Namibia has a relatively stable political environment, reflecting positive economic prospects. Investment in telecommunications is set to boost revenue growth in the coming years. Rapid population and consumption growth indicate a demographic advantage; however, the labour market is unable to accommodate rising number of new entrants, leading to high unemployment. Meanwhile, country’s economy is highly dependent on South Africa and its mining sector, posing a risk to economic diversification.
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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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