Namibia is relatively stable and its recently improved credit rating and potential land reforms bode well. The economy should begin to recover from the effects of the Coronavirus (COVID-19) pandemic in 2021; however, its trade profile is overly reliant on South Africa and the mining sector. Population and consumption are growing rapidly, but Namibia needs to further capitalise on its demographic advantage. Upgraded telecommunications infrastructure should provide room for future revenue growth.
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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.
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