Forestry and Fishing sectors’ growth dips

Agriculture, Forestry and Fishing sectors’ growth dips

Agriculture, Forestry and Fishing sectors’ growth dips

Tujoromajo Kasuto The Namibia Statistics Agency (NSA), reveals that the Agriculture, Forestry and Fishing sectors fell by 8.8 percent in the Third Quarter (Q3) of 2022, owing to a drop in the sub-sectors of livestock farming and fishing, which dropped by 18.9 percent and 3.1 percent in real value added, respectively. The NSA notes that the value added to the sector in the Third Quarter (Q3) of 2022 was estimated to be N$3.2 billion in nominal terms, representing 6.4 percent of the GDP (GDP). Namibia’s export earnings from commodities in the ‘Agriculture, Forestry, and Fishing sectors totaled N$3.7 billion, while…
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