Namibia experienced significant welfare improvements between 2003/04 and 2015/16, with national official poverty declining by more than half from 37.5 to 17.4 percent. However, falling commodity prices, weak trade growth, and weak demand, exacerbated by the COVID-19 pandemic, led to negative real GDP per capita growth between 2016 and 2020. Recent census data from 2023 suggests an unemployment rate of 36.9 percent among the working-age population...
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INFORMATION
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2025/04/30
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Fiche
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200715
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1
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2025/04/22
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Disclosed
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Namibia Poverty and Equity Brief : April 2025
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