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Economy, poverty, and development

Areas covered include asset ownership, development priorities, lived poverty, macroeconomics, markets, middle class, poverty, SDGs, taxation and, unemployment.

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News release

Namibia continues to lessen lived poverty

12 Feb 2015Namibia

Namibiai has experienced a dramatic decline in inequality and poverty over the past decades, according to official statistics from the National Statistics Agency and the National Planning Commission. The Gini coefficient (the measure of income distribution of a nation's residents and shows inequality levels) has decreased from over 7.4 in the 1990s to 6.8 in 2001 and 5.8 in the latest Household Income and Expenditure Survey (2009-2010).