Markets Actual Q4 Q1 Q2 Q3 2021
Stock Market (points) 6897.30 6859 6821 6784 6747 6672
Currency 11.45 11.41 11.47 11.54 11.61 11.75

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -24.80 1.3 -1.8 0.7 1 1.4
GDP Annual Growth Rate (%) -24.00 -8.7 4.3 6.5 7.3 7.8
Unemployment Rate (%) 18.20 18.8 18.6 18.6 18.6 18.6
Inflation Rate (%) 1.80 2.1 2.2 2.3 2.2 2.2
Interest Rate (%) 3.75 3.75 3.25 3.25 2.75 2.75
Balance of Trade (BWP Million ) -3775.00 163 163 1200 1200 255
Current Account (BWP Million ) -4258.04 -2500 -2500 -2500 -2500 -2000
Current Account to GDP (%) 1.00 -6.5 -3 -3 -3 -3
Government Debt to GDP (%) 23.00 35 25 25 25 25
Government Budget (% of GDP) -3.90 -7 -4 -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 Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -24.80 1.3 -1.8 0.7 1 1.4
GDP Annual Growth Rate (%) -24.00 -8.7 4.3 6.5 7.3 7.8
GDP (USD Billion) 18.34 17 18.5 18.5 18.5 18.5
GDP Constant Prices (BWP Million) 18848.70 23088 26152 20074 20225 24889
Gross Fixed Capital Formation (BWP Million) 33230.90 30340 34660 35391 35657 32706
GDP per capita (USD) 8093.00 7000 7200 7200 7200 7200
GDP per capita PPP (USD) 17766.50 17050 17250 17250 17250 17250
GDP From Agriculture (BWP Million) 392.30 347 394 418 421 374
GDP From Construction (BWP Million) 1200.50 1723 1964 1279 1288 1857
GDP From Manufacturing (BWP Millon) 1005.00 1386 1497 1070 1078 1494
GDP From Mining (BWP Million) 963.90 2275 2511 1027 1034 2452
GDP From Public Administration (BWP Million) 3250.30 2947 3378 3462 3488 3176
GDP From Services (BWP Million) 3314.20 5033 5735 3530 3556 5426
GDP From Transport (BWP Million) 1297.90 1488 1639 1382 1393 1604
GDP From Utilities (BWP Million) 257.80 292 246 275 277 315

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 18.20 18.8 18.6 18.6 18.6 18.6
Population (Million) 2.30 2.33 2.4 2.4 2.4 2.37
Employed Persons 492914.00 446500 446500 446500 446500 446000
Wages (BWP/Month) 5392.00 6500 6500 6500 6500 6500

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) 1.80 2.1 2.2 2.3 2.2 2.2
Consumer Price Index CPI (points) 103.60 107 104 105 105 110
Core Consumer Prices (points) 105.30 106 106 107 108 108
Core Inflation Rate (%) 3.10 3 2.7 2.5 2.3 2.3
Food Inflation (%) 4.20 3.8 3.5 3.3 3.5 3.4
Inflation Rate Mom (%) 0.80 0.3 0.2 0.3 0.3 0.4
CPI Transportation (points) 97.00 107 103 104 96.06 110

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 3.75 3.75 3.25 3.25 2.75 2.75
Banks Balance Sheet (BWP Million) 102451.10 104000 104000 104200 104200 104000
Deposit Interest Rate (%) 1.64 1.64 1.14 1.14 0.64 0.64
Lending Rate (%) 5.75 6.25 6.25 6.25 6.25 6.25
Central Bank Balance Sheet (BWP Million) 64625.87 79300 79300 79250 79250 79500

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (BWP Million ) -3775.00 163 163 1200 1200 255
Current Account (BWP Million ) -4258.04 -2500 -2500 -2500 -2500 -2000
Current Account to GDP (%) 1.00 -6.5 -3 -3 -3 -3
Imports (BWP Million) 5939.90 5600 5600 5600 5600 5800
Exports (Million BWP) 2164.80 6800 6800 6800 6800 6900
Foreign Direct Investment (BWP Million) 566.44 850 850 850 850 1000

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 23.00 35 25 25 25 25
Government Budget (% of GDP) -3.90 -7 -4 -4 -4 -4
Government Spending (BWP Million) 20425.40 18648 21304 21753 21916 20103
Government Debt (BWP Million) 26025.20 26700 26700 26700 26700 27300
Government Budget Value (BWP Million) -1515.30 -2987 -2987 -2987 -2987 -3597

Taxes Actual Q4 Q1 Q2 Q3 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 Q4 Q1 Q2 Q3 2021
Mining Production (%) -65.10 7 7 7 7 5.6
Industrial Production (%) -1.90 2.3 2.3 2.3 2.3 1.7

Consumer Actual Q4 Q1 Q2 Q3 2021
Consumer Spending (BWP Million) 10427.50 10628 12363 11105 11189 11456
Consumer Credit (BWP Million) 40934.51 36487 42497 43223 43923 39333
Bank Lending Rate (%) 5.75 5.75 5.25 5.25 4.75 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.