Manufacturing could lift decade-long wage stagnation - Report

LSI represents the share of overall national income or GDP paid to employees in the form of wages or related social contributions or benefits financed by employers. As Botswana grapples with high inequality, more attention is being paid to the way in which income generated in the economy is divided between wages (return to labour) and profits (return to capital).

According to Econsult’s first quarter economic review, LSI in Botswana has been sliding over the years, being recorded at 56.1% in 2004 and 36.4% in 2015. The indicator reached its lowest level at 34.9% in 2014.