GDP in Botswana

Botswana GDP | Economic News & Forecasts

Botswana - GDP

The 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

2014   2015   2016   2017   2018  
Economic Growth (GDP, annual variation in %)4.1  -1.7  4.3  2.9  4.5  

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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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