The Gross Domestic Product (GDP) in Botswana contracted 24.80 percent in the second quarter of 2020 over the previous quarter.
GDP Growth Rate in Botswana averaged 0.98 percent from 1994 until 2020, reaching an all time high of 13.40 percent in the second quarter of 1997 and a record low of -24.80 percent in the second quarter of 2020. This page provides the latest reported value for - Botswana GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Botswana GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
GDP Growth Rate in Botswana is expected to be 0.60 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 0.70 in 12 months time. In the long-term, the Botswana GDP Growth Rate is projected to trend around 1.40 percent in 2021 and 2.00 percent in 2022, according to our econometric models.