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    Josia Shigwedha

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    Josia Shigwedha

Namibia GDP

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Business / Economics

GDP growth slows to 1.6% in second quarter

Photo: Adobe stock Namibia’s economy grew by 1.6 percent year-on-year in the second quarter of 2025, down from 2.8 percent in the first quarter and 3.3 percent in the same period of 2024, according to a new report by the First National Bank of Namibia (FNB). FNB economist Helena Mboti said the data indicates the strain on consumers.“Private consumption collapsed to negative 7.2 percent year-on-year in the second quarter of […]

today1 October, 2025