The Gross Domestic Product (GDP) in Botswana expanded 3 percent in the fourth quarter of 2018 over the previous quarter. GDP Growth Rate in Botswana averaged 1.26 percent from 1994 until 2018, reaching an all time high of 13.40 percent in the second quarter of 1997 and a record low of -13.80 percent in the first quarter of 1998.

GDP Growth Rate in Botswana is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Botswana to stand at 1.40 in 12 months time. In the long-term, the Botswana GDP Growth Rate is projected to trend around 1.60 percent in 2020, according to our econometric models.

Botswana GDP Growth Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-29 01:45 PM GDP Growth Rate QoQ -1.5% 5.5% 6.0%
2018-09-28 10:00 AM GDP Growth Rate QoQ 2.4% -1.5% 1.0%
2018-12-21 10:00 AM GDP Growth Rate QoQ 0.5% 2.5% 1.5%
2019-03-29 03:30 PM GDP Growth Rate QoQ 3% 0.3% 0.3%
2019-06-28 01:45 PM GDP Growth Rate QoQ 0.7%
2019-09-27 10:00 AM GDP Growth Rate QoQ 1.3%
2019-12-27 10:00 AM GDP Growth Rate QoQ 1.6%


Botswana GDP Last Previous Highest Lowest Unit
GDP Growth Rate 3.00 0.50 13.40 -13.80 percent [+]
GDP Annual Growth Rate 4.10 4.00 18.20 -10.40 percent [+]
GDP 17.41 15.65 17.41 0.03 USD Billion [+]
GDP Constant Prices 24850.90 24174.40 24850.90 11789.80 BWP Million [+]
Gross Fixed Capital Formation 30833.10 28704.90 31669.70 12270.73 BWP Million [+]
GDP per capita 7523.22 7485.00 7574.30 390.80 USD [+]
GDP per capita PPP 15807.37 15727.17 15914.67 8110.44 USD [+]
GDP From Agriculture 385.50 391.90 432.80 182.80 BWP Million [+]
GDP From Construction 1831.00 1823.10 1831.00 553.40 BWP Million [+]
GDP From Manufacturing 1494.30 1470.40 1494.30 617.60 BWP Millon [+]
GDP From Mining 2706.80 2440.00 5023.00 2011.20 BWP Million [+]
GDP From Public Administration 3102.70 3104.20 3104.20 1790.20 BWP Million [+]
GDP From Services 5431.80 5085.70 5445.00 1297.10 BWP Million [+]
GDP From Transport 1554.40 1537.10 1554.40 396.50 BWP Million [+]
GDP From Utilities 266.00 315.50 315.50 48.50 BWP Million [+]


Botswana GDP Growth Rate

Botswana is considered as a middle-income country having been one of the fastest growing economies in Africa during the last decade. Diamond extraction is the main factor behind high growth rates in recent years. It accounts for more than one-third of GDP; almost all export earnings, and half of the government's revenues. Other key sectors are tourism, financial services, subsistence farming, and cattle raising. This page provides the latest reported value for - Botswana GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Botswana GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 0.50 13.40 -13.80 1994 - 2018 percent Quarterly




Country Last Previous
Singapore 3.80 Mar/19
United States 3.20 Mar/19
India 1.60 Dec/18
China 1.40 Mar/19
South Africa 1.40 Dec/18
Saudi Arabia 1.07 Dec/18
Russia 0.80 Dec/18
Spain 0.70 Mar/19
Japan 0.50 Mar/19
Netherlands 0.50 Mar/19
United Kingdom 0.50 Mar/19
Euro Area 0.40 Mar/19
Germany 0.40 Mar/19
France 0.30 Mar/19
Australia 0.20 Dec/18
Italy 0.20 Mar/19
Switzerland 0.20 Dec/18
Brazil 0.10 Dec/18
Canada 0.10 Dec/18
Mexico -0.20 Mar/19
South Korea -0.30 Mar/19
Indonesia -0.52 Mar/19
Argentina -1.20 Dec/18
Turkey -2.40 Dec/18


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