Botsuana BIP Veränderung zum Vorjahr

The economy of Botswana shrank by 5.3% year-on-year in Q1 2024, the first decline since Q4 2020, contrasting with a 1.9% rise in the previous three-month period. This downturn was primarily influenced by declines in activities such as diamond traders (-46.8%); mining & quarrying (-24.8%); water & electricity (-10.7%); and manufacturing (-0.8%). Conversely, all other industries experienced positive growth rates of 0.5% and above. On a quarterly basis, the GDP fell by 1.8% in Q1, following a 0.9% decrease in the last quarter of 2023.