Final consumption expenditure reached 11,653 USD bil in 2017 in Botswana, according to the National Statistical Office. This is 13.7 % more than in the previous year.
Historically, final consumption expenditure in Botswana reached an all time high of 11,653 USD bil in 2017 and an all time low of 33.5 USD bil in 1960. When compared to Botswana's main peers, final consumption expenditure in Namibia amounted to 12,342 USD bil, 280,356 USD bil in South Africa and 22,264 USD bil in Zimbabwe in 2017.
Botswana has been ranked 121st within the group of 161 countries we follow in terms of final consumption expenditure, 7 places above the position seen 10 years ago.
Final consumption expenditure consists of expenditure incurred by resident institutional units on goods or services that are used for the direct satisfaction of the individual needs or wants or the collective needs of members of the community.