Botswana

Botswana Economic Outlook

  • In 2012, Botswana’s economy was adversely affected by the global slowdown, which led to a decline in the country’s major export commodity, diamonds; real GDP registered lower growth at 5.8%; and short-term prospects indicated a further slowdown with growth expected to decelerate to 5.6% in 2013 and to 5.5% in 2014.

Botswana and the AfDB

Cooperation between the African Development Bank) and Botswana dates back to 1972. As of October 2012, the Bank had financed 50 operations (41 loan projects, seven institutional support operations, and two studies) valued at approximately US $2.1 billion. Bank-funded projects are primarily in the areas of infrastructure (power, transport, water and sanitation, communication), agriculture, finance and multi-sector.

Contacts

Southern Africa Resource Center (SARC)

African Development Bank Group
339 Witch-Hazel Avenue
Highveld Ext. 78
Centurion, South Africa

Tel: +27 12 003 6900

Mr. Ebrima Faal, RRC Director





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Key Facts

Flag:
Capital: Gaborone
Area: 582,000 sq km
Total Population 2012: 2.1 Million
Urban Population 2012: 62.54%
Female Population 2012: 49.46%
GDP: US$ 14.8 Billion
GNI Per Capita 2012: US$ 7,480
Inflation Rate: 7.20%
Crude Birth Rate (per 1000): 23.00%
Human Development Index (rank / 187): 119
Human Development Index (scale 0 to 1): 0.634
Membership Date: 31/03/1972
Cumulative Approvals (1967-2012): UA 1.5 Billion

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