Namibia FlagNamibia

Land Of Mountains, Land On The River

 

General


Population: 2,198,406 (2014), 2,182,852 (2013)
Land Area: 825,418 sq km
Natural Resources: Diamonds, copper, uranium, gold, silver, lead, tin, lithium, cadmium, tungsten, zinc, salt, hydropower, fish
Capital: Windhoek
Political System: Republic
State Leader: Hifikepunye Pohamba (March 21st 2005)
Languages: English, Afrikaans, German, Indigenous languages
Currency: Namibian Dollar (NAD)
Major Religions: Christian 80-90%, Indigenous Beliefs 10-20%
Major Ethnicities: African 87.5%, Caucasian 6%, Mixed 6.5%
Life Expectancy: 51.88 years (2014), 52.03 years (2013)

Economy


GDP Official Exchange Rate: 12.3 billion (2013), 12.3 billion (2012)
GDP Purchasing Power Parity: 17.79 billion (2013), 17.03 billion (2012)
GDP Per Capita (PPP): 8,200 (2013), 7,900 (2012)
GDP Growth Rate: 4.4% (2013), 4% (2012)
GDP Structure: Agriculture 7.7%, Industry 29.6%, Services 62.6% (2013)
Labour Force By Occupation: Agriculture 16.3%, Industry 22.4%, Services 61.3% (2008)
Industries: Meatpacking, fish processing, dairy products, mining
Agriculture Products: Millet, sorghum, peanuts, grapes; livestock, fish
Human Development Index: 0.626 (127th)(2014), 0.608 (128th)(2013)
Tourism Revenue: 426 million (2004)
Unemployment Rate: 27.4% (2012), 51.2% (2008)

MilitaryNamibia Map


Army Size: 9 200 (2004)
Budget: 3.7% of GDP (2006)

Current Situation

 

Namibia is located in Southern Africa. Namibia is bordered by Angola, Botswana, South Africa and Zambia. Namibia's economy is based mainly on the mining and tourism sector. Agriculture is a large employer but most agriculture is subsistence agriculture.

(2014) Namibia's economy is growing steadily and the government is continuing its efforts to attract foreign investments and improve the quality of life in Namibia.

Thoughts & Comments

 

Sources

CIA World Factbook: Namibia
Wikipedia: Namibia
http://hdrstats.undp.org/en/countries/profiles/NAM.html

Updated on: November 2nd, 2014