13/07/2026
Namibia sells minerals to the world.
It makes its living selling to itself.
Here is the split almost no one names.
Mining, the thing we are known for, is about one Namibian dollar in seven of the economy. The services we do for each other, trade, finance, transport, government, are more than half of it. Put trade, finance, transport and property together, and they are twice the size of mining.
And yet mining is nearly half of what we export, and more than half our foreign exchange.
So, we live on services, and we earn hard currency on minerals. That one split quietly explains a great deal: why commodity prices rattle the national budget, why we ship raw material out and buy finished goods back, and why "adding value at home" keeps returning to every economic conversation we have.
The full picture, one chart across eight cards, is this week's Monasa Monitor. Five minutes. Swipe. →
If you could pull one lever to change how Namibia earns, value addition, diversification, or a stronger domestic revenue base, which would it be?
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Sources: Namibia Statistics Agency, National Accounts; Bank of Namibia.
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