Tentative recovery meets drag as economy shrinks

Botswana’s economy showed signs of stabilizing in the first quarter of 2025, but key weaknesses—particularly in diamond trading and utilities—continue to slow recovery. Statistics Botswana data shows that real GDP contracted by 0.3 percent year-on-year, an improvement from the 5.2 percent fall recorded in the first quarter of 2024. The performance hints at a possible bottoming-out after last year’s 3 percent annual decline.

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