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Namibia’s economy has had a slow recovery from the most recent global economic shocks caused by the Russia-Ukraine conflict. Real GDP growth is projected to decrease to 3.1% in 2024, from 4.2% in 2023 after reaching an annual average growth rate of 4.4% for 2021 to 2023. Economic growth has been driven by gold mining and livestock, marketing, health, information and communication, and wholesale and retail.. Read the full PESA Editorial here: https://politicaleconomy.org.za/2025/03/pesa-editorial-on-namibia-2h2024-25/.
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