Botswana GDP Annual Growth Rate  1995-2018 | Data | Chart | Calendar

The economy of Botswana grew 4.8 percent year-on-year in the first quarter of 2018, easing from a 6.5 percent expansion in the previous period. Output dropped for trade, hotels and restaurants (-0.7 percent vs 18.1 percent in Q4 2017), mostly due to the wholesale sub sector as diamond industries contribution declined. Additionally, output growth slowed for general government (2.8 percent vs 3.8 percent). Meanwhile, output increased faster for mining (12.1 percent vs 0.2 percent); transport (6.5 percent vs 3.8 percent) and finance (5.4 percent vs 4.6 percent). Also, output continued to rise for manufacturing (4.4 percent from 4.1 percent); social services (3.6 percent vs 3.5 percent); agriculture (3.1 percent vs 2.6 percent) and construction (3.5 percent vs 3.3 percent). On a quarterly basis, the GDP shrank 1.5 percent, after expanding 5.5 percent in the fourth quarter of 2017. GDP Annual Growth Rate in Botswana averaged 4.73 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.

Botswana GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-21 02:00 PM GDP Growth Rate YoY 1.2% 0.9% 3.1%
2018-03-29 02:00 PM GDP Growth Rate YoY 6.5% 1.1% 3.0%
2018-06-29 01:45 PM GDP Growth Rate YoY 4.8% 6.5% 7%
2018-09-28 11:00 AM GDP Growth Rate YoY 4.8% 3.8%
2018-12-28 10:00 AM GDP Growth Rate YoY 3.8%


Botswana GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.50 5.50 13.40 -13.80 percent [+]
GDP Annual Growth Rate 4.80 6.50 18.20 -10.40 percent [+]
GDP 17.41 15.65 17.41 0.03 USD Billion [+]
GDP Constant Prices 23549.50 23896.60 23896.60 11789.80 BWP Million [+]
Gross Fixed Capital Formation 28704.90 31669.70 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 368.40 376.20 432.80 182.80 BWP Million [+]
GDP From Construction 1776.20 1772.60 1776.20 553.40 BWP Million [+]
GDP From Manufacturing 1340.90 1438.00 1438.00 617.60 BWP Millon [+]
GDP From Mining 2477.60 2375.10 5023.00 2011.20 BWP Million [+]
GDP From Public Administration 3030.00 3017.20 3030.00 1790.20 BWP Million [+]
GDP From Services 5075.60 5528.30 5528.30 1297.10 BWP Million [+]
GDP From Transport 1447.40 1451.10 1452.30 396.50 BWP Million [+]
GDP From Utilities 168.90 145.70 236.70 38.10 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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.80 6.50 18.20 -10.40 1995 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 7.70 Mar/18
Turkey 7.40 Mar/18
China 6.70 Jun/18
Indonesia 5.27 Jun/18
Australia 3.10 Mar/18
Netherlands 2.90 Jun/18
South Korea 2.90 Jun/18
United States 2.80 Jun/18
Mexico 2.70 Jun/18
Spain 2.70 Jun/18
Canada 2.30 Mar/18
Euro Area 2.20 Jun/18
Switzerland 2.20 Mar/18
Germany 2.00 Jun/18
Russia 1.80 Jun/18
France 1.70 Jun/18
United Kingdom 1.30 Jun/18
Brazil 1.20 Mar/18
Italy 1.10 Jun/18
Japan 1.00 Jun/18


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