Compensation of employees in Botswana

Botswana: Compensation of employees was 34.03 billion current LCU in 2023. ◆ Volatile

Latest (2023)
34.03 billion current LCU
Change on year
up 7.1%
World rank
90th
of 156 countries
All-time high
34.03 billion current LCU
in 2023
All-time low
547.11 million current LCU
in 1990
Years of data
25
1990–2023

Compensation of employees in Botswana, 1990–2023

010.0B20.0B30.0B1990200620231990: 547.1M current LCU1991: 738.9M current LCU1992: 908.5M current LCU1993: 1.1B current LCU1994: 1.1B current LCU1995: 1.2B current LCU1996: 1.4B current LCU2006: 6.8B current LCU2007: 8.0B current LCU2008: 10.1B current LCU2009: 10.7B current LCU2010: 11.9B current LCU2011: 12.9B current LCU2012: 14.5B current LCU2013: 15.3B current LCU2014: 16.6B current LCU2015: 18.5B current LCU2016: 19.2B current LCU2017: 20.3B current LCU2018: 22.1B current LCU2019: 26.3B current LCU2020: 28.7B current LCU2021: 29.6B current LCU2022: 31.8B current LCU2023: 34.0B current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

Botswana recorded 34.03 billion current LCU for compensation of employees in 2023. That is the highest value across all 25 years on record.

The figure is up 7.1% on the previous year and up 121.9% over ten years.

Over the whole period, compensation of employees in Botswana peaked at 34.03 billion current LCU in 2023 and was at its lowest, 547.11 million current LCU, in 1990.

That places Botswana 90th out of 156 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.01 billion current LCU 547.11 million current LCU 1.44 billion current LCU 7
2000s 8.88 billion current LCU 6.78 billion current LCU 10.68 billion current LCU 4
2010s 17.78 billion current LCU 11.90 billion current LCU 26.25 billion current LCU 10
2020s 31.03 billion current LCU 28.70 billion current LCU 34.03 billion current LCU 4

Countries ranked near Botswana

  1. 87 New Zealand 35.91 billion current LCU compare
  2. 88 Namibia 35.48 billion current LCU compare
  3. 89 Nicaragua 34.98 billion current LCU compare
  4. 91 Spain 31.60 billion current LCU compare
  5. 92 Ireland 31.40 billion current LCU compare
  6. 93 Peru 31.39 billion current LCU compare

See the full ranking of 156 places →

More public sector data for Botswana

All data for Botswana →

Frequently asked questions

What is compensation of employees in Botswana?
Compensation of employees in Botswana was 34.03 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest compensation of employees recorded in Botswana?
The highest recorded value was 34.03 billion current LCU in 2023.
What is the lowest compensation of employees recorded in Botswana?
The lowest recorded value was 547.11 million current LCU in 1990.
How does Botswana rank for compensation of employees?
Botswana ranks 90th out of 156 countries with data for 2023.
Is compensation of employees rising or falling in Botswana?
Over the last ten years it is up 121.9%. The long-run trend across the full record is volatile.
Where does this Botswana data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Compensation of employees (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,496 data points, 1972–2024
Last refreshed

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.