Botswana: Trade (% of GDP)
In , Botswana's Trade (% of GDP) was 71.11.
That's up 3.3% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Botswana ranks #92 globally out of 160 reporting countries. Within Sub-Saharan Africa, it ranks #13 of 39.
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 125.78
- Trough
- 68.80
- 1-year change
- +3.3%
- 5-year change
- -14.4%
- -3.1% / yr
- 10-year change
- -40.5%
- -5.1% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 71.1053 | |
| 68.8034 | |
| 85.6117 | |
| 88.7588 | |
| 77.6634 | |
| 83.0930 | |
| 87.4551 | |
| 81.9240 | |
| 100.4647 | |
| 112.9009 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Botswana's Trade (% of GDP) in 2024?
- In 2024, Botswana's Trade (% of GDP) was 71.11, according to World Bank Open Data.
- Is Botswana's Trade (% of GDP) rising or falling?
- Botswana's Trade (% of GDP) rose 3.3% from 2023 to 2024.
- How does Botswana rank globally on Trade (% of GDP)?
- In 2024, Botswana ranked #92 out of 160 countries reporting Trade (% of GDP).
- How does Botswana's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Botswana is below the world average. Within Sub-Saharan Africa, it ranks #13 of 39.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.