unts for almost
25% of GDP. Namibia is the fourth-largest exporter of nonfuel minerals
in Africa and the world's fifth-largest producer of uranium. Alluvial
diamond 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. Namibia must import some of its food.
National product: GDP - purchasing power parity - $5.8 billion (1994
est.)
National product real growth rate: 5.8% (1994 est.)
National product per capita: $3,600 (1994 est.)
Inflation rate (consumer prices): 11% (1994)
Unemployment rate: 35% in urban areas (1993 est.)
Budget:
revenues: $941 million
expenditures: $1.05 billion, including capital expenditures of $157
million (FY93/94)
Exports: $1.3 billion (f.o.b., 1993 est.)
commodities: diamonds, copper, gold, zinc, lead, uranium, cattle,
processed fish, karakul skins
partners: Switzerland, South Africa, Germany, Japan
Imports: $1.1 billion (f.o.b., 1993 est.)
commodities: foodstuffs, petroleum products and fuel, machinery and
equipment
partners: South Africa, Germany, US, Switzerland
External debt: about $385 million (1994 est.)
Industrial production: growth rate -14% (1993); accounts for 30% of
GDP, including mining
Electricity:
capacity: 406,000 kW
production: 1.29 billion kWh
consumption per capita: 658 kWh (1991)
Industries: meat packing, fish processing, dairy products, mining
(copper, lead, zinc, diamond, uranium)
Agriculture: accounts for 10% of GDP; livestock raising major source
of cash income; crops - millet, sorghum, peanuts; fish catch potential
of over 1 million metric tons not being fulfilled
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 - 3.539 (January
1995), 3.5489 (1994), 3.2678 (1993), 2.8497 (1992), 2.7653 (1991),
2.5863 (1990)
Fiscal year: 1 April - 31 March
@Namibia:Transportation
Railroads:
total: 2,341 km (single track)
narrow gauge: 2,341 km 1.067-m gauge
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
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