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

The economy of Botswana expanded 5.3 percent year-on-year in the second quarter of 2018, following a 4.8 percent growth in the previous period. Output rebounded for trade, hotels and restaurants (0.8 percent vs -0.7 percent in Q1) and advanced further for finance and business services (6.1 percent vs 5.4 percent); general government (2.9 percent vs 2.8 percent) and construction (4.1 percent vs 3.5 percent). On the other hand, output growth slowed for mining (7.4 percent vs 12.1 percent); transport and communications (5.9 percent vs 6.5 percent); manufacturing (3.6 percent vs 4.4 percent); social services (3.3 percent vs 3.6 percent) and agriculture (3.0 percent vs 3.1 percent). On a quarterly basis, the GDP advanced 2.4 percent, after contracting 1.5 percent in the first quarter of the year. GDP Annual Growth Rate in Botswana averaged 4.74 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
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 10:00 AM GDP Growth Rate YoY 5.3% 4.8% 4.6%
2018-12-28 10:00 AM GDP Growth Rate YoY 5.3% 4.5%


Botswana GDP Last Previous Highest Lowest Unit
GDP Growth Rate 2.40 -1.50 13.40 -13.80 percent [+]
GDP Annual Growth Rate 5.30 4.80 18.20 -10.40 percent [+]
GDP 17.41 15.65 17.41 0.03 USD Billion [+]
GDP Constant Prices 24099.00 23549.50 24099.00 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 384.30 368.40 432.80 182.80 BWP Million [+]
GDP From Construction 1821.20 1776.20 1821.20 553.40 BWP Million [+]
GDP From Manufacturing 1411.50 1340.90 1438.00 617.60 BWP Millon [+]
GDP From Mining 2628.00 2477.60 5023.00 2011.20 BWP Million [+]
GDP From Public Administration 3075.60 3030.00 3075.60 1790.20 BWP Million [+]
GDP From Services 5310.20 5075.60 5528.30 1297.10 BWP Million [+]
GDP From Transport 1482.20 1447.40 1482.20 396.50 BWP Million [+]
GDP From Utilities 170.10 164.40 236.70 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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.30 4.80 18.20 -10.40 1995 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 8.20 Jun/18
China 6.70 Jun/18
Indonesia 5.27 Jun/18
Turkey 5.20 Jun/18
Australia 3.40 Jun/18
Switzerland 3.40 Jun/18
Netherlands 3.10 Jun/18
United States 2.90 Jun/18
South Korea 2.80 Jun/18
Mexico 2.60 Jun/18
Singapore 2.60 Sep/18
Spain 2.50 Jun/18
Euro Area 2.10 Jun/18
Germany 2.00 Jun/18
Canada 1.90 Jun/18
Russia 1.90 Jun/18
France 1.70 Jun/18
Saudi Arabia 1.61 Jun/18
Italy 1.20 Jun/18
United Kingdom 1.20 Jun/18
Brazil 1.00 Jun/18
Japan 1.00 Jun/18
South Africa 0.40 Jun/18
Argentina -4.20 Jun/18


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