Gross savings in Botswana
Botswana: Gross savings was 32.6% in 2024. ▲ Rising
Gross savings in Botswana, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
In 2024, gross savings in Botswana stood at 32.6%.
The figure is down 4.6% on the previous year and down 13.4% over ten years.
Over the whole period, gross savings in Botswana peaked at 53.4% in 1988 and was at its lowest, 20.3%, in 1975.
Botswana ranks 32nd of 177 countries on this measure, 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 GNI | 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 | 28.7% | -3.7% |
| 1981 | 27.9% | -2.9% |
| 1982 | 26.6% | -4.4% |
| 1983 | 29.9% | +12.3% |
| 1984 | 27.9% | -6.7% |
| 1985 | 35.5% | +27.2% |
| 1986 | 39.4% | +10.9% |
| 1987 | 44.0% | +11.7% |
| 1988 | 53.4% | +21.4% |
| 1989 | 52.0% | -2.6% |
| 1990 | 42.8% | -17.6% |
| 1991 | 44.3% | +3.4% |
| 1992 | 40.3% | -9.0% |
| 1993 | 40.9% | +1.4% |
| 1994 | 31.0% | -24.2% |
| 1995 | 29.2% | -5.6% |
| 1996 | 38.9% | +33.3% |
| 1997 | 38.6% | -0.9% |
| 1998 | 39.5% | +2.4% |
| 1999 | 41.7% | +5.4% |
| 2000 | 42.0% | +0.7% |
| 2001 | 44.5% | +6.0% |
| 2002 | 36.1% | -19.0% |
| 2003 | 39.4% | +9.3% |
| 2004 | 38.4% | -2.7% |
| 2005 | 44.2% | +15.0% |
| 2006 | 43.8% | -0.8% |
| 2007 | 46.1% | +5.3% |
| 2008 | 39.0% | -15.4% |
| 2009 | 27.7% | -29.1% |
| 2010 | 33.3% | +20.5% |
| 2011 | 38.9% | +16.6% |
| 2012 | 34.0% | -12.5% |
| 2013 | 31.4% | -7.8% |
| 2014 | 37.6% | +19.9% |
| 2015 | 32.4% | -13.8% |
| 2016 | 32.9% | +1.7% |
| 2017 | 33.7% | +2.1% |
| 2018 | 29.6% | -12.1% |
| 2019 | 27.4% | -7.4% |
| 2020 | 24.1% | -11.9% |
| 2021 | 31.2% | +29.1% |
| 2022 | 32.0% | +2.6% |
| 2023 | 34.1% | +6.7% |
| 2024 | 32.6% | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.3% | 20.3% | 29.8% | 5 |
| 1980s | 36.5% | 26.6% | 53.4% | 10 |
| 1990s | 38.7% | 29.2% | 44.3% | 10 |
| 2000s | 40.1% | 27.7% | 46.1% | 10 |
| 2010s | 33.1% | 27.4% | 38.9% | 10 |
| 2020s | 30.8% | 24.1% | 34.1% | 5 |
Countries ranked near Botswana
- 29 Denmark 34.3% compare
- 30 Papua New Guinea 33.6% compare
- 31 Bangladesh 33.0% compare
- 33 Marshall Islands 32.2% compare
- 34 Iraq 31.9% compare
- 35 Kazakhstan 31.5% compare
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 32.6% 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 53.4% 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 32nd out of 177 countries with data for 2024.
- Is gross savings rising or falling in Botswana?
- Over the last ten years it is down 13.4%. 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 GNI). 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 National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.