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The African Exponent DATA

Country

🇧🇼 Botswana

BW · BWP Botswana pula · Compare Botswana →

Policy rate 5.50% Monetary Policy Rate · 18 May 2026
Headline inflation 9.30% Aug 2026
FX premium not yet covered
Latest T-bill 10.04% 91-day · 27 Feb 2026

Tier 1 · Markets

The Market Now

Series Per US$1 As of Source
Official not yet covered
Marketparallel 15.55 27 Sep 2026, 00:40 UTC OKX P2P
Premium not yet covered

Official rate, 10-year annual average (World Bank)

8.911.41420142017202020232025

Download CSV — FX history · Download CSV — official rate, annual

Tier 2 · Policy & Prices

Policy & Prices

Policy rate

Instrument Rate Effective Source
Bank of Botswana Monetary Policy Rate 5.50% 18 May 2026 Bank of Botswana

As of 21 Sep 2026, 09:30 UTC

Inflation

Headline 9.30% Aug 2026 headline CPI Source
Food 5.90% Aug 2026 Food & non-alcoholic beverages Source
Core 5.90% Aug 2026 excluding administered prices Source

As of 18 Sep 2026, 02:39 UTC

Download CSV — headline · Download CSV — food · Download CSV — core

Yield curve

weighted avg BoB

91-day 10.04% 27 Feb 2026
182-day 10.736% 27 Feb 2026

Steep — 182-day above 91-day.

as of 27 Feb 2026

Download CSV — auction history

Tier 3 · Structure

Structure & trajectory

Annual indicators, latest available year on each card · Sources: World Bank / UN / IMF WEO Oct 2025 / V-Dem / EIA

13 of 25 indicators improving mixed

Rule: for each metric with at least two observations, direction is the sign of (latest − earliest). Child mortality, $3/day poverty, national poverty, debt service, debt-to-GDP, and the Gini index are inverted (a decline is improvement). Overall: improving if ≥60% of those metrics improved, mixed if 40–60%, worsening if <40%.

Population

2.6M · 2025

2.2M2.4M2.6M201520172019202120232025

↑ 390,078 since 2014

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GDP per capita (PPP)

$20,698 · 2025

$14,000$17,500$21,000201520172019202120232025

↑ $5,695 since 2014

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GDP per capita growth

-2.3% · 2025

-11%0%11%201520172019202120232025

↓ 6.5 pts since 2014

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Life expectancy

69.3 years · 2024

6265.569201420162018202020222024

↑ 7.1 years since 2014

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Child mortality

33.3 per 1,000 · 2024

334149201420162018202020222024

↓ 15.7 since 2014

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Internet users

57.5% · 2024

36%47%58%201420162018202020222024

↑ 20.7 pts since 2014

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Manufacturing share of GDP

5.7% · 2025

5.2%6.2%7.2%201520172019202120232025

↓ 2.2 pts since 2014

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Electricity access

80.2% · 2024

60%70%80%201420162018202020222024

↑ 20.2 pts since 2014

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Adult literacy

not available

Debt service / exports

4.7% · 2024

0.7%2.7%4.7%201420162018202020222024

↑ 4 pts since 2014

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Exports of goods and services

$5.6B · 2024

$4.7B$7.1B$9.5B201420162018202020222024

↓ $3.9B since 2014

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GDP growth

-0.7% · 2025

-9%0%12%201520172019202120232025

↓ 6.4 pts since 2014

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GDP

$19.9B · 2025

$13B$16.5B$20B201520172019202120232025

↑ $4.5B since 2014

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Unemployment

24.5% · 2025

18%21%24%201520172019202120232025

↑ 6 pts since 2014

ILO modeled estimate — national definitions differ

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FDI inflows

$467.3M · 2024

$-319.1M$0$741.5M201420162018202020222024

↓ $47.9M since 2014

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Remittances

$128.3M · 2024

$24M$77M$130M201420162018202020222024

↑ $82.2M since 2014

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External debt

$2.3B · 2024

$1.5B$2B$2.5B201420162018202020222024

↓ $172.4M since 2014

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Agriculture share of GDP

1.8% · 2025

1.5%1.9%2.2%201520172019202120232025

↓ 0 pts since 2014

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Services share of GDP

64.6% · 2025

54%60%66%201520172019202120232025

↑ 11.6 pts since 2014

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Investment rate

28.2% · 2025

24%26.5%29%201520172019202120232025

↑ 2.8 pts since 2014

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Terms of trade

76.70 · 2024

76.0093.00110.00201420162018202020222024

↓ 12.20 since 2014

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FX reserves

$3.5B · 2024

$3.4B$5.8B$8.3B201420162018202020222024

↓ $4.9B since 2014

includes gold

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Lending rate

6.3% · 2024

5.2%7.1%9%201420162018202020222024

↓ 2.7 pts since 2014

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Deposit rate

2.4% · 2024

1.4%2.1%2.9%201420162018202020222024

↓ 0.2 pts since 2014

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Health expenditure

6.3% · 2023

5.7%6.2%6.6%2014201820202023

↑ 0.4 pts since 2014

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Physicians

0.4 per 1,000 · 2023

0.370.40.43201620202023

↑ 0 since 2016

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Tertiary enrollment

21.4% · 2024

20%23.5%27%201420162018202020222024

↓ 3.4 pts since 2014

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Tourist arrivals

1.8M · 2018

1.6M1.7M1.8M2015201620172018

↑ 170,000 since 2015

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Account ownership

61.4% · 2024

51%56%61%201420162018202020222024

↑ 9.5 pts since 2014

Findex · every 3–4 years

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Exports per capita derived

$2,219 · 2024

$2,000$3,200$4,400201420162018202020222024

↓ $2,146 since 2014

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Median age

22.9 years · 2023

2122232014201820202023

↑ 1.2 years since 2014

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Government revenue / GDP

25% · 2026

25%30%35%201620182020202220242026

↓ 15.4 pts since 2014

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Debt to GDP

47% · 2026

19%33%47%20142017202020232026

↑ 23.1 pts since 2014

Source: IMF WEO · latest 1–2 years are IMF estimates

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Gross debt (national currency)

BWP 136.9B · 2026

BWP 32BBWP 86BBWP 140B20142017202020232026

↑ BWP 103.8B since 2014

Source: IMF WEO · latest 1–2 years are IMF estimates

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Current account / GDP

-1.9% · 2026

-10%0%12%20142017202020232026

↓ 13 pts since 2014

Source: IMF WEO · latest 1–2 years are IMF estimates

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Budget balance / GDP

-10.7% · 2026

-11%0%4%20142017202020232026

↓ 14.6 pts since 2014

Source: IMF WEO · latest 1–2 years are IMF estimates

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Electoral democracy

0.67 · 2025

0.560.620.69201520172019202120232025

↓ 0.05 since 2014

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Trade profile

Exports

$5.6B · 2024

$4.7B$7.1B$9.5B201420162018202020222024

↓ $3.9B since 2014

Imports

$8.2B · 2024

$6.2B$7.8B$9.3B201420162018202020222024

↓ $852.9M since 2014

Balance derived

−$2.6B · 2024

$-2.8B$0$1.3B201420162018202020222024

↓ $3B since 2014

Top exports · 2023

Products

  1. Pearls, precious stones and metals $4.4B · 79.2%
  2. Ores, slag and ash $507.9M · 9.2%
  3. Electrical machinery and equipment $181.4M · 3.3%
  4. Inorganic chemicals $56.5M · 1.0%
  5. Live animals $45.7M · 0.8%
  6. Machinery and mechanical appliances $40.6M · 0.7%
  7. Mineral fuels $36.7M · 0.7%
  8. Plastics $34M · 0.6%
  9. Vehicles other than railway $27.4M · 0.5%
  10. Salt, earths, stone, cement $25.2M · 0.5%

Partners

  1. United Arab Emirates $1.6B · 29.8%
  2. Belgium $985.9M · 17.9%
  3. India $674.2M · 12.3%
  4. South Africa $653M · 11.9%
  5. China $351.7M · 6.4%
  6. Hong Kong $322.9M · 5.9%
  7. Israel $215.1M · 3.9%
  8. Australia $121.2M · 2.2%
  9. United States $111.9M · 2.0%
  10. Singapore $97.8M · 1.8%

Top imports · 2023

Products

  1. Mineral fuels $1.3B · 20.5%
  2. Pearls, precious stones and metals $954.6M · 14.9%
  3. Machinery and mechanical appliances $541.3M · 8.4%
  4. Vehicles other than railway $455.6M · 7.1%
  5. Electrical machinery and equipment $344M · 5.4%
  6. Beverages, spirits, vinegar $279.4M · 4.4%
  7. Cereals $155.4M · 2.4%
  8. Plastics $154.2M · 2.4%
  9. Pharmaceutical products $138.3M · 2.2%
  10. Articles of iron or steel $130.1M · 2.0%

Partners

  1. South Africa $4.2B · 65.0%
  2. Namibia $496M · 7.7%
  3. Canada $312M · 4.9%
  4. China $210.1M · 3.3%
  5. India $174.4M · 2.7%
  6. Zambia $132.8M · 2.1%
  7. Armenia $114.2M · 1.8%
  8. Mozambique $98.7M · 1.5%
  9. United States $85.2M · 1.3%
  10. Belgium $79.6M · 1.2%

2025 filings are still arriving — this page updates as each country reports

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