The Gross Domestic Product (GDP) in Botswana contracted 1.50 percent in the first quarter of 2019 over the previous quarter. GDP Growth Rate in Botswana averaged 1.23 percent from 1994 until 2019, 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 1.30 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 0.50 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.