As per International Monetary Fund (IMF) Botswana’s nominal gross domestic product is expected to grow at a CAGR of 8.7% from it’s 2015 level of BWP 145.923 billion and reach BWP 261.678 billion by 2022.
The Republic of Botswana, a landlocked country located in Southern Africa, is bordered by Namibia to the north and west, Zimbabwe to the east, and South Africa to the south. Botswana is divided into nine districts and five town councils, with Gaborone as the capital. The official language of Botswana is English, although Setswana is widely spoken across the country. The official currency of Botswana is the pula (BWP).
Botswana had estimated population of 2.154 million in the year 2016 and expected to reach 2.312 million by 2022, growing at a CAGR of 1.18%.
Botswana’s real gross domestic product (GDP) was around BWP 88.546 billions in 2016 whereas the nominal GDP was BWP 163.695 billions. This resulted in GDP deflator 184.87. Per capita GDP was estimated at USD 6972.11 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 17041.58.
In 2016, Botswana’s government’s revenue was BWP 52.728 billions whereas the expenditure was BWP 55.854 billions. This resulted Botswana government’s net lending / borrowing negative at BWP3.126 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.
The current account balance for Botswana was estimated to be at USD 2.202 billions for the year 2016 and is expected to decline at a CAGR of 3.56% and reach USD 0.87 by 2022. This positive current account balance indicates the Botswana is net lender to the whole world.
Scope of the Botswana PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Botswana.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Botswana.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Botswana.
- These reports provide risk analysis for Botswana.
For more information and to purchase Botswana PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/botswana-pestel-analysis-market-research-report
For more information and to purchase Botswana SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/botswana-swot-analysis-market-research-report
For more information and to purchase Botswana Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/botswana-risk-analysis-market-research-report
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