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Botswana - Gross domestic product based on purchasing-power-parity in current prices

41.94 (billion international dollars) in 2018

In 2018, GDP based on PPP for Botswana was 41.94 billion international dollars. Over the last 20 years, GDP based on PPP of Botswana grew substantially from 13.44 to 41.94 billion international dollars rising at an increasing annual rate that reached a maximum of 13.30 % in 2013 and then decreased to 6.95 % in 2018.

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What is GDP based on PPP?

GDP (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. A purchasing power parity (PPP) between two countries, A and B, is the ratio of the number of units of country A’s currency needed to purchase in country A the same quantity of a specific good or service as one unit of country B’s currency will purchase in country B. PPPs can be expressed in the currency of either of the countries. In practice, they are usually computed among large numbers of countries and expressed in terms of a single currency, with the U.S. dollar (US$) most commonly used as the base or "numeraire" currency.

What is Botswana GDP based on PPP?

Date Value Change, %
2018 41.94 6.95 %
2017 39.22 4.86 %
2016 37.40 5.44 %
2015 35.47 -0.65 %
2014 35.70 6.12 %
2013 33.64 13.30 %
2012 29.69 6.46 %
2011 27.89 8.26 %
2010 25.76 9.83 %
2009 23.46 -6.95 %
2008 25.21 8.31 %
2007 23.27

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