Political pressure groups and leaders:
NA
International organization participation:
ACP, AfDB, AU, C, FAO, G-77, IAEA, IBRD, ICAO, ICCt, ICFTU, ICRM,
IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM (observer), IPU,
ISO (correspondent), ITU, MIGA, NAM, ONUB, OPCW, SACU, SADC, UN,
UNCTAD, UNESCO, UNHCR, UNIDO, UNMEE, UNMIL, UNMIS, UNOCI, UPU, WCL,
WCO, WHO, WIPO, WMO, WToO, WTO
Diplomatic representation in the US: chief of mission: Ambassador Patrick NANDAGO chancery: 1605 New Hampshire Avenue NW, Washington, DC 20009 telephone: [1] (202) 986-0540 FAX: [1] (202) 986-0443
Diplomatic representation from the US: chief of mission: Ambassador Joyce BARR embassy: Ausplan Building, 14 Lossen Street, Windhoek mailing address: Private Bag 12029 Ausspannplatz, Windhoek telephone: [264] (61) 221601 FAX: [264] (61) 229792
Flag description:
a large blue triangle with a yellow sunburst fills the upper left
section and an equal green triangle (solid) fills the lower right
section; the triangles are separated by a red stripe that is
contrasted by two narrow white-edge borders
Economy Namibia
Economy - overview:
The economy is heavily dependent on the extraction and processing
of minerals for export. Mining accounts for 20% of GDP. Rich
alluvial diamond deposits make Namibia a primary source for
gem-quality diamonds. Namibia is the fourth-largest exporter of
nonfuel minerals in Africa, the world's fifth-largest producer of
uranium, and the producer of large quantities of lead, zinc, tin,
silver, and tungsten. The mining sector employs only about 3% of the
population while about half of the population depends on subsistence
agriculture for its livelihood. Namibia normally imports about 50%
of its cereal requirements; in drought years food shortages are a
major problem in rural areas. A high per capita GDP, relative to the
region, hides the world's worst inequality of income distribution.
The Namibian economy is closely linked to South Africa with the
Namibian dollar pegged one-to-one to the South African rand.
Privatization of several enterprises in coming years may stimulate
long-run foreign investment. Increased fish production and mining of
zinc, copper, uranium, and silver spurred growth in 2003-05.
GDP (purchasing power parity):
$14.16 billion (2005 est.)
GDP (official exchange rate):
$4.976 billion (2005 est.)
GDP - real growth rate:
3.2% (2005 est.)