Interest payments in Botswana
Botswana: Interest payments was 4.0% in 2023. ▼ Falling
Interest payments in Botswana, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, interest payments in Botswana stood at 4.0%. That is the highest value across all 25 years on record.
That represents a change of up 57.6% on the previous year and up 107.5% over ten years.
Over the whole period, interest payments in Botswana peaked at 4.0% in 2023 and was at its lowest, 1.1%, in 2008.
That places Botswana 100th out of 152 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Interest payments in Botswana, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 2.8% | — |
| 1991 | 2.7% | -1.6% |
| 1992 | 2.5% | -6.8% |
| 1993 | 2.4% | -6.1% |
| 1994 | 2.5% | +6.2% |
| 1995 | 2.3% | -10.3% |
| 1996 | 2.0% | -14.1% |
| 2006 | 1.4% | -29.1% |
| 2007 | 1.2% | -11.4% |
| 2008 | 1.1% | -12.4% |
| 2009 | 1.3% | +21.1% |
| 2010 | 1.8% | +39.5% |
| 2011 | 1.9% | +4.7% |
| 2012 | 2.0% | +5.3% |
| 2013 | 1.9% | -3.1% |
| 2014 | 1.7% | -10.8% |
| 2015 | 1.9% | +11.3% |
| 2016 | 2.0% | +3.3% |
| 2017 | 2.1% | +5.8% |
| 2018 | 2.2% | +2.4% |
| 2019 | 2.3% | +7.6% |
| 2020 | 2.0% | -11.9% |
| 2021 | 2.0% | -3.7% |
| 2022 | 2.6% | +29.9% |
| 2023 | 4.0% | +57.6% |
Botswana compared with similar countries
- Botswana's 4.0% is below the median for upper middle income countries, which is 8.8%, 46% of the median. (47 countries reporting)
- Botswana's 4.0% is below the median for Sub-Saharan Africa, which is 11.3%, 36% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.5% | 2.0% | 2.8% | 7 |
| 2000s | 1.2% | 1.1% | 1.4% | 4 |
| 2010s | 2.0% | 1.7% | 2.3% | 10 |
| 2020s | 2.7% | 2.0% | 4.0% | 4 |
Countries ranked near Botswana
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Frequently asked questions
- What is interest payments in Botswana?
- Interest payments in Botswana was 4.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Botswana?
- The highest recorded value was 4.0% in 2023.
- What is the lowest interest payments recorded in Botswana?
- The lowest recorded value was 1.1% in 2008.
- How does Botswana rank for interest payments?
- Botswana ranks 100th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Botswana?
- Over the last ten years it is up 107.5%. The long-run trend across the full record is falling.
- Where does this Botswana data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.