2008 | -292.09 million BoP, current US$ | -122.8% |
| 2009 | -1.26 billion BoP, current US$ | +332.3% |
| 2010 | -1.30 billion BoP, current US$ | +3.0% |
| 2011 | -1.02 billion BoP, current US$ | -21.7% |
| 2012 | -2.39 billion BoP, current US$ | +134.9% |
| 2013 | -431.51 million BoP, current US$ | -82.0% |
| 2014 | 474.71 million BoP, current US$ | -210.0% |
| 2015 | -909.03 million BoP, current US$ | -291.5% |
| 2016 | 1.31 billion BoP, current US$ | -243.9% |
| 2017 | 623.19 million BoP, current US$ | -52.4% |
| 2018 | 169.94 million BoP, current US$ | -72.7% |
| 2019 | -1.47 billion BoP, current US$ | -963.3% |
| 2020 | -2.80 billion BoP, current US$ | +90.6% |
| 2021 | -1.41 billion BoP, current US$ | -49.7% |
| 2022 | 199.00 million BoP, current US$ | -114.2% |
| 2023 | -710.00 million BoP, current US$ | -456.8% |
| 2024 | -2.56 billion BoP, current US$ | +260.4% |
Botswana compared with similar countries
- Botswana's -2.56 billion BoP, current US$ is below the median for upper middle income countries, which is -288.45 million BoP, current US$, 8.9× the median. (57 countries reporting)
- Botswana's -2.56 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is -701.38 million BoP, current US$, 3.6× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Botswana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | +1497.6% | 11.24 million BoP, current US$ | 179.65 million BoP, current US$ |
| 2019 | -963.3% | 169.94 million BoP, current US$ | -1.47 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -83.33 million BoP, current US$ | -123.04 million BoP, current US$ | -42.09 million BoP, current US$ | 5 |
| 1980s | 111.19 million BoP, current US$ | -400.48 million BoP, current US$ | 704.43 million BoP, current US$ | 10 |
| 1990s | 265.85 million BoP, current US$ | -190.03 million BoP, current US$ | 664.88 million BoP, current US$ | 10 |
| 2000s | 730.56 million BoP, current US$ | -1.26 billion BoP, current US$ | 1.93 billion BoP, current US$ | 10 |
| 2010s | -494.51 million BoP, current US$ | -2.39 billion BoP, current US$ | 1.31 billion BoP, current US$ | 10 |
| 2020s | -1.45 billion BoP, current US$ | -2.80 billion BoP, current US$ | 199.00 million BoP, current US$ | 5 |
Countries ranked near Botswana
- 150 Montenegro -2.41 billion BoP, current US$ compare
- 151 Zimbabwe -2.46 billion BoP, current US$ compare
- 152 Tunisia -2.47 billion BoP, current US$ compare
- 154 Sri Lanka -2.63 billion BoP, current US$ compare
- 155 North Macedonia -2.64 billion BoP, current US$ compare
- 156 Namibia -3.28 billion BoP, current US$ compare
More economy & growth data for Botswana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.52 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.98 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 3.02 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.2 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 467.27 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -36.99 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0242 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 185.34 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -27.34 % change on previous year (2024)
Frequently asked questions
- What is net trade in goods and services in Botswana?
- Net trade in goods and services in Botswana was -2.56 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Botswana?
- The highest recorded value was 1.93 billion BoP, current US$ in 2006.
- What is the lowest net trade in goods and services recorded in Botswana?
- The lowest recorded value was -2.80 billion BoP, current US$ in 2020.
- How does Botswana rank for net trade in goods and services?
- Botswana ranks 153rd out of 200 countries with data for 2024.
- Is net trade in goods and services rising or falling in Botswana?
- Over the last ten years it is down 639.1%. The long-run trend across the full record is volatile.
- Where does this Botswana data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.