A river that runs through the marsh in Botswana

Botswana Government Consumption (ann. var. %)

In the third quarter of 2022, annual growth accelerated to 6.3% from Q2’s 5.8%. Q3’s growth was underpinned by strong domestic electricity production and the diamond trade. Turning to Q4, the economy likely continued to grow strongly. Diamond prices remained at historically high levels throughout the quarter, while the unemployment rate declined from the year-earlier period. Less positively, exports contracted in October–November, while double-digit inflation likely undermined private consumption. In other news, the government presented the FY 2023 budget on 6 February. It projects a higher deficit than in FY 2022 due to a significant increase in government investment, with BWP 13 billion (around USD 1 billion) earmarked for infrastructure projects.

Botswana Government Consumption (ann. var. %) Data

2017 2018 2019 2020 2021
Government Consumption (ann. var. %) -3.3 2.2 10.3 4.0 4.0

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest