Namibia Profile:
- Namibia, officially the Republic of Namibia is a country in southern Africa whose western border is the Atlantic Ocean.
- Namibia is the world’s fifth-largest producer of uranium. With its rich alluvial diamond deposits makes Namibia a primary source for gem-quality diamonds.
- Namibia also produces large quantities of zinc and is a smaller producer of gold and copper.
- Namibia is a member state of the United Nations (UN), the Southern African Development Community (SADC), the African Union (AU) and the Commonwealth of Nations.
- World Bank ranks Namibia at 87th out of 185 economies in terms of ease of doing business.
Namibia Economy:
- Namibia’s economy is heavily dependent on the extraction and processing of minerals for export. Mining accounts for 11.5% of GDP but provides more than 50% of foreign exchange earnings.
- GDP growth in 2016 slowed to 1%, however, due to contractions in both the construction and mining sectors, as well as the ongoing drought. Growth is expected to recover modestly in 2017 and 2018.
- Namibia receives 30%-40% of its revenues from the Southern African Customs Union (SACU); volatility in the size of Namibia’s annual SACU allotment and global mineral prices complicates budget planning.
- A high per capita GDP, relative to the region, obscures one of the world’s most unequal income distributions.
- Namibia’s economy remains vulnerable to world commodity price fluctuations and drought.
Namibia Facts:
- Population: 2.5 million
- Capital: Windhoek
- Largest city: Windhoek
- Area: 824,292 sq km
- Major language: Oshivambo languages 48.9%, Nama/Damara 11.3%, Afrikaans 10.4%, Otjiherero languages 8.6%, Kavango languages 8.5%, Caprivi languages 4.8%, English (official) 3.4%, other African languages 2.3%
- Major religion: Christian 80% to 90% (at least 50% Lutheran), indigenous beliefs 10% to 20%
- Life expectancy: 62.4 years (Male), 65.6 years (Female)
- Monetary unit: 1 Namibia Dollar(N$, NAD) = 100 Cents
- Main exports: Diamonds, copper, gold, zinc, lead, uranium; cattle, white fish, and mollusks
- GNI per Capita: $10,400
Our Market Research Services in Namibia:
- Market Research Fieldwork in Namibia
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- Quantitative Research in Namibia
- Aerospace Market Research in Namibia
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- Chemical Market Research in Namibia
- Construction Market Research in Namibia
- Consumer Goods Market Research in Namibia
- Education Market Research in Namibia
- Energy and Power Market Research in Namibia
- Engineering Market Research in Namibia
- Financial Market Research in Namibia
- Food and Beverage Market Research in Namibia
- Healthcare Market Research in Namibia
- Hospital Market Research in Namibia
- Hospitality Market Research in Namibia
- Entertainment Market Research in Namibia
- Medical Devices Market Research in Namibia
- Metals and Mining Market Research in Namibia
- Oil and Gas Market Research in Namibia
- Pharmaceutical Market Research in Namibia
- Retail Market Research in Namibia
- Telecommunication Market Research in Namibia
- Transportation Market Research in Namibia
- Travel and Tourism Market Research in Namibia
We Employ A Wide Range of Research Techniques in Namibia:
- Advertising Research in Namibia
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- B2B Research in Namibia
- Concept Testing in Namibia
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- Entertainment Research in Namibia
- Ethnographic Research in Namibia
- Eye Tracking and Facial Coding in Namibia
- Focus Groups in Namibia
- Sensory Research in Namibia
- Healthcare Research in Namibia
- Industrial Research in Namibia
- Lifestyle Research in Namibia
- Media Communication Research in Namibia
- Mystery Shopping in Namibia
- One-on-One Research in Namibia
- Package Research in Namibia
- Secondary Research in Namibia
- Sensory Research in Namibia
- Usability Testing in Namibia
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