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Getting to Know Botswana: Economy & Development

Getting to Know Botswana: Economy & Development

August 21, 2017 My Botswana
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Did you know these 10 interesting facts about Botswana’s economy and development?

1. Whereas from 1966 to 1996 Botswana enjoyed the world’s highest economic growth rate, previously under British over rule real income had declined.

2. From 1966 to 2006 Botswana enjoyed one of the world’s highest rates of human development in terms of indicators such as expanded provision of education, training and health services.

3. Botswana has surpassed its 2015 Millennium Development Goal (MDG) target for achieving universal access to basic education and classroom gender equality.

4. The 2012 Gaborone Declaration forged a multinational commitment in favour of natural

capital accounting.

5. Botswana’s hospitality and tourism industry employs over 35,000 citizens.

6. Over the last three decades Botswana has been the world’s leading producer of gem diamonds by value.

7. DeBeers diamonds from around the world are aggregated and sold in Gaborone.

8. Botswana has “loaned” (invested with interest) in the World Bank.

9. Botswana has one of the highest per capita incomes of any landlocked country outside of Europe.

10. Botswana ranks above most European countries in its percentage of females serving in senior positions in the public and private sectors, while also being among the few countries where females are in the majority in professional and technical employment.

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