Markets Actual Q2 Q3 Q4 Q1 2023
Currency 12.38 12.27 12.42 12.57 12.72 13.04
Stock Market (points) 7202.75 7180 7152 7125 7098 7044

Overview Actual Q2 Q3 Q4 Q1 2023
GDP Growth Rate (%) -2.80 -1.3 1.6 2.3 3 2
GDP Annual Growth Rate (%) 5.60 3.2 3.5 4.1 3.7 4
Unemployment Rate (%) 23.30 22.7 22.7 22.7 22.7 21.8
Inflation Rate (%) 11.90 12.4 10 8.5 7.4 7
Interest Rate (%) 2.15 2.15 2.65 3.15 3.65 4.5
Balance of Trade (BWP Million ) 713.00 -900 -3300 -700 -800 1600
Current Account (BWP Million ) -3566.60 -2000 -2000 -2000 -2000 -2000
Current Account to GDP (% of GDP) -11.20 -3.7 -3.7 -3.7 -3.7 -1
Government Debt to GDP (% of GDP) 18.20 26.8 26.8 26.8 26.8 25
Government Budget (% of GDP) -5.10 -4 -4 -4 -4 -3.8
Corporate Tax Rate (%) 22.00 22 22 22 22 22
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q2 Q3 Q4 Q1 2023
GDP Growth Rate (%) -2.80 -1.3 1.6 2.3 3 2
GDP Annual Growth Rate (%) 5.60 3.2 3.5 4.1 3.7 4
GDP (USD Billion) 15.78 17 18.5 18.5 18.5 18.5
GDP Constant Prices (BWP Million) 46485.30 47705 49495 48391 48205 50327
Gross Fixed Capital Formation (BWP Million) 10790.20 11009 10345 11233 11189 11682
GDP per capita (USD) 6525.51 7150 7150 7150 7150 7300
GDP per capita PPP (USD) 16040.01 17250 17250 17500 17500 17500
GDP From Agriculture (BWP Million) 791.10 787 821 824 820 856
GDP From Construction (BWP Million) 4334.30 4245 4295 4512 4495 4692
GDP From Manufacturing (BWP Million) 2570.80 2509 2621 2676 2666 2783
GDP From Mining (BWP Million) 9421.40 10541 11742 9808 9770 10200
GDP From Public Administration (BWP Million) 7897.80 8140 8110 8222 8190 8550
GDP From Services (BWP Million) 5090.40 5253 5269 5299 5279 5511
GDP From Transport (BWP Million) 818.90 800 818 852 849 887
GDP From Utilities (BWP Million) 368.00 402 381 383 382 398

Labour Actual Q2 Q3 Q4 Q1 2023
Unemployment Rate (%) 23.30 22.7 22.7 22.7 22.7 21.8
Population (Million) 2.41 2.45 2.45 2.45 2.47 2.47
Employed Persons 477716.00 446000 446000 446000 446000 446000
Wages (BWP/Month) 5392.00 6500 6500 6500 6500 6500

Prices Actual Q2 Q3 Q4 Q1 2023
Inflation Rate (%) 11.90 12.4 10 8.5 7.4 7
Consumer Price Index CPI (points) 123.20 125 124 123 125 132
Core Consumer Prices (points) 118.00 120 120 121 121 127
Core Inflation Rate (%) 5.80 7.2 6.8 6.5 5.7 5
Food Inflation (%) 8.30 8 7.4 5.6 4.5 4
Inflation Rate Mom (%) 2.60 1.8 1.4 0.8 0.4 0.2
CPI Transportation (points) 144.20 147 149 150 151 151

Money Actual Q2 Q3 Q4 Q1 2023
Interest Rate (%) 2.15 2.15 2.65 3.15 3.65 4.5
Banks Balance Sheet (BWP Million) 108954.00 110000 112500 110000 110000 118000
Deposit Interest Rate (%) 1.65 1.65 2.15 2.65 3.15 3.5
Lending Rate (%) 5.25 6.25 6.25 6.25 6.25 6.25
Foreign Exchange Reserves (USD Million) 4926.00 4700 4900 5000 4700 5100
Central Bank Balance Sheet (BWP Million) 55460.80 60000 61200 59800 61000 62000

Trade Actual Q2 Q3 Q4 Q1 2023
Balance of Trade (BWP Million ) 713.00 -900 -3300 -700 -800 1600
Current Account (BWP Million ) -3566.60 -2000 -2000 -2000 -2000 -2000
Current Account to GDP (% of GDP) -11.20 -3.7 -3.7 -3.7 -3.7 -1
Imports (BWP Million) 6417.20 8100 7400 7100 6800 5800
Exports (Million BWP) 7128.00 4800 6700 6300 7100 7400
Foreign Direct Investment (BWP Million) 194.35 1000 1000 1000 1000 1000
External Debt (BWP Million) 15768.90 15500 16701 16669 16733 17502

Government Actual Q2 Q3 Q4 Q1 2023
Government Debt to GDP (% of GDP) 18.20 26.8 26.8 26.8 26.8 25
Government Budget (% of GDP) -5.10 -4 -4 -4 -4 -3.8
Government Spending (BWP Million) 54744.50 54742 54901 56989 56770 59269
Government Debt (BWP Million) 29228.70 27300 27300 27300 27300 27300
Government Budget Value (BWP Million) -530.30 -3597 -3597 -3597 -3597 -3597

Taxes Actual Q2 Q3 Q4 Q1 2023
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 14 14 14 14 14

Business Actual Q2 Q3 Q4 Q1 2023
Mining Production (%) 28.10 18 12 10 5.6 3
Industrial Production (%) 15.10 7 5.8 4.3 2.7 5

Consumer Actual Q2 Q3 Q4 Q1 2023
Consumer Spending (BWP Million) 20427.70 19402 19240 21265 21184 22116
Consumer Credit (BWP Million) 45945.90 45601 46404 47487 47646 49386
Bank Lending Rate (%) 5.25 5.25 5.75 6.25 6.75 7.1


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Botswana Forecast - was last updated on Thursday, June 30, 2022.