Bank Lending Rate in Botswana remained unchanged at 5.75 percent in May from 5.75 percent in April of 2020.

Bank Lending Rate in Botswana averaged 9.11 percent from 2009 until 2020, reaching an all time high of 16.50 percent in January of 2009 and a record low of 5.75 percent in April of 2020. This page provides - Botswana Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Botswana Bank Lending Rate - values, historical data and charts - was last updated on September of 2020.

Bank Lending Rate in Botswana is expected to be 5.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Botswana to stand at 5.50 in 12 months time. In the long-term, the Botswana Bank Lending Rate is projected to trend around 5.50 percent in 2021, according to our econometric models.

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Botswana Bank Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.75 5.75 16.50 5.75 2009 - 2020 percent Monthly

Botswana Consumer Last Previous Highest Lowest Unit
Consumer Spending 11853.70 11640.20 11853.70 3381.10 BWP Million [+]
Consumer Credit 40584.75 40356.08 40744.98 6325.70 BWP Million [+]
Bank Lending Rate 5.75 5.75 16.50 5.75 percent [+]

Botswana Bank Lending Rate
In Botswana, the bank lending rate is the weighted average rate of interest charged on loans by commercial banks to private individuals and companies.