GDP in Botswana
Botswana - GDPThe economy grew 3.1% year-on-year in the third quarter, matching the second quarter’s result which had marked the slowest expansion in two years. Agricultural activity fell at a sharper rate in Q3 as the worst drought in a decade weighed on the sector, while the mining sector remained mired in contraction. On the upside, manufacturing activity expanded solidly, while robust growth in the financial and business sector further buoyed overall growth. Meanwhile, the external sector dragged on the headline reading amid a sharp fall in diamond exports following the closure of the Orapa mine in April 2019. Turning to the fourth quarter, available data points to still-unsupportive external dynamics: Hampered by the downturn in diamond output, merchandise exports contracted for the 14th month running in October—and at the sharpest pace in close to four years.
Botswana - GDP Data
|Economic Growth (GDP, annual variation in %)||4.1||-1.7||4.3||2.9||4.5|
5 years of economic forecasts for more than 30 economic indicators.
Botswana GDP Chart
Source: Bank of Botswana
|Bond Yield||5.06||0.23 %||Dec 31|
|Exchange Rate||10.58||-0.31 %||Dec 31|
|Stock Market||1.2||0.0 %||Dec 30|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.