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Namibia Annual National Accounts 2023

Namibia Annual National Accounts 2023

The Namibia Statistics Agency published the '23 Annual National Accounts, reporting real GDP growth of 4.2% for '23 and revising growth in '22 from 4.6% to 5.3%. Growth was once again led by mining and quarrying, thanks to better output for diamonds, uranium, and other commodities, along with increased mineral exploration (including oil and gas). However, the non-mining economy has shown encouraging recovery.

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