General Economic overview | |
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Capital | Gaborone |
Population (millions) | 2.2 |
Business language | English |
Sovereign rating1 | A- |
Power utility | Botswana Power Corporation (BPC) |
Main mobile operator | Mascom Wireless |
Main export destination | Belgium |
Source of main import | South Africa |
Primary export | Diamonds |
Primary import | Diamonds |
Note: 1. Long-term foreign currency rating as at the end of July 2018. Trading statistics as at 2017
Macroeconomic overview2 | |
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Real GDP growth (y/y, %) | 4.5 |
Real GDP (US$bn) | 18 |
Real per capita GDP (US$) | 7 952 |
Headline inflation (average %) | 3.2 |
Policy rate (%) | A5.0 |
Budget balance (% of GDP) | -3.5 |
Gross Government debt (% of GDP) | 15.0 |
Current account balance (% of GDP) | 2.8 |
Monetary policy objective | Price stability and maintaining crawling peg |
Note: 2. Policy rate as at end August 2018 and inflation is the twelve-month average to July 2018 average. All other macroeconomic indicators are 2018 estimates.
Foreign Exchange info | |
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Currency | Pula |
ISO code | BWP |
De facto classification | Crawling peg |
De jure classification | Crawling peg |
Main cross | US dollar |
Risk on main cross | Volatility |