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Botswana Economy
GDP:
purchasing power parity - $14.2 billion (2003 est.)
GDP - real growth rate:
7.2% (2003 est.)
GDP - per capita:
purchasing power parity - $9,000 (2003 est.)
GDP - composition by sector:
agriculture: 4%
industry: 48.7% (including 36% mining)
services: 52% (2003 est.)
Investment (gross fixed):
23.9% of GDP (2003)
Population below poverty line:
47% (2002 est.)
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
9.2% (2003 est.)
Labor force:
264,000 formal sector employees (2000)
Labor force - by occupation:
NA
Unemployment rate:
40% (official rate is 21%) (2001 est.)
Budget:
revenues: $3.263 billion
expenditures: $3.283 billion, including capital expenditures of NA (2003)
Public debt:
7% of GDP (2003)
Industries:
diamonds, copper, nickel, salt, soda ash, potash; livestock processing; textiles
Industrial production growth rate:
7.3% (2003 est.)
Electricity - production:
409.8 million kWh (2001)
Electricity - production by source:
fossil fuel: 100%
hydro: 0%
other: 0% (2001)
nuclear: 0%
Electricity - consumption:
1.564 billion kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
1.183 billion kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
16,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Agriculture - products:
livestock, sorghum, maize, millet, beans, sunflowers, groundnuts
Current account balance:
$539 million (2003)
Exports:
$2.544 billion f.o.b. (2003 est.)
Exports - commodities:
diamonds, copper, nickel, soda ash, meat, textiles
Exports - partners:
European Free Trade Association (EFTA) 87%, Southern African Customs Union (SACU) 7%, Zimbabwe 4% (2000)
Imports:
$1.753 billion f.o.b. (2003 est.)
Imports - commodities:
foodstuffs, machinery, electrical goods, transport equipment, textiles, fuel and petroleum products, wood and paper products, metal and metal products
Imports - partners:
Southern African Customs Union (SACU) 74%, EFTA 17%, Zimbabwe 4% (2000)
Reserves of foreign exchange & gold:
$5.25 billion (2003)
Debt - external:
$392 million (2003)
Economic aid - recipient:
$73 million (1995)
Currency:
pula (BWP)
Currency code:
BWP
Exchange rates:
pulas per US dollar - 4.9499 (2003), 6.3278 (2002), 5.8412 (2001), 5.1018 (2000), 4.6244 (1999)
Fiscal year:
1 April - 31 March
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