Markets Actual Q2 Q3 Q4 Q1 2022
Stock Market (points) 6583.82 6546 6509 6474 6438 6367
Currency 10.71 10.83 10.89 10.96 11.02 11.16

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) 3.70 2 1.3 2.2 2.2 1
GDP Annual Growth Rate (%) -4.10 6.5 7.3 7.5 6.3 5.5
Unemployment Rate (%) 23.30 18.6 18.6 18.6 18.3 18.3
Inflation Rate (%) 3.20 2.8 2.6 2.8 2.6 3.2
Interest Rate (%) 3.75 3.25 2.75 2.75 2.75 2.5
Balance of Trade (BWP Million ) 13.90 163 1200 255 255 255
Current Account (BWP Million ) -3792.59 -2500 -2500 -2000 -2000 -2000
Current Account to GDP (%) 1.00 -3 -3 -3 -3 4
Government Debt to GDP (%) 17.70 25 25 25 25 17
Government Budget (% of GDP) -3.90 -4 -4 -4 -4 -2.7
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 2022
GDP Growth Rate (%) 3.70 2 1.3 2.2 2.2 1
GDP Annual Growth Rate (%) -4.10 6.5 7.3 7.5 6.3 5.5
GDP (USD Billion) 18.34 18.5 18.5 18.5 18.5 21
GDP Constant Prices (BWP Million) 24264.40 20082 25101 26084 25793 27519
Gross Fixed Capital Formation (BWP Million) 30535.10 35430 35696 32825 32459 34631
GDP per capita (USD) 8093.00 7200 7200 7200 7200 7500
GDP per capita PPP (USD) 17766.50 17250 17250 17250 17250 17500
GDP From Agriculture (BWP Million) 390.40 418 425 420 415 443
GDP From Construction (BWP Million) 1824.90 1279 1866 1962 1940 2070
GDP From Manufacturing (BWP Millon) 1494.90 1071 1535 1607 1589 1695
GDP From Mining (BWP Million) 1887.20 1019 2170 2029 2006 2140
GDP From Public Administration (BWP Million) 3303.10 3462 3556 3551 3511 3746
GDP From Services (BWP Million) 5090.40 3541 4937 5472 5411 5773
GDP From Transport (BWP Million) 1514.40 1380 1579 1628 1610 1718
GDP From Utilities (BWP Million) 260.80 281 364 280 277 296

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 23.30 18.6 18.6 18.6 18.3 18.3
Population (Million) 2.37 2.4 2.4 2.37 2.37 2.41
Employed Persons 477716.00 446500 446500 446000 446000 446000
Wages (BWP/Month) 5392.00 6500 6500 6500 6500 6500

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 3.20 2.8 2.6 2.8 2.6 3.2
Consumer Price Index CPI (points) 106.00 105 106 107 109 111
Core Consumer Prices (points) 107.50 109 109 110 111 114
Core Inflation Rate (%) 3.90 4 3.8 3.6 3.3 3.5
Food Inflation (%) 4.00 3.8 4 3.7 3.4 3.6
CPI Transportation (points) 102.80 96.53 99.52 101 105 105
Inflation Rate Mom (%) 0.80 1.4 0.8 0.4 0.4 0.6

Money Actual Q2 Q3 Q4 Q1 2022
Interest Rate (%) 3.75 3.25 2.75 2.75 2.75 2.5
Banks Balance Sheet (BWP Million) 104533.80 104200 104200 104000 104000 106000
Deposit Interest Rate (%) 1.36 0.86 0.36 0.36 0.36 0.36
Central Bank Balance Sheet (BWP Million) 54501.19 79250 79250 79500 79500 79700
Lending Rate (%) 5.25 6.25 6.25 6.25 6.25 6.25

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (BWP Million ) 13.90 163 1200 255 255 255
Current Account (BWP Million ) -3792.59 -2500 -2500 -2000 -2000 -2000
Current Account to GDP (%) 1.00 -3 -3 -3 -3 4
Imports (BWP Million) 113.30 5600 5600 5800 5800 5800
Exports (Million BWP) 517.00 6800 6800 6900 6900 6900
Foreign Direct Investment (BWP Million) 291.50 850 850 1000 1000 1000

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (%) 17.70 25 25 25 25 17
Government Budget (% of GDP) -3.90 -4 -4 -4 -4 -2.7
Government Spending (BWP Million) 21317.80 21770 21934 22917 22661 24177
Government Debt (BWP Million) 29228.70 26700 26700 27300 27300 27300
Government Budget Value (BWP Million) -5556.40 -2987 -2987 -3597 -3597 -3597

Taxes Actual Q2 Q3 Q4 Q1 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 Q2 Q3 Q4 Q1 2022
Mining Production (%) -27.10 7 7 5.6 5.6 5.6
Industrial Production (%) -15.90 2.3 2.3 1.7 1.7 1.7

Consumer Actual Q2 Q3 Q4 Q1 2022
Consumer Spending (BWP Million) 12613.50 10989 12653 13560 13408 14305
Consumer Credit (BWP Million) 43069.15 43223 44358 46080 45706 48615
Bank Lending Rate (%) 5.25 4.75 4.25 4.25 4.25 4.25


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.