Botswana recorded a Current Account surplus of 1 percent of the country's Gross Domestic Product in 2019. source: Bank of Botswana

Current Account to GDP in Botswana averaged 5.46 percent from 1980 until 2019, reaching an all time high of 32 percent in 1987 and a record low of -28.30 percent in 1981. This page provides - Botswana Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Botswana Current Account to GDP - values, historical data and charts - was last updated on November of 2020.

Current Account to GDP in Botswana is expected to reach -6.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Botswana Current Account to GDP is projected to trend around -3.00 percent in 2021 and 4.00 percent in 2022, according to our econometric models.

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Botswana Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.90 32.00 -28.30 1980 - 2019 percent Yearly

Botswana Trade Last Previous Highest Lowest Unit
Balance of Trade -1206.00 -2579.00 4102.21 -6683.00 BWP Million [+]
Current Account -6984.63 -4258.04 15079.57 -12190.41 BWP Million [+]
Current Account to GDP 1.00 1.90 32.00 -28.30 percent [+]
Imports 8037.90 5761.00 9778.30 1382.50 BWP Million [+]
Exports 6831.80 3181.60 10747.20 146.30 Million BWP [+]
Foreign Direct Investment 622.12 566.44 3368.73 -1473.05 BWP Million [+]
External Debt 14488.30 14584.10 18344.85 1771.80 BWP Million [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]


Botswana Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.