Policy Interest Rate in Botswana
Inflation came in at 8.0% in April (March: 9.9%), still above the Central Bank’s 3.0–6.0% target range. The deceleration reflected a moderation in transport and housing and utilities prices. Inflation is expected to average lower in 2023 compared to 2022 but remain above the target. Risks include commodity price swings, unexpected administrative price changes and fiscal developments.
Botswana Policy Interest Rate Chart
This chart displays Policy Interest Rate (%) for Botswana from 2013 to 2022.
Botswana Policy Interest Rate Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Bank Rate (%, eop) | 5.00 | 4.75 | 4.75 | 3.75 | 3.75 |