Mauritius, Seychelles and Botswana are among the most prosperous nations in Africa, according to the Legatum Institute.
The Legatum Prosperity Index is an annual ranking developed by the Legatum Institute, a division of the United Arab Emirates- based private investment firm, Legatum.
Top 10 Most Prosperous Countries in Africa, 2020
According to this year’s annual prosperity index, which was published on LPI’s official website, Mauritius is the most Prosperous country in Africa.
The country was ranked 44th globally and 5th in Africa. According to the index the country performed best on Safety & Security, Personal Freedom and Governance.
Mauritius performs most strongly in Investment Environment and Social Capital but is weakest in Natural Environment. The biggest improvement compared to a decade ago came in Education.
Seychelles on the other hand was ranked the second most Prosperous Country in Africa, According to the index South Africa performs best on social capital, health and economic quality.
Africa’s second biggest economy, South Africa also made it into the list of Most prosperous countries in Africa, the country was ranked 83rd globally and 5th in Africa. According to the index South Africa performs best on personal freedom, governance, and enterprise. The biggest improvement compared to a decade ago came in Social Capital.
Top 10 Most Prosperous Countries in Africa, 2020
1. Mauritius
Mauritius is 44th in the overall Prosperity Index rankings. Since 2009, Mauritius has moved down the rankings table by 1 place.
Pillar Rankings
Mauritius performs most strongly in Investment Environment and Social Capital but is weakest in Natural Environment. The biggest improvement compared to a decade ago came in Education.
2. Seychelles
Seychelles is 48th in the overall Prosperity Index rankings. Since 2009, Seychelles has moved down the rankings table by 1 place.
Pillar Rankings
Seychelles performs most strongly in Social Capital and Health but is weakest in Living Conditions. The biggest improvement compared to a decade ago came in Economic Quality.
3. Botswana
Botswana is 76th in the overall Prosperity Index rankings. Since 2009, Botswana has moved down the rankings table by 10 places.
Pillar Rankings
Botswana performs most strongly in Governance and Economic Quality but is weakest in Health. The biggest improvement compared to a decade ago came in Economic Quality.
4. Cape Verde
Cabo Verde is 77th in the overall Prosperity Index rankings. Since 2009, Cabo Verde has moved down the rankings table by 7 places.
Pillar Rankings
Cabo Verde performs most strongly in Personal Freedom and Natural Environment but is weakest in Investment Environment. The biggest improvement compared to a decade ago came in Health.
5. South Africa
South Africa is 83rd in the overall Prosperity Index rankings. Since 2009, South Africa has moved down the rankings table by 15 places.
Pillar Rankings
South Africa performs most strongly in Personal Freedom and Social Capital but is weakest in Natural Environment. The biggest improvement compared to a decade ago came in Social Capital.
6. Namibia
Namibia is 89th in the overall Prosperity Index rankings. Since 2009, Namibia has moved down the rankings table by 10 places.
Pillar Rankings
Namibia performs most strongly in Governance and Personal Freedom but is weakest in Health. The biggest improvement compared to a decade ago came in Safety & Security.
7. Sao tome and principe
Sao Tome and Principe is 93rd in the overall Prosperity Index rankings. Since 2009, Sao Tome and Principe has moved up the rankings table by 3 places.
Pillar Rankings
Sao Tome and Principe performs most strongly in Safety & Security and Personal Freedom but is weakest in Investment Environment. The biggest improvement compared to a decade ago came in Economic Quality.
7. Tunisia
Tunisia is 95th in the overall Prosperity Index rankings. Since 2009, Tunisia has moved down the rankings table by 22 places.
Pillar Rankings
Tunisia performs most strongly in Governance and Living Conditions but is weakest in Natural Environment. The biggest improvement compared to a decade ago came in Personal Freedom.
8. Morocco
Morocco is 100th in the overall Prosperity Index rankings. Since 2009, Morocco has remained at the same position.
Pillar Rankings
Morocco performs most strongly in Safety & Security and Market Access & Infrastructure but is weakest in Social Capital. The biggest improvement compared to a decade ago came in Safety & Security.
10. Ghana
Ghana is 102nd in the overall Prosperity Index rankings. Since 2009, Ghana has moved down the rankings table by 4 places.
Pillar Rankings
Ghana performs most strongly in Personal Freedom and Governance but is weakest in Economic Quality. The biggest improvement compared to a decade ago came in Social Capital.
About Legatum Prosperity Index
The Legatum Prosperity Index is a framework that assesses countries on the promotion of their citizens’ flourishing, reflecting both wealth and wellbeing.
The index captures the richness of a truly prosperous life, moving beyond traditional macro-economic measurements of a nation’s prosperity, which rely solely on indicators of wealth such as average income per person (GDP per capita).
