The OECD Interim Economic Outlook provides analysis and GDP growth forecasts for all G20 countries and the world economy as a whole. Published in March and September, these Interim reports provide updates to the projections, analysis and policy recommendations contained in the main Economic Outlooks released in May/June and November/December.

Botswana At-A-Glance. Botswana is located at the center of Southern Africa, positioned between South Africa, Namibia, Zambia, and Zimbabwe. One of the world's poorest countries at independence in 1966, it rapidly became one of the world's development success. Overview.

The Government expects the local economy to shrink by 8.9% this year and bounce back to 7.7% growth in 2021. Botswana's estimated bounce-back of 8.7% for 2021 is the second-highest in sub-Saharan Africa after Mauritius, while the forecast 9.6% contraction for 2020 is the third-worst after Mauritius, Seychelles and Zimbabwe.

Botswana's fiscal deficit is set to widen to 11.3% of GDP in FY2020/21, from 5.6% in FY2019/20, reflecting a sharp decline in mineral revenues, a sticky public sector wage-bill, and the impact of the COVID-19 spending. Similarly, the current account deficit is estimated to have widened to 8 percent of GDP in 2020 following the sharp decline ...

Botswana's economy is forecast to grow by 8.8 percent in 2021, an official said Tuesday. The improvement is premised on conducive financing conditions associated with accommodative monetary policy and a sound financial environment, said Moses Pelaelo, the Bank of Botswana (BoB) Governor when presenting the 2021 monetary policy statement in Gaborone, Botswana…

GABORONE, Feb. 23 (Xinhua) -- Botswana's economy is forecast to grow by 8.8 percent in 2021, an official said Tuesday. The improvement is premised on conducive financing conditions associated with accommodative monetary policy and a sound financial environment, said Moses Pelaelo, the Bank of Botswana (BoB) Governor when presenting the 2021 monetary policy statement in Gaborone, Botswana…

Botswana's estimated bounce-back of 8.7 percent for 2021 is the second highest in sub-Saharan Africa after Mauritius, while the forecast 9.6 percent …

Challenges Facing the Botswana Diamond Industry. Amanda Kay - June 19th, 2018. The Botswana diamond industry is crucial to the country's economic health, but …

World Economic Outlook Update, July 2021: Fault Lines Widen in the Global Recovery July 27, 2021 Description: The global economy is projected to grow 6.0 percent in 2021 and 4.9 percent in 2022.The 2021 global forecast is unchanged from the April 2021 WEO, but with offsetting revisions. Prospects for emerging market and developing economies have been marked down for 2021, …

Botswana now expects economic growth of 9.7% in 2021, compared with the 8.8% forecast in February, helped by higher diamond sales and a recent rebasing of GDP accounts, Finance Minister Peggy ...

Trend gross domestic product (GDP), including long-term baseline projections (up to 2060), in real terms. Forecast is based on an assessment of the economic climate in individual countries and the world economy, using a combination of model-based analyses and expert judgement.

Table 1 : Overview - the summer 2021 forecast. Overall, GDP is now forecast to grow by 4.8% in 2021 and 4.5% in 2022 in both the EU and the euro area. The volume of output is projected to return to its pre-crisis level (2019-Q4) in the last quarter of 2021, which is one quarter earlier than expected in the Spring Forecast for the euro area.

Last month, Botswana lifted its 2021 economic growth forecast to 9.7%, compared with the 8.8% forecast in February, due to higher diamond sales and a recent rebasing of GDP accounts.

The U.S. economy has improved since 2020. This cautiously positive outlook is based on experts' reviews of the key economic indicators, including gross domestic product (GDP), unemployment, and inflation. Analysts also have taken a hard look at interest rates, oil and gas prices, jobs, and the impact of climate change.

The market environment changes frequently. MBA's highly regarded economists provide current economic data that factor into industry business decisions on a daily basis. Our forecasts and commentary help you better understand and analyze different trends and changes in the industry - past and present - to strategize for the future. Be in the know!

The president, Mokgweetsi Masisi, and his Botswana Democratic Party will remain in power throughout the forecast period, with limited risks to political stability. International concerns about poor anti-money-laundering controls will continue to limit the growth of Botswana's private sector in 2022. Botswana's economic growth will accelerate in ...

Botswana's economic outlook for 2020. 21st January 2020. ... Botswana's economy continued to show signs of weakness, as evidenced by its latest Gross Domestic Product (GDP) figures revealing that the diamond dependent economy staggered following slowed growth in key sectors.

Global Economic Outlook: Q2 2021. 4/21/2021. The global economic outlook has shifted upwards significantly since January 2021. As of April, Euromonitor International projects global real GDP growth of 5.9% in 2021 (a 0.8 percentage point upgrade since January) and 4.2% in 2022 (a 0.3 percentage point upgrade since January).

The last Article IV Executive Board Consultation was on May 27, 2021. Listed below are items related to Botswana.

Moreover, travel restrictions significantly affected Botswana's tourism sector, which contributed 5% of GDP directly pre-pandemic.Moody's forecasts the economy …

How Delta changed the summer—and the forecast. The SARS-COV-2 virus surprised us once again. The economic impact, however, is likely to be much less dramatic than the initial phase of the pandemic. Vaccines work against the Delta variant, but with an asterisk. Breakthrough infections (affecting vaccinated people) are possible.

Botswana - Economic Indicators. Until the global recession, Botswana maintained one of the world's highest economic growth rates since independence in 1966. Diamond mining fueled much of the economic expansion and currently accounts for one-quarter of GDP, approximately 85% of export earnings, and about one-third of the government's revenues.

Botswana - Interest Rate Available data suggests that the economy expanded at an accelerated pace in the second quarter, although a low base effect will have flattered the headline reading. Goods exports increased at a stellar pace on average in the quarter, hinting at strengthened private sector activity.

An outlook of the economy in South Africa for 2021. In South Africa, we forecast GDP growth of 4.5% GDP in 2021; only a partial output recovery following the estimated 7.5% contraction last year. South Africa's electricity constraint will curb growth in 2021, after shaving around 1 percentage point off growth in each of the last 2 years. YouTube.

7.4 Botswana Bus Production Forecast, 2005- 2023. 8 Botswana Petroleum Product Demand Outlook 8.1 Botswana Gasoline Consumption Forecast, 2005-2023 8.2 Botswana Diesel Consumption Forecast, 2005-2023. 9 Botswana Automobile Market- Competitor Analysis 9.1 Profiles of Leading Automobile Companies in Botswana 9.1.1 Company A 9.1.2 Company B 9.1.3 ...

South Africa Economic Outlook 2021. South Africa lost a net 1.4 million jobs in 2020 and risks a jobless economic recovery in 2021. Historical linkages between economic and employment growth suggests that, based on our GDP forecasts, South Africa should add more than 400,000 jobs this year. However, the country actually lost nearly 300,000 ...

The economy of Botswana surged 36% year-on-year in the second quarter of 2021, accelerating from a 0.7% rise in the previous period. It was the strongest economic expansion since available records began in 1995, reflecting a low base effect stemming from last year's Covid-19 strict lockdowns and continued efforts to reopen businesses, amidst the continued roll-out of vaccination.

Recent macroeconomic and financial developments Botswana's economy contracted by an estimated 8.9% in 2020, after growing by 3.0% in 2019, as the COVID–19 lockdown and other movement restrictions constrained economic activity. On the supply side, mining output declined significantly, mainly due to falling global demand for diamonds. Nonmining output also shrank, from both the …

The statistic shows the growth in real GDP in Botswana from 2016 to 2019, with projections up until 2026. In 2019, Botswana's real gross domestic product increased by around 3.03 percent compared ...

Botswana - Exports Available data suggests that the economy expanded at an accelerated pace in the second quarter, although a low base effect will have flattered the headline reading. Goods exports increased at a stellar pace on average in the quarter, hinting at strengthened private sector activity.

A World Bank Group Flagship Report 30th anniversary edition Global Economic Prospects JUNE 2021