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Namibia is a higher-middle-income country with an annual GDP per capita of N$79,431 in 2022, but has extreme inequalities in income distribution and standard of living. [10] It has the second-highest Gini coefficient out of all nations, with a coefficient of 59.1 as of 2015. [11] Only South Africa has a higher Gini coefficient. [12]
Namibia (/ nəˈmɪbiə / ⓘ, / næˈ -/), [ 15 ][ 16 ] officially the Republic of Namibia, is a country in Southern Africa. Its western border is the Atlantic Ocean. It shares land borders with Angola and Zambia to the north, Botswana to the east and South Africa to the east and south. Although it does not border Zimbabwe, less than 200 ...
The Rössing uranium mine in Namibia is the longest-running and one of the largest open pit uranium mines in the world. It is located in the Namib Desert near the town of Arandis, 70 kilometres from the coastal town of Swakopmund. Discovered in 1928, the Rössing mine started operations in 1976. In 2005, it produced 3,711 tonnes of uranium ...
Tourism in Namibia is a major industry, contributing N$7.2 billion ( equal to US$ 390 million ) to the country's gross domestic product. Annually, over one million travelers visit Namibia , with roughly one in three coming from South Africa , then Germany and finally the United Kingdom , Italy and France .
The Namibian Ministry of Labour (MOL) is a department of the Namibian government. It was established at Namibian independence in 1990. The first Namibian Minister of Labour and Manpower Development was Hendrik Witbooi. [1] In 1995 the ministry was renamed Ministry of Labour and Human Resources, the first minister with this portfolio was Moses ...
View of Navachab gold mine. Mining is the biggest contributor to Namibia's economy in terms of revenue. It accounts for 25% of the country's income. [1] Its contribution to the gross domestic product (10.4% in 2009, 8.5% in 2010, 9.5% in 2011, 12.3% in 2012, 13.2% in 2013, 11.6% in 2014) is also very important and makes it one of the largest economic sectors of the country. [2]
Agriculture in Namibia. Agriculture in Namibia contributes around 5% of the national Gross Domestic Product though 25% to 40% of Namibians depend on subsistence agriculture and herding. Primary products included livestock and meat products, crop farming and forestry. [1] Only 2% of Namibia's land receives sufficient rainfall to grow crops.
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