GDP in Botswana

Botswana GDP | Economic News & Forecasts

Botswana - GDP

The economy likely remained downbeat in the third quarter, after GDP plunged in the second quarter as Covid-19 slammed activity. Exports of rough diamonds, which account for around a third of government revenues, contracted by more than two thirds year-on-year in Q3 amid still-frail demand. Moreover, household credit growth weakened in July and August, which is set to have weighed on private consumption. Meanwhile, turning to Q4, in a bid to revive the tourism sector—the country’s second most important foreign exchange earner—the authorities started a phased reopening of borders, allowing air travel to resume gradually from 9 November. In other news, in mid-October, the government approached the World Bank, seeking budgetary support to help cover falling revenues due to the coronavirus health crisis.

Botswana - GDP Data

2015   2016   2017   2018   2019  
Economic Growth (GDP, annual variation in %)-1.7  4.3  2.9  4.5  3.0  

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Botswana GDP Chart


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

Botswana Facts

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

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