Gross savings in Botswana
Botswana: Gross savings was 32.0% in 2024. ▲ Rising
Gross savings in Botswana, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Botswana recorded 32.0% for gross savings in 2024.
That represents a change of down 3.8% on the previous year and down 12.2% over ten years.
Over the whole period, gross savings in Botswana peaked at 49.8% in 1988 and was at its lowest, 20.3%, in 1975.
That places Botswana 34th out of 177 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Gross savings in Botswana, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 20.3% | — |
| 1976 | 21.7% | +7.0% |
| 1977 | 22.2% | +2.6% |
| 1978 | 22.8% | +2.5% |
| 1979 | 29.8% | +30.8% |
| 1980 | 27.4% | -8.0% |
| 1981 | 28.8% | +5.2% |
| 1982 | 27.4% | -5.0% |
| 1983 | 28.9% | +5.5% |
| 1984 | 25.4% | -12.3% |
| 1985 | 32.4% | +27.9% |
| 1986 | 36.2% | +11.8% |
| 1987 | 38.7% | +6.8% |
| 1988 | 49.8% | +28.7% |
| 1989 | 47.5% | -4.7% |
| 1990 | 41.6% | -12.3% |
| 1991 | 45.0% | +8.0% |
| 1992 | 41.4% | -8.0% |
| 1993 | 43.7% | +5.7% |
| 1994 | 29.3% | -33.0% |
| 1995 | 29.0% | -1.1% |
| 1996 | 36.9% | +27.3% |
| 1997 | 37.5% | +1.6% |
| 1998 | 40.5% | +8.1% |
| 1999 | 39.7% | -2.1% |
| 2000 | 39.4% | -0.6% |
| 2001 | 43.4% | +10.0% |
| 2002 | 31.4% | -27.6% |
| 2003 | 35.7% | +13.5% |
| 2004 | 34.3% | -3.9% |
| 2005 | 40.4% | +18.0% |
| 2006 | 41.3% | +2.2% |
| 2007 | 44.5% | +7.7% |
| 2008 | 37.1% | -16.7% |
| 2009 | 27.4% | -26.1% |
| 2010 | 32.0% | +16.8% |
| 2011 | 38.6% | +20.5% |
| 2012 | 33.5% | -13.3% |
| 2013 | 29.9% | -10.6% |
| 2014 | 36.4% | +21.8% |
| 2015 | 31.3% | -14.1% |
| 2016 | 30.1% | -3.8% |
| 2017 | 30.8% | +2.2% |
| 2018 | 26.8% | -12.9% |
| 2019 | 26.0% | -3.2% |
| 2020 | 24.2% | -6.9% |
| 2021 | 30.9% | +27.6% |
| 2022 | 29.9% | -3.2% |
| 2023 | 33.3% | +11.4% |
| 2024 | 32.0% | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.3% | 20.3% | 29.8% | 5 |
| 1980s | 34.3% | 25.4% | 49.8% | 10 |
| 1990s | 38.5% | 29.0% | 45.0% | 10 |
| 2000s | 37.5% | 27.4% | 44.5% | 10 |
| 2010s | 31.6% | 26.0% | 38.6% | 10 |
| 2020s | 30.0% | 24.2% | 33.3% | 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)
- Services, value added (constant LCU), per capita 48,884 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.63 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 3.27 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9429 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 7,334 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 2.8 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 12.73 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 99,027 current LCU per person (2025)
Frequently asked questions
- What is gross savings in Botswana?
- Gross savings in Botswana was 32.0% 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 49.8% in 1988.
- What is the lowest gross savings recorded in Botswana?
- The lowest recorded value was 20.3% in 1975.
- How does Botswana rank for gross savings?
- Botswana ranks 34th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Botswana?
- Over the last ten years it is down 12.2%. The long-run trend across the full record is rising.
- Where does this Botswana data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.