insert_link Business / Economics Q3 Economic Growth Slows to 1.9% Economic growth for the third quarter slowed to 1.9 percent from 2.1 percent last year, driven by the services sector—including financial services, trade, education, and health—and supported by strong electricity and water output, as per the Statistics Agency. Agriculture and mining fell, investment declined, but household and government spending increased, while faster export growth narrowed the trade deficit, the NSA’s Mirjam Shihepo: today19 December, 2025
insert_link Business / Economics Inflation Inches Up to 3.4 Percent The Namibia Statistics Agency’s Mirjam Shihepo reports that headline inflation in November 2025 rose to 3.4 percent from 3 percent in November 2024. Monthly inflation stayed at 0 percent, with Zone 1 recording the lowest annual rate at 3.3 percent, while Zone 2 and Zone 3 both registered 3.4 percent. Shihepo has more. today5 December, 2025
insert_link Business / Economics South Africa Remains Top Partner in Trade The national trade balance for July showed a deficit of N$58 million, reversing the N$856 million surplus seen a month earlier. Despite this, the figure is far better than the N$2.0 billion shortfall posted in July 2024. According to the Namibia Statistics Agency, South Africa remains the country’s most significant trading partner. Mirjam Shihepo from NSA: today5 September, 2025
insert_link Business / Economics Domestic Economy Grows to N$62.4 Billion in Q1 2025 The local economy expanded to N$62.4 billion in the first quarter of this year, up by N$4 billion compared to the same period last year. The Statistics Agency attributes the growth to a strong performance in the tertiary sector, which saw a 5.1% increase in real value added. This marks an improvement from the 4.8% growth recorded in Q1 2024, according to spokesperson Mirjam Shihepo. today27 June, 2025
insert_link Business / Economics Trade Deficit Narrows to N$3.6 Billion in August In August, trade balance recorded a deficit of N$3.6 billion, an improvement from the N$4.9 billion deficit in August 2023 but higher than the N$2.1 billion deficit in July 2024. Exports saw an upward revision, increasing by N$7 million, while imports were adjusted downwards by N$1 million. The rise in export values was primarily driven by increased sales of fish and precious stones. Namibia Statistics Agency spokesperson, Mirjam Shihepo. today2 October, 2024
insert_link Namibia Namibia Statistics Agency Commences Third Phase of Post Enumeration Survey for Quality Assurance The Namibia Statistics Agency is set to begin the Reconciliation phase, marking the third stage of the Post Enumeration Survey from February 1 to February 14, 2024. This phase aims at ensuring the quality and accuracy of enumeration data. NSA's Public Relations Officer, Mirjam Shihepo, provides details. today26 January, 2024
insert_link Business / Economics Namibia records decrease in December inflation The Namibia Statistics Agency has just released the December inflation figure, which stood at 5.3%, marking a decrease from 5.7% in November and 6.9% reported in December 2022. Here is the NSA's Public Relations Officer Mirjam Shihepo. today11 January, 2024
