IMD World Competitiveness Booklet 2023

Competitiveness Country Profiles

Botswana Competitiveness Trends – Overall

OVERALL PERFORMANCE (64 countries)

BASIC FACTS

Rank

2019

2020

2021

2022

2023

Capital Land area (square km '000)

Gaborone

582 2022

58

59

12,369 2022

Exchange rate (per $)

2,46 2022 57 19,0 2022 63 19.136 2022 54 5,8 2022 15 12,20 2022 50 25,10 2022 63 0,97 2021 58 1,89 2022 23 5,1 2021 64 0,29 2021 57

61

Population - market size (millions)

Gross Domestic Product (GDP) (US$ billions)

CHALLENGES IN 2023

GDP (PPP) per capita (US$)

Escalating inflation.

• •

Real GDP growth (%)

High rate of unemployment.

Consumer price inflation (%)

• Low levels of economic diversification. • Poor implementation of projects, programs, and policies. • Negative mindset and poor work ethic.

Unemployment rate (%)

Labor force (millions)

Current account balance (% of GDP)

Direct investment stocks inward ($bn)

Direct investment flows inward (% of GDP)

PROVIDED BY: Botswana National Productivity Center (BNPC)

COMPETITIVENESS LANDSCAPE

Economic Performance Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices Attitudes & Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health & Environment Education

2

17 15

32

43

44 42

50

51

51

58 63

58

59 63 59

60 59

64 64

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (41 countries)

POPULATIONS < 20 MILLION (37 countries)

2019

2020

2021

2022

2023

2019

2020

2021

2022

2023

38

35

35

39

40

36

61