Botswana Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Botswana's interest rate spread was 3.89% in 2025, ranked 66th globally. This represents a 0.5% decrease from 2024. Data from World Bank, covering 1980–2025.
Overview
Botswana's interest rate spread stood at 3.89% in 2025, a decline of +0.02pp from 2024. Based on recent trends, this figure is projected to reach 3.89% by 2025. Botswana ranked 66th globally.
Botswana’s interest‑rate spread has narrowed markedly since the early 1980s, falling from an all‑time peak of 13.46 % in 1982 to a trough of 0.43 % in 1991, before modestly widening to 3.89 % in 2025, a level that places the country 66th globally. The 46‑year series shows a long‑term contraction of the gap between lending and deposit rates, reflecting deepening financial market development and more efficient monetary policy transmission. Compared with peers of similar rank, Botswana’s spread is slightly below Uzbekistan’s 3.96 % and Costa Rica’s 3.77 %, suggesting a relatively competitive pricing environment in its banking sector. The modest upward movement since the 1990s indicates that while the market remains stable, further reductions could be achieved if competition intensifies and regulatory reforms continue to lower funding costs. Future trends will depend on the pace of financial deepening and the Central Bank’s stance on policy rates, which could either sustain the current spread or push it lower.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 3.77% | - | - |
| 2026* trend | 3.83% | - | - |
| 2025* trend | 3.89% | - | - |
| 2025 | 3.89% | −0.02pp | #66 |
| 2024 | 3.91% | +0.12pp | #24 |
| 2023 | 3.79% | −0.85pp | #22 |
| 2022 | 4.64% | +0.82pp | #35 |
| 2021 | 3.82% | −0.38pp | #32 |
| 2020 | 4.19% | −0.61pp | #37 |
| 2019 | 4.80% | −0.18pp | #42 |
| 2018 | 4.98% | −0.45pp | #44 |
| 2017 | 5.43% | +0.25pp | #60 |
| 2016 | 5.18% | −0.27pp | #56 |
| 2015 | 5.45% | −1.02pp | #62 |
| 2014 | 6.47% | −0.61pp | #74 |
| 2013 | 7.08% | −0.31pp | #86 |
| 2012 | 7.39% | +1.54pp | #85 |
| 2011 | 5.85% | −0.01pp | #59 |
Detected Pattern
Analysis
Botswana matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
Botswana's interest rate spread was 3.89% in 2025. Ranked 66th globally. This represents a 0.5% decrease from the previous year.
Botswana's interest rate spread peaked at 13.46% in 1982.
The lowest interest rate spread in Botswana was 0.43% in 1991.
Botswana ranks 66th globally in interest rate spread as of 2025.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
Botswana's interest rate spread is projected to reach 3.89% by 2025 based on trend extrapolation.
The interest rate spread of Botswana in 2025 was 3.89%. This ranks 66th in the world.
Cite this page
@misc{historysaid_botswana_interest-rate-spread,
title = {Botswana Interest Rate Spread},
url = {https://historysaid.com/botswana/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}