NAMIBIA Sonja Liukkonen 614755 Namibia Key facts Population

NAMIBIA Sonja Liukkonen: 614755

Namibia- Key facts • Population: 2. 3 million • Capital: Windhoek • Population density (per. Sq km): 3 ( Driest and one of the most sparsely populated countries on earth. ) • UN HDI: World ranking 127

Income, Poverty & Inequality 2009 2003 1993 Mean �� /month Headcount % Poverty gap % Gini Index 237. 07 21. 60 6. 65 60. 97 211. 34 31. 46 10. 17 63. 32 196. 41 52. 87 27. 77 n. a • Poverty has been decreasing between 1993 -2009 • The income level has been increasing in Namibia and at the same time inequality has been decreasing.

GDP • GDP PC 2013: 4565 in U. S dollars • GDP Growth 1995 -2013: 2. 49 % Real Growth in GDP 2007 -2011

Overview • Namibia has enjoyned a sustained period of strong growth • Political stability is one reason for economic growth and poverty reduction • Still Namibia remains one of the most unequal countries in the world with a high gini coeffient • All Namibias major production sectors (mining, tourism, livestock and meat production, and fisheries ) are vulnerable to external economic and ecological shocks.

References • World Bank, 2017. [online] Available at: <http: //www. worldbank. org> [Accessed 13 May 2017]. • The common wealth, 2017. [online] Available at: <http: //thecommonwealth. org/our-membercountries/namibia/economy [Accessed 13 May 2017].