Namibian economy to grow by 3.5 per cent in 2024

Melissa Hoebes

2024-12-02

WINDHOEK, 19 September 2019 - Bank of Namibia's Deputy Director for Corporate Communications, Kazembire Zemburuka. (Photo by: Shelleygan Petersen) NAMPA

WINDHOEK, 02 DEC (NAMPA) – Namibia’s economy is forecast to grow by 3.5 per cent in 2024 and 4.0 per cent in 2025, according to the latest Economic Outlook update from the Bank of Namibia (BoN).
The report, released on Monday, outlines global, regional and domestic factors influencing the economy. Global economic growth is expected to decelerate, with world GDP anticipated to dip slightly from 3.3 per cent in 2023 to 3.2 per cent in both 2024 and...

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