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 Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Growth Rate 1.90 1.59 0.8 1.4 1.4 1.18 percent [+]
Unemployment Rate 17.60 18.1 18 17.9 17.8 17.9 percent [+]
Inflation Rate 3.00 3.9 4 4 4 5 percent [+]
Interest Rate 5.00 5 5 5 5 4.75 percent [+]
Balance of Trade -1006.00 -165 89.84 130 121 169 BWP Million [+]
Government Debt to GDP 22.80 20 17 17 20.87 10 percent [+]
MARKETS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Stock Market 8915.17 8840 8750 8660 8570 7590 points [+]
Currency 10.48 10.29 10.18 10.08 9.97 8.83 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Growth Rate 1.90 1.59 0.8 1.4 1.4 1.18 percent [+]
GDP Annual Growth Rate 1.00 3 3.2 3.5 3.8 5.5 percent [+]
GDP 15.27 16.5 16.25 16 15.75 15.9 USD Billion [+]
GDP Constant Prices 22886.10 22732 22665 22655 22642 22415 BWP Million [+]
Gross Fixed Capital Formation 31669.70 31200 31309 31417 31526 30846 BWP Million [+]
GDP per capita 7383.30 7399 7376 7352 7328 7234 USD [+]
GDP per capita PPP 15513.40 15498 15433 15367 15302 15008 USD [+]
GDP From Agriculture 367.20 357 348 360 356 346 BWP Million [+]
GDP From Construction 1762.50 1766 1759 1758 1752 1701 BWP Million [+]
GDP From Manufacturing 1349.30 1334 1334 1336 1332 1311 BWP Millon [+]
GDP From Mining 2437.40 2617 2610 2661 2728 3042 BWP Million [+]
GDP From Public Administration 2973.50 2925 2926 2942 2941 2914 BWP Million [+]
GDP From Services 4876.70 5025 4913 4915 4948 4716 BWP Million [+]
GDP From Transport 1386.30 1380 1388 1389 1384 1357 BWP Million [+]
GDP From Utilities 205.90 198 150 187 157 173 BWP Million [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 17.60 18.1 18 17.9 17.8 17.9 percent [+]
Population 2.25 2.27 2.27 2.28 2.28 2.31 Million [+]
Employed Persons 406982.00 401719 400844 399876 399040 393067 [+]
Wages 5916.00 5875 5847 5840 5825 5724 BWP/Month [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 3.00 3.9 4 4 4 5 percent [+]
Consumer Price Index CPI 103.20 103 103 103 103 102 Index Points [+]
Core Consumer Prices 103.00 103 103 103 102 97.25 Index Points [+]
Core Inflation Rate 2.80 2.73 2.82 2.87 2.92 3.35 percent [+]
Food Inflation 2.80 2.25 2.71 3.44 4.15 7.17 percent [+]
CPI Transportation 101.70 102 101 101 101 98.09 Index Points [+]
Inflation Rate Mom 0.00 0.44 0.54 0.56 0.57 0.57 percent [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 5.00 5 5 5 5 4.75 percent [+]
Banks Balance Sheet 83235.80 83163 83094 83027 82960 82368 BWP Million [+]
Deposit Interest Rate 2.10 2.73 2.9 3.06 3.23 5.01 percent [+]
Loans To Private Sector 20833.58 20775 20704 20650 20601 20183 BWP Million [+]
Money Supply M1 17259.55 16559 16360 16203 16048 14854 BWP Million [+]
Money Supply M2 73320.55 71750 71730 71522 71274 69109 BWP Million [+]
Money Supply M3 73320.55 71750 71730 71522 71274 69109 BWP Million [+]
Foreign Exchange Reserves 7578.00 7454 7471 7472 7466 7396 USD Million [+]
Central Bank Balance Sheet 77340.77 75646 75271 74814 74341 71137 BWP Million [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -1006.00 -165 89.84 130 121 169 BWP Million [+]
Exports 4791.70 5117 5180 5221 5253 5343 Million BWP [+]
Imports 5797.70 5282 5253 5234 5219 5184 BWP Million [+]
Current Account 7113.20 6021 4922 3907 4159 2414 BWP Million [+]
Current Account to GDP 3.60 2.1 -0.5 -0.5 1 3 percent [+]
Foreign Direct Investment 225.14 914 1030 718 830 812 BWP Million [+]
External Debt 17059.60 15581 15197 14813 14429 10261 BWP Million [+]
Terrorism Index 0.00 0 0 0 0 0 [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 22.80 20 17 17 20.87 10 percent [+]
Government Budget -1.10 -2.44 -1.15 0.13 1.41 2.16 percent of GDP [+]
Government Spending 18459.60 17475 17237 17000 16762 14713 BWP Million [+]
Government Debt 26216.40 27646 27645 27643 27642 25194 BWP Million [+]
Military Expenditure 535.80 653 668 683 698 742 USD Million [+]
Government Budget Value 4392.30 -134 118 -93.39 237 374 BWP Million [+]
Government Revenues 16647.30 12361 13251 12011 12673 12030 BWP Million [+]
Fiscal Expenditure 12255.00 13382 12943 13040 12908 12471 BWP Million [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Changes in Inventories -5990.90 3212 2014 816 -382 3339 BWP Million [+]
Internet Speed 2552.88 2551 2527 2468 2463 2207 KBps [+]
IP Addresses 10680.00 12072 13105 14161 15205 19682 IP [+]
Mining Production 1.50 4.99 8.15 7.98 8.56 9.2 percent [+]
Industrial Production -8.70 -3.74 3.27 3.52 3.4 -0.06 percent [+]
Competitiveness Index 4.30 4.2 4.2 4.2 4.2 4.23 Points [+]
Competitiveness Rank 63.00 69 69 69 69 70 [+]
Business Confidence 48.00 55 67 67 47.88 74 percent [+]
Corruption Index 60.00 59 59 59 59 59 Points [+]
Corruption Rank 35.00 33 33 33 33 33 [+]
Ease of Doing Business 81.00 79 76 74 72 75 [+]
CONSUMER Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Spending 10146.90 10130 10125 10104 10087 9973 BWP Million [+]
Consumer Credit 32049.16 32934 33338 33569 33683 33007 BWP Million [+]
Bank Lending Rate 7.00 7.1 7.22 7.36 7.52 8.93 percent [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Corporate Tax Rate 22.00 22 22 23 23 23 percent [+]
Personal Income Tax Rate 25.00 25 25 25 25 25 percent [+]
Sales Tax Rate 12.00 12 12 12 11 11 percent [+]