Namibia

  • Economic growth slowed in 2011 but prospects for the medium term remain favourable.
  • Risks to the country’s positive outlook include a severe slowdown in the global economy and the structural reductions in the Southern Africa Customs Union.
  • The rate of youth unemployment and the incidence of poverty and inequality are high.

Project Portfolio


Contacts

Southern Africa Resource Center (SARC)

African Development Bank Group
339 Witch-Hazel Avenue
Highveld Ext. 78
Centurion
South Africa
Tel: +27 12 003 6900

Contact :

Mr Ebrima Faal, Regional Director








Key Facts

Flag:
Capital: Windhoek
Area: 824,000 sq km
Total Population 2011: 2.3 Million
Urban Population 2011: 38.60%
Female Population 2011: 50.30%
GDP: US$ 12.9 Billion
GNI Per Capita 2010: US$ 4,500
Inflation Rate: 4.80%
Crude Birth Rate (per 1000): 25.80%
Human Development Index (rank / 187): 120
Human Development Index (scale 0 to 1): 0.625
Membership Date: 06/05/1991
Cumulative Approvals (1967-2011): UA 174.0 Million

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