FX.co ★ Botswana's GDP Contracts by 0.9% in the Fourth Quarter of 2023

Botswana's Gross Domestic Product (GDP) faced a contraction of 0.9% in the fourth quarter of 2023, marking a significant decline from the 0.9% growth reported in the previous quarter. The data, which was updated on March 28, 2024, indicates a challenging economic environment for the country in the final months of last year.

The negative growth in Botswana's GDP highlights potential economic challenges that the country may be facing, possibly influenced by various internal and external factors. Analysts will closely monitor future economic indicators to assess the trajectory of Botswana's economy and potential strategies for recovery and growth in the coming quarters.