The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

South Africa  
Rank: 40 · Score: 60.3  

Basic facts, 2020        
Population (millions) 59.3   IPOs and pulic issues (quartile) 3rd
GDP (US$ billions) 299.2   M&A volume (quartile) 3rd
GDP per capita (US$) 5,045.5   Venture capital investments (quartile) 3rd
GDP growth (per cent) -7.0   Private equity investments (quartile) 3rd
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 40 85, 82, 77, 85, 85 60.3
1 Economic Activity 101 9, 3, 2, 14, 24 58.5
2 Depth of Capital Market 30 102, 102, 102, 99, 95 72.4
3 Taxation 14 105, 106, 112, 111, 111 104.7
4 Investor Protection and Corporate Governance 45 89, 91, 89, 77, 80 75.1
5 Human and Social Environment 65 70, 70, 69, 72, 60 30.4
6 Entrepreneurial Opportunities 40 86, 86, 87, 84, 85 58.5


 
Historic performance, 2017-2021   Key driver performance, 2021
 

   
VC/PE Rank  
VC Rank  
PE Rank
South Africa  
Africa
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
South Africa 58.5 72.4 104.7 75.1 30.4 58.5
Egypt 81.2 65.2 80.5 56.8 24.8 49.1
Morocco 72.4 52.5 101.2 69.5 28.6 52.1
Tunisia 60.1 47.0 102.0 64.5 26.9 55.0
Mauritius 58.1 56.1 96.4 90.4 16.9 39.0
Nigeria 70.5 53.4 64.3 57.6 20.4 42.1
Ghana 71.2 39.5 84.3 64.5 28.1 38.8
Last updated: 21 Jun 2021