GDP in Botswana

Botswana GDP | Economic News & Forecasts

Botswana - GDP

Depressed 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

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)6.0  4.5  9.9  3.2  -0.3  

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Botswana GDP Chart


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

Botswana Facts

ValueChangeDate
Bond Yield5.240.09 %Jan 20
Exchange Rate10.59-0.26 %Jan 20
Stock Market0.50.0 %Jan 20

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