Botswana's annual inflation stood for the third consecutive month at 2.2 percent in December of 2020, its highest level since May. On a monthly basis, consumer prices went up 0.1 percent, the same pace as in the previous month. source: Central Statistics Office, Botswana

Inflation Rate in Botswana averaged 6.67 percent from 1997 until 2020, reaching an all time high of 15.06 percent in November of 2008 and a record low of 0.90 percent in June of 2020. This page provides the latest reported value for - Botswana Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Botswana Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Inflation Rate in Botswana is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Botswana to stand at 2.80 in 12 months time. In the long-term, the Botswana Inflation Rate is projected to trend around 3.40 percent in 2022, according to our econometric models.

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Botswana Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.20 2.20 15.06 0.90 1997 - 2020 percent Monthly
2018=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-15 10:40 AM Sep 1.8% 1% 1.4%
2020-11-13 10:40 AM Oct 2.2% 1.8% 1.8%
2020-12-15 01:45 PM Nov 2.2% 2.2% 2%
2021-01-14 01:25 PM Dec 2.2% 2.2% 2.3%
2021-02-15 08:20 AM Jan 2.2%
2021-03-15 12:00 PM Feb
2021-04-15 12:00 PM Mar
2021-05-14 04:00 PM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Botswana October Inflation Rate at 6-Month High of 2.2%
The annual inflation rate in Botswana rose to 2.2 percent in October of 2020 from 1.8 percent in September, reaching its highest level in six months. Main upward pressure came from prices of food & non-alcoholic beverages (4.3 percent vs 4.2 percent in September) and housing & utilities (6.6 percent vs 6.4 percent), of which electricity, gas & other fuels (20.4 percent). Additionally, transport cost decreased at a softer pace (-2.5 percent vs -3.9 percent). On a monthly basis, consumer prices were up 0.5 percent, following a 0.8 percent increase in the previous month.
2020-11-13
Botswana September Inflation Rate at 4-Month High of 1.8%
The annual inflation rate in Botswana rose to 1.8 percent in September of 2020 from 1 percent in the prior month, reaching the highest level since May. Main upward pressure came from prices of housing & utilities (6.4 percent vs 6.1 percent in August), of which electricity, gas & other fuels (20.4 percent vs 20.3 percent) and food & non-alcoholic beverages (4.2 percent, the same pace as in August). In addition, cost fell much less for transport (-3.9 percent vs -6.9 percent), namely transportation services (12.5 percent vs 0.1 percent), mainly due to an increase in minibus and taxi fares effective from September 1st. On a monthly basis, consumer prices inched up 0.8 percent, the most since April, after a 0.2 percent increase in August, mainly due to transport prices.
2020-10-18
Botswana Inflation Rate Edges Up to 1% in August
The annual inflation rate in Botswana rose to 1 percent in August of 2020 from a record low of 0.9 percent in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (4.2 percent vs 3.9 percent in July); housing & utilities (6.1 percent vs 5.9 percent); alcoholic beverages & tobacco (6.6 percent, the same pace as in July). In contrast, costs fell for transport (-6.9 percent, the same pace as in July) and recreation & culture (-0.4 percent vs -0.7 percent). On a monthly basis, consumer prices increased 0.2 percent, the same pace as in the previous month.
2020-09-16
Botswana Inflation Rate Steady at Record Low of 0.9%
The annual inflation rate in Botswana stood at 0.9 percent in July of 2020, the lowest level since records began in January of 1997, as prices slumped further for transport (-6.9 percent vs -6.7 percent in June) and recreation & culture (-0.7 percent vs -0.8 percent). In contrast, inflation edged higher for food & non-alcoholic beverages (3.9 percent vs 3.6 percent); housing & utilities (5.9 percent vs 5.7 percent) and alcoholic beverages & tobacco (6.6 percent vs 5.4 percent). On a monthly basis, consumer prices were up 0.2 percent, after falling 1.2 percent in the previous month.
2020-08-17

Botswana Inflation Rate
In Botswana the most important category in the Consumer Price Index is transports (20.65 percent of total weight). Food and non-alcoholic beverages accounts for 16.51 percent; housing, water, electricity, gas and other fuels for 14.9 percent and miscellaneous goods and services for 10.55 percent. Consumer Price Index in Botswana also includes alcoholic beverages and tobacco (7.83 percent); clothing and footwear (6.27 percent). Furnishings, household equipment and maintenance; education ; restaurants and hotels; communication and health account for the remaining 23.9 percent of total weight.