Botswana’s GDP shrinks for third consecutive quarter

The Gross Domestic Product (GDP), which is an aggregate measure of the value of goods and services produced within the country, has been negative for three consecutive quarters in 2024, as Botswana’s economic mainstay sectors remained subdued.

Data from Statistics Botswana released recently, showed that the main sectors of economic activity struggled to stay afloat into the third quarter with most of them contracting due to subdued demand and weak economic activity.