Botswana's compensation of employees (current LCU) was 34.03 billion in 2023, the latest year in the World Bank's World Development Indicators. That is up 121.87% from 15.34 billion in 2013 (8.3% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 34.03 billion | 2023 |
| Five years earlier | 22.09 billion | 2018 |
| Ten years earlier | 15.34 billion | 2013 |
| Highest | 34.03 billion | 2023 |
| Lowest | 547.11 million | 1990 |
| Average since 2014 | 24.72 billion | 2014–2023 |
| First recorded | 547.11 million |
What the numbers say
In 2023, Botswana's compensation of employees (current LCU) rose 7.1% on 2022 (from 31.78 billion to 34.03 billion).
Across the 22 yearly changes before that (1991 to 2022), the average change was +12.5% and a typical year strayed about 9.1% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 35.1% in 1991 and the biggest yearly fall was 4.5% in 1994. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is upward, about 2 billion a year. A straight line explains 98% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 38.75 billion for 2026. We show this only because the same method, fitted on earlier years, predicted 2021 to 2023 better than "no change" would have: its average miss was 2.06 billion, against 3.11 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2023, Botswana had the 10th highest value of the 16 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Botswana in the 2023 ranking
What this measures
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 25 values
| Year | Compensation of employees (current LCU) |
|---|---|
| 2023 | 34,030,620,000 |
| 2022 | 31,777,090,000 |
| 2021 | 29,614,820,000 |
| 2020 | 28,699,840,000 |
| 2019 | 26,251,930,000 |
| 2018 | 22,085,070,000 |
| 2017 | 20,346,681,847 |
| 2016 | 19,224,440,000 |
| 2015 | 18,544,010,000 |
| 2014 | 16,588,660,000 |
Compensation of employees (current LCU) in nearby economies
- Angola — 3.18 trillion (2024)
- Burkina Faso — 1.07 trillion (2024)
- Burundi — 480.99 billion (2021)
- Cabo Verde — 21.7 billion (2020)
- Cameroon — 1.08 trillion (2021)
- Central African Republic — 81.21 billion (2021)
- Congo, Dem. Rep. — 6.58 trillion (2022)
- Congo, Rep. — 343.51 billion (2021)
- Côte d'Ivoire — 2.04 trillion (2023)
- Equatorial Guinea — 204.65 billion (2022)
More public sector data for Botswana
- Military expenditure (current USD) — 614.35 million (2025)
- Military expenditure (current LCU) — 8.34 billion (2025)
- Military expenditure (% of GDP) — 3.11% (2025)
- Military expenditure (% of general government expenditure) — 8.94% (2025)
- Arms imports (SIPRI trend indicator values) — 11 million (2024)
- Armed forces personnel, total — 9,000 (2020)
- Armed forces personnel (% of total labor force) — 0.92% (2020)
- Expense (current LCU) — 69.39 billion (2024)
- Expense (% of GDP) — 26.53% (2024)
- Net acquisition of financial assets (current LCU)
Reading data like this
Questions people ask
- What is Botswana's compensation of employees (current LCU)?
- 34.03 billion in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 6,120% from 547.11 million in 1990 (13.33% a year on average, compounded). The highest value was 34.03 billion in 2023 and the lowest 547.11 million in 1990.
- How does Botswana rank?
Source
World Bank, World Development Indicators, indicator GC.XPN.COMP.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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