Inflation Botswana 2022
Average inflation: 11.6%
Current Inflation
Inflation is very high at 11.6%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 14.6%. The lowest inflation was in March at 7.4%.
- Highest month
- August: 14.6%
- Lowest month
- March: 7.4%
- Difference
- 7.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 35.0%. The lowest price increase was in Food with an average of 9.9%.
- Highest increase
- Energy: 35.0%
- Lowest increase
- Food: 9.9%
Historical Context
Current inflation is 6.2% higher than the 5-year average of 5.4%. This approaches the highest level since records began (11.6% in 2022).
- 5-year average
- 5.4%
- 10-year average
- 4.6%
- All-time high (2022)
- 11.6%
- All-time low (2020)
- 1.9%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +4.4 percentage point.
- Change vs. previous year
- +4.4 percentage points
- Largest monthly swing
- January: +8.4 percentage points
ECB Target
Inflation is 9.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €111.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 10.6% | +8.4 |
| February | 10.6% | +8.2 |
| March | 7.4% | +1.8 |
| April | 7.5% | -0.3 |
| May | 9.7% | +1.4 |
| June | 12.7% | +4.5 |
| July | 14.3% | +5.4 |
| August | 14.6% | +5.8 |
| September | 13.8% | +5.4 |
| October | 13.1% | +4.2 |
| November | 13.1% | +4.5 |
| December | 12.4% | +3.7 |
| Average | 11.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.