Botswana: Primary budget balance
* indicates monthly or quarterly data series
| Botswana |
Primary budget balance, percent of GDP |
|---|---|
| Latest value | -6.76 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1999 - 2024 |
| Average | -0.60 |
| Min - Max | -13.33 - 13.61 |
| Source | The World Bank |
The latest value from 2024 is -6.76 percent, a decline from -3.29 percent in 2023. In comparison, the world average is -1.04 percent, based on data from 179 countries. Historically, the average for Botswana from 1999 to 2024 is -0.6 percent. The minimum value, -13.33 percent, was reached in 2009 while the maximum of 13.61 percent was recorded in 2006.
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Definition: The difference between a government's total revenue and its total expenditure, excluding interest payments on its outstanding debt. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 32.12 | 2024 | percent |
| Government spending, in dollars | 6.27 | 2025 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -7.78 | 2024 | percent |
| Primary budget balance | -6.76 | 2024 | percent |
| Government expenditure | 21.79 | Q1/2026 | billion |
| Tax revenue | 22.42 | 2023 | percent |
| Commercial tax rate | 25.10 | 2019 | percent |
| Tax preparation time | 120 | 2019 | hours |
| Taxes on goods and services | 14.54 | 2023 | percent |
| Taxes on international trade | 32.61 | 2023 | percent |
| Income and profits taxes | 32.45 | 2023 | percent |
| Foreign aid | 284.58 | 2023 | million U.S. dollars |
| Government debt | 29.87 | 2024 | percent |
| Short-term government debt | 4.98 | 2024 | percent |