This 2023 Article IV Consultation highlights that Namibia has shown resilience to the negative shocks from the coronavirus disease 2019 pandemic and Russia's war in Ukraine. Output has recovered to the pre pandemic level, inflation has fallen below 6 percent, and expectations remain anchored....

This report reviews economic development of Namibia in the recent years after the global crisis. The country bounced back very well after the crisis. Namibia exhibited strong performance in the primary sectors, which has led to remarkable growth in the second half of 2012. The government has...

Namibia has been severely hit by the COVID-19 pandemic but has started to gradually recover. After a sharp contraction in 2020, with worsening fiscal imbalances and socio-economic disparities, a modest recovery began in 2021 and strengthened in the first half of 2022. Mining activity rebounded...

KEY ISSUES Setting: Namibia’s positive growth record over the years has raised overall incomes and led to positive economic outcomes. However, growth has not translated into sufficient job creation contributing to persistently high unemployment and income inequality. Outlook and risks: Real...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country

This Selected Issues paper focuses on the challenges of small middle-income countries (MIC) in sSub-Saharan Africa (SSA) comprising Cape Verde, Namibia, and the Kingdom of Swaziland. The IMF report summarizes the analytic underpinnings that support the IMF staff's advice on policies to...