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 Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate -1.50 1.5 1.3 1.3 1.4 1.6 percent
Unemployment Rate 18.10 17.6 17.4 17.37 17.35 17.1 percent
Inflation Rate 3.00 3.4 3.7 3.5 3.3 5 percent
Interest Rate 5.00 5 5 5 5 4.75 percent
Balance of Trade 2425.30 -445 47.28 -36.86 105 569 BWP Million
Government Debt to GDP 22.30 17 17 14 14 10 percent
MARKETS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Stock Market 8124.98
points
8125 8111 8097 8083 8028
Currency 10.74
10.77 10.86 10.96 11.06 11.46
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate -1.50
percent
1.5 1.3 1.3 1.4 1.6
GDP Annual Growth Rate 4.80
percent
4.5 4.5 4.7 4.9 5.5
GDP 17.41
USD Billion
17.5 17.5 17.6 17.6 17.7
GDP Constant Prices 23549.50
BWP Million
23170 24972 24656 24015 27636
Gross Fixed Capital Formation 28704.90
BWP Million
32382 29997 30054 33222 33197
GDP per capita 7523.22
USD
7760 7760 7880 7880 8000
GDP per capita PPP 15807.37
USD
15900 15900 16200 16200 16500
GDP From Agriculture 368.40
BWP Million
389 393 386 392 435
GDP From Construction 1776.20
BWP Million
1793 1852 1860 1836 2050
GDP From Manufacturing 1340.90
BWP Millon
1495 1503 1404 1494 1663
GDP From Mining 2477.60
BWP Million
2564 2482 2594 2567 2747
GDP From Public Administration 3030.00
BWP Million
3092 3153 3172 3134 3489
GDP From Services 5075.60
BWP Million
4382 5777 5314 5121 6393
GDP From Transport 1447.40
BWP Million
1485 1516 1515 1468 1678
GDP From Utilities 168.90
BWP Million
101 152 177 193 168
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 18.10
percent
17.6 17.4 17.37 17.35 17.1
Population 2.29
Million
2.31 2.32 2.33 2.34 2.44
Wages 6216.00
BWP/Month
6350 6400 6480 6562 6500
Employed Persons 410329.00
407447 407711 407902 407949 407867
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 3.00
percent
3.4 3.7 3.5 3.3 5
Consumer Price Index CPI 106.20
Index Points
107 108 108 110 116
Core Consumer Prices 104.50
Index Points
105 105 106 106 108
Core Inflation Rate 1.60
percent
1.7 1.6 1.5 1.4 1.7
Food Inflation -1.30
percent
-0.2 0.5 0.8 1.2 2.25
Inflation Rate Mom 0.00
percent
0.27 0.3 0.29 0.29 0.29
Cpi Housing Utilities 109.00
Index Points
110 111 112 113 123
CPI Transportation 109.20
Index Points
105 108 109 113 117
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 5.00
percent
5 5 5 5 4.75
Banks Balance Sheet 84356.20
BWP Million
85504 86571 87698 88803 99797
Deposit Interest Rate 1.46
percent
1.46 1.46 1.46 1.46 1.21
Lending Rate 6.50
percent
6.5 6.5 6.5 6.5 6.5
Loans To Private Sector 22835.74
BWP Million
23193 23560 23928 24295 27965
Money Supply M1 16401.21
BWP Million
16277 16219 16232 16230 16230
Money Supply M2 72854.67
BWP Million
72722 72747 72822 72825 72828
Money Supply M3 72854.67
BWP Million
72722 72747 72822 72825 72828
Foreign Exchange Reserves 7385.00
USD Million
7243 7231 7255 7247 7255
Central Bank Balance Sheet 74960.34
BWP Million
75977 75947 75949 75984 75996
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 2425.30
BWP Million
-445 47.28 -36.86 105 569
Exports 6553.10
Million BWP
4311 4498 4676 4808 5277
Imports 4127.80
BWP Million
4757 4698 4713 4702 4708
Current Account 2619.02
BWP Million
3012 4731 2957 3518 3813
Current Account to GDP 12.00
percent
-0.5 -0.5 1.8 1.8 3
Terrorism Index 0.00
0 0 0 0 0
Foreign Direct Investment 1093.13
BWP Million
1621 685 1744 716 1023
External Debt 16659.30
BWP Million
16561 15924 15818 15711 15234
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 22.30
percent
17 17 14 14 10
Government Budget -0.10
percent of GDP
-2.3 -2.3 -1.5 -1.5 -0.5
Government Spending 19349.00
BWP Million
18875 20220 20258 19364 22377
Government Debt 26977.00
BWP Million
27661 27615 27501 27387 27183
Military Expenditure 486.96
USD Million
457 428 413 397 334
Government Budget Value -379.40
BWP Million
352 -324 736 -336 185
Government Revenues 13044.20
BWP Million
14910 13855 14796 14048 14308
Fiscal Expenditure 13523.40
BWP Million
14557 14192 14060 14384 14124
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Changes in Inventories -2215.60
BWP Million
-3746 -4473 -4466 -4459 -5512
Internet Speed 2552.88
KBps
3335 3483 3609 3725 4770
IP Addresses 10680.00
IP
9011 9066 9004 9042 9026
Mining Production 12.60
percent
8.63 6.89 7.64 7.36 7.43
Industrial Production 11.70
percent
-3.77 -1.15 -5.58 0.38 -0.06
Competitiveness Index 4.30
Points
4.23 4.23 4.28 4.29 4.29
Competitiveness Rank 63.00
68 68 65 64 64
Business Confidence 46.00
Index Points
46.01 69 46.06 45.98 74
Corruption Index 61.00
Points
61 61 61 61 61
Corruption Rank 34.00
34 34 35 36 36
Ease of Doing Business 81.00
78 77 79 81 89
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Spending 10925.60
BWP Million
10883 11278 11439 10644 12482
Consumer Credit 33604.88
BWP Million
34104 34592 35075 35554 40077
Bank Lending Rate 6.50
percent
6.5 6.5 6.5 6.5 6.25
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Corporate Tax Rate 22.00
percent
22 22 22 22 22
Personal Income Tax Rate 25.00
percent
25 25 25 25 25
Sales Tax Rate 12.00
percent
12 12 12 12 12
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 18.51
celsius
18.29 25.68 25.39 22.61 22.41