Namibia’s population count stands at 2 212 307, with approximately 64.6% of the population falling between 15 and 64 years of age. The country boasts a relatively high adult literacy rate of 81.9% due to compulsory free education for citizens aged between six and 16.
Unemployment in the formal-sector is estimated to be as high as 50% and, as a result, Namibia has one of the highest Gini coefficients in the world, at 74.3. The richest 10% of the population earn 107 times more than what the poorest 10% of the population earns. The majority of Namibians live in extreme poverty due to large-scale unemployment and unequal income distribution.
Namibia’s population is made up of Ovambo, Kavango, Herero, Damara, Nama, Caprivian, San, Baster, and Tswana people. 80% of the country’s population is Christian and the main spoken languages include Oshiwamba, Nama/Damara, English and Afrikaans.
HIV/AIDS infections remains a challenge in Namibia, and as a result its working population has decreased, while the number of orphans has increased. Malaria is also becoming a concern within the country due to the prevalence of HIV/AIDS.
According to the United Nations World Food Programme, more than 42% of Namibians do not have enough food to eat, affording businesses moving into the country an opportunity to assist the country with healthcare and food security.