The economy of Botswana is that of a rapidly developing market economy. Being closely tied with the economy of South Africa, the country's economy is one of the most successful in Africa and is dominated by the fast-growing service sector, world-renowned diamond industry, tourism, and manufacturing.
Gaborone, is the capital and largest city of Botswana. Gaborone is the center of the national economy. The Southern African Development Community (SADC) has its headquarters in Gaborone.
Gaborone has an overall cost of living index which equates it with low cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups.
The latest cost of living rank for each of the 13 Basket Groups is now available.