Markets Actual Q1 Q2 Q3 Q4 2020
Stock Market (points) 7538.10 7474 7453 7432 7411 7369
Currency 10.80 10.73 10.79 10.85 10.92 11.05
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.20 -1.3 0.4 1.6 2.4 1.3
GDP Annual Growth Rate (%) 3.10 3.2 3.7 4.1 3.8 4.6
Unemployment Rate (%) 17.90 18.3 18.3 18.3 18.3 19
Inflation Rate (%) 2.20 2.8 3 3.2 3.4 3.1
Interest Rate (%) 4.75 4.75 4.5 4.5 4 4
Balance of Trade (BWP Million ) -3425.10 -91.1 450 -1670 163 255
Current Account (BWP Million ) 846.12 -2800 5000 -800 -2500 -2000
Current Account to GDP (%) 9.70 8 8 8 8 9.4
Government Debt to GDP (%) 13.40 13 13 13 13 10
Government Budget (% of GDP) -1.00 -2 -2 -2 -2 -1.7
Corporate Tax Rate (%) 22.00 22 22 22 22 22
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.20 -1.3 0.4 1.6 2.4 1.3
GDP Annual Growth Rate (%) 3.10 3.2 3.7 4.1 3.8 4.6
GDP (USD Billion) 18.62 18.45 18.45 18.45 18.45 18.6
GDP Constant Prices (BWP Million) 24891.70 24845 25298 25402 25838 27026
Gross Fixed Capital Formation (BWP Million) 30833.10 31326 31404 31465 32005 33477
GDP per capita (USD) 8031.00 8100 8100 8100 8100 8240
GDP per capita PPP (USD) 16518.24 16500 16500 16500 16500 16500
GDP From Agriculture (BWP Million) 384.40 382 388 392 399 417
GDP From Construction (BWP Million) 1881.70 1854 1911 1920 1953 2043
GDP From Manufacturing (BWP Millon) 1514.80 1441 1516 1576 1572 1645
GDP From Mining (BWP Million) 2391.10 2604 2470 2440 2482 2596
GDP From Public Administration (BWP Million) 3232.00 3160 3244 3298 3355 3509
GDP From Services (BWP Million) 5385.30 5365 5683 5496 5590 5847
GDP From Transport (BWP Million) 1620.70 1558 1594 1654 1682 1760
GDP From Utilities (BWP Million) 240.60 211 262 246 250 261
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 17.90 18.3 18.3 18.3 18.3 19
Population (Million) 2.25 2.35 2.35 2.35 2.33 2.37
Wages (BWP/Month) 6533.00 6400 6400 6400 6500 6500
Employed Persons 483814.00 440000 442000 444000 446500 446000
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 2.20 2.8 3 3.2 3.4 3.1
Consumer Price Index CPI (points) 102.20 103 105 105 105 109
Core Consumer Prices (points) 102.50 103 103 104 105 107
Core Inflation Rate (%) 2.50 2.2 1.8 2 2.3 2.1
Food Inflation (%) 3.00 0.4 0.4 0.4 0.4 0.7
Inflation Rate Mom (%) 0.20 0.1 0.1 0.1 0.2 0.3
CPI Transportation (points) 101.30 103 104 104 105 108
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 4.75 4.75 4.5 4.5 4 4
Banks Balance Sheet (BWP Million) 97731.50 102500 105700 103000 104000 112000
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) 72797.19 77882 77908 79000 79000 77931
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (BWP Million ) -3425.10 -91.1 450 -1670 163 255
Current Account (BWP Million ) 846.12 -2800 5000 -800 -2500 -2000
Current Account to GDP (%) 9.70 8 8 8 8 9.4
Imports (BWP Million) 5587.00 6000 5400 5370 5600 5800
Exports (Million BWP) 2161.90 5300 5850 3700 6800 6900
Foreign Direct Investment (BWP Million) 584.47 820 680 935 850 1000
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 13.40 13 13 13 13 10
Government Budget (% of GDP) -1.00 -2 -2 -2 -2 -1.7
Government Spending (BWP Million) 19729.30 20045 20094 20134 20479 21421
Government Debt (BWP Million) 24465.00 26700 26700 26700 26700 27300
Government Budget Value (BWP Million) 2118.20 -2182 -2182 -2182 -2987 -3597
Taxes Actual Q1 Q2 Q3 Q4 2020
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 Q1 Q2 Q3 Q4 2020
Mining Production (%) -8.70 8 -3.2 1.5 7 5.6
Industrial Production (%) -3.50 2.2 -1 3 2.3 1.7
Business Confidence (points) 58.00 67 67 72 74 74
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Spending (BWP Million) 11569.80 11628 11680 11807 12009 12562
Consumer Credit (BWP Million) 38870.92 36223 37542 39274 39948 41785
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.