Savings Rate, Percent per annum in Botswana
Botswana: Savings Rate, Percent per annum was 1.89 in 2024. ◆ Volatile
Savings Rate, Percent per annum in Botswana, 1994–2024
Source: International Monetary Fund.
Analysis
The most recent figure for savings rate, percent per annum in Botswana is 1.89, measured in 2024.
That represents a change of down 5.8% on the previous year and down 26.7% over ten years.
Over the whole period, savings rate, percent per annum in Botswana peaked at 9.5 in 1994 and was at its lowest, 1.58, in 2021.
Botswana ranks 35th of 63 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Savings Rate, Percent per annum in Botswana, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 9.5 | — |
| 1995 | 7.69 | -19.1% |
| 1996 | 7.05 | -8.3% |
| 1997 | 7.57 | +7.4% |
| 1998 | 6.78 | -10.5% |
| 1999 | 7.27 | +7.3% |
| 2000 | 7.93 | +9.1% |
| 2001 | 8.6 | +8.4% |
| 2002 | 7.98 | -7.2% |
| 2003 | 8.17 | +2.4% |
| 2004 | 7.66 | -6.2% |
| 2005 | 8.05 | +5.0% |
| 2006 | 6.48 | -19.5% |
| 2007 | 7.08 | +9.4% |
| 2008 | 7.37 | +4.0% |
| 2009 | 5.68 | -22.9% |
| 2010 | 3.96 | -30.3% |
| 2011 | 3.45 | -12.9% |
| 2012 | 3.07 | -11.1% |
| 2013 | 2.86 | -6.6% |
| 2014 | 2.58 | -9.8% |
| 2015 | 2.53 | -2.0% |
| 2016 | 2.11 | -16.7% |
| 2017 | 1.97 | -6.4% |
| 2018 | 1.92 | -2.7% |
| 2019 | 2.01 | +4.9% |
| 2020 | 1.83 | -9.1% |
| 2021 | 1.58 | -13.5% |
| 2022 | 1.78 | +12.6% |
| 2023 | 2.01 | +12.6% |
| 2024 | 1.89 | -5.8% |
Botswana compared with similar countries
- Botswana's 1.89 is below the median for upper middle income countries, which is 1.91, 99% of the median. (25 countries reporting)
- Botswana's 1.89 is below the median for Sub-Saharan Africa, which is 2.92, 65% of the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.64 | 6.78 | 9.5 | 6 |
| 2000s | 7.5 | 5.68 | 8.6 | 10 |
| 2010s | 2.65 | 1.92 | 3.96 | 10 |
| 2020s | 1.82 | 1.58 | 2.01 | 5 |
Countries ranked near Botswana
More financial sector data for Botswana
- Reserve position in the IMF, US dollar, annual growth rate 4.92 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0034 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 26.64 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -0.0848 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0025 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 19.45 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 4.92 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0034 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 26.64 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -0.0848 % change on previous year (2025)
Frequently asked questions
- What is savings rate, percent per annum in Botswana?
- Savings rate, percent per annum in Botswana was 1.89 in 2024, according to International Monetary Fund.
- What is the highest savings rate, percent per annum recorded in Botswana?
- The highest recorded value was 9.5 in 1994.
- What is the lowest savings rate, percent per annum recorded in Botswana?
- The lowest recorded value was 1.58 in 2021.
- How does Botswana rank for savings rate, percent per annum?
- Botswana ranks 35th out of 63 countries with data for 2024.
- Is savings rate, percent per annum rising or falling in Botswana?
- Over the last ten years it is down 26.7%. The long-run trend across the full record is volatile.
- Where does this Botswana data come from?
- The figures come from International Monetary Fund, published as part of Savings Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.