Markets Actual Q3 Q4 Q1 Q2 2022
Stock Market (points) 6887.14 6814 6778 6742 6707 6635
Currency 11.26 11.15 11.22 11.28 11.35 11.48

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Growth Rate (%) 5.00 1.3 2.2 2.2 2.2 1
GDP Annual Growth Rate (%) 0.70 8 6 5 4.3 4.3
Unemployment Rate (%) 23.30 24 24 22.7 22.7 22.7
Inflation Rate (%) 8.80 7.5 6.7 5.3 4 4
Interest Rate (%) 3.75 3.75 3.75 3.75 3.75 3.25
Balance of Trade (BWP Million ) -611.40 1200 255 1100 1100 1100
Current Account (BWP Million ) 4727.44 -2500 -2000 -2000 -2000 -2000
Current Account to GDP (% of GDP) -11.20 -5 -5 -3.7 -3.7 -3.7
Government Debt to GDP (% of GDP) 18.20 22.4 22.4 26.8 26.8 26.8
Government Budget (% of GDP) -5.60 -3.7 -3.7 -4 -4 -4
Corporate Tax Rate (%) 22.00 22 22 22 22 22
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q3 Q4 Q1 Q2 2022
GDP Growth Rate (%) 5.00 1.3 2.2 2.2 2.2 1
GDP Annual Growth Rate (%) 0.70 8 6 5 4.3 4.3
GDP (USD Billion) 15.78 17 17 18.5 18.5 18.5
GDP Constant Prices (BWP Million) 24264.40 25265 25720 25478 25308 26826
Gross Fixed Capital Formation (BWP Million) 30535.10 35929 32367 32062 31848 33759
GDP per capita (USD) 7306.50 7200 7200 7200 7200 7500
GDP per capita PPP (USD) 16040.01 17250 17250 17250 17250 17500
GDP From Agriculture (BWP Million) 390.40 428 414 410 407 432
GDP From Construction (BWP Million) 1824.90 1879 1934 1916 1903 2018
GDP From Manufacturing (BWP Millon) 1494.90 1545 1585 1570 1559 1653
GDP From Mining (BWP Million) 1887.20 2184 2000 1982 1968 2086
GDP From Public Administration (BWP Million) 3303.10 3580 3501 3468 3445 3652
GDP From Services (BWP Million) 5090.40 4969 5396 5345 5309 5628
GDP From Transport (BWP Million) 1514.40 1589 1605 1590 1580 1674
GDP From Utilities (BWP Million) 260.80 366 276 274 272 288

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 23.30 24 24 22.7 22.7 22.7
Population (Million) 2.37 2.4 2.37 2.37 2.37 2.41
Employed Persons 477716.00 446500 446000 446000 446000 446000
Wages (BWP/Month) 5392.00 6500 6500 6500 6500 6500

Prices Actual Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 8.80 7.5 6.7 5.3 4 4
Consumer Price Index CPI (points) 111.80 111 111 112 115 116
Core Consumer Prices (points) 112.10 109 110 111 116 114
Core Inflation Rate (%) 6.80 3.8 3.6 3.3 3.5 3.5
Food Inflation (%) 6.40 6 4 3.7 3.4 3.4
Inflation Rate Mom (%) 0.10 2.3 1.8 0.7 0.5 0.6
CPI Transportation (points) 113.40 104 105 108 115 110

Money Actual Q3 Q4 Q1 Q2 2022
Interest Rate (%) 3.75 3.75 3.75 3.75 3.75 3.25
Banks Balance Sheet (BWP Million) 106350.10 104200 104000 104000 104000 106000
Deposit Interest Rate (%) 1.48 1.48 1.48 1.48 1.48 1.48
Lending Rate (%) 5.25 6.25 6.25 6.25 6.25 6.25
Central Bank Balance Sheet (BWP Million) 52240.30 79250 79500 79500 79500 79700

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (BWP Million ) -611.40 1200 255 1100 1100 1100
Current Account (BWP Million ) 4727.44 -2500 -2000 -2000 -2000 -2000
Current Account to GDP (% of GDP) -11.20 -5 -5 -3.7 -3.7 -3.7
Imports (BWP Million) 7424.90 5600 5800 5800 5800 5800
Exports (Million BWP) 4809.80 6800 6900 6900 6900 6900
Foreign Direct Investment (BWP Million) 232.66 850 1000 1000 1000 1000

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of GDP) 18.20 22.4 22.4 26.8 26.8 26.8
Government Budget (% of GDP) -5.60 -3.7 -3.7 -4 -4 -4
Government Spending (BWP Million) 21317.80 22077 22597 22384 22234 23569
Government Debt (BWP Million) 29228.70 26700 27300 27300 27300 27300
Government Budget Value (BWP Million) -5556.40 -2987 -3597 -3597 -3597 -3597

Taxes Actual Q3 Q4 Q1 Q2 2022
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 Q3 Q4 Q1 Q2 2022
Mining Production (%) -27.10 7 5.6 5.6 5.6 5.6
Industrial Production (%) -9.30 2.3 1.7 1.7 1.7 1.7

Consumer Actual Q3 Q4 Q1 Q2 2022
Consumer Spending (BWP Million) 12613.50 12735 13370 13244 13156 13945
Consumer Credit (BWP Million) 44186.66 44647 45437 45497 46087 47391
Bank Lending Rate (%) 5.25 5.25 5.25 5.25 5.25 5.25


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.