Net incurrence of liabilities, total (% of GDP) in Botswana
Botswana: Net incurrence of liabilities, total (% of GDP) was 3.1% in 2023. ◆ Volatile
Net incurrence of liabilities, total in Botswana, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Botswana recorded 3.1% for net incurrence of liabilities, total in 2023.
Compared with earlier readings it is up 853.9% on the previous year and up 147.5% over ten years.
Over the whole period, net incurrence of liabilities, total in Botswana peaked at 7.2% in 2009 and was at its lowest, -2.9%, in 2016.
Botswana ranks 70th of 136 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total (% of GDP) in Botswana, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | -0.7% | — |
| 1991 | 2.2% | -406.5% |
| 1992 | -0.7% | -129.5% |
| 1993 | 1.6% | -348.2% |
| 1994 | 0.1% | -93.3% |
| 1995 | -0.1% | -227.0% |
| 1996 | 0.6% | -553.8% |
| 2006 | -1.0% | -258.9% |
| 2007 | 0.3% | -132.6% |
| 2008 | 0.1% | -62.9% |
| 2009 | 7.2% | +5832.9% |
| 2010 | 5.2% | -27.5% |
| 2011 | 0.4% | -92.8% |
| 2012 | -2.3% | -715.6% |
| 2013 | 1.3% | -155.0% |
| 2014 | 0.7% | -42.9% |
| 2015 | -1.8% | -351.1% |
| 2016 | -2.9% | +59.8% |
| 2017 | 0.7% | -122.9% |
| 2018 | -0.8% | -226.4% |
| 2019 | 0.7% | -184.6% |
| 2020 | 3.2% | +345.3% |
| 2021 | 3.2% | +2.2% |
| 2022 | 0.3% | -89.8% |
| 2023 | 3.1% | +853.9% |
Botswana compared with similar countries
- Botswana's 3.1% is above the median for upper middle income countries, which is 2.9%, 1.1× the median. (47 countries reporting)
- Botswana's 3.1% is below the median for Sub-Saharan Africa, which is 3.9%, 81% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (% of GDP) 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 |
|---|---|---|---|
| 2009 | +5832.9% | 0.1% | 7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4% | -0.7% | 2.2% | 7 |
| 2000s | 1.7% | -1.0% | 7.2% | 4 |
| 2010s | 0.1% | -2.9% | 5.2% | 10 |
| 2020s | 2.5% | 0.3% | 3.2% | 4 |
Countries ranked near Botswana
More public sector data for Botswana
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Frequently asked questions
- What is net incurrence of liabilities, total in Botswana?
- Net incurrence of liabilities, total in Botswana was 3.1% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Botswana?
- The highest recorded value was 7.2% in 2009.
- What is the lowest net incurrence of liabilities, total recorded in Botswana?
- The lowest recorded value was -2.9% in 2016.
- How does Botswana rank for net incurrence of liabilities, total?
- Botswana ranks 70th out of 136 countries with data for 2023.
- Is net incurrence of liabilities, total rising or falling in Botswana?
- Over the last ten years it is up 147.5%. The long-run trend across the full record is volatile.
- 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 Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.