- Growth sharply moderated to 1.3% in 2016 but should rebound in 2017 as the agriculture sector recovers and production from new mines accelerates.
- On-going fiscal consolidation policy measures to reduce public debt and help address the current account imbalance will need to protect growth-promoting public investments.
- The “Growth at Home” strategy for industrialisation and the policy for promoting micro, small and medium enterprises provide a strong foundation for diversification and job creation but the pace for business environment reforms needs increasing to support entrepreneurship.
|Area:||824,000 sq km|
|Total Population 2017:||2.6 Million|
|Urban Population 2017:||73.50%|
|Female Population 2017:||49.70%|
|GDP:||US$ 10.2 Billion|
|GNI Per Capita 2015:||US$ 5,210|
|Crude Birth Rate (per 1000):||28.50%|
|Human Development Index (rank / 188):||125|
|Human Development Index (scale 0 to 1):||0.640|
|Cumulative Approvals (1967-2016):||UA 637.4 Million|
|P-NA-K00-007|| ECONOMIC GOVERNANCE AND COMPETITIVENESS SUPPORT PROGRAMME ||ApprovedAPVD|
|P-NA-IAD-004|| MIC - SUPPORT TO THE NAMIBIA NATIONAL COUNCIL ON HIGHER EDUCATION (NCHE) ||OngoingOnGo|
- 10/05/2017 - African Development Bank approves USD 226.5 Million loan to boost economic governance and competitiveness in Namibia
- 29/03/2017 - African Development Bank’s Executive Directors (EDs) head to Namibia for field visit and talks with country’s senior officials and stakeholders
- 14/02/2017 - The AWF and NEPAD-IPPF Foster Climate Resilient Water Resources Development in Southern Africa