Botswana GDP Growth RateBotswana GDP Growth RateBotswana GDP Growth Rate

Botswana GDP Growth Rate

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Key data points


Last release
Observation period
Q3 2024
Next release
Forecast
Highest
31.00% on Sep 30, 2020
Lowest
−30.70% on Mar 31, 2009

About Botswana GDP Growth Rate


Category
GDP
Frequency
Quarterly
Units
%
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 in recent years. 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.