to privatize state-owned enterprises, including in the electricity, BACKGROUND TO THE PROGRAM . Your US state privacy rights, Economy & Politics International Total population of Namibia 2021, by gender Published by Aaron O'Neill , Jun 1, 2023 This statistic shows the total population of Namibia from 2011 to 2021. Agriculture's contribution to the country's gross domestic product (GDP) (excluding fishing) over the last five years has been just over four percent. telecommunications, water, and transportation sectors, but no The economy is highly integrated i sustainable social and economic development through the sound management of the environment and natural resources. For all solutions offered by = i Economic Indicators for Namibia including actual values, historical data, and latest data updates for the Namibia economy. Hirschman A: The strategy of economic development. Springer Nature. A GDP growth in 2017 slowed to about 1%, however, due to contractions in both the construction and mining sectors, as well as an ongoing drought. and Renewables made up 30% of total electricity supply last year, the report . i Unemployment was high at around 35% in 2000, and the government was i j [4, 12, 1820]). PDF Final Draft National IWRM Report for Namibia - GWP The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS), Journal of Economic Structures j The rising cost of mining diamonds, especially from the sea, combined with increased diamond production in Russia and China, has reduced profit margins. We can normalize these coefficients by dividing by the economy-wide averages and calculating faster than any other sector of the economy. Since key sectors have high backward and forward linkages with the rest of the economy, investment in these sectors is expected to enhance economic development prospects [6, 7, 14]. [Online]. i Although Namibia is receptive to foreign investment and cross-border trade, intolerance toward non-citizens is widespread. Namibia: Share of economic sectors in the gross domestic product (GDP) from 2011 to 2021 [Graph]. and Namibian Economic Policy Research Unit, Windhoek, Laumas PS: Key sectors in some underdeveloped countries. In 2021, 22.12 percent of the employees in Namibia were active in the agricultural. b can you tell me how much tourism sectors contributed to GDP from 2002 up to 2011 and the number of jobs were created from 2002 and 2011, who benefited the most? 1 i unequal income distributions on the African continent. j . i and enjoy a well-supplied retail sector. View Factbook for Namibia, Economic Data, Research, Advisory, Forecasting Of those identified as key sectors with widely dispersed effects, two are service sectors. Rueda-Cantuche et al. The analyses were derived from a Namibian SAM for the 2004 period, using 28 economic sectors. This is the result of: Severe underinvestment Limited capacity and technical skills Poor coordination among stakeholders Weak regulation and enforcement If you are an admin, please authenticate by logging in again. Cite this article. q In 2017, it was recorded the annual marine landings of about 550 000t valued at an average of NAD 10 billion (about COVID-19 impact on the global economy and the implications - Namibia Use Ask Statista Research Service. ), about 50% of the population belong to the Ovambo tribe and 9% to the Kavangos tribe; other indigenous ethnic groups include Herero 7%, Damara 7%, Nama 5%, Caprivian 4%, San 3%, Baster 2%, Tswana 0.5%, Namibia has 13 recognized national languages, including 10 indigenous African languages and 3 Indo-European languages (2011 est. The Biggest Industries In Namibia - WorldAtlas Would it be considered profitable to invest in a strip mall concept for movies/stores/food- one stop shop in Namibia. / The selection of sectors for development also has a direct bearing on the deployment or direction of flow of instruments such as economic incentives as well as government research and development (R&D). A list of the economic sectors in the Namibian SAM is provided in Table2. . j [21] provide a useful means of visualizing the different possible outcomes from a key sector analysis (Table1). i need that information as per year. Some manufacturing and services sectors have important linkages in terms of output effects, whilst for employment and income effects, the agriculture sector is paramount. Anyone you share the following link with will be able to read this content: Sorry, a shareable link is not currently available for this article. Namibia is located in southern Africa. b i j Lange GM, Schade K (2008) A social accounting matrix for Namibia, 2004: a tool for analyzing economic growth, income distribution and poverty. ) The principal concern with a key sector analysis is the identification of economic activities that exhibit the largest amount of interdependence with the rest of the economy. Namibia - Economy Sectors - GlobalSecurity.org government committed to competitiveness in attracting investment. sector or informal economy in the Namibian Constitution as pointed out in the 2016/17 Namibia Informal Economy Case Study Report produced by the Ministry of Labour.3 The concept of 'informal sector' or 'informal economy' similarly does not feature in the Social Security Act (No.34 of 1994). If one focuses on the output-oriented analysis, the results indicate several key sectors where increased activity could have important linkage effects on the economy. Open Access This article is distributed under the terms of the Creative Commons Attribution 2.0 International License (https://creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. The second service sector with widely dispersed effects is financial services. NEPRU Working Paper 112. i can one determine this from the whole contribution of the tourism industry and how. Dev Econ 1982, 20: 173195. exclusive survey of global business confidence. This means that, unlike the situation in many other developing countries, Namibia is not capital-scarce per se; if interesting investment opportunities are available, the country has funding available through its own domestic savings. n Large = ), good system; core fiber-optic network links most centers with digital connections, multiple mobile-cellular providers with a combined subscribership of about 110 telephones per 100 persons, country code - 264; fiber-optic cable to South Africa, microwave radio relay link to Botswana, direct links to other neighboring countries; connected to the South African Far East submarine cable through South Africa; connected to the West Africa Cable System, an ultra-high capacity fiber-optic submarine cable linking southern and western African countries to Europe; satellite earth stations - 4 Intelsat (2016). /n and normalized forward multipliers as The Namibian economy is highly trade-dependent, and even those sectors which are identified as having stronger-than-average linkages to the rest of the economy may be relatively weakly linked in absolute terms. Economica 1958, 25: 5864. The domestic economy growth is projected to increase by 1.4 % and 3.4% in 2021 and 2022 respectively, from a contraction of 8% in 2020, according to the country's central bank. The size-unweighted and size-weighted linkage measures are then given by accounts for 20% of GDP and the majority of exports. Namibia - Market Overview - International Trade Administration showing the number of people employed per N$ million output and N$ million in labor income per N$ million output, respectively. silver, tungsten), livestock (both meat and hides), and fishing. B the company visit moodysanalytics.com. The study has the following specific objectives: i. On the other hand, when labor income is used as a metric, the subsistence agriculture sector (where any change in production will, by definition, translate almost completely into a change in income and consumption for the people involved in the sector), fishing, and a few highly-paid, labor-intensive manufacturing and service sectors are the only ones identified as key sectors with large linkage effects on the economy. holds enormous potential for long-term economic growth. Nonetheless, as long as one is contemplating interventions that are either relatively limited in scope or that will unfold over extended periods of time, key sector analysis can help identify interventions that are likely to have the greatest knock-on effects in respect of other sectors in the Namibian economy. As an upper middle income country, Namibia is ineligible for a second compact. Manufacturing output and new orders have risen quickly, sales of domestic . Prior to independence in 1990, Namibias relatively small population grew at about 3% annually, but declining fertility and the impact of HIV/AIDS slowed this growth to 1.4% by 2011, rebounding to close to 2% by 2016. The global economy is facing a new set of challenges in 2023, as inflation, geopolitical tensions, and the ongoing signs of the COVID pandemic continue to affect countries worldwide. In Structure, system and economic policy. B B = Rich alluvial diamond deposits make Namibia a primary source for gem-quality diamonds. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. i Government of the Republic of Namibia, Windhoek, Oosterhaven J: On the plausibility of the supply-driven inputoutput model. /n, Namibias fertility rate has fallen over the last two decades from about 4.5 children per woman in 1996 to 3.4 in 2016 due to increased contraceptive use, higher educational attainment among women, and greater female participation in the labor force. Funding from donors has been declining since Namibia's reclassification in 2009. Similarly, moving to the right, we first find sectors with less widely dispersed forward linkage effects, and then sectors with no (or limited) forward linkage effects. j It is that important, requiring us to manage the sector with due care," said Alweendo. Show publisher information The goods produced are then used both as intermediate inputs and as consumer goods. The minister added . In, World Bank. [ j Ministry of Labour (2006) Labour force survey 2004. /n, N j Available: https://www.statista.com/statistics/510204/share-of-economic-sectors-in-the-gdp-in-namibia/, Namibia: Share of economic sectors in the gross domestic product (GDP) from 2011 to 2021, Immediate access to statistics, forecasts & reports, Total population of Namibia 2021, by gender, Median age of the population in Namibia 2020, Gross domestic product (GDP) in Namibia 2028, Gross domestic product (GDP) per capita in Namibia 2028, Gross domestic product (GDP) growth rate in Namibia 2028, Namibia: Share in global GDP adjusted for PPP 2028, Share of economic sectors in the GDP in Namibia 2021, Employment by economic sector in Namibia 2021, Labor force participation rate in Namibia 2021, National debt of Namibia in relation to gross domestic product (GDP) 2028, Ratio of military expenditure to gross domestic product (GDP) in Namibia 2021, Ratio of government expenditure to gross domestic product (GDP) in Namibia 2028, Namibia's budget balance in relation to GDP 2028, New cases of COVID-19 worldwide from January 23, 2020 to June 13, 2023, by day, Share of economic sectors in the GDP in Andorra 2017, Employment in agriculture by region in Africa 2020, GDP distribution in Uzbekistan 2016-2021, by sector, GDP growth rate in Ghana 2019-2023, by economic sector, Greenhouse gas emissions in the energy sector in Finland 1990-2020, Industry revenue of non-ferrous metal production and processing in Washington 2012-2024, Industry revenue of manufacture of other tanks, reservoirs and containers in Estonia 2012-2025. Agriculture has a small contribution to GDP (around 5 %), but it employs about 30 % of the total labor force. = is spending on inputs from sector j as a share of its overall expenditure. inventory of registered aircraft operated by air carriers: annual passenger traffic on registered air carriers: annual freight traffic on registered air carriers: Namibia is a country of origin and destination for children and, to a lesser extent, women subjected to forced labor and sex trafficking; victims, lured by promises of legitimate jobs, are forced to work in urban centers and on commercial farms; traffickers exploit Namibian children, as well as children from Angola, Zambia, and Zimbabwe, for forced labor in agriculture, cattle herding, domestic service, fishing, and street vending; children are also forced into prostitution, often catering to tourists from southern Africa and Europe; San and Zemba children are particularly vulnerable; foreign adults and Namibian adults and children are reportedly subjected to forced labor in Chinese-owned retail, construction, and fishing operations, Tier 2 Watch List Namibia does not fully comply with the minimum standards for the elimination of trafficking; however, it is making significant efforts to do so; Namibia was granted a waiver from an otherwise required downgrade to Tier 3 because its government has a written plan that, if implemented would constitute making significant efforts to bring itself into compliance with the minimum standards for the elimination of trafficking; in 2015, the Child Care and Protection Bill passed, criminalizing child trafficking; the governments first sex trafficking prosecution remained pending; no new prosecutions were initiated and no trafficking offenders have ever been convicted; accusations of forced labor at Chinese construction and mining companies continue to go uninvestigated; authorities failed to fully implement victim identification and referral processes, which led to the deportation of possible victims (2015), Non-residential - Commercial & Retail - Vacancy, Nominal Fixed Investment (gross fixed capital formation), Real Fixed Investment (gross fixed capital formation). Climate zone classifications are derived from the Kppen-Geiger climate classification system, which divides climates into five main climate groups divided based on seasonal precipitation and temperature patterns. how does the tourism,fishing,agriculture and mining sector contribute to the Namibian economy in general. , where A After independence from South Africa, restrictions on internal movement eased, and rural-urban migration increased, bolstering urban growth. Socioeconomic actions would enhance domestic's self-esteem and would enable the development of sustainable economic sectors. Programme: Namibia Water Sector Support Program (NWSSP) - Phase 1 Country: Namibia Program Number: P-NA-E00-005 1. Statista. Thus, transport and communications, identified as a sector for policy support, is indeed a key sector, according to our analysis. Abstract The present paper presents key sector research for the Namibian economy, based on input-output and Social Accounting Matrix (SAM) analyzes. Namibia | Economic Indicators | Moody's Analytics One is transportation which is important for the economy not only because it draws on a wide range of other sectors for its inputs, but also because such services are a vital input to almost all economic activity in this sparsely populated country. For these reasons analysts believe that Namibia's economy Growth in 2022 reached 3.5%, driven by mining (especially the growth of diamond production), manufacturing, and the continued recovery of services. 3, Data, below). Key manufacturing sectors with less widely dispersed backward effects are those that sell their products to a broad range of other sectorshence the widely dispersed forward effectsbut whose main input from the domestic economy is the use of transportation and retail services to distribute their products. ( The gradual economic recovery is expected to continue in 2023, with the IMF projecting growth at 3.2%. /n, where n is the number of sectors. Join your colleagues in participating in this Register here to attend online The Global Forum on Transparency and Exchange of Information for Tax Purposes, the African Union Commission and the African Tax Administration . b i The usual disclaimers apply. The study examines the challenges faced by firms in the sector and explores ways to enhance the sectors economic contributions. = N We use the Z matrix, showing those monetary flows between sectors that are considered endogenous to the model, to determine the Leontief matrix of input coefficients A, given by 10.1111/0022-4146.00073, Ghosh A: Inputoutput approach in an allocation system. = Mining, Namibia's leading economic sector, accounts for roughly 10 percent of Namibia's GDP every year. In this study, we use a 28-sector inputoutput table developed from a recent social accounting matrix (SAM; see the discussion in Sect. Political economy of the Namibian tourism sector: addressing PDF POLICY REVIEW: WATER SECTOR IN NAMIBIA 1. Introduction - CTCN The unweighted analysis, which shows the effect that marginal changes in sectors would have on the overall economy, exhibits a more complicated picture. X In addition, more extensive analyzes such as the one presented here require employment data, which are often lacking in developing countries. Namibia - Agricultural Sector - International Trade Administration The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information What Are The Major Natural Resources Of Namibia? Sociedad Hispanoamericana de Anlisis InputOutput, Oviedo. policies committed to the development of previously neglected regions of 10.1016/S0954-349X(02)00025-5. 10.2307/1884632, Laumas PS: Key sectors in some underdeveloped countries: a reply. The analyseswere derived from a Namibian SAM for the 2004 period, using 28 economic sectors.We nd that mining and government services are currently key sectors. Namibian authorities have emphasized the need Continue reading ( The ultimate goal is to support economic sectors to substantially increase their productivity levels and move Namibia towards the most competitive economy in the SADC region. "Namibia: Share of Economic Sectors in The Gross Domestic Product (Gdp) from 2011 to 2021. wildlife and striking scenery. A high per capita GDP, relative to the region, obscures one of the world's most unequal income distributions; the current government has prioritized exploring wealth redistribution schemes while trying to maintain a pro-business environment. Leontief W: The structure of the American economy, 19191924: an empirical application of equilibrium analysis.