Botswana Economic Growth Insights 2024
Explore the latest data on Botswana's real GDP growth, sector-wise performance, and contributions to economic growth from 2014 to 2024. Gain valuable insights into the economic landscape of Botswana for strategic decision-making.
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Presentation Transcript
Bank of Botswana Data Chart Packs National Output (Last Update: December 2024) 1
CONTENTS 1 Real GDP growth, 2015 2024 2 Real GDP growth by sector, 2023 2024 3 Contribution to Real GDP growth by sector, 2023 2024 2 Tel: +267 3606000 | www.bankofbotswana.bw
REAL GDP GROWTH, 2014 2024 (PERCENT) 29.8 30.0 21.1 20.0 17.8 11.9 10.4 10.0 8.4 7.6 7.2 6.9 6.7 6.3 6.0 5.7 5.5 2.9 4.2 4.1 3.2 3.0 0.3 0.3 0.0 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -2.1 -2.2 -3.0 -0.3 -3.7 -4.2 -4.9 -10.0 -8.7 -15.3 -17.9 -20.0 -24.1 -26.5 -30.0 Total GDP Non-Mining Mining Linear ( Total GDP ) Linear ( Non-Mining ) Linear ( Mining ) 3 Tel: +267 3606000 | www.bankofbotswana.bw
REAL GDP GROWTH BY SECTOR, 2023 2024 (PERCENT) 3.2 3.5 Total GDP -3. Other services 4. 3.6 Human Health & social work 5. 6.6 Education 5.4 4.9 5.2 Public Administration & Defence 4.6 4.9 4.2 Administrative & Support Activities 3.3 Professional, Scientific & Technical Activities 5.4 Real Estate Activities 3.6 6.7 Finance, Insurance & Pension Funding 4.1 3.9 3.6 Information & Communication Technology 4.7 4.4 Accommodation & Food Services 3.8 Transport and Storage 1.7 -26.8 -34.1 Diamond Traders 4.5 Wholesale & Retail 5.8 3.3 Construction 1.5 -14.3 Water and Electricity 20.2 1.9 Manufacturing -2.5 1.8 Agriculture, Forestry & Fishing -0.3 3.3 Non-Mining 2.8 -24.1 2.9 Mining & Quarrying 2023 2024 -35 -10 15 4 Tel: +267 3606000 | www.bankofbotswana.bw
CONTRIBUTION TO REAL GDP GROWTH BY SECTOR, 2022 - 2023 (PERCENTAGE POINTS) -3.0 Total GDP 3.2 0.1 Other services 0.1 0.2 Human Health & Social Work 0.1 0.3 Education 0.3 0.9 Public Administration & Defence 0.8 0.1 Administrative & Support Activities 0.1 0.1 Professional, Scientific & Technical Activities 0.1 0.2 Real Estate Activities 0.3 0.2 Finance, Insurance & Pension Funding 0.3 0.1 Information & Communication Technology 0.1 0.1 Accommodation & Food Services 0.1 0.0 Transport & Storage 0.1 -0.7 Diamond Traders -0.8 0.6 Wholesale & Retail 0.5 0.1 Construction 0.3 0.2 Water & Electricity -0.2 -0.1 Manufacturing 0.1 0.0 Agriculture, Forestry & Fishing 0.0 2.2 Non-Mining 2.6 -5.2 Mining & Quarrying 0.6 -6 -4 -2 0 2 2024 2023 5 Tel: +267 3606000 | www.bankofbotswana.bw
