GDP in Botswana
Botswana - GDPThe economy got off to a sluggish start to the year, as the economic fallout from the closure of several mines late last year continues to weigh on growth. GDP grew 0.8% annually in Q1, down from 4.2% in Q4 and the slowest pace of growth since Q4 2015. The slowdown was driven by a steep contraction in the mining sector, as production of copper and nickel was effectively zero following the closure of the BCL mine in October 2016. Growth remained in positive territory thanks to a strong performance in the services sector. Net exports made a positive contribution to growth, despite somewhat lower diamond production (diamond exports account for over 80% of the country’s total exports).
Botswana - GDP Data
|Economic Growth (GDP, annual variation in %)||6.0||4.5||11.3||4.1||-1.7|
5 years of economic forecasts for more than 30 economic indicators.
Botswana GDP Chart
Source: Bank of Botswana
|Bond Yield||5.02||-0.01 %||Jul 18|
|Exchange Rate||10.16||-0.10 %||Jul 18|
|Stock Market||1.1||0.0 %||Jul 18|
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