Namibians Face Lower Incomes in Election Year Compared to 2015

For the first time, Namibians are experiencing lower average incomes in an election year compared to 2015, according to economist Robin Sherbourne. Speaking at the Institute for Public Policy Research’s annual state of the economy event, Sherbourne highlighted that gross domestic product per capita fell from judt over 64 thousand in 2015 to N$50,079 in 2023. Sherbourne suggested that the economic downturn could influence voter sentiment in the upcoming elections. Despite a slight increase in GDP from N$146 billion in 2015 to N$151.4 billion in 2023, per capita income has not recovered to pre-2015 levels.