GDP in Botswana

Botswana GDP | Economic News & Forecasts

Botswana - GDP

The 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

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)-7.7  8.6  6.0  4.5  11.3  

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Botswana GDP Chart


Botswana GDP
Note: GDP, annual variation in %.
Source: Bank of Botswana

Botswana Facts

ValueChangeDate
Bond Yield5.100.04 %Apr 06
Exchange Rate10.650.11 %Apr 06
Stock Market1.40.0 %Apr 06

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