Botswana’s Current Account Surplus To Widen In 2024 On Stronger Exports
Country Risk / Botswana / Mon 22 Apr, 2024
Key View
- We expect that Botswana’s current account surplus will widen to 1.1% of GDP in 2024, from an estimated 0.4% in 2023.
- Recovering global demand for diamonds will provide tailwinds to exports in 2024, prompting a widening of the trade surplus.
- Risks to Botswana’s external position will remain limited given robust reserves and minimal external