Botswana M2 Growth

2002 - 2025 | Monthly | % | CEIC Data

Key information about Botswana M2 Growth

  • Botswana Money Supply M2 dropped 0.5 % YoY in Sep 2025, compared with a drop of -1.0 % in the previous month
  • Botswana Money Supply M2 growth data is updated monthly, available from Jan 2002 to Sep 2025
  • The data reached an all-time high of 71.5 % in Feb 2007 and a record low of -6.7 % in Nov 2009

CEIC calculates M2 Growth Rate from monthly M2. The Bank of Botswana provides M2 in local currency.


Further information about Botswana M2 Growth

  • In the latest reports, Botswana Foreign Exchange Reserves was measured at 5.2 USD bn in Apr 2021
  • The Foreign Exchange Reserves equaled 7.2 Months of Import in Sep 2025
  • Botswana Domestic Credit reached 8.8 USD bn in Sep 2025, representing an increased of 9.6 % YoY
  • The country's Non Performing Loans Ratio stood at 3.2 % in Sep 2025, compared with the ratio of 3.1 % in the previous quarter
  • Household Debt of Botswana reached 4.3 USD bn in Sep 2025, accounting for 21.7 % of the country's Nominal GDP

View Botswana's M2 Growth from Jan 2002 to Sep 2025 in the chart:

Botswana M2 Growth

What was Botswana's M2 Growth in Sep 2025?

Botswana Money Supply M2 dropped 0.5 % YoY in Sep 2025, compared with a drop of -1.0 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
-0.5 Sep 2025 -1.0 Aug 2025 -6.7 Nov 2009 71.5 Feb 2007 % monthly Jan 2002 - Sep 2025

M2 Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 14.5 Nov 2025 monthly Dec 1994 - Nov 2025
Algeria (%) 9.0 Dec 2024 monthly Jan 2002 - Dec 2024
Argentina (%) 37.9 Sep 2025 monthly Jan 1991 - Sep 2025
Armenia (%) 22.1 Sep 2025 monthly Jan 2003 - Sep 2025
Australia (%) 7.1 Nov 2025 monthly Mar 1966 - Nov 2025
Austria (%) 1.3 Nov 2025 monthly Sep 1998 - Nov 2025
Azerbaijan (%) 6.9 Oct 2025 monthly Dec 1996 - Oct 2025
Bahrain (%) 1.7 Nov 2025 monthly Dec 1975 - Nov 2025
Bangladesh (%) 8.1 Sep 2025 monthly Jun 1987 - Sep 2025
Belarus (%) 26.3 Nov 2025 monthly Dec 1990 - Nov 2025
Belgium (%) 2.2 Oct 2025 monthly Dec 1997 - Oct 2025
Bolivia (%) 18.1 Sep 2025 monthly Dec 1988 - Sep 2025
Bosnia and Herzegovina (%) 9.2 Sep 2025 monthly Aug 1998 - Sep 2025
Botswana (%) -0.5 Sep 2025 monthly Jan 2002 - Sep 2025
Brazil (%) 11.6 Nov 2025 monthly Jan 1971 - Nov 2025
Bulgaria (%) 7.7 Oct 2025 monthly Dec 1996 - Oct 2025
Cambodia (%) 14.6 Nov 2025 monthly Jan 1996 - Nov 2025
Canada (%) 5.2 Sep 2025 monthly Jan 1969 - Sep 2025
Chile (%) 2.4 Oct 2025 monthly Jan 1987 - Oct 2025
China (%) 8.0 Nov 2025 monthly Mar 1997 - Nov 2025
Colombia (%) 11.0 Nov 2025 monthly Dec 1980 - Nov 2025
Croatia (%) 7.7 Nov 2025 monthly Jun 1995 - Nov 2025
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 2.7 Nov 2025 monthly Jan 2003 - Nov 2025
Denmark (%) 3.4 Aug 2017 monthly Jan 1996 - Aug 2017
Ecuador (%) 13.5 Oct 2025 monthly Dec 2007 - Oct 2025
Egypt (%) 22.9 Sep 2025 monthly Jan 1997 - Sep 2025
Estonia (%) 4.5 Nov 2025 monthly Jan 2012 - Nov 2025
European Union (%) 3.2 Nov 2025 monthly Jan 1981 - Nov 2025
Finland (%) 3.6 Oct 2025 monthly Jan 1981 - Oct 2025
France (%) 1.1 Oct 2025 monthly Dec 1978 - Oct 2025
Georgia (%) 17.9 Oct 2025 monthly Oct 1996 - Oct 2025
Germany (%) 3.5 Nov 2025 monthly Jan 1970 - Nov 2025
Ghana (%) 30.3 Jun 2025 quarterly Mar 1991 - Jun 2025
Greece (%) 4.2 Oct 2025 monthly Jan 2002 - Oct 2025
Hong Kong SAR, China (%) 10.6 Oct 2025 monthly Dec 1981 - Oct 2025
Hungary (%) 6.0 Oct 2025 monthly Jan 1999 - Oct 2025
Iceland (%) 6.0 Nov 2025 monthly Sep 1987 - Nov 2025
India (%) 11.3 Sep 2025 monthly Mar 1995 - Sep 2025
Indonesia (%) 8.3 Nov 2025 monthly Feb 1969 - Nov 2025
Iran (%) 32.4 Jun 2025 monthly Dec 2000 - Jun 2025
Ireland (%) 4.7 Oct 2025 monthly Jan 2000 - Oct 2025
Israel (%) 6.6 Sep 2025 monthly Apr 1982 - Sep 2025
Italy (%) 2.6 Oct 2025 monthly Dec 1975 - Oct 2025
Ivory Coast (%) 22.5 Sep 2025 monthly Jan 2005 - Sep 2025
Japan (%) 1.8 Nov 2025 monthly Jan 1968 - Nov 2025
Jordan (%) 5.7 Oct 2025 monthly Jan 1991 - Oct 2025
Kazakhstan (%) 15.6 Nov 2025 monthly Dec 1994 - Nov 2025
Kenya (%) 11.2 Oct 2025 monthly Dec 1996 - Oct 2025
South Korea (%) 8.9 Oct 2025 monthly Jan 1971 - Oct 2025
Kosovo (%) 12.4 2024 yearly 2002 - 2024
Kuwait (%) 3.3 Nov 2025 monthly Jan 1995 - Nov 2025
Kyrgyzstan (%) 50.5 Sep 2025 monthly Jan 1995 - Sep 2025
Laos (%) 15.7 Sep 2025 quarterly Dec 2000 - Sep 2025
Latvia (%) 7.6 Nov 2025 monthly Jan 2015 - Nov 2025
Lebanon (%) 33.9 Sep 2025 monthly Dec 1980 - Sep 2025
Lithuania (%) 8.4 Oct 2025 monthly Dec 1994 - Oct 2025
Luxembourg (%) 5.7 Nov 2025 monthly Jan 2000 - Nov 2025
Macau SAR, China (%) 7.3 Oct 2025 monthly Jun 1985 - Oct 2025
North Macedonia (%) 11.7 Nov 2025 monthly Jan 2004 - Nov 2025
Malawi (%) 51.0 Sep 2025 monthly Jan 1976 - Sep 2025
Malaysia (%) 3.9 Nov 2025 monthly Dec 1970 - Nov 2025
Malta (%) 5.8 Oct 2025 monthly Jan 2009 - Oct 2025
Mauritius (%) 10.1 Oct 2025 monthly Jul 1977 - Oct 2025
Mexico (%) 7.6 Nov 2025 monthly Dec 1986 - Nov 2025
Moldova (%) 12.9 Nov 2025 monthly Jan 2001 - Nov 2025
Mongolia (%) 7.0 Oct 2025 monthly Dec 1997 - Oct 2025
Montenegro (%) 9.9 2024 yearly 2003 - 2024
Morocco (%) 9.1 Oct 2025 monthly Jan 1986 - Oct 2025
Mozambique (%) 11.9 Oct 2025 monthly Dec 2002 - Oct 2025
Myanmar (%) 20.0 Mar 2025 quarterly Dec 2002 - Mar 2025
Nepal (%) 12.5 Nov 2025 monthly Jan 2002 - Nov 2025
Netherlands (%) 2.8 Oct 2025 monthly Dec 1957 - Oct 2025
New Zealand (%) 4.5 Nov 2025 monthly Mar 1989 - Nov 2025
Nigeria (%) 12.8 Nov 2025 monthly Apr 1991 - Nov 2025
Norway (%) 5.5 Nov 2025 monthly Dec 1993 - Nov 2025
Oman (%) 4.3 Sep 2025 monthly Jan 2000 - Sep 2025
Pakistan (%) 14.4 Nov 2025 monthly Jan 1989 - Nov 2025
Palestinian Territory (%) 15.8 Nov 2025 monthly Jul 2003 - Nov 2025
Panama (%) 9.7 Sep 2025 monthly Dec 2003 - Sep 2025
Paraguay (%) 13.2 Nov 2025 monthly Dec 1989 - Nov 2025
Peru (%) 5.3 Nov 2025 monthly Jan 1993 - Nov 2025
Philippines (%) 8.8 Oct 2025 monthly Dec 1989 - Oct 2025
Poland (%) 10.6 Nov 2025 monthly Dec 1997 - Nov 2025
Portugal (%) 6.0 Oct 2025 monthly Dec 1980 - Oct 2025
Qatar (%) 1.2 Nov 2025 monthly Jan 1983 - Nov 2025
Romania (%) 6.6 Nov 2025 monthly Dec 2002 - Nov 2025
Russia (%) 13.0 Oct 2025 monthly Dec 1992 - Oct 2025
Saudi Arabia (%) 6.6 Nov 2025 monthly Jan 1994 - Nov 2025
Serbia (%) 11.0 Nov 2025 monthly Aug 2002 - Nov 2025
Singapore (%) 6.1 Nov 2025 monthly Mar 2005 - Nov 2025
Slovakia (%) 5.6 Oct 2025 monthly Dec 2001 - Oct 2025
Slovenia (%) 6.5 Nov 2025 monthly Jan 2008 - Nov 2025
South Africa (%) 7.8 Nov 2025 monthly Mar 1966 - Nov 2025
Spain (%) 5.3 Oct 2025 monthly Jan 1963 - Oct 2025
Sri Lanka (%) 10.8 Sep 2025 monthly Jan 1995 - Sep 2025
Sudan (%) 90.6 Dec 2024 monthly Dec 2004 - Dec 2024
Sweden (%) 3.2 Nov 2025 monthly Jan 1999 - Nov 2025
Switzerland (%) 16.2 Oct 2025 monthly Dec 1985 - Oct 2025

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Botswana Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.4 Jun 2025 quarterly Mar 2004 - Jun 2025
Consolidated Fiscal Balance (USD mn) -48.449 Aug 2025 monthly Apr 2007 - Aug 2025
Tax Revenue (USD mn) 388.590 Aug 2025 monthly Apr 2007 - Aug 2025
Tax Revenue: % of GDP (%) 24.0 Jun 2025 quarterly Jun 2007 - Jun 2025
National Government Debt (USD mn) 4,996.3 2025 yearly 2002 - 2025
Government Debt: % of GDP (%) 29.1 Sep 2025 quarterly Jun 2014 - Sep 2025
Forecast: Government Expenditure (BWP bn) 129.415 2031 yearly 1981 - 2031
Forecast: Government Net Debt (BWP bn) 234.248 2031 yearly 1999 - 2031
Forecast: Government Revenue (BWP bn) 101.797 2031 yearly 2000 - 2031
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) 10,265.170 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: Expenditure (BWP mn) 7,433.300 Jul 2023 monthly Apr 2007 - Jul 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) -275.2 Oct 2025 monthly Jan 2001 - Oct 2025
Total Exports (USD mn) 298.9 Oct 2025 monthly Jan 2003 - Oct 2025
Total Exports Growth (%) -8.6 Oct 2025 monthly Jan 2004 - Oct 2025
Aluminum: Exports (USD th) 111.340 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 1,602.753 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 7,208.451 2024 yearly 1995 - 2024
Total Imports (USD mn) 574.1 Oct 2025 monthly Jan 2003 - Oct 2025
Total Imports Growth (%) -10.4 Oct 2025 monthly Jan 2004 - Oct 2025
Imports: Medicament (USD th) 103,410.185 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 19,726.353 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 2.620 Oct 2025 monthly Feb 2019 - Oct 2025
Total Imports from USA (USD mn) 7.739 Oct 2025 monthly Jan 2000 - Oct 2025
Total Exports to China (USD mn) 36.431 Oct 2025 monthly Apr 2006 - Oct 2025
Total Imports from China (USD mn) 44.238 Oct 2025 monthly Jan 2000 - Oct 2025
Exports: Copper and Nickel (BWP mn) 890.700 Oct 2025 monthly Jan 2003 - Oct 2025
Exports: Machinery and Electric Equipment (BWP mn) 321.600 Oct 2025 monthly Jan 2003 - Oct 2025
Exports: Iron Steels and Related Products (BWP mn) 37.000 Oct 2025 monthly Jan 2003 - Oct 2025
Exports: Meat and Meat Products (BWP mn) 57.500 Oct 2025 monthly Jan 2003 - Oct 2025
Exports: Vehicles and Transport Equipment (BWP mn) 60.200 Oct 2025 monthly Jan 2003 - Oct 2025
Exports: Diamonds (BWP mn) 2,145.400 Oct 2025 monthly Jan 2003 - Oct 2025
Exports: Africa: SACU: South Africa (BWP mn) 574.700 Oct 2025 monthly Apr 2006 - Oct 2025
Exports: EU: Belgium (BWP mn) 378.500 Oct 2025 monthly Apr 2006 - Oct 2025
Exports: Asia: Israel (BWP mn) 82.400 Oct 2025 monthly Apr 2006 - Oct 2025
Imports: Machinery and Electric Equipment (BWP mn) 1,471.800 Oct 2025 monthly Jan 2003 - Oct 2025
Imports: Food, Beverages and Tobacco (BWP mn) 1,227.200 Oct 2025 monthly Jan 2003 - Oct 2025
Imports: Fuel (BWP mn) 1,358.400 Oct 2025 monthly Jan 2003 - Oct 2025
Imports: Vehicles and Transport Equipment (BWP mn) 606.100 Oct 2025 monthly Jan 2003 - Oct 2025
Imports: Metals and Metal Products (BWP mn) 422.300 Oct 2025 monthly Jan 2003 - Oct 2025
Imports: Chemicals and Rubber Products (BWP mn) 915.700 Oct 2025 monthly Jan 2003 - Oct 2025
Imports: Diamonds (BWP mn) 655.600 Oct 2025 monthly Jan 2005 - Oct 2025
Imports: Africa: SADC: SACU: South Africa (BWP mn) 4,808.200 Oct 2025 monthly Apr 2006 - Oct 2025
Imports: Africa: SADC: SACU: Namibia (BWP mn) 342.600 Oct 2025 monthly Apr 2006 - Oct 2025
Foreign Trade: Exports: Re-Exports (BWP mn) 9.900 Oct 2025 monthly Jan 2005 - Oct 2025
Foreign Trade: Exports (BWP mn) 3,969.900 Oct 2025 monthly Jan 2003 - Oct 2025
Foreign Trade: Imports (BWP mn) 7,625.500 Oct 2025 monthly Jan 2003 - Oct 2025
Foreign Trade Balance (BWP mn) -3,655.600 Oct 2025 monthly Jan 2003 - Oct 2025
Import Volume Index (2015=100) 101.817 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 117.152 2021 yearly 1980 - 2021
Import Value Index (2015=100) 115.483 2021 yearly 1980 - 2021
Export Value Index (2015=100) 114.093 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1.1 Jun 2025 quarterly Mar 2004 - Jun 2025
Current Account Balance (USD mn) 495.2 Jun 2025 quarterly Mar 2004 - Jun 2025
Current Account Balance: % of GDP (%) 9.7 Jun 2025 quarterly Mar 2004 - Jun 2025
Foreign Direct Investment (USD mn) -38.1 Jun 2025 quarterly Mar 2004 - Jun 2025
Foreign Direct Investment: % of GDP (%) -0.7 Jun 2025 quarterly Mar 2004 - Jun 2025
Foreign Portfolio Investment (USD mn) 1.212 Jun 2025 quarterly Mar 2004 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 0.0 Jun 2025 quarterly Mar 2004 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 34.2 2024 yearly 1975 - 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 0.000 2024 yearly 1975 - 2024
External Debt (USD mn) 1,498.8 2025 yearly 1994 - 2025
External Debt: % of GDP (%) 7.8 2025 yearly 1995 - 2025
External Debt: Short Term (USD mn) 144.7 2024 yearly 1973 - 2024
External Debt: Short Term: % of GDP (%) 0.8 2024 yearly 1994 - 2024
Forecast: Current Account Balance (USD bn) 0.194 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 3,862.226 2024 yearly 1996 - 2024
BW: BOP: Net Errors and Omissions (USD mn) -211.979 2024 yearly 1975 - 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.2 Sep 2025 quarterly Dec 2002 - Sep 2025
Household Debt: % of GDP (%) 21.6 Sep 2025 quarterly Dec 2002 - Sep 2025
Non-Performing Loans (USD mn) 218.922 Sep 2025 quarterly Mar 2001 - Sep 2025
Money Supply M1 (USD mn) 2,576.441 Sep 2025 monthly Dec 2000 - Sep 2025
Money Supply M2 (USD mn) 8,861.639 Sep 2025 monthly Jan 2001 - Sep 2025
M2 Growth (%) -0.5 Sep 2025 monthly Jan 2002 - Sep 2025
Reserve Requirement Ratio (%) 0.0 Dec 2025 monthly Feb 2006 - Dec 2025
Foreign Exchange Reserves (USD mn) 5,165.9 Apr 2021 monthly Jan 1992 - Apr 2021
Foreign Exchange Reserves: % of GDP (%) 19.402 Sep 2025 quarterly Jun 1994 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 7.2 Sep 2025 monthly Jan 2003 - Sep 2025
Total Deposits (USD mn) 8,319.167 Oct 2025 monthly Dec 2002 - Oct 2025
Total Deposits Growth (%) 1.8 Sep 2025 monthly Dec 2003 - Sep 2025
Domestic Credit (USD mn) 8,802.1 Sep 2025 monthly Dec 2004 - Sep 2025
Domestic Credit Growth (%) 9.6 Sep 2025 quarterly Dec 2005 - Sep 2025
Household Debt (USD mn) 4,309.4 Oct 2025 monthly Dec 2002 - Oct 2025
Total Loans (USD mn) 6,828.932 Sep 2025 monthly Dec 2002 - Sep 2025
Total Loans Growth (%) 7.08 Oct 2025 monthly Dec 2003 - Oct 2025
Private Debt: % of Nominal GDP (%) 31.99 Sep 2025 quarterly Dec 2002 - Sep 2025
Monetary Aggregates: M2 (BWP mn) 118,498.633 Nov 2024 monthly Jan 2001 - Nov 2024
Monetary Aggregates: M1 (BWP mn) 32,489.729 Nov 2024 monthly Dec 2004 - Nov 2024
Bank of Botswana: Foreign Exchange Reserves (USD th) 3,941,105.000 Nov 2024 monthly Jan 1992 - Nov 2024
Commercial Banks Loans and Advances: Outstanding (BWP mn) 90,429.626 Oct 2025 monthly Dec 2002 - Oct 2025
Commercial Banks Deposits (BWP mn) 107,239.032 Dec 2024 monthly Dec 2002 - Dec 2024
Commercial Banks Loans and Advances: Outstanding: Resident Business (BWP mn) 30,861.566 Dec 2024 monthly Dec 2002 - Dec 2024
Commercial Banks Loans and Advances: Outstanding: Households: Property Purchase (BWP mn) 14,877.585 Dec 2024 monthly Dec 2002 - Dec 2024
Commercial Banks Loans and Advances: Outstanding: Households (BWP mn) 55,767.832 Dec 2024 monthly Dec 2002 - Dec 2024
Commercial Banks Loans and Advances: Arrears: Over 90 Days (BWP mn) 2,831.533 Dec 2024 quarterly Mar 2001 - Dec 2024

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