Namibia: Commodity driven economy faces multiple crises

12/19/2017 - Report
ic_blogtagCountry Risk

Small population, big challenges

Namibia is an upper middle income country. It relies on mining (especially diamonds, uranium, zinc, copper, lead and gold), agriculture (cattle and sheep) and fishing. Not only that the population is small (2.48 mn), around 14% of it is affected by HIV. This has a high human, social and economic cost. Despite poverty reduction policies, the country is characterized by a high level of income inequality. ​

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