GDP in Botswana
Botswana - GDP
Economic growth came in at 36.0% year-on-year in Q2, accelerating markedly from the 0.7% expansion in Q1. The jump was largely due to a rebound in the mining and quarrying sector, and rapid growth in diamond sales. Moreover, notable increases were logged in the manufacturing, construction, and wholesale and retail sectors, while only the agricultural sector recorded falling output. Turning to Q3, rough diamond sales came in below Q2’s average in July–August, boding ill for activity. Meanwhile, in late September the government presented the 2022 budget, envisaging total spending of approximately BWP 71.0 billion (around USD 6.4 billion). The plan rests on a 4.2% GDP growth forecast and sees the fiscal deficit at 4.0% of GDP. Spending priorities include addressing the health crisis, as well as promoting export-led growth and diversification, investment in the digital transition and productive infrastructure.Botswana - GDP Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Economic Growth (GDP, annual variation in %) | -1.7 | 4.3 | 2.9 | 4.5 | 3.0 |
Botswana GDP Chart
Source: Bank of Botswana
Botswana Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 5.06 | 0.23 % | Dec 31 |
| Exchange Rate | 10.58 | -0.31 % | Dec 31 |
| Stock Market | 1.2 | 0.0 % | Dec 30 |
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