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 Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 0.10 0.95 1.2 1.59 1.61 1.18 percent [+]
Unemployment Rate 20.00 22 19.98 20.15 20.17 19.9 percent [+]
Inflation Rate 3.40 3.6 3.7 3.9 4 5 percent [+]
Interest Rate 5.50 5.5 5 5 5 4.75 percent [+]
Balance of Trade -24.00 403 480 458 463 462 BWP Million [+]
Government Debt to GDP 22.70 22.1 22.03 21.96 22.03 22.93 percent [+]
MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Stock Market 9350.88 9130 9040 8760 8860 7380 points [+]
Currency 10.28 10.63 10.73 11.05 10.94 12.62 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 0.10 0.95 1.2 1.59 1.61 1.18 percent [+]
GDP Annual Growth Rate 4.20 4.8 5 5 4.9 5.5 percent [+]
GDP 14.39 14.3 13.86 13.43 13.62 13.59 USD Billion [+]
GDP Constant Prices 43657.40 47000 47872 47908 48939 51506 BWP Million [+]
Gross Fixed Capital Formation 31669.70 31961 32011 32061 32462 35099 BWP Million [+]
GDP per capita 7080.12 7255 7213 7172 7173 7177 USD [+]
GDP per capita PPP 14876.33 15313 15276 15238 15303 15775 USD [+]
GDP From Agriculture 1433.30 1440 1452 1463 1459 1448 BWP Million [+]
GDP From Construction 6755.40 6876 6930 6984 7030 7458 BWP Million [+]
GDP From Manufacturing 5370.10 5606 5647 5689 5753 6379 BWP Millon [+]
GDP From Mining 10720.20 10970 10491 10013 10027 11114 BWP Million [+]
GDP From Public Administration 11668.80 11921 11933 11945 12007 12528 BWP Million [+]
GDP From Services 18463.80 18224 18513 18802 18645 18381 BWP Million [+]
GDP From Transport 5362.00 5459 5520 5580 5621 6033 BWP Million [+]
GDP From Utilities 712.20 466 500 535 536 541 BWP Million [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 20.00 22 19.98 20.15 20.17 19.9 percent [+]
Population 2.26 2.28 2.29 2.3 2.31 2.45 Million [+]
Employed Persons 408938.00 408237 408123 408200 408295 408304 [+]
Wages 5684.00 5747 5780 5822 5808 5898 BWP/Month [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 3.40 3.6 3.7 3.9 4 5 percent [+]
Consumer Price Index CPI 102.50 103 104 105 106 116 Index Points [+]
Core Consumer Prices 102.20 103 103 104 104 106 Index Points [+]
Core Inflation Rate 3.30 3 3.06 2.99 3.03 3.01 percent [+]
Food Inflation 3.90 3.64 3.54 3.45 3.4 3.36 percent [+]
Inflation Rate Mom 0.70 0.4 0.37 0.37 0.37 0.37 percent [+]
Cpi Transportation 101.00 102 102 101 101 101 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 5.50 5.5 5 5 5 4.75 percent [+]
Banks Balance Sheet 78110.20 80332 81291 81948 82582 88989 BWP Million [+]
Deposit Interest Rate 2.10 2.33 2.27 2.21 2.19 2.31 percent [+]
Loans To Private Sector 20726.41 20959 21125 21285 21441 22884 BWP Million [+]
Money Supply M1 15585.45 15952 15887 15910 15904 15905 BWP Million [+]
Money Supply M2 70626.95 70544 70509 70503 70502 70502 BWP Million [+]
Money Supply M3 70626.95 70544 70509 70503 70502 70502 BWP Million [+]
Foreign Exchange Reserves 7189.00 7083 7091 7080 7086 7082 USD Million [+]
Central Bank Balance Sheet 75872.45 74535 74746 74834 74854 74860 BWP Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -24.00 403 480 458 463 462 BWP Million [+]
Exports 5151.60 5518 5538 5518 5508 5471 Million BWP [+]
Imports 5175.60 5431 5354 5404 5364 5380 BWP Million [+]
Current Account 3618.21 5387 4402 4426 4384 3611 BWP Million [+]
Current Account to GDP 7.10 6.87 5.67 4.47 4.69 5.88 percent [+]
Foreign Direct Investment 294.40 350 1757 397 1605 575 BWP Million [+]
External Debt 18003.70 18234 18178 18121 18374 21495 BWP Million [+]
Terrorism Index 0.00 0 0 0 0 0 [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 22.70 22.1 22.03 21.96 22.03 22.93 percent [+]
Government Budget 0.20 2.39 1.47 0.56 0.62 1.16 percent of GDP [+]
Government Spending 18459.60 18555 18609 18663 18857 21255 BWP Million [+]
Government Debt 23090.90 23726 23963 24199 24497 27935 BWP Million [+]
Military Expenditure 535.80 608 642 675 706 974 USD Million [+]
Government Budget Value -1759.40 -806 -771 -764 -762 -762 BWP Million [+]
Government Revenues 12876.60 13305 14913 13594 14677 14133 BWP Million [+]
Fiscal Expenditure 14636.00 15179 15825 15893 16311 19136 BWP Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Changes in Inventories -5990.90 -2733 -4535 -6337 -6259 -6054 BWP Million [+]
Mining Production 5.80 9.56 11.3 10.49 10.84 10.74 percent [+]
Industrial Production -0.50 -6.67 -14.21 -4.96 -2.3 -5.9 percent [+]
Competitiveness Index 4.29 4.16 4.16 4.16 4.19 4.19 Points [+]
Competitiveness Rank 64.00 70 70 70 70 72 [+]
Ease of Doing Business 71.00 78 80 82 81 88 [+]
Corruption Index 60.00 60 60 59 59 59 Points [+]
Corruption Rank 35.00 32 33 34 34 36 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Credit 30879.66 31564 32062 32554 33038 37906 BWP Million [+]
Bank Lending Rate 7.00 7 7 7 7 7 percent [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 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 [+]