GDP in Botswana

Botswana GDP | Economic News & Forecasts

Botswana - GDP

The 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

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)6.0  4.5  11.3  4.1  -1.7  

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Botswana GDP Chart

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

Botswana Facts

Bond Yield5.02-0.01 %Jul 18
Exchange Rate10.16-0.10 %Jul 18
Stock Market1.10.0 %Jul 18

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