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.
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.
