Markets Actual Q3 Q4 Q1 Q2 2022
Stock Market (points) 6630.79 6601 6571 6542 6512 6453
Currency 11.06 11.12 11.2 11.27 11.35 11.5

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 7.3 6.5 6.3 4 4.5
Unemployment Rate (%) 23.30 18.6 18.6 18.3 18.3 18.3
Inflation Rate (%) 8.20 6.5 5.7 5.3 4 4
Interest Rate (%) 3.75 3.75 3.75 3.75 3.75 3.25
Balance of Trade (BWP Million ) -2615.10 1200 1100 1100 1100 1100
Current Account (BWP Million ) -3792.59 -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 24 24 26 26 26
Government Budget (% of GDP) -5.60 -11.6 -11.6 -11.6 -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 2022
GDP Growth Rate (%) 5.00 1.3 2.2 2.2 2.2 1
GDP Annual Growth Rate (%) 0.70 7.3 6.5 6.3 4 4.5
GDP (USD Billion) 15.78 17 17 18.5 18.5 18.5
GDP Constant Prices (BWP Million) 24264.40 21967 28035 25842 25793 27004
Gross Fixed Capital Formation (BWP Million) 30535.10 38756 32382 32520 32459 33983
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) 390.40 457 435 416 415 434
GDP From Construction (BWP Million) 1824.90 1399 2066 1944 1940 2031
GDP From Manufacturing (BWP Millon) 1494.90 1171 1686 1592 1589 1664
GDP From Mining (BWP Million) 1887.20 1114 3054 2010 2006 2100
GDP From Public Administration (BWP Million) 3303.10 3787 3500 3518 3511 3676
GDP From Services (BWP Million) 5090.40 3874 6128 5421 5411 5665
GDP From Transport (BWP Million) 1514.40 1509 1754 1613 1610 1685
GDP From Utilities (BWP Million) 260.80 308 300 278 277 290

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 23.30 18.6 18.6 18.3 18.3 18.3
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 (%) 8.20 6.5 5.7 5.3 4 4
Consumer Price Index CPI (points) 110.80 110 110 112 115 115
Core Consumer Prices (points) 111.60 109 110 111 116 114
Core Inflation Rate (%) 6.80 3.8 3.6 3.3 3.5 3.5
Food Inflation (%) 6.80 6 4 3.7 3.4 3.4
Inflation Rate Mom (%) 0.40 2.3 1.8 0.7 0.5 0.6
CPI Transportation (points) 110.20 103 104 108 115 108

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) 107882.60 104200 104000 104000 104000 106000
Deposit Interest Rate (%) 1.36 1.36 1.36 1.36 1.36 1.36
Lending Rate (%) 5.25 6.25 6.25 6.25 6.25 6.25
Central Bank Balance Sheet (BWP Million) 54291.93 79250 79500 79500 79500 79700

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (BWP Million ) -2615.10 1200 1100 1100 1100 1100
Current Account (BWP Million ) -3792.59 -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) 291.50 850 1000 1000 1000 1000

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of GDP) 18.20 24 24 26 26 26
Government Budget (% of GDP) -5.60 -11.6 -11.6 -11.6 -3 -3
Government Spending (BWP Million) 21317.80 23814 21828 22703 22661 23725
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 (%) -15.90 2.3 1.7 1.7 1.7 1.7

Consumer Actual Q3 Q4 Q1 Q2 2022
Consumer Spending (BWP Million) 12613.50 12021 12693 13433 13408 14038
Consumer Credit (BWP Million) 43558.43 47281 39442 45652 46060 47706
Bank Lending Rate (%) 5.25 5.25 6.75 5.25 5.25 4.75


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.