Namibia’s economy has been categorized as a lower-middle-income economy, with its gross domestic product yielding a significantly larger value per capita on average in contrast to other sub-Saharan African countries.

Namibia is described as political stable with peaceful transitions of power between every state election. Its economic management is sound, which has helped develop the country and its infrastructure over the country’s 32 years of independence.

Namibia finds wealth in its mineral resources, which extraction thereof has contributed largely to its growth and international trade.

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