Namibia added 4 billion dollars to its economy over the past year. The country reached a total economic output of 62.4 billion dollars. Government statistics show the economy expanded 2.7 percent during early 2025. Alex Shimuafeni leads the national statistics office and released the new numbers. Service industries helped drive most of the growth.
Health care, stores, banks and support businesses performed well during the period. These service sectors grew 5.1 percent compared to 4.8 percent growth last year. Mining and farming industries faced challenges and shrank 3.1 percent. Agriculture dropped 20.1 percent and fishing fell 8.7 percent. Uranium mining jumped 36.5 percent as producers increased output.
Manufacturing also struggled and declined 0.7 percent during the quarter. People and government spent 63.5 billion dollars on goods and services. Families spent 47.6 billion dollars on food, housing and other needs. Government agencies spent 15.8 billion dollars on salaries and supplies. Public worker numbers increased during this time.
Namibia sold 26.9 billion dollars worth of products to other countries. The nation bought 43.2 billion dollars of goods from overseas suppliers. Export sales rose 4.2 billion dollars from the same period last year. Import purchases increased 3.2 billion dollars over the previous year. Trade activity remained strong despite some economic sectors facing difficulties.
Health care, stores, banks and support businesses performed well during the period. These service sectors grew 5.1 percent compared to 4.8 percent growth last year. Mining and farming industries faced challenges and shrank 3.1 percent. Agriculture dropped 20.1 percent and fishing fell 8.7 percent. Uranium mining jumped 36.5 percent as producers increased output.
Manufacturing also struggled and declined 0.7 percent during the quarter. People and government spent 63.5 billion dollars on goods and services. Families spent 47.6 billion dollars on food, housing and other needs. Government agencies spent 15.8 billion dollars on salaries and supplies. Public worker numbers increased during this time.
Namibia sold 26.9 billion dollars worth of products to other countries. The nation bought 43.2 billion dollars of goods from overseas suppliers. Export sales rose 4.2 billion dollars from the same period last year. Import purchases increased 3.2 billion dollars over the previous year. Trade activity remained strong despite some economic sectors facing difficulties.
