Botswana’s fiscal balance reflects its dependence on diamond exports and external shocks. After surpluses in the early 2000s, the 2008 global financial crisis led to deficits peaking at - in 2009. Economic recovery saw improvements, with occasional surpluses by 2013 ().
The pandemic caused a sharp deficit of - in 2020. Recovery efforts suggest a stabilization near by 2029, contingent on sustained economic diversification and prudent fiscal management.
The pandemic caused a sharp deficit of - in 2020. Recovery efforts suggest a stabilization near by 2029, contingent on sustained economic diversification and prudent fiscal management.
For a deeper dive into the topic, explore Botswana’s annual GDP growth rate, Botswana’s central government debt to GDP ratio, Botswana’s goods export value.
