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WHO, WIPO, WMO, WToO, WTrO Diplomatic representation in the US: chief of mission: Ambassador Leonard Nangolo IIPUMBU chancery: 1605 New Hampshire Avenue NW, Washington, DC 20009 FAX: [1] (202) 986-0443 telephone: [1] (202) 986-0540 Diplomatic representation from the US: chief of mission: Ambassador Kevin J. McGUIRE embassy: Ausplan Building, 14 Lossen Street, Windhoek mailing address: Private Bag 12029 Ausspannplatz, Windhoek telephone: [264] (61) 221601 FAX: [264] (61) 229792 Flag description: a large blue triangle with a yellow sunburst fills the upper left section and an equal green triangle (solid) fills the lower right section; the triangles are separated by a red stripe that is contrasted by two narrow white-edge borders Economy Namibia Economy - overview: The economy is heavily dependent on the extraction and processing of minerals for export. Mining accounts for 20% of GDP. Namibia is the fourth-largest exporter of nonfuel minerals in Africa and the world's fifth-largest producer of uranium. Rich alluvial diamond deposits make Namibia a primary source for gem-quality diamonds. Namibia also produces large quantities of lead, zinc, tin, silver, and tungsten. About half of the population depends on agriculture (largely subsistence agriculture) for its livelihood. Namibia must import some of its food. Although per capita GDP is five times the per capita GDP of Africa's poorest countries, the majority of Namibia's people live in pronounced poverty because of large-scale unemployment, the great inequality of income distribution, and the large amount of wealth going to foreigners. The Namibian economy has close links to South Africa. Agreement has been reached on the privatization of several more enterprises in coming years, which should stimulate long-run foreign investment. GDP: purchasing power parity - $8.1 billion (2001 est.) GDP - real growth rate: 4% (2001 est.) GDP - per capita: purchasing power parity - $4,500 (2001 est.) GDP - composition by sector: agriculture: 11% industry: 28% services: 61% (2000 est.) Population below poverty line: NA% Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA% Inflation rate (consumer prices): 8.8% (2001) Labor force: 500,000 Labor force - by occupation: agriculture 47%, industry 20%, services 33% (1999 est.) Unemployment rate: 30% to 40%, including underemployment (1997 est.) Budget: revenues:
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