30
Mar
Steve Nashama The highest-ever recorded economic expansion in Namibia with nominal Gross Domestic Product was recorded in 2022. Yesterday, the Namibia Statistics Agency announced the 2022 Annual National Accounts measuring the highest size of the economy over the year. According to Alex Shimuafeni, the Statistician-General and Chief Executive Officer at NSA, the economy showed an expansion of N$22, 3 billion. The nominal Gross Domestic Product (GDP) for 2022, which measures the size of the economy, is estimated at N$206, 2 billion compared to N$183, 9 billion recorded in 2021, which brings the expansion amount to N$22, 3 billion. “The Gross…