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 Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Growth Rate 5.50 0.6 1.5 1.3 0.9 1.18 percent
Unemployment Rate 18.10 18.75 18.47 18.2 18 17.2 percent
Inflation Rate 3.40 3.6 3.9 4.3 4.3 5 percent
Interest Rate 5.00 5 5 5 5 4.75 percent
Balance of Trade -1054.30 897 1046 1113 1105 1196 BWP Million
Government Debt to GDP 22.30 17 17 17 14 10 percent
MARKETS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Stock Market 8526.92
points
8515 8441 8367 8295 8010
Currency 9.90
9.83 10.08 10.33 10.59 11.69
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Growth Rate 5.50
percent
0.6 1.5 1.3 0.9 1.18
GDP Annual Growth Rate 6.50
percent
3.5 3.8 3.8 3.8 5.5
GDP 15.27
USD Billion
15.35 16.12 16.9 16.9 16.2
GDP Constant Prices 23896.60
BWP Million
23294 23090 24805 23321 27556
Gross Fixed Capital Formation 28704.90
BWP Million
32224 32271 33563 32873 37286
GDP per capita 7383.30
USD
7387 7204 7376 7143 7051
GDP per capita PPP 15513.40
USD
15578 15565 15553 15469 15439
GDP From Agriculture 376.20
BWP Million
380 387 390 371 434
GDP From Construction 1772.60
BWP Million
1780 1787 1840 1782 2044
GDP From Manufacturing 1438.00
BWP Millon
1410 1485 1493 1376 1658
GDP From Mining 2375.10
BWP Million
2490 2555 2465 2294 2739
GDP From Public Administration 3017.20
BWP Million
3040 3082 3132 3059 3479
GDP From Services 5528.30
BWP Million
4967 4367 5738 5305 6375
GDP From Transport 1451.10
BWP Million
1424 1480 1506 1410 1673
GDP From Utilities 145.70
BWP Million
187 100 151 77.23 168
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 18.10
percent
18.75 18.47 18.2 18 17.2
Population 2.25
Million
2.25 2.26 2.27 2.28 2.4
Wages 6088.00
BWP/Month
6300 6350 6400 6480 6500
Employed Persons 409184.00
406870 406870 406870 406870 406870
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 3.40
percent
3.6 3.9 4.3 4.3 5
Consumer Price Index CPI 106.00
Index Points
107 107 108 109 119
Core Consumer Prices 104.20
Index Points
105 105 106 106 111
Core Inflation Rate 1.90
percent
2.32 2.4 2.46 2.52 2.74
Food Inflation -0.10
percent
2.16 3.92 3.79 2.09 2.2
Inflation Rate Mom 1.30
percent
0.46 0.48 0.49 0.49 0.49
CPI Transportation 107.40
Index Points
105 106 109 109 119
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 5.00
percent
5 5 5 5 4.75
Banks Balance Sheet 83165.00
BWP Million
85316 86646 87839 89048 102340
Deposit Interest Rate 1.46
percent
1.46 1.46 2.25 2.22 2.45
Loans To Private Sector 21011.45
BWP Million
21109 21202 21293 21382 22192
Money Supply M1 16387.50
BWP Million
16772 16669 16616 16589 16562
Money Supply M2 72337.35
BWP Million
72506 73650 70850 72155 72205
Money Supply M3 72337.35
BWP Million
72506 73650 70850 72155 72205
Foreign Exchange Reserves 7966.00
USD Million
7911 7975 7973 7991 7986
Central Bank Balance Sheet 76632.15
BWP Million
79154 80477 81553 80166 79573
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -1054.30
BWP Million
897 1046 1113 1105 1196
Exports 3480.60
Million BWP
5152 5219 5251 5278 5374
Imports 4535.00
BWP Million
4254 4173 4177 4173 4177
Current Account 4498.94
BWP Million
6269 3012 4731 2957 3813
Current Account to GDP 12.00
percent
-0.5 -0.5 -0.5 1.8 3
Terrorism Index 0.00
0 0 0 0 0
Foreign Direct Investment 1208.37
BWP Million
920 1621 685 1744 1023
External Debt 16659.30
BWP Million
17198 16561 15924 15818 15234
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 22.30
percent
17 17 17 14 10
Government Budget -0.10
percent of GDP
-1.96 -1.4 -0.84 -0.8 -0.47
Government Spending 19349.00
BWP Million
18783 18810 19563 19161 21733
Government Debt 26977.00
BWP Million
26977 26977 26977 26977 26977
Military Expenditure 486.96
USD Million
561 623 684 702 774
Government Budget Value -479.20
BWP Million
-392 498 -235 419 90.45
Government Revenues 13044.20
BWP Million
13136 16218 13223 16134 13651
Fiscal Expenditure 13523.40
BWP Million
13528 15719 13533 15715 13561
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Changes in Inventories -2215.60
BWP Million
-2735 -4538 -6341 -6262 -6284
Internet Speed 2552.88
KBps
2468 2463 2439 2396 2112
IP Addresses 10680.00
IP
9058 9011 9066 9004 9026
Mining Production 0.50
percent
5.59 7.62 6.86 7.07 7.04
Industrial Production -0.50
percent
-2.25 -2.25 -2.25 -2.25 -2.25
Competitiveness Index 4.30
Points
4.29 4.29 4.29 4.29 4.29
Competitiveness Rank 63.00
69 69 69 67 75
Business Confidence 46.00
Index Points
67 43.09 69 41.33 74
Corruption Index 61.00
Points
61 61 61 61 61
Corruption Rank 34.00
33 33 33 34 33
Ease of Doing Business 81.00
81 81 81 81 81
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Consumer Spending 10792.60
BWP Million
10324 10846 11203 10634 12445
Consumer Credit 33140.54
BWP Million
33478 33544 33549 33512 32355
Bank Lending Rate 6.50
percent
6.5 6.5 6.51 6.51 6.52
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 18.51
celsius
18.4 18.29 25.68 25.39 22.41