Botswana recorded a Current Account surplus of 2.20 percent of the country's Gross Domestic Product in 2022. Current Account to GDP in Botswana averaged 3.85 percent of GDP from 1980 until 2022, reaching an all time high of 32.00 percent of GDP in 1987 and a record low of -28.30 percent of GDP in 1981. source: AFDB

Current Account to GDP in Botswana is expected to reach 1.50 percent of GDP by the end of 2024, 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 1.00 percent of GDP in 2025 and 0.60 percent of GDP in 2026, according to our econometric models.

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Botswana Current Account to GDP

Related Last Previous Unit Reference
Current Account 788.82 7366.65 BWP Million Sep 2023
Current Account to GDP 2.20 -0.50 percent of GDP Dec 2022
Foreign Direct Investment 674.45 672.66 BWP Million Sep 2023
External Debt 20004.04 18863.89 BWP Million Mar 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
2.20 -0.50 32.00 -28.30 1980 - 2022 percent of GDP Yearly