Poverty in Namibia

Namibia has an economic growth rates averaging 4.3% according to the World Bank, and is one of nine nations in Africa classified by the World Bank as upper center pay.

[1] However, income disparity in the country is one of the world's highest with a Gini coefficient of 59.1 in 2015[2] (2017: 61.3), and there were 3,300 US$ millionaires in 2017.

[3] In a 2021 report by the governmental Namibia Statistics Agency, multidimensional poverty was determined to affect 43% of the population, 59% in rural and 25% in urban areas.

[4] More than 400,000 people live in informal housing, with Windhoek (100,000 shack dwellers), Rundu (76,000) and Otjiwarongo (53,000) accommodating the largest number.

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