Bank Rate in Botswana
The Bank Rate ended 2022 at 2.65%, down from the 3.75% end-2021 value, and significantly lower than the 7.50% rate a decade earlier. For reference, the average Bank Rate in Sub-Saharan Africa was 11.80% at end-2022. For more interest rate information, visit our dedicated page.
Botswana Interest Rate Chart
Note: This chart displays Policy Interest Rate (%) for Botswana from 2014 to 2023.
Source: Macrobond.
Botswana Interest Rate Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Bank Rate (%, eop) | 4.75 | 3.75 | 3.75 | 2.65 | 2.40 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Batswana interest rate projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Batswana interest rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Batswana interest rate projections.
Want to get access to the full dataset of Batswana interest rate forecasts? Send an email to info@focus-economics.com.