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Botswana real GDPBotswana real GDPBotswana real GDP

Botswana real GDP

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Key data points


Last release
—
Observation period
Q3 2024
Next release
—
Forecast
—
Highest
‪52.14 B‬ BWP on Mar 31, 2023
Lowest
‪11.79 B‬ BWP on Mar 31, 2003

About Botswana real GDP


Category
GDP
Source
Central Statistics Office
Frequency
Quarterly
Units
BWP

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Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Botswana real GDP was 48.83 B BWP, and the quarter before that it reached 50.3 B BWP.