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Analysis by Region - Emerging Markets - Botswana

Publisher Oxford Economics
Published Oct 24, 2025
Length 7 Pages
SKU # OFE20535929

Description

Botswana's diamond-dependent economy continues to take flak. We've slashed our 2025 real GDP growth forecast deeper into contractionary territory, while a more muted turnaround is predicted for 2026. Still, risks to the outlook remain firmly planted on the downside given the ongoing woes in the global diamond industry. We now forecast real GDP to contract by 3.0% this year before growing by 2.1% in 2026.

Table of Contents

7 Pages
Botswana: An economy still in trouble, new development plan sparks doubt
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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