GDP: purchasing power parity - $7.1 billion (1999 est.)
GDP - real growth rate: 3% (1999 est.)
GDP - per capita: purchasing power parity - $4,300 (1999 est.)
GDP - composition by sector:
agriculture:
12%
industry:
30%
services:
58% (1998 est.)
Population below poverty line: NA%
Household income or consumption by percentage share:
lowest 10%:
NA%
highest 10%:
NA%
Inflation rate (consumer prices): 8.5% (1999)
Labor force: 500,000
Labor force - by occupation: agriculture 47%, industry 25%, services 28% (1999 est.)
Unemployment rate: 30% to 40%, including underemployment (1997 est.)
Budget:
revenues:
$883 million
expenditures:
$950 million, including capital expenditures of $NA (1998)
Industries: meat packing, fish processing, dairy products; mining (diamond, lead, zinc, tin, silver, tungsten, uranium, copper)
Industrial production growth rate: 10% (1994)
Electricity - production: 1.198 billion kWh (1999)
Electricity - production by source:
fossil fuel:
2%
hydro:
98%
nuclear:
0%
other:
0% (1999)
Electricity - consumption: 1.81 billion kWh (1999)
Electricity - exports: 56 million kWh (1999)
Electricity - imports:
890 million kWh (1999)
note:
imports electricity from South Africa
Agriculture - products: millet, sorghum, peanuts; livestock; fish
Exports: $1.4 billion (f.o.b., 1999 est.)
Exports - commodities: diamonds, copper, gold, zinc, lead, uranium; cattle, processed fish, karakul skins
Exports - partners: UK 43%, South Africa 26%, Spain 14%, France 8%, Japan (1998 est.)
Imports: $1.5 billion (f.o.b., 1999 est.)
Imports - commodities: foodstuffs; petroleum products and fuel, machinery and equipment, chemicals
Imports - partners: South Africa 84%, Germany, US, Japan (1995 est.)
Debt - external: $159 million (1999 est.)
Economic aid - recipient: $127 million (1998)
Currency: 1 Namibian dollar (N$) = 100 cents
Exchange rates: Namibian dollars (N$) per US$1 - 6.12439 (January 2000), 6.10948 (1999), 5.52828 (1998), 4.60796 (1997), 4.29935 (1996), 3.62709 (1995)
Fiscal year: 1 April - 31 March