GDP in Botswana
Botswana - GDPThe economy emerged from recession last year, after registering three consecutive quarters of positive growth through September. Full year trade data also show a marked improvement in the country’s external sector. After recording a deficit in 2015, the trade balance was once again in surplus in 2016 according to a preliminary estimate thanks to strong diamond exports, which accounted for nearly 80% of total shipments abroad. Botswana’s commodity-dependent economy was hard hit by the end of the commodity super-cycle in mid-2014 and fell into recession in 2015. Government efforts to rebalance the economy through reform and stimulus spending along with improving diamond markets helped put the economy back on track. However, the commodity upswing proved uneven, forcing copper production to be shut down entirely late last year.
Botswana - GDP Data
|Economic Growth (GDP, annual variation in %)||6.0||4.5||9.9||3.2||-0.3|
5 years of economic forecasts for more than 30 economic indicators.
Botswana GDP Chart
Source: Bank of Botswana
|Bond Yield||5.08||0.02 %||Mar 23|
|Exchange Rate||10.16||-0.20 %||Mar 23|
|Stock Market||1.4||0.0 %||Mar 23|
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