Botswana Economic Outlook. Ten countries among the 20 countries where mining contributes most (highest MCI-Wr score) have moved up one or two steps in the World Bank’s country classification … In Kenya, 36.1% live below the poverty line as of 2016. The Gross Domestic Product (GDP) in Botswana was worth 18.34 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The statistics on this page were calculated using the following data sources: Here you have the comparison between Kenya vs Botswana 2021 Demand for Kenya’s cut flower exports plummeted from a high of 17,600 tons in February 2020 to a low of 8,000 tons in April.Kenya is the world’s third-largest exporter of cut flowers. Exports increased in July–August after shrinking in Q2, while the fall in imports softened in the same period. Kenya vs Zambia: Economic Indicators Comparison Kenya with a GDP of $87.9B ranked the 66th largest economy in the world, while Zambia ranked 106th with $26.7B. Growth in private sector employment averaged about 10% per annum during the first 30 years of the country's independence. Kenya's economy shrank 1.1% year-on-year in the third quarter of 2020, following a downwardly revised 5.5% plunge in the previous period. PwC’s 'Time for trust' report explores the value blockchain can add to the economy by 2030. September is one of the best months to visit Botswana and Kenya. In Botswana, on the other hand, 26.8 children do as of 2020. NAIROBI, (The Southern African Times) – Kenya’s economy contracted by 1.1 percent in the third quarter of 2020 compared to a growth of 5.8 percent in the same quarter of 2019, the government statistics agency said on Thursday. The entry includes total population as … The country has a mixed type of economy with a relatively high GDP compared to other African countries. Botswana has historically enjoyed strong and stable growth since independence, with sizable fiscal buffers and prudent policies playing a key role in shielding the economy. For more details, see an in-depth quality of life comparison of Kenya vs. Botswana using our country comparison tool. 5 Business sophistication : 5.1. Zimbabwe's economy depends heavily on its mining and agriculture sectors. 2009 - Kenya says that at least 10 million people, or one third of the population, are in need of food aid. Economic Overview. The economy of Botswana is currently one of the world's fastest growing economies, averaging about 5% per annum over the past decade. Through fiscal discipline and sound management, Botswana has transformed itself from one of the poorest countries in the world five decades ago into a middle-income country with a per capita GDP of approximately $18,100 in 2017. (cost, insurance, and freight) or f.o.b. In Kenya, 7.1% of adults are obese as of 2016. Kenya’s population and economy are growing rapidly. This entry contains the average number of years to be lived by a group of people born in the same year, if mortality at each age remains constant in the future. Kenya gdp per capita for 2017 was $1,572, a 11.47% increase from 2016. Log into your account. GDP > Per capita: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. 5. Botswana – $18,146 . Kenya’s real GDP growth has averaged over 5% for the last decade. Major industries include agriculture, forestry, fishing, mining, manufacturing, energy, tourism and financial services. The life expectancy at birth in Kenya is 63.52 while in Botswana it is 54.06. Botswana with a GDP of $18.6B ranked the 117th largest economy in the world, while Somalia ranked 159th with $4.7B. In Kenya, more and more workers switch to the services sector. Meanwhile, the population of Botswana is ~2.3 million people (51.2 million more people live in Kenya). Botswana has one of the world's highest known rates of HIV/AIDS infection, but also one of Africa's most progressive and comprehensive programs for dealing with the disease. your password II. November 17, 2020. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. Country comparison, you can compare any two countries and see the data side by side. The country’s diverse wildlife and panoramic geography draw large numbers of European and North American visitors, and tourism is an important contributor to Kenya’s economy. Contribution of travel and tourism to GDP (% of GDP) of Botswana increased from 4.9 % in 2001 to 13.1 % in 2020 growing at an average annual rate of 5.85%. The tax-to-GDP ratio in Kenya decreased by 1.1 percentage points from 18.5% in 2017 to 17.4% in 2018. Kenya’s real GDP growth has averaged over 5% for the last decade. Competitiveness Index in Botswana averaged 15.85 Points from 2007 until 2019, reaching an all time high of 55.49 Points in 2019 and a record low of 3.96 Points in 2008. Government expenditure (% of GDP) - Comparison between Botswana and South Africa Country 1: Afghanistan Albania Algeria Angola Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahrain Bangladesh Barbados Belarus By GDP 5-years average growth and GDP per capita, Kenya and Zambia ranked 25th vs 62nd and 153rd vs 157th, respectively. In Kenya, 4.7% of people are living with AIDS/HIV as of 2018. According to figures researched and released by the IMF, Botswana overtook South Africa in 2011, as the latter’s economic slowdown took full effect, hitting a full dip in 2016. We look at how practical, everyday uses are creating an opportunity for organisations to deliver value by building trust and improving efficiency across industries, from healthcare, government and public services, to manufacturing, finance, logistics and retail. 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