Gross savings in Botswana
Botswana: Gross savings was 83.71 billion current LCU in 2024. ◆ Volatile
Latest (2024)
83.71 billion current LCU
Change on year
down 4.7%
World rank
106th
of 178 countries
All-time high
87.83 billion current LCU
in 2023
All-time low
53.20 million current LCU
in 1975
Years of data
50
1975–2024
Gross savings in Botswana, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for gross savings in Botswana is 83.71 billion current LCU, measured in 2024.
That represents a change of down 4.7% on the previous year and up 65.4% over ten years.
Over the whole period, gross savings in Botswana peaked at 87.83 billion current LCU in 2023 and was at its lowest, 53.20 million current LCU, in 1975.
That places Botswana 106th out of 178 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Botswana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1975 | 53.20 million current LCU | — |
| 1976 | 70.10 million current LCU | +31.8% |
| 1977 | 84.55 million current LCU | +20.6% |
| 1978 | 111.40 million current LCU | +31.8% |
| 1979 | 199.15 million current LCU | +78.8% |
| 1980 | 226.20 million current LCU | +13.6% |
| 1981 | 259.20 million current LCU | +14.6% |
| 1982 | 286.30 million current LCU | +10.5% |
| 1983 | 371.70 million current LCU | +29.8% |
| 1984 | 408.45 million current LCU | +9.9% |
| 1985 | 687.80 million current LCU | +68.4% |
| 1986 | 948.55 million current LCU | +37.9% |
| 1987 | 1.28 billion current LCU | +34.6% |
| 1988 | 2.41 billion current LCU | +88.7% |
| 1989 | 2.95 billion current LCU | +22.5% |
| 1990 | 2.94 billion current LCU | -0.4% |
| 1991 | 3.59 billion current LCU | +22.1% |
| 1992 | 3.62 billion current LCU | +1.0% |
| 1993 | 4.41 billion current LCU | +21.7% |
| 1994 | 3.35 billion current LCU | -24.0% |
| 1995 | 3.80 billion current LCU | +13.5% |
| 1996 | 5.95 billion current LCU | +56.4% |
| 1997 | 6.87 billion current LCU | +15.5% |
| 1998 | 8.20 billion current LCU | +19.4% |
| 1999 | 10.07 billion current LCU | +22.7% |
| 2000 | 11.65 billion current LCU | +15.7% |
| 2001 | 13.91 billion current LCU | +19.5% |
| 2002 | 10.82 billion current LCU | -22.2% |
| 2003 | 13.27 billion current LCU | +22.6% |
| 2004 | 14.41 billion current LCU | +8.6% |
| 2005 | 20.52 billion current LCU | +42.5% |
| 2006 | 23.91 billion current LCU | +16.5% |
| 2007 | 28.88 billion current LCU | +20.8% |
| 2008 | 27.17 billion current LCU | -5.9% |
| 2009 | 19.85 billion current LCU | -26.9% |
| 2010 | 27.50 billion current LCU | +38.5% |
| 2011 | 39.90 billion current LCU | +45.1% |
| 2012 | 35.57 billion current LCU | -10.8% |
| 2013 | 35.87 billion current LCU | +0.8% |
| 2014 | 50.60 billion current LCU | +41.1% |
| 2015 | 42.91 billion current LCU | -15.2% |
| 2016 | 49.53 billion current LCU | +15.4% |
| 2017 | 51.32 billion current LCU | +3.6% |
| 2018 | 46.61 billion current LCU | -9.2% |
| 2019 | 46.71 billion current LCU | +0.2% |
| 2020 | 41.43 billion current LCU | -11.3% |
| 2021 | 64.15 billion current LCU | +54.8% |
| 2022 | 75.06 billion current LCU | +17.0% |
| 2023 | 87.83 billion current LCU | +17.0% |
| 2024 | 83.71 billion current LCU | -4.7% |
Botswana compared with similar countries
- Botswana's 83.71 billion current LCU is below the median for upper middle income countries, which is 451.73 billion current LCU, 19% of the median. (49 countries reporting)
- Botswana's 83.71 billion current LCU is below the median for Sub-Saharan Africa, which is 841.37 billion current LCU, 10% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 103.68 million current LCU | 53.20 million current LCU | 199.15 million current LCU | 5 |
| 1980s | 982.45 million current LCU | 226.20 million current LCU | 2.95 billion current LCU | 10 |
| 1990s | 5.28 billion current LCU | 2.94 billion current LCU | 10.07 billion current LCU | 10 |
| 2000s | 18.44 billion current LCU | 10.82 billion current LCU | 28.88 billion current LCU | 10 |
| 2010s | 42.65 billion current LCU | 27.50 billion current LCU | 51.32 billion current LCU | 10 |
| 2020s | 70.44 billion current LCU | 41.43 billion current LCU | 87.83 billion current LCU | 5 |
Countries ranked near Botswana
More economy & growth data for Botswana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.52 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.98 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 3.02 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.2 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 467.27 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -36.99 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0242 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 185.34 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -27.34 % change on previous year (2024)
Frequently asked questions
- What is gross savings in Botswana?
- Gross savings in Botswana was 83.71 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Botswana?
- The highest recorded value was 87.83 billion current LCU in 2023.
- What is the lowest gross savings recorded in Botswana?
- The lowest recorded value was 53.20 million current LCU in 1975.
- How does Botswana rank for gross savings?
- Botswana ranks 106th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Botswana?
- Over the last ten years it is up 65.4%. The long-run trend across the full record is volatile.
- Where does this Botswana data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.