Botswana GDP up 1.2 percent q/q in second quarter

  • Botswana's economy grew by 1.2 percent quarter-on-quarter in the second quarter of this year after rising by a similar percentage in the previous quarter, according to date released by the Central Statistics Office on Tuesday.

    On a year-on-year basis, growth stood at 8.4 percent in the second quarter compared with a revised 6.7 percent in the previous quarter.

    The statistics agency revised annual growth for 2011 to 8 percent compared with 8.1 percent for 2010.

    It also adjusted the base year for the GDP data to 2006 from the previous 1993/94.