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TOOL · GROSS COST

How much would a basic income cost in Botswana?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 1,679,590child population 800,654year 2023World Bank WDI

GROSS ANNUAL COST

19,967 million

in BWPBWP 19,967,203,200

Equal to 7.6% of reference GDP

Population covered: 2,480,244 people

Adults: 1,679,590 × BWP 800 × 12 = BWP 16,124,064,000

Children: 800,654 × BWP 400 × 12 = BWP 3,843,139,200

BWP 16,124,064,000 + BWP 3,843,139,200 = BWP 19,967,203,200

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $19,413,614,555 · World Bank WDI

Currency BWP · exchange rate 13.5964 BWP/USD (2023)

Converted cost $1,468,567,244 for the GDP share.