Botswana Gross Savings Rate

1994 - 2024 | Quarterly | % | CEIC Data

Key information about Botswana Gross Savings Rate

  • Botswana Gross Savings Rate was measured at 20.1% in Sep 2024, compared with 20.1% in the previous quarter.
  • Botswana Gross Savings Rate is updated quarterly, with data available from Mar 1994 to Sep 2024, and an average rate of 20.1%.
  • The data reached an all-time high of 20.1% in Dec 1999 and a record low of 11.9% in Jun 2020.
  • CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. Final Consumption Expenditure is the sum of Private and Public Final Consumption Expenditure. Statistics Botswana provides Final Consumption Expenditure in local currency and Nominal GDP in local currency, based on SNA 2008. Gross Domestic Savings Rate prior to Q1 2006 is based on SNA 1993.
  • In the latest reports, Botswana GDP expanded 5.4% YoY in Mar 2023.
  • Botswana Nominal GDP reached 5,136.2 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 7.8% in Mar 2023.
  • Botswana GDP Per Capita reached 8,322.7 USD in Dec 2022.

View Botswana's Gross Savings Rate from Mar 1994 to Sep 2024 in the chart:

Botswana Gross Savings Rate

What was Botswana's Gross Savings Rate in Sep 2024?

Botswana Gross Savings Rate was measured at 20.1% in Sep 2024, compared with 20.1% in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
20.1 Sep 2024 26.4 Jun 2024 11.9 Jun 2020 49.9 Dec 1999 % quarterly Mar 1994 - Sep 2024

Gross Savings Rate by Country Comparison

country/region Last Frequency Range
Albania (%) 17.3 Sep 2022 quarterly Mar 2008 - Sep 2022
Algeria (%) 36.1 2021 yearly 2000 - 2021
Argentina (%) 11.0 Mar 2023 quarterly Mar 2004 - Mar 2023
Armenia (%) 20.6 Sep 2024 quarterly Dec 1994 - Sep 2024
Australia (%) 29.6 Dec 2022 quarterly Sep 1959 - Dec 2022
Austria (%) 24.0 Sep 2024 quarterly Mar 1995 - Sep 2024
Azerbaijan (%) 29.9 Sep 2024 quarterly Mar 2001 - Sep 2024
Bahrain (%) 38.1 2022 yearly 1989 - 2022
Bangladesh (%) 30.4 2021 yearly 2006 - 2021
Belarus (%) 28.3 Sep 2024 quarterly Mar 1992 - Sep 2024
Belgium (%) 22.1 Sep 2024 quarterly Mar 1980 - Sep 2024
Bolivia (%) 16.8 Jun 2024 quarterly Mar 1990 - Jun 2024
Bosnia and Herzegovina (%) 24.2 Sep 2024 quarterly Mar 2008 - Sep 2024
Botswana (%) 20.1 Sep 2024 quarterly Mar 1994 - Sep 2024
Brazil (%) 15.4 Sep 2024 quarterly Mar 1991 - Sep 2024
Brunei (%) 60.0 Sep 2022 quarterly Mar 2004 - Sep 2022
Bulgaria (%) 26.0 Sep 2024 quarterly Mar 1995 - Sep 2024
Cambodia (%) 34.1 2022 yearly 1993 - 2022
Canada (%) 25.2 Sep 2024 quarterly Mar 1961 - Sep 2024
Chile (%) 20.7 Sep 2024 quarterly Mar 1996 - Sep 2024
China (%) 44.3 2023 yearly 1952 - 2023
Colombia (%) 8.6 Dec 2022 quarterly Mar 2005 - Dec 2022
Croatia (%) 31.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Cyprus (%) 25.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Czech Republic (%) 34.4 Sep 2024 quarterly Mar 1995 - Sep 2024
Denmark (%) 35.0 Sep 2024 quarterly Mar 1990 - Sep 2024
Ecuador (%) 21.1 Sep 2024 quarterly Mar 1991 - Sep 2024
Egypt (%) 7.8 2023 yearly 1969 - 2023
Estonia (%) 29.7 Dec 2022 quarterly Mar 1993 - Dec 2022
European Union (%) 26.0 Sep 2024 quarterly Mar 1995 - Sep 2024
Finland (%) 23.5 Sep 2024 quarterly Mar 1990 - Sep 2024
France (%) 14.2 Dec 2017 quarterly Mar 1949 - Dec 2017
Georgia (%) 26.3 Sep 2024 quarterly Mar 1996 - Sep 2024
Germany (%) 29.6 Mar 2023 quarterly Mar 1991 - Mar 2023
Ghana (%) 9.9 2023 yearly 2006 - 2023
Greece (%) 17.5 Sep 2024 quarterly Mar 1995 - Sep 2024
Hong Kong SAR, China (%) 29.6 Sep 2024 quarterly Mar 1999 - Sep 2024
Hungary (%) 32.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Iceland (%) 23.1 Jun 2024 quarterly Mar 1995 - Jun 2024
India (%) 30.2 2023 yearly 1951 - 2023
Indonesia (%) 38.4 Sep 2024 quarterly Mar 2010 - Sep 2024
Iran (%) 26.4 Mar 2024 quarterly Jun 1988 - Mar 2024
Ireland (%) 60.6 Sep 2024 quarterly Mar 1995 - Sep 2024
Israel (%) 25.4 Sep 2024 quarterly Mar 1995 - Sep 2024
Italy (%) 24.6 Sep 2024 quarterly Mar 1995 - Sep 2024
Ivory Coast (%) 23.9 2023 yearly 1960 - 2023
Japan (%) 28.8 Mar 2022 quarterly Mar 1980 - Mar 2022
Jordan (%) 2.9 2023 yearly 1963 - 2023
Kazakhstan (%) 44.9 Sep 2022 quarterly Mar 1994 - Sep 2022
Kenya (%) 11.9 2023 yearly 2006 - 2023
South Korea (%) 34.0 Dec 2022 quarterly Mar 1970 - Dec 2022
Kosovo (%) 21.9 Sep 2024 quarterly Mar 2010 - Sep 2024
Kuwait (%) 44.9 2022 yearly 1970 - 2022
Kyrgyzstan (%) -4.1 Dec 2022 quarterly Mar 2000 - Dec 2022
Laos (%) 18.4 2016 yearly 2000 - 2016
Latvia (%) 17.7 Sep 2024 quarterly Mar 1995 - Sep 2024
Lebanon (%) -25.5 2021 yearly 1990 - 2021
Lithuania (%) 29.6 Sep 2024 quarterly Mar 1995 - Sep 2024
Luxembourg (%) 52.5 Sep 2022 quarterly Mar 1995 - Sep 2022
Macau SAR, China (%) 16.6 Dec 2022 quarterly Mar 2001 - Dec 2022
North Macedonia (%) 16.3 Sep 2024 quarterly Mar 2000 - Sep 2024
Malawi (%) 11.2 2019 yearly 1977 - 2019
Malaysia (%) 26.9 Dec 2022 quarterly Mar 2010 - Dec 2022
Malta (%) 36.3 Sep 2024 quarterly Mar 1992 - Sep 2024
Mauritius (%) 19.0 Sep 2024 quarterly Mar 1999 - Sep 2024
Mexico (%) 18.0 Sep 2024 quarterly Mar 1993 - Sep 2024
Moldova (%) -1.8 Sep 2024 quarterly Mar 1995 - Sep 2024
Mongolia (%) 35.8 Dec 2022 quarterly Mar 2005 - Dec 2022
Montenegro (%) 6.1 Jun 2024 quarterly Mar 2010 - Jun 2024
Morocco (%) 28.6 2023 yearly 1975 - 2023
Mozambique (%) 4.8 2023 yearly 1969 - 2022
Myanmar (%) 28.7 2018 yearly 1996 - 2018
Nepal (%) 35.6 2024 yearly 2001 - 2024
Netherlands (%) 28.9 Sep 2024 quarterly Mar 1995 - Sep 2024
New Zealand (%) 20.3 Sep 2022 quarterly Jun 1987 - Sep 2022
Nigeria (%) 34.6 2023 yearly 1981 - 2023
Norway (%) 36.6 Sep 2024 quarterly Mar 1978 - Sep 2024
Oman (%) 30.7 2023 yearly 1980 - 2023
Pakistan (%) 6.3 2024 yearly 2000 - 2024
Palestinian Territory (%) -2.4 Jun 2024 quarterly Mar 2011 - Jun 2024
Panama (%) 41.1 2023 yearly 1960 - 2023
Paraguay (%) 18.4 Sep 2024 quarterly Mar 1994 - Sep 2024
Peru (%) 25.0 Sep 2024 quarterly Mar 1990 - Sep 2024
Philippines (%) 10.8 Dec 2022 quarterly Mar 1981 - Dec 2022
Poland (%) 19.5 Jun 2024 quarterly Mar 1995 - Jun 2024
Portugal (%) 26.9 Sep 2024 quarterly Mar 1999 - Sep 2024
Qatar (%) 66.3 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 24.1 Sep 2024 quarterly Mar 1995 - Sep 2024
Russia (%) 30.4 Sep 2024 quarterly Mar 1993 - Sep 2024
Saudi Arabia (%) 33.2 Sep 2024 quarterly Mar 2003 - Sep 2024
Serbia (%) 16.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Singapore (%) 48.6 2023 yearly 1960 - 2023
Slovakia (%) 23.7 Sep 2024 quarterly Mar 1995 - Sep 2024
Slovenia (%) 28.0 Jun 2024 quarterly Mar 1995 - Jun 2024
South Africa (%) 13.7 Sep 2024 quarterly Mar 1960 - Sep 2024
Spain (%) 23.7 Sep 2024 quarterly Mar 1999 - Sep 2024
Sri Lanka (%) 26.1 Sep 2022 quarterly Mar 2010 - Sep 2022
Sudan (%) 13.7 2014 yearly 1960 - 2014
Sweden (%) 26.6 Sep 2024 quarterly Mar 1980 - Sep 2024
Switzerland (%) 32.0 Sep 2024 quarterly Mar 1990 - Sep 2024

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Botswana Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.5 Jun 2023 quarterly Mar 2004 - Jun 2023
Consolidated Fiscal Balance (USD mn) -37.355 Jun 2023 monthly Apr 2007 - Jun 2023
Tax Revenue (USD mn) 496.639 Jun 2023 monthly Apr 2007 - Jun 2023
Tax Revenue: % of GDP (%) 34.2 Jun 2023 quarterly Jun 2007 - Jun 2023
National Government Debt (USD mn) 3,497.5 2023 yearly 2002 - 2023
Government Debt: % of GDP (%) 17.3 Jun 2023 quarterly Jun 2014 - Jun 2023
Forecast: Government Expenditure (BWP bn) 117.247 2030 yearly 1981 - 2030
Forecast: Government Net Debt (BWP bn) 89.559 2030 yearly 1999 - 2030
Forecast: Government Revenue (BWP bn) 119.488 2030 yearly 2000 - 2030
Government Budget: Revenue (BWP mn) 10,566.963 Jul 2023 monthly Apr 2007 - Jul 2023
Government Budget: Surplus/Deficit (BWP mn) -502.517 Jun 2023 monthly Apr 2007 - Jun 2023
Government Budget: Revenue: Tax (BWP mn) 10,265.170 Jul 2023 monthly Apr 2007 - Jul 2023
Government Budget: Expenditure: Recurrent (BWP mn) 5,717.440 Jun 2023 monthly Apr 2007 - Jun 2023
Government Budget: Expenditure: Net Lending (BWP mn) -8.630 Jun 2023 monthly Apr 2007 - Jun 2023
Government Budget: Expenditure (BWP mn) 7,433.300 Jul 2023 monthly Apr 2007 - Jul 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.332 2028 yearly 1980 - 2028
Trade Balance (USD mn) -372.2 Oct 2024 monthly Jan 2001 - Oct 2024
Total Exports (USD mn) 242.8 Oct 2024 monthly Jan 2003 - Oct 2024
Total Exports Growth (%) -18.1 Oct 2024 monthly Jan 2004 - Oct 2024
Aluminum: Exports (USD th) 46.032 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 3,260.566 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 6,587.101 2023 yearly 1995 - 2023
Total Imports (USD mn) 615.0 Oct 2024 monthly Jan 2003 - Oct 2024
Total Imports Growth (%) -4.8 Oct 2024 monthly Jan 2004 - Oct 2024
Imports: Medicament (USD th) 103,115.303 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 19,497.032 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 3.667 Sep 2024 monthly Feb 2019 - Sep 2024
Total Imports from USA (USD mn) 7.251 Sep 2024 monthly Jan 2000 - Sep 2024
Total Exports to China (USD mn) 28.183 Oct 2024 monthly Apr 2006 - Oct 2024
Total Imports from China (USD mn) 33.782 Oct 2024 monthly Jan 2000 - Oct 2024
BW: Imports: cif: World (USD mn) 1,836.069 Sep 2024 quarterly Mar 2000 - Sep 2024
Foreign Trade: Exports: Re-Exports (BWP mn) 0.030 Oct 2024 monthly Jan 2005 - Oct 2024
Foreign Trade Balance (BWP mn) -4,956.088 Oct 2024 monthly Jan 2003 - Oct 2024
Foreign Trade: Imports (BWP mn) 8,189.723 Oct 2024 monthly Jan 2003 - Oct 2024
Foreign Trade: Exports (BWP mn) 3,233.635 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: Meat and Meat Products (BWP mn) 48.880 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: Copper and Nickel (BWP mn) 800.610 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: Diamonds (BWP mn) 1,671.217 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: Machinery and Electric Equipment (BWP mn) 260.879 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: Vehicles and Transport Equipment (BWP mn) 43.415 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: Iron Steels and Related Products (BWP mn) 41.073 Oct 2024 monthly Jan 2003 - Oct 2024
Exports: Asia: Israel (BWP mn) 53.267 Oct 2024 monthly Apr 2006 - Oct 2024
Exports: Africa: SACU: South Africa (BWP mn) 554.308 Oct 2024 monthly Apr 2006 - Oct 2024
Exports: EU: Belgium (BWP mn) 366.346 Oct 2024 monthly Apr 2006 - Oct 2024
Imports: Machinery and Electric Equipment (BWP mn) 1,244.713 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: Food, Beverages and Tobacco (BWP mn) 1,303.992 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: Fuel (BWP mn) 1,237.781 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: Diamonds (BWP mn) 1,257.618 Oct 2024 monthly Jan 2005 - Oct 2024
Imports: Metals and Metal Products (BWP mn) 511.002 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: Chemicals and Rubber Products (BWP mn) 853.489 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: Vehicles and Transport Equipment (BWP mn) 680.420 Oct 2024 monthly Jan 2003 - Oct 2024
Imports: Africa: SADC: SACU: South Africa (BWP mn) 5,043.651 Oct 2024 monthly Apr 2006 - Oct 2024
Imports: Africa: SADC: SACU: Namibia (BWP mn) 929.766 Oct 2024 monthly Apr 2006 - Oct 2024
Export Volume Index (2015=100) 117.152 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 101.817 2021 yearly 1980 - 2021
Import Value Index (2015=100) 115.483 2021 yearly 1980 - 2021
Export Value Index (2015=100) 114.093 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2.4 Jun 2024 quarterly Mar 2004 - Jun 2024
Current Account Balance (USD mn) -44.3 Dec 2022 quarterly Mar 2004 - Dec 2022
Current Account Balance: % of GDP (%) -5.0 Jun 2024 quarterly Mar 2004 - Jun 2024
Foreign Direct Investment (USD mn) 201.5 Jun 2024 quarterly Mar 2004 - Jun 2024
Foreign Direct Investment: % of GDP (%) 4.0 Jun 2024 quarterly Mar 2004 - Jun 2024
Foreign Portfolio Investment (USD mn) 13.305 Jun 2024 quarterly Mar 2004 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 0.3 Jun 2024 quarterly Mar 2004 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 40.1 2023 yearly 1975 - 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 0.000 2023 yearly 1975 - 2023
External Debt (USD mn) 1,431.8 2023 yearly 1994 - 2023
External Debt: % of GDP (%) 7.3 2023 yearly 1995 - 2023
External Debt: Short Term (USD mn) 290.3 2023 yearly 1973 - 2023
External Debt: Short Term: % of GDP (%) 1.5 2023 yearly 1994 - 2023
Forecast: Current Account Balance (USD bn) 0.062 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 5,613.990 2023 yearly 1996 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.4 Sep 2024 quarterly Dec 2002 - Sep 2024
Household Debt: % of GDP (%) 20.9 Sep 2024 quarterly Dec 2002 - Sep 2024
Non-Performing Loans (USD mn) 216.808 Sep 2024 quarterly Mar 2001 - Sep 2024
Money Supply M1 (USD mn) 2,655.772 Sep 2024 monthly Dec 2000 - Sep 2024
Money Supply M2 (USD mn) 9,058.353 Sep 2024 monthly Jan 2001 - Sep 2024
M2 Growth (%) 9.3 Sep 2024 monthly Jan 2002 - Sep 2024
Reserve Requirement Ratio (%) 2.5 Feb 2021 monthly Feb 2006 - Feb 2021
Foreign Exchange Reserves (USD mn) 5,165.9 Apr 2021 monthly Jan 1992 - Apr 2021
Foreign Exchange Reserves: % of GDP (%) 21.129 Sep 2024 quarterly Jun 1994 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 8.2 Mar 2023 monthly Jan 2003 - Mar 2023
Total Deposits (USD mn) 8,367.208 Oct 2024 monthly Dec 2002 - Oct 2024
Total Deposits Growth (%) 10.2 Oct 2024 monthly Dec 2003 - Oct 2024
Domestic Credit (USD mn) 6,007.9 Feb 2023 monthly Dec 2004 - Feb 2023
Domestic Credit Growth (%) 27.4 Sep 2024 quarterly Dec 2005 - Sep 2024
Household Debt (USD mn) 4,100.5 Oct 2024 monthly Dec 2002 - Oct 2024
Total Loans (USD mn) 6,291.491 Oct 2024 monthly Dec 2002 - Oct 2024
Total Loans Growth (%) 4.53 Oct 2024 monthly Dec 2003 - Oct 2024
Private Debt: % of Nominal GDP (%) 30.03 Sep 2024 quarterly Dec 2002 - Sep 2024
Monetary Aggregates: M2 (BWP mn) 118,564.827 Sep 2024 monthly Jan 2001 - Sep 2024
Monetary Aggregates: M1 (BWP mn) 34,761.415 Sep 2024 monthly Dec 2004 - Sep 2024
Bank of Botswana: Foreign Exchange Reserves (USD th) 4,799,743.000 Jul 2024 monthly Jan 1992 - Jul 2024
Depository Corp Survey: Assets: Domestic Claims (BWP mn) 106,977.218 Sep 2024 monthly Dec 2004 - Sep 2024
Commercial Banks Loans and Advances: Arrears: Over 90 Days (BWP mn) 2,837.797 Sep 2024 quarterly Mar 2001 - Sep 2024

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