The economy of Botswana advanced 4.1 percent year-on-year in Q4 2018, after a 4 percent expansion in the previous period. Main drivers of growth were mining (13.9 percent vs -2.7 percent in Q3); transport & communication (7.1 percent vs 5.9 percent); finance & business services (4.9 percent vs 5.1 percent); general government (3.8 percent vs 3.2 percent) and manufacturing (3.6 percent vs 2.5 percent). Considering the 2018 year as a whole, the GDP expanded 4.5 percent from 2.9 percent in 2017, as mining output recovered notably (7.4 percent vs -11.1 percent). GDP Annual Growth Rate in Botswana averaged 4.75 percent from 1995 until 2018, 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
2018-06-29 01:45 PM GDP Growth Rate YoY 4.8% 6.5% 7%
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%
2019-06-28 01:45 PM GDP Growth Rate YoY 4.1% 4.0%
2019-09-27 10:00 AM GDP Growth Rate YoY 4.3%
2019-12-27 10:00 AM GDP Growth Rate YoY 4.1%


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 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.10 4.00 18.20 -10.40 1995 - 2018 percent Quarterly




Country Last Previous
India 6.60 Dec/18
China 6.40 Mar/19
Indonesia 5.07 Mar/19
Saudi Arabia 3.60 Dec/18
United States 3.20 Mar/19
Spain 2.40 Mar/19
Australia 2.30 Dec/18
South Korea 1.80 Mar/19
United Kingdom 1.80 Mar/19
Netherlands 1.70 Mar/19
Canada 1.60 Dec/18
Switzerland 1.40 Dec/18
Mexico 1.30 Mar/19
Euro Area 1.20 Mar/19
Singapore 1.20 Mar/19
Brazil 1.10 Dec/18
France 1.10 Mar/19
South Africa 1.10 Dec/18
Japan 0.80 Mar/19
Germany 0.70 Mar/19
Russia 0.50 Mar/19
Italy 0.10 Mar/19
Turkey -3.00 Dec/18
Argentina -6.20 Dec/18


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