Diplomatic representation in the US:
chief of mission: Ambassador Lapologang Caesar LEKOA
chancery: 1531-1533 New Hampshire Avenue NW, Washington, DC 20036
telephone: [1] (202) 244-4990
FAX: [1] (202) 244-4164
Diplomatic representation from the US: chief of mission: Ambassador Katherine H. CANAVAN embassy: address NA, Gaborone mailing address: Embassy Enclave, P. O. Box 90, Gaborone telephone: [267] 353982 FAX: [267] 312782
Flag description: light blue with a horizontal white-edged black stripe in the center
Economy Botswana
Economy - overview:
Botswana has maintained one of the world's highest economic growth
rates since independence in 1966. Through fiscal discipline and
sound management, Botswana has transformed itself from one of the
poorest countries in the world to a middle-income country with a per
capita GDP of $11,200 in 2006. Two major investment services rank
Botswana as the best credit risk in Africa. Diamond mining has
fueled much of the expansion and currently accounts for more than
one-third of GDP and for 70-80% of export earnings. Tourism,
financial services, subsistence farming, and cattle raising are
other key sectors. On the downside, the government must deal with
high rates of unemployment and poverty. Unemployment officially was
23.8% in 2004, but unofficial estimates place it closer to 40%.
HIV/AIDS infection rates are the second highest in the world and
threaten Botswana's impressive economic gains. An expected leveling
off in diamond mining production overshadows long-term prospects.
GDP (purchasing power parity):
$18.72 billion (2006 est.)
GDP (official exchange rate):
$9.697 billion (2006 est.)
GDP - real growth rate:
4.7% (2006 est.)
GDP - per capita (PPP):
$11,400 (2006 est.)
GDP - composition by sector: agriculture: 2.4% industry: 46.9% (including 36% mining) services: 50.7% (2003 est.)