Botswana Inflation Rate 1975-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Botswana inflation rate for 2023 was 5.07%, a 6.6% decline from 2022.
  • Botswana inflation rate for 2022 was 11.67%, a 4.42% increase from 2021.
  • Botswana inflation rate for 2021 was 7.24%, a 5.35% increase from 2020.
  • Botswana inflation rate for 2020 was 1.89%, a 0.88% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 221.34%
Turkey 53.86%
Iran 44.58%
Kazakhstan 14.73%
Serbia 12.37%
Colombia 11.74%
Romania 10.40%
Bulgaria 9.44%
North Macedonia 9.36%
Algeria 9.32%
Azerbaijan 8.79%
Montenegro 8.58%
Samoa 8.12%
Mauritius 7.05%
Jamaica 6.47%
Peru 6.46%
Tonga 6.35%
Guatemala 6.21%
South Africa 6.07%
Namibia 5.88%
Mexico 5.53%
Botswana 5.07%
Belarus 5.00%
Dominican Republic 4.79%
Paraguay 4.63%
Brazil 4.59%
St. Vincent and the Grenadines 4.56%
Belize 4.39%
St. Lucia 4.07%
Gabon 3.63%
Dominica 3.48%
Maldives 2.93%
Guyana 2.82%
Grenada 2.70%
Malaysia 2.49%
Libya 2.37%
Ecuador 2.22%
Jordan 2.08%
Armenia 1.98%
Thailand 1.23%
Costa Rica 0.53%
China 0.23%
Botswana Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 5.07% -6.60%
2022 11.67% 4.42%
2021 7.24% 5.35%
2020 1.89% -0.88%
2019 2.77% -0.47%
2018 3.24% -0.07%
2017 3.31% 0.49%
2016 2.82% -0.25%
2015 3.06% -1.34%
2014 4.40% -1.48%
2013 5.88% -1.65%
2012 7.54% -0.92%
2011 8.46% 1.51%
2010 6.95% -1.08%
2009 8.03% -4.67%
2008 12.70% 5.62%
2007 7.08% -4.47%
2006 11.56% 2.95%
2005 8.61% 1.66%
2004 6.95% -2.24%
2003 9.19% 1.16%
2002 8.03% 1.47%
2001 6.56% -2.04%
2000 8.60% 0.85%
1999 7.75% 1.09%
1998 6.66% -2.06%
1997 8.72% -1.36%
1996 10.08% -0.43%
1995 10.51% -0.03%
1994 10.54% -3.79%
1993 14.33% -1.84%
1992 16.17% 4.40%
1991 11.77% 0.37%
1990 11.40% -0.18%
1989 11.58% 3.22%
1988 8.35% -1.45%
1987 9.80% -0.20%
1986 10.00% 1.91%
1985 8.09% -0.48%
1984 8.58% -1.90%
1983 10.48% -0.66%
1982 11.14% -5.29%
1981 16.43% 2.80%
1980 13.63% 1.90%
1979 11.74% 2.69%
1978 9.04% -4.12%
1977 13.17% 1.44%
1976 11.73% -0.24%
1975 11.97% -0.24%