Botswana Forecast: Real GDP Growth
1980 - 2028 | Yearly | % | International Monetary Fund
Key information about Botswana Forecast: Real GDP Growth
- Botswana Real GDP Growth is forecasted to be 3.739 % in Dec 2023 as reported by International Monetary Fund.
- It records a decrease from the last reported number of 6.433 % in Dec 2022.
- Looking ahead, Botswana Real GDP Growth is projected to stand at 3.957 % in Dec 2028.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.
View Botswana's Forecast: Real GDP Growth from 1980 to 2028 in the chart:
What is Botswana's Forecast: Real GDP Growth in 2028?
Botswana Real GDP Growth is forecasted to be 3.739 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3.957 2028 | 3.979 2027 | -14.144 2009 | 23.420 1988 | % | yearly | 1980 - 2028 |
Forecast: Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | -20.737 2021 | yearly | 2003 - 2021 |
| Albania (%) | 3.400 2028 | yearly | 1980 - 2028 |
| Algeria (%) | 1.782 2028 | yearly | 1980 - 2028 |
| Andorra (%) | 1.500 2028 | yearly | 2001 - 2028 |
| Angola (%) | 4.230 2028 | yearly | 1980 - 2028 |
| Antigua and Barbuda (%) | 2.685 2027 | yearly | 1980 - 2027 |
| Argentina (%) | 2.000 2027 | yearly | 1980 - 2027 |
| Armenia (%) | 4.500 2028 | yearly | 1993 - 2028 |
| Aruba (%) | 1.100 2028 | yearly | 1987 - 2028 |
| Australia (%) | 2.279 2027 | yearly | 1980 - 2027 |
| Austria (%) | 1.527 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 2.572 2028 | yearly | 1993 - 2028 |
| Bahamas (%) | 1.496 2027 | yearly | 1980 - 2027 |
| Bahrain (%) | 2.733 2028 | yearly | 1980 - 2028 |
| Bangladesh (%) | 9.531 2021 | yearly | 1980 - 2021 |
| Barbados (%) | 1.840 2027 | yearly | 1980 - 2027 |
| Belarus (%) | 0.741 2028 | yearly | 1993 - 2028 |
| Belgium (%) | 1.289 2028 | yearly | 1980 - 2028 |
| Belize (%) | 2.012 2027 | yearly | 1980 - 2027 |
| Benin (%) | 5.934 2028 | yearly | 1980 - 2028 |
| Bhutan (%) | 3.625 2028 | yearly | 1980 - 2028 |
| Bolivia (%) | 3.400 2027 | yearly | 1980 - 2027 |
| Bosnia and Herzegovina (%) | 3.000 2028 | yearly | 1997 - 2028 |
| Botswana (%) | 3.957 2028 | yearly | 1980 - 2028 |
| Brazil (%) | 2.015 2028 | yearly | 1980 - 2028 |
| Brunei (%) | 2.112 2027 | yearly | 1986 - 2027 |
| Bulgaria (%) | 2.840 2028 | yearly | 1980 - 2028 |
| Burkina Faso (%) | 5.258 2027 | yearly | 1980 - 2027 |
| Burundi (%) | 4.565 2027 | yearly | 1980 - 2027 |
| Cambodia (%) | 6.500 2027 | yearly | 1988 - 2027 |
| Cameroon (%) | 4.898 2027 | yearly | 1980 - 2027 |
| Canada (%) | 1.662 2028 | yearly | 1980 - 2028 |
| Cape Verde (%) | 4.498 2027 | yearly | 1980 - 2027 |
| Central African Republic (%) | 3.347 2028 | yearly | 1980 - 2028 |
| Chad (%) | 3.508 2027 | yearly | 1980 - 2027 |
| Chile (%) | 2.459 2027 | yearly | 1980 - 2027 |
| China (%) | 3.437 2028 | yearly | 1980 - 2028 |
| Colombia (%) | 3.345 2028 | yearly | 1980 - 2028 |
| Comoros (%) | 4.342 2027 | yearly | 1980 - 2027 |
| Congo (%) | 3.980 2028 | yearly | 1980 - 2028 |
| Costa Rica (%) | 3.243 2027 | yearly | 1980 - 2027 |
| Croatia (%) | 2.800 2028 | yearly | 1993 - 2028 |
| Cyprus (%) | 2.899 2028 | yearly | 1980 - 2028 |
| Czech Republic (%) | 2.501 2027 | yearly | 1996 - 2027 |
| Democratic Republic of Congo (%) | 6.482 2028 | yearly | 1980 - 2028 |
| Denmark (%) | 1.800 2027 | yearly | 1980 - 2027 |
| Djibouti (%) | 5.000 2028 | yearly | 1992 - 2028 |
| Dominica (%) | 2.685 2028 | yearly | 1980 - 2028 |
| Dominican Republic (%) | 4.985 2028 | yearly | 1980 - 2028 |
| Ecuador (%) | 2.751 2028 | yearly | 1980 - 2028 |
| Egypt (%) | 5.984 2028 | yearly | 1980 - 2028 |
| El Salvador (%) | 1.965 2027 | yearly | 1980 - 2027 |
| Equatorial Guinea (%) | -0.981 2027 | yearly | 1980 - 2027 |
| Eritrea (%) | 2.925 2028 | yearly | 1993 - 2028 |
| Estonia (%) | 3.300 2027 | yearly | 1994 - 2027 |
| Swaziland (%) | 2.278 2027 | yearly | 1980 - 2027 |
| Ethiopia (%) | 6.953 2028 | yearly | 1980 - 2028 |
| Fiji (%) | 3.459 2028 | yearly | 1980 - 2028 |
| Finland (%) | 1.624 2028 | yearly | 1980 - 2028 |
| France (%) | 1.450 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 3.809 2027 | yearly | 1981 - 2027 |
| Gambia (%) | 5.000 2027 | yearly | 1980 - 2027 |
| Georgia (%) | 5.198 2028 | yearly | 1995 - 2028 |
| Germany (%) | 1.134 2028 | yearly | 1980 - 2028 |
| Ghana (%) | 6.774 2027 | yearly | 1980 - 2027 |
| Greece (%) | 1.355 2027 | yearly | 1980 - 2027 |
| Grenada (%) | 2.849 2027 | yearly | 1980 - 2027 |
| Guatemala (%) | 3.900 2028 | yearly | 1980 - 2028 |
| Guinea (%) | 5.187 2027 | yearly | 1980 - 2027 |
| Guinea-Bissau (%) | 5.000 2027 | yearly | 1981 - 2027 |
| Guyana (%) | 3.320 2027 | yearly | 1980 - 2027 |
| Haiti (%) | 1.500 2027 | yearly | 1980 - 2027 |
| Honduras (%) | 3.940 2027 | yearly | 1980 - 2027 |
| Hong Kong SAR, China (%) | 2.849 2027 | yearly | 1980 - 2027 |
| Hungary (%) | 3.150 2027 | yearly | 1980 - 2027 |
| Iceland (%) | 2.379 2028 | yearly | 1980 - 2028 |
| India (%) | 6.042 2029 | yearly | 1981 - 2029 |
| Indonesia (%) | 5.117 2027 | yearly | 1980 - 2027 |
| Iran (%) | 2.047 2029 | yearly | 1981 - 2029 |
| Iraq (%) | 2.625 2027 | yearly | 1999 - 2027 |
| Ireland (%) | 3.010 2027 | yearly | 1980 - 2027 |
| Israel (%) | 3.499 2027 | yearly | 1980 - 2027 |
| Italy (%) | 0.882 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 6.000 2028 | yearly | 1980 - 2028 |
| Jamaica (%) | 1.600 2027 | yearly | 1980 - 2027 |
| Japan (%) | 0.409 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 3.300 2027 | yearly | 1980 - 2027 |
| Kazakhstan (%) | 2.778 2028 | yearly | 1993 - 2028 |
| Kenya (%) | 5.516 2027 | yearly | 1980 - 2027 |
| Kiribati (%) | 1.971 2027 | yearly | 1980 - 2027 |
| South Korea (%) | 2.340 2027 | yearly | 1980 - 2027 |
| Kosovo (%) | 3.800 2028 | yearly | 2001 - 2028 |
| Kuwait (%) | 2.655 2027 | yearly | 1980 - 2027 |
| Kyrgyzstan (%) | 3.977 2028 | yearly | 1993 - 2028 |
| Laos (%) | 4.496 2028 | yearly | 1980 - 2028 |
| Latvia (%) | 3.377 2027 | yearly | 1993 - 2027 |
| Lebanon (%) | -22.000 2020 | yearly | 1980 - 2020 |
| Lesotho (%) | 1.599 2029 | yearly | 1981 - 2029 |
| Liberia (%) | 5.680 2027 | yearly | 2001 - 2027 |
| Libya (%) | 3.588 2027 | yearly | 1980 - 2027 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 2.5 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| Consolidated Fiscal Balance (USD mn) | -37.355 Jun 2023 | monthly | Apr 2007 - Jun 2023 |
| Tax Revenue (USD mn) | 496.639 Jun 2023 | monthly | Apr 2007 - Jun 2023 |
| Tax Revenue: % of GDP (%) | 34.0 Jun 2023 | quarterly | Jun 2007 - Jun 2023 |
| National Government Debt (USD mn) | 3,497.5 2023 | yearly | 2002 - 2023 |
| Government Debt: % of GDP (%) | 17.2 Jun 2023 | quarterly | Jun 2014 - Jun 2023 |
| Forecast: Government Expenditure (BWP bn) | 115.893 2029 | yearly | 1981 - 2029 |
| Forecast: Government Net Debt (BWP bn) | 68.318 2029 | yearly | 1999 - 2029 |
| Forecast: Government Revenue (BWP bn) | 117.911 2029 | yearly | 2000 - 2029 |
| Government Budget: Revenue (BWP mn) | 10,566.963 Jul 2023 | monthly | Apr 2007 - Jul 2023 |
| Government Budget: Expenditure: Net Lending (BWP mn) | -8.630 Jun 2023 | monthly | Apr 2007 - Jun 2023 |
| Government Budget: Revenue: Tax (BWP mn) | 6,680.970 Jun 2023 | monthly | Apr 2007 - Jun 2023 |
| Government Budget: Expenditure (BWP mn) | 7,433.300 Jul 2023 | monthly | Apr 2007 - Jul 2023 |
| Government Budget: Expenditure: Recurrent (BWP mn) | 5,717.440 Jun 2023 | monthly | Apr 2007 - Jun 2023 |
| Government Budget: Surplus/Deficit (BWP mn) | -502.517 Jun 2023 | monthly | Apr 2007 - Jun 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 4.332 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -198.3 Jan 2024 | monthly | Jan 2001 - Jan 2024 |
| Total Exports (USD mn) | 356.7 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Total Exports Growth (%) | -33.1 Jan 2024 | monthly | Jan 2004 - Jan 2024 |
| Aluminum: Exports (USD th) | 492.299 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 4,642.194 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 12,558.330 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 555.0 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Total Imports Growth (%) | 25.1 Jan 2024 | monthly | Jan 2004 - Jan 2024 |
| Imports: Medicament (USD th) | 106,766.483 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 30,187.371 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 3.920 Jan 2024 | monthly | Feb 2019 - Jan 2024 |
| Total Imports from USA (USD mn) | 11.960 Sep 2023 | monthly | Jan 2000 - Sep 2023 |
| Total Exports to China (USD mn) | 32.451 Jan 2024 | monthly | Apr 2006 - Jan 2024 |
| Total Imports from China (USD mn) | 13.762 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| BW: Imports: cif: World (USD mn) | 1,715.734 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Foreign Trade: Exports: Re-Exports (BWP mn) | 0.000 Jan 2024 | monthly | Jan 2005 - Jan 2024 |
| Foreign Trade: Exports (BWP mn) | 4,849.900 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Foreign Trade Balance (BWP mn) | -2,695.400 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Foreign Trade: Imports (BWP mn) | 7,545.300 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Exports: Copper and Nickel (BWP mn) | 9.500 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Exports: Machinery and Electric Equipment (BWP mn) | 209.400 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Exports: Diamonds (BWP mn) | 864.400 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Exports: Meat and Meat Products (BWP mn) | 21.400 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Exports: Vehicles and Transport Equipment (BWP mn) | 70.200 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Exports: Iron Steels and Related Products (BWP mn) | 12.200 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Exports: Asia: Israel (BWP mn) | 128.500 Jan 2024 | monthly | Apr 2006 - Jan 2024 |
| Exports: EU: Belgium (BWP mn) | 515.700 Jan 2024 | monthly | Apr 2006 - Jan 2024 |
| Exports: Africa: SACU: South Africa (BWP mn) | 745.300 Jan 2024 | monthly | Apr 2006 - Jan 2024 |
| Imports: Machinery and Electric Equipment (BWP mn) | 770.800 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Imports: Food, Beverages and Tobacco (BWP mn) | 1,101.600 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Imports: Fuel (BWP mn) | 1,352.700 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Imports: Chemicals and Rubber Products (BWP mn) | 879.900 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Imports: Diamonds (BWP mn) | 1,799.000 Jan 2024 | monthly | Jan 2005 - Jan 2024 |
| Imports: Metals and Metal Products (BWP mn) | 316.600 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Imports: Vehicles and Transport Equipment (BWP mn) | 724.500 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Imports: Africa: SADC: SACU: Namibia (BWP mn) | 1,217.500 Jan 2024 | monthly | Apr 2006 - Jan 2024 |
| Imports: Africa: SADC: SACU: South Africa (BWP mn) | 4,342.600 Jan 2024 | monthly | Apr 2006 - Jan 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.4 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| Household Debt: % of GDP (%) | 20.2 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| Non-Performing Loans (USD mn) | 204.363 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Money Supply M1 (USD mn) | 2,323.480 Nov 2023 | monthly | Dec 2000 - Nov 2023 |
| Money Supply M2 (USD mn) | 8,132.478 Nov 2023 | monthly | Jan 2001 - Nov 2023 |
| M2 Growth (%) | 8.6 Nov 2023 | monthly | Jan 2002 - Nov 2023 |
| Reserve Requirement Ratio (%) | 2.5 Feb 2021 | monthly | Feb 2006 - Feb 2021 |
| Foreign Exchange Reserves (USD mn) | 5,165.9 Apr 2021 | monthly | Jan 1992 - Apr 2021 |
| Foreign Exchange Reserves: % of GDP (%) | 24.152 Jun 2023 | quarterly | Jun 1994 - Jun 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 8.2 Mar 2023 | monthly | Jan 2003 - Mar 2023 |
| Total Deposits (USD mn) | 7,889.887 Jan 2024 | monthly | Dec 2002 - Jan 2024 |
| Total Deposits Growth (%) | 15.1 Jan 2024 | monthly | Dec 2003 - Jan 2024 |
| Domestic Credit (USD mn) | 6,007.9 Feb 2023 | monthly | Dec 2004 - Feb 2023 |
| Domestic Credit Growth (%) | 8.6 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
| Household Debt (USD mn) | 3,911.4 Jan 2024 | monthly | Dec 2002 - Jan 2024 |
| Total Loans (USD mn) | 6,144.566 Jan 2024 | monthly | Dec 2002 - Jan 2024 |
| Total Loans Growth (%) | 9.70 Jan 2024 | monthly | Dec 2003 - Jan 2024 |
| Private Debt: % of Nominal GDP (%) | 28.62 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| Monetary Aggregates: M2 (BWP mn) | 109,898.347 Nov 2023 | monthly | Jan 2001 - Nov 2023 |
| Monetary Aggregates: M1 (BWP mn) | 31,398.381 Nov 2023 | monthly | Dec 2004 - Nov 2023 |
| Bank of Botswana: Foreign Exchange Reserves (USD th) | 5,035,000.000 Aug 2023 | monthly | Jan 1992 - Aug 2023 |
| Commercial Banks Loans and Advances: Arrears: Over 90 Days (BWP mn) | 2,743.128 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
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