Money in Botswana

Botswana Money | Economic News & Forecasts

Botswana - Money

The economy grew 3.1% year-on-year in the third quarter, matching the second quarter’s result which had marked the slowest expansion in two years. Agricultural activity fell at a sharper rate in Q3 as the worst drought in a decade weighed on the sector, while the mining sector remained mired in contraction. On the upside, manufacturing activity expanded solidly, while robust growth in the financial and business sector further buoyed overall growth. Meanwhile, the external sector dragged on the headline reading amid a sharp fall in diamond exports following the closure of the Orapa mine in April 2019. Turning to the fourth quarter, available data points to still-unsupportive external dynamics: Hampered by the downturn in diamond output, merchandise exports contracted for the 14th month running in October—and at the sharpest pace in close to four years.

Botswana - Money Data

2014   2015   2016   2017   2018  
Money (annual variation in %)4.6  19.9  5.4  2.7  8.3  

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Note: Money, annual variation of M2 in %
Source: Bank of Botswana

Botswana Facts

Value Change Date
Bond Yield5.060.23 %Dec 31
Exchange Rate10.58-0.31 %Dec 31
Stock Market1.20.0 %Dec 30

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