Current Account in Botswana

Botswana Current Account | Economic News & Forecasts

Botswana - Current Account

The economy appears to have decelerated further in the third quarter, after a sizable downturn in mining caused growth to fall to a two-year low in the second quarter. Notably, merchandise exports contracted at an even sharper rate on a decline in overseas sales of diamonds, which account for nearly 90% of total exports. Lower diamond shipments reflect the fall in output prompted by the closure of the Orapa mine in April and the challenging external backdrop. In addition, firms were less optimistic about business conditions in Q3, suggesting deteriorating private sector activity as the worst drought in a decade wiped out crops and livestock through the quarter. Meanwhile, in politics, the opposition challenged October’s elections results in court on 26 November, amid claims of electoral fraud.

Botswana - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)9.0  15.1  7.6  13.7  12.2  

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Botswana Current Account Chart


Botswana Current Account
Note: Current account balance as % of GDP.
Source: Bank of Botswana

Botswana Facts

ValueChangeDate
Bond Yield5.060.23 %Dec 31
Exchange Rate10.58-0.31 %Dec 31
Stock Market1.20.0 %Dec 30

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