Namibia’s economy valued at N$70.9 billion
Namibia’s economy continued to grow during the first quarter of 2026, reaching a total value of N$70.9 billion, although growth was weighed down by a sharp decline in mining activity. The latest gross domestic product report released by the Namibia Statistics Agency (NSA) shows that the economy grew by N$4.7 billion, compared to the same […] The post Namibia’s economy valued at N$70.9 billion appeared first on The Namibian .
Namibia’s economy continued to grow during the first quarter of 2026, reaching a total value of N$70.9 billion, although growth was weighed down by a sharp decline in mining activity.
The latest gross domestic product report released by the Namibia Statistics Agency (NSA) shows that the economy grew by N$4.7 billion, compared to the same period last year when it stood at N$66.2 billion.
However, when inflation is taken into account, the picture becomes more cautious.
The economy recorded real growth of 2.0% in the first quarter of 2026, slower than the 2.8% growth recorded during the same period in 2025.
