FX.co ★ Botswana's GDP Surges to 1.9% in Fourth Quarter 2023, Double the Previous Growth Rate

Botswana's economy showed significant growth in the fourth quarter of 2023, with the Gross Domestic Product (GDP) surging to 1.9%. This marked a significant improvement compared to the previous quarter, where the GDP stood at 0.5%. The data, which was updated on 28th March 2024, highlights a strong performance in the country's economic output.

The Year-over-Year comparison reveals the positive trend in Botswana's economy, indicating a robust expansion in the GDP over the same period the previous year. This growth is a promising sign for the country's economic prospects and could indicate a positive trajectory for future quarters. The data reflects the resilience and potential of Botswana's economy despite global economic challenges, positioning the country for continued growth and development in the coming months.