Economic Statistics

Statistics

The National Accounts Quarterly Brief indicates that the domestic economy increased by 1% in the second quarter of 2017 compared to an increase of 3.9% recorded in the same quarter of 2016 (Statistics Botswana GDP Q2, 2017) 

Annual Inflation Rate – 3.2% in September 2017 (Statistics Botswana Consumer Price Index Report September 2017 )

The 2016/17 Global Competitiveness Report (GCR) indicates that Botswana ranks 64th out of 138 countries and, fourth in the region behind Mauritius (45th), South Africa (47th) and Rwanda (52nd) (Global Competitiveness Report 2016)

Bank rate has been reduced from 5.5% to 5.0%  in October 2017 (Bank of Botswana Monetary Policy Committee Report, October 2017)

Botswana’s foreign exchange reserves stood at P76.6 billion in August 2017 (Bank of Botswana Statement of Financial Position as at August 31, 2017)