otswana Progressive Union
International organization participation: ACP, AfDB, C, CCC, ECA, FAO,
G-77, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF,
Intelsat, Interpol, IOC, ISO, ITU, NAM, OAU, OPCW, SACU, SADC, UN,
UNCTAD, UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO
Diplomatic representation in the US:
chief of mission: Ambassador Kgosi SEEPAPITSO IV
chancery: 1531-1533 New Hampshire Avenue NW, Washington, DC 20036
telephone: (202) 244-4990
FAX: (202) 244-4164
Diplomatic representation from the US:
chief of mission: Ambassador John E. LANGE
embassy: address NA, Gaborone
mailing address: P. O. Box 90, Gaborone
telephone: 353982
FAX: 356947
Flag description: light blue with a horizontal white-edged black
stripe in the center
@Botswana:Economy
Economy - overview: Agriculture still provides a livelihood for more
than 80% of the population but supplies only about 50% of food needs
and accounts for only 3% of GDP. Subsistence farming and cattle
raising predominate. The sector is plagued by erratic rainfall and
poor soils. Diamond mining and tourism also are important to the
economy. Substantial mineral deposits were found in the 1970s and the
mining sector grew from 25% of GDP in 1980 to 38% in 1998.
Unemployment officially is 21% but unofficial estimates place it
closer to 40%. The Orapa 2000 project, which will double the capacity
of the country's main diamond mine, will be finished in early 2000.
This will be the main force behind continued economic expansion.
GDP: purchasing power parity - $5.7 billion (1999 est.)
GDP - real growth rate: 6.5% (1999 est.)
GDP - per capita: purchasing power parity - $3,900 (1999 est.)
GDP - composition by sector:
agriculture: 4%
industry: 46% (including 36% mining)
services: 50% (1998 est.)
Population below poverty line: 47% (1999 est.)
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 7.7% (1999 est.)
Labor force: 235,000 formal sector employees (1995)
Labor force - by occupation: 100,000 public sector; 135,000 private
sector, including 14,300 who are employed in various mines in South
Africa; most others engaged in cattle raising and subsistence
agriculture (1995 est.)
Unemployment rate: 20%-40% (1999 est.)
Budget:
revenues: $1.6 billion
expenditures: $1.8 billion, including capital expenditures of $560
million (FY96/97)
Industries: diamon
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