as close links to South Africa.
GDP growth in 2000 was led by gains in the diamond and fish sectors.
Agreement has been reached on the privatization of several more
enterprises in coming years, which should stimulate long-run foreign
investment. Growth in 2001 could be 5.5% provided the world economy
remains stable.

GDP: purchasing power parity - $7.6 billion (2000 est.)

GDP - real growth rate: 4% (2000 est.)

GDP - per capita: purchasing power parity - $4,300 (2000 est.)

GDP - composition by sector: agriculture: 12%

industry: 25%

services: 63% (1999 est.)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: NA%

highest 10%: NA%

Inflation rate (consumer prices): 9.1% (2000)

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: $883 million

expenditures: $950 million, including capital expenditures of $NA
(1998)

Industries: meatpacking, fish processing, dairy products; mining
(diamond, lead, zinc, tin, silver, tungsten, uranium, copper)

Industrial production growth rate: NA

Electricity - production: 1.198 billion kWh (1999)

Electricity - production by source: fossil fuel: 2%

hydro: 98%

nuclear: 0%

other: 0% (1999)

Electricity - consumption: 1.948 billion kWh (1999)

Electricity - exports: 56 million kWh (1999)

Electricity - imports: 890 million kWh

note: supplied by South Africa (1999)

Agriculture - products: millet, sorghum, peanuts; livestock; fish

Exports: $1.4 billion (f.o.b., 2000 est.)

Exports - commodities: diamonds, copper, gold, zinc, lead, uranium;
cattle, processed fish, karakul skins

Exports - partners: UK 43%, South Africa 26%, Spain 14%, France 8%,
Japan (1998 est.)

Imports: $1.6 billion (f.o.b., 2000 est.)

Imports - commodities: foodstuffs; petroleum products and fuel,
machinery and equipment, chemicals

Imports - partners: South Africa 81%, US 4%, Germany 2% (1997 est.)

Debt - external: $217 million (2000 est.)

Economic aid - recipient: $127 million (1998)

Currency: Namibian dollar (NAD); South African rand (ZAR)

Currency code: NAD; ZAR

Exchange rates: Namibian dollars per US dollar - 7.78307 (January
2001), 6.93983 (2000), 6.10948 (1999), 5.52828 (1998), 4.60796
(1997), 4.29935 (1996)

Fiscal year: 1 April - 31 March