Expenditure-side Real GDP at Chained Purchasing Power Parities for Botswana
RGDPESBWA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,315.94
Year-over-Year Change
38.70%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic indicator measures the real gross domestic product (GDP) of Botswana from the expenditure side, adjusted for purchasing power parity. It is a key metric for analyzing the 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
The expenditure-side real GDP at chained purchasing power parities (PPPs) for Botswana represents the total value of all final goods and services produced within the country, adjusted for price differences across economies. This allows for more accurate international comparisons of economic activity and living standards.
Methodology
The data is calculated by the World Bank using national accounts and price data.
Historical Context
Policymakers and economists use this trend to evaluate Botswana's economic performance and make informed decisions.
Key Facts
- Botswana's real GDP at PPP was $39.7 billion in 2021.
- The economy grew by 4.5% in 2021 after contracting in 2020 due to the COVID-19 pandemic.
- Botswana has experienced steady economic growth since the 1990s, driven by diamond exports and tourism.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the real gross domestic product (GDP) of Botswana, adjusted for purchasing power parity (PPP). It represents the total value of all final goods and services produced within the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for evaluating the size and growth of Botswana's economy and making international comparisons of economic activity and living standards.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and price data.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze Botswana's economic performance and inform decision-making.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may be subject to revisions as more information becomes available.
Related Trends
Population for Malta
POPTTLMTA148NRUG
Average Annual Hours Worked by Persons Engaged for Malaysia
AVHWPEMYA065NRUG
Index of Human Capital per Person for Luxembourg
HCIYISLUA066NRUG
Number of Persons Engaged for China
EMPENGCNA148NRUG
Index of Human Capital per Person for Sri Lanka
HCIYISLKA066NRUG
Population for Argentina
POPTTLARA148NRUG
Citation
U.S. Federal Reserve, Expenditure-side Real GDP at Chained Purchasing Power Parities for Botswana (RGDPESBWA666NRUG), retrieved from FRED.