Botswana Economy

Botswana is located in the southern portion of Africa, bordered by South Africa, Namibia, and Zimbabwe. The Botswana economy ranks 107th in the world with a GDP PPP of $26.5 billion (USD) according to the IMF in 2009. A bank deposit thst is held for a fixed term is called a fixed deposit in Botswana. According to CIA.gov its inflation was 12.6% in 2008 and 8.1% in 2009.