Namibia Economy Contracts in Q4

2026-03-26 10:02 By Luisa Carvalho 1 min. read

The economy of Namibia shrank by 0.5% year-on-year in Q4 2025, marking the first contraction since Q1 2021, following an upwardly revised 2.6% growth in the previous period.

Mining & quarrying (-28.8% vs -5.5% in Q3) was the main dragger, followed by manufacturing (-5.1% vs 2.6%) and financial service activities (-1% vs 2.3%).

On the other hand, notable growth was recorded in construction (23.4% vs 12.2%); utilities (12.5% vs 20.3%); wholesale & retail trade (9.5% vs 7.7%); information & communication (8.4% vs 13.3%); health (6% vs 3.9%) and hotels & restaurants (5.3% vs -0.8%).

On a quarterly basis, the GDP rose by 6.4%, after a revised 2.1% decline in the previous quarter.

The Namibian economic growth slowed to 1.7% in 2025 from an upwardly revised 3.8% in the year before, mainly attributed to weak performance in both primary and secondary sectors.



News Stream
Namibia Economy Contracts in Q4
The economy of Namibia shrank by 0.5% year-on-year in Q4 2025, marking the first contraction since Q1 2021, following an upwardly revised 2.6% growth in the previous period. Mining & quarrying (-28.8% vs -5.5% in Q3) was the main dragger, followed by manufacturing (-5.1% vs 2.6%) and financial service activities (-1% vs 2.3%). On the other hand, notable growth was recorded in construction (23.4% vs 12.2%); utilities (12.5% vs 20.3%); wholesale & retail trade (9.5% vs 7.7%); information & communication (8.4% vs 13.3%); health (6% vs 3.9%) and hotels & restaurants (5.3% vs -0.8%). On a quarterly basis, the GDP rose by 6.4%, after a revised 2.1% decline in the previous quarter. The Namibian economic growth slowed to 1.7% in 2025 from an upwardly revised 3.8% in the year before, mainly attributed to weak performance in both primary and secondary sectors.
2026-03-26
Namibia GDP Growth Quickens in Q3
The economy of Namibia advanced by 1.9% year-on-year in Q3 2025, accelerating from a 1.3% expansion in the previous three-month period. Tertiary activities (+4.1%) were the main driver of growth, led by financial services activities (8.4%); wholesale and retail trade (5.5%), education (4.9%), and health (4.7%). At the same time, the industrial sector rose 1.2%, as strong growth in utilities (+12.5%) was offset by declines in construction (-5%) and manufacturing (-1%). Conversely, primary activities witnessed a decrease of 6.9%, amid poor performance in agriculture and forestry (-22.7%) and mining and quarrying (-4.2%). A significant decrease in marketed animals, due to farmer restocking, was observed, along with a decline in diamond and metal ores except uranium ore.
2025-12-18
Namibia GDP Growth Continues to Slow in Q2
The economy of Namibia expanded by 1.6% year-on-year in Q2 2025, decelerating from an upwardly revised 2.8% advance in the previous period. This marked the slowest pace of growth since a 3.5% contraction observed in Q1 2021, hindered by poor performance in manufacturing (-9.7% vs -1.3% in Q1), fishing activities (-4.4% vs -7.3%) and agriculture & forestry (-3.5% vs -20.1%). At the same time, output slowed markedly in some activities, primarily administrative & support services (0.9% vs 5.7%); health (3% vs 11.4%); transport & storage (1.1% vs 4.6%) and real estate and professional services (1.6% vs 2.1%). On a quarterly basis, the GDP shrank 1.5% in Q2, following a revised 3.1% contraction in the first quarter.
2025-09-25