Botswana - Economic Forecasts - 2018-2020 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Growth Rate -0.90 1.4 1.4 0.5 1.3 1.18 percent
Unemployment Rate 17.60 18.7 18.5 18.3 18.1 17.9 percent
Inflation Rate 3.20 4 4 4 4.3 5 percent
Interest Rate 5.00 5 5 5 5 4.75 percent
Balance of Trade -1006.00 89.84 130 121 144 169 BWP Million
Government Debt to GDP 23.00 17 17 21.3 17 10 percent
MARKETS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Stock Market 8759.24
points
8729 8643 8559 8475 7832
Currency 9.77
10.01 10.26 10.52 10.78 11.89
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Growth Rate -0.90
percent
1.4 1.4 0.5 1.3 1.18
GDP Annual Growth Rate 1.20
percent
3.2 3.5 3.8 3.8 5.5
GDP 15.27
USD Billion
14.4 15.1 15.8 16.5 15.9
GDP Constant Prices 22689.20
BWP Million
22552 22556 22541 22514 22318
Gross Fixed Capital Formation 31669.70
BWP Million
31341 31294 31247 31200 30846
GDP per capita 7383.30
USD
7397 7398 7399 7399 7234
GDP per capita PPP 15513.40
USD
15534 15522 15510 15498 15008
GDP From Agriculture 380.00
BWP Million
348 363 371 355 349
GDP From Construction 1754.00
BWP Million
1757 1757 1750 1746 1700
GDP From Manufacturing 1430.40
BWP Millon
1378 1387 1387 1381 1363
GDP From Mining 2535.00
BWP Million
2622 2683 2750 2811 3109
GDP From Public Administration 3024.10
BWP Million
2947 2954 2980 2961 2943
GDP From Services 4287.80
BWP Million
4372 4067 4088 4078 3692
GDP From Transport 1452.30
BWP Million
1456 1475 1476 1475 1461
GDP From Utilities 98.30
BWP Million
124 185 137 178 171
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 17.60
percent
18.7 18.5 18.3 18.1 17.9
Population 2.25
Million
2.24 2.25 2.26 2.27 2.31
Wages 6052.00
BWP/Month
5993 5977 5962 5950 5854
Employed Persons 404557.00
401923 401196 400448 399720 394762
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 3.20
percent
4 4 4 4.3 5
Consumer Price Index CPI 103.70
Index Points
104 104 105 105 104
Core Consumer Prices 103.00
Index Points
103 103 102 102 95.67
Core Inflation Rate 2.30
percent
2.31 2.39 2.44 2.49 3.07
Food Inflation 1.10
percent
0.94 1.64 2.52 3.35 7.19
Inflation Rate Mom 0.40
percent
0.44 0.48 0.49 0.49 0.49
CPI Transportation 104.30
Index Points
106 106 106 105 102
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 5.00
percent
5 5 5 5 4.75
Banks Balance Sheet 85111.60
BWP Million
84980 84916 84849 84783 84260
Deposit Interest Rate 2.10
percent
2.98 2.9 2.81 2.73 5.01
Loans To Private Sector 21263.35
BWP Million
21337 21316 21277 21233 20873
Money Supply M1 17268.55
BWP Million
16923 16762 16604 16451 15379
Money Supply M2 75816.81
BWP Million
75567 75359 75083 74796 72601
Money Supply M3 75816.81
BWP Million
75567 75359 75083 74796 72601
Foreign Exchange Reserves 7779.00
USD Million
7666 7666 7653 7635 7508
Central Bank Balance Sheet 82666.69
BWP Million
80987 80594 79948 79246 74686
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -1006.00
BWP Million
89.84 130 121 144 169
Exports 4791.70
Million BWP
5180 5221 5253 5277 5343
Imports 5797.70
BWP Million
5253 5234 5219 5209 5184
Current Account 7113.20
BWP Million
4922 3907 4159 3681 2414
Current Account to GDP 3.60
percent
-0.5 -0.5 2.6 -0.5 3
Terrorism Index 0.00
0 0 0 0 0
Foreign Direct Investment 225.14
BWP Million
844 820 816 801 827
External Debt 17059.60
BWP Million
17224 16676 16129 15581 10261
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 23.00
percent
17 17 21.3 17 10
Government Budget -1.10
percent of GDP
-3.63 -3.23 -2.83 -2.44 2.16
Government Spending 18459.60
BWP Million
17724 17641 17558 17475 14713
Government Debt 26216.40
BWP Million
24087 25274 26460 27646 25194
Military Expenditure 535.80
USD Million
486 542 597 653 742
Government Budget Value 116.30
BWP Million
-67.62 171 458 492 356
Government Revenues 15775.90
BWP Million
14395 12676 13537 12432 12252
Fiscal Expenditure 15659.60
BWP Million
14427 13884 14049 13817 13423
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Changes in Inventories -5990.90
BWP Million
-506 733 1973 3212 3339
Internet Speed 2552.88
KBps
2527 2468 2463 2439 2207
IP Addresses 10680.00
IP
13105 14161 15205 16173 19682
Mining Production 23.00
percent
9.14 13 9.67 10.13 9.83
Industrial Production 4.20
percent
6.24 4.65 0.71 -0.92 0
Competitiveness Index 4.30
Points
4.2 4.2 4.2 4.2 4.23
Competitiveness Rank 63.00
69 69 69 69 70
Business Confidence 46.00
Index Points
67 67 46.16 69 74
Corruption Index 60.00
Points
60 60 60 59 59
Corruption Rank 35.00
30 31 32 33 33
Ease of Doing Business 81.00
77 76 74 72 75
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Spending 10643.80
BWP Million
10379 10364 10397 10378 10266
Consumer Credit 32674.86
BWP Million
33726 34059 34244 34329 33714
Bank Lending Rate 6.50
percent
6.06 5.95 5.95 6.01 7.14
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Corporate Tax Rate 22.00
percent
22 22 22 22 23
Personal Income Tax Rate 25.00
percent
25 25 25 25 25
Sales Tax Rate 12.00
percent
12 12 12 12 11
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Temperature 18.51
celsius
25.34 18.4 18.29 25.68 22.41