Botswana Interest Rate

The benchmark interest rate in Botswana was last recorded at 7.50 percent. Interest Rate in Botswana is reported by the Bank of Botswana. Interest Rate in Botswana averaged 11.71 Percent from 2006 until 2014, reaching an all time high of 15.50 Percent in June of 2008 and a record low of 7.50 Percent in December of 2013. In Botswana, interest rates decisions are taken by The Bank of Botswana. The official interest rate is the Bank Rate. This page provides - Botswana Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
7.50 7.50 15.50 7.50 7.25 | 2014/03 2006 - 2014 Percent Monthly

TO

Botswana Interest Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-06-18 05:00 PM Botswana
Interest Rate Decision
8.5% 9% 8.75%
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Money Last Previous Highest Lowest Forecast Unit
Interest Rate 7.50 2014-03-31 7.50 15.50 7.50 7.25 2014-03-31 Percent [+]
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Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Botswana Consumer Price Index (CPI) at 173.90 Index Points  
Consumer Price Index (CPI) in Botswana increased to 173.90 Index Points in February of 2014 from 173.10 Index Points in January of 2014. Consumer Price Index (CPI) in Botswana is reported by the Bank of Botswana.
Botswana Inflation Rate at 4.40 Percent  
The inflation rate in Botswana was recorded at 4.40 percent in March of 2014. Inflation Rate in Botswana is reported by the Central Statistics Office, Botswana.
Botswana Changes in Inventories at 467.48 BWP Million  
Changes in Inventories in Botswana decreased to 467.48 BWP Million in 2012 from 2625.09 BWP Million in 2011. Changes in Inventories in Botswana is reported by the Bank of Botswana.
Botswana Consumer Spending at 39187.76 BWP Million  
Consumer Spending in Botswana increased to 39187.76 BWP Million in 2012 from 38171.23 BWP Million in 2011. Consumer Spending in Botswana is reported by the Bank of Botswana.
Botswana Current Account at 3359.19 BWP Million  
Botswana recorded a Current Account surplus of 3359.19 BWP Million in the third quarter of 2013. Current Account in Botswana is reported by the Bank of Botswana.
Botswana GDP Current Prices at 31678.20 BWP Million  
GDP Constant Prices in Botswana decreased to 31678.20 BWP Million in the fourth quarter of 2013 from 31688 BWP Million in the third quarter of 2013. GDP Constant Prices in Botswana is reported by the Central Statistics Office, Botswana.
Botswana Government Spending at 13564.74 BWP Million  
Government Spending in Botswana increased to 13564.74 BWP Million in 2012 from 12273.10 BWP Million in 2011. Government Spending in Botswana is reported by the Bank of Botswana.
Botswana Gross Fixed Capital Formation at 26769.31 BWP Million  
Gross Fixed Capital Formation in Botswana increased to 26769.31 BWP Million in 2012 from 23888.65 BWP Million in 2011. Gross Fixed Capital Formation in Botswana is reported by the Bank Of Botswana.
Botswana GDP Growth Rate at 3.60 Percent  
The Gross Domestic Product (GDP) in Botswana expanded 3.60 percent in the fourth quarter of 2013 over the previous quarter. GDP Growth Rate in Botswana is reported by the Central Statistics Office, Botswana.
Botswana GDP Annual Growth Rate at 4.70 Percent  
The Gross Domestic Product (GDP) in Botswana expanded 4.70 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Botswana is reported by the Central Statistics Office, Botswana.
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