Output-side Real GDP at Current Purchasing Power Parities for Botswana
CGDPOSBWA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,095.61
Year-over-Year Change
41.48%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures the inflation-adjusted real GDP of Botswana based on purchasing power parity. It provides important insights into the overall size and growth of Botswana's economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Output-side real GDP at current purchasing power parities (PPPs) is a key indicator of a country's economic size and development. It adjusts nominal GDP to account for price level differences, allowing more accurate comparisons across countries.
Methodology
The data is calculated by the World Bank using national accounts statistics and PPP conversion factors.
Historical Context
This metric is widely used by economists, policymakers, and investors to analyze Botswana's economic performance and competitiveness.
Key Facts
- Botswana's 2021 real GDP (PPP) was $43.8 billion.
- GDP per capita (PPP) in Botswana was $18,850 in 2021.
- Botswana's economy grew by 4.5% in 2021 after contracting in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inflation-adjusted real GDP of Botswana based on purchasing power parity (PPP), which accounts for differences in price levels across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the overall size and growth of Botswana's economy, allowing for more accurate comparisons to other countries.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts statistics and PPP conversion factors.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists, policymakers, and investors to analyze Botswana's economic performance and competitiveness.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with some delay in availability.
Related Trends
Output-side Real GDP at Current Purchasing Power Parities for Madagascar
CGDPOSMGA666NRUG
Expenditure-side Real GDP at Current Purchasing Power Parities for Comoros
CGDPESKMA666NRUG
Output-side Real GDP at Current Purchasing Power Parities for Hong Kong
CGDPOSHKA666NRUG
Output-side Real GDP at Current Purchasing Power Parities for United States
CGDPOSUSA666NRUG
Output-side Real GDP at Current Purchasing Power Parities for Belgium
CGDPOSBEA666NRUG
Capital stock at Current Purchasing Power Parities for United States
CKSPPPUSA666NRUG
Citation
U.S. Federal Reserve, Output-side Real GDP at Current Purchasing Power Parities for Botswana (CGDPOSBWA666NRUG), retrieved from FRED.