Botswana – General economic overview

Capital Gaborone
Population (millions) 2
Business language English
Sovereign rating A - long term A-2 short term
Power utility Botswana Power Corporation
Main mobile operator Mascom
Main export destination European Union
Primary export Diamonds
Primary import Diamonds (26.7%) and
Fuel (16.9%)

Macroeconomic overview

Real GDP growth (%) 3.2 % (June 2013)
Real GDP P18.6984 billion
Real per capita GDP P9,349 million
Headline inflation (average%) 5.6% (August 2013)
Policy rate (%) 1.8%
Broad money growth (%) 9% (June 2013 y/y)
Budget balance (% of GDP) 15% Surplus (oct 2013)
Goverment debt (% of GDP) 27.5 % defecit
Monetary policy objective Inflation (3-6)% range

Note: 1. Policy rate as at (Date 14 August 2013); all other macroeconomic
indicators are (year) estimates Source: Bank of Botswana and CSO

Botswana Foreign Exchange 1
Currency Pula
ISO code BWP
De jure classification Foreign Exchange
Main cross USD/BWP
Risk on maincross USD/ZAR and SDR currency