Botswana’s economy has always punched above its weight. The country has been lauded for consistent growth of some five percent per annum over the past decade and has the sixth highest gross domestic product (GDP) per capita on the continent.
This places it ahead of economic powerhouses like South Africa and Nigeria, according to the latest estimates by the United Nations and the International Monetary Fund. However, with an unemployment rate inching closer to 20% again and with high inequality and poverty – some 30% of the population is said to live just above the poverty line – the country cannot afford to rest on past performance.
