Mauritius Ranks Highest in Africa on Global Capitalism Index by University of Virginia
A new Global Capitalism Index by the University of Virginia ranks Mauritius, Seychelles, and Botswana as the most capitalist countries in Africa. Mauritius ranks highest on the continent at 48th globally, followed by Seychelles (50th) and Botswana (52nd). The index evaluates 161 countries based on economic and institutional factors from 2009 to 2025.
Brève Publié le (Africa/Lagos, UTC+1)
Mauritius, Seychelles, and Botswana are identified as the most capitalist countries in Africa according to the Global Capitalism Index published last week, as reported by Africanews.
The index, developed by researchers at the University of Virginia in the United States, assesses 161 countries using data from 2009 to 2025. It measures economic and institutional characteristics such as banking sectors, market competition, and the free flow of capital and goods.
Capitalism is defined by the researchers as a system privileging the deployment of capital in open markets with minimal constraints from public and private sources.
Globally, Switzerland leads the ranking, followed by the United States and Hong Kong. Mauritius ranks highest in Africa at 48th place, with Seychelles and Botswana close behind at 50th and 52nd respectively. Other African countries in the top 100 include Namibia (59th), Cape Verde (66th), Rwanda (74th), and Morocco (85th).