Namibia’s Public Debt Expected to Surpass N$168 Billion By 2025/26 Financial Year

Namibia’s public debt is forecast to increase from N$144 billion in the 2023/24 financial year to approximately N$168 billion by the 2025/26 financial year, according to Simonis Storm.

Junior economist at Simonis Storm Almandro Jansen says the rise comes despite incremental gains in gross domestic product (GDP) growth and a moderate recovery in reserve buffers, reflecting ongoing structural pressures in the fiscal landscape.

He says this projected trajectory implies a debt-to-GDP ratio between 68%…