Namibia will have 3 million people by 2030

23 Apr 2020

Namibia has a population of 2.5 million, and growing at 20% over the next 10 years, will reach 3 million.  In 2019, Namibia had a GDP of $14 billion or equal to slightly over $5,800 per capita. Namibia’s economy depends heavily on fishing, tourism and its mineral resources. It is the fourth-largest producer of Uranium in the world.

Power and Water

Namibia aims to generate more of its electricity locally to give a boost to its mining and construction sector. We predict Namibia will require an additional electricity capacity of 15 megawatts by 2030 to meet the demand of the economy and its population.

Namibia is the driest country in Sub-Sahara Africa.  ABiQ estimates Namibia will require 30 million cubic metres of additional potable water per annum by 2030. The government has a mandate to provide 100% water access to its population and support its economic activities.

Retail

There will be an additional 45,000 square meters of retail space required in the coming 10 years as the economy is recovering gradually from the impact of COVID-19 and a recession.

Healthcare

As part of the national health policy framework, Namibia aims to become a healthy nation. It currently has only one ‘A-class’ hospital and aims to build more of them. ABiQ predicts that the country will need 3 additional hospitals across the country by 2030. 

For more information on Namibia, contact us for a free demo

Namibia
Population in 2020 2.5 million
Population by 2030 3.0 million
Population growth from 2020 to 2030 20 %
GDP 2019 $ 14 bn
Electricity Capacity required by 2030  15 MW
Additional Potable Water required per annum by 2030  30 million m3
Additional retail by 2030 45,000 m2
New Hospitals required by 2030 3

Still have questions?

Our team is ready to help.

Get access to trusted and valuable data to inform your business decisions and open opportunities for growth.