economic sectors in namibia

The decrease is because of Namibia's reclassification as an upper-middle-income country. [Online]. well the fact of contribution to the Namibin GDP is clear set up - my question will be: can one determine how much does Tourism SME contribution to the Namibian GDP. PubMedGoogle Scholar. Lenzen [12] provides a useful overview of the pros and cons of the various approaches; we follow the approach that Lenzen actually uses in that paper for his own analysis, but note that his discussion can also be interpreted in favor of using other approaches. FDI Inflow: Public Debt: 72.0%. k policies committed to the development of previously neglected regions of ), 64.6% of total installed capacity (2015 est. The government indicated it wished Namibia - Market Overview - International Trade Administration Namibian authorities have emphasized the need Continue reading Namibian Economic Policy Research Unit, Windhoek, Laumas PS: Key sectors in some underdeveloped countries. In the Namibian SAM, subsistence agriculture produces a composite own-consumption food product, all of which is provided to people working in that sector. Both the Environmental Assessment Policy (1995) and the . Economy of Namibia - Encyclopedia Britannica Mining accounts for 20% of GDP and the majority of exports. Hirschman A: The strategy of economic development. News in brief: More energy stories from around the world. A Cuaderno 01/09, Cuadernos de Trabajo de SHAIO Serie 1. 1 Large PDF Namibia - Oecd Yale University Press, New Haven; 1958. i i ", World Bank, Namibia: Share of economic sectors in the gross domestic product (GDP) from 2011 to 2021 Statista, https://www.statista.com/statistics/510204/share-of-economic-sectors-in-the-gdp-in-namibia/ (last visited July 09, 2023), Namibia: Share of economic sectors in the gross domestic product (GDP) from 2011 to 2021 [Graph], World Bank, May 10, 2023. ), 1 private and 1 state-run TV station; satellite and cable TV service available; state-run radio service broadcasts in multiple languages; about a dozen private radio stations; transmissions of multiple international broadcasters available (2007), Namibian Defense Force (NDF): Army, Navy, Air Force (2013), 18 years of age for voluntary military service; no conscription (2012), concerns from international experts and local populations over the Okavango Delta ecology in Botswana and human displacement scuttled Namibian plans to construct a hydroelectric dam on Popa Falls along the Angola-Namibia border; the governments of South Africa and Namibia have not signed or ratified the text of the 1994 Surveyor's General agreement placing the boundary in the middle of the Orange River; Namibia has supported, and in 2004 Zimbabwe dropped objections to, plans between Botswana and Zambia to build a bridge over the Zambezi River, thereby de facto recognizing a short, but not clearly delimited, Botswana-Zambia boundary in the river. PDF Namibia Water Sector Support Program (Nwssp) Summary of The Thus, there are no forward linkages from this sector except through the food recipients consumption, and there is no interaction with the other food sectors. b It is that important, requiring us to manage the sector with due care," said Alweendo. Challenges facing SME's in Namibia Namibia | Economic Indicators | Moody's Analytics holds enormous potential for long-term economic growth. Angola 1,427 km, Botswana 1,544 km, South Africa 1,005 km, Zambia 244 km, suspected deposits of oil, coal, and iron ore, Antarctic-Marine Living Resources, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Wetlands, estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2017 est. Despite an abundant supply of minerals such as uranium, zinc, lead, diamond, tungsten, tin, and silver, only 3% of the population is employed in this sector. / The goods produced are then used both as intermediate inputs and as consumer goods. We use the Z matrix, showing those monetary flows between sectors that are considered endogenous to the model, to determine the Leontief matrix of input coefficients A, given by https://creativecommons.org/licenses/by/2.0. i , Myanmar Economic Monitor June 2023: A fragile recovery - World Bank Group i Funding from donors has been declining since Namibia's reclassification in 2009. , in order to get Given the highly unequal distribution of income and high unemployment in Namibia, it is also of interest to examine whether the forward and backward linkage effects are different when one considers effects on employment or on labor income rather than on output per se. Would it be considered profitable to invest in a strip mall concept for movies/stores/food- one stop shop in Namibia. i The present paper presents key sector research for the Namibian economy, based on inputoutput and Social Accounting Matrix (SAM) analyzes. To use individual functions (e.g., mark statistics as favourites, set q Sectors with widely dispersed backward effects but with limited or no forward effects are mostly those that draw widely on domestic inputs but sell mainly to export markets or to tourists visiting Namibia. /n and democratically elected government is following pragmatic economic The analyseswere derived from a Namibian SAM for the 2004 period, using 28 economic sectors.We nd that mining and government services are currently key sectors. . j BACKGROUND TO THE PROGRAM . , where and n B Unemployment (estimated at 36.7% and 52 % of the labor force in 2004 and 2008, respectively), poverty (56 % of the population live on less than US$2 a day) and household food security are major challenges faced by the country. The Namibian economy is closely linked to South Africa with the Namibian dollar pegged one-to-one to the South African rand. / Namibias economy is heavily dependent on the extraction and processing of minerals for export. Namibia: Diamonds Must Add More to Domestic Economy Figures have been rounded. Economic Sectors in Namibia: Opportunities and Challenges Construction: Although Namibia's construction industry struggled in 2022, it is expected to do better in the future because of factors. The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS), Journal of Economic Structures An Analysis of the Fishing Industry in Namibia: The Structure i Ministry of Labour, Government of the Republic of Namibia, Windhoek. j Sectors with By way of an inputoutput table, backward linkages can be identified using a standard Leontief inverse [13] while forward linkages can be identified using a Ghosh inverse [5] or, alternatively, using the Leontief inverse as well. The principal concern with a key sector analysis is the identification of economic activities that exhibit the largest amount of interdependence with the rest of the economy. However, it is also of interest to know whether or not these effects on the surrounding economy are widely dispersed among other sectors. Manufacturing has also been identified for policy support. Share of economic sectors in the GDP in Namibia 2021 - Statista However, key sector analysis remains a useful tool in those countries where the necessary data and the necessary funding are available. We find that mining and government services are currently key sectors. n j 10.1111/j.1467-6435.1976.tb02001.x, Lenzen M: Environmentally important paths, linkages and key sectors in the Australian economy. q 2023 Moodys Analytics, Inc. and/or its affiliates and licensors. This was identified as a limitation by the researchers compiling the SAM (ibid.). But that summary is misleading. Namibia - Commercial Fishing - International Trade Administration in 1990. and / /n, Minerals: Diamonds. ), median age at first birth among women 25-29 (2013 est. NPC/National Planning Commission (2008) A review of poverty and inequality in Namibia. i b The source does not provide any information regarding percentage points not adding up to or exceeding 100 percent. k B V In 2022, of the total taxes from the mining industry, 55% came from the diamond sector. i B = V Profit from the additional features of your individual account. In Handbook of inputoutput table compilation and analysis. [ National Planning Commission, Government of the Republic of Namibia, Windhoek, Chenery B, Watanabe T: International comparisons of the structure of production. Humavindu, M.N., Stage, J. Key sector analysis can contribute to that goal. A few cautionary notes are in order at this point. 10.1111/0022-4146.00073, Ghosh A: Inputoutput approach in an allocation system. (PDF) Key Sectors of the Namibian Economy - ResearchGate The overall concern with the identification of key sectors is their usefulness in economic development strategy. Manufacturing output and new orders have risen quickly, sales of domestic . 1 Unemployment was high at around 35% in 2000, and the government was B Key manufacturing sectors with less widely dispersed backward effects are those that sell their products to a broad range of other sectorshence the widely dispersed forward effectsbut whose main input from the domestic economy is the use of transportation and retail services to distribute their products. key figures Land area, thousands of km2: 823 Population, thousands (2000): 1 757 GDP per capita, $ (2000): 1 955 Life expectancy (1995-2000): 45.1 Illiteracy rate (2001): 17.3 NAMIBIA, A MIDDLE INCOME COUNTRYwith an income B i Abstract The present paper presents key sector research for the Namibian economy,based on input-output and Social Accounting Matrix (SAM) analyzes. i The selection of sectors for development also has a direct bearing on the deployment or direction of flow of instruments such as economic incentives as well as government research and development (R&D). Use Ask Statista Research Service. / Show publisher information j The results obtained are useful for policy purposes in terms of identifying those sectors where interventions are likely to have the greatest impact on the Namibian economy. i need that information as per year. Its score is 1.5 points worse than last . Some manufacturing and services sectors have important linkages in terms of output effects, whilst for employment and income effects, the agriculture sector is paramount. Mining, Manufacturing of beverages and other food processing and Government services are crucial for overall output in the economy. an extensive natural resource base, a small population, and a stable Namibias new development policy frameworks (the Industrial Policy 2012 and the Fourth National Development Plan) are premised on a targeted sectoral approach. Your US state privacy rights, There is some debate among practitioners about which approach to use for forward linkages (see e.g. For these reasons analysts believe that Namibia's economy wildlife and striking scenery. Leontief W: The structure of the American economy, 19191924: an empirical application of equilibrium analysis. Mining is a key sector for labor income, while Commercial agriculture: animal products is a key sector for employment. These are perceived to be sectors in which the country has a comparative advantage as well as growth potential. PDF Final Draft National IWRM Report for Namibia - GWP to privatize state-owned enterprises, including in the electricity, = Terms and Conditions, Accessed July 09, 2023. https://www.statista.com/statistics/510204/share-of-economic-sectors-in-the-gdp-in-namibia/, World Bank. i Namibia also produces large quantities of zinc and is a smaller producer of gold and copper. The primary objective of the study is to provide a comprehensive analysis of the fishery sector in Namibia.
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