Tags : economy


Namibian economy contracts by 2.5 percent in first quarter

The Namibian economy further contracted by 2.5 percent in the first quarter of the year despite being poised for an improved performance hinged on better performances by the agriculture sector which in nominal terms expanded to N$3.8 billion from N$3 billion registered in the corresponding quarter of 2020. Read more.


Namibia’s fiscal deficit for 2020/21 to widen by 9.9% of

After  a  constant  period  of  high  economic  growth   with  an average  of   not  less than  5%  per  annum  over  the  period  2010-2015,  Namibia experienced a slowdown in real gross domestic product (GDP) in the past four years .

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