Namibia Mining Sector Contributes 14% of GDP With $434 Million in Taxes
Namibia's mining sector saw a 39% increase in tax revenue in 2025, contributing 14% to the national GDP. The government is now focusing on local mineral processing and new investments to drive further economic growth and job creation.
Why it matters
The growth of the mining sector is central to Namibia's national development strategy and its goal of industrializing its natural resource wealth.
email facebook linkedin twitter Whatsapp Namibia’s mining sector contributed 14% of GDP and generated 7.8 billion Namibian dollars ($434 million) in tax revenue in 2025, up 39% from 2024. Mining royalties rose 9% to 2.4 billion NAD ($137 million), while export duties jumped 90% to 685 million NAD ($38 million). President Netumbo Nandi-Ndaitwah said the mining industry plans to mobilize $2.8 billion in new investment and create more than 18,000 direct jobs through the Namibia Public-Private Forum. The mining sector contributed 14% of Namibia’s GDP and generated 7.8 billion Namibian dollars ($434 million) in tax revenue in 2025, up from 5.6 billion NAD ($313 million) in 2024, according to government data released on Aug. 5, 2026. The increase represents a 39% rise in one year.
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