Markets Actual Q3 Q4 Q1 Q2 2021
Stock Market (points) 7118.55 7090 7050 7012 6974 6897
Currency 11.51 11.59 11.66 11.73 11.8 11.94

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) -0.90 0.6 1.3 -1.8 0.7 1.8
GDP Annual Growth Rate (%) 2.60 -7.6 -8.5 5 4.7 5.6
Unemployment Rate (%) 18.20 18.8 18.8 19 19 19
Inflation Rate (%) 2.40 3.2 3.4 3 3.2 3.4
Interest Rate (%) 4.25 4.25 4 4 4 4
Balance of Trade (BWP Million ) -1212.20 -1670 1200 1200 1200 1100
Current Account (BWP Million ) -6581.05 -800 -2500 -2500 -2500 -2000
Current Account to GDP (%) 9.70 6.5 6.5 7 7 7
Government Debt to GDP (%) 23.00 25 25 20 20 20
Government Budget (% of GDP) -3.90 -5.8 -5.8 -3 -3 -3
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 2021
GDP Growth Rate (%) -0.90 0.6 1.3 -1.8 0.7 1.8
GDP Annual Growth Rate (%) 2.60 -7.6 -8.5 5 4.7 5.6
GDP (USD Billion) 18.34 17 17 18.5 18.5 18.5
GDP Constant Prices (BWP Million) 25071.00 23925 23139 26553 26477 24434
Gross Fixed Capital Formation (BWP Million) 33230.90 30033 30406 34892 34793 32109
GDP per capita (USD) 8093.00 7000 7000 7200 7200 7200
GDP per capita PPP (USD) 17766.50 17050 17050 17250 17250 17250
GDP From Agriculture (BWP Million) 374.00 370 347 399 398 367
GDP From Construction (BWP Million) 1882.70 1810 1727 1981 1976 1823
GDP From Manufacturing (BWP Millon) 1435.50 1396 1389 1594 1590 1467
GDP From Mining (BWP Million) 2406.70 2300 2280 2616 2609 2408
GDP From Public Administration (BWP Million) 3239.10 3109 2953 3389 3379 3118
GDP From Services (BWP Million) 5499.30 5150 5044 5789 5772 5327
GDP From Transport (BWP Million) 1570.60 1559 1491 1711 1706 1575
GDP From Utilities (BWP Million) 235.70 238 293 336 335 309

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 18.20 18.8 18.8 19 19 19
Population (Million) 2.30 2.35 2.33 2.4 2.4 2.37
Employed Persons 483814.00 444000 446500 446500 446500 446000
Wages (BWP/Month) 6533.00 6400 6500 6500 6500 6500

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 2.40 3.2 3.4 3 3.2 3.4
Consumer Price Index CPI (points) 103.70 105 106 106 107 109
Core Consumer Prices (points) 104.00 105 105 106 107 108
Core Inflation Rate (%) 2.60 2.5 2.6 2.7 2.5 2.5
Food Inflation (%) 3.20 3.6 4 3.5 3.7 3.8
Inflation Rate Mom (%) 0.00 0.5 0.3 0.2 0.3 0.4
CPI Transportation (points) 100.70 104 105 104 104 108

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 4.25 4.25 4 4 4 4
Banks Balance Sheet (BWP Million) 99110.40 103500 104000 104000 104200 104000
Deposit Interest Rate (%) 1.64 1.64 1.64 1.64 1.64 1.64
Lending Rate (%) 6.25 6.25 6.25 6.25 6.25 6.25
Central Bank Balance Sheet (BWP Million) 62910.21 78000 79300 79300 79250 79500

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (BWP Million ) -1212.20 -1670 1200 1200 1200 1100
Current Account (BWP Million ) -6581.05 -800 -2500 -2500 -2500 -2000
Current Account to GDP (%) 9.70 6.5 6.5 7 7 7
Imports (BWP Million) 1355.10 5370 5600 5600 5600 5800
Exports (Million BWP) 142.80 3700 6800 6800 6800 6900
Foreign Direct Investment (BWP Million) 677.80 935 850 850 850 1000

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 23.00 25 25 20 20 20
Government Budget (% of GDP) -3.90 -5.8 -5.8 -3 -3 -3
Government Spending (BWP Million) 20425.40 19032 18689 21447 21385 19736
Government Debt (BWP Million) 26025.20 26700 26700 26700 26700 27300
Government Budget Value (BWP Million) -4127.80 -2182 -2987 -2987 -2987 -3597

Taxes Actual Q3 Q4 Q1 Q2 2021
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 12 12 12 12 12

Business Actual Q3 Q4 Q1 Q2 2021
Mining Production (%) -7.90 1.5 7 7 7 5.6
Industrial Production (%) -3.00 3 2.3 2.3 2.3 1.7

Consumer Actual Q3 Q4 Q1 Q2 2021
Consumer Spending (BWP Million) 11853.70 11116 10651 12222 12187 11247
Consumer Credit (BWP Million) 40744.98 37023 36567 42621 42499 38615
Bank Lending Rate (%) 6.25 6.25 6.25 6.25 6.25 6.25


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.