Compare Namibia (2008) - Namibia (2007)

Compare Namibia (2008) z Namibia (2007)

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	Namibia (2008)	Namibia (2007)

Background	South Africa occupied the German colony of South-West Africa during World War I and administered it as a mandate until after World War II, when it annexed the territory. In 1966 the Marxist South-West Africa People's Organization (SWAPO) guerrilla group launched a war of independence for the area that was soon named Namibia, but it was not until 1988 that South Africa agreed to end its administration in accordance with a UN peace plan for the entire region. Namibia has been governed by SWAPO since the country won independence in 1990. Hifikepunye POHAMBA was elected president in November 2004 in a landslide victory replacing Sam NUJOMA who led the country during its first 14 years of self rule.	South Africa occupied the German colony of South-West Africa during World War I and administered it as a mandate until after World War II, when it annexed the territory. In 1966 the Marxist South-West Africa People's Organization (SWAPO) guerrilla group launched a war of independence for the area that was soon named Namibia, but it was not until 1988 that South Africa agreed to end its administration in accordance with a UN peace plan for the entire region. Namibia won its independence in 1990 and has been governed by SWAPO since. Hifikepunye POHAMBA was elected president in November 2004 in a landslide victory replacing Sam NUJOMA who led the country during its first 14 years of self rule.
Budget	revenues: $2.561 billion expenditures: $2.483 billion (2007 est.)	revenues: $2.396 billion expenditures: $2.26 billion (2006 est.)
Debt - external	$1.429 billion (31 December 2007 est.)	$1.348 billion (2006 est.)
Diplomatic representation from the US	chief of mission: Ambassador G. Dennise MATHIEU embassy: 14 Lossen Street, Windhoek mailing address: Private Bag 12029 Ausspannplatz, Windhoek telephone: [264] (61) 295-8500 FAX: [264] (61) 295-8603	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
Economy - overview	The economy is heavily dependent on the extraction and processing of minerals for export. Mining accounts for 8% of GDP, but provides more than 50% of foreign exchange earnings. 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 one of the world's most unequal income distributions. The Namibian economy is closely linked to South Africa with the Namibian dollar pegged one-to-one to the South African rand. Increased payments from the Southern African Customs Union (SACU) put Namibia's budget into surplus in 2007 for the first time since independence, but SACU payments will decline after 2008 as part of a new revenue sharing formula. Increased fish production and mining of zinc, copper, uranium, and silver spurred growth in 2003-07, but growth in recent years was undercut by poor fish catches and high costs for metal inputs.	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 2003-06.
Exchange rates	Namibian dollars per US dollar - 7.18 (2007), 6.7649 (2006), 6.3593 (2005), 6.4597 (2004), 7.5648 (2003)	Namibian dollars per US dollar - 6.7649 (2006), 6.3593 (2005), 6.4597 (2004), 7.5648 (2003), 10.5407 (2002)
Exports	0 bbl/day (2004)	NA bbl/day
GDP - composition by sector	agriculture: 10.6% industry: 30.8% services: 58.6% (2007 est.)	agriculture: 10.9% industry: 30.6% services: 58.5% (2006 est.)
GDP - real growth rate	4.5% (2007 est.)	2.9% (2006 est.)
Industrial production growth rate	4.6% (2007 est.)	NA%
Inflation rate (consumer prices)	6.7% (2007 est.)	5.1% (2006 est.)
International organization participation	ACP, AfDB, AU, C, FAO, G-77, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM (observer), IPU, ISO (correspondent), ITSO, ITU, MIGA, NAM, OPCW, SACU, SADC, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMEE, UNMIL, UNMIS, UNOCI, UNWTO, UPU, WCL, WCO, WHO, WIPO, WMO, WTO	ACP, AfDB, AU, C, FAO, G-77, IAEA, IBRD, ICAO, ICCt, ICRM, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM (observer), IPU, ISO (correspondent), ITSO, ITU, MIGA, NAM, ONUB, OPCW, SACU, SADC, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMEE, UNMIL, UNMIS, UNOCI, UNWTO, UPU, WCL, WCO, WHO, WIPO, WMO, WTO
Labor force	660,000 (2007 est.)	657,000 (2006 est.)
Political parties and leaders	Congress of Democrats or COD [Ben ULENGA]; Democratic Turnhalle Alliance of Namibia or DTA [Katuutire KAURA]; Monitor Action Group or MAG [Jurie VILJOEN]; National Democratic Movement for Change or NamDMC; National Unity Democratic Organization or NUDO [Kuaima RIRUAKO]; Rally for Democracy and Progress or RDP [Hidipo HAMUTENYA]; Republican Party or RP [Henk MUDGE]; South West Africa National Union or SWANU [Rihupisa KANDANDO]; South West Africa People's Organization or SWAPO [Hifikepunye POHAMBA]; United Democratic Front or UDF [Justus GAROEB]	Congress of Democrats or COD [Ben ULENGA]; Democratic Turnhalle Alliance of Namibia or DTA [Katuutire KAURA]; Monitor Action Group or MAG [Jurie VILJOEN]; National Democratic Movement for Change or NamDMC; National Unity Democratic Organization or NUDO [Kuaima RIRUAKO]; Republican Party or RP [Henk MUDGE]; South West Africa National Union or SWANU [Rihupisa KANDANDO]; South West Africa People's Organization or SWAPO [Sam Shafishuna NUJOMA]; United Democratic Front or UDF [Justus GAROEB]
Telephone system	general assessment: good system with a combined fixed-line and mobile-cellular teledensity of about 30 per 100 persons domestic: core fiber-optic network links most centers and connections are now digital; Namibia's first mobile-phone network, launched in 1994, provides coverage to 86 percent of Namibia by area international: country code - 264; fiber-optic cable to South Africa, microwave radio relay link to Botswana, direct links to other neighboring countries; connected to the South African Far East (SAFE) submarine cable through South Africa; satellite earth stations - 4 Intelsat	general assessment: good system; about 6 telephones for each 100 persons domestic: good urban services; fair rural service; microwave radio relay links major towns; connections to other populated places are by open wire; 100% digital international: country code - 264; fiber-optic cable to South Africa, microwave radio relay link to Botswana, direct links to other neighboring countries; connected to Africa ONE and South African Far East (SAFE) submarine cables through South Africa; satellite earth stations - 4 Intelsat (2002)
Television broadcast stations	2 (2007)	8 (plus about 20 repeaters) (1997)

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