Namibia Economic Outlook

  • Growth moderated to 4.4% in 2015 on the back of low global commodity prices and should remain subdued in 2016 as fragile external demand dims the outlook.
  • Political stability and sound macroeconomic management are promoting investor confidence but education and skills must improve to achieve a more competitive and inclusive economy.
  • The public housing programme will need to be complemented with accelerated urban infrastructure development and further strengthening of rural growth centres to create more rural jobs and contain rapid rural to urban migration.


Southern Africa Resource Center (SARC)

African Development Bank Group
339 Witch-Hazel Avenue
Highveld Ext. 78
Centurion, South Africa

Tel: +27 12 003 6900

Mr. Kennedy Mbekeani, Officer-in-Charge