Household expenditure doubles in 6 years
Results from the Namibia Household and Expenditure Survey (NHIES) 2015/16 released by the Namibia Statistics Agency (NSA) on Wednesday show that the total household expenditure in Namibia stood at N$64 billion as compared to the N$28.5 billion recorded in the 2009/10 survey.
The average household consumption expenditure annually was captured at N$119 000 (average of N$9 917 per month), which is almost double the N$65 000 average (N$5 417 per month) recorded during the 2009/10 period. Catch more on this story in tomorrow’s copy of Market Watch.
The average household consumption expenditure annually was captured at N$119 000 (average of N$9 917 per month), which is almost double the N$65 000 average (N$5 417 per month) recorded during the 2009/10 period. Catch more on this story in tomorrow’s copy of Market Watch.
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