Markets Actual Q2 Q3 Q4 Q1 2022
Stock Market (points) 6620.07 6586 6549 6514 6478 6406
Currency 10.83 10.71 10.78 10.84 10.91 11.04

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) 3.70 2 1.3 2.2 2.2 1
GDP Annual Growth Rate (%) -4.10 6.5 7.3 6.9 6.3 4.5
Unemployment Rate (%) 23.30 18.6 18.6 18.6 18.3 18.3
Inflation Rate (%) 6.20 6.4 6.5 5.7 5.3 4
Interest Rate (%) 3.75 3.75 3.75 3.75 3.75 3.25
Balance of Trade (BWP Million ) -945.70 163 1200 255 255 255
Current Account (BWP Million ) -3792.59 -2500 -2500 -2000 -2000 -2000
Current Account to GDP (% of GDP) -11.20 -5 -5 -5 -3.7 -3.7
Government Debt to GDP (% of GDP) 17.70 25 25 25 25 17
Government Budget (% of GDP) -3.90 -4 -4 -4 -4 -2.7
Corporate Tax Rate (%) 22.00 22 22 22 22 22
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) 3.70 2 1.3 2.2 2.2 1
GDP Annual Growth Rate (%) -4.10 6.5 7.3 6.9 6.3 4.5
GDP (USD Billion) 18.34 18.5 18.5 18.5 18.5 21
GDP Constant Prices (BWP Million) 24264.40 20082 25101 25939 25793 27106
Gross Fixed Capital Formation (BWP Million) 30535.10 35430 35696 32642 32459 34111
GDP per capita (USD) 8093.00 7200 7200 7200 7200 7500
GDP per capita PPP (USD) 17766.50 17250 17250 17250 17250 17500
GDP From Agriculture (BWP Million) 390.40 418 425 417 415 436
GDP From Construction (BWP Million) 1824.90 1279 1866 1951 1940 2039
GDP From Manufacturing (BWP Millon) 1494.90 1071 1535 1598 1589 1670
GDP From Mining (BWP Million) 1887.20 1019 2170 2017 2006 2108
GDP From Public Administration (BWP Million) 3303.10 3462 3556 3531 3511 3690
GDP From Services (BWP Million) 5090.40 3541 4937 5442 5411 5687
GDP From Transport (BWP Million) 1514.40 1380 1579 1619 1610 1692
GDP From Utilities (BWP Million) 260.80 281 364 279 277 291

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 23.30 18.6 18.6 18.6 18.3 18.3
Population (Million) 2.37 2.4 2.4 2.37 2.37 2.41
Employed Persons 477716.00 446500 446500 446000 446000 446000
Wages (BWP/Month) 5392.00 6500 6500 6500 6500 6500

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 6.20 6.4 6.5 5.7 5.3 4
Consumer Price Index CPI (points) 109.60 109 110 110 112 115
Core Consumer Prices (points) 110.90 109 109 110 111 114
Core Inflation Rate (%) 6.70 4 3.8 3.6 3.3 3.5
Food Inflation (%) 6.70 8 6 4 3.7 3.4
Inflation Rate Mom (%) 0.50 4 2.3 1.8 0.7 0.6
CPI Transportation (points) 100.70 99.91 103 104 108 108

Money Actual Q2 Q3 Q4 Q1 2022
Interest Rate (%) 3.75 3.75 3.75 3.75 3.75 3.25
Banks Balance Sheet (BWP Million) 104365.60 104200 104200 104000 104000 106000
Deposit Interest Rate (%) 1.36 1.36 1.36 1.36 1.36 0.86
Lending Rate (%) 5.25 6.25 6.25 6.25 6.25 6.25
Central Bank Balance Sheet (BWP Million) 56834.24 79250 79250 79500 79500 79700

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (BWP Million ) -945.70 163 1200 255 255 255
Current Account (BWP Million ) -3792.59 -2500 -2500 -2000 -2000 -2000
Current Account to GDP (% of GDP) -11.20 -5 -5 -5 -3.7 -3.7
Imports (BWP Million) 8965.10 5600 5600 5800 5800 5800
Exports (Million BWP) 8019.40 6800 6800 6900 6900 6900
Foreign Direct Investment (BWP Million) 291.50 850 850 1000 1000 1000

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (% of GDP) 17.70 25 25 25 25 17
Government Budget (% of GDP) -3.90 -4 -4 -4 -4 -2.7
Government Spending (BWP Million) 21317.80 21770 21934 22789 22661 23814
Government Debt (BWP Million) 29228.70 26700 26700 27300 27300 27300
Government Budget Value (BWP Million) -5556.40 -2987 -2987 -3597 -3597 -3597

Taxes Actual Q2 Q3 Q4 Q1 2022
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 14 14 14 14 14

Business Actual Q2 Q3 Q4 Q1 2022
Mining Production (%) -27.10 7 7 5.6 5.6 5.6
Industrial Production (%) -15.90 2.3 2.3 1.7 1.7 1.7

Consumer Actual Q2 Q3 Q4 Q1 2022
Consumer Spending (BWP Million) 12613.50 10989 12653 13484 13408 14091
Consumer Credit (BWP Million) 43330.21 43223 44358 45823 46060 47885
Bank Lending Rate (%) 5.25 5.25 5.25 5.25 5.25 4.75


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.