Current Account in Botswana

Botswana Current Account | Economic News & Forecasts

Botswana - Current Account

Growth accelerated to 4.3% in annual terms in Q1 (Q4 2018: +4.1% year-on-year), propelled by a robust external sector. Export growth more than doubled in the first quarter thanks to booming merchandise shipments and despite a sharp slowdown in the all-important mining sector. Domestic demand, however, weakened somewhat in Q1: Total consumption growth slid to a two-year low, chiefly due to feebler household spending, while fixed investment increased at the weakest pace since Q4 2017. Turning to the second quarter, momentum appears to have been largely sustained. Sentiment in key industries remained upbeat, thanks to a favorable outlook for global demand and prices for diamonds, as well as an improvement in tourism prospects.

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

Bond Yield4.980.23 %Jul 11
Exchange Rate10.58-0.31 %Jul 11
Stock Market1.50.0 %Jul 09

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