The economy of Botswana advanced 4.3 percent year-on-year in the first quarter of 2019, quickening from a 4.1 percent expansion in the previous period. Output rebounded substantially for hotels & restaurants (5.7% vs -0.2% in Q4) and utilities (3.9% vs -0.2%) while rose further for finance & business services (5.4% vs 4.9%); manufacturing (4.1% vs 3.6%) and agriculture (2.6% vs 2.4%). On the other hand, slower increases were seen for transport & communication (5.9% vs 7.1%); mining (3.3% vs 13.9%); construction (2.7% vs 3.3%); general government (3.1% vs 3.8%) and social & personal services (3.6% vs 3.7%). On a quarterly basis, the GDP contracted 1.5 percent, after a 3.0 percent expansion in the previous quarter. GDP Annual Growth Rate in Botswana averaged 4.74 percent from 1995 until 2019, reaching an all time high of 18.20 percent in the fourth quarter of 2002 and a record low of -10.40 percent in the third quarter of 2009.

GDP Annual Growth Rate in Botswana is expected to be 4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Botswana to stand at 4.10 in 12 months time. In the long-term, the Botswana GDP Annual Growth Rate is projected to trend around 3.80 percent in 2020, according to our econometric models.

Botswana GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-28 10:00 AM GDP Growth Rate YoY 5.3% 4.8% 4.6%
2018-12-21 10:00 AM GDP Growth Rate YoY 4.2% 5.3% 4.5%
2019-03-29 03:30 PM GDP Growth Rate YoY 4.1% 4% 3.8%
2019-06-29 08:45 AM GDP Growth Rate YoY 4.3% 4.1% 3.7%
2019-09-27 10:00 AM GDP Growth Rate YoY 4.3% 3.9%
2019-12-27 10:00 AM GDP Growth Rate YoY 4.1%


Botswana GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.50 3.00 13.40 -13.80 percent [+]
GDP Annual Growth Rate 4.30 4.10 18.20 -10.40 percent [+]
GDP 18.62 17.41 18.62 0.03 USD Billion [+]
GDP Constant Prices 24485.20 24850.90 24850.90 11789.80 BWP Million [+]
Gross Fixed Capital Formation 30833.10 28704.90 31669.70 12270.73 BWP Million [+]
GDP per capita 8031.00 7859.40 8031.00 407.80 USD [+]
GDP per capita PPP 16518.24 16165.34 16518.24 8501.72 USD [+]
GDP From Agriculture 378.20 385.50 432.80 182.80 BWP Million [+]
GDP From Construction 1824.90 1831.00 1831.00 553.40 BWP Million [+]
GDP From Manufacturing 1399.70 1494.30 1494.30 617.60 BWP Millon [+]
GDP From Mining 2559.30 2706.80 5023.00 2011.20 BWP Million [+]
GDP From Public Administration 3095.10 3102.70 3104.20 1790.20 BWP Million [+]
GDP From Services 5263.20 5431.80 5445.00 1297.10 BWP Million [+]
GDP From Transport 1533.00 1554.40 1554.40 396.50 BWP Million [+]
GDP From Utilities 266.20 266.00 315.50 48.50 BWP Million [+]


Botswana GDP Annual 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 as 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. The largest sector of Botswana economy is trade, hotels & restaurants accounts (24% of GDP), followed by financial & business services (17%); general government (15%) and mining (12%). Other sectors include: construction (9%), community, social & personal service activities (8%); transport, storage & communication (7%), manufacturing (7%), agriculture, hunting & forestry (1%) and electricity, gas & water supply both around (1%). This page provides the latest reported value for - Botswana GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Botswana GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.30 4.10 18.20 -10.40 1995 - 2019 percent Quarterly




Country Last Previous
China 6.20 Jun/19
India 5.80 Mar/19
Indonesia 5.07 Mar/19
United States 3.20 Mar/19
Spain 2.40 Mar/19
Australia 1.80 Mar/19
United Kingdom 1.80 Mar/19
Netherlands 1.70 Mar/19
Saudi Arabia 1.70 Mar/19
South Korea 1.70 Mar/19
Switzerland 1.70 Mar/19
Canada 1.30 Mar/19
Euro Area 1.20 Mar/19
France 1.20 Mar/19
Mexico 1.20 Mar/19
Japan 0.90 Mar/19
Germany 0.70 Mar/19
Brazil 0.50 Mar/19
Russia 0.50 Mar/19
Singapore 0.10 Jun/19
South Africa 0.00 Mar/19
Italy -0.10 Mar/19
Turkey -2.60 Mar/19
Argentina -5.80 Mar/19


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