GDP in Botswana
Botswana - GDPBotswana’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
|Economic Growth (GDP, annual variation in %)||4.5||11.3||4.1||-1.7||4.3|
5 years of economic forecasts for more than 30 economic indicators.
Botswana GDP Chart
Source: Bank of Botswana
|Bond Yield||4.97||-0.84 %||Sep 21|
|Exchange Rate||10.20||0.25 %||Sep 21|
|Stock Market||1.3||0.0 %||Sep 21|
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