Industry Sector Contribution to GDP in Botswana (1990-2022)

Industry Sector Contribution to GDP in Botswana (1990-2022)

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TGM StatBox. (2024). Industry Sector Contribution to GDP in Botswana (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Botswana
Published date: 2024
Note: Industry (% of GDP), according to World Development Indicators, measures the contribution of the industrial sector to a country's Gross Domestic Product (GDP). This metric reflects the economic significance of manufacturing, mining, construction, and utilities, indicating the value generated by industrial activities relative to the overall economy.
Key Takeaways
Botswana’s industry sector has seen varied contributions, with a high of 56.9% in 1990, driven by diamond mining, its primary revenue source. Economic diversification attempts led to a decrease, bottoming at 26.7% in 2020. Recovery efforts, including renewed mining operations, increased contributions to 37.4% by 2022. Botswana’s dependency on mining highlights its economic sensitivity to commodity price changes, yet recent growth reflects resilience and strategic mining investments.

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