1887

Small States

Economic Review and Basic Statistics, Volume 18

image of Small States

This unique annual collection of key economic and statistical data on states with fewer than five million inhabitants is an essential reference for economists, planners and policy-makers. The Commonwealth’s definition of small states is those with a population of one and a half million or less. For comparison purposes this volume presents, where available, data on states with a population of up to five million.



This volume contains 17 tables covering development indicators and an article focusing on the reform of overseas development assistance (ODA) and Post-2015 financing for development (FFD) in small states.

English

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Country Analysis

Real GDP growth in 2013 was estimated at 5.9 per cent compared with 4.2 per cent in 2012. This increase was mainly attributable to an 11 per cent growth in the mining sector following a 7 per cent contraction in 2012 (Bank of Botswana 2013). Real GDP is estimated to have risen by 4.4 per cent in 2014, driven primarily by diamond production and other value-added activity. However, uncertain external issues affecting the country’s mining sector, such as Botswana potentially losing its preferential trade access to the EU market, could threaten economic growth. On the domestic front, problems in energy and water supply could also dampen the estimated GDP of Botswana, as they hamper the performance of the nonmineral sector (IMF 2014a).

English

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