Economic
Namibia’s 2026 Economic Growth Projection Raised to 3.9%
Namibia’s central bank projects real GDP growth of 3.9% in 2026, up from 3% in 2025, citing improved mining and construction activity and lower global commodity prices.
The Bank of Namibia forecasts that the country’s real GDP growth will accelerate to 3.9% in 2026, up from 3% in 2025, driven by a rebound in mining, construction and agriculture. The revised outlook reflects stronger uranium and gold output, recovering global commodity prices and improved investor confidence. Authorities note that inflation should remain moderate around 3.5%, supported by cheaper oil and food imports. The central bank maintains a cautious stance, warning of risks from global trade tensions and climate‑related shocks to agriculture. These projections underpin the 2026/27 budget discussions and are expected to inform policy measures aimed at job creation and diversifying the economy.
- Status
- active
- Location
- Windhoek, Namibia
- Date added
- 2026-03-26 04:43 UTC
- Last updated
- 2026-03-26 04:43 UTC
- Source
- New Era
- Connected threats
- Not provided