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Analysis by Region - Emerging Markets - Botswana

Publisher Oxford Economics
Published Aug 20, 2025
Length 7 Pages
SKU # OFE20418469

Description

Botswana's economic prospects have become even bleaker as the turmoil in the global diamond industry persists. Diamond output, unsurprisingly, crashed in the second quarter of the year, prompting us to deepen the projected contraction of the landlocked economy to 0.8% this year. What's more, we expect a more muted recovery over the medium term. While Botswana's 'reciprocal' tariff was lowered to 15% from an initial 37%, the move has not materially altered our view of Botswana's economy.

Table of Contents

7 Pages
Botswana: US policies to keep diamond economy in the doldrums
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

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