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Analysis by Region - Emerging Markets - Botswana

Publisher Oxford Economics
Published Feb 14, 2025
Length 6 Pages
SKU # OFE19846969

Description

After a poor performance in the first half of last year, Botswana’s diamond industry continued to disappoint in Q3 2024, declining by 14.8% q/q. Although De Beers' latest production report indicates that Botswana’s diamond output rose in the final quarter of 2024, the production guidance for 2025 was lowered significantly. Based on these developments, we forecast Botswana's overall diamond production to decline by a further 11.7% in 2025, compared with an estimated 26.6% drop in output in 2024. Lower diamond output will put pressure on Botswana's economic growth, fiscal balance, and current account in 2025.

Table of Contents

6 Pages
Botswana: Dwindling diamond sector dims economic outlook
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

Pricing

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