The economy of Namibia advanced by 1.9% year-on-year in Q3 2025, accelerating from a 1.3% expansion in the previous three-month period. Tertiary activities (+4.1%) were the main driver of growth, led by financial services activities (8.4%); wholesale and retail trade (5.5%), education (4.9%), and health (4.7%). At the same time, the industrial sector rose 1.2%, as strong growth in utilities (+12.5%) was offset by declines in construction (-5%) and manufacturing (-1%). Conversely, primary activities witnessed a decrease of 6.9%, amid poor performance in agriculture and forestry (-22.7%) and mining and quarrying (-4.2%). A significant decrease in marketed animals, due to farmer restocking, was observed, along with a decline in diamond and metal ores except uranium ore.