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Namibia Q3 GDP 2023

Namibia Q3 GDP 2023

According to the Namibia Statistics Agency, the Namibian economy grew 7.2% in Q3 ’23, after revising Q2 ’23 growth from 3.7% to 5.5%. This is notably higher than the revised 4.9% growth rate in Q3 ’22, and achieves an impressive rolling four-quarter growth rate of 6.5%. However, real GDP growth for ’22 was revised for a second time, now down from 7.6% to 6.4% (initial estimate: 4.6%).

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