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Namibia: Namibia’s informal sector worth US$13 billion, contributes 26.5% to GDP – News

Namibia: Namibia’s informal sector worth US billion, contributes 26.5% to GDP – News

Africa Links 24 with The Brief
Published on 2025-11-11 18:30:58

Namibia’s informal economy now contributes 26.5% to the country’s gross domestic product (GDP), representing approximately US$13 billion at GDP purchasing power parity (PPP) levels for 2025.

The data, released by the Ministry of Finance during the launch of the Diagnostic Report on Informality in Namibia, reflects steady growth from 24.7% in 2023, when the sector accounted for an estimated US$8 billion.

Ministry of Finance Executive Director and Chairperson of the National Working…

Read the Full article on The Namibian

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