The 2009 global financial crisis led to a sharp rise, with the ratio peaking at 21.89% in 2010 due to economic stimulus measures. Despite fluctuations, the ratio stabilized around 20.35% in 2022, as Botswana balanced development needs with fiscal discipline.
For additional information, visit statistics on Botswana’s annual GDP figures, Botswana’s net lending/borrowing as a share of GDP, Botswana’s import value.