Unemployment Rate Evolution in Botswana from 1991 to 2023

Botswana's unemployment has remained high, heavily influenced by its reliance on mining, particularly diamonds. Unemployment peaked at 23.8% in 2003, reflecting challenges in diversifying the economy and creating jobs outside the mining sector. Though the rate dipped to 15.9% in 2000, it rose again in recent years, reaching 23.4% in 2023, exacerbated by the pandemic’s impact on trade and tourism.