Botswana - Economic Forecasts - 2018-2020 Outlook

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.


Overview Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate -1.50 1.5 1.3 0.4 1 1.18 percent
Unemployment Rate 18.10 17.6 17.4 17.37 17.35 17.1 percent
Inflation Rate 3.10 3.4 3.7 3 3 5 percent
Interest Rate 5.00 5 5 5 5 4.75 percent
Balance of Trade -1379.20 -445 47.28 -36.86 105 569 BWP Million
Government Debt to GDP 22.30 17 17 14 14 10 percent
MARKETS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Stock Market 8375.10
points
8349 8296 8244 8192 7987
Currency 10.34
10.66 10.93 11.2 11.49 12.69
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate -1.50
percent
1.5 1.3 0.4 1 1.18
GDP Annual Growth Rate 4.80
percent
3.8 3.8 3.8 3.2 5.5
GDP 17.41
USD Billion
17.5 17.5 17.6 17.6 17.7
GDP Constant Prices 23549.50
BWP Million
23090 24805 24444 23626 27556
Gross Fixed Capital Formation 28704.90
BWP Million
32271 29796 29796 32683 33100
GDP per capita 7523.22
USD
7760 7760 7880 7880 8000
GDP per capita PPP 15807.37
USD
15900 15900 16200 16200 16500
GDP From Agriculture 368.40
BWP Million
387 390 382 385 434
GDP From Construction 1776.20
BWP Million
1787 1840 1844 1806 2044
GDP From Manufacturing 1340.90
BWP Millon
1485 1493 1392 1459 1658
GDP From Mining 2477.60
BWP Million
2555 2465 2572 2525 2739
GDP From Public Administration 3030.00
BWP Million
3082 3132 3145 3083 3479
GDP From Services 5075.60
BWP Million
4367 5738 5268 5038 6375
GDP From Transport 1447.40
BWP Million
1480 1506 1502 1444 1673
GDP From Utilities 168.90
BWP Million
100 151 175 190 168
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 18.10
percent
17.6 17.4 17.37 17.35 17.1
Population 2.29
Million
2.31 2.32 2.33 2.34 2.44
Wages 6216.00
BWP/Month
6350 6400 6480 6515 6500
Employed Persons 410329.00
411149 410797 410639 410651 410728
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 3.10
percent
3.4 3.7 3 3 5
Consumer Price Index CPI 106.10
Index Points
107 108 108 109 118
Core Consumer Prices 104.50
Index Points
105 105 106 106 108
Core Inflation Rate 1.80
percent
1.75 1.75 1.75 1.75 1.75
Food Inflation -0.60
percent
-0.2 0.5 0.8 1.2 2.25
Inflation Rate Mom 0.00
percent
0.27 0.3 0.29 0.29 0.29
Cpi Housing Utilities 108.80
Index Points
110 111 112 113 124
CPI Transportation 109.00
Index Points
105 108 108 112 119
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 5.00
percent
5 5 5 5 4.75
Banks Balance Sheet 83387.90
BWP Million
85285 86323 87407 88476 99080
Deposit Interest Rate 1.46
percent
1.46 2.25 2.22 2.19 2.45
Lending Rate 6.50
percent
6.5 6.5 6.5 6.5 6.5
Loans To Private Sector 21638.84
BWP Million
21924 22113 22298 22478 24078
Money Supply M1 15927.77
BWP Million
16290 16275 16282 16281 16281
Money Supply M2 72406.40
BWP Million
72093 72151 72203 72205 72203
Money Supply M3 72406.40
BWP Million
72093 72151 72203 72205 72203
Foreign Exchange Reserves 7559.00
USD Million
7395 7384 7413 7400 7408
Central Bank Balance Sheet 74997.51
BWP Million
74007 74171 74243 74285 74306
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -1379.20
BWP Million
-445 47.28 -36.86 105 569
Exports 2981.80
Million BWP
4311 4498 4676 4808 5277
Imports 4361.00
BWP Million
4757 4698 4713 4702 4708
Current Account 4498.94
BWP Million
3012 4731 2957 3518 3813
Current Account to GDP 12.00
percent
-0.5 -0.5 1.8 1.8 3
Terrorism Index 0.00
0 0 0 0 0
Foreign Direct Investment 1208.37
BWP Million
1621 685 1744 716 1023
External Debt 16659.30
BWP Million
16561 15924 15818 15711 15234
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 22.30
percent
17 17 14 14 10
Government Budget -0.10
percent of GDP
-0.06 -0.29 -0.29 -0.29 -0.29
Government Spending 19349.00
BWP Million
18810 20084 20084 19050 22312
Government Debt 26977.00
BWP Million
27661 27615 27501 27387 27183
Military Expenditure 486.96
USD Million
457 428 413 397 334
Government Budget Value -379.40
BWP Million
352 -324 736 -336 185
Government Revenues 13044.20
BWP Million
14910 13855 14796 14048 14308
Fiscal Expenditure 13523.40
BWP Million
14557 14192 14060 14384 14124
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Changes in Inventories -2215.60
BWP Million
-3746 -4473 -4466 -4459 -5512
Internet Speed 2552.88
KBps
3335 3483 3609 3725 4770
IP Addresses 10680.00
IP
9011 9066 9004 9042 9026
Mining Production 12.60
percent
8.63 6.89 7.64 7.36 7.43
Industrial Production 11.70
percent
-3.77 -1.15 -5.58 0.38 -0.06
Competitiveness Index 4.30
Points
4.23 4.23 4.28 4.29 4.29
Competitiveness Rank 63.00
68 68 65 64 64
Business Confidence 46.00
Index Points
46.01 69 46.06 45.98 74
Corruption Index 61.00
Points
61 61 61 61 61
Corruption Rank 34.00
34 34 35 36 36
Ease of Doing Business 81.00
78 77 79 81 89
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Spending 10925.60
BWP Million
10846 11203 11341 10472 12445
Consumer Credit 33195.21
BWP Million
33964 34427 34884 35337 39589
Bank Lending Rate 6.50
percent
6.5 6.51 6.51 6.51 6.52
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Corporate Tax Rate 22.00
percent
22 22 22 22 22
Personal Income Tax Rate 25.00
percent
25 25 25 25 25
Sales Tax Rate 12.00
percent
12 12 12 12 12
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 18.51
celsius
18.29 25.68 25.39 22.61 22.41