GDP in Botswana
Botswana - GDPDepressed commodity prices over the past two years have greatly damaged Botswana’s economic performance. Unemployment likely remained elevated in 2016 despite the economy returning to weak growth. Low metals prices forced the Botswanan mining industry, the economy’s traditional engine of growth, into a quasi-standstill, culminating in the closure in October of the country’s largest copper and nickel mining company. President Ian Khama used his State of the Nation Address in early December to outline the government’s strategy to fight its way out of the economic quagmire. In his speech, he highlighted high-level government programs announced this year, such as Vision 2036 and the Economic Stimulus Program; while the former attempts to diversify the economy, the latter seeks to boost short-term growth.
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.
Note: GDP, annual variation in %.
Botswana GDP Chart
Source: Bank of Botswana
|Bond Yield||5.24||0.09 %||Jan 20|
|Exchange Rate||10.59||-0.26 %||Jan 20|
|Stock Market||0.5||0.0 %||Jan 20|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.