Markets Actual Q4 Q1 Q2 Q3 2022
Stock Market (points) 6928.18 6885 6849 6815 6780 6711
Currency 11.14 11.23 11.29 11.36 11.43 11.56

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 0.20 2.2 1.8 2 2.3 3
GDP Annual Growth Rate (%) 36.00 6 5 4.3 3.9 4.3
Unemployment Rate (%) 23.30 24 22.7 22.7 22.7 22.7
Inflation Rate (%) 8.40 8 6.7 5 4.6 4
Interest Rate (%) 3.75 3.75 3.75 3.75 3.25 3.25
Balance of Trade (BWP Million ) 373.20 255 1100 1100 1100 1100
Current Account (BWP Million ) 4727.44 -2000 -2000 -2000 -2000 -2000
Current Account to GDP (% of GDP) -11.20 -5 -3.7 -3.7 -3.7 -3.7
Government Debt to GDP (% of GDP) 18.20 22.4 26.8 26.8 26.8 26.8
Government Budget (% of GDP) -5.60 -3.7 -4 -4 -4 -4
Corporate Tax Rate (%) 22.00 22 22 22 22 22
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 0.20 2.2 1.8 2 2.3 3
GDP Annual Growth Rate (%) 36.00 6 5 4.3 3.9 4.3
GDP (USD Billion) 15.78 17 17 18.5 18.5 18.5
GDP Constant Prices (BWP Million) 24264.40 28035 25720 25478 25308 26826
Gross Fixed Capital Formation (BWP Million) 10966.20 12397 10981 11438 11394 12930
GDP per capita (USD) 7306.50 7200 7200 7200 7200 7500
GDP per capita PPP (USD) 16040.01 17250 17250 17250 17250 17500
GDP From Agriculture (BWP Million) 791.30 838 822 825 822 874
GDP From Construction (BWP Million) 4149.70 4503 4608 4328 4312 4696
GDP From Manufacturing (BWP Millon) 2425.60 2551 2522 2530 2520 2661
GDP From Mining (BWP Million) 10215.00 8401 9347 10654 10613 8762
GDP From Public Administration (BWP Million) 7917.50 8497 8117 8258 8226 8862
GDP From Services (BWP Million) 5090.40 6128 5396 5345 5309 5628
GDP From Transport (BWP Million) 775.20 854 862 809 805 891
GDP From Utilities (BWP Million) 392.30 435 532 409 408 454

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 23.30 24 22.7 22.7 22.7 22.7
Population (Million) 2.37 2.37 2.37 2.37 2.37 2.41
Employed Persons 477716.00 446000 446000 446000 446000 446000
Wages (BWP/Month) 5392.00 6500 6500 6500 6500 6500

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 8.40 8 6.7 5 4.6 4
Consumer Price Index CPI (points) 112.30 113 113 116 117 117
Core Consumer Prices (points) 112.70 110 111 116 117 114
Core Inflation Rate (%) 7.10 3.6 3.3 3.5 3.5 3.5
Food Inflation (%) 6.40 5 4.3 3.4 3.2 3.4
Inflation Rate Mom (%) 0.50 0.8 0.5 0.4 0.6 0.6
CPI Transportation (points) 114.00 115 115 116 117 117

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 3.75 3.75 3.75 3.75 3.25 3.25
Banks Balance Sheet (BWP Million) 108683.90 110000 112000 114000 115500 110000
Deposit Interest Rate (%) 1.48 1.48 1.48 1.48 0.98 0.98
Lending Rate (%) 5.25 6.25 6.25 6.25 6.25 6.25
Central Bank Balance Sheet (BWP Million) 52240.30 79500 79500 79500 79500 79700

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (BWP Million ) 373.20 255 1100 1100 1100 1100
Current Account (BWP Million ) 4727.44 -2000 -2000 -2000 -2000 -2000
Current Account to GDP (% of GDP) -11.20 -5 -3.7 -3.7 -3.7 -3.7
Imports (BWP Million) 7232.00 5800 5800 5800 5800 5800
Exports (Million BWP) 7605.20 6900 6900 6900 6900 6900
Foreign Direct Investment (BWP Million) 232.66 1000 1000 1000 1000 1000

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 18.20 22.4 26.8 26.8 26.8 26.8
Government Budget (% of GDP) -5.60 -3.7 -4 -4 -4 -4
Government Spending (BWP Million) 52928.00 56104 55574 55204 54992 58516
Government Debt (BWP Million) 29228.70 27300 27300 27300 27300 27300
Government Budget Value (BWP Million) -5556.40 -3597 -3597 -3597 -3597 -3597

Taxes Actual Q4 Q1 Q2 Q3 2022
Corporate Tax Rate (%) 22.00 22 22 22 22 22
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 12.00 14 14 14 14 14

Business Actual Q4 Q1 Q2 Q3 2022
Mining Production (%) -27.10 5.6 5.6 5.6 5.6 5.6
Industrial Production (%) -9.30 1.7 1.7 1.7 1.7 1.7

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Spending (BWP Million) 17633.20 19555 19448 18391 18321 20396
Consumer Credit (BWP Million) 44299.30 45437 45497 46087 46027 47391
Bank Lending Rate (%) 5.25 5.25 5.25 5.25 4.75 4.75


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.