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Namibia , Wednesday 09 September 2026

Namibia: Evolving the Informal Economy Must Have 'Tangible' Benefits

Published on: Monday 24 August 2026

Namibia: Evolving the Informal Economy Must Have 'Tangible' Benefits The informal economy is no longer on the periphery of the domestic economic landscape but has instead evolved into a powerful engine of employment, household income and economic survival. It is estimated that Namibia's informal economy accounts for 26.5% of gross domestic product (GDP) and employs close to 60% of the country's workforce.



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