Botswana | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Botswana including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Botswana economy.


Overview Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Growth Rate 0.20 1.2 1.59 0.82 1.93 1.18 percent [+]
Unemployment Rate 17.60 18.47 18.2 18 17.8 17.3 percent [+]
Inflation Rate 3.40 3.7 3.9 4 4 5 percent [+]
Interest Rate 5.50 5 5 5 5 4.75 percent [+]
Balance of Trade 1134.50 627 677 740 714 718 BWP Million [+]
Government Debt to GDP 22.80 20 20 17 17 10 percent [+]
MARKETS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Currency 10.18 10.02 9.92 9.82 9.72 8.6 [+]
Stock Market 8967.97 9150 9060 8970 8870 7860 points [+]
GDP Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Growth Rate 0.20 1.2 1.59 0.82 1.93 1.18 percent [+]
GDP Annual Growth Rate 0.80 5 5 4.9 4.8 5.5 percent [+]
GDP 15.27 16.16 16.94 16.64 16.35 16.97 USD Billion [+]
GDP Constant Prices 22466.40 23054 23207 23331 23515 25321 BWP Million [+]
Gross Fixed Capital Formation 31669.70 32011 32061 32462 32863 35099 BWP Million [+]
GDP per capita 7383.30 7395 7390 7373 7356 7340 USD [+]
GDP per capita PPP 15513.40 15565 15553 15520 15487 15469 USD [+]
GDP From Agriculture 347.50 364 361 351 360 359 BWP Million [+]
GDP From Construction 1716.50 1721 1720 1721 1720 1720 BWP Million [+]
GDP From Manufacturing 1272.30 1322 1317 1297 1296 1290 BWP Millon [+]
GDP From Mining 2208.70 2373 2360 2309 2335 2341 BWP Million [+]
GDP From Public Administration 2932.90 3013 2997 3016 3047 3238 BWP Million [+]
GDP From Services 5105.70 5131 5298 5363 5355 5563 BWP Million [+]
GDP From Transport 1342.80 1406 1421 1412 1420 1538 BWP Million [+]
GDP From Utilities 112.10 133 172 155 162 158 BWP Million [+]
LABOUR Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 17.60 18.47 18.2 18 17.8 17.3 percent [+]
Population 2.25 2.26 2.27 2.28 2.29 2.38 Million [+]
Employed Persons 406982.00 404830 405211 405333 405290 405194 [+]
Wages 5916.00 5957 6044 6086 6165 6691 BWP/Month [+]
PRICES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate 3.40 3.7 3.9 4 4 5 percent [+]
Consumer Price Index CPI 103.10 103 104 105 106 114 Index Points [+]
Core Consumer Prices 102.90 103 104 104 104 105 Index Points [+]
Core Inflation Rate 3.30 3.4 3.3 3.37 3.32 3.34 percent [+]
Food Inflation 3.80 4.25 4.29 4.29 4.3 4.3 percent [+]
Inflation Rate Mom 0.10 0.31 0.33 0.33 0.33 0.33 percent [+]
CPI Transportation 101.60 101 101 101 101 101 Index Points [+]
MONEY Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Interest Rate 5.50 5 5 5 5 4.75 percent [+]
Banks Balance Sheet 82052.10 82640 84102 85403 86693 99708 BWP Million [+]
Deposit Interest Rate 2.10 2.27 2.21 2.19 2.17 2.31 percent [+]
Loans To Private Sector 21146.73 21359 21586 21811 22031 24019 BWP Million [+]
Money Supply M1 15593.24 15500 15464 15471 15468 15468 BWP Million [+]
Money Supply M2 65443.36 65652 66010 66074 66095 66105 BWP Million [+]
Money Supply M3 65443.36 65652 66010 66074 66095 66105 BWP Million [+]
Foreign Exchange Reserves 7287.00 7403 7432 7447 7444 7442 USD Million [+]
Central Bank Balance Sheet 75455.73 75598 75976 76202 76296 76365 BWP Million [+]
TRADE Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade 1134.50 627 677 740 714 718 BWP Million [+]
Exports 5381.70 5112 5150 5198 5229 5337 Million BWP [+]
Imports 4247.30 4368 4697 4456 4653 4575 BWP Million [+]
Current Account 10873.06 5520 7839 6453 5890 6124 BWP Million [+]
Current Account to GDP 3.60 2.1 2.1 -0.5 -0.5 3 percent [+]
Terrorism Index 0.00 0 0 0 0 0 [+]
Foreign Direct Investment 155.88 980 933 853 554 695 BWP Million [+]
External Debt 18003.70 18178 18121 18374 18628 21495 BWP Million [+]
GOVERNMENT Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 22.80 20 20 17 17 10 percent [+]
Government Budget 0.20 1.47 0.56 0.62 0.68 1.16 percent of GDP [+]
Government Spending 18459.60 18609 18663 18857 19052 21255 BWP Million [+]
Government Debt 26216.40 27998 29095 29707 30318 33856 BWP Million [+]
Military Expenditure 535.80 637 703 724 746 887 USD Million [+]
Government Budget Value -1342.00 -582 -573 -571 -570 -570 BWP Million [+]
Government Revenues 13294.00 15101 13987 14883 14163 14448 BWP Million [+]
Fiscal Expenditure 14636.00 15684 16085 16339 16453 19222 BWP Million [+]
BUSINESS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Changes in Inventories -5990.90 -4535 -6337 -6259 -6182 -6054 BWP Million [+]
Industrial Production -21.00 -23.29 -12.48 -3.32 -7.38 -12.52 percent [+]
Mining Production -14.40 -12.76 -12.42 -12.34 -12.52 -12.43 percent [+]
Competitiveness Index 4.29 4.16 4.16 4.18 4.19 4.19 Points [+]
Competitiveness Rank 64.00 70 70 70 70 72 [+]
Business Confidence 48.00 55 55 67 67 74 percent [+]
Corruption Index 60.00 60 59 59 59 59 Points [+]
Corruption Rank 35.00 33 34 34 35 36 [+]
Ease of Doing Business 71.00 80 82 81 80 88 [+]
CONSUMER Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Spending 10244.60 10407 10581 10672 10742 11924 BWP Million [+]
Consumer Credit 31328.04 31766 32201 32629 33050 36870 BWP Million [+]
Bank Lending Rate 7.00 7 7 7 7 7 percent [+]
TAXES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Corporate Tax Rate 22.00 22 22 22 22 22 percent [+]
Personal Income Tax Rate 25.00 25 25 25 25 25 percent [+]
Sales Tax Rate 12.00 12 12 12 12 12 percent [+]