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Botswana: Inflation, GDP deflator (annual %)

In , Botswana's Inflation, GDP deflator (annual %) was 2.78.

That's up 59.9% from 2023, the highest value since .

The global average for this indicator in 2024 was 13.69 . Botswana ranks #130 globally out of 193 reporting countries. Within Sub-Saharan Africa, it ranks #35 of 46.

Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2024

Trend (2005–2024)

Botswana Inflation, GDP deflator (annual %) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
15.47
Trough
-2.65
1-year change
+59.9%
5-year change
+447.5%
+40.5% / yr
10-year change
-71.0%
-11.7% / yr

Historical Data — Last 10 Years

Year Inflation, GDP deflator (annual %)
2.7812
1.7390
14.6177
8.3815
4.3789
0.5080
0.0566
-2.6499
11.9049
3.7303

About Inflation, GDP deflator (annual %)

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Indicator code: NY.GDP.DEFL.KD.ZGCategory: Economy

Frequently asked questions

What was Botswana's Inflation, GDP deflator (annual %) in 2024?
In 2024, Botswana's Inflation, GDP deflator (annual %) was 2.78, according to World Bank Open Data.
Is Botswana's Inflation, GDP deflator (annual %) rising or falling?
Botswana's Inflation, GDP deflator (annual %) rose 59.9% from 2023 to 2024.
How does Botswana rank globally on Inflation, GDP deflator (annual %)?
In 2024, Botswana ranked #130 out of 193 countries reporting Inflation, GDP deflator (annual %).
How does Botswana's Inflation, GDP deflator (annual %) compare to the world average?
The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Botswana is below the world average. Within Sub-Saharan Africa, it ranks #35 of 46.
What is Inflation, GDP deflator (annual %) and how is it measured?
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
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Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.