GDP in Botswana

Botswana GDP | Economic News & Forecasts

Botswana - GDP

The economy lost steam in the third quarter of 2018, with annual growth slowing to a one-year low of 4.2% from 5.2% in the previous quarter. The moderation was largely driven by a decline in output in the all-important mining sector, the first in over a year, and cooling activity in the trade and hospitality industry. On a brighter note, public finances improved as the third-quarter budget balance swung to a healthy surplus from a deficit in Q3 2017, reflecting both higher tax revenues and restrained expenditures. Meanwhile, considerably lower diamond exports in October from the year prior led to a hefty trade deficit in the month, suggesting the economy entered Q4 on a somewhat soft footing.

Botswana - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)11.3  4.1  -1.7  4.3  2.4  

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Botswana GDP Chart

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

Botswana Facts

Bond Yield4.990.23 %Jan 30
Exchange Rate10.42-0.31 %Jan 30
Stock Market0.10.0 %Jan 30

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