27
Mar
Chamwe Kaira Namibia’s economy grew by 1.7% in real terms in 2025, down from 3.8% recorded in 2024. Real GDP measures total economic output adjusted for inflation, while nominal GDP reflects current prices without adjusting for inflation. Namibia Statistics Agency (NSA) statistician general Alex Shimuafeni said the slowdown was mainly driven by a decline in primary industries. Primary industries contracted by 7.2% in real value added, compared to a decline of 3.2% in 2024. The drop was driven by mining and quarrying as well as agriculture, forestry and fishing. Mining and quarrying declined by 9.4%, while agriculture, forestry and fishing…
