Namibia Statistics Agency (NSA)

03 Nov

Namibia’s import bill stands at N$14.8 billion

ObserverObserver MoneyNamibia Statistics Agency (NSA)

Martin Endjala The country’s import bill reached N$14.8 billion in January 2024, marking a 20.5% increase from N$12.3 billion in August, according to the Namibia Statistics Agency (NSA). In September, export earnings rose slightly to N$9 billion from N$8.7 billion in August, resulting in a trade deficit of N$5.8 billion, up from N$3.6 billion the previous month. This translates to a trade deficit of N$5.8 billion during September when compared to the N$3.6 billion recorded in August. “Exports were revised upwards, increasing by N$12 million, while imports were revised downwards, with variations amounting to N$1 million,” read the report. In…

19 Jan

Trade expected to remain in deficit for 2023

ObserverNational NewsNamibia Statistics Agency (NSA), Trade expected to remain in deficit for 2023

Tujoromajo Kasuto The Namibia Statistics Agency (NSA) states that during the month of November 2022, the country’s trade balance remained in a deficit though it improved by a notable 25.9 percent (month-on-month) and 3.2 percent (year-on-year) from N$2.0 billion recorded in October 2022 and N$1.6 billion observed in November 2021, respectively. Simonis Storm Economist Theo Klien says Namibia’s trade balance will remain in deficit territory for most of 2023. He attributes these risks to a lower import bill including China’s economic reopening expected in the second half of 2023 which could increase demand for commodities and increase global oil prices…

02 Mar

Census not about pulling figures from documents

ObserverUncategorisedCensus not about pulling figures from documents, Chief Statistician Alex Shimuafeni, Namibia Statistics Agency (NSA)

Eba Kandovazu Namibia Statistics Agency (NSA) Chief Statistician, Alex Shimuafeni says that suggestions to retrieve population data from the Home Affairs Ministry and hospitals data will not give an accurate picture of the intended outcome of the Population and Housing Census. Pulling figures from Home Affairs and hospital data, Shimuafeni warned, will exclude critical groups such as the homeless, people who are not registered anywhere and foreigners or visitors who live in the country. Yesterday, the NSA announced that it would no longer carry out the Population and Housing Census, which was scheduled for August this year. Spokesperson Sakaria Iipumbu…

11 Jun

Kavango West the poorest Namibian region

ObserverObserver MoneyKavango West, Namibia, Namibia Statistics Agency (NSA)

Andrew Kathindi Kavango West has been found to be the poorest region in Namibia according to a multidimensional poverty index report conducted by the Namibia Statistics Agency (NSA), with 79.6 percent. After Kavango West, the incidence of multidimensional poverty is followed by Kavango East (70.0 percent), and Kunene (64.1 percent). The two Kavango regions have generally been reported as among the poorest regions in the country over the years. The national multidimensional poverty stands at 43.3 percent. According to the NSA, the region with the highest poverty intensity levels is Kunene region, reported at 59.2 percent, “which indicates that on…

19 Jan

Pig Farming: An Untapped Industry in Namibia

ObserverUncategorisedNamibia Statistics Agency (NSA), National Agriculture Census

Hanks Saisai According to the 2014 National Agriculture Census conducted by the Namibia Statistics Agency (NSA), there are approximately 87 206 pigs countrywide and more than 50 percent are found in the communal areas of Northern Namibia. Indigenous or local breeds make up more than 50 percent of the pig population in the country. Pigs are reared for various meat products such as pork meat, bacon and as an ingredient in other products such as sausages and polony. In a country that has been affected by recurring droughts, livestock farming (cattle, sheep & goats) has been drastically affected making it…

18 Dec

Namibia’s economy takes N$1.1 billion knock

ObserverObserver MoneyAlex Shimuafeni, Covid-19, Namibia Statistics Agency (NSA), NSA Statistician - General and CEO

Staff Writer N$1.1 billion has been wiped out of the Namibian economy, largely attributed to the effects of COVID-19, third quarter figures from the Namibia Statistics Agency (NSA) show. “In nominal terms, the size of the Namibian economy as measured by GDP at current prices was estimated at N$ 44.7 billion in the quarter under review relative to N$ 45.8 billion posted in the same quarter of 2019. This shows that GDP size shrunk by N$ 1.1 billion,” NSA Statistician - General and CEO, Alex Shimuafeni announced on Thursday. “The third quarter of 2020 (July – September) is characterized by…

11 Sep

Marginal growth recorded in 2019 – NSA …as GDP contracted by 1.6 percent

ObserverObserver MoneyNamibia Statistics Agency (NSA)

Staff Writer The size of the Namibian economy is estimated to have grown by N$225 million, from N$181.0 billion in 2018 to N$ 181.2 billion in 2019, the latest Namibia Statistics Agency (NSA) annual national accounts estimates show. This comes as Namibia’s gross domestic product (GDP) contracted by 1.6 percent in 2019 compared to a growth of 1.1 percent recorded in 2018. “The contractionary performance of the economy in 2019 was mainly due to the Primary industries that declined by 8.9 percent. The contraction in the Primary industries was observed across all sectors namely ‘Mining and quarrying’ (-11.1 percent) and…

27 May

COVID-19 effects bleed businesses – survey

ObserverObserver MoneyCovid-19, Namibia Statistics Agency (NSA)

Staff Writer A Namibia Statistics Agency (NSA) survey has found that 96.5 percent of businesses have been adversely affected by the coronavirus and will continue to be affected in the coming months. “The majority of operating businesses have indicated reduction in local customer demand as the most common current and future effect experienced by 68.8 percent and 65.1 percent of the businesses, respectively. Furthermore, 63.7 percent of businesses reported revenue loss of over 50 percent with the Manufacturing sector (20.1 percent), Hotels and Restaurants (15.2 percent) and Construction sector (11.3 percent) bearing most of the blunt.” The survey found that…