iamond
deposits are among the richest in the world, making Namibia a primary
source for gem-quality diamonds. Namibia also produces large
quantities of lead, zinc, tin, silver, and tungsten. More than half
the population depends on agriculture (largely subsistence
agriculture) for its livelihood.
National product:
GDP - purchasing power equivalent - $3.85 billion (1993 est.)
National product real growth rate:
3.5% (1992)
National product per capita:
$2,500 (1993 est.)
Inflation rate (consumer prices):
17.9% (1992) in urban area
Unemployment rate:
30% (1992)
Budget:
revenues:
$941 million
expenditures:
$1.05 billion, including capital expenditures of $157 million
(FY93/94)
Exports:
$1.289 billion (f.o.b., 1992 est.)
commodities:
diamonds, copper, gold, zinc, lead, uranium, cattle, processed fish,
karakul skins
partners:
Switzerland, South Africa, Germany, Japan
Imports:
$1.178 billion (f.o.b., 1992)
commodities:
foodstuffs, petroleum products and fuel, machinery and equipment
partners:
South Africa, Germany, US, Switzerland
External debt:
about $220 million (1992 est.)
Industrial production:
growth rate 4.9% (1991); accounts for 35% of GDP, including mining
Electricity:
capacity:
490,000 kW
production:
1.29 billion kWh
consumption per capita:
850 kWh (1991)
Industries:
meatpacking, fish processing, dairy products, mining (copper, lead,
zinc, diamond, uranium)
Agriculture:
accounts for 15% of GDP; mostly subsistence farming; livestock raising
major source of cash income; crops - millet, sorghum, peanuts; fish
catch potential of over 1 million metric tons not being fulfilled,
1988 catch reaching only 384,000 metric tons; not self-sufficient in
food
Economic aid:
recipient:
Western (non-US) countries, ODA and OOF bilateral commitments
(1970-87), $47.2 million
Currency:
1 South African rand (R) = 100 cents
Exchange rates:
South African rand (R) per US$1 - 3.4096 (January 1994), 3.2678
(1993), 2.8497 (1992), 2.7653 (1991), 2.5863 (1990), 2.6166 (1989)
Fiscal year:
1 April - 31 March

@Namibia, Communications

Railroads:
2,341 km 1.067-meter gauge, single track
Highways:
total:
54,500 km
paved:
4,080 km
unpaved:
gravel 2,540 km; earth 47,880 km (roads and tracks)
Ports:
Luderitz; Walvis Bay
Airports:
total:
136
usable:
109
with permanent-surface runways:
21
with runways over 3,659 m: