GDP in Botswana

Botswana GDP | Economic News & Forecasts

Botswana - GDP

Botswana’s economic prospects continue to improve in parallel with the brightening outlook in the diamonds market following a disappointing start to the year. In May, exports rose over 40% from April, driven in large part by stronger diamond exports, which represent 80%–90% of the country’s exports. A drop in imports pushed the trade balance into surplus again. Despite the government’s efforts to diversify the economy, the recovery is still heavily dependent on diamond exports. As prices soften at the end of the summer, this year’s economic performance could be more volatile. The outlook could have become cloudier after President Khama became embroiled in a diplomatic row with China—a major investor in resource-rich African countries—over a planned August visit of the Dalai Lama to Botswana. Tensions were defused, however, after the Tibetan leader cancelled the trip on health grounds.

Botswana - GDP Data

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)4.5  11.3  4.1  -1.7  4.3  

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Botswana GDP Chart


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

Botswana Facts

ValueChangeDate
Bond Yield4.97-0.84 %Sep 21
Exchange Rate10.200.25 %Sep 21
Stock Market1.30.0 %Sep 21

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