The business confidence index in Botswana increased to 58 in the first half of 2018 from 46 in the previous period. Confidence among domestic-oriented businesses rose to 58 from 46 in the last half of 2017, and export-oriented businesses advanced to 55 from 50. Looking ahead, there is an increase in optimism. Business Confidence in Botswana averaged 49.73 Index Points from 2005 until 2017, reaching an all time high of 82 Index Points in the fourth quarter of 2008 and a record low of 28 Index Points in the fourth quarter of 2005.
Business Confidence in Botswana is expected to be 67.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Botswana to stand at 72.00 in 12 months time. In the long-term, the Botswana Business Confidence is projected to trend around 74.00 Index Points in 2020, according to our econometric models.