The Central Bank of Botswana left its benchmark interest rate unchanged at 5 percent at its April 24th meeting. The annual inflation rate stood at 3.3 percent in March, unchanged from the previous month and close to the lower bound of the medium-term objective range (3-6 percent). Regarding growth, the economy expanded 4.5 percent in 2018 from 2.9 percent in 2017, as mining output recovered sharply helped by diamonds (7.4 percent vs -11.1 percent). Interest Rate in Botswana averaged 9.45 percent from 2006 until 2019, reaching an all time high of 15.50 percent in June of 2008 and a record low of 5 percent in October of 2017.

Interest Rate in Botswana is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Botswana to stand at 4.75 in 12 months time. In the long-term, the Botswana Interest Rate is projected to trend around 4.75 percent in 2020, according to our econometric models.

Botswana Interest Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-22 09:45 AM Interest Rate Decision 5% 5% 5% 5%
2018-12-04 09:45 AM Interest Rate Decision 5% 5% 5%
2019-02-26 09:55 AM Interest Rate Decision 5% 5% 5%
2019-04-24 10:00 AM Interest Rate Decision 5% 5% 5%
2019-06-27 09:45 AM Interest Rate Decision 5% 4.75%
2019-08-29 09:45 AM Interest Rate Decision 4.75%
2019-10-31 09:45 AM Interest Rate Decision 4.75%


Botswana Money Last Previous Highest Lowest Unit
Interest Rate 5.00 5.00 15.50 5.00 percent [+]
Banks Balance Sheet 91553.10 91332.10 91553.10 14842.25 BWP Million [+]
Deposit Interest Rate 1.58 1.58 13.70 1.09 percent [+]
Lending Rate 6.50 6.50 16.50 6.50 percent [+]
Loans To Private Sector 22404.31 23093.25 23204.70 4374.30 BWP Million [+]
Money Supply M1 17310.01 17428.10 18161.50 6522.55 BWP Million [+]
Money Supply M2 78433.43 80603.73 80772.42 35697.50 BWP Million [+]
Money Supply M3 78433.43 80603.73 80772.42 35697.50 BWP Million [+]
Foreign Exchange Reserves 7096.00 6657.00 10346.00 5152.00 USD Million [+]
Central Bank Balance Sheet 72150.04 75274.21 89975.09 50627.34 BWP Million [+]


Botswana Interest Rate

In Botswana, interest rates decisions are taken by The Bank of Botswana. The official interest rate is the Bank Rate. This page provides - Botswana Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Botswana Interest Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 15.50 5.00 2006 - 2019 percent Daily




Country Last Previous
Argentina 71.22 May/19
Turkey 24.00 Apr/19
Mexico 8.25 May/19
Russia 7.75 Apr/19
South Africa 6.75 Apr/19
Brazil 6.50 May/19
India 6.00 Apr/19
Indonesia 6.00 May/19
China 4.35 Apr/19
Saudi Arabia 3.00 Apr/19
United States 2.50 May/19
Singapore 2.24 Mar/19
Canada 1.75 Apr/19
South Korea 1.75 Apr/19
Australia 1.50 May/19
United Kingdom 0.75 May/19
Euro Area 0.00 Apr/19
France 0.00 Apr/19
Germany 0.00 Apr/19
Italy 0.00 Apr/19
Netherlands 0.00 Apr/19
Spain 0.00 Apr/19
Japan -0.10 Apr/19
Switzerland -0.75 Apr/19


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