NAMIBIA
HR Outsourcing Solutions

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About Namibia

Page Last Updated: 28/05/2024

Nestled in southwestern Africa, Namibia is a land of striking landscapes, diverse wildlife, and rich cultural heritage. As businesses seek to capitalize on the country’s growing economy and investment opportunities, navigating HR complexities can be daunting. Africa HR Solutions offers tailored support for businesses of all sizes in Namibia, streamlining HR processes, from payroll management to employee onboarding. 

Population: 2.69 M


Gross Domestic Product (GDP): $12.77 B
GDP Growth: 2.6%
Inflation: 4.8%
Foreign Direct Investment (% of GDP): 8.2%
Unemployment Rate: 19.63%
Capital: Windhoek
Currency: Namibian dollar (NAD), South African rand (ZAR)
Languages: English

Namibia Payroll at a Glance

Currency

Namibian dollar (NAD), South African rand (ZAR)

Income Tax

0% – 37%

Employer Taxes

0.9%

Employee Contribution

0.9%

Fiscal Year

April – March

Date Format

yyyy/mm/dd or dd/mm/yyyy

  • Namibia is rich in mineral resources, particularly diamonds, uranium, gold, and zinc, which are significant contributors to its economy.
  • Mining is a cornerstone of Namibia’s economy, with the country being one of the world’s largest producers of uranium and a major exporter of diamonds.
  • Namibia’s stunning landscapes, including the Namib Desert, Etosha National Park, and the Skeleton Coast, attract tourists from around the world, contributing to the economy.
  • Namibia has been investing in infrastructure development, including transport, energy, and telecommunications, to support economic growth and development.
  • Namibia’s economy is diverse, with key sectors including mining, agriculture, manufacturing, tourism, and services.
  • New Year’s Day
  • Independence Day
  • Good Friday
  • Easter Monday
  • Worker’s Day
  • Cassinga Day
  • Africa Day
  • Ascension Day
  • Heroes’ Day
  • International Human Rights Day
  • Christmas Day
  • Family Day

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