Botswana PIB - Tasa de crecimiento anual

The Botswana GDP shrank by 4.3% year-on-year in Q3 of 2024, much steeper than a downwardly revised 0.4% decline in Q2. It marked the third consecutive quarter of economic contraction, with mining & quarrying activity deteriorating sharply (-27.2% vs -16.6% in Q2). Also, diamond trading slumped (-75.6% vs -10.6%), with the diamond real value added significantly falling (-29.4%). Further, there were declines in output for agriculture, forestry & fishing (-2.1% vs 0.4%), manufacturing (-1.7% vs 1.1%), and transport & storage (-0.8% vs 2.8%). On the other hand, the non-mining GDP grew by 4.4%, driven by stronger output of utilities (28.6% vs 26.1%), wholesale & retail (7.5% vs 4.4%), public administration (5.3% vs 5.3%), education (5.7% vs 5.3%), and accommodation & food services (5.4% vs 4.5%). Quarterly, the GDP declined by 2.9%, the steepest decline since Q2 of 2023 and an upswing from a 1.4% growth in Q2.