Botswana GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$7,695.75

Source: world bank Nominal/PPP
Summary:

Botswana GDP Per Capita expanded from 1960 to 2024, increasing from $58.92 to $7,695.75 .The compound annual growth rate (CAGR) averaged 7.91% over the period. The economy recorded its peak level in 2022 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 15.73%, indicating the largest cyclical decline from peak levels. The country experienced 12 recession episode(s) during the observed period.

Latest GDP Per Capita of Botswana 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 7,695.75 dollars$ 20,538.13 Int dollars
Growth (YoY)-1.669%-2.256%
Net Change vs Previous Year$ -130.60 dollars$ -473.97 Int dollars
% of World GDP Per Capita6.93%10.29%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Botswana GDP | Botswana GDP Growth

Botswana Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
196058.92-----
196162.323.45.778 %---
196265.993.665.879 %---
196368.892.94.395 %---
196473.494.616.687 %---
196579.686.198.418 %---
196689.069.3811.775 %---
1967100.9511.8813.343 %---
1968113.4512.512.384 %---
1969131.7818.3316.158 %---
1970163.0331.2623.718 %---
1971212.2449.2130.186 %---
1972264.2351.9924.495 %---
1973374.19109.9641.613 %---
1974446.4972.319.321 %---
1975493.0346.5410.424 %---
1976490.47-2.56-0.519 %---
1977564.8374.3615.161 %---
1978695.22130.3923.084 %---
1979909.21213.9930.78 %---
19801131.63222.4324.464 %---
19811107.03-24.61-2.174 %---
19821005.62-101.4-9.16 %---
19831120.53114.9111.427 %---
19841145.0324.52.186 %---
1985993.62-151.41-13.223 %---
19861199.85206.2320.755 %---
19871638.83438.9836.586 %---
19882140.51501.6930.613 %---
19892427.68287.1713.416 %---
19902903.15475.4719.585 %6103.62--
19912938.5935.441.221 %6598.44494.838.107 %
19923004.6166.022.247 %6753.03154.592.343 %
19932929.43-75.18-2.502 %6846.7193.671.387 %
19942917.26-12.18-0.416 %7048.52201.812.948 %
19953156.18238.938.19 %7502.78454.266.445 %
19963156.270.090.003 %7890.35387.575.166 %
19973194.1837.911.201 %8496.77606.427.686 %
19982981.2-212.98-6.668 %8441.28-55.48-0.653 %
19993340358.812.035 %9187.65746.368.842 %
20003450.81110.823.318 %9380.38192.732.098 %
20013206.07-244.74-7.092 %9419.7939.420.42 %
20023117.25-88.82-2.77 %9957.74537.955.711 %
20034230.121112.8735.7 %10438.76481.024.831 %
20044956.69726.5717.176 %10818.16379.43.635 %
20055391.07434.388.763 %11458.23640.075.917 %
20065291.58-99.49-1.845 %12562.961104.749.641 %
20075529.13237.544.489 %13388.74825.776.573 %
20085503.07-26.05-0.471 %13810.36421.623.149 %
20095082.93-420.14-7.635 %11686.18-2124.17-15.381 %
20106215.731132.822.286 %12753.311067.129.131 %
20117287.381071.6517.241 %13635.43882.126.917 %
20126595.54-691.84-9.494 %12736.58-898.84-6.592 %
20136666.9171.371.082 %13621.15884.576.945 %
20147122.36455.456.832 %15003.321382.1710.147 %
20156141.2-981.16-13.776 %14143.69-859.63-5.73 %
20166749.06607.869.898 %16228.122084.4314.738 %
20177104.96355.95.273 %15700.67-527.46-3.25 %
20187407.963034.265 %15785.8285.150.542 %
20197172.09-235.87-3.184 %15960.02174.21.103 %
20206323.3-848.79-11.835 %15292.26-667.75-4.184 %
20217807.891484.5923.478 %17960.632668.3617.449 %
20228328.71520.826.67 %19976.832016.2111.226 %
20237826.35-502.36-6.032 %21012.11035.275.182 %
20247695.75-130.6-1.669 %20538.13-473.97-2.256 %

Botswana Economic Phases (1960 - 2024)

From 1960 to 2024, Botswana economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1961–1962) indicating robust economic expansion
  • High Growth (1964–1975) indicating robust economic expansion
  • High Growth (1977–1980) indicating robust economic expansion
  • Contraction (1981–1982) indicating temporary slowdown
  • High Growth (1986–1990) indicating robust economic expansion
  • Expansion (1991–1992) indicating steady moderate growth
  • Contraction (1993–1994) indicating temporary slowdown
  • Expansion (1996–1997) indicating steady moderate growth
  • Contraction (2001–2002) indicating temporary slowdown
  • High Growth (2003–2005) indicating robust economic expansion
  • Contraction (2008–2009) indicating temporary slowdown
  • High Growth (2010–2011) indicating robust economic expansion
  • High Growth (2016–2017) indicating robust economic expansion
  • High Growth (2021–2022) indicating robust economic expansion
  • Contraction (2023–2024) indicating temporary slowdown

The most remarkable growth occurred in 1973 with an increase of 41.613%, while the largest decline was in 2015 at -13.776%.