Markets Actual Q1 Q2 Q3 Q4 2023
Stock Market (points) 7039.88 7004 6968 6933 6897 6827

Overview Actual Q1 Q2 Q3 Q4 2023
GDP Growth Rate (%) 3.40 1.8 2 2.3 3 1.4
GDP Annual Growth Rate (%) 8.40 5 3.8 4.7 5.9 4.4
Unemployment Rate (%) 23.30 22.7 22.7 22.7 22.7 21.8
Inflation Rate (%) 8.70 8 7.3 5.8 4.6 4
Interest Rate (%) 3.75 3.75 3.75 3.25 3.25 3.25
Balance of Trade (BWP Million ) -3840.80 -900 -3300 -700 -800 1600
Current Account (BWP Million ) -2696.11 -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) -5.60 -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 Q1 Q2 Q3 Q4 2023
GDP Growth Rate (%) 3.40 1.8 2 2.3 3 1.4
GDP Annual Growth Rate (%) 8.40 5 3.8 4.7 5.9 4.4
GDP (USD Billion) 15.78 17 17 18.5 18.5 18.5
GDP Constant Prices (BWP Million) 47833.70 48630 48041 50082 50656 52885
Gross Fixed Capital Formation (BWP Million) 10966.20 10981 11383 11482 11613 12124
GDP per capita (USD) 6525.51 7150 7150 7150 7150 7300
GDP per capita PPP (USD) 16040.01 17250 17250 17250 17500 17500
GDP From Agriculture (BWP Million) 793.10 792 792 830 840 877
GDP From Construction (BWP Million) 4149.50 4608 4270 4345 4394 4588
GDP From Manufacturing (BWP Millon) 2532.10 2525 2523 2651 2681 2799
GDP From Mining (BWP Million) 11264.40 9347 10602 11794 11929 12454
GDP From Public Administration (BWP Million) 7840.70 8140 8239 8209 8303 8669
GDP From Services (BWP Million) 5090.40 5345 5284 5330 5391 5628
GDP From Transport (BWP Million) 790.20 862 805 827 837 874
GDP From Utilities (BWP Million) 478.50 528 404 501 507 529

Labour Actual Q1 Q2 Q3 Q4 2023
Unemployment Rate (%) 23.30 22.7 22.7 22.7 22.7 21.8
Population (Million) 2.37 2.37 2.37 2.37 2.41 2.41
Employed Persons 477716.00 446000 446000 446000 446000 446000
Wages (BWP/Month) 5392.00 6500 6500 6500 6500 6500

Prices Actual Q1 Q2 Q3 Q4 2023
Inflation Rate (%) 8.70 8 7.3 5.8 4.6 4
Consumer Price Index CPI (points) 113.50 114 119 119 119 123
Core Consumer Prices (points) 113.40 111 116 117 117 121
Core Inflation Rate (%) 7.00 3.3 3.5 3.5 3.5 3.2
Food Inflation (%) 7.20 6 5 4 3.5 3
CPI Transportation (points) 116.80 117 117 117 118 118
Inflation Rate Mom (%) 0.10 0.2 0.3 0.02 0.2 0.1

Money Actual Q1 Q2 Q3 Q4 2023
Interest Rate (%) 3.75 3.75 3.75 3.25 3.25 3.25
Banks Balance Sheet (BWP Million) 108683.90 112000 114000 115500 110000 118000
Deposit Interest Rate (%) 1.48 1.48 1.48 0.98 0.98 0.98
Lending Rate (%) 5.25 6.25 6.25 6.25 6.25 6.25
Central Bank Balance Sheet (BWP Million) 52240.30 79500 79500 79500 79700 79700

Trade Actual Q1 Q2 Q3 Q4 2023
Balance of Trade (BWP Million ) -3840.80 -900 -3300 -700 -800 1600
Current Account (BWP Million ) -2696.11 -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) 8801.50 8500 8100 7400 7100 5800
Exports (Million BWP) 4960.70 7600 4800 6700 6300 7400
Foreign Direct Investment (BWP Million) 262.08 1000 1000 1000 1000 1000

Government Actual Q1 Q2 Q3 Q4 2023
Government Debt to GDP (% of GDP) 18.20 26.8 26.8 26.8 26.8 25
Government Budget (% of GDP) -5.60 -4 -4 -4 -4 -3.8
Government Spending (BWP Million) 52928.00 55574 54939 55416 56051 58517
Government Debt (BWP Million) 29228.70 27300 27300 27300 27300 27300
Government Budget Value (BWP Million) -5556.40 -3597 -3597 -3597 -3597 -3597

Taxes Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2023
Mining Production (%) -27.10 5.6 5.6 5.6 5.6 5.6
Industrial Production (%) 185.60 1.7 1.7 1.7 1.7 1.7

Consumer Actual Q1 Q2 Q3 Q4 2023
Consumer Spending (BWP Million) 17633.20 19448 18303 18462 18674 19495
Consumer Credit (BWP Million) 44299.30 45497 45866 46381 46913 48977
Bank Lending Rate (%) 5.25 5.25 5.25 4.75 4.75 4.75


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 Tuesday, January 25, 2022.