Botswana Macro Lab combines official local releases with benchmark data to deliver clean dashboards, live macro monitoring, and concise Botswana-focused economic analysis.
Botswana macro conditions
Inflation is currently 4% and trending higher versus the previous release (+0.30). Real GDP growth stands at 2.6%, with momentum appearing stronger (+0.10).
The exchange rate is 13.6999, moving higher relative to the previous observation (+0.0139), while the trade balance is -1.2 bn BWP and currently looks weakening (-0.20).
Financial conditions are being shaped by a 3.5% policy rate and a 7.19% average prime lending rate. In real terms, the policy rate is -0.5% and the real prime lending rate is 3.19%, which helps show whether borrowing conditions are genuinely restrictive once inflation is taken into account.