Markets Actual Q3 Q4 Q1 Q2 2021
Stock Market (points) 7116.00 7054 7015 6976 6938 6861
Currency 11.61 11.74 11.81 11.88 11.95 12.09

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) -0.90 0.6 1.3 -1.8 0.7 1.8
GDP Annual Growth Rate (%) 2.60 -7.8 -8.7 4.3 5 5.4
Unemployment Rate (%) 18.20 18.8 18.8 19 19 19
Inflation Rate (%) 0.90 2 2.1 2.2 2.3 2.2
Interest Rate (%) 4.25 4.25 4 4 4 4
Balance of Trade (BWP Million ) -4156.20 -1670 163 1200 1200 255
Current Account (BWP Million ) -6581.05 -800 -2500 -2500 -2500 -2000
Current Account to GDP (%) 1.00 -6.5 -6.5 -3 -3 -3
Government Debt to GDP (%) 23.00 25 25 20 20 20
Government Budget (% of GDP) -3.90 -8 -8 -4 -4 -4
Corporate Tax Rate (%) 22.00 22 22 22 22 22
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) -0.90 0.6 1.3 -1.8 0.7 1.8
GDP Annual Growth Rate (%) 2.60 -7.8 -8.7 4.3 5 5.4
GDP (USD Billion) 18.34 17 17 18.5 18.5 18.5
GDP Constant Prices (BWP Million) 25071.00 23900 23088 26149 26325 24335
Gross Fixed Capital Formation (BWP Million) 33230.90 30002 30340 34660 34892 31978
GDP per capita (USD) 8093.00 7000 7000 7200 7200 7200
GDP per capita PPP (USD) 17766.50 17050 17050 17250 17250 17250
GDP From Agriculture (BWP Million) 374.00 369 347 390 393 365
GDP From Construction (BWP Million) 1882.70 1808 1723 1964 1977 1816
GDP From Manufacturing (BWP Millon) 1435.50 1393 1386 1497 1507 1461
GDP From Mining (BWP Million) 2406.70 2298 2275 2510 2527 2398
GDP From Public Administration (BWP Million) 3239.10 3106 2947 3378 3401 3106
GDP From Services (BWP Million) 5499.30 5144 5033 5736 5774 5305
GDP From Transport (BWP Million) 1570.60 1557 1488 1638 1649 1568
GDP From Utilities (BWP Million) 235.70 237 292 246 247 308

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 18.20 18.8 18.8 19 19 19
Population (Million) 2.30 2.35 2.33 2.4 2.4 2.37
Employed Persons 483814.00 444000 446500 446500 446500 446000
Wages (BWP/Month) 6533.00 6400 6500 6500 6500 6500

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 0.90 2 2.1 2.2 2.3 2.2
Consumer Price Index CPI (points) 102.40 104 104 105 105 107
Core Consumer Prices (points) 104.40 105 105 106 107 108
Core Inflation Rate (%) 2.60 2.5 2.6 2.7 2.5 2.5
Food Inflation (%) 3.60 3.6 4 3.5 3.7 3.8
Inflation Rate Mom (%) -1.20 0.5 0.3 0.2 0.3 0.4
CPI Transportation (points) 93.90 103 103 104 96.06 106

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 4.25 4.25 4 4 4 4
Banks Balance Sheet (BWP Million) 102165.80 103500 104000 104000 104200 104000
Deposit Interest Rate (%) 1.64 1.64 1.64 1.64 1.64 1.64
Lending Rate (%) 6.25 6.25 6.25 6.25 6.25 6.25
Central Bank Balance Sheet (BWP Million) 69752.28 78000 79300 79300 79250 79500

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (BWP Million ) -4156.20 -1670 163 1200 1200 255
Current Account (BWP Million ) -6581.05 -800 -2500 -2500 -2500 -2000
Current Account to GDP (%) 1.00 -6.5 -6.5 -3 -3 -3
Imports (BWP Million) 4430.80 5370 5600 5600 5600 5800
Exports (Million BWP) 274.60 3700 6800 6800 6800 6900
Foreign Direct Investment (BWP Million) 677.80 935 850 850 850 1000

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 23.00 25 25 20 20 20
Government Budget (% of GDP) -3.90 -8 -8 -4 -4 -4
Government Spending (BWP Million) 20425.40 19012 18648 21304 21447 19655
Government Debt (BWP Million) 26025.20 26700 26700 26700 26700 27300
Government Budget Value (BWP Million) -4127.80 -2182 -2987 -2987 -2987 -3597

Taxes Actual Q3 Q4 Q1 Q2 2021
Corporate Tax Rate (%) 22.00 22 22 22 22 22
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 12.00 12 12 12 12 12

Business Actual Q3 Q4 Q1 Q2 2021
Mining Production (%) -5.60 1.5 7 7 7 5.6
Industrial Production (%) -1.90 3 2.3 2.3 2.3 1.7

Consumer Actual Q3 Q4 Q1 Q2 2021
Consumer Spending (BWP Million) 11853.70 11105 10628 12363 12446 11201
Consumer Credit (BWP Million) 40662.60 36984 36487 42497 42782 38457
Bank Lending Rate (%) 6.25 6.25 6.25 6.25 6.25 6.25


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.