Key Market Indicators
Namibia's passenger transport revenue is projected to climb to approximately $172 million by 2028, up from an estimated $131 million in 2023. This marks an average annual growth rate of 4.2%. The Namibian market has shown consistent advancement, expanding at an average rate of 4% per year since 2005. In the global rankings for 2023, Namibia held the 45th position. Togo outpaced Namibia with comparable revenue of $131 million. Leading the global rankings, Qatar secured the top spot, followed by Ireland in second place and Russia in third.
